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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Dr. Bultheel Michaël from Kortrijk, company number BE0742697524, closed financial year 2025 with a result of € 476,506 after tax. For that financial year Dr. Bultheel Michaël recorded a gross margin of € 646,770 and equity of € 606,997. Compared with financial year 2024, the result moved from € 545,862 to € 476,506. The company is profitable. 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 June 17, 2026.
€ 606,997
▲ 137% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 476,506
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 340,570
▲ € 285,122 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 126,000 paid out
26 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 36,905
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,097
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,816
▼ 33% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 346,048 | € 432,827 | € 541,919 | € 646,770 | ▲ 19% |
| Profit after taxes | € 266,881 | € 303,325 | € 545,862 | € 476,506 | ▼ 13% |
| Equity | € 657,304 | € 960,629 | € 256,491 | € 606,997 | ▲ 137% |
| Total debts | € 139,332 | € 145,624 | € 393,676 | € 434,099 | ▲ 10% |
| Cash | € 31,057 | € 140,775 | € 55,448 | € 340,570 | ▲ € 285,122 |
| Retained profit | € 651,304 | € 954,629 | € 250,491 | € 600,997 | ▲ 140% |
| Dividend | € 0 | € 0 | € 1,250,000 | € 126,000 | ▼ 90% |
| Balance sheet total | € 796,636 | € 1,106,253 | € 650,167 | € 1,041,096 | ▲ 60% |
Key figures of Dr. Bultheel Michaël, 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 Dr. Bultheel Michaël?
What happened at Dr. Bultheel Michaël in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 476,506 (▼ 13% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 266,881 profit in 2022 to € 476,506 profit in 2025.
Paid € 478,378 in corporate taxes since 2022.
Best year ever: 2024, with € 545,862 profit.
Paid out € 1.4 million in dividends to the owners in total.
A new publication or filing at Dr. Bultheel Michaël? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Dr. Bultheel Michaël is Michaël Bultheel.
Directors
According to the 2025 annual accounts
Michaël Bultheel
Director
Establishments
Establishment units
Physical locations of this company
Bellegemsestraat(Bel) 84
8510 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0742.697.524
- VAT number
- BE 0742.697.524
- Registered office
- Bellegemsestraat(Bel) 84, 8510 Kortrijk
- Names & denominations
- Dr. Bultheel Michaël
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2020
- Peppol
- Not registered
- Activities · NACE
Activiteiten van medisch specialisten
Overige zakelijke dienstverlening, neg