Financials
Financial year 2025
CMD MICHEL from Binche, company number BE0778234166, closed financial year 2025 with a result of € 63,668 after tax. For that financial year CMD MICHEL recorded a gross margin of € 231,219 and equity of € 9,000. Compared with financial year 2024, the result moved from € 43,862 to € 63,668. Profitable, and profit is growing. The buffer shrank hard: equity is 93 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 9,000
▼ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,668
▲ 45% vs 2024
Profit after tax over the fiscal year.
€ 124,413
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 185,113 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 55,474
▼ 14% 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.
€ 5,772
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 229,212
▼ 19% vs 2024
€ 54,501 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 6,264
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,315
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 239,537 | € 228,223 | € 250,072 | € 231,219 | ▼ 8% |
| Profit after taxes | € 51,966 | € 31,586 | € 43,862 | € 63,668 | ▲ 45% |
| Equity | € 54,466 | € 86,052 | € 130,445 | € 9,000 | ▼ 93% |
| Total debts | € 506,845 | € 416,900 | € 313,716 | € 349,026 | ▲ 11% |
| Cash | € 30,502 | € 41,366 | € 100,347 | € 124,413 | ▲ 24% |
| Land & buildings | € 89,942 | € 67,456 | € 44,971 | € 22,485 | ▼ 50% |
| Retained profit | € 51,966 | € 83,552 | € 127,945 | € 6,500 | ▼ 95% |
| Dividend | € 0 | € 0 | € 0 | € 185,113 | |
| Bank debt | € 292,390 | € 335,032 | € 282,390 | € 229,212 | ▼ 19% |
| Balance sheet total | € 561,312 | € 502,952 | € 444,161 | € 358,026 | ▼ 19% |
Key figures of CMD MICHEL, 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 CMD MICHEL?
What happened at CMD MICHEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,668 (▲ 45% vs 2024). Source: NBB ↗
- New establishment in Binche. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,966 profit in 2022 to € 63,668 profit in 2025.
Paid € 47,249 in corporate taxes since 2022.
Best year ever: 2025, with € 63,668 profit.
Paid out € 185,113 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
CORINNE MICHEL
Director
Establishments
Establishment units
Physical locations of this company
Grand Place(BIN) 42
7130 Binche
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.234.166
- VAT number
- BE 0778.234.166
- Registered office
- Grand Place(BIN) 42, 7130 Binche
- Names & denominations
- CMD MICHEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 2021
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
Activiteiten van tandartspraktijken