ACTIVE

Vleeswarenfabriek Jac Michiels

Export PDF

Financial year 2024 · Closed on 31/12/2024

Net result801,8 k €+0,5 %over 1 year
Revenue19,4 M €+6,6 %over 1 year
Equity3,6 M €+28,8 %over 1 year
Workforce37,6 ETP-3,6 %over 1 year

Identity

Source · BCE/KBO

Vleeswarenfabriek Jac Michiels is a Public limited company incorporated in 1968. Its main activity is: Production of meat and poultry meat products. Its registered office is in Antwerpen. It employs on average 37,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.722.206
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Middelmolenlaan 139
2100 Antwerpen · FlandreSee on map
Contributed capital
124 489,82 €
Latest accounts
31/12/2024
Average workforce
37,6 ETP
Joint committees (4)
  • 118
  • 11811
  • 220
  • 2200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue19,4 M €18,2 M €14,8 M €––
EBITDA2,1 M €1,9 M €998,8 k €1,1 M €1,2 M €
Operating result1,2 M €1,1 M €230,8 k €414 k €645,8 k €
Net result801,8 k €797,9 k €149,1 k €383 k €558,8 k €
Balance sheet
Equity3,6 M €2,8 M €2,1 M €1,9 M €1,5 M €
Total assets8 M €7,7 M €6,9 M €6,1 M €5,1 M €
Cash451,2 k €907,8 k €677,4 k €555,8 k €479,5 k €
Debts4,4 M €4,9 M €4,8 M €4,1 M €3,6 M €
Other
Workforce37,6 ETP39,0 ETP38,8 ETP39,2 ETP40,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 19 ended

Active mandates

Luxomattic

Director · since 28 septembre 2022 · until 30 juin 2028 · 0644.505.810

Represented by Thomas MICHIELS

Active
Vercraeye Marianne

Director · since 31 mai 2019 · until 31 mai 2029

Active

Ended mandates

Edward MICHIELS

Director · since 01 août 2019 · until 31 mai 2025

Ended
FM CONSULTING

Managing director · since 01 août 2019 · until 31 mai 2025 · 0644.756.921

Represented by Frederik Michiels

Ended
FM CONSULTING

Managing director · since 01 août 2019 · until 31 mai 2025 · 0644.756.921

Represented by Frederik Michiels

Ended
Edward MICHIELS

Managing director · since 30 juin 2017 · until 27 mai 2023

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/06/202529/08/202430/08/202330/09/202231/08/202106/08/2020
General meeting05/06/202501/08/202415/08/202328/09/202230/08/202130/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202405/06/202505/06/2025DutchPDF
Full model31/12/202301/08/202429/08/2024DutchPDF
Full model31/12/202215/08/202330/08/2023DutchPDF
Abridged model31/12/202128/09/202230/09/2022DutchPDF
Abridged model31/12/202030/08/202131/08/2021DutchPDF
Abridged model31/12/201930/05/202006/08/2020DutchPDF
Abridged model31/12/201825/05/201911/07/2019DutchPDF
Abridged model31/12/201730/06/201829/08/2018DutchPDF
Abridged model31/12/201630/06/201724/08/2017DutchPDF
Abridged model31/12/201518/06/201625/08/2016DutchPDF
Abridged model31/12/201427/06/201507/08/2015DutchPDF
Abridged model31/12/201331/05/201407/08/2014DutchPDF
Abridged model31/12/201225/05/201308/08/2013DutchPDF
Abridged model31/12/201126/05/201212/07/2012DutchPDF
Abridged model31/12/201028/05/201110/08/2011DutchPDF
Abridged model31/12/200929/05/201013/08/2010DutchPDF
Abridged model31/12/200828/05/200907/08/2009DutchPDF
Abridged modelCorrection31/12/200731/05/200820/11/2008DutchPDF
Abridged model31/12/200731/05/200828/08/2008DutchPDF
Abridged model31/12/200626/05/200702/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 19 ended

Active mandates

Luxomattic

Director · since 28 septembre 2022 · until 30 juin 2028 · 0644.505.810

Represented by Thomas MICHIELS

Active
Vercraeye Marianne

Director · since 31 mai 2019 · until 31 mai 2029

Active

Ended mandates

Edward MICHIELS

Director · since 01 août 2019 · until 31 mai 2025

Ended
FM CONSULTING

Managing director · since 01 août 2019 · until 31 mai 2025 · 0644.756.921

Represented by Frederik Michiels

Ended
FM CONSULTING

Managing director · since 01 août 2019 · until 31 mai 2025 · 0644.756.921

Represented by Frederik Michiels

Ended
Edward MICHIELS

Managing director · since 30 juin 2017 · until 27 mai 2023

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates25/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates16/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring11/09/2019
    ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring21/06/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates08/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024801,8 k €↑
  2. 2023
    Annual accounts 2023797,9 k €↑
  3. 2022
    Annual accounts 2022149,1 k €↓
  4. 2021
    Annual accounts 2021383 k €↓
  5. 2020
    Annual accounts 2020558,8 k €↑
  6. 2019
    Annual accounts 2019206,7 k €↑
  7. 2018
    Annual accounts 2018100,6 k €↑
  8. 2017
    Annual accounts 201759,5 k €↑
  9. 2016
    Annual accounts 201642,2 k €↓
  10. 2015
    Annual accounts 2015145,8 k €↑
  11. 2014
    Annual accounts 201494 k €↑
  12. 2013
    Annual accounts 201328,8 k €↑
  13. 2012
    Annual accounts 20124,1 k €↓
  14. 2011
    Annual accounts 20118,1 k €↓
  15. 2010
    Annual accounts 201044,2 k €↑
  16. 2009
    Annual accounts 20096,6 k €↑
  17. 2008
    Annual accounts 2008-515 €↓
  18. 2007
    Annual accounts 200769,4 k €↑
  19. 2006
    Annual accounts 200649,7 k €
  20. 01/01/1968
    IncorporationPublic limited company