Financials
Financial year 2025
MIBALDO from Wortegem-Petegem, company number BE0693946017, closed financial year 2025 with a result of € 27,812 after tax. For that financial year MIBALDO recorded a gross margin of € 56,555 and equity of € 254,896. Compared with financial year 2024, the result moved from € 57,538 to € 27,812. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 18, 2026.
€ 254,896
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,812
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 6,828
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 60,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 106,315
▼ 32% vs 2024
€ 8,057 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 13,262
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,341
▲ € 23,196 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 | € 166,807 | € 103,805 | € 92,644 | € 56,555 | ▼ 39% |
| Profit after taxes | € 118,045 | € 64,990 | € 57,538 | € 27,812 | ▼ 52% |
| Equity | € 288,379 | € 294,546 | € 287,084 | € 254,896 | ▼ 11% |
| Total debts | € 247,271 | € 206,800 | € 191,356 | € 324,147 | ▲ 69% |
| Cash | € 37,746 | € 41,237 | € 227,021 | € 6,828 | ▼ 97% |
| Land & buildings | € 129,417 | € 120,275 | € 112,047 | € 110,488 | ▼ 1% |
| Retained profit | € 269,779 | € 275,946 | € 268,484 | € 236,296 | ▼ 12% |
| Dividend | € 90,000 | € 58,824 | € 65,000 | € 60,000 | ▼ 8% |
| Bank debt | € 169,891 | € 161,232 | € 155,316 | € 106,315 | ▼ 32% |
| Balance sheet total | € 535,651 | € 501,346 | € 478,440 | € 579,042 | ▲ 21% |
Key figures of MIBALDO, 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 MIBALDO?
What happened at MIBALDO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,812 (▼ 52% vs 2024). Source: NBB ↗
- New establishment in Wortegem-Petegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 118,045 profit in 2022 to € 27,812 profit in 2025.
Paid € 82,883 in corporate taxes since 2022.
Best year ever: 2022, with € 118,045 profit.
Paid out € 273,824 in dividends to the owners in total.
Management
Behind MIBALDO is Michaël Dossche. Michaël Dossche is also behind TIS, Vellenbewerking P.D.S., BERNARD DOSSCHE EN C, GRAPHICOMP and DE BREE SOLUTIONS.
Directors
According to the 2025 annual accounts
Michaël Dossche
Director
Also active at: TIS, Vellenbewerking P.D.S., BERNARD DOSSCHE EN C, GRAPHICOMP, DE BREE SOLUTIONS, COOLS VEEGWERKEN, WERBROUCK DESMEDT, LOYD +18 more
Establishments
Establishment units
Physical locations of this company
Kasteelstraat (W.) 12
9790 Wortegem-Petegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0693.946.017
- VAT number
- BE 0693.946.017
- Registered office
- Kasteelstraat (W.) 12, 9790 Wortegem-Petegem
- Names & denominations
- MIBALDO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2018
- Peppol
- Active · Active since 5 Mar 2025
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