Gebroeders Michiels
0445.247.123 · rovalta.com · 26/09/2026
NORMAL SITUATION
Gebroeders Michiels
Company — Normal situation.
Strike-off: 07 août 2026
Financial year 2025 · Closed on 31/12/2025
Net result174,6 k €-11,8 %over 1 year
Revenue18,2 M €-12,3 %over 1 year
Equity1,5 M €+1,6 %over 1 year
Workforce6,1 ETP-12,9 %over 1 year
Overview
Identity
Source · BCE/KBOGebroeders Michiels is a Public limited company incorporated in 1991. It employs on average 6,1 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0445.247.123
- Incorporation
- 27/09/1991
- Legal form
- Public limited company
- Contributed capital
- 69 733,81 €
- Latest accounts
- 31/12/2025
- Average workforce
- 6,1 ETP
Joint committees (7)
- 119
- 1190
- 11900
- 200
- 2000
- 20000
- 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 18,2 M € | -12.3% | 20,7 M € | +1.1% | 20,5 M € | – | – | ||
| EBITDA | 298,3 k € | -12.9% | 342,5 k € | +5.0% | 326,2 k € | -45.8% | 601,4 k € | -6.0% | 640,1 k € |
| Operating result | 266,9 k € | -14.2% | 311,2 k € | +6.5% | 292,2 k € | -46.1% | 542 k € | -10.9% | 608,5 k € |
| Net result | 174,6 k € | -11.8% | 198,1 k € | -22.6% | 255,8 k € | -35.4% | 395,8 k € | -12.8% | 453,7 k € |
| Balance sheet | |||||||||
| Equity | 1,5 M € | +1.6% | 1,5 M € | +0.5% | 1,5 M € | +21.3% | 1,2 M € | -46.3% | 2,2 M € |
| Total assets | 2,8 M € | -10.5% | 3,1 M € | -5.0% | 3,3 M € | +13.6% | 2,9 M € | -20.2% | 3,6 M € |
| Cash | 399,9 k € | -31.2% | 581,1 k € | -33.7% | 876,5 k € | +39.0% | 630,4 k € | -66.6% | 1,9 M € |
| Debts | 1,3 M € | -21.1% | 1,7 M € | -9.3% | 1,8 M € | +8.1% | 1,7 M € | +21.4% | 1,4 M € |
| Other | |||||||||
| Workforce | 6,1 ETP | -12.9% | 7,0 ETP | +9.4% | 6,4 ETP | -49.6% | 12,7 ETP | +5.8% | 12,0 ETP |
Board of directors
Source · NBB, accounts to 31/12/20255 active · 21 ended
Active mandates
Ended mandates
Financials
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 | 19/06/2026 | 13/06/2025 | 14/06/2024 | 22/06/2023 | 01/07/2022 | 16/08/2021 |
| General meeting | 06/06/2026 | 07/06/2025 | 01/06/2024 | 03/06/2023 | 04/06/2022 | 05/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 06/06/2026 | 19/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 07/06/2025 | 13/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 01/06/2024 | 14/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 03/06/2023 | 22/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 04/06/2022 | 01/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 05/06/2021 | 16/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 24/08/2020 | 11/09/2020 | Dutch | |
| Abridged model | 31/12/2018 | 28/06/2019 | 28/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 02/06/2018 | 30/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 23/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 18/06/2016 | 11/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 27/06/2015 | 07/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 07/06/2014 | 03/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 29/06/2013 | 17/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/06/2012 | 13/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/06/2011 | 12/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 05/06/2010 | 05/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 13/06/2009 | 14/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 16/06/2008 | 14/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 20/06/2007 | 17/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20255 active · 21 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Restructuring17/08/2026Fusie door overneming - geruisloze fusie - notulen van de buitengewone
- Restructuring08/06/2026RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates30/12/2025ONTSLAGEN - BENOEMINGEN
- Mandates25/11/2022ONTSLAGEN - BENOEMINGEN
- Mandates30/09/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates17/02/2022ONTSLAGEN - BENOEMINGEN
- Mandates30/09/2019ONTSLAGEN - BENOEMINGEN
- Capital / shares23/01/2018KAPITAAL - AANDELEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025174,6 k €↓
- 2024Annual accounts 2024198,1 k €↓
- 2023Annual accounts 2023255,8 k €↓
- 2022Annual accounts 2022395,8 k €↓
- 2021Annual accounts 2021453,7 k €↑
- 2020Annual accounts 2020284,6 k €↑
- 2019Annual accounts 2019205,4 k €↓
- 2018Annual accounts 2018260,9 k €↑
- 2017Annual accounts 2017223,3 k €↑
- 2016Annual accounts 2016205,8 k €↑
- 2015Annual accounts 2015166,3 k €↓
- 2014Annual accounts 2014263,7 k €↑
- 2013Annual accounts 2013234,1 k €↑
- 2012Annual accounts 2012132,7 k €↓
- 2011Annual accounts 2011202,9 k €↑
- 2010Annual accounts 2010197,6 k €↑
- 2009Annual accounts 2009184,8 k €↑
- 2008Annual accounts 200899,6 k €↓
- 2007Annual accounts 2007176,5 k €↓
- 2006Annual accounts 2006200,6 k €
- 27/09/1991IncorporationPublic limited company