Financials
Financial year 2025
Renovaties Michael from Assenede, company number BE1004541502, closed financial year 2025 with a result of € 23,352 after tax. For that financial year Renovaties Michael recorded a gross margin of € 49,093 and equity of € 68,874. Compared with financial year 2024, the result moved from € 42,522 to € 23,352. 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 July 8, 2026.
€ 68,874
▲ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,352
▼ 45% vs 2024
Profit after tax over the fiscal year.
€ 22,912
▲ 60% 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 € 65,874.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 39,768
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7,342
▼ 63% vs 2024
€ 4,147 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 17,269
▲ € 14,642 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,287
▼ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 68,193 | € 49,093 | ▼ 28% |
| Profit after taxes | € 42,522 | € 23,352 | ▼ 45% |
| Equity | € 45,522 | € 68,874 | ▲ 51% |
| Total debts | € 39,568 | € 42,041 | ▲ 6% |
| Cash | € 14,299 | € 22,912 | ▲ 60% |
| Retained profit | € 42,522 | € 65,874 | ▲ 55% |
| Bank debt | € 19,942 | € 7,342 | ▼ 63% |
| Balance sheet total | € 85,090 | € 110,915 | ▲ 30% |
Key figures of Renovaties Michael, fiscal years 2024 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 Renovaties Michael?
What happened at Renovaties Michael in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,352 (▼ 45% vs 2024). Source: NBB ↗
- New establishment in Assenede. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,522 profit in 2024 to € 23,352 profit in 2025.
Paid € 20,894 in corporate taxes since 2024.
Best year ever: 2024, with € 42,522 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 Renovaties Michael is Michael Van De Walle.
Directors
According to the 2025 annual accounts
Michael Van De Walle
Director
Establishments
Establishment units
Physical locations of this company
Molenstraat 69
9960 Assenede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1004.541.502
- VAT number
- BE 1004.541.502
- Registered office
- Molenstraat 69, 9960 Assenede
- Names & denominations
- Renovaties Michael
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2024
- Peppol
- Active · Active since 19 Feb 2026
- Activities · NACE
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