Financials
Financial year 2025
LOOTENS MICHEL from Wetteren, company number BE0629972537, closed financial year 2025 with a result of € 3,688 after tax. For that financial year LOOTENS MICHEL recorded a gross margin of € 10,363 and equity of € 7,559. Compared with financial year 2024, the result moved from € 41,282 to € 3,688. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ 7,559
▲ 95% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,688
▼ 91% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -11,041.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 15,302
▲ 152% vs 2024
Loans from banks and other lenders, long and short.
€ 14,266
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,248
▲ 84% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -54,809 | € 46,991 | € 47,640 | € 10,363 | ▼ 78% |
| Profit after taxes | € -57,507 | € 33,959 | € 41,282 | € 3,688 | ▼ 91% |
| Equity | € -71,371 | € -37,412 | € 3,871 | € 7,559 | ▲ 95% |
| Total debts | € 113,461 | € 49,933 | € 24,383 | € 39,816 | ▲ 63% |
| Cash | € 7,504 | - | € 20,924 | - | |
| Retained profit | € -89,971 | € -56,012 | € -14,729 | € -11,041 | ▲ € 3,688 |
| Bank debt | € 46,505 | € 29,414 | € 6,077 | € 15,302 | ▲ 152% |
| Balance sheet total | € 42,090 | € 12,521 | € 28,253 | € 47,375 | ▲ 68% |
Key figures of LOOTENS MICHEL, 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 LOOTENS MICHEL?
What happened at LOOTENS MICHEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,688 (▼ 91% vs 2024). filed late Source: NBB ↗
- New establishment in Wetteren. KBO
- MICHEL LOOTENS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 57,507 loss in 2022 to € 3,688 profit in 2025.
Paid € 11,041 in corporate taxes since 2022.
Best year ever: 2024, with € 41,282 profit.
Management
Behind LOOTENS MICHEL is MICHEL LOOTENS.
Directors
According to the 2025 annual accounts
MICHEL LOOTENS
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 47
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0629.972.537
- VAT number
- BE 0629.972.537
- Registered office
- Brusselsesteenweg 47, 9230 Wetteren
- Names & denominations
- LOOTENS MICHEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 May 2015
- Peppol
- Active · Active since 4 Jan 2026
- Activities · NACE
Metselwerk
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