Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Tuinen Michael from Deinze, company number BE0763531837, closed financial year 2025 with a result of € 23,097 after tax. For that financial year Tuinen Michael recorded a gross margin of € 49,170 and equity of € 40,578. Compared with financial year 2024, the result moved from € -12,757 to € 23,097. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 23, 2026.
€ 40,578
▲ 132% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,097
▲ still € 12,757 loss in 2024
Profit after tax over the fiscal year.
€ 1,125
▼ 77% 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 € 20,578.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7,463
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 54,689
▼ 10% vs 2024
€ 4,689 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 25,930
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,110
▲ € 7,625 vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,342 | € 29,531 | € 10,285 | € 49,170 | ▲ € 38,885 |
| Profit after taxes | € 1,169 | € 9,069 | € -12,757 | € 23,097 | ▲ € 35,854 |
| Equity | € 21,169 | € 30,238 | € 17,481 | € 40,578 | ▲ 132% |
| Total debts | € 64,610 | € 85,452 | € 138,288 | € 148,355 | ▲ 7% |
| Cash | € 1,479 | € 2,048 | € 4,894 | € 1,125 | ▼ 77% |
| Land & buildings | - | € 383 | € 0 | € 75,000 | |
| Retained profit | € 1,169 | € 10,238 | € -2,519 | € 20,578 | ▲ € 23,097 |
| Bank debt | € 22,772 | € 16,862 | € 60,834 | € 54,689 | ▼ 10% |
| Balance sheet total | € 85,778 | € 115,689 | € 155,769 | € 188,933 | ▲ 21% |
Key figures of Tuinen 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 30 January 2027.
What happened to Tuinen Michael?
What happened at Tuinen 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 € 23,097. filed late Source: NBB ↗
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,169 profit in 2022 to € 23,097 profit in 2025.
Paid € 3,278 in corporate taxes since 2022.
Best year ever: 2025, with € 23,097 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 Tuinen Michael is Michaël Bultinck.
Directors
According to the 2025 annual accounts
Michaël Bultinck
Director
Establishments
Establishment units
Physical locations of this company
Bredestraat 71
9800 Deinze
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0763.531.837
- VAT number
- BE 0763.531.837
- Registered office
- Bredestraat 71, 9800 Deinze
- Names & denominations
- Tuinen Michael
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 2021
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Landschapsverzorging