Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
102 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MICHLAIN VEURNE from Roeselare, company number BE0786224491, closed financial year 2025 with a result of € -378,558 after tax. For that financial year MICHLAIN VEURNE recorded a gross margin of € -93,065 and equity of € -427,375. Compared with financial year 2024, the result moved from € -283,007 to € -378,558. The company made a loss. 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 July 2, 2026.
€ -427,375
▼ € 378,558 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -378,558
▼ 34 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,550
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -495,189.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.5 million
▼ 10% vs 2024
€ 272,264 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 49,025
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 987
▼ 90% 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 | € 391,189 | € -154,944 | € -93,065 | ▲ € 61,878 |
| Profit after taxes | € 138,083 | € -283,007 | € -378,558 | ▼ € 95,552 |
| Equity | € 234,190 | € -48,816 | € -427,375 | ▼ € 378,558 |
| Total debts | € 595,679 | € 3,282,763 | € 3,654,479 | ▲ 11% |
| Cash | € 256,738 | € 2,304 | € 2,550 | ▲ 11% |
| Land & buildings | € 86,069 | € 3,201,599 | € 3,221,185 | ▲ 1% |
| Retained profit | € 166,376 | € -116,631 | € -495,189 | ▼ € 378,558 |
| Dividend | € 100,000 | € 0 | € 0 | |
| Bank debt | € 384,840 | € 2,740,104 | € 2,474,508 | ▼ 10% |
| Balance sheet total | € 829,869 | € 3,233,947 | € 3,227,105 |
Key figures of MICHLAIN VEURNE, fiscal years 2023 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 MICHLAIN VEURNE?
What happened at MICHLAIN VEURNE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 378,558. Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 138,083 profit in 2023 to € 378,558 loss in 2025.
Paid € 10,241 in corporate taxes since 2023.
Best year ever: 2023, with € 138,083 profit.
Paid out € 100,000 in dividends to the owners in total.
Management
Behind MICHLAIN VEURNE are Michel Vereenooghe and Maver Holding BV. The shares are held by Maver Holding BV (100%).
Directors
According to the 2025 annual accounts
Michel Vereenooghe
Director
Also active at: ALMIVER OOSTENDE, ALMIVER BRUGGE, ALMIVER, ALMIVER VEURNE, MAVER HOLDING, ALMIVER WESTWING, GUIMAX
Director · represented by Alain Vereenooghe
Also active at: ALMIVER OOSTENDE, ALMIVER BRUGGE, ALMIVER, ALMIVER VEURNE, ALMIVER WESTWING
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kwadestraat 155 box B7.1
8800 Roeselare
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 102 companies are registered at this address.
All companies at this address →ALMIVER OOSTENDE same network
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+97 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0786.224.491
- VAT number
- BE 0786.224.491
- Registered office
- Kwadestraat 155 bus B7.1, 8800 Roeselare
- Names & denominations
- MICHLAIN VEURNE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 2022
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van syndici van onroerend goed
Vermogensbeheer
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis