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 2 fiscal years.
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Busy address KBO
39 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Michel Thurpin Services from Namur, company number BE0787944559, closed financial year 2024 with a result of € 13,535 after tax. For that financial year Michel Thurpin Services recorded a gross margin of € 96,789 and equity of € -30,604. Compared with financial year 2023, the result moved from € -49,138 to € 13,535. 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 August 30, 2025.
€ -30,604
▲ € 13,535 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,535
▲ still € 49,138 loss in 2023
Profit after tax over the fiscal year.
€ 4,356
▲ € 4,002 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -35,604.
People and assets in 2024
€ 80,002
▼ 4% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,860
▲ 44% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 4,824
▼ 23% vs 2023
Loans from banks and other lenders, long and short.
€ 135,405
▲ 102% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 10,429
▲ € 8,617 vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 39,603 | € 96,789 | ▲ 144% |
| Profit after taxes | € -49,138 | € 13,535 | ▲ € 62,673 |
| Equity | € -44,138 | € -30,604 | ▲ € 13,535 |
| Total debts | € 75,030 | € 170,616 | ▲ 127% |
| Cash | € 354 | € 4,356 | ▲ € 4,002 |
| Retained profit | € -49,138 | € -35,604 | ▲ € 13,535 |
| Bank debt | € 6,254 | € 4,824 | ▼ 23% |
| Balance sheet total | € 30,891 | € 140,012 | ▲ € 109,121 |
Key figures of Michel Thurpin Services, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Michel Thurpin Services?
What happened at Michel Thurpin Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Michel Thurpin Services is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 13,535. filed late Source: NBB ↗
- New establishment in Ciney. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,138 loss in 2023 to € 13,535 profit in 2024.
Best year ever: 2024, with € 13,535 profit.
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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
Establishments
Establishment units
Physical locations of this company
Chaussée de Liège(JB) 624
5100 Namur
Rue Charles Balthasar 52
5590 Ciney
Active since 1 July 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 39 companies are registered at this address.
All companies at this address →HAUBAN
€ 13,401 gross margin · 2025
EVA INTERNATIONAL
€ -5,558 gross margin · 2025
Indivision Van den Putte
DAVILOU BVBA
€ 12,385 gross margin · 2025
BCFRL GROUPE
+34 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
- 0787.944.559
- VAT number
- BE 0787.944.559
- Registered office
- Chaussée de Liège(JB) 624, 5100 Namur
- Names & denominations
- Michel Thurpin Services · MTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 1 July 2022
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- [email protected] +32488008320
- Activities · NACE
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