ACTIVE

MICHIELS AANNEMINGEN

Financial year 2025 · Closed on 31/12/2025

Net result429,6 k €+211,6 %over 1 year
Gross margin433,6 k €+153,0 %over 1 year
Equity3,2 M €+15,3 %over 1 year

Identity

Source · BCE/KBO

MICHIELS AANNEMINGEN is a Public limited company incorporated in 1982. Its main activity is: Site preparation. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.513.984
Incorporation
31/03/1982
Legal form
Public limited company
Registered office
Industrieweg 76
9032 Gent · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Joint committees (5)
  • 124
  • 140
  • 200
  • 218
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin433,6 k €171,4 k €447,5 k €––
EBITDA335,9 k €97,4 k €367,7 k €392,3 k €-68 k €
Operating result324,7 k €21,3 k €183,2 k €-10,5 k €-626,9 k €
Net result429,6 k €137,9 k €299,1 k €88,4 k €-594,9 k €
Balance sheet
Equity3,2 M €2,8 M €2,7 M €2,9 M €3,3 M €
Total assets3,5 M €3,1 M €3,5 M €3,9 M €4,1 M €
Cash80,8 k €57,8 k €50,7 k €90,4 k €147,2 k €
Debts197,1 k €227,4 k €807,8 k €967,4 k €810,7 k €
Other
Workforce––––18,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 14 ended

Active mandates

de Buck van Overstraeten Jean-Marie

Managing director · since 28 février 2020 · until 30 mai 2026

Active
Square Group

Managing director · since 28 février 2020 · until 30 mai 2026 · 0502.446.241

Represented by Sylva Mannens

Active

Ended mandates

DE VREES

Director · since 23 novembre 2019 · until 23 novembre 2025 · 0883.903.095

Represented by Isabelle Michiels

Ended
MICHIELS H SERVICES

Managing director · since 23 novembre 2019 · until 23 novembre 2025 · 0876.125.378

Represented by Herman Michiels

Ended
DE VREES

Director · since 23 novembre 2013 · until 23 novembre 2019 · 0883.903.095

Represented by Philip Michiels

Ended
DE VREES

Director · since 23 novembre 2013 · until 23 novembre 2019 · 0883.903.095

Represented by Philip Michiels

Ended

Other companies at this address

Industrieweg 76 9032 Gent
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0877.700.540
0818.293.681
0699.701.778
0511.996.187
Capribel Invest● Active
1002.760.561
0818.294.968
DC3● Active
0467.155.463
Hermes Invest● Active
0783.517.104
0475.880.911
0818.294.275
KZP Immo● Active
0434.616.913
MT200● Active
0844.862.575
NDK 28● Active
0555.710.723
0810.563.276
OTREVEST● Active
0546.745.646
Square Group● Active
0502.446.241
1005.028.876
0432.483.210
0753.940.220
0843.882.479

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202623/06/202529/05/202431/05/202331/05/202209/07/2021
General meeting30/05/202631/05/202525/05/202427/05/202328/05/202230/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/05/202623/06/2026DutchPDF
Abridged model31/12/202431/05/202523/06/2025DutchPDF
Abridged model31/12/202325/05/202429/05/2024DutchPDF
Full model31/12/202227/05/202331/05/2023DutchPDF
Full model31/12/202128/05/202231/05/2022DutchPDF
Full model31/12/202030/06/202109/07/2021DutchPDF
Full model31/12/201927/02/202015/03/2020DutchPDF
Full model31/12/201825/05/201920/06/2019DutchPDF
Full model31/12/201728/06/201813/07/2018DutchPDF
Full model31/12/201627/05/201726/06/2017DutchPDF
Full model31/12/201528/05/201608/06/2016DutchPDF
Full model31/12/201430/05/201527/07/2015DutchPDF
Full model31/12/201331/05/201430/06/2014DutchPDF
Full model31/12/201225/05/201316/07/2013DutchPDF
Full model31/12/201124/08/201231/08/2012DutchPDF
Full model31/12/201028/05/201128/06/2011DutchPDF
Full model31/12/200928/06/201027/07/2010DutchPDF
Full model31/12/200830/05/200930/06/2009DutchPDF
Abridged model31/12/200731/05/200817/06/2008DutchPDF
Abridged model31/12/200626/05/200731/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025

2 active · 14 ended

Active mandates

de Buck van Overstraeten Jean-Marie

Managing director · since 28 février 2020 · until 30 mai 2026

Active
Square Group

Managing director · since 28 février 2020 · until 30 mai 2026 · 0502.446.241

Represented by Sylva Mannens

Active

Ended mandates

DE VREES

Director · since 23 novembre 2019 · until 23 novembre 2025 · 0883.903.095

Represented by Isabelle Michiels

Ended
MICHIELS H SERVICES

Managing director · since 23 novembre 2019 · until 23 novembre 2025 · 0876.125.378

Represented by Herman Michiels

Ended
DE VREES

Director · since 23 novembre 2013 · until 23 novembre 2019 · 0883.903.095

Represented by Philip Michiels

Ended
DE VREES

Director · since 23 novembre 2013 · until 23 novembre 2019 · 0883.903.095

Represented by Philip Michiels

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/12/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/06/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2019
    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. 2025
    Annual accounts 2025429,6 k €↑
  2. 2024
    Annual accounts 2024137,9 k €↓
  3. 2023
    Annual accounts 2023299,1 k €↑
  4. 2022
    Annual accounts 202288,4 k €↑
  5. 2021
    Annual accounts 2021-594,9 k €↓
  6. 2020
    Annual accounts 2020-24,6 k €↑
  7. 2020
    Name changeMichiels Aannemingen
  8. 2019
    Annual accounts 2019-290,2 k €↓
  9. 2018
    Annual accounts 2018296,8 k €↑
  10. 2017
    Annual accounts 2017257 k €↑
  11. 2016
    Annual accounts 2016173,8 k €↓
  12. 2015
    Annual accounts 2015746,7 k €↑
  13. 2014
    Annual accounts 2014150,4 k €↓
  14. 2013
    Annual accounts 2013226,1 k €↓
  15. 2012
    Annual accounts 2012363,2 k €↓
  16. 2011
    Annual accounts 2011571,8 k €↑
  17. 2010
    Annual accounts 2010286,6 k €↑
  18. 2009
    Annual accounts 2009204,1 k €↑
  19. 2008
    Annual accounts 2008-16,5 k €↓
  20. 2007
    Annual accounts 2007649,7 k €↓
  21. 2006
    Annual accounts 2006731,4 k €
  22. 2006
    Name changeMICHIELS H AANNEMINGSBEDRIJF
  23. 31/03/1982
    IncorporationPublic limited company