Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MICHEL GRYSPEERDT from Ledegem, company number BE0880219471, closed financial year 2025 with a result of € -136,061 after tax. For that financial year MICHEL GRYSPEERDT recorded a gross margin of € -76,591 and equity of € 90,633. Compared with financial year 2024, the result moved from € -33,141 to € -136,061. The company made a loss. The buffer shrank hard: equity is 60 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 18, 2026.
€ 90,633
▼ 60% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -136,061
▼ 311 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,739
▲ € 7,722 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 65,633.
People and assets in 2025
€ 5,106
▲ 80% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 211,667
▼ 40% vs 2024
€ 40,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 94,693
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,063
▼ 86% 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 | € 47,761 | € 49,032 | € 14,384 | € -76,591 | ▼ € 90,975 |
| Profit after taxes | € 3,568 | € 8,964 | € -33,141 | € -136,061 | ▼ € 102,920 |
| Equity | € 250,872 | € 259,836 | € 226,694 | € 90,633 | ▼ 60% |
| Total debts | € 622,892 | € 652,000 | € 767,515 | € 569,805 | ▼ 26% |
| Cash | € 11,967 | € 36,303 | € 17 | € 7,739 | ▲ € 7,722 |
| Retained profit | € 225,872 | € 234,836 | € 201,694 | € 65,633 | ▼ 67% |
| Bank debt | € 337,469 | € 329,792 | € 352,136 | € 211,667 | ▼ 40% |
| Balance sheet total | € 873,763 | € 911,835 | € 994,209 | € 660,439 | ▼ 34% |
Key figures of MICHEL GRYSPEERDT, 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 GRYSPEERDT?
What happened at MICHEL GRYSPEERDT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 136,061. filed late Source: NBB ↗
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,568 profit in 2022 to € 136,061 loss in 2025.
Paid € 5,030 in corporate taxes since 2022.
Best year ever: 2023, with € 8,964 profit.
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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 GRYSPEERDT is Michel Gryspeerdt.
Directors
According to the 2025 annual accounts
Michel Gryspeerdt
Manager
Establishments
Establishment units
Physical locations of this company
Provinciebaan 51
8880 Ledegem
Pieter Verhaeghestraat 17
8520 Kuurne
Active since 4 April 2006
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 →ATHINA IMPORT EXPORT
€ 51,294 gross margin · 2025
GADEX
€ -3,343 gross margin · 2023
MDB PROJECTS
€ 2 million gross margin · 2023
Demeulenaere Stefaan
BUREAU D
€ 24,440 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
- 0880.219.471
- VAT number
- BE 0880.219.471
- Registered office
- Provinciebaan 51, 8880 Ledegem
- Names & denominations
- MICHEL GRYSPEERDT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2006
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Handelsbemiddeling in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Detailhandel in onderdelen en accessoires van motorvoertuigen
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Kleinhandel in onderdelen en accessoires van auto's
+5