Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
Michelangelo Racing Projects from Genk, company number BE0500477933, closed financial year 2025 with a result of € 1,857 after tax. For that financial year Michelangelo Racing Projects recorded a gross margin of € 2,486 and equity of € -4,288. Compared with financial year 2024, the result moved from € -3,021 to € 1,857. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ -4,288
▲ € 1,857 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,857
▲ still € 3,021 loss in 2024
Profit after tax over the fiscal year.
€ 11,798
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -10,488.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 877
▲ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 552
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -592 | € -627 | € -2,355 | € 2,486 | ▲ € 4,841 |
| Profit after taxes | € -1,168 | € -1,583 | € -3,021 | € 1,857 | ▲ € 4,879 |
| Equity | € -1,541 | € -3,124 | € -6,146 | € -4,288 | ▲ € 1,857 |
| Total debts | € 24,309 | € 24,936 | € 24,682 | € 25,617 | ▲ 4% |
| Cash | € 19,660 | € 13,999 | € 10,213 | € 11,798 | ▲ 16% |
| Retained profit | € -7,741 | € -9,324 | € -12,346 | € -10,488 | ▲ € 1,857 |
| Balance sheet total | € 22,768 | € 21,812 | € 18,536 | € 21,329 | ▲ 15% |
Key figures of Michelangelo Racing Projects, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Michelangelo Racing Projects?
What happened at Michelangelo Racing Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,857. Source: NBB ↗
- Carmelo Amendola became a director. NBB
- Barbera Cucciarre became a director. NBB
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,168 loss in 2022 to € 1,857 profit in 2025.
Best year ever: 2025, with € 1,857 profit.
A new publication or filing at Michelangelo Racing Projects? We notify you, reason included.
Follow Michelangelo Racing ProjectsDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Michelangelo Racing Projects are Carmelo Amendola, Michelangelo Amendola and Barbera Cucciarre. The same people are also behind AUTOBANDEN CARMELO.
Directors
According to the 2025 annual accounts
since 2017
since 2017
Establishments
Establishment units
Physical locations of this company
Weg naar As 243
3600 Genk
Rootenstraat 29 box 3
3600 Genk
Active since 30 October 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0500.477.933
- VAT number
- BE 0500.477.933
- Registered office
- Weg naar As 243, 3600 Genk
- Names & denominations
- Michelangelo Racing Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2012
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering