Financials
Financial year 2025
MICHAEL PROJECTS from Oud-Heverlee, company number BE0562945735, closed financial year 2025 with a result of € 4,854 after tax. For that financial year MICHAEL PROJECTS recorded a gross margin of € 20,681 and equity of € 71,144. Compared with financial year 2024, the result moved from € 1,844 to € 4,854. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 7, 2026.
€ 71,144
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,854
▲ 163% vs 2024
Profit after tax over the fiscal year.
€ 28,134
▲ 177% 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 € 64,944.
People and assets in 2025
€ 61,365
▲ € 55,740 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 31,234
€ 6,643 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 96,562
▲ € 81,569 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,916 | € 8,473 | € 11,321 | € 20,681 | ▲ 83% |
| Profit after taxes | € 32,680 | € 436 | € 1,844 | € 4,854 | ▲ 163% |
| Equity | € 64,010 | € 64,446 | € 66,290 | € 71,144 | ▲ 7% |
| Total debts | € 39,711 | € 18,649 | € 52,225 | € 152,896 | ▲ 193% |
| Cash | € 39,281 | € 35,917 | € 10,159 | € 28,134 | ▲ 177% |
| Retained profit | € 57,810 | € 58,246 | € 60,090 | € 64,944 | ▲ 8% |
| Dividend | € 3,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 0 | € 31,234 | |
| Balance sheet total | € 103,721 | € 83,095 | € 118,515 | € 224,039 | ▲ 89% |
Key figures of MICHAEL 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 30 January 2027.
What happened to MICHAEL PROJECTS?
What happened at MICHAEL 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 € 4,854 (▲ 163% vs 2024). Source: NBB ↗
- New establishment in Oud-Heverlee. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,680 profit in 2022 to € 4,854 profit in 2025.
Paid € 11,347 in corporate taxes since 2022.
Best year ever: 2022, with € 32,680 profit.
Paid out € 3,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Brainestraat 25
3052 Oud-Heverlee
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0562.945.735
- VAT number
- BE 0562.945.735
- Registered office
- Brainestraat 25, 3052 Oud-Heverlee
- Names & denominations
- MICHAEL PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2014
- Peppol
- Active · Active since 6 Dec 2025
- Activities · NACE
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.
Metselwerk
Installatie van isolatie
Reparatie en onderhoud van meubelen en stoffering
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Isolatiewerkzaamheden
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