Financials
Financial year 2025
MICHIEL OSTYN from Zonnebeke, company number BE0737433590, closed financial year 2025 with a result of € 10,153 after tax. For that financial year MICHIEL OSTYN recorded a gross margin of € 90,402 and equity of € 69,707. Compared with financial year 2024, the result moved from € 44,794 to € 10,153. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 69,707
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,153
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 12,096
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 57,707.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 52,331
▲ 11% 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.
€ 4,063
▼ 64% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 116,908
€ 6,374 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 223
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,826
▼ 73% 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 | € 52,649 | € 24,254 | € 118,852 | € 90,402 | ▼ 24% |
| Profit after taxes | € -6,068 | € -22,934 | € 44,794 | € 10,153 | ▼ 77% |
| Equity | € 37,694 | € 14,760 | € 59,554 | € 69,707 | ▲ 17% |
| Total debts | € 51,801 | € 65,923 | € 75,553 | € 207,228 | ▲ 174% |
| Cash | - | € 14,234 | € 70,147 | € 12,096 | ▼ 83% |
| Land & buildings | € 382 | € 336 | € 291 | € 162,884 | ▲ € 162,593 |
| Retained profit | € 25,694 | € 2,760 | € 47,554 | € 57,707 | ▲ 21% |
| Bank debt | € 1,333 | € 0 | € 0 | € 116,908 | |
| Balance sheet total | € 89,495 | € 80,683 | € 135,107 | € 276,936 | ▲ 105% |
Key figures of MICHIEL OSTYN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MICHIEL OSTYN?
What happened at MICHIEL OSTYN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,153 (▼ 77% vs 2024). Source: NBB ↗
- New establishment in Zonnebeke. KBO
- New establishment in Zonnebeke. KBO
- Michiel Ostyn became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,068 loss in 2022 to € 10,153 profit in 2025.
Paid € 14,112 in corporate taxes since 2022.
Best year ever: 2024, with € 44,794 profit.
Management
Behind MICHIEL OSTYN is Michiel Ostyn.
Directors
According to the 2025 annual accounts
Michiel Ostyn
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Schipstraat 9
8980 Zonnebeke
Guido Gezellelaan 1 box B
8980 Zonnebeke
Active since 5 November 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
- 0737.433.590
- VAT number
- BE 0737.433.590
- Registered office
- Schipstraat 9, 8980 Zonnebeke
- Names & denominations
- MICHIEL OSTYN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2019
- Peppol
- Active · Active since 26 Sept 2025
- Activities · NACE
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Metselwerk
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