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 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SCHREINEREI MICHAEL HUNGS from Eupen, company number BE0885252286, closed financial year 2025 with a result of € 94,582 after tax. For that financial year SCHREINEREI MICHAEL HUNGS recorded a gross margin of € 448,295 and equity of € 249,695. Compared with financial year 2024, the result moved from € 79,206 to € 94,582. Profitable, and profit is growing. 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 May 19, 2026.
€ 249,695
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94,582
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 32,928
▲ € 25,220 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 94,689 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.7
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 243,884
▲ 49% vs 2024
€ 42,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 51,384
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 118,305
▼ 17% vs 2024
€ 15,774 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 25,097
▲ 263% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,138
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 418,515 | € 335,294 | € 327,894 | € 448,295 | ▲ 37% |
| Profit after taxes | € 38,797 | € 38,083 | € 79,206 | € 94,582 | ▲ 19% |
| Equity | € 197,943 | € 189,046 | € 249,802 | € 249,695 | |
| Total debts | € 463,274 | € 411,334 | € 361,719 | € 385,993 | ▲ 7% |
| Cash | € 68,875 | € 59,542 | € 7,709 | € 32,928 | ▲ € 25,220 |
| Land & buildings | € 418,688 | € 414,224 | € 388,937 | € 363,838 | ▼ 6% |
| Retained profit | € 185,543 | € 176,646 | € 237,402 | € 237,295 | |
| Dividend | € 19,820 | € 46,980 | € 18,450 | € 94,689 | ▲ € 76,239 |
| Bank debt | € 146,713 | € 135,547 | € 143,340 | € 118,305 | ▼ 17% |
| Balance sheet total | € 661,218 | € 600,380 | € 611,521 | € 635,688 | ▲ 4% |
| Employees (FTE) | - | 6 | 4 | 5.7 | ▲ 1.7 |
Key figures of SCHREINEREI MICHAEL HUNGS, 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 SCHREINEREI MICHAEL HUNGS?
What happened at SCHREINEREI MICHAEL HUNGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 94,582 (▲ 19% vs 2024). Source: NBB ↗
- Céline Comuth became a director. NBB
- New establishment in Eupen. KBO
- Michael Hungs became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 38,797 profit in 2022 to € 94,582 profit in 2025.
Paid € 101,496 in corporate taxes since 2022.
Best year ever: 2025, with € 94,582 profit.
On average € 78,600 of value added per employee in 2025.
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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 SCHREINEREI MICHAEL HUNGS are Patrick Beckers, Michael Hungs and Céline Comuth.
Directors
According to the 2025 annual accounts
Patrick Beckers
Director
Michael Hungs
Director
since 2006
Céline Comuth
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Textilstrasse 4
4700 Eupen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0885.252.286
- VAT number
- BE 0885.252.286
- Registered office
- Textilstrasse 4, 4700 Eupen
- Names & denominations
- SCHREINEREI MICHAEL HUNGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 2006
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Schrijnwerk
Dakwerkzaamheden
Schrijnwerk van hout of van kunststof
Waterdichtingswerken van muren