ACTIVE

IMMO-MICHEL

Financial year 2025 · closed on 31/12/2025
Net result
7 k €
-64.9% YoY
Gross margin
44,5 k €
-29.4% YoY
Equity
161,8 k €
+4.5% YoY

What does IMMO-MICHEL do?

IMMO-MICHEL is a Private company with limited liability incorporated in 1982. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.267.220
Incorporation
20/10/1982
Legal form
Private company with limited liability
Registered office
Kempische steenweg 81 box 3
3500 Hasselt · FlandreSee on map
Contributed capital
231 284,66 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin44,5 k €63,1 k €59 k €59,6 k €60,9 k €12,7 k €-643,5 €-12,5 k €-15,2 k €-18,9 k €-50,4 k €62,4 k €67,2 k €70 k €69,5 k €69,4 k €72 k €73 k €
EBITDA17,3 k €37,4 k €34,2 k €-81,6 k €39,2 k €-7,1 k €-20,1 k €-35 k €-33,1 k €-38,8 k €-68,3 k €45,5 k €50,4 k €53,3 k €53,4 k €53,3 k €58,1 k €59,3 k €
Operating result16,8 k €36,8 k €33,6 k €-82,2 k €38,7 k €-10,5 k €-23,5 k €-38,4 k €-39,4 k €-45,1 k €-74,6 k €36,4 k €41,2 k €44,1 k €44,8 k €44,7 k €49,5 k €50,7 k €
Net result7 k €20 k €20,1 k €-86,9 k €34,8 k €-2,7 k €-13,6 k €-26,8 k €-28,7 k €-161,2 k €-89 k €14,6 k €18,4 k €19,6 k €19,3 k €19,6 k €14,4 k €32,7 k €
Balance sheet
Equity161,8 k €154,8 k €134,8 k €114,6 k €201,5 k €317,2 k €319,9 k €333,6 k €360,3 k €389 k €550,2 k €639,2 k €624,6 k €606,2 k €586,6 k €567,3 k €547,7 k €533,3 k €
Total assets234,6 k €292,3 k €271,1 k €240,3 k €300,9 k €317,2 k €319,9 k €333,6 k €360,3 k €407 k €992,7 k €1,1 M €1 M €990,2 k €946,1 k €980,9 k €913,4 k €1,1 M €
Cash5,9 k €81 k €59,2 k €30,3 k €93,9 k €14,1 k €1,2 k €6 k €12,9 k €23,5 k €127,6 k €202,9 k €154,5 k €94,9 k €52,4 k €82,7 k €5,9 k €227,8 k €
Debts65,3 k €127,8 k €129,3 k €121 k €95,6 k €16,9 k €425,1 k €430,9 k €416,4 k €384 k €359,5 k €413,6 k €365,7 k €607,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Bart Haesen

Director · since 18 juillet 2025

Active

Ended mandates

Liane Haesen

Director · since 09 février 2024

Ended
Liane HAESEN

Director · since 20 octobre 1982

Ended
Liane Haesen

Manager

Ended
Liane Haesen Liane

Manager

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date05/03/202630/07/202526/07/202428/07/202321/10/202224/06/2021
General meeting18/02/202606/03/202528/06/202430/06/202321/09/202225/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202518/02/202605/03/2026DutchPDF
Micro model31/12/202406/03/202530/07/2025DutchPDF
Micro model31/12/202328/06/202426/07/2024DutchPDF
Micro model31/12/202230/06/202328/07/2023DutchPDF
Micro model31/12/202121/09/202221/10/2022DutchPDF
Micro model31/12/202025/05/202124/06/2021DutchPDF
Micro model31/12/201930/06/202026/08/2020DutchPDF
Micro model31/12/201830/06/201926/07/2019DutchPDF
Micro model31/12/201719/06/201821/06/2018DutchPDF
Abridged model31/12/201630/06/201714/07/2017DutchPDF
Abridged model31/12/201530/06/201628/07/2016DutchPDF
Abridged model31/12/201430/06/201530/07/2015DutchPDF
Abridged model31/12/201331/05/201427/06/2014DutchPDF
Abridged model31/12/201207/03/201326/04/2013DutchPDF
Abridged model31/12/201129/06/201218/07/2012DutchPDF
Abridged model31/12/201018/08/201124/08/2011DutchPDF
Abridged model31/12/200904/03/201025/08/2010DutchPDF
Abridged model31/12/200805/03/200926/08/2009DutchPDF
Abridged model31/12/200706/03/200827/06/2008DutchPDF
Abridged model31/12/200601/03/200726/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Bart Haesen

Director · since 18 juillet 2025

Active

Ended mandates

Liane Haesen

Director · since 09 février 2024

Ended
Liane HAESEN

Director · since 20 octobre 1982

Ended
Liane Haesen

Manager

Ended
Liane Haesen Liane

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/11/2006
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

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 20257 k €
  2. 2024
    Annual accounts 202420 k €
  3. 2023
    Annual accounts 202320,1 k €
  4. 2022
    Annual accounts 2022-86,9 k €
  5. 2021
    Annual accounts 202134,8 k €
  6. 2018
    Annual accounts 2018-2,7 k €
  7. 2017
    Annual accounts 2017-13,6 k €
  8. 2016
    Annual accounts 2016-26,8 k €
  9. 2015
    Annual accounts 2015-28,7 k €
  10. 2014
    Annual accounts 2014-161,2 k €
  11. 2013
    Annual accounts 2013-89 k €
  12. 2012
    Annual accounts 201214,6 k €
  13. 2011
    Annual accounts 201118,4 k €
  14. 2010
    Annual accounts 201019,6 k €
  15. 2009
    Annual accounts 200919,3 k €
  16. 2008
    Annual accounts 200819,6 k €
  17. 2007
    Annual accounts 200714,4 k €
  18. 2006
    Annual accounts 200632,7 k €
  19. 20/10/1982
    IncorporationPrivate company with limited liability