Financials
Financial year 2025
THISSEN Michel from Welkenraedt, company number BE0873778770, closed financial year 2025 with a result of € 69,930 after tax. For that financial year THISSEN Michel recorded a gross margin of € 156,591 and equity of € 284,124. Compared with financial year 2024, the result moved from € 83,278 to € 69,930. The company is profitable. 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 30, 2026.
€ 284,124
▲ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,930
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 108,482
▼ 17% 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 € 234,124.
People and assets in 2025
€ 48,962
▲ 11% 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.
€ 25,605
▼ 22% vs 2024
Of which on lease € 25,430.
Debts at end 2025
€ 16,594
▼ 37% vs 2024
€ 9,997 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 59,600
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,875
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 119,076 | € 87,385 | € 173,679 | € 156,591 | ▼ 10% |
| Profit after taxes | € 54,748 | € 22,667 | € 83,278 | € 69,930 | ▼ 16% |
| Equity | € 108,248 | € 130,916 | € 214,193 | € 284,124 | ▲ 33% |
| Total debts | € 133,344 | € 91,833 | € 99,638 | € 90,365 | ▼ 9% |
| Cash | € 131,920 | € 106,176 | € 130,483 | € 108,482 | ▼ 17% |
| Retained profit | € 58,248 | € 80,916 | € 164,193 | € 234,124 | ▲ 43% |
| Bank debt | € 50,000 | € 0 | € 26,205 | € 16,594 | ▼ 37% |
| Balance sheet total | € 241,592 | € 222,749 | € 313,832 | € 374,489 | ▲ 19% |
Key figures of THISSEN 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 THISSEN Michel?
What happened at THISSEN 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 € 69,930 (▼ 16% vs 2024). Source: NBB ↗
- New establishment in Welkenraedt. KBO
- Start of the company according to the CBE. KBO
- Michel Albert THISSEN became a director. NBB
In short
From € 54,748 profit in 2022 to € 69,930 profit in 2025.
Paid € 45,079 in corporate taxes since 2022.
Best year ever: 2024, with € 83,278 profit.
A new publication or filing at THISSEN Michel? We notify you, reason included.
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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 THISSEN Michel are Michel Albert THISSEN and Léonce Henriette CAMPO. The same people are also behind Agro-Equipements.
Directors
According to the 2025 annual accounts
since 2005
Establishments
Establishment units
Physical locations of this company
Route Charlemagne 145
4841 Welkenraedt
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.
Details
- Company number
- 0873.778.770
- VAT number
- BE 0873.778.770
- Registered office
- Route Charlemagne 145, 4841 Welkenraedt
- Names & denominations
- THISSEN Michel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 2005
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Bouwen van individuele huizen
Algemene bouw van residentiële gebouwen
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies
Waterbouw, muv baggerwerken
Overige gespecialiseerde bouwactiviteiten, neg
Plaatsen van vloer- en wandtegels
Sanitaire werkzaamheden
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