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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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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DR.MICHELS JASMIN from Zwevegem, company number BE0848275688, closed financial year 2025 with a result of € 283,365 after tax. For that financial year DR.MICHELS JASMIN recorded a gross margin of € 539,201 and equity of € 947,716. Compared with financial year 2024, the result moved from € 108,801 to € 283,365. 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 June 16, 2026.
€ 947,716
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 283,365
▲ 160% vs 2024
Profit after tax over the fiscal year.
€ 108,836
▲ € 100,284 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 € 929,116.
People and assets in 2025
€ 11,038
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 439,634
▼ 8% vs 2024
€ 38,252 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 88,824
▲ € 88,262 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 | € 153,174 | € 256,116 | € 271,131 | € 539,201 | ▲ 99% |
| Profit after taxes | € 50,383 | € 105,323 | € 108,801 | € 283,365 | ▲ 160% |
| Equity | € 631,228 | € 555,550 | € 664,351 | € 947,716 | ▲ 43% |
| Total debts | € 645,540 | € 716,472 | € 591,684 | € 654,509 | ▲ 11% |
| Cash | € 17,833 | € 9,856 | € 8,552 | € 108,836 | ▲ € 100,284 |
| Land & buildings | € 1,018,630 | € 1,015,035 | € 946,242 | € 868,763 | ▼ 8% |
| Retained profit | € 612,628 | € 536,950 | € 645,751 | € 929,116 | ▲ 44% |
| Dividend | € 0 | € 181,000 | € 0 | € 0 | |
| Bank debt | € 586,702 | € 524,001 | € 476,628 | € 439,634 | ▼ 8% |
| Balance sheet total | € 1,276,768 | € 1,272,023 | € 1,256,036 | € 1,602,225 | ▲ 28% |
Key figures of DR.MICHELS JASMIN, 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 DR.MICHELS JASMIN?
What happened at DR.MICHELS JASMIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 283,365 (▲ 160% vs 2024). Source: NBB ↗
- New establishment in Zwevegem. KBO
- New establishment in Kortrijk. KBO
- Jasmin Michels became a director. NBB
- Wim Maes became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 50,383 profit in 2022 to € 283,365 profit in 2025.
Paid € 253,297 in corporate taxes since 2022.
Best year ever: 2025, with € 283,365 profit.
Paid out € 181,000 in dividends to the owners in total.
Management
Behind DR.MICHELS JASMIN are Jasmin Michels and Wim Maes.
Directors
According to the 2025 annual accounts
Jasmin Michels
Director
since 2012
Wim Maes
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Engelandlaan(Z) 15
8550 Zwevegem
President Kennedylaan(Kor) 4
8500 Kortrijk
Active since 16 August 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0848.275.688
- VAT number
- BE 0848.275.688
- Registered office
- Engelandlaan(Z) 15, 8550 Zwevegem
- Names & denominations
- DR.MICHELS JASMIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 2012
- Peppol
- Active · Active since 1 Apr 2026
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