Financials
Financial year 2025
Timon Michiels Catering from Koksijde, company number BE0755943467, closed financial year 2025 with a result of € -15,013 after tax. For that financial year Timon Michiels Catering recorded a gross margin of € 11,692 and equity of € 30. Compared with financial year 2024, the result moved from € 11,714 to € -15,013. The company made a loss. The buffer shrank hard: equity is 100 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 30
▼ € 15,013 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,013
▼ still € 11,714 profit in 2024
Profit after tax over the fiscal year.
€ 9,291
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,470.
People and assets in 2025
€ 1,214
▲ 90% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 425,000
Loans from banks and other lenders, long and short.
€ 34,681
▲ 249% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,887
▲ 72% 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 | € -19,007 | € 6,249 | € 21,510 | € 11,692 | ▼ 46% |
| Profit after taxes | € -20,537 | € 3,865 | € 11,714 | € -15,013 | ▼ € 26,727 |
| Equity | € -536 | € 3,329 | € 15,043 | € 30 | ▼ € 15,013 |
| Total debts | € 26,687 | € 22,738 | € 459,262 | € 476,065 | ▲ 4% |
| Cash | € 9,582 | € 2,758 | € 29,876 | € 9,291 | ▼ 69% |
| Retained profit | € -3,036 | € 829 | € 12,543 | € -2,470 | ▼ € 15,013 |
| Bank debt | € 0 | € 0 | € 425,000 | € 425,000 | |
| Balance sheet total | € 26,151 | € 26,067 | € 474,305 | € 476,095 |
Key figures of Timon Michiels Catering, 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 Timon Michiels Catering?
What happened at Timon Michiels Catering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,013 (▼ € 26,727 vs 2024). Source: NBB ↗
- New establishment in Koksijde. KBO
- Timon Michiels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 20,537 loss in 2022 to € 15,013 loss in 2025.
Paid € 12,697 in corporate taxes since 2022.
Best year ever: 2024, with € 11,714 profit.
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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 Timon Michiels Catering is Timon Michiels. It owns 33.3% of Carcasse itself.
Directors
According to the 2025 annual accounts
Timon Michiels
Administrator-manager
since 2020
Establishments
Establishment units
Physical locations of this company
Hofstedeweg(Kok) 1
8670 Koksijde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0755.943.467
- VAT number
- BE 0755.943.467
- Registered office
- Hofstedeweg(Kok) 1, 8670 Koksijde
- Names & denominations
- Timon Michiels Catering
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 2020
- Peppol
- Active · Active since 2 Jul 2025
- Activities · NACE
Catering van evenementen