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 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mich & Paton from Sint-Lambrechts-Woluwe, company number BE0720788192, closed financial year 2025 with a result of € -18,747 after tax. For that financial year Mich & Paton recorded a gross margin of € 18,152 and equity of € -55,026. Compared with financial year 2024, the result moved from € -14,105 to € -18,747. 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 24, 2026.
€ -55,026
▼ € 18,747 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,747
▼ 33 % more loss than in 2024
Profit after tax over the fiscal year.
€ 234
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -85,026.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 30,179
▲ 19% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,085
▲ € 4,606 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,044
▼ 74% vs 2024
Loans from banks and other lenders, long and short.
€ 36,542
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,025
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 38,301 | € 11,630 | € 27,994 | € 18,152 | ▼ 35% |
| Profit after taxes | € -12,291 | € -42,348 | € -14,105 | € -18,747 | ▼ € 4,642 |
| Equity | € 20,174 | € -22,174 | € -36,279 | € -55,026 | ▼ € 18,747 |
| Total debts | € 22,929 | € 72,332 | € 70,970 | € 82,610 | ▲ 16% |
| Cash | - | € 6,023 | € 3,427 | € 234 | ▼ 93% |
| Retained profit | € -9,826 | € -52,174 | € -66,279 | € -85,026 | ▼ € 18,747 |
| Bank debt | € 2,552 | € 4,032 | € 4,032 | € 1,044 | ▼ 74% |
| Balance sheet total | € 43,103 | € 50,158 | € 34,691 | € 27,585 | ▼ 20% |
Key figures of Mich & Paton, 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 Mich & Paton?
What happened at Mich & Paton in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,747. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Lambrechts-Woluwe. KBO
In short
From € 12,291 loss in 2022 to € 18,747 loss in 2025.
Paid € 1,213 in corporate taxes since 2022.
Management
Behind Mich & Paton is Ayoub Fennane.
Directors
According to the 2025 annual accounts
Ayoub Fennane
Administrateur
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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- FENNANE Ayoub(oprichter) 80%
- JEANS Douglas Edwin Donald(oprichter) 20%
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.