ACTIVE

BIJOUTERIE MICHEL

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Financial year 2025 · closed on 30/09/2025

Net result

582 k €

-24.3% YoY

Gross margin

1,1 M €

-23.7% YoY

Equity

4,7 M €

+14.1% YoY

Workforce

1,6 ETP

-38.5% YoY

What does BIJOUTERIE MICHEL do?

BIJOUTERIE MICHEL is a Public limited company incorporated in 1994. Its main activity is: Retail sale of watches and jewellery in specialised stores. Its registered office is in Charleroi. It employs on average 1,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.997.918

Incorporation

06/07/1994

Legal form

Public limited company

Registered office

Place Verte 29
6000 Charleroi · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

30/09/2025

Average workforce

1,6 ETP

Activities (NACE)

47770Retail sale of watches and jewellery in specialised stores· main 47770Retail sale of watches and jewellery in specialised stores 52484Warehousing and support activities for transportation

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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	1,1 M €	-23.7%	1,4 M €	-8.8%	1,5 M €	-13.5%	1,8 M €	-1.8%	1,8 M €	+148%	732,6 k €	-10.1%	814,8 k €	+11.9%	728,2 k €	+53.4%	474,9 k €	-18.9%	585,5 k €	+41.9%	412,5 k €	+21.7%	338,8 k €	-6.7%	363 k €	+11.8%	324,6 k €	+107%	156,6 k €	+3.6%	151,2 k €	+37.2%	110,2 k €	-22.0%	141,3 k €	+18.5%	119,3 k €
EBITDA	963,9 k €	-22.2%	1,2 M €	-7.4%	1,3 M €	-12.0%	1,5 M €	-5.1%	1,6 M €	+185%	562,9 k €	-10.1%	625,9 k €	+23.8%	505,6 k €	+11.8%	452,2 k €	+2.6%	440,9 k €	+106%	213,6 k €	+29.7%	164,7 k €	-5.3%	173,8 k €	+21.9%	142,6 k €	+55.9%	91,5 k €	-8.7%	100,2 k €	+64.4%	60,9 k €	-39.8%	101,3 k €	+294%	-52,2 k €
Operating result	863,5 k €	-23.9%	1,1 M €	-13.0%	1,3 M €	-13.7%	1,5 M €	+1.9%	1,5 M €	+189%	512,2 k €	-0.5%	514,9 k €	+223%	159,6 k €	-20.7%	201,4 k €	-46.4%	375,7 k €	+172%	138,3 k €	+65.0%	83,8 k €	-10.6%	93,7 k €	+105%	45,6 k €	+43.0%	31,9 k €	-52.9%	67,8 k €	+153%	26,8 k €	-66.4%	79,7 k €	+192%	-86,9 k €
Net result	582 k €	-24.3%	768,7 k €	-12.1%	874,8 k €	-21.0%	1,1 M €	+7.2%	1 M €	+189%	357,2 k €	+2.8%	347,5 k €	+294%	88,2 k €	-13.7%	102,1 k €	-56.7%	236 k €	+191%	81,1 k €	+65.4%	49 k €	-83.1%	290,2 k €	+1340%	20,1 k €	+21.5%	16,6 k €	-59.1%	40,6 k €	+283%	10,6 k €	-74.6%	41,8 k €	+10.2%	38 k €
Balance sheet
Equity	4,7 M €	+14.1%	4,1 M €	+22.8%	3,4 M €	+17.8%	2,9 M €	+35.6%	2,1 M €	+20.2%	1,8 M €	+13.4%	1,5 M €	+19.0%	1,3 M €	+7.3%	1,2 M €	+9.2%	1,1 M €	+27.0%	874,2 k €	+10.2%	793,1 k €	+6.6%	744,1 k €	+63.9%	453,9 k €	+4.6%	433,8 k €	+4.0%	417,2 k €	+10.8%	376,7 k €	+2.9%	366,1 k €	+12.9%	324,3 k €
Total assets	4,8 M €	+3.7%	4,7 M €	-0.5%	4,7 M €	+13.8%	4,1 M €	+7.3%	3,8 M €	+42.6%	2,7 M €	+8.9%	2,5 M €	+0.7%	2,4 M €	-7.0%	2,6 M €	+33.0%	2 M €	+1.1%	2 M €	-5.3%	2,1 M €	-0.2%	2,1 M €	-2.8%	2,1 M €	-3.3%	2,2 M €	+120%	1 M €	-3.4%	1 M €	-3.6%	1,1 M €	+1.2%	1,1 M €
Cash	2,5 M €	+134%	1,1 M €	-25.6%	1,4 M €	+14.2%	1,3 M €	+22.2%	1 M €	+37.4%	746,4 k €	+83.0%	407,8 k €	+240%	119,9 k €	+48.1%	81 k €	-63.6%	222,6 k €	+918%	21,9 k €	-58.8%	53,1 k €	-42.6%	92,6 k €	+123%	41,5 k €	-61.4%	107,6 k €	+109%	51,4 k €	+34.1%	38,3 k €	-53.9%	83 k €	+9.5%	75,8 k €
Debts	112,3 k €	-78.4%	520,3 k €	-60.3%	1,3 M €	+5.0%	1,2 M €	-26.7%	1,7 M €	+88.2%	906,5 k €	+2.4%	885,5 k €	-20.0%	1,1 M €	-19.3%	1,4 M €	+116%	634,2 k €	-25.1%	846,3 k €	-18.2%	1 M €	-4.6%	1,1 M €	-28.8%	1,5 M €	-5.7%	1,6 M €	+278%	428,3 k €	-16.1%	510,8 k €	-9.8%	566,3 k €	-5.7%	600,5 k €
Other
Workforce	1,6 ETP	-38.5%	2,6 ETP	-42.2%	4,5 ETP	-21.1%	5,7 ETP	-3.4%	5,9 ETP	+25.5%	4,7 ETP	-16.1%	5,6 ETP	+14.3%	4,9 ETP	+11.4%	4,4 ETP	+2.3%	4,3 ETP	-27.1%	5,9 ETP	+1.7%	5,8 ETP	+13.7%	5,1 ETP	-5.6%	5,4 ETP	+116%	2,5 ETP	+13.6%	2,2 ETP	+10.0%	2,0 ETP	+33.3%	1,5 ETP	+50.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 7 ended

Active mandates

Ferdinand ACCONCI

Managing director · since 22 décembre 2023 · until 22 décembre 2029

Active

Svitlana PACHINA

Director · since 22 décembre 2023 · until 22 décembre 2029

Active

Ended mandates

FERDINAND ACCONCI

Managing director · since 19 juillet 2017 · until 19 juillet 2023

Ended

SVITLANA PACHINA

Director · since 19 juillet 2017 · until 19 juillet 2023

Ended

SVITLANA PACHINA

Director · since 30 décembre 2011 · until 30 décembre 2017

Ended

Ferdinand ACCONCI

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
DECIMO● Active	0459.007.463

Annual accounts

Full financial information

	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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/03/2026	31/03/2025	14/04/2024	29/10/2022	04/04/2022	22/02/2021
General meeting	19/03/2026	20/03/2025	21/03/2024	28/10/2022	31/03/2022	19/02/2021
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	30/09/2025	19/03/2026	20/03/2026	French	PDF
Abridged model	30/09/2024	20/03/2025	31/03/2025	French	PDF
Abridged model	30/09/2023	21/03/2024	14/04/2024	French	PDF
Abridged model	30/09/2022	28/10/2022	29/10/2022	French	PDF
Abridged model	30/09/2021	31/03/2022	04/04/2022	French	PDF
Abridged model	30/09/2020	19/02/2021	22/02/2021	French	PDF
Abridged model	30/09/2019	21/02/2020	01/03/2020	French	PDF
Abridged model	30/09/2018	08/02/2019	09/02/2019	French	PDF
Abridged model	30/09/2017	26/02/2018	27/02/2018	French	PDF
Abridged model	30/09/2016	30/03/2017	31/03/2017	French	PDF
Abridged model	30/09/2015	05/02/2016	17/02/2016	French	PDF
Abridged model	30/09/2014	17/12/2014	30/12/2014	French	PDF
Abridged model	30/09/2013	25/03/2014	28/03/2014	French	PDF
Abridged model	30/09/2012	20/03/2013	20/03/2013	French	PDF
Abridged model	30/09/2011	21/03/2012	28/03/2012	French	PDF
Abridged model	30/09/2010	22/03/2011	25/03/2011	French	PDF
Abridged model	30/09/2009	15/03/2010	30/03/2010	French	PDF
Abridged model	30/09/2008	16/03/2009	18/03/2009	French	PDF
Abridged model	30/09/2007	12/03/2008	28/03/2008	French	PDF
Abridged model	30/09/2006	20/02/2007	02/03/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/09/2025 · 2 active · 7 ended

Active mandates

Ferdinand ACCONCI

Managing director · since 22 décembre 2023 · until 22 décembre 2029

Active

Svitlana PACHINA

Director · since 22 décembre 2023 · until 22 décembre 2029

Active

Ended mandates

FERDINAND ACCONCI

Managing director · since 19 juillet 2017 · until 19 juillet 2023

Ended

SVITLANA PACHINA

Director · since 19 juillet 2017 · until 19 juillet 2023

Ended

SVITLANA PACHINA

Director · since 30 décembre 2011 · until 30 décembre 2017

Ended

Ferdinand ACCONCI

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates24/02/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office04/10/2017
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Registered office22/06/2012
SIEGE SOCIAL - DIVERS
PDF
Mandates02/02/2012
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates26/03/2010
DEMISSIONS, NOMINATIONS
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 2025582 k €↓
2024
Annual accounts 2024768,7 k €↓
2023
Annual accounts 2023874,8 k €↓
2022
Annual accounts 20221,1 M €↑
2021
Annual accounts 20211 M €↑
2020
Annual accounts 2020357,2 k €↑
2019
Annual accounts 2019347,5 k €↑
2018
Annual accounts 201888,2 k €↓
2017
Annual accounts 2017102,1 k €↓
2016
Annual accounts 2016236 k €↑
2015
Annual accounts 201581,1 k €↑
2014
Annual accounts 201449 k €↓
2013
Annual accounts 2013290,2 k €↑
2012
Annual accounts 201220,1 k €↑
2011
Annual accounts 201116,6 k €↓
2010
Annual accounts 201040,6 k €↑
2009
Annual accounts 200910,6 k €↓
2008
Annual accounts 200841,8 k €↑
2007
Annual accounts 200738 k €
06/07/1994
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

BIJOUTERIE MICHEL

Overview

What does BIJOUTERIE MICHEL 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