Financials
Financial year 2025
MICHVER from Knokke-Heist, company number BE0647662664, closed financial year 2025 with a result of € 102,882 after tax. For that financial year MICHVER recorded a gross margin of € 18,773 and equity of € 170,233. Compared with financial year 2024, the result moved from € 19,359 to € 102,882. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 170,233
▲ 91% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 102,882
▲ € 83,522 vs 2024
Profit after tax over the fiscal year.
€ 141,381
▲ 197% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 21,600 paid out
21 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 169,093
▼ 21% vs 2024
€ 49,605 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 433
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,006
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 | € 18,657 | € 26,654 | € 25,476 | € 18,773 | ▼ 26% |
| Profit after taxes | € 183,409 | € 208,867 | € 19,359 | € 102,882 | ▲ € 83,522 |
| Equity | € 238,163 | € 104,276 | € 88,951 | € 170,233 | ▲ 91% |
| Total debts | € 140,802 | € 112,589 | € 218,633 | € 173,327 | ▼ 21% |
| Cash | € 352,831 | € 158,889 | € 47,648 | € 141,381 | ▲ 197% |
| Retained profit | € 218,163 | € 84,276 | € 68,951 | € 150,233 | ▲ 118% |
| Dividend | € 23,297 | € 342,754 | € 34,684 | € 21,600 | ▼ 38% |
| Bank debt | € 132,346 | € 108,985 | € 212,938 | € 169,093 | ▼ 21% |
| Balance sheet total | € 378,966 | € 216,865 | € 307,585 | € 343,560 | ▲ 12% |
Key figures of MICHVER, 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 MICHVER?
What happened at MICHVER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 102,882 (▲ € 83,522 vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 183,409 profit in 2022 to € 102,882 profit in 2025.
Paid € 16,994 in corporate taxes since 2022.
Best year ever: 2023, with € 208,867 profit.
Paid out € 422,336 in dividends to the owners in total.
Management
Behind MICHVER is Mattijs Michils.
Directors
According to the 2025 annual accounts
Mattijs Michils
Director
Establishments
Establishment units
Physical locations of this company
Esdoornstraat 48
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0647.662.664
- VAT number
- BE 0647.662.664
- Registered office
- Esdoornstraat 48, 8300 Knokke-Heist
- Names & denominations
- MICHVER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 2016
- Peppol
- Active · Active since 25 Feb 2026
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