Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Dr. Van Tornout Michiel from Alken, company number BE0633720992, closed financial year 2025 with a result of € 388,503 after tax. For that financial year Dr. Van Tornout Michiel recorded a gross margin of € 567,947 and equity of € 18,600. Compared with financial year 2024, the result moved from € 368,071 to € 388,503. Profitable, and profit is growing. The buffer shrank hard: equity is 96 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 18,600
▼ 96% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 388,503
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 754,327
▲ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 804,443 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 1,324
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,079
▲ 208% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,396
▼ 3% 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 | € 547,223 | € 531,142 | € 558,260 | € 567,947 | ▲ 2% |
| Profit after taxes | € 346,953 | € 363,456 | € 368,071 | € 388,503 | ▲ 6% |
| Equity | € 103,013 | € 66,469 | € 434,540 | € 18,600 | ▼ 96% |
| Total debts | € 1,675,149 | € 1,785,234 | € 477,080 | € 1,210,903 | ▲ 154% |
| Cash | € 1,405,944 | € 1,551,170 | € 391,801 | € 754,327 | ▲ 93% |
| Land & buildings | € 6,259 | € 5,302 | € 4,344 | € 3,387 | ▼ 22% |
| Retained profit | € 84,413 | € 47,869 | € 415,940 | € 0 | ▼ 100% |
| Dividend | € 300,000 | € 400,000 | € 0 | € 804,443 | |
| Balance sheet total | € 1,778,162 | € 1,851,703 | € 911,620 | € 1,229,503 | ▲ 35% |
Key figures of Dr. Van Tornout Michiel, 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 Dr. Van Tornout Michiel?
What happened at Dr. Van Tornout Michiel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 388,503 (▲ 6% vs 2024). Source: NBB ↗
- New establishment in Alken. KBO
- Start of the company according to the CBE. KBO
- Michiel Van Tornout became a director. NBB
In short
From € 346,953 profit in 2022 to € 388,503 profit in 2025.
Paid € 493,814 in corporate taxes since 2022.
Best year ever: 2025, with € 388,503 profit.
Paid out € 1.5 million in dividends to the owners in total.
Management
Behind Dr. Van Tornout Michiel is Michiel Van Tornout.
Directors
According to the 2025 annual accounts
Michiel Van Tornout
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Hulzenstraat 29
3570 Alken
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
- 0633.720.992
- VAT number
- BE 0633.720.992
- Registered office
- Hulzenstraat 29, 3570 Alken
- Names & denominations
- Dr. Van Tornout Michiel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2015
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
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