Financials
Financial year 2025
VANDOORNE MICHAEL from Langemark-Poelkapelle, company number BE0738822175, closed financial year 2025 with a result of € 69,367 after tax. For that financial year VANDOORNE MICHAEL recorded a gross margin of € 96,553 and equity of € 305,315. Compared with financial year 2024, the result moved from € 49,169 to € 69,367. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.
€ 305,315
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,367
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 256,231
▲ 13% 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 € 303,315.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 30,123
▲ 257% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 268
▼ 92% vs 2024
Loans from banks and other lenders, long and short.
€ 7,252
▲ 176% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,589
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,145 | € 93,230 | € 67,461 | € 96,553 | ▲ 43% |
| Profit after taxes | € 54,786 | € 63,187 | € 49,169 | € 69,367 | ▲ 41% |
| Equity | € 123,592 | € 186,779 | € 235,947 | € 305,315 | ▲ 29% |
| Total debts | € 48,778 | € 61,646 | € 42,224 | € 38,172 | ▼ 10% |
| Cash | € 129,667 | € 195,761 | € 226,180 | € 256,231 | ▲ 13% |
| Retained profit | € 121,592 | € 184,779 | € 233,947 | € 303,315 | ▲ 30% |
| Bank debt | € 9,696 | € 6,601 | € 3,459 | € 268 | ▼ 92% |
| Balance sheet total | € 172,370 | € 248,424 | € 278,172 | € 343,487 | ▲ 23% |
Key figures of VANDOORNE MICHAEL, 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 VANDOORNE MICHAEL?
What happened at VANDOORNE MICHAEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 69,367 (▲ 41% vs 2024). filed late Source: NBB ↗
- New establishment in Langemark-Poelkapelle. KBO
- Michael Vandoorne became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 54,786 profit in 2022 to € 69,367 profit in 2025.
Paid € 67,049 in corporate taxes since 2022.
Best year ever: 2025, with € 69,367 profit.
Management
Behind VANDOORNE MICHAEL is Michael Vandoorne.
Directors
According to the 2025 annual accounts
Michael Vandoorne
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Boezingestraat 45
8920 Langemark-Poelkapelle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0738.822.175
- VAT number
- BE 0738.822.175
- Registered office
- Boezingestraat 45, 8920 Langemark-Poelkapelle
- Names & denominations
- VANDOORNE MICHAEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2019
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Algemene elektrotechnische installatiewerken
Sanitaire werkzaamheden