Financials
Financial year 2025
Myttenaere Michel from Oostende, company number BE0872115518, closed financial year 2025 with a result of € 15,828 after tax. For that financial year Myttenaere Michel recorded a gross margin of € 44,949 and equity of € 249,074. Compared with financial year 2024, the result moved from € 735 to € 15,828. 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 4, 2026.
€ 249,074
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,828
▲ € 15,093 vs 2024
Profit after tax over the fiscal year.
€ 112,701
▲ € 98,937 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 € 230,474.
People and assets in 2025
€ 33,221
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 15,063
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,609
▼ 72% 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 | € 50,554 | € 221,204 | € 19,872 | € 44,949 | ▲ 126% |
| Profit after taxes | € 3,396 | € 143,934 | € 735 | € 15,828 | ▲ € 15,093 |
| Equity | € 87,010 | € 232,511 | € 233,246 | € 249,074 | ▲ 7% |
| Total debts | € 761,336 | € 233,656 | € 266,508 | € 47,400 | ▼ 82% |
| Cash | € 14,869 | € 170,082 | € 13,764 | € 112,701 | ▲ € 98,937 |
| Land & buildings | € 30,838 | € 27,722 | € 25,010 | € 22,493 | ▼ 10% |
| Retained profit | € 68,410 | € 213,911 | € 214,646 | € 230,474 | ▲ 7% |
| Dividend | € 0 | € 833 | € 0 | € 0 | |
| Bank debt | € 236,617 | € 6,836 | € 2,016 | € 0 | ▼ 100% |
| Balance sheet total | € 848,346 | € 466,167 | € 499,754 | € 296,474 | ▼ 41% |
Key figures of Myttenaere Michel, 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 Myttenaere Michel?
What happened at Myttenaere Michel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,828 (▲ € 15,093 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Oostende. KBO
In short
From € 3,396 profit in 2022 to € 15,828 profit in 2025.
Paid € 58,496 in corporate taxes since 2022.
Best year ever: 2023, with € 143,934 profit.
Paid out € 833 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Wapenplein 17 box 202
8400 Oostende
Wapenplein 17 box 7
8400 Oostende
Active since 11 February 2005
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 →FINAUXA
€ 80,237 gross margin · 2024
KANTOOR VERMEIRE
FLORADO INTERNACIA
House On Fire
€ -980 gross margin · 2024
CONSCIENCE A.C.H.
€ 195,986 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.
Details
- Company number
- 0872.115.518
- VAT number
- BE 0872.115.518
- Registered office
- Wapenplein 17 bus 202, 8400 Oostende
- Names & denominations
- Myttenaere Michel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2005
- Peppol
- Active · Active since 8 Apr 2025
- Activities · NACE
Vervaardiging van elektrische huishoudapparaten
Installatie van isolatie
Overige gespecialiseerde bouwactiviteiten, neg
Sanitaire werkzaamheden
Overige gespecialiseerde werkzaamheden in de bouw
Isolatiewerkzaamheden
Overig loodgieterswerk
Overige gespecialiseerde bouwwerkzaamheden