Financials
Financial year 2025
MICHAEL VANDERHAEGHE from Ieper, company number BE0687516501, closed financial year 2025 with a result of € -2,827 after tax. For that financial year MICHAEL VANDERHAEGHE recorded a gross margin of € 22,422 and equity of € 28,843. Compared with financial year 2024, the result moved from € 4,686 to € -2,827. 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 July 29, 2026.
€ 28,843
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,827
▼ still € 4,686 profit in 2024
Profit after tax over the fiscal year.
€ 9,308
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10,293.
People and assets in 2025
€ 3,046
▼ 72% vs 2024
Of which on lease € 3,046.
Debts at end 2025
€ 79,727
▼ 17% vs 2024
€ 11,879 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1,368
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,625
▼ 33% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 62,483 | € 42,817 | € 35,475 | € 22,422 | ▼ 37% |
| Profit after taxes | € 5,838 | € 5,224 | € 4,686 | € -2,827 | ▼ € 7,513 |
| Equity | € 19,275 | € 27,816 | € 31,670 | € 28,843 | ▼ 9% |
| Total debts | € 75,796 | € 136,758 | € 142,089 | € 116,221 | ▼ 18% |
| Cash | € 49,358 | € 27,531 | € 23,595 | € 9,308 | ▼ 61% |
| Retained profit | € 6,875 | € 9,266 | € 13,120 | € 10,293 | ▼ 22% |
| Dividend | € 29,415 | € 2,833 | € 833 | € 0 | ▼ 100% |
| Bank debt | € 24,922 | € 100,536 | € 96,239 | € 79,727 | ▼ 17% |
| Balance sheet total | € 95,071 | € 164,575 | € 173,758 | € 145,064 | ▼ 17% |
Key figures of MICHAEL VANDERHAEGHE, 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 MICHAEL VANDERHAEGHE?
What happened at MICHAEL VANDERHAEGHE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,827 (▼ € 7,513 vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,838 profit in 2022 to € 2,827 loss in 2025.
Paid € 5,539 in corporate taxes since 2022.
Best year ever: 2022, with € 5,838 profit.
Paid out € 33,081 in dividends to the owners in total.
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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 MICHAEL VANDERHAEGHE are Michael Vanderhaeghe and Marieke Vereecke.
Directors
According to the 2025 annual accounts
Michael Vanderhaeghe
Statutaire Bestuurder
Marieke Vereecke
Director
Establishments
Establishment units
Physical locations of this company
Veurnseweg 532
8906 Ieper
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
- 0687.516.501
- VAT number
- BE 0687.516.501
- Registered office
- Veurnseweg 532, 8906 Ieper
- Names & denominations
- MICHAEL VANDERHAEGHE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2018
- Peppol
- Active · Active since 12 Feb 2025
- Activities · NACE
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