What does MIKE LUDWIG do?

MIKE LUDWIG is a joiner in Raeren. Private Limited, started on 1 October 2021, 2 establishments.

What is the address of MIKE LUDWIG?

The registered office of MIKE LUDWIG is located at Wiesenweg 7, 4730 Raeren.

Is MIKE LUDWIG still active?

Yes. According to the CBE (30 October 2026) MIKE LUDWIG is active, legal situation “Normale toestand”, started on 1 October 2021.

Is MIKE LUDWIG registered on Peppol?

Yes, MIKE LUDWIG is registered on the Peppol network with ID 0208:0774898554.

What is the enterprise number of MIKE LUDWIG?

The enterprise number of MIKE LUDWIG is BE0774898554.

When was MIKE LUDWIG founded?

MIKE LUDWIG was founded on 1 October 2021.

Who are the directors of MIKE LUDWIG?

According to the 2025 annual accounts, the directors of MIKE LUDWIG are: Kathrin THIELEN, Mike LUDWIG.

Is MIKE LUDWIG a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 October 2021; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did MIKE LUDWIG make in 2025?

MIKE LUDWIG posted a profit after taxes of € 65,097 in financial year 2025.

What is the revenue of MIKE LUDWIG?

As a small company, MIKE LUDWIG is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 158,122.

MIKE LUDWIG (Private Limited) - Raeren - BE0774898554

Dossier MIKE LUDWIG, printed on 30 October 2026 from databakkes.be/en/0774898554/mike-ludwig. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 52 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MIKE LUDWIG from Raeren, company number BE0774898554, closed financial year 2025 with a result of € 65,097 after tax. For that financial year MIKE LUDWIG recorded a gross margin of € 158,122 and equity of € 173,582. Compared with financial year 2024, the result moved from € 15,034 to € 65,097. 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 June 25, 2026.

What it is worth Growing

€ 173,582

▲ 60% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 65,097

▲ € 50,063 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 27,868

▲ 25% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 172,582.

People and assets in 2025

Wage cost

€ 7,216

▼ 80% 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.

Vehicles and equipment

€ 74,308

▼ 37% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 130,730

▼ 19% vs 2024

€ 31,722 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 7,773

▼ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 33,503

▲ 27% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 127,736 Gross margin 2022: € 127,736 First fiscal year in the series	€ 146,941 Gross margin 2023: € 146,941 ▲ 15% vs 2022 (€ 127,736) Favourable step	€ 121,443 Gross margin 2024: € 121,443 ▼ 17% vs 2023 (€ 146,941) Unfavourable step	€ 158,122 Gross margin 2025: € 158,122 ▲ 30% vs 2024 (€ 121,443) Favourable step	▲ 30%
Profit after taxes	€ 66,699 Profit after taxes 2022: € 66,699 First fiscal year in the series	€ 27,352 Profit after taxes 2023: € 27,352 ▼ 59% vs 2022 (€ 66,699) Unfavourable step	€ 15,034 Profit after taxes 2024: € 15,034 ▼ 45% vs 2023 (€ 27,352) Unfavourable step	€ 65,097 Profit after taxes 2025: € 65,097 ▲ € 50,063 vs 2024 (€ 15,034) Favourable step	▲ € 50,063
Equity	€ 66,899 Equity 2022: € 66,899 First fiscal year in the series	€ 93,451 Equity 2023: € 93,451 ▲ 40% vs 2022 (€ 66,899) Favourable step	€ 108,485 Equity 2024: € 108,485 ▲ 16% vs 2023 (€ 93,451) Favourable step	€ 173,582 Equity 2025: € 173,582 ▲ 60% vs 2024 (€ 108,485) Favourable step	▲ 60%
Total debts	€ 76,771 Total debts 2022: € 76,771 First fiscal year in the series	€ 274,957 Total debts 2023: € 274,957 ▲ 258% vs 2022 (€ 76,771) Unfavourable step	€ 260,648 Total debts 2024: € 260,648 ▼ 5% vs 2023 (€ 274,957) Favourable step	€ 240,653 Total debts 2025: € 240,653 ▼ 8% vs 2024 (€ 260,648) Favourable step	▼ 8%
Cash	€ 16,336 Cash 2022: € 16,336 First fiscal year in the series	€ 24,074 Cash 2023: € 24,074 ▲ 47% vs 2022 (€ 16,336) Favourable step	€ 22,348 Cash 2024: € 22,348 ▼ 7% vs 2023 (€ 24,074) Unfavourable step	€ 27,868 Cash 2025: € 27,868 ▲ 25% vs 2024 (€ 22,348) Favourable step	▲ 25%
Land & buildings	-	€ 129,963 Land & buildings 2023: € 129,963 First fiscal year in the series	€ 132,667 Land & buildings 2024: € 132,667 ▲ 2% vs 2023 (€ 129,963) Unchanged	€ 148,323 Land & buildings 2025: € 148,323 ▲ 12% vs 2024 (€ 132,667) Unchanged	▲ 12%
Retained profit	€ 65,899 Retained profit 2022: € 65,899 First fiscal year in the series	€ 92,451 Retained profit 2023: € 92,451 ▲ 40% vs 2022 (€ 65,899) Favourable step	€ 107,485 Retained profit 2024: € 107,485 ▲ 16% vs 2023 (€ 92,451) Favourable step	€ 172,582 Retained profit 2025: € 172,582 ▲ 61% vs 2024 (€ 107,485) Favourable step	▲ 61%
Dividend	€ 800 Dividend 2022: € 800 First fiscal year in the series	€ 800 Dividend 2023: € 800 Unchanged (€ 800) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 800) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 130,000 Bank debt 2023: € 130,000 Unchanged (€ 0) Unfavourable step	€ 160,868 Bank debt 2024: € 160,868 ▲ 24% vs 2023 (€ 130,000) Unfavourable step	€ 130,730 Bank debt 2025: € 130,730 ▼ 19% vs 2024 (€ 160,868) Favourable step	▼ 19%
Balance sheet total	€ 143,670 Balance sheet total 2022: € 143,670 First fiscal year in the series	€ 368,409 Balance sheet total 2023: € 368,409 ▲ 156% vs 2022 (€ 143,670) Unchanged	€ 369,133 Balance sheet total 2024: € 369,133 Unchanged (€ 368,409) Unchanged	€ 414,235 Balance sheet total 2025: € 414,235 ▲ 12% vs 2024 (€ 369,133) Unchanged	▲ 12%

Key figures of MIKE LUDWIG, 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 MIKE LUDWIG?

What happened at MIKE LUDWIG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 25, 2026 New annual accounts for financial year 2025: profit of € 65,097 (▲ € 50,063 vs 2024). Source: NBB ↗
2024 Kathrin THIELEN became a director. NBB
Apr 1, 2024 New establishment in Raeren. KBO
Oct 1, 2021 New establishment in Raeren. KBO
Oct 1, 2021 Start of the company according to the CBE. KBO
2021 Mike LUDWIG became a director. NBB

In short

From € 66,699 profit in 2022 to € 65,097 profit in 2025.

Paid € 62,705 in corporate taxes since 2022.

Best year ever: 2022, with € 66,699 profit.

Paid out € 1,600 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Kathrin THIELEN Mike LUDWIG

MIKE LUDWIG

Behind MIKE LUDWIG are Kathrin THIELEN and Mike LUDWIG.

Directors

According to the 2025 annual accounts

Kathrin THIELEN

Director

since 2024

Mike LUDWIG

Director

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Wiesenweg 7

4730 Raeren

2.358.234.108

Panneschopp 18

4731 Raeren

Active since 1 April 2024

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0774.898.554

VAT number

BE 0774.898.554

Registered office

Wiesenweg 7, 4730 Raeren

Names & denominations

MIKE LUDWIG

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 October 2021

Peppol

Active · Active since 15 Dec 2025

Activities · NACE

Schrijnwerk

Organisatie van congressen en beurzen

Goederenvervoer over de weg

Diverse ondersteunende activiteiten ten behoeve van voorzieningen

Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren

Verhuisactiviteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

MIKE LUDWIG

Warning lights

Financials

What happened to MIKE LUDWIG?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions