ACTIVE

Michiels

Financial year 2025 · Closed on 31/12/2025

Net result3,3 k €+235,1 %over 1 year
Gross margin5,5 k €+18 465,8 %over 1 year
Equity1,5 k €+178,7 %over 1 year

Identity

Source · BCE/KBO

Michiels is a Cooperative company with limited liability incorporated in 1985. Its main activity is: Wholesale of other household goods. Its registered office is in Dessel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.883.331
Incorporation
11/06/1985
Legal form
Cooperative company with limited liability
Registered office
Kastelsedijk 42
2480 Dessel · FlandreSee on map
Contributed capital
2 231,04 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin5,5 k €29,5 €-13,2 k €-10,4 k €-14,4 k €
EBITDA5,3 k €-88,5 €-13,6 k €-10,6 k €-14,5 k €
Operating result3,8 k €-2,2 k €-15,1 k €-11,6 k €-14,7 k €
Net result3,3 k €-2,5 k €-15,5 k €-11,8 k €-14,3 k €
Balance sheet
Equity1,5 k €-1,9 k €602,9 €16,1 k €27,9 k €
Total assets411,9 k €364,9 k €384,7 k €365,7 k €338,1 k €
Cash35,7 k €3,3 k €4,5 k €18,4 k €13,1 k €
Debts410,4 k €366,7 k €384 k €349,6 k €310,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BENNY REYNDERS
Directorsince 11/06/1985Administrator - manager11/06/1985 → 2018 accountsendedManager2009 accountsended

Other companies at this address

Kastelsedijk 42 2480 Dessel
CompanyCBE no.
MICHIELS IMMO● Active
0450.870.351

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/09/202631/08/202529/08/202425/09/202324/08/202230/08/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
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 model31/12/202530/06/202630/09/2026DutchPDF
Abridged model31/12/202430/06/202531/08/2025DutchPDF
Abridged model31/12/202330/06/202429/08/2024DutchPDF
Abridged model31/12/202230/06/202325/09/2023DutchPDF
Abridged model31/12/202130/06/202224/08/2022DutchPDF
Abridged model31/12/202030/06/202130/08/2021DutchPDF
Abridged model31/12/201930/06/202031/08/2020DutchPDF
Abridged model31/12/201830/06/201929/08/2019DutchPDF
Abridged model31/12/201730/06/201820/08/2018DutchPDF
Abridged model31/12/201630/06/201722/08/2017DutchPDF
Abridged model31/12/201530/06/201626/08/2016DutchPDF
Abridged model31/12/201430/06/201527/07/2015DutchPDF
Abridged model31/12/201330/06/201410/09/2014DutchPDF
Abridged model31/12/201229/06/201327/08/2013DutchPDF
Abridged model31/12/201130/06/201228/08/2012DutchPDF
Abridged model31/12/201030/06/201130/08/2011DutchPDF
Abridged model31/12/200930/06/201002/08/2010DutchPDF
Abridged model31/12/200830/06/200924/12/2009DutchPDF
Abridged model31/12/200730/06/200829/08/2008DutchPDF
Abridged model31/12/200630/06/200724/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BENNY REYNDERS
Directorsince 11/06/1985Administrator - manager11/06/1985 → 2018 accountsendedManager2009 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/03/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/05/2003
    MAATSCHAPPELIJKE ZETEL
    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
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
BENNY REYNDERS
198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Michiels
Kastelsedijk 42, 2480 Dessel
DirectorAdministrator - manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kastelsedijk 42, 2480 DesselCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00549168

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MichielsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00549168

Events

  1. 2025
    Annual accounts 20253,3 k €↑
  2. 2024
    Annual accounts 2024-2,5 k €↑
  3. 2023
    Annual accounts 2023-15,5 k €↓
  4. 2022
    Annual accounts 2022-11,8 k €↑
  5. 2021
    Annual accounts 2021-14,3 k €↓
  6. 2020
    Annual accounts 2020-1,7 k €↑
  7. 2019
    Annual accounts 2019-15,2 k €↑
  8. 2018
    Annual accounts 2018-17,8 k €↓
  9. 2017
    Annual accounts 2017-2,2 k €↑
  10. 2016
    Annual accounts 2016-3,6 k €↓
  11. 2015
    Annual accounts 2015-1,6 k €↓
  12. 2014
    Annual accounts 20141,4 k €↑
  13. 2013
    Annual accounts 2013597,3 €↓
  14. 2012
    Annual accounts 20123,7 k €↓
  15. 2011
    Annual accounts 20115,4 k €↑
  16. 2010
    Annual accounts 20101,6 k €↓
  17. 2009
    Annual accounts 20099,1 k €↓
  18. 2008
    Annual accounts 200811,8 k €↑
  19. 2007
    Annual accounts 2007-4,7 k €↓
  20. 2006
    Annual accounts 20062 k €
  21. 11/06/1985
    IncorporationCooperative company with limited liability