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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Mich & Paton from Sint-Lambrechts-Woluwe, company number BE0720788192, closed financial year 2024 with a result of € -14,105 after tax. For that financial year Mich & Paton recorded a gross margin of € 27,994 and equity of € -36,279. Compared with financial year 2023, the result moved from € -42,348 to € -14,105. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ -36,279
▼ € 14,105 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,105
▲ 67 % less loss than in 2023
Profit after tax over the fiscal year.
€ 3,427
▼ 43% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -66,279.
People and assets in 2024
€ 25,290
▼ 40% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 479
▼ 92% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 4,032
Loans from banks and other lenders, long and short.
€ 47,675
▼ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 19,263
▼ 2% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 363,202 | - | - | - | |
| Gross margin | € 31,783 | € 38,301 | € 11,630 | € 27,994 | ▲ 141% |
| Profit after taxes | € 10,490 | € -12,291 | € -42,348 | € -14,105 | ▲ € 28,243 |
| Equity | € 32,465 | € 20,174 | € -22,174 | € -36,279 | ▼ € 14,105 |
| Total debts | € 16,924 | € 22,929 | € 72,332 | € 70,970 | ▼ 2% |
| Cash | € 3,072 | - | € 6,023 | € 3,427 | ▼ 43% |
| Retained profit | € 2,465 | € -9,826 | € -52,174 | € -66,279 | ▼ € 14,105 |
| Bank debt | € 0 | € 2,552 | € 4,032 | € 4,032 | |
| Balance sheet total | € 49,389 | € 43,103 | € 50,158 | € 34,691 | ▼ 31% |
Key figures of Mich & Paton, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Mich & Paton?
What happened at Mich & Paton in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Brussel. KBO
- New annual accounts for financial year 2024: loss of € 14,105. filed late Source: NBB ↗
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,490 profit in 2021 to € 14,105 loss in 2024.
Paid € 1,213 in corporate taxes since 2021.
Best year ever: 2021, with € 10,490 profit.
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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
Establishments
Establishment units
Physical locations of this company
Georges Henrilaan 265
1200 Sint-Lambrechts-Woluwe
Sint-Goriksplein 1
1000 Brussel
Active since 24 June 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0720.788.192
- VAT number
- BE 0720.788.192
- Registered office
- Georges Henrilaan 265, 1200 Sint-Lambrechts-Woluwe
- Names & denominations
- Mich & Paton
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2019
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Overige detailhandel in voedingsmiddelen, neg
Detailhandel in wijnen en geestrijke dranken
Detailhandel in groenten en fruit
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.