Financials
Financial year 2025
MICHEMATIC ELECTRO from Aalter, company number BE0821467363, closed financial year 2025 with a result of € 2,930 after tax. For that financial year MICHEMATIC ELECTRO recorded a gross margin of € 142,880 and equity of € 251,854. Compared with financial year 2024, the result moved from € 14,345 to € 2,930. 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 February 3, 2026.
€ 251,854
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,930
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 206,854.
People and assets in 2025
€ 70,020
▲ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 68,607
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 31,511
▲ 12% vs 2024
Loans from banks and other lenders, long and short.
€ 23,883
▲ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,593
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 100,896 | € 150,959 | € 177,470 | € 142,880 | ▼ 19% |
| Profit after taxes | € 7,807 | € 19,451 | € 14,345 | € 2,930 | ▼ 80% |
| Equity | € 215,128 | € 234,579 | € 248,924 | € 251,854 | ▲ 1% |
| Total debts | € 293,332 | € 470,307 | € 296,253 | € 260,904 | ▼ 12% |
| Cash | € 51,712 | € 82,455 | € 17,870 | € 0 | ▼ 100% |
| Land & buildings | € 256,745 | € 267,913 | € 255,227 | € 242,541 | ▼ 5% |
| Retained profit | € 170,128 | € 189,579 | € 203,924 | € 206,854 | ▲ 1% |
| Bank debt | € 74,172 | € 51,198 | € 28,027 | € 31,511 | ▲ 12% |
| Balance sheet total | € 562,368 | € 758,794 | € 599,085 | € 566,666 | ▼ 5% |
Key figures of MICHEMATIC ELECTRO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MICHEMATIC ELECTRO?
What happened at MICHEMATIC ELECTRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,930 (▼ 80% vs 2024). filed late Source: NBB ↗
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,807 profit in 2022 to € 2,930 profit in 2025.
Paid € 22,150 in corporate taxes since 2022.
Best year ever: 2023, with € 19,451 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
Management
Behind MICHEMATIC ELECTRO is Karl MORTIER.
Directors
According to the 2025 annual accounts
Karl MORTIER
Director
Establishments
Establishment units
Physical locations of this company
Houtem 19
9880 Aalter
Venecolaan 36
9880 Aalter
Active since 19 January 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0821.467.363
- VAT number
- BE 0821.467.363
- Registered office
- Houtem 19, 9880 Aalter
- Names & denominations
- MICHEMATIC ELECTRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2009
- Peppol
- Active · Active since 2 Sept 2023
- Activities · NACE
Algemene elektrotechnische installatiewerken