NORMAL SITUATION

Willy Michiels Company

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result-4,8 M €-1 428,8 %over 1 year
Gross margin7,1 M €
Equity1,9 M €-71,7 %over 1 year
Workforce21,4 ETP-0,9 %over 1 year

Identity

Source · BCE/KBO

Willy Michiels Company is a company registered in Belgium. It employs on average 21,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0417.374.568
Legal form
Public limited company
Contributed capital
1 116 000,00 €
Latest accounts
31/12/2024
Average workforce
21,4 ETP
Joint committees (5)
  • 14904
  • 200
  • 2000
  • 201
  • 218
Signals
Positive EBITDAHealthy social debts

Financials

Source · NBB, 47 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin7,1 M €––––
EBITDA2,1 M €1,9 M €1,8 M €1 M €564,8 k €
Operating result2,3 M €638,5 k €787 k €-560,6 k €-721,3 k €
Net result-4,8 M €359,9 k €760,9 k €-592,3 k €-762,5 k €
Balance sheet
Equity1,9 M €6,7 M €6,3 M €5,6 M €6,1 M €
Total assets12,1 M €16,5 M €15,7 M €15,2 M €16,2 M €
Cash834,9 k €676,8 k €18,4 k €14,2 k €686,6 €
Debts10,2 M €9,7 M €9,1 M €9,4 M €9,9 M €
Other
Workforce21,4 ETP21,6 ETP21,7 ETP23,3 ETP25,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Carlos Pascual-Madorran
Directorsince 21/03/2022
INFISO0455.069.659Represented by Victor Bosquin
Directorsince 21/03/2022
Joeri Pascual-Madorran
Persoon belast met dagelijks bestuurManaging director21/03/2022 → 20/05/2025ended
Taleos0684.647.081Represented by Nicolos Thomsin
Directorsince 21/03/2022

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DC Advisory0737.501.886Represented by Dominique Charlier
Managing director11/12/2019 → 20/05/2025
JESSKO0693.972.939Represented by Julien Saey
Director11/12/2019 → 20/05/2025

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelFull modelFull modelFull modelFull modelFull 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 date29/09/202527/09/202418/09/202324/06/202230/06/202108/06/2020
General meeting19/09/202526/07/202424/07/202317/05/202218/05/202119/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 47 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202419/09/202529/09/2025DutchPDF
Full model31/12/202326/07/202427/09/2024DutchPDF
Full model31/12/202224/07/202318/09/2023DutchPDF
Full model31/12/202117/05/202224/06/2022DutchPDF
Full model31/12/202018/05/202130/06/2021DutchPDF
Full model31/12/201919/05/202008/06/2020DutchPDF
Full model31/12/201821/05/201925/06/2019DutchPDF
Full model31/12/201715/05/201811/06/2018DutchPDF
Full model31/12/201630/06/201727/07/2017DutchPDF
Full model31/12/201530/06/201605/08/2016DutchPDF
Full model31/12/201429/05/201519/06/2015DutchPDF
Full model31/12/201330/05/201418/06/2014DutchPDF
Full model31/12/201231/05/201320/06/2013DutchPDF
Full model31/12/201125/05/201220/06/2012DutchPDF
Full model31/12/201027/05/201114/06/2011DutchPDF
Abridged model31/12/200928/05/201017/06/2010DutchPDF
Abridged model31/12/200829/05/200909/06/2009DutchPDF
Abridged model31/12/200730/05/200813/06/2008DutchPDF
Abridged model31/12/200614/06/200713/07/2007DutchPDF
Abridged model31/12/200526/05/200623/06/2006DutchPDF
Abridged model31/12/200426/05/200520/07/2005DutchPDF
Abridged model31/12/200328/05/200423/07/2004DutchPDF
Abridged model31/12/200230/05/200308/10/2003DutchPDF
Abridged model31/12/200131/05/200226/06/2002DutchPDF
Abridged model31/12/200025/05/200125/06/2001DutchPDF
Abridged model31/12/199914/06/200030/06/2000DutchPDF
Abridged model31/12/199828/05/199929/06/1999DutchPDF
Abridged model31/12/199729/05/199830/06/1998Dutch—
Abridged model31/12/199630/05/199726/06/1997Dutch—
Abridged model31/12/199514/06/199620/06/1996Dutch—
Abridged model31/12/199430/05/199530/06/1995Dutch—
Abridged model31/12/199327/05/199430/06/1994Dutch—
Abridged model31/12/199228/05/199310/08/1993Dutch—
m930-p31/12/199129/05/199226/06/1992Dutch—
m930-p31/12/199019/06/199105/08/1991Dutch—
m930-p31/12/198925/05/199027/06/1990Dutch—
m930-p31/12/198816/06/198929/06/1989Dutch—
m930-p31/12/198727/05/198824/06/1988Dutch—
m930-p31/12/198619/06/198701/07/1987Dutch—
m930-p31/12/198530/05/198610/06/1986Dutch—
m930-p31/12/198431/05/198519/06/1985English—
m903-p31/12/198328/09/198430/10/1984English—
m903-p31/12/198216/11/198313/12/1983English—
m903-p31/12/198118/02/198304/03/1983English—
m903-p31/12/198001/01/999911/09/1981English—
m903-p31/12/197901/01/999926/12/1980English—
m903-p31/12/197801/01/999929/06/1979English—

Indicative valuation

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.

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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

4 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Carlos Pascual-Madorran
Directorsince 21/03/2022
INFISO0455.069.659Represented by Victor Bosquin
Directorsince 21/03/2022
Joeri Pascual-Madorran
Persoon belast met dagelijks bestuurManaging director21/03/2022 → 20/05/2025ended
Taleos0684.647.081Represented by Nicolos Thomsin
Directorsince 21/03/2022

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DC Advisory0737.501.886Represented by Dominique Charlier
Managing director11/12/2019 → 20/05/2025
JESSKO0693.972.939Represented by Julien Saey
Director11/12/2019 → 20/05/2025

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other31/01/2025
    BUITENGEWONE ALGEMENE VERGADERING VAN DE OVER TE NEMEN
    PDF
  • Other24/01/2025
    BUITENGEWONE ALGEMENE VERGADERING VAN DE OVERNEMENDE _ :
    PDF
  • Restructuring22/11/2024
    Uittreksel voorstellen van een met fusie door overneming gelijkgestelde
    PDF
  • Mandates05/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/01/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates22/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Name
Registered office
Annual accounts
Filings19 filings
Mandates
INFISO
Taleos
Carlos Pascual-Madorran
Joeri Pascual-Madorran
JESSKO
DC Advisory
Peter Van Der Hoeven
Griet Vandenheede
Geert ROSSIE
VEERLE MICHIELS
JACQUES HAEGEMAN
WILLY MICHIELS
2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Willy Michiels Company
Industrielaan 28, 9320 Erembodegem
Director
Director
Director
Managing director
Director
Managing director
Managing directorDirector
Managing director
DirectorManaging director
Director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Industrielaan 28, 9320 Erembodegem
accounts 2021 → 2024
Accounts 2024 · 2025-00514477

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Willy Michiels Company
accounts 2021 → 2024
Accounts 2024 · 2025-00514477

Events

  1. 2024
    Annual accounts 2024-4,8 M €↓
  2. 2023
    Annual accounts 2023359,9 k €↓
  3. 2022
    Annual accounts 2022760,9 k €↑
  4. 2021
    Annual accounts 2021-592,3 k €↑
  5. 2020
    Annual accounts 2020-762,5 k €↓
  6. 2019
    Annual accounts 20191,6 M €↑
  7. 2018
    Annual accounts 2018653,2 k €↑
  8. 2017
    Annual accounts 2017-90,4 k €↓
  9. 2016
    Annual accounts 2016122,3 k €↓
  10. 2015
    Annual accounts 20152,3 M €↑
  11. 2014
    Annual accounts 20142,2 M €↑
  12. 2013
    Annual accounts 20132,1 M €↓
  13. 2012
    Annual accounts 20122,5 M €↓
  14. 2011
    Annual accounts 20112,7 M €↑
  15. 2010
    Annual accounts 20102,4 M €↑
  16. 2009
    Annual accounts 20092 M €↓
  17. 2008
    Annual accounts 20082,6 M €↑
  18. 2007
    Annual accounts 20071,1 M €↑
  19. 2006
    Annual accounts 2006245,8 k €