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MICHEL DIFFUSION

Active
Private limited companyfounded 2013active for 13 yearsPreflexbaan 401, 1740 Ternat, BelgiumKBO/BCE: BE 0537.274.486
Summary

The computed 12-month bankruptcy probability of MICHEL DIFFUSION is 3.0% (moderate). The 2025 annual accounts show equity of €176,615 and a net result of €32,782. Equity has been growing by about 6% per year since 2019. Its solvency ranks better than 27% of 1,081 sector peers (NACE 49, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 05-08-2013 Normal situation
Activity
Freight transport by road NACE 49410
Establishment unit
2.317.409.479 1740 Ternat, since 07-12-2015
Financial year end
30 June
Peppol
Reachable since 08-01-2026

Board and ownership

Board

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.0%
Annual accounts to 30-06-2025
Gross margin
€377,738
▼ 9.0%
Turnover
≈ €810,000
estimated
Profit
€32,782
▲ 78×
Equity
€176,615
▲ 22.8%
Total assets
€856,241
▲ 5.8%
Staff
8.3 FTE
=
  • 2025 accounts filed 16 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.08Last filed accounts filed 40 days late; 1 of the last 3 accounts lateSector: Land transport and transport via pipelines (NACE 49)Equity €176,615 (20.6% of total assets)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 42% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Average
Solvency 46+3
equity 20.6% of total assets
Liquidity 19+14
short-term debt 74.7%
Profitability 74+10
return on assets 3.8%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 1.7% 01-2025: 1.8%▲ +0.1 percentage points vs 12-2024 02-2025: 2.5%▲ +0.7 percentage points vs 01-2025 03-2025: 1.6%▼ -0.9 percentage points vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.4%▼ -0.2 percentage points vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025lowest value 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.6%▲ +0.2 percentage points vs 12-2025 02-2026: 2.1%▲ +0.5 percentage points vs 01-2026 03-2026: 12.0%▲ +9.9 percentage points vs 02-2026 04-2026: 12.2%▲ +0.2 percentage points vs 03-2026highest value 05-2026: 12.2%● unchanged vs 04-2026highest value 06-2026: 12.2%● unchanged vs 05-2026highest value 07-2026: 12.1%▼ -0.1 percentage points vs 06-2026 08-2026: 12.1%● unchanged vs 07-2026 09-2026: 11.7%▼ -0.4 percentage points vs 08-2026 10-2026: 3.0%▼ -8.7 percentage points vs 09-2026 11-2026: 3.0%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.08 (0.98 in 2024), below the usual 1.5. Short-term debt is 74.7% of total assets. 79.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 32% of them on solvency, 16% on liquidity, 51% on profitability and 68% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Liquidity: current ratio 1.08
NBB · annual accounts
raises risk · Last filed accounts filed 40 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Equity €176,615 (20.6% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 16 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
16 days late
2024
6 days late
2023
50 days late
2022
3 days late
2021
4 days late
2020
67 days late
2019
94 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 6 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, full format

2025 annual accounts filed 16 days after the deadline Filed on 16 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00039162.

Annual accounts 2025 filed on 11-03-2026 at the NBB Annual accounts 2025 (PDF) all 12 filings

Turnover
€2.3m
EBIT margin
0.8%
Net result
€32,782▲ 78×
2024 · €422
Working capital
€49,717
2024 · -€13,348
Multi-year overview
2019 to 2025, 7 financial years
Turnover
no figure
2025
20192025
Operating result
€46,774
▲ 94.5% 2025
20192025
Net result
€32,782
▲ 78× 2025
middle half of the sector
20192025
EBIT margin
no figure
2025
20192025
Equity
€176,615
▲ 22.8% 2025
lowest quarter of the sector
20192025
Total assets
€856,241
▲ 5.8% 2025
lowest quarter of the sector
20192025
Debt
€679,626
▲ 2.1% 2025
20192025
Working capital
€49,717
2025
middle half of the sector
20192025
Solvency
20.6%
▲ 2.9pp 2025
middle half of the sector
20192025
Current ratio
1.08
▲ 0.10 2025
middle half of the sector
20192025
Return on assets (ROA)
3.8%
▲ 3.8pp 2025
middle half of the sector
20192025
Staff (FTE)
8.3
= 2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€2.3m
Operating result€0.02m-€0.01m▼ 46.8%€0.03m▲ 160%€0.02m▼ 27.8%€0.01m▼ 45.8%€0.02m▲ 130%€0.05m▲ 94.5%
Net result€0.02m-€0.01mwithin the sector's middle half▼ 48.0%€0.008mwithin the sector's middle half▼ 23.1%€0.007mwithin the sector's middle half▼ 15.7%€0.009mwithin the sector's middle half▲ 39.0%€422below the sector's middle half▼ 95.3%€0.03mwithin the sector's middle half▲ 78×
EBIT margin0.8%
Equity€0.1m-€0.1mwithin the sector's middle half▲ 9.1%€0.1mbelow the sector's middle half▲ 6.4%€0.1mbelow the sector's middle half▲ 5.1%€0.1mbelow the sector's middle half▲ 6.7%€0.1mbelow the sector's middle half▲ 0.3%€0.2mbelow the sector's middle half▲ 22.8%
Total assets€0.2m-€0.1mbelow the sector's middle half▼ 20.7%€0.6mbelow the sector's middle half▲ 279%€0.6mbelow the sector's middle half▲ 15.4%€0.8mwithin the sector's middle half▲ 21.2%€0.8mwithin the sector's middle half▲ 4.6%€0.9mbelow the sector's middle half▲ 5.8%
Debt€0.07m-€0.03m▼ 65.1%€0.4m▲ 17×€0.5m▲ 18.6%€0.6m▲ 25.0%€0.7m▲ 5.5%€0.7m▲ 2.1%
Working capital€0.07m-€0.01mwithin the sector's middle half▼ 78.8%€0.04mwithin the sector's middle half▲ 171%€0.03mwithin the sector's middle half▼ 20.3%€0.04mwithin the sector's middle half▲ 34.7%-€0.01mbelow the sector's middle half€0.05mwithin the sector's middle half
Solvency59.9%-82.3%above the sector's middle half▲ 22.5pp23.1%within the sector's middle half▼ 59.2pp21.0%within the sector's middle half▼ 2.1pp18.5%below the sector's middle half▼ 2.5pp17.8%below the sector's middle half▼ 0.8pp20.6%within the sector's middle half▲ 2.9pp
Current ratio1.96-1.58within the sector's middle half▼ 0.371.10within the sector's middle half▼ 0.481.07within the sector's middle half▼ 0.031.07within the sector's middle half=0.98within the sector's middle half▼ 0.091.08within the sector's middle half▲ 0.10
Return on assets (ROA)10.5%-6.9%within the sector's middle half▼ 3.6pp1.4%within the sector's middle half▼ 5.5pp1.0%within the sector's middle half▼ 0.4pp1.2%within the sector's middle half▲ 0.1pp0.1%below the sector's middle half▼ 1.1pp3.8%within the sector's middle half▲ 3.8pp
Staff (FTE)3-8.3within the sector's middle half8.3within the sector's middle half=
above within below The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 94% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €856,241
Fixed assets €167,082 ▲ 6.3%
Current assets €689,159 ▲ 5.7%
Equity and liabilities €856,241
Equity €176,615 ▲ 22.8%
Debt €679,626 ▲ 2.1%
Debt's share of the balance-sheet total falls from 82.2% to 79.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€72,037▲
2024 · €38,307
Cash flow
€58,045▲
2024 · €14,677
Debt to equity
3.85▼
2024 · 4.63
ROE
18.6%▲
2024 · 0.3%
Interest coverage
7.61▲
2024 · 5.41
Debt ≤ 1 year
€639,442▼
2024 · €665,570
Debt > 1 year
€40,184
Income taxes
€7,056▼
2024 · €16,559
Staff costs
€245,814▼
2024 · €337,855
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-06-202430-06-2025
Employees at the balance-sheet date9-
full-time7-
part-time2-
in full-time equivalents8-
Average over the year, in full-time equivalents8.36.9
On a permanent contract99
Joined23
Left43

Source: social balance sheet in the 2024 to 2025 annual accounts

Investments

fixed assets acquired
Item30-06-202230-06-202330-06-202430-06-2025
Tangible fixed assets€31,260-€71,679€35,165
Depreciation and write-downs of the year€15,007€11,128€14,255€25,263

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€809,402€856,241▲
Fixed assets21/28€157,180€167,082▲
Tangible fixed assets22/27€74,680€84,582▲
Furniture and vehicles24€74,680€84,582▲
Financial fixed assets28€82,500€82,500=
Current assets29/58€652,222€689,159▲
Amounts receivable within one year40/41€649,700€689,159▲
Trade receivables40€600,285€686,348▲
Other amounts receivable41€49,415€2,811▼
Cash at bank and in hand54/58€2,522-
Equity and liabilities
Total equity and liabilities10/49€809,402€856,241▲
Equity10/15€143,832€176,615▲
Contributions10/11€20,560€20,560=
Contributions outside capital11€20,560€20,560=
Other1109/19€20,560€20,560=
Profit (loss) carried forward14€123,272€156,055▲
Amounts payable17/49€665,570€679,626▲
Amounts payable after more than one year17-€40,184
Financial debts170/4-€40,184
Amounts payable within one year42/48€665,570€639,442▼
Current portion of amounts payable after more than one year42€47,660€57,051▲
Financial debts43-€1,383
Credit institutions430/8-€1,383
Trade debts44€596,910€520,604▼
Suppliers440/4€596,910€520,604▼
Taxes, remuneration and social security45€20,999€60,404▲
Taxes450/3€13,742€15,110▲
Remuneration and social security454/9€7,258€45,294▲
Income statement Code20242025
Non-recurring operating income76A€1,500-
Remuneration, social security and pensions62€337,855€245,814▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,255€25,263▲
Other operating charges640/8€38,806€59,887▲
Gross operating margin9900€414,968€377,738▼
Operating profit (loss)9901€24,052€46,774▲
Financial income75/76B€15€2,536▲
Recurring financial income75€15€2,536▲
Financial charges65/66B€7,086€9,471▲
Recurring financial charges65€7,086€9,471▲
Profit (loss) for the period before taxes9903€16,981€39,839▲
Income taxes67/77€16,559€7,056▼
Profit (loss) for the period9904€422€32,782▲
Profit (loss) for the period to be appropriated9905€422€32,782▲
Appropriation of the result
Profit (loss) to be appropriated9906€123,272€156,055▲
Profit (loss) brought forward from the previous period14P€122,851€123,272▲
Social balance sheet
Average headcount (FTE)9087-8.3

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 11-03-2026.

Line2019202020212022202320242025Change
Turnover70---€2.3m----
Non-recurring operating income76A-----€0.002m--
Goods, raw materials, services and sundry goods60/61---€1.9m----
Remuneration, social security and pensions62---€0.3m€0.4m€0.3m€0.2m▼ 27.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.009m€0.009m€0.009m€0.02m€0.01m€0.01m€0.03m▲ 77.2%
Other operating charges640/8---€0.03m€0.04m€0.04m€0.06m▲ 54.3%
Gross operating margin9900€0.1m€0.1m€0.3m€0.4m€0.4m€0.4m€0.4m▼ 9.0%
Operating profit (loss)9901€0.02m€0.01m€0.03m€0.02m€0.01m€0.02m€0.05m▲ 94.5%
Financial income75/76B---€1€0€15€0.003m▲ 171×
Recurring financial income75---€1€0€15€0.003m▲ 171×
Financial charges65/66B---€0.001m€0.001m€0.007m€0.009m▲ 33.7%
Recurring financial charges65€16€231€0.001m€0.001m€0.001m€0.007m€0.009m▲ 33.7%
Profit (loss) for the period before taxes9903€0.02m€0.01m€0.03m€0.02m€0.009m€0.02m€0.04m▲ 135%
Income taxes67/77--€0.02m€0.01m-€0.02m€0.007m▼ 57.4%
Profit (loss) for the period9904€0.02m€0.01m€0.008m€0.007m€0.009m€422€0.03m▲ 78×
Profit (loss) for the period to be appropriated9905€0.02m€0.01m€0.008m€0.007m€0.009m€422€0.03m▲ 78×
Line2019202020212022202320242025Change
Assets
Total assets20/58€183,917€145,883€553,301€638,765€774,085€809,402€856,241▲ 5.8%
Fixed assets21/28€39,552€105,147€96,131€110,884€99,756€157,180€167,082▲ 6.3%
Tangible fixed assets22/27€32,052€22,647€13,631€28,384€17,256€74,680€84,582▲ 13.3%
Furniture and vehicles24---€28,384€17,256€74,680€84,582▲ 13.3%
Financial fixed assets28€7,500€82,500€82,500€82,500€82,500€82,500€82,500=
Current assets29/58€144,365€40,736€457,170€527,881€674,329€652,222€689,159▲ 5.7%
Amounts receivable within one year40/41€140,471€19,846€387,247€441,937€585,403€649,700€689,159▲ 6.1%
Trade receivables40---€436,382€551,549€600,285€686,348▲ 14.3%
Other amounts receivable41---€5,555€33,854€49,415€2,811▼ 94.3%
Cash at bank and in hand54/58€3,545€20,542€68,475€80,975€86,353€2,522--
Deferred charges and accrued income490/1---€4,969€2,574---
Equity and liabilities
Total equity and liabilities10/49€183,917€145,883€553,301€638,765€774,085€809,402€856,241▲ 5.8%
Equity10/15€110,091€120,134€127,857€134,365€143,411€143,832€176,615▲ 22.8%
Contributions10/11€18,700€18,700-€20,560€20,560€20,560€20,560=
Contributions outside capital11---€20,560€20,560€20,560€20,560=
Other1109/19---€20,560€20,560€20,560€20,560=
Reserves13€1,860€1,860------
Profit (loss) carried forward14€89,531€99,574€107,297€113,805€122,851€123,272€156,055▲ 26.6%
Amounts payable17/49€73,826€25,749€425,444€504,400€630,674€665,570€679,626▲ 2.1%
Amounts payable after more than one year17--€8,922€8,922--€40,184-
Financial debts170/4---€8,922--€40,184-
Amounts payable within one year42/48€73,826€25,749€416,522€495,478€630,674€665,570€639,442▼ 3.9%
Current portion of amounts payable after more than one year42---€13,544-€47,660€57,051▲ 19.7%
Financial debts43------€1,383-
Credit institutions430/8------€1,383-
Trade debts44€56,507€13,575€291,434€422,015€617,611€596,910€520,604▼ 12.8%
Suppliers440/4---€422,015€617,611€596,910€520,604▼ 12.8%
Taxes, remuneration and social security45---€18,644€13,063€20,999€60,404▲ 188%
Taxes450/3---€12,323€5,806€13,742€15,110▲ 10.0%
Remuneration and social security454/9---€6,321€7,258€7,258€45,294▲ 524%
Other amounts payable47/48---€41,275----
Line2019202020212022202320242025Change
Profit (loss) for the period9904€19,298€10,043€7,723€6,508€9,046€422€32,782▲ 78×
+ Depreciation and write-downs630€9,146€9,405€9,016€15,007€11,128€14,255€25,263▲ 77.2%
Operating cash flow (approximation)€28,444€19,448€16,739€21,515€20,174€14,677€58,045▲ 295%
Investment in fixed assets (approximation)--€75,000€0-€29,760€0-€71,679-€35,165▲ 50.9%
Change in cash-€16,997€47,933€12,500€5,378-€83,830--

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 4,508 companies had the same profile as MICHEL DIFFUSION has now. Two years later, 96.9% were still going and 1.4% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
96.9% was still going
1.6% stopped otherwise
1.4% went bankrupt

The bankruptcy probability of MICHEL DIFFUSION itself is higher: 3.0% within 12 months. It rests on far more data about MICHEL DIFFUSION than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,508 companies, not a prediction for MICHEL DIFFUSION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2025 full format 11-03-2026 2026-00052395 PDF
30-06-2025 abbreviated format 16-02-2026 2026-00039162 PDF
30-06-2024 abbreviated format 06-02-2025 2025-00029586 PDF
30-06-2023 abbreviated format 21-03-2024 2024-00050184 PDF
30-06-2022 abbreviated format 03-02-2023 2023-00023436 PDF
30-06-2021 abbreviated format 04-02-2022 2022-05000320 PDF
30-06-2020 abbreviated format 08-04-2021 2021-10000460 PDF
30-06-2019 abbreviated format 04-05-2020 2020-11200480 PDF
30-06-2018 abbreviated format 27-03-2019 2019-08000475 PDF
30-06-2017 abbreviated format 27-06-2018 2018-24300106 PDF

Show all 12 filings

Board & ownership

Directors

Directors
1 director, last change in 2024
CALLI Kadir
Director (not named in the articles) · since 22-12-2023 · earlier manager, until 27-02-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 11-03-2026
Current

Owners and capital

Capital transactions

Capital over time
  1. 27-02-2024 Converted to unavailable equity · €20,560

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
CALLI Kadir
  • Manager, until 27-02-2024
  • Director (not named in the articles), since before 27-02-2024
See the board, name and registered office on a given date →

Articles of association

Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Overdracht van aandelen, procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid verworven aantal bij meerdere…”

Articles of association, deed of 27-02-2024 (in Dutch)

Network & group

MICHEL DIFFUSION shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of MICHEL DIFFUSION. Every other company they run is a node.

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Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-01-2027
2026
11-03
NBB filing Annual accounts 2025 filedNBB
full format
16-02
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 16 days late
2025
30-06
Financial Highest result from 2019 to 2025net €32,782 ▲7,676%
The operating result of €46,774 and the net result of €32,782 are both a record.
30-06
Financial Equity above €150,000equity €176,615 ▲22.8%
With a profit in every financial year since 2019, equity grows to €176,615.
06-02
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 6 days late
2024
30-06
Financial Weakest financial yearnet €422 ▼95.3%
The net result drops to €422, the lowest from 2019 to 2025. It recovers the following year.
21-03
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 50 days late
27-02
Gazette deed Resignation: CALLI Kadir (manager)
Reappointment: CALLI Kadir (director) · Amendment of the articles · Capital conversion8 points ▸
  • General meeting, 22-12-2023
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “overeenkomstig vormen en meerderheden van statutenwijziging, opheffen” (deed in Dutch)
  • Capital
  • Director resignation, CALLI Kadir (manager)
  • Director reappointment, CALLI Kadir (director (not named in the articles))
  • Registered office clause, “1740 Ternat,Preflexbaan 401” (deed in Dutch)

Open the act in the Belgian Official Gazette

2023
10-02
Gazette deed Registered office moved from Merchtem to Ternat
New seat: Preflexbaan n°401-1740 TERNAT · Previous seat: Brusselsesteenweg 220 - 1785 MERCHTEM2 points ▸
  • General meeting, 01-02-2023
  • Registered-office move, Preflexbaan n°401-1740 TERNAT

Open the act in the Belgian Official Gazette

03-02
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 3 days late
2022
04-02
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 4 days late
2021
08-04
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 67 days late
Show earlier events
2020
04-05
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 94 days late
2019
27-03
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 55 days late
2018
27-06
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 147 days late
2013
07-08
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 5 August 2013, MICHEL DIFFUSION was incorporated.1 In 2023 the registered office moved to Ternat.2 Total assets went from €183,917 in 2019 to €856,241 in 2025 and headcount from 3 to 8.3 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-02-2023
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Register details

Identity

KBO record
Name MICHEL DIFFUSION in Dutch
Enterprise number 0537.274.486
Legal form Private limited company
Status Active, normale toestand
Founded 05-08-2013
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 27-02-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, kan bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…”
deed of 27-02-2024 (in Dutch)

Registered office and establishments

Registered office Preflexbaan 401, 1740 Ternat, Belgium
1 former office
  • Brusselsesteenweg 220, 1785 Merchtem until the act of 10-02-2023
Establishment unit Preflexbaan 401, 1740 Ternat since 07-12-2015 · unit number 2.317.409.479

Activities

NACEBEL 2025
VAT activities
49410 Freight transport by road main activity
Social security (RSZ) activities
49410 Freight transport by road main activity
Codes under NACEBEL 2008
VAT activities
49410 Road freight transport main activity
Social security (RSZ) activities
49410 Road freight transport main activity

Invoicing and payment

VAT number BE 0537.274.486
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0537274486
Registered 08-01-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-06
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of December at 20:00
deed of 27-02-2024 (in Dutch)

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT
since 01-01-2025

Sites & property

Location
registered office establishment approximate The establishment unit on the map