Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Michel & Marieke from Lennik, company number BE0779298889, closed financial year 2025 with a result of € 12,342 after tax. For that financial year Michel & Marieke recorded a gross margin of € 35,813 and equity of € -15,930. Compared with financial year 2024, the result moved from € -11,046 to € 12,342. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 16, 2026.
€ -15,930
▲ € 12,342 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,342
▲ still € 11,046 loss in 2024
Profit after tax over the fiscal year.
€ 4,710
▼ 4% 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 € -20,930.
People and assets in 2025
€ 1,601
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 530,927
▼ 4% vs 2024
€ 22,642 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 2,816
▲ 119% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 23,262 | € 27,278 | € 35,813 | ▲ 31% |
| Profit after taxes | € -22,227 | € -11,046 | € 12,342 | ▲ € 23,388 |
| Equity | € -17,227 | € -28,272 | € -15,930 | ▲ € 12,342 |
| Total debts | € 595,475 | € 579,424 | € 548,582 | ▼ 5% |
| Cash | € 11,675 | € 4,890 | € 4,710 | ▼ 4% |
| Land & buildings | € 545,870 | € 532,699 | € 520,375 | ▼ 2% |
| Retained profit | € -22,227 | € -33,272 | € -20,930 | ▲ € 12,342 |
| Bank debt | € 565,973 | € 555,901 | € 530,927 | ▼ 4% |
| Balance sheet total | € 578,249 | € 551,152 | € 532,652 | ▼ 3% |
Key figures of Michel & Marieke, fiscal years 2023 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 Michel & Marieke?
What happened at Michel & Marieke in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,342. Source: NBB ↗
- New establishment in Lennik. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,227 loss in 2023 to € 12,342 profit in 2025.
Paid € 1,011 in corporate taxes since 2023.
Best year ever: 2025, with € 12,342 profit.
Management
The stake of TER VONDELEN INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Michel & MariekeBehind Michel & Marieke is Ruben Vanheste. The shares are held by TER VONDELEN INVEST (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Alfred Algoetstraat 8 box 2
1750 Lennik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0779.298.889
- VAT number
- BE 0779.298.889
- Registered office
- Alfred Algoetstraat 8 bus 2, 1750 Lennik
- Names & denominations
- Michel & Marieke
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2021
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen