ACTIVE

MICHEL

Financial year 2024 · closed on 31/12/2024
Net result
76,4 k €
+71.2% YoY
Gross margin
751,9 k €
+22.4% YoY
Equity
621,8 k €
+14.0% YoY
Workforce
8,4 ETP
-5.6% YoY

What does MICHEL do?

MICHEL is a Public limited company incorporated in 1991. Its registered office is in Haacht. It employs on average 8,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.031.437
Incorporation
19/12/1991
Legal form
Public limited company
Registered office
Bessemhoefweg 4
3150 Haacht · FlandreSee on map
Contributed capital
242 000,00 €
Latest accounts
31/12/2024
Average workforce
8,4 ETP
Joint committees (2)
  • 119
  • 201
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin751,9 k €614,5 k €283 k €496,2 k €377,9 k €375,9 k €172,3 k €262,2 k €329,1 k €404,2 k €282,4 k €298,7 k €240,2 k €231 k €393,7 k €164,6 k €240,4 k €146,7 k €164,5 k €
EBITDA178,2 k €81,3 k €9,5 k €247,1 k €146,8 k €98,5 k €-147,6 k €22,3 k €84,2 k €123,6 k €-63,5 €53,9 k €35,3 k €24,3 k €188 k €13,5 k €91,9 k €89,7 k €114,9 k €
Operating result119,1 k €56,9 k €-37,3 k €201,8 k €102,4 k €44,1 k €-197,5 k €-4,5 k €46,1 k €72,4 k €-44,6 k €5,7 k €-21,5 k €-43,6 k €123,2 k €-23,1 k €61,2 k €45,8 k €59 k €
Net result76,4 k €44,6 k €-42,5 k €124,5 k €122,3 k €37,3 k €-201,5 k €-8,9 k €28,5 k €71,9 k €-33 k €2,4 k €-16,2 k €-27,5 k €139,7 k €16,2 k €61,3 k €37,6 k €46,8 k €
Balance sheet
Equity621,8 k €545,4 k €500,8 k €543,3 k €490,7 k €368,4 k €331 k €532,5 k €541,5 k €513 k €441,1 k €294,1 k €491,7 k €507,8 k €535,3 k €495,6 k €479,5 k €418,1 k €380,5 k €
Total assets1,5 M €1,3 M €1,2 M €1 M €937,9 k €832,6 k €851,9 k €889 k €922,9 k €792,1 k €788,9 k €871,7 k €771,3 k €796,3 k €847,3 k €661,1 k €647,6 k €557,3 k €586,4 k €
Cash98,6 k €45,7 k €58 k €258,7 k €243,3 k €185,5 k €186,8 k €179,9 k €211,2 k €123,4 k €118,7 k €125,6 k €130,9 k €117,8 k €70,5 k €70 k €204,4 k €99,1 k €71,6 k €
Debts769,3 k €413,1 k €227 k €464,1 k €237,2 k €288,4 k €336,2 k €137,5 k €166,6 k €181,4 k €142,2 k €344 k €278,4 k €212,5 k €251,2 k €37,1 k €106,9 k €68,3 k €203,3 k €
Other
Workforce8,4 ETP8,9 ETP5,1 ETP4,3 ETP4,1 ETP4,9 ETP5,1 ETP4,1 ETP5,2 ETP5,5 ETP5,9 ETP4,8 ETP4,3 ETP4,5 ETP4,7 ETP3,7 ETP2,6 ETP2,0 ETP1,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 11 ended

Active mandates

Sanne Aesseloos

Director

Active
Stefan Bosmans

Director

Active

Ended mandates

Sanne Aesseloos

Director · since 15 août 2016

Ended
Stefaan Bosmans

Managing director · since 15 août 2016

Ended
Stefan Bosmans

Director · since 13 avril 2011

Ended
Stefaan Bosmans

Director · since 01 avril 2011

Ended
At this address

Other companies at this address

CompanyCBE no.
BOSMANS FRUITActive
0450.612.015
VALCKENIERActive
0879.861.165
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/11/202529/11/202422/09/202314/10/202205/11/202130/10/2020
General meeting02/05/202502/05/202404/05/202305/05/202206/05/202116/07/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202402/05/202506/11/2025DutchPDF
Abridged model31/12/202302/05/202429/11/2024DutchPDF
Abridged model31/12/202204/05/202322/09/2023DutchPDF
Abridged model31/12/202105/05/202214/10/2022DutchPDF
Abridged model31/12/202006/05/202105/11/2021DutchPDF
Abridged model31/12/201916/07/202030/10/2020DutchPDF
Abridged model31/12/201802/05/201921/08/2019DutchPDF
Abridged model31/12/201703/05/201829/08/2018DutchPDF
Abridged model31/12/201604/05/201704/08/2017DutchPDF
Abridged model31/12/201506/05/201626/08/2016DutchPDF
Abridged model31/12/201407/05/201526/08/2015DutchPDF
Abridged model31/12/201302/05/201427/08/2014DutchPDF
Abridged model31/12/201202/05/201330/08/2013DutchPDF
Abridged model31/12/201103/05/201227/08/2012DutchPDF
Abridged model31/12/201005/05/201124/08/2011DutchPDF
Abridged model31/12/200906/05/201013/08/2010DutchPDF
Abridged model31/12/200807/05/200927/07/2009DutchPDF
Abridged model31/12/200702/05/200830/07/2008DutchPDF
Abridged model31/12/200603/05/200721/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 11 ended

Active mandates

Sanne Aesseloos

Director

Active
Stefan Bosmans

Director

Active

Ended mandates

Sanne Aesseloos

Director · since 15 août 2016

Ended
Stefaan Bosmans

Managing director · since 15 août 2016

Ended
Stefan Bosmans

Director · since 13 avril 2011

Ended
Stefaan Bosmans

Director · since 01 avril 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/10/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/04/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares28/01/2013
    KAPITAAL - AANDELEN - DIVERSEN
    PDF
  • Mandates18/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/11/2005
    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. 2024
    Annual accounts 202476,4 k €
  2. 2023
    Annual accounts 202344,6 k €
  3. 2022
    Annual accounts 2022-42,5 k €
  4. 2021
    Annual accounts 2021124,5 k €
  5. 2020
    Annual accounts 2020122,3 k €
  6. 2019
    Annual accounts 201937,3 k €
  7. 2018
    Annual accounts 2018-201,5 k €
  8. 2017
    Annual accounts 2017-8,9 k €
  9. 2016
    Annual accounts 201628,5 k €
  10. 2015
    Annual accounts 201571,9 k €
  11. 2014
    Annual accounts 2014-33 k €
  12. 2013
    Annual accounts 20132,4 k €
  13. 2012
    Annual accounts 2012-16,2 k €
  14. 2011
    Annual accounts 2011-27,5 k €
  15. 2010
    Annual accounts 2010139,7 k €
  16. 2009
    Annual accounts 200916,2 k €
  17. 2008
    Annual accounts 200861,3 k €
  18. 2007
    Annual accounts 200737,6 k €
  19. 2006
    Annual accounts 200646,8 k €
  20. 19/12/1991
    IncorporationPublic limited company