Michaël SCHAUS
ActiveSummary
Michaël SCHAUS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290k and a net result of €16k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 56% of 2344 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-17
Solvency92▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.63 against 4.49 in 2024; short-term debt: 32.3% and cash: 79.9% of total assets), and 33.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.7%
Return on assets
3.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
6 d early
2023
23 d early
2022
11 d early
2021
30 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k▼ 81.4%
2024 · €85k
2018: €52lowest in 8 years
2019: €7k▲ +13616% vs 2018
2020: €23k▲ +226% vs 2019
2021: €35k▲ +50.8% vs 2020
2022: €58k▲ +64.6% vs 2021
2023: €67k▲ +15.4% vs 2022
2024: €85k▲ +26.5% vs 2023highest in 8 years
2025: €16k▼ -81.4% vs 2024
2018 → 2025
Working capital
€229k▼ 29.3%
2024 · €324k
2018: €91klowest in 8 years
2019: €108k▲ +18.8% vs 2018
2020: €141k▲ +30.3% vs 2019
2021: €177k▲ +25.4% vs 2020
2022: €212k▲ +19.9% vs 2021
2023: €275k▲ +30.1% vs 2022
2024: €324k▲ +17.8% vs 2023highest in 8 years
2025: €229k▼ -29.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€227k-€285k▲ 25.6%€347k▲ 21.6%€391k▲ 12.9%€290k▼ 25.8%
2021: €227klowest in 5 years
2022: €285k▲ +25.6% vs 2021
2023: €347k▲ +21.6% vs 2022
2024: €391k▲ +12.9% vs 2023highest in 5 years
2025: €290k▼ -25.8% vs 2024
Operating result€55k-€89k▲ 60.6%€101k▲ 13.4%€123k▲ 22.6%€6k▼ 94.9%
2021: €55k
2022: €89k▲ +60.6% vs 2021
2023: €101k▲ +13.4% vs 2022
2024: €123k▲ +22.6% vs 2023highest in 5 years
2025: €6k▼ -94.9% vs 2024lowest in 5 years
Net result€35k-€58k▲ 64.6%€67k▲ 15.4%€85k▲ 26.5%€16k▼ 81.4%
2021: €35k
2022: €58k▲ +64.6% vs 2021
2023: €67k▲ +15.4% vs 2022
2024: €85k▲ +26.5% vs 2023highest in 5 years
2025: €16k▼ -81.4% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 95% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €435k
Fixed assets
€65k ▼ 15.8%
Current assets
€370k ▼ 11.4%
Equity and liabilities €435k
Equity
€290k ▼ 25.8%
Debt
€145k ▲ 40.2%
Debt's share of the balance-sheet total rises from 20.9% to 33.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€17k▼
2024 · €134k
Cash flow
€26k▼
2024 · €95k
Current ratio
2.63▼
2024 · 4.49
Debt to equity
0.50▲
2024 · 0.26
ROE
5.4%▼
2024 · 21.7%
ROA
3.6%▼
2024 · 17.2%
Interest coverage
44.88▼
2024 · 302.09
Debt ≤ 1 year
€141k▲
2024 · €93k
Debt > 1 year
€4k▼
2024 · €10k
Income taxes
€5k▼
2024 · €43k
Staff costs
€21k▲
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€495k€435k▼
Fixed assets21/28€78k€65k▼
Tangible fixed assets22/27€28k€17k▼
Land and buildings22€2k€1k▼
Furniture and vehicles24€26k€16k▼
Financial fixed assets28€50k€48k▼
Current assets29/58€417k€370k▼
Amounts receivable within one year40/41€191k€18k▼
Trade receivables40€150k-
Other amounts receivable41€41k€18k▼
Cash at bank and in hand54/58€225k€348k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€495k€435k▼
Equity10/15€391k€290k▼
Contributions10/11€6k€6k=
Reserves13€289k€188k▼
Tax-exempt reserves132€19k€19k=
Distributable reserves133€270k€169k▼
Profit (loss) carried forward14€96k€96k=
Amounts payable17/49€103k€145k▲
Amounts payable after more than one year17€10k€4k▼
Financial debts170/4€10k€4k▼
Amounts payable within one year42/48€93k€141k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44-€3k
Suppliers440/4-€3k
Taxes, remuneration and social security45€60k€21k▼
Taxes450/3€55k€18k▼
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€27k€110k▲
Income statement
Code20242025
Remuneration, social security and pensions62€19k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€904€675▼
Gross operating margin9900€154k€38k▼
Operating profit (loss)9901€123k€6k▼
Financial income75/76B€5k€14k▲
Recurring financial income75€5k€1k▼
Non-recurring financial income76B-€13k
Financial charges65/66B€442€368▼
Recurring financial charges65€442€368▼
Profit (loss) for the period before taxes9903€127k€20k▼
Income taxes67/77€43k€5k▼
Profit (loss) for the period9904€85k€16k▼
Profit (loss) for the period to be appropriated9905€85k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€214k€112k▼
Profit (loss) brought forward from the previous period14P€129k€96k▼
Transfer from equity791/2€7k€117k▲
Transfer to equity691/2€85k€16k▼
To other reserves6921€85k€16k▼
Profit to be distributed694/7€40k€117k▲
Return on contributions (dividend)694€40k€117k▲
Social balance
Average headcount (FTE)90870.30.3=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €25k | €16k | €21k | €19k | €21k | ▲ 9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €468 | €4k | €10k | €10k | €10k | = |
| Other operating charges640/8 | €377 | €1k | €1k | €904 | €675 | ▼ 25.3% |
| Gross operating margin9900 | €81k | €109k | €132k | €154k | €38k | ▼ 75.1% |
| Operating profit (loss)9901 | €55k | €89k | €101k | €123k | €6k | ▼ 94.9% |
| Financial income75/76B | €1 | €6 | €528 | €5k | €14k | ▲ 218% |
| Recurring financial income75 | €1 | €6 | €528 | €5k | €1k | ▼ 68.5% |
| Non-recurring financial income76B | - | - | - | - | €13k | - |
| Financial charges65/66B | €115 | €475 | €588 | €442 | €368 | ▼ 16.7% |
| Recurring financial charges65 | €115 | €475 | €588 | €442 | €368 | ▼ 16.7% |
| Profit (loss) for the period before taxes9903 | €55k | €88k | €101k | €127k | €20k | ▼ 84.0% |
| Income taxes67/77 | €20k | €30k | €33k | €43k | €5k | ▼ 89.3% |
| Profit (loss) for the period9904 | €35k | €58k | €67k | €85k | €16k | ▼ 81.4% |
| Profit (loss) for the period to be appropriated9905 | €35k | €58k | €67k | €85k | €16k | ▼ 81.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €273k | €366k | €403k | €495k | €435k | ▼ 12.1% |
| Fixed assets21/28 | €50k | €96k | €88k | €78k | €65k | ▼ 15.8% |
| Tangible fixed assets22/27 | €324 | €46k | €38k | €28k | €17k | ▼ 37.2% |
| Land and buildings22 | €324 | - | €2k | €2k | €1k | ▼ 25.2% |
| Furniture and vehicles24 | - | €46k | €36k | €26k | €16k | ▼ 37.9% |
| Financial fixed assets28 | €50k | €50k | €50k | €50k | €48k | ▼ 4.0% |
| Current assets29/58 | €222k | €271k | €315k | €417k | €370k | ▼ 11.4% |
| Amounts receivable within one year40/41 | €44k | €72k | €47k | €191k | €18k | ▼ 90.6% |
| Trade receivables40 | €44k | €72k | €44k | €150k | - | - |
| Other amounts receivable41 | - | - | €4k | €41k | €18k | ▼ 55.9% |
| Current investments50/53 | - | - | €200k | - | - | - |
| Cash at bank and in hand54/58 | €177k | €194k | €64k | €225k | €348k | ▲ 54.8% |
| Deferred charges and accrued income490/1 | €1k | €4k | €4k | €2k | €4k | ▲ 125% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €273k | €366k | €403k | €495k | €435k | ▼ 12.1% |
| Equity10/15 | €227k | €285k | €347k | €391k | €290k | ▼ 25.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €92k | €150k | €211k | €289k | €188k | ▼ 35.0% |
| Non-distributable reserves130/1 | €1k | €1k | - | - | - | - |
| Reserves not available under the articles1311 | €1k | €1k | - | - | - | - |
| Tax-exempt reserves132 | €19k | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | €71k | €130k | €192k | €270k | €169k | ▼ 37.4% |
| Profit (loss) carried forward14 | €129k | €129k | €129k | €96k | €96k | = |
| Amounts payable17/49 | €46k | €81k | €56k | €103k | €145k | ▲ 40.2% |
| Amounts payable after more than one year17 | - | €22k | €16k | €10k | €4k | ▼ 59.7% |
| Financial debts170/4 | - | €22k | €16k | €10k | €4k | ▼ 59.7% |
| Amounts payable within one year42/48 | €46k | €59k | €40k | €93k | €141k | ▲ 51.3% |
| Current portion of amounts payable after more than one year42 | - | €6k | €6k | €6k | €6k | ▲ 1.8% |
| Trade debts44 | €2k | €2k | €873 | - | €3k | - |
| Suppliers440/4 | €2k | €2k | €873 | - | €3k | - |
| Taxes, remuneration and social security45 | €27k | €43k | €25k | €60k | €21k | ▼ 64.6% |
| Taxes450/3 | €22k | €40k | €21k | €55k | €18k | ▼ 68.3% |
| Remuneration and social security454/9 | €5k | €2k | €4k | €5k | €4k | ▼ 21.0% |
| Other amounts payable47/48 | €16k | €8k | €8k | €27k | €110k | ▲ 308% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35k | €58k | €67k | €85k | €16k | ▼ 81.4% |
| + Depreciation and write-downs630 | €468 | €4k | €10k | €10k | €10k | = |
| Operating cash flow (approximation) | €36k | €62k | €77k | €95k | €26k | ▼ 72.6% |
| Investment in fixed assets (approximation) | - | €-49k | €-2k | €0 | €2k | - |
| Change in cash | - | €16k | €-130k | €161k | €123k | ▼ 23.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €85k ▲26.5%
Operating result €123k, net result €85k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Equity above €200kEq €227k ▲18.4%
4 profitable years in a row build equity to €227k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Malmedy · 1 establishment unit since 2002
Ground area
258 m²
Building footprint
58 m²
Volume, LiDAR
588 m³
Parcel 63049D0269/00D000, Wallonia · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Avenue des Alliés 40, 4960 Malmedy
since 20022.230.601.112
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63049D0269/00D000 | Wallonia | 258 m² | 1 · 58 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FIR Dental
BE 0778.925.539
Oudergem · Eq €290,102
MARRA II
BE 0538.800.554
Dilsen-Stokkem · Eq €289,561
TANDARTSENPRAKTIJK SPADENT
BE 0755.908.726
Antwerpen · Eq €289,198
DIEL DENTAL
BE 0829.776.008
Schaarbeek · Eq €291,567
DENTEMAX
BE 0479.093.490
Charleroi · Eq €288,559
Of 6,944 companies in sector 86230 we hold annual accounts for 4,293. 3,709 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-11-2002
Fiscal year end31-12
Activities, NACEBEL 2025
86230Dental practice
Contact
E-mail
sprlmschaus@gmail.comMalmedy
Phone
080 770 889Malmedy
Scores and ratios are computed by Checked and are not a credit decision.