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 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Vanhauwaert Michael from Kortrijk, company number BE0780798629, closed financial year 2025 with a result of € -39,225 after tax. For that financial year Vanhauwaert Michael recorded a gross margin of € 4,592 and equity of € 257,924. Compared with financial year 2024, the result moved from € 237,486 to € -39,225. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 257,924
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,225
▼ still € 237,486 profit in 2024
Profit after tax over the fiscal year.
€ 70,833
▲ € 57,365 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 256,924.
Debts at end 2025
€ 522,217
▲ 72% vs 2024
€ 63,423 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1,353
▲ 122% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,411
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 8,823 | € 4,592 | ▼ 48% |
| Profit after taxes | € 237,486 | € -39,225 | ▼ € 276,711 |
| Equity | € 297,149 | € 257,924 | ▼ 13% |
| Total debts | € 329,693 | € 783,949 | ▲ 138% |
| Cash | € 13,468 | € 70,833 | ▲ € 57,365 |
| Land & buildings | - | € 269,566 | |
| Retained profit | € 296,149 | € 256,924 | ▼ 13% |
| Dividend | € 833 | € 0 | ▼ 100% |
| Bank debt | € 303,858 | € 522,217 | ▲ 72% |
| Balance sheet total | € 626,841 | € 1,041,873 | ▲ 66% |
By gross margin, Vanhauwaert Michael ranks 66th of 67 companies with main activity “Detailhandel in vis en schaal- en weekdieren” in West Flanders that publish figures (fiscal year 2025).
Key figures of Vanhauwaert Michael, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about Vanhauwaert Michael the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to Vanhauwaert Michael?
What happened at Vanhauwaert Michael in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,225 (▼ € 276,711 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Kortrijk. KBO
In short
From € 237,486 profit in 2024 to € 39,225 loss in 2025.
Paid € 1,958 in corporate taxes since 2024.
Best year ever: 2024, with € 237,486 profit.
Paid out € 833 in dividends to the owners in total.
Management
Behind Vanhauwaert Michael is Michael Vanhauwaert. Michael Vanhauwaert is also behind VISCENTRALE FIERET HARELBEKE.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rijsland(Heu) 6
8501 Kortrijk
Victor Desmetstraat(Mar) 2
8510 Kortrijk
Active since 24 January 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Similar companies in West Flanders
Same main activity (Detailhandel in vis en schaal- en weekdieren), 89 active companies in West Flanders, largest first.
€ 1.3 million gross margin · 2024 · Blankenberge
€ 1.3 million gross margin · 2025 · Nieuwpoort
€ 1.2 million gross margin · 2025 · Koksijde
€ 1 million gross margin · 2025 · Harelbeke
€ 844,512 gross margin · 2025 · Jabbeke
€ 777,854 gross margin · 2025 · Nieuwpoort
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Vanhauwaert Michael(gecommanditeerde vennoot) 99.9%
- Stille vennoot(commanditaire vennoot) 0.1%
Details
- Company number
- 0780.798.629
- VAT number
- BE 0780.798.629
- Registered office
- Rijsland(Heu) 6, 8501 Kortrijk
- Names & denominations
- Vanhauwaert Michael
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2022
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Detailhandel in vis en schaal- en weekdieren
Overige detailhandel in voedingsmiddelen, neg
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen
Groothandel in vis en schaal- en weekdieren
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.