What does Michiel Desimpelaere do?

Michiel Desimpelaere is a heating and ventilation installer in Moorslede. Private Limited, started on 9 April 2019, 1 establishment.

What is the address of Michiel Desimpelaere?

The registered office of Michiel Desimpelaere is located at Briekhoekstraat 16, 8890 Moorslede.

Is Michiel Desimpelaere still active?

Yes. According to the CBE (31 October 2026) Michiel Desimpelaere is active, legal situation “Normale toestand”, started on 9 April 2019.

Is Michiel Desimpelaere registered on Peppol?

Yes, Michiel Desimpelaere is registered on the Peppol network with ID 0208:0724729065.

What is the enterprise number of Michiel Desimpelaere?

The enterprise number of Michiel Desimpelaere is BE0724729065.

When was Michiel Desimpelaere founded?

Michiel Desimpelaere was founded on 9 April 2019.

Who are the directors of Michiel Desimpelaere?

According to the 2025 annual accounts, the directors of Michiel Desimpelaere are: Michiel Desimpelaere.

Is Michiel Desimpelaere a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 April 2019; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Michiel Desimpelaere make in 2025?

Michiel Desimpelaere posted a profit after taxes of € 101,899 in financial year 2025.

What is the revenue of Michiel Desimpelaere?

As a small company, Michiel Desimpelaere is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 244,386.

How many employees does Michiel Desimpelaere have?

According to the 2025 annual accounts, Michiel Desimpelaere has 0.3 full-time equivalents (FTE).

Michiel Desimpelaere (Private Limited) - Moorslede

Dossier Michiel Desimpelaere, printed on 31 October 2026 from databakkes.be/en/0724729065/michiel-desimpelaere. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Michiel Desimpelaere from Moorslede, company number BE0724729065, closed financial year 2025 with a result of € 101,899 after tax. For that financial year Michiel Desimpelaere recorded a gross margin of € 244,386 and equity of € 37,659. Compared with financial year 2024, the result moved from € 348,042 to € 101,899. The company is profitable. The buffer shrank hard: equity is 92 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 11, 2026.

What it is worth Shrank hard

€ 37,659

▼ 92% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 101,899

▼ 71% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 182,048

▼ 42% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 536,270 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

0.3

▲ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 11,112

▲ 45% 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.

Vehicles and equipment

€ 134,196

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 536,146

▼ 13% vs 2024

€ 46,741 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 77,855

▲ 18% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 512

▼ 63% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 151,278 Gross margin 2022: € 151,278 First fiscal year in the series	€ 239,566 Gross margin 2023: € 239,566 ▲ 58% vs 2022 (€ 151,278) Favourable step	€ 610,126 Gross margin 2024: € 610,126 ▲ 155% vs 2023 (€ 239,566) Favourable step	€ 244,386 Gross margin 2025: € 244,386 ▼ 60% vs 2024 (€ 610,126) Unfavourable step	▼ 60%
Profit after taxes	€ 87,445 Profit after taxes 2022: € 87,445 First fiscal year in the series	€ 136,900 Profit after taxes 2023: € 136,900 ▲ 57% vs 2022 (€ 87,445) Favourable step	€ 348,042 Profit after taxes 2024: € 348,042 ▲ 154% vs 2023 (€ 136,900) Favourable step	€ 101,899 Profit after taxes 2025: € 101,899 ▼ 71% vs 2024 (€ 348,042) Unfavourable step	▼ 71%
Equity	€ 218,687 Equity 2022: € 218,687 First fiscal year in the series	€ 353,987 Equity 2023: € 353,987 ▲ 62% vs 2022 (€ 218,687) Favourable step	€ 472,029 Equity 2024: € 472,029 ▲ 33% vs 2023 (€ 353,987) Favourable step	€ 37,659 Equity 2025: € 37,659 ▼ 92% vs 2024 (€ 472,029) Unfavourable step	▼ 92%
Total debts	€ 866,188 Total debts 2022: € 866,188 First fiscal year in the series	€ 919,160 Total debts 2023: € 919,160 ▲ 6% vs 2022 (€ 866,188) Unfavourable step	€ 1,022,001 Total debts 2024: € 1,022,001 ▲ 11% vs 2023 (€ 919,160) Unfavourable step	€ 1,150,660 Total debts 2025: € 1,150,660 ▲ 13% vs 2024 (€ 1,022,001) Unfavourable step	▲ 13%
Cash	€ 207,190 Cash 2022: € 207,190 First fiscal year in the series	€ 37,285 Cash 2023: € 37,285 ▼ 82% vs 2022 (€ 207,190) Unfavourable step	€ 313,814 Cash 2024: € 313,814 ▲ € 276,529 vs 2023 (€ 37,285) Favourable step	€ 182,048 Cash 2025: € 182,048 ▼ 42% vs 2024 (€ 313,814) Unfavourable step	▼ 42%
Land & buildings	€ 694,917 Land & buildings 2022: € 694,917 First fiscal year in the series	€ 669,753 Land & buildings 2023: € 669,753 ▼ 4% vs 2022 (€ 694,917) Unchanged	€ 632,007 Land & buildings 2024: € 632,007 ▼ 6% vs 2023 (€ 669,753) Unchanged	€ 606,844 Land & buildings 2025: € 606,844 ▼ 4% vs 2024 (€ 632,007) Unchanged	▼ 4%
Retained profit	€ 200,087 Retained profit 2022: € 200,087 First fiscal year in the series	€ 335,387 Retained profit 2023: € 335,387 ▲ 68% vs 2022 (€ 200,087) Favourable step	€ 453,429 Retained profit 2024: € 453,429 ▲ 35% vs 2023 (€ 335,387) Favourable step	€ 19,059 Retained profit 2025: € 19,059 ▼ 96% vs 2024 (€ 453,429) Unfavourable step	▼ 96%
Dividend	€ 1,600 Dividend 2022: € 1,600 First fiscal year in the series	€ 1,600 Dividend 2023: € 1,600 Unchanged (€ 1,600) Unchanged	€ 230,000 Dividend 2024: € 230,000 ▲ € 228,400 vs 2023 (€ 1,600) Unchanged	€ 536,270 Dividend 2025: € 536,270 ▲ 133% vs 2024 (€ 230,000) Unchanged	▲ 133%
Bank debt	€ 700,890 Bank debt 2022: € 700,890 First fiscal year in the series	€ 699,294 Bank debt 2023: € 699,294 Unchanged (€ 700,890) Favourable step	€ 615,360 Bank debt 2024: € 615,360 ▼ 12% vs 2023 (€ 699,294) Favourable step	€ 536,146 Bank debt 2025: € 536,146 ▼ 13% vs 2024 (€ 615,360) Favourable step	▼ 13%
Balance sheet total	€ 1,084,875 Balance sheet total 2022: € 1,084,875 First fiscal year in the series	€ 1,273,147 Balance sheet total 2023: € 1,273,147 ▲ 17% vs 2022 (€ 1,084,875) Unchanged	€ 1,494,030 Balance sheet total 2024: € 1,494,030 ▲ 17% vs 2023 (€ 1,273,147) Unchanged	€ 1,188,318 Balance sheet total 2025: € 1,188,318 ▼ 20% vs 2024 (€ 1,494,030) Unchanged	▼ 20%
Employees (FTE)	-	-	0.1 Employees (FTE) 2024: 0.1 First fiscal year in the series	0.3 Employees (FTE) 2025: 0.3 ▲ 0.2 vs 2024 (0.1) Unchanged	▲ 0.2

Key figures of Michiel Desimpelaere, 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 Michiel Desimpelaere?

What happened at Michiel Desimpelaere in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 11, 2026 New annual accounts for financial year 2025: profit of € 101,899 (▼ 71% vs 2024). Source: NBB ↗
Apr 9, 2019 New establishment in Moorslede. KBO
Apr 9, 2019 Start of the company according to the CBE. KBO

In short

From € 87,445 profit in 2022 to € 101,899 profit in 2025.

Paid € 187,694 in corporate taxes since 2022.

Best year ever: 2024, with € 348,042 profit.

Paid out € 769,470 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Michiel Desimpelaere

Behind Michiel Desimpelaere is Michiel Desimpelaere.

Directors

According to the 2025 annual accounts

Michiel Desimpelaere

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Briekhoekstraat 16

8890 Moorslede

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0724.729.065

VAT number

BE 0724.729.065

Registered office

Briekhoekstraat 16, 8890 Moorslede

Names & denominations

Michiel Desimpelaere

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 April 2019

Peppol

Active · Active since 31 Oct 2023

Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Algemene elektrotechnische installatiewerken

Overige bouwinstallatie

Sanitaire werkzaamheden

Overige bouwinstallatie, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

Michiel Desimpelaere

Warning lights

Financials

What happened to Michiel Desimpelaere?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions