Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Michel HENQUIN from Stabroek, company number BE0866667977, closed financial year 2025 with a result of € -11,750 after tax. For that financial year Michel HENQUIN recorded a gross margin of € 6,266 and equity of € 297,791. Compared with financial year 2024, the result moved from € 16,705 to € -11,750. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 3, 2026.
€ 297,791
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,750
▼ still € 16,705 profit in 2024
Profit after tax over the fiscal year.
€ 3,907
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 279,191.
People and assets in 2025
€ 15,615
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 118,483
▼ 5% vs 2024
€ 8,128 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,790
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 210
▼ 66% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 62,036 | € 42,079 | € 46,142 | € 6,266 | ▼ 86% |
| Profit after taxes | € 31,772 | € 13,569 | € 16,705 | € -11,750 | ▼ € 28,455 |
| Equity | € 282,467 | € 294,436 | € 309,541 | € 297,791 | ▼ 4% |
| Total debts | € 144,350 | € 146,793 | € 133,738 | € 121,483 | ▼ 9% |
| Cash | € 21,667 | € 6,530 | € 7,836 | € 3,907 | ▼ 50% |
| Retained profit | € 263,867 | € 275,836 | € 290,941 | € 279,191 | ▼ 4% |
| Dividend | € 1,600 | € 1,600 | € 1,600 | € 0 | ▼ 100% |
| Bank debt | € 138,468 | € 139,433 | € 125,067 | € 118,483 | ▼ 5% |
| Balance sheet total | € 426,817 | € 441,229 | € 443,280 | € 419,274 | ▼ 5% |
Key figures of Michel HENQUIN, 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 Michel HENQUIN?
What happened at Michel HENQUIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,750 (▼ € 28,455 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 31,772 profit in 2022 to € 11,750 loss in 2025.
Paid € 42,797 in corporate taxes since 2022.
Best year ever: 2022, with € 31,772 profit.
Paid out € 4,800 in dividends to the owners in total.
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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 HENQUIN is Michel Henquin. It owns 41.7% of Michin itself.
Directors
According to the 2025 annual accounts
Michel Henquin
Director
Establishments
Establishment units
Physical locations of this company
Kerkstraat 39 box B
2940 Stabroek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0866.667.977
- VAT number
- BE 0866.667.977
- Registered office
- Kerkstraat 39 bus B, 2940 Stabroek
- Names & denominations
- Michel HENQUIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 August 2004
- Peppol
- Active · Active since 16 Jan 2026
- Contact
- advonoord.be
- Activities · NACE
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