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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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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
MICHEL INVEST from Hasselt, company number BE0838802550, closed financial year 2025 with a result of € 54,898 after tax. For that financial year MICHEL INVEST recorded a gross margin of € 133,583 and equity of € 208,936. Compared with financial year 2024, the result moved from € 46,431 to € 54,898. Profitable, and profit is growing. 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 24, 2026.
€ 208,936
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,898
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 90,560
▲ 12% 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 € 196,536.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 33,376
▲ 4% 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.
€ 29,220
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,489
▼ 55% vs 2024
€ 13,696 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 97,814
▲ € 83,261 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,088
▼ 54% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 65,846 | € 98,716 | € 117,859 | € 133,583 | ▲ 13% |
| Profit after taxes | € 15,967 | € 34,900 | € 46,431 | € 54,898 | ▲ 18% |
| Equity | € 72,707 | € 107,607 | € 154,038 | € 208,936 | ▲ 36% |
| Total debts | € 141,815 | € 126,732 | € 150,592 | € 132,391 | ▼ 12% |
| Cash | € 37,696 | € 64,206 | € 81,030 | € 90,560 | ▲ 12% |
| Retained profit | € 60,307 | € 95,207 | € 141,638 | € 196,536 | ▲ 39% |
| Bank debt | € 540 | € 0 | € 34,309 | € 15,489 | ▼ 55% |
| Balance sheet total | € 214,522 | € 234,338 | € 304,631 | € 341,327 | ▲ 12% |
Key figures of MICHEL INVEST, 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 INVEST?
What happened at MICHEL INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,898 (▲ 18% vs 2024). Source: NBB ↗
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
- New establishment in Hasselt. KBO
- Olivier Michel became a director. NBB
In short
From € 15,967 profit in 2022 to € 54,898 profit in 2025.
Paid € 64,139 in corporate taxes since 2022.
Best year ever: 2025, with € 54,898 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 MICHEL INVEST is Olivier Michel.
Directors
According to the 2025 annual accounts
Olivier Michel
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Mersenhovenstraat 42
3722 Hasselt
Nieuwstraat 5
1933 Zaventem
Active since 1 August 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.802.550
- VAT number
- BE 0838.802.550
- Registered office
- Mersenhovenstraat 42, 3722 Hasselt
- Names & denominations
- MICHEL INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 2011
- Peppol
- Active · Active since 31 Aug 2023
- Activities · NACE
Schrijnwerk
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Handelsbemiddeling in de niet-gespecialiseerde groothandel