Michiels
0446.730.728 · rovalta.com · 22/09/2026
ACTIVE
Michiels
Financial year 2025 · closed on 31/03/2025
Net result
5,8 k €
+161.1% YoY
Gross margin
53,2 k €
+69.9% YoY
Equity
122,1 k €
+5.0% YoY
Overview
What does Michiels do?
Michiels is a Private company with limited liability incorporated in 1992. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Tielt-Winge.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0446.730.728
Incorporation
28/02/1992
Legal form
Private company with limited liability
Registered office
Halensebaan 137
3390 Tielt-Winge · FlandreSee on map
3390 Tielt-Winge · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/03/2025
Activities (NACE)
43990Other specialised construction activities n.e.c.· main43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles43350Building completion and finishing43390Other building completion and finishing45450Sale, maintenance and repair of motorcycles and related parts and accessories+2
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 53,2 k € | +69.9% | 31,3 k € | +24.4% | 25,2 k € | -43.9% | 44,9 k € | +758% | 5,2 k € | -84.1% | 32,9 k € | -36.7% | 51,9 k € | -25.7% | 69,9 k € | +53.2% | 45,7 k € | +26.3% | 36,1 k € | +22.2% | 29,6 k € | +64.0% | 18 k € | -47.9% | 34,6 k € | +14.7% | 30,2 k € | +6.2% | 28,4 k € | +15.8% | 24,6 k € | +16.1% | 21,2 k € |
| EBITDA | 50,2 k € | +80.0% | 27,9 k € | +23.9% | 22,5 k € | -46.2% | 41,8 k € | +1236% | 3,1 k € | -90.3% | 32,4 k € | -34.9% | 49,7 k € | -28.4% | 69,5 k € | +55.7% | 44,6 k € | +27.5% | 35 k € | +23.7% | 28,3 k € | +79.7% | 15,7 k € | -53.5% | 33,9 k € | +15.1% | 29,4 k € | +6.1% | 27,8 k € | +15.8% | 24 k € | +22.8% | 19,5 k € |
| Operating result | 16,1 k € | +321% | -7,3 k € | +42.6% | -12,7 k € | -134% | 37,3 k € | +844% | -5 k € | -122% | 22,9 k € | -46.4% | 42,7 k € | -31.4% | 62,2 k € | +65.9% | 37,5 k € | +54.9% | 24,2 k € | +77.7% | 13,6 k € | +946% | 1,3 k € | -92.3% | 16,8 k € | +1658% | 956,6 € | +128% | 419,3 € | -87.4% | 3,3 k € | +93.5% | 1,7 k € |
| Net result | 5,8 k € | +161% | -9,5 k € | +68.6% | -30,1 k € | -218% | 25,5 k € | +311% | -12,1 k € | -217% | 10,3 k € | -57.0% | 24 k € | -32.0% | 35,4 k € | +35.6% | 26,1 k € | +130% | 11,3 k € | +3103% | 354,1 € | +102% | -21,8 k € | -344% | 8,9 k € | +5113% | 171,6 € | +84.2% | 93,2 € | -93.9% | 1,5 k € | -40.3% | 2,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 122,1 k € | +5.0% | 116,3 k € | -7.5% | 125,8 k € | -19.3% | 155,9 k € | +17.1% | 133,1 k € | -8.3% | 145,2 k € | +7.7% | 134,8 k € | +21.7% | 110,8 k € | +46.9% | 75,4 k € | +52.8% | 49,4 k € | +29.8% | 38 k € | +0.9% | 37,7 k € | -36.7% | 59,5 k € | +17.7% | 50,5 k € | +0.3% | 50,4 k € | +0.2% | 50,3 k € | +3.1% | 48,7 k € |
| Total assets | 343,8 k € | -12.7% | 393,9 k € | -3.7% | 409,1 k € | -9.3% | 451,2 k € | +9.9% | 410,6 k € | -4.6% | 430,2 k € | -3.5% | 446,1 k € | +3.3% | 431,6 k € | +2.9% | 419,4 k € | +0.3% | 418 k € | +1.7% | 410,9 k € | -3.0% | 423,8 k € | +320% | 100,9 k € | +14.8% | 87,9 k € | -3.8% | 91,3 k € | -23.1% | 118,7 k € | -3.1% | 122,6 k € |
| Cash | 8,4 k € | – | 0 € | -100% | 1,5 k € | -44.3% | 2,8 k € | -87.1% | 21,3 k € | +457% | 3,8 k € | -88.1% | 32,1 k € | +74.4% | 18,4 k € | +8491% | 214 € | -81.5% | 1,2 k € | -31.6% | 1,7 k € | -88.7% | 15 k € | +494% | 2,5 k € | -0.1% | 2,5 k € | -41.8% | 4,3 k € | +33.3% | 3,3 k € | ||
| Debts | 221,7 k € | -20.1% | 277,6 k € | +0.4% | 276,5 k € | -4.2% | 288,6 k € | +6.3% | 271,5 k € | -4.2% | 283,6 k € | -8.0% | 308,1 k € | -3.4% | 318,8 k € | -6.5% | 340,9 k € | -7.4% | 368,3 k € | -0.8% | 371,3 k € | -2.8% | 382,1 k € | +823% | 41,4 k € | +11.0% | 37,3 k € | -8.9% | 41 k € | -40.2% | 68,5 k € | -7.3% | 73,9 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,9 ETP | ||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 1 active · 3 ended
Active mandates
Marc Lucas Michiels
ActiveEnded mandates
Marc Michiels
EndedMarc Michiels
EndedMarc Michiels
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/10/2025 | 31/10/2024 | 28/11/2023 | 07/11/2022 | 03/11/2021 | 13/11/2020 |
| General meeting | 28/10/2025 | 31/10/2024 | 10/11/2023 | 03/11/2022 | 02/11/2021 | 12/11/2020 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/03/2025 | 28/10/2025 | 31/10/2025 | Dutch | |
| Micro model | 31/03/2024 | 31/10/2024 | 31/10/2024 | Dutch | |
| Micro model | 31/03/2023 | 10/11/2023 | 28/11/2023 | Dutch | |
| Micro model | 31/03/2022 | 03/11/2022 | 07/11/2022 | Dutch | |
| Micro model | 31/03/2021 | 02/11/2021 | 03/11/2021 | Dutch | |
| Micro model | 31/03/2020 | 12/11/2020 | 13/11/2020 | Dutch | |
| Micro model | 31/03/2019 | 09/09/2019 | 27/11/2019 | Dutch | |
| Micro model | 31/03/2018 | 10/09/2018 | 29/11/2018 | Dutch | |
| Micro model | 31/03/2017 | 11/09/2017 | 31/10/2017 | Dutch | |
| Abridged model | 31/03/2016 | 12/09/2016 | 08/11/2016 | Dutch | |
| Abridged model | 31/03/2015 | 14/09/2015 | 17/11/2015 | Dutch | |
| Abridged model | 31/03/2014 | 08/09/2014 | 21/11/2014 | Dutch | |
| Abridged model | 31/03/2013 | 09/09/2013 | 29/11/2013 | Dutch | |
| Abridged model | 31/03/2012 | 10/09/2012 | 30/11/2012 | Dutch | |
| Abridged model | 31/03/2011 | 12/09/2011 | 16/11/2011 | Dutch | |
| Abridged model | 31/03/2010 | 13/09/2010 | 15/11/2010 | Dutch | |
| Abridged model | 31/03/2009 | 14/09/2009 | 17/11/2009 | Dutch | |
| Abridged model | 31/03/2008 | 28/10/2008 | 28/11/2008 | Dutch | |
| Abridged model | 31/03/2007 | 24/09/2007 | 23/10/2007 | Dutch |
Valuation
Estimate
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.
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
Governance
Board of directors
Seen on filing of 31/03/2025 · 1 active · 3 ended
Active mandates
Marc Lucas Michiels
ActiveEnded mandates
Marc Michiels
EndedMarc Michiels
EndedMarc Michiels
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring03/06/2022DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring23/02/2022RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates14/12/2016ONTSLAGEN - BENOEMINGEN
- Mandates30/08/2016ONTSLAGEN - BENOEMINGEN
- Mandates29/04/2016ONTSLAGEN - BENOEMINGEN
- Capital / shares25/02/2004ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20255,8 k €↑
- 2024Annual accounts 2024-9,5 k €↑
- 2023Annual accounts 2023-30,1 k €↓
- 2022Annual accounts 202225,5 k €↑
- 2020Annual accounts 2020-12,1 k €↓
- 2019Annual accounts 201910,3 k €↓
- 2018Annual accounts 201824 k €↓
- 2017Annual accounts 201735,4 k €↑
- 2016Annual accounts 201626,1 k €↑
- 2015Annual accounts 201511,3 k €↑
- 2014Annual accounts 2014354,1 €↑
- 2013Annual accounts 2013-21,8 k €↓
- 2012Annual accounts 20128,9 k €↑
- 2011Annual accounts 2011171,6 €↑
- 2010Annual accounts 201093,2 €↓
- 2009Annual accounts 20091,5 k €↓
- 2008Annual accounts 20082,6 k €
- 28/02/1992IncorporationPrivate company with limited liability