Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
RaumFormat Michels from Sankt Vith, company number BE0607966108, closed financial year 2025 with a result of € -18,959 after tax. For that financial year RaumFormat Michels recorded a gross margin of € 142,677 and equity of € 58,539. Compared with financial year 2024, the result moved from € -17,167 to € -18,959. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 58,539
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,959
▼ 10 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,596
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 39,939.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 149,901
▼ 9% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 11,045
▼ 40% vs 2024
€ 7,343 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 11,892
▲ € 10,266 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 71,185
▲ 140% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,301 | € 195,621 | € 165,403 | € 142,677 | ▼ 14% |
| Profit after taxes | € 852 | € 18,954 | € -17,167 | € -18,959 | ▼ € 1,792 |
| Equity | € 69,511 | € 88,465 | € 77,498 | € 58,539 | ▼ 24% |
| Total debts | € 103,363 | € 135,050 | € 114,214 | € 159,060 | ▲ 39% |
| Cash | € 5,516 | € 2,671 | € 2,852 | € 1,596 | ▼ 44% |
| Retained profit | € 57,111 | € 76,065 | € 58,898 | € 39,939 | ▼ 32% |
| Bank debt | € 32,588 | € 25,487 | € 18,306 | € 11,045 | ▼ 40% |
| Balance sheet total | € 172,874 | € 223,514 | € 191,712 | € 217,599 | ▲ 14% |
Key figures of RaumFormat Michels, 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 RaumFormat Michels?
What happened at RaumFormat Michels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,959. Source: NBB ↗
- New establishment in Sankt Vith. KBO
- Start of the company according to the CBE. KBO
In short
From € 852 profit in 2022 to € 18,959 loss in 2025.
Paid € 10,002 in corporate taxes since 2022.
Best year ever: 2023, with € 18,954 profit.
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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 RaumFormat Michels is ANDRE MICHELS.
Directors
According to the 2025 annual accounts
ANDRE MICHELS
Director
Establishments
Establishment units
Physical locations of this company
Weiherstraße,Recht 34
4780 Sankt Vith
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0607.966.108
- VAT number
- BE 0607.966.108
- Registered office
- Weiherstraße,Recht 34, 4780 Sankt Vith
- Names & denominations
- RaumFormat Michels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2015
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Vervaardiging van kantoor- en winkelmeubelen
Vervaardiging van houten deuren en vensters
Vervaardiging van keukenmeubelen
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Smeden van metaal