Financials
Financial year 2025
MICHEL WILLEMS from Heusden-Zolder, company number BE0807701182, closed financial year 2025 with a result of € 16,259 after tax. For that financial year MICHEL WILLEMS recorded a gross margin of € 71,802 and equity of € 198,037. Compared with financial year 2024, the result moved from € 70,857 to € 16,259. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 198,037
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,259
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 153,119
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 15,466 paid out
95 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 1,755
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,527
▲ € 11,034 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,687
▼ 50% vs 2024
€ 10,415 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,376
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,319
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 105,456 | € 83,749 | € 138,701 | € 71,802 | ▼ 48% |
| Profit after taxes | € 46,481 | € 26,349 | € 70,857 | € 16,259 | ▼ 77% |
| Equity | € 117,514 | € 135,818 | € 197,244 | € 198,037 | |
| Total debts | € 198,742 | € 132,868 | € 92,176 | € 152,213 | ▲ 65% |
| Cash | € 94,825 | € 112,461 | € 134,627 | € 153,119 | ▲ 14% |
| Land & buildings | € 16,253 | € 12,483 | € 13,962 | € 10,243 | ▼ 27% |
| Retained profit | € 105,114 | € 123,418 | € 184,844 | € 185,637 | |
| Dividend | € 0 | € 8,046 | € 9,430 | € 15,466 | ▲ 64% |
| Bank debt | € 76,276 | € 54,279 | € 31,098 | € 15,687 | ▼ 50% |
| Balance sheet total | € 316,256 | € 268,685 | € 289,420 | € 350,250 | ▲ 21% |
Key figures of MICHEL WILLEMS, fiscal years 2022 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 MICHEL WILLEMS?
What happened at MICHEL WILLEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,259 (▼ 77% vs 2024). Source: NBB ↗
- New establishment in Heusden-Zolder. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 46,481 profit in 2022 to € 16,259 profit in 2025.
Paid € 56,484 in corporate taxes since 2022.
Best year ever: 2024, with € 70,857 profit.
Paid out € 32,942 in dividends to the owners in total.
Management
Behind MICHEL WILLEMS is Michel Willems.
Directors
According to the 2025 annual accounts
Michel Willems
Director
Establishments
Establishment units
Physical locations of this company
Driesstraat 52
3550 Heusden-Zolder
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 ↗- WILLEMS Michel(enige vennoot-oprichter) 100%
Details
- Company number
- 0807.701.182
- VAT number
- BE 0807.701.182
- Registered office
- Driesstraat 52, 3550 Heusden-Zolder
- Names & denominations
- MICHEL WILLEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 2008
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Schrijnwerk
Algemene elektrotechnische installatiewerken