Financials
Financial year 2025
MORFOISSE MICHEL from Pepinster, company number BE0726984316, closed financial year 2025 with a result of € 143,685 after tax. For that financial year MORFOISSE MICHEL recorded a gross margin of € 190,407 and equity of € 104,554. Compared with financial year 2024, the result moved from € 58,382 to € 143,685. Profitable, and profit is growing. 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 October 20, 2026.
€ 104,554
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 143,685
▲ 146% vs 2024
Profit after tax over the fiscal year.
€ 147,413
▲ 135% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 4,424
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 17,111
▼ 57% vs 2024
€ 15,771 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 4,132
▲ € 3,282 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,300
▲ € 25,357 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 | € 136,861 | € 194,646 | € 141,202 | € 190,407 | ▲ 35% |
| Profit after taxes | € 48,353 | € 56,058 | € 58,382 | € 143,685 | ▲ 146% |
| Equity | € 188,428 | € 52,486 | € 110,869 | € 104,554 | ▼ 6% |
| Total debts | € 112,409 | € 130,721 | € 63,290 | € 168,874 | ▲ 167% |
| Cash | € 149,106 | € 76,526 | € 62,754 | € 147,413 | ▲ 135% |
| Retained profit | € 183,928 | € 47,986 | € 106,369 | € 100,054 | ▼ 6% |
| Dividend | € 45,000 | € 192,000 | € 0 | € 150,000 | |
| Bank debt | € 80,591 | € 87,498 | € 39,904 | € 17,111 | ▼ 57% |
| Balance sheet total | € 300,837 | € 183,207 | € 174,159 | € 273,428 | ▲ 57% |
Key figures of MORFOISSE MICHEL, 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 MORFOISSE MICHEL?
What happened at MORFOISSE MICHEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 143,685 (▲ 146% vs 2024). filed late Source: NBB ↗
- New establishment in Aubel. KBO
- New establishment in Verviers. KBO
- New establishment in Neupré. KBO
- Marion Morfoisse became a director. NBB
- Thomas Michel became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 48,353 profit in 2022 to € 143,685 profit in 2025.
Paid € 55,735 in corporate taxes since 2022.
Best year ever: 2025, with € 143,685 profit.
Paid out € 387,000 in dividends to the owners in total.
Management
Behind MORFOISSE MICHEL are Marion Morfoisse and Thomas Michel. The same people are also behind PluriSmile.
Directors
According to the 2025 annual accounts
since 2019
since 2019
Establishments
Establishment units
Physical locations of this company
Grettouheid 96B
4860 Pepinster
Grand Place 57
4800 Verviers
Active since 21 May 2019
Tige Manchère(RR) 20
4120 Neupré
Active since 21 May 2019
Rue Tisman 17
4880 Aubel
Active since 1 September 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0726.984.316
- VAT number
- BE 0726.984.316
- Registered office
- Grettouheid 96B, 4860 Pepinster
- Names & denominations
- MORFOISSE MICHEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 2019
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Activiteiten van tandartspraktijken