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 MANAGEMENT from La Louvière, company number BE0870611721, closed financial year 2025 with a result of € 14,871 after tax. For that financial year MICHEL MANAGEMENT recorded a gross margin of € 308,899 and equity of € 488,237. Compared with financial year 2024, the result moved from € -28,992 to € 14,871. 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 January 30, 2026.
€ 488,237
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,871
▲ still € 28,992 loss in 2024
Profit after tax over the fiscal year.
€ 27,070
▲ € 24,490 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 € 208,237.
People and assets in 2025
€ 194,692
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 41,708
▲ 147% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 177,147
▼ 18% vs 2024
€ 24,164 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 23,881
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 114,085
▲ 85% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 459,750 | - | |
| Gross margin | € 284,378 | € 322,252 | € 253,018 | € 308,899 | ▲ 22% |
| Profit after taxes | € -13,424 | € 18,853 | € -28,992 | € 14,871 | ▲ € 43,863 |
| Equity | € 483,505 | € 502,358 | € 473,366 | € 488,237 | ▲ 3% |
| Total debts | € 544,673 | € 464,713 | € 423,161 | € 420,377 | ▼ 1% |
| Cash | € 3,895 | € 7,596 | € 2,580 | € 27,070 | ▲ € 24,490 |
| Land & buildings | € 844,254 | € 813,214 | € 783,561 | € 750,881 | ▼ 4% |
| Retained profit | € 203,505 | € 222,358 | € 193,366 | € 208,237 | ▲ 8% |
| Bank debt | € 278,936 | € 284,042 | € 214,780 | € 177,147 | ▼ 18% |
| Balance sheet total | € 1,030,267 | € 967,802 | € 896,526 | € 908,613 | ▲ 1% |
Key figures of MICHEL MANAGEMENT, 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 MANAGEMENT?
What happened at MICHEL MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,871. Source: NBB ↗
- New establishment in La Louvière. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,424 loss in 2022 to € 14,871 profit in 2025.
Paid € 57,549 in corporate taxes since 2022.
Best year ever: 2023, with € 18,853 profit.
Management
Behind MICHEL MANAGEMENT are Béatrice VAEREMANS and Didier MICHEL. The same people are also behind Transports Fernand Michel and MICHEL LOGISTICS. Didier MICHEL is also behind Fédération royale belge des Transporteurs et des Prestataires de Services Logistiques-.
Directors
According to the 2025 annual accounts
Didier MICHEL
Director
Also active at: Fédération royale belge des Transporteurs et des Prestataires de Services Logistiques-, Transports Fernand Michel, MICHEL LOGISTICS
Establishments
Establishment units
Physical locations of this company
Rue Cronos(H-G) 1
7110 La Louvière
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Transports Fernand Michel same network
€ 12.1 million revenue · 2024
MICHEL LOGISTICS same network
€ 2.1 million gross margin · 2025
Service Ambulance Strepy ASBL
€ 380,958 revenue · 2025
A & A
€ 35,637 gross margin · 2025
VSM AMBULANCE
€ 451,704 gross margin · 2025
+2 more
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
Self-hosted
Hosting
WIX_COM, IL
Website info
Features
Security
Network
Details
- Company number
- 0870.611.721
- VAT number
- BE 0870.611.721
- Registered office
- Rue Cronos(H-G) 1, 7110 La Louvière
- Names & denominations
- MICHEL MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2004
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- michellogistics.be 064 27 88 88
- Activities · NACE
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Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
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