ACTIVE

APOTHEEK MICHIELS

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Financial year 2025 · Closed on 31/12/2025

Net result118,9 k €-20,6 %over 1 year

Gross margin509,5 k €+10,7 %over 1 year

Equity1,6 M €+5,8 %over 1 year

Workforce4,8 ETP+23,1 %over 1 year

Identity

Source · BCE/KBO

APOTHEEK MICHIELS is a Private limited company incorporated in 1990. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Zoersel. It employs on average 4,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0442.751.352
Incorporation: 17/12/1990
Legal form: Private limited company
Registered office: Antwerpsedreef 2
2980 Zoersel · FlandreSee on map
Contributed capital: 500 000,00 €
Latest accounts: 31/12/2025
Average workforce: 4,8 ETP

Activities (NACE)

47730Dispensing chemist in specialised stores· main 47730Dispensing chemist in specialised stores 52310Warehousing and support activities for transportation

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	509,5 k €	+10.7%	460,2 k €	+4.0%	442,7 k €	+3.0%	429,7 k €	+21.6%	353,3 k €
EBITDA	232,1 k €	-10.5%	259,4 k €	+19.6%	216,9 k €	+0.3%	216,3 k €	+24.6%	173,7 k €
Operating result	165,4 k €	-11.6%	187,1 k €	+30.6%	143,2 k €	-3.2%	148 k €	-6.1%	157,6 k €
Net result	118,9 k €	-20.6%	149,7 k €	+14.7%	130,5 k €	+6.3%	122,7 k €	-8.2%	133,7 k €
Balance sheet
Equity	1,6 M €	+5.8%	1,5 M €	+4.7%	1,5 M €	+0.0%	1,5 M €	+7.1%	1,4 M €
Total assets	2,3 M €	+1.9%	2,2 M €	-4.7%	2,4 M €	+4.1%	2,3 M €	+16.3%	1,9 M €
Cash	359,8 k €	+35.4%	265,8 k €	-35.6%	412,8 k €	+37.8%	299,5 k €	-44.5%	539,8 k €
Debts	646,3 k €	-6.9%	693,9 k €	-20.7%	875,4 k €	+13.3%	772,6 k €	+36.4%	566,4 k €
Other
Workforce	4,8 ETP	+23.1%	3,9 ETP	-4.9%	4,1 ETP	+5.1%	3,9 ETP	+5.4%	3,7 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

1 active · 7 ended

Active mandates

PAUMEN-MICHIELS

Director · 0473.574.685

Represented by Heidi Michiels

Active

Ended mandates

Geert Paumen

Manager

Ended

Heidi Michiels

Director

Ended

Heidi Michiels

Manager

Ended

PAUMEN-MICHIELS

Manager · 0473.574.685

Represented by Geert Paumen

Ended

Other companies at this address

Antwerpsedreef 2 2980 Zoersel

Company	CBE no.
PAUMEN-MICHIELS● Active	0473.574.685
TP PHARMA● Active	1028.516.932

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	21/08/2025	25/07/2024	26/06/2023	30/08/2022	12/07/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	19/06/2023	19/06/2022	21/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	21/08/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	19/06/2023	26/06/2023	Dutch	PDF
Abridged model	31/12/2021	19/06/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	12/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	27/08/2020	Dutch	PDF
Abridged model	31/12/2018	17/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	18/06/2018	25/06/2018	Dutch	PDF
Abridged model	31/12/2016	19/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	21/08/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	17/06/2013	20/06/2013	Dutch	PDF
Abridged model	31/12/2011	18/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	20/06/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	16/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	17/06/2008	14/08/2008	Dutch	PDF
Abridged model	31/12/2006	19/06/2007	13/07/2007	Dutch	PDF

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

1 active · 7 ended

Active mandates

PAUMEN-MICHIELS

Director · 0473.574.685

Represented by Heidi Michiels

Active

Ended mandates

Geert Paumen

Manager

Ended

Heidi Michiels

Director

Ended

Heidi Michiels

Manager

Ended

PAUMEN-MICHIELS

Manager · 0473.574.685

Represented by Geert Paumen

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/03/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/11/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares27/12/2005
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025118,9 k €↓
2024
Annual accounts 2024149,7 k €↑
2023
Annual accounts 2023130,5 k €↑
2022
Annual accounts 2022122,7 k €↓
2021
Annual accounts 2021133,7 k €↓
2020
Annual accounts 2020139,4 k €↑
2019
Annual accounts 2019105,4 k €↑
2018
Annual accounts 201884,1 k €↑
2017
Annual accounts 201778,2 k €↓
2016
Annual accounts 2016112 k €↑
2015
Annual accounts 201599,8 k €↓
2014
Annual accounts 2014103,7 k €↑
2013
Annual accounts 201370,9 k €↑
2012
Annual accounts 201253,4 k €↓
2011
Annual accounts 201197,4 k €↓
2010
Annual accounts 2010139,3 k €↓
2009
Annual accounts 2009150,4 k €↑
2008
Annual accounts 2008117,5 k €↓
2007
Annual accounts 2007139,2 k €↑
2006
Annual accounts 2006123,1 k €
17/12/1990
IncorporationPrivate limited company

APOTHEEK MICHIELS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline