ACTIVE

MICHAUX

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Financial year 2024 · closed on 31/12/2024

Net result

4,2 k €

-41.2% YoY

Gross margin

8,6 k €

-34.4% YoY

Equity

56,9 k €

+8.1% YoY

What does MICHAUX do?

MICHAUX is a Public limited company incorporated in 1994. Its registered office is in Tubize.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.821.743

Incorporation

09/02/1994

Legal form

Public limited company

Registered office

Rue de l'Atelier 27
1480 Tubize · WallonieSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2024

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	8,6 k €	-34.4%	13,1 k €	-3.2%	13,5 k €	-0.5%	13,6 k €	+0.8%	13,5 k €	-2.2%	13,8 k €	+659%	1,8 k €	-71.9%	6,5 k €	+4102%	-162 €	+89.3%	-1,5 k €	-227%	1,2 k €	-99.1%	127,5 k €	+23.4%	103,3 k €	+6.1%	97,3 k €	+51.1%	64,4 k €	-45.6%	118,4 k €	+31.6%	90 k €	+22.1%	73,7 k €	-14.6%	86,3 k €
EBITDA	7,1 k €	-38.1%	11,5 k €	-6.0%	12,2 k €	-0.7%	12,3 k €	+0.8%	12,2 k €	-2.5%	12,5 k €	+148%	-26,2 k €	-533%	6,1 k €	+1287%	-510 €	+72.5%	-1,9 k €	-322%	836,4 €	-95.6%	19,1 k €	-59.6%	47,4 k €	-13.3%	54,6 k €	+193%	18,6 k €	-72.9%	68,9 k €	+63.5%	42,1 k €	+61.6%	26,1 k €	-8.5%	28,5 k €
Operating result	4,3 k €	-40.9%	7,3 k €	-9.2%	8 k €	-1.1%	8,1 k €	+1.3%	8 k €	-3.8%	8,3 k €	+127%	-30,5 k €	-1780%	1,8 k €	+138%	-4,7 k €	+22.1%	-6,1 k €	-79.2%	-3,4 k €	-193%	3,7 k €	-84.4%	23,6 k €	-27.2%	32,4 k €	+1124%	-3,2 k €	-107%	43 k €	+217%	13,5 k €	+169%	5 k €	-16.5%	6 k €
Net result	4,2 k €	-41.2%	7,2 k €	-9.3%	8 k €	+0.0%	8 k €	+2.0%	7,8 k €	+1.9%	7,7 k €	+125%	-30,5 k €	-2000%	1,6 k €	+113%	-12,5 k €	-107%	-6 k €	-77.4%	-3,4 k €	-273%	-912,5 €	-106%	14,1 k €	-32.7%	21 k €	+524%	3,4 k €	-87.1%	26 k €	+325%	6,1 k €	+485%	-1,6 k €	-146%	3,5 k €
Balance sheet
Equity	56,9 k €	+8.1%	52,6 k €	+15.9%	45,4 k €	+21.3%	37,4 k €	+27.0%	29,5 k €	+36.0%	21,7 k €	+54.5%	14 k €	-68.5%	44,5 k €	+3.7%	42,9 k €	-22.5%	55,4 k €	-9.8%	61,5 k €	-43.1%	108,1 k €	-0.8%	109 k €	+14.9%	94,9 k €	-21.2%	120,4 k €	+2.9%	117,1 k €	+28.6%	91 k €	+7.2%	84,9 k €	-1.8%	86,5 k €
Total assets	56,9 k €	+8.1%	52,6 k €	+15.9%	45,4 k €	+21.3%	37,4 k €	-5.4%	39,6 k €	-5.0%	41,7 k €	+6.8%	39 k €	-13.1%	44,9 k €	+0.7%	44,6 k €	-22.4%	57,5 k €	-6.4%	61,5 k €	-66.8%	185,4 k €	-10.7%	207,5 k €	-10.8%	232,5 k €	+22.0%	190,5 k €	-5.8%	202,2 k €	-8.5%	221 k €	+10.9%	199,2 k €	-3.9%	207,3 k €
Cash	46,2 k €	+18.1%	39,1 k €	+41.4%	27,7 k €	+90.5%	14,5 k €	+8.7%	13,4 k €	+19.1%	11,2 k €	+193%	3,8 k €	-30.2%	5,5 k €	+280%	1,4 k €	+188%	501 €	+157%	194,8 €	-99.2%	24,9 k €	-6.7%	26,7 k €	-51.8%	55,3 k €	+116%	25,6 k €	-20.5%	32,2 k €	+130%	14 k €	+45.1%	9,6 k €	+54.9%	6,2 k €
Debts	–		–		–		–		10,1 k €	-49.5%	20 k €	-20.0%	25 k €	+6360%	387 €	-77.1%	1,7 k €	-19.5%	2,1 k €		–		77,3 k €	-21.5%	98,5 k €	-28.4%	137,6 k €	+96.3%	70,1 k €	-17.7%	85,1 k €	-34.5%	130 k €	+13.7%	114,4 k €	-5.4%	120,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		3,2 ETP	+18.5%	2,7 ETP	+80.0%	1,5 ETP	+50.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-33.3%	1,5 ETP	-25.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

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

Active mandates

Investments, Loans and Consulting

Managing director · since 01 octobre 2024 · until 30 septembre 2030 · 0453.185.879

Represented by Thierry FRIX

Active

Chantal SCHUSTER

Director · since 01 avril 2023 · until 28 mai 2029

Active

Ended mandates

Investments, Loans and Consulting

Managing director · since 01 avril 2023 · until 28 mai 2029 · 0453.185.879

Represented by Benoit SIBILLE

Ended

Chantal SCHUSTER

Director · since 16 mars 2017 · until 31 mars 2023

Ended

Investments, Loans and Consulting

Managing director · since 16 mars 2017 · until 31 mars 2023 · 0453.185.879

Represented by Benoit SIBILLE

Ended

Samira HSSINOUI

Director · since 16 mars 2017 · until 31 mars 2023

Ended

At this address

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/07/2025	10/07/2024	14/11/2023	30/06/2022	23/06/2021	10/07/2020
General meeting	26/05/2025	27/05/2024	29/05/2023	30/05/2022	31/05/2021	25/05/2020
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	26/05/2025	08/07/2025	French	PDF
Abridged model	31/12/2023	27/05/2024	10/07/2024	French	PDF
Abridged model	31/12/2022	29/05/2023	14/11/2023	French	PDF
Abridged model	31/12/2021	30/05/2022	30/06/2022	French	PDF
Abridged model	31/12/2020	31/05/2021	23/06/2021	French	PDF
Abridged model	31/12/2019	25/05/2020	10/07/2020	French	PDF
Abridged model	31/12/2018	27/05/2019	01/07/2019	French	PDF
Abridged model	31/12/2017	03/01/2018	31/10/2018	French	PDF
Abridged model	31/12/2016	06/01/2017	12/01/2017	French	PDF
Abridged model	31/12/2015	30/05/2016	29/06/2016	French	PDF
Abridged model	31/12/2014	25/05/2015	24/06/2015	French	PDF
Abridged model	31/12/2013	26/05/2014	09/07/2014	French	PDF
Abridged model	31/12/2012	27/05/2013	26/06/2013	French	PDF
Abridged model	31/12/2011	28/05/2012	10/08/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	27/07/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	26/08/2010	French	PDF
Abridged modelCorrection	31/12/2008	25/05/2009	06/09/2009	French	PDF
Abridged model	31/12/2008	25/05/2009	28/08/2009	French	PDF
Abridged model	31/12/2007	26/05/2008	04/07/2008	French	PDF
Abridged model	31/12/2006	29/05/2007	27/06/2007	French	PDF

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.

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

Investments, Loans and Consulting

Managing director · since 01 octobre 2024 · until 30 septembre 2030 · 0453.185.879

Represented by Thierry FRIX

Active

Chantal SCHUSTER

Director · since 01 avril 2023 · until 28 mai 2029

Active

Ended mandates

Investments, Loans and Consulting

Managing director · since 01 avril 2023 · until 28 mai 2029 · 0453.185.879

Represented by Benoit SIBILLE

Ended

Chantal SCHUSTER

Director · since 16 mars 2017 · until 31 mars 2023

Ended

Investments, Loans and Consulting

Managing director · since 16 mars 2017 · until 31 mars 2023 · 0453.185.879

Represented by Benoit SIBILLE

Ended

Samira HSSINOUI

Director · since 16 mars 2017 · until 31 mars 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office09/12/2025
SIEGE SOCIAL, STATUTS (TRADUCTION, COORDINATION,
PDF
Mandates23/01/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates18/05/2017
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates04/08/2015
DEMISSIONS, NOMINATIONS
PDF
Restructuring18/04/2014
OBJET - CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring19/02/2014
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates27/10/2011
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other03/09/2007
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

2024
Annual accounts 20244,2 k €↓
2023
Annual accounts 20237,2 k €↓
2022
Annual accounts 20228 k €↑
2021
Annual accounts 20218 k €↑
2020
Annual accounts 20207,8 k €↑
2019
Annual accounts 20197,7 k €↑
2018
Annual accounts 2018-30,5 k €↓
2017
Annual accounts 20171,6 k €↑
2016
Annual accounts 2016-12,5 k €↓
2015
Annual accounts 2015-6 k €↓
2014
Annual accounts 2014-3,4 k €↓
2013
Annual accounts 2013-912,5 €↓
2012
Annual accounts 201214,1 k €↓
2011
Annual accounts 201121 k €↑
2010
Annual accounts 20103,4 k €↓
2009
Annual accounts 200926 k €↑
2008
Annual accounts 20086,1 k €↑
2007
Annual accounts 2007-1,6 k €↓
2006
Annual accounts 20063,5 k €
09/02/1994
IncorporationPublic 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

MICHAUX

Overview

What does MICHAUX 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