ACTIVE

ONDERNEMING MICHIELS

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Financial year 2025 · closed on 31/12/2025

Net result

55,7 k €

-33.5% YoY

Gross margin

165,8 k €

-21.0% YoY

Equity

431,4 k €

+14.8% YoY

What does ONDERNEMING MICHIELS do?

ONDERNEMING MICHIELS is a Private limited company incorporated in 1993. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Overijse.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.497.188

Incorporation

12/10/1993

Legal form

Private limited company

Registered office

Terhulpensesteenweg 478
3090 Overijse · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

43221Plumbing, heat and air-conditioning installation· main 43221Plumbing, heat and air-conditioning installation 45332Sale of motor vehicle parts and accessories

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	165,8 k €	-21.0%	209,8 k €	+26.9%	165,4 k €	-47.4%	314,2 k €	+76.1%	178,5 k €	+46.9%	121,5 k €	+35.0%	90 k €	+35.0%	66,6 k €	-33.6%	100,4 k €	-7.5%	108,6 k €	+1.8%	106,6 k €	+22.6%	86,9 k €	+25.7%	69,1 k €	+27.4%	54,3 k €	+4.7%	51,8 k €	-6.1%	55,2 k €	+45.6%	37,9 k €	+6.5%	35,6 k €	-34.5%	54,4 k €
EBITDA	162,9 k €	-21.2%	206,6 k €	+27.2%	162,4 k €	-34.1%	246,6 k €	+96.4%	125,6 k €	+76.1%	71,3 k €	+70.4%	41,9 k €	-19.3%	51,9 k €	-2.8%	53,4 k €	-12.9%	61,3 k €	-7.1%	66 k €	+38.6%	47,6 k €	-16.7%	57,2 k €	+7.8%	53 k €	+4.7%	50,7 k €	-6.3%	54,1 k €	+46.7%	36,9 k €	+6.4%	34,6 k €	-35.1%	53,4 k €
Operating result	87,9 k €	-31.8%	128,8 k €	+32.8%	97 k €	-48.4%	187,8 k €	+108%	90,2 k €	+148%	36,4 k €	+3111%	1,1 k €	-87.7%	9,2 k €	-12.7%	10,6 k €	-17.3%	12,8 k €	-37.9%	20,6 k €	+152%	8,2 k €	-46.0%	15,1 k €	+109%	7,3 k €	-53.5%	15,6 k €	-18.7%	19,2 k €	+112%	9,1 k €	+177%	3,3 k €	-79.2%	15,8 k €
Net result	55,7 k €	-33.5%	83,7 k €	+37.3%	61 k €	-52.6%	128,7 k €	+85.4%	69,4 k €	+157%	27 k €	+2185%	1,2 k €	-83.1%	7 k €	+4.9%	6,7 k €	+7.0%	6,2 k €	-38.5%	10,2 k €	+695%	-1,7 k €	-148%	3,6 k €	+174%	-4,8 k €	-495%	1,2 k €	-81.7%	6,7 k €	+478%	-1,8 k €	+80.6%	-9,1 k €	-24384%	37,4 €
Balance sheet
Equity	431,4 k €	+14.8%	375,8 k €	+1.0%	372 k €	+19.6%	311 k €	+70.6%	182,4 k €	+61.5%	112,9 k €	+31.5%	85,9 k €	+1.4%	84,7 k €	+9.0%	77,7 k €	+9.4%	71 k €	+9.6%	64,8 k €	+18.6%	54,6 k €	-3.0%	56,3 k €	+6.8%	52,8 k €	-8.4%	57,6 k €	+2.2%	56,3 k €	+8.2%	52,1 k €	-4.4%	54,5 k €	-15.8%	64,7 k €
Total assets	742,7 k €	-10.9%	833,4 k €	+1.2%	823,6 k €	+6.7%	772,1 k €	+117%	355 k €	+29.5%	274,3 k €	+9.7%	249,9 k €	-15.4%	295,4 k €	-3.7%	306,9 k €	-8.5%	335,5 k €	+6.6%	314,8 k €	+11.7%	281,8 k €	-16.9%	339,1 k €	+4.0%	326 k €	-13.4%	376,5 k €	+6.0%	355 k €	+3.3%	343,7 k €	+3.7%	331,6 k €	-9.9%	368 k €
Cash	136,5 k €	+9.6%	124,6 k €	-8.7%	136,5 k €	-28.2%	190,2 k €	+115%	88,4 k €	+13.8%	77,6 k €	+68.5%	46,1 k €	-35.9%	71,8 k €	+29.3%	55,6 k €	+10.9%	50,1 k €	-3.5%	52 k €	+29.3%	40,2 k €	-9.7%	44,5 k €	+65.5%	26,9 k €	-63.5%	73,6 k €	+102%	36,4 k €	+56.2%	23,3 k €	-35.7%	36,2 k €	+175%	13,2 k €
Debts	311,3 k €	-31.5%	454,8 k €	+0.7%	451,6 k €	-1.8%	459,8 k €	+166%	172,7 k €	+7.1%	161,3 k €	-1.6%	164 k €	-22.2%	210,7 k €	-8.1%	229,2 k €	-13.3%	264,5 k €	+6.5%	248,4 k €	+9.3%	227,2 k €	-14.1%	264,4 k €	-2.5%	271,1 k €	-2.3%	277,5 k €	-6.1%	295,5 k €	+1.3%	291,6 k €	+5.2%	277,1 k €	-8.4%	302,6 k €

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 31/12/2025 · 1 active · 6 ended

Active mandates

BART PARQUIN

Administrator - manager

Active

Ended mandates

Bart Parquin

Manager · since 01 janvier 2012 · until 31 décembre 2017

Ended

Bart Parquin

Manager · since 01 janvier 2007 · until 31 décembre 2010

Ended

Bart Parquin

Manager · since 01 janvier 2007 · until 31 décembre 2012

Ended

BART PARQUIN

Director

Ended

At this address

Other companies at this address

Company	CBE no.
V.Q. RACING● Liquidation	0472.794.232

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro 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	29/05/2026	21/05/2025	01/07/2024	26/07/2023	23/06/2022	05/07/2021
General meeting	04/05/2026	07/05/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	29/05/2026	Dutch	PDF
Abridged model	31/12/2024	07/05/2025	21/05/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	01/07/2024	Dutch	PDF
Micro model	31/12/2022	16/06/2023	26/07/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	23/06/2022	Dutch	PDF
Micro model	31/12/2020	18/06/2021	05/07/2021	Dutch	PDF
Micro model	31/12/2019	19/06/2020	31/07/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	28/06/2018	Dutch	PDF
Micro model	31/12/2016	16/06/2017	19/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	20/08/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	03/09/2014	Dutch	PDF
Abridged model	31/12/2012	19/06/2013	02/08/2013	Dutch	PDF
Abridged model	31/12/2011	19/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	11/08/2011	Dutch	PDF
Abridged model	31/12/2009	17/06/2010	02/09/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	24/08/2009	Dutch	PDF
Abridged model	31/12/2007	18/06/2008	18/08/2008	Dutch	PDF
Abridged model	31/12/2006	20/06/2007	27/07/2007	Dutch	PDF

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 31/12/2025 · 1 active · 6 ended

Active mandates

BART PARQUIN

Administrator - manager

Active

Ended mandates

Bart Parquin

Manager · since 01 janvier 2012 · until 31 décembre 2017

Ended

Bart Parquin

Manager · since 01 janvier 2007 · until 31 décembre 2010

Ended

Bart Parquin

Manager · since 01 janvier 2007 · until 31 décembre 2012

Ended

BART PARQUIN

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/02/2007
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares06/07/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/06/2003
ONTSLAGEN - BENOEMINGEN - 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

2025
Annual accounts 202555,7 k €↓
2024
Annual accounts 202483,7 k €↑
2023
Annual accounts 202361 k €↓
2022
Annual accounts 2022128,7 k €↑
2021
Annual accounts 202169,4 k €↑
2020
Annual accounts 202027 k €↑
2019
Annual accounts 20191,2 k €↓
2018
Annual accounts 20187 k €↑
2017
Annual accounts 20176,7 k €↑
2016
Annual accounts 20166,2 k €↓
2015
Annual accounts 201510,2 k €↑
2014
Annual accounts 2014-1,7 k €↓
2013
Annual accounts 20133,6 k €↑
2012
Annual accounts 2012-4,8 k €↓
2011
Annual accounts 20111,2 k €↓
2010
Annual accounts 20106,7 k €↑
2009
Annual accounts 2009-1,8 k €↑
2008
Annual accounts 2008-9,1 k €↓
2007
Annual accounts 200737,4 €
12/10/1993
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ONDERNEMING MICHIELS

Overview

What does ONDERNEMING MICHIELS do?

Trend over 19 financial years

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