Financials
Financial year 2026
Grondwerken Michael Boon from Diksmuide, company number BE0788691162, closed financial year 2026 with a result of € 184,627 after tax. For that financial year Grondwerken Michael Boon recorded a gross margin of € 690,448 and equity of € 303,408. Compared with financial year 2025, the result moved from € 12,177 to € 184,627. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.
€ 303,408
▲ 155% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 184,627
▲ € 172,450 vs 2025
Profit after tax over the fiscal year.
€ 30,876
▼ 79% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 281,579.
People and assets in 2026
3.5
Average over the fiscal year, from the social balance sheet.
€ 75,963
▼ 49% vs 2025
€ 21,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 552,313
▲ 13% vs 2025
Of which on lease € 135,486.
Debts at end 2026
€ 109,778
▼ 46% vs 2025
€ 50,214 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 442,128
▲ 117% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 106,470
▼ 42% vs 2025
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|
| Gross margin | € 782,283 | € 465,085 | € 690,448 | ▲ 48% |
| Profit after taxes | € 50,415 | € 12,177 | € 184,627 | ▲ € 172,450 |
| Equity | € 72,244 | € 118,781 | € 303,408 | ▲ 155% |
| Total debts | € 892,436 | € 1,067,774 | € 1,091,392 | ▲ 2% |
| Cash | € 23,997 | € 144,732 | € 30,876 | ▼ 79% |
| Retained profit | € 50,415 | € 96,952 | € 281,579 | ▲ 190% |
| Bank debt | € 0 | € 202,912 | € 109,778 | ▼ 46% |
| Balance sheet total | € 964,680 | € 1,186,555 | € 1,394,799 | ▲ 18% |
| Employees (FTE) | 4.9 | 0 | 3.5 |
Key figures of Grondwerken Michael Boon, fiscal years 2024 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Grondwerken Michael Boon?
What happened at Grondwerken Michael Boon in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 184,627 (▲ € 172,450 vs 2025). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Diksmuide. KBO
- Michael BOON became a director. NBB
In short
From € 50,415 profit in 2024 to € 184,627 profit in 2026.
Paid € 75,849 in corporate taxes since 2024.
Best year ever: 2026, with € 184,627 profit.
On average € 197,300 of value added per employee in 2026.
Management
Behind Grondwerken Michael Boon is Michael BOON.
Directors
According to the 2026 annual accounts
Michael BOON
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Oostendestraat 89
8600 Diksmuide
Oostendestraat(BEE) 89
8600 Diksmuide
Active since 18 July 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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 ↗- Michael Boon(oprichter) 100%
Details
- Company number
- 0788.691.162
- VAT number
- BE 0788.691.162
- Registered office
- Oostendestraat 89, 8600 Diksmuide
- Names & denominations
- Grondwerken Michael Boon · GMB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 2022
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten