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.
-
Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ILOT ST MICHEL LLH from Brussel, company number BE0897066490, closed financial year 2025 with a result of € -175,629 after tax. For that financial year ILOT ST MICHEL LLH recorded a gross margin of € 3 million and equity of € 17.7 million. Compared with financial year 2024, the result moved from € -989,319 to € -175,629. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 17.7 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -175,629
▲ 82 % less loss than in 2024
Profit after tax over the fiscal year.
€ 761,622
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11.2 million.
Debts at end 2025
€ 30.3 million
▼ 3% vs 2024
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 30 years.
€ 1 million
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40
▼ € 28,449 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 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 3,257,185 | - | |
| Gross margin | € 2,946,513 | € 3,494,610 | € 2,718,543 | € 2,975,820 | ▲ 9% |
| Profit after taxes | € 191,957 | € 360,189 | € -989,319 | € -175,629 | ▲ € 813,689 |
| Equity | € 18,514,306 | € 18,874,495 | € 17,885,176 | € 17,709,547 | ▼ 1% |
| Total debts | € 34,585,213 | € 34,124,392 | € 34,316,653 | € 33,708,195 | ▼ 2% |
| Cash | € 623,550 | € 1,555,264 | € 1,525,738 | € 761,622 | ▼ 50% |
| Land & buildings | € 34,042,427 | € 32,688,383 | € 31,411,596 | € 29,947,947 | ▼ 5% |
| Retained profit | € -10,346,609 | € -9,986,420 | € -10,975,739 | € -11,151,368 | ▼ € 175,629 |
| Bank debt | € 32,907,611 | € 31,749,318 | € 31,259,844 | € 30,259,844 | ▼ 3% |
| Balance sheet total | € 53,099,519 | € 52,998,887 | € 52,201,829 | € 51,417,742 | ▼ 2% |
Key figures of ILOT ST MICHEL LLH, 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 ILOT ST MICHEL LLH?
What happened at ILOT ST MICHEL LLH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 175,629. filed late Source: NBB ↗
- Jonathan Ratnage became a director. NBB
- Rémi Monglon became a director. NBB
- Cédric Georges-Picot became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 191,957 profit in 2022 to € 175,629 loss in 2025.
Paid € 16,803 in corporate taxes since 2022.
Best year ever: 2023, with € 360,189 profit.
A new publication or filing at ILOT ST MICHEL LLH? 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 ILOT ST MICHEL LLH are Jonathan Ratnage, Rémi Monglon and Cédric Georges-Picot. Cédric Georges-Picot is also behind MEIBOOM 16-18, EXCEL REAL ESTATE and ILOT ST MICHEL FH.
Directors
According to the 2025 annual accounts
Jonathan Ratnage
Director
since 2025
Rémi Monglon
Director
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 4
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0897.066.490
- VAT number
- BE 0897.066.490
- Registered office
- Nijverheidsstraat 4, 1000 Brussel
- Names & denominations
- ILOT ST MICHEL LLH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 2008
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
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