VLASHANDEL L. MICHELS
0456.560.687 · rovalta.com · 25/09/2026
ACTIVE
VLASHANDEL L. MICHELS
Financial year 2025 · Closed on 30/09/2025
Net result388,1 k €-41,8 %over 1 year
Gross margin901,2 k €-37,8 %over 1 year
Equity3,1 M €+14,5 %over 1 year
Workforce3,5 ETP+40,0 %over 1 year
Overview
Identity
Source · BCE/KBOVLASHANDEL L. MICHELS is a Private limited company incorporated in 1995. Its main activity is: Growing of cereals (except rice), leguminous crops and oil seeds. Its registered office is in Deinze. It employs on average 3,5 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0456.560.687
- Incorporation
- 24/11/1995
- Legal form
- Private limited company
- Registered office
- Oude Heirbaan 6
9800 Deinze · FlandreSee on map - Contributed capital
- 19 000,00 €
- Latest accounts
- 30/09/2025
- Average workforce
- 3,5 ETP
Activities (NACE)
01110Growing of cereals (except rice), leguminous crops and oil seeds· main01110Growing of cereals (except rice), leguminous crops and oil seeds01110Growing of cereals (except rice), leguminous crops and oil seeds13100Preparation and spinning of textile fibres13100Preparation and spinning of textile fibres17140Manufacture of pulp, paper and paperboard
Joint committees (3)
- 14402
- 20000
- 20014
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 19 filingsTrend over 18 financial years
| 2025 | 2024 | 2022 | 2021 | 2019 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 901,2 k € | -37.8% | 1,4 M € | +178% | 520,4 k € | -27.1% | 713,6 k € | -24.2% | 940,9 k € |
| EBITDA | 762,7 k € | -40.8% | 1,3 M € | +189% | 446,3 k € | -31.7% | 653,5 k € | -27.3% | 898,5 k € |
| Operating result | 549,3 k € | -43.6% | 974,2 k € | +443% | 179,5 k € | -53.2% | 383,5 k € | -27.4% | 528 k € |
| Net result | 388,1 k € | -41.8% | 667,2 k € | +390% | 136,1 k € | -50.7% | 275,9 k € | -26.0% | 372,8 k € |
| Balance sheet | |||||||||
| Equity | 3,1 M € | +14.5% | 2,7 M € | +33.2% | 2 M € | -27.5% | 2,8 M € | +20.4% | 2,3 M € |
| Total assets | 3,3 M € | +9.0% | 3 M € | +39.3% | 2,2 M € | -26.8% | 3 M € | +3.9% | 2,9 M € |
| Cash | 857,8 k € | -39.8% | 1,4 M € | +220% | 445,2 k € | -66.2% | 1,3 M € | +242% | 384,5 k € |
| Debts | 229,5 k € | -35.3% | 354,4 k € | +107% | 171 k € | -17.5% | 207,2 k € | -63.4% | 565,3 k € |
| Other | |||||||||
| Workforce | 3,5 ETP | +40.0% | 2,5 ETP | +38.9% | 1,8 ETP | +12.5% | 1,6 ETP | +33.3% | 1,2 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationBoard of directors
Source · NBB, accounts to 30/09/20251 active · 2 ended
Active mandates
Lionel Michels
ActiveEnded mandates
Lionel Julien Michels
EndedLionel Michels
EndedOther companies at this address
Oude Heirbaan 6 9800 DeinzeFinancials
Full financial information
Source · NBB| 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/10/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 21 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 10/04/2026 | 25/04/2025 | 31/07/2023 | 30/08/2022 | 20/09/2021 | 19/08/2020 |
| General meeting | 28/03/2026 | 29/03/2025 | 29/06/2023 | 30/06/2022 | 16/09/2021 | 30/06/2020 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 19 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2025 | 28/03/2026 | 10/04/2026 | Dutch | |
| Abridged model | 30/09/2024 | 29/03/2025 | 25/04/2025 | Dutch | |
| Abridged model | 31/12/2022 | 29/06/2023 | 31/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 30/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 16/09/2021 | 20/09/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/06/2020 | 19/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 26/06/2019 | 25/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 02/06/2018 | 03/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 03/06/2017 | 26/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 04/06/2016 | 05/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 06/06/2015 | 02/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 07/06/2014 | 03/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 29/06/2013 | 26/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 28/08/2012 | 21/09/2012 | Dutch | |
| Abridged model | 31/12/2010 | 15/08/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 05/06/2010 | 03/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 06/06/2009 | 29/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/06/2008 | 28/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/06/2007 | 31/07/2007 | Dutch |
Valuation
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.
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
Board of directors
Source · NBB, accounts to 30/09/20251 active · 2 ended
Active mandates
Lionel Michels
ActiveEnded mandates
Lionel Julien Michels
EndedLionel Michels
EndedOwnership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Other30/10/2023DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates01/12/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
- Capital / shares25/03/2014KAPITAAL - AANDELEN
- Capital / shares03/05/2004ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025388,1 k €↓
- 2024Annual accounts 2024667,2 k €↑
- 2022Annual accounts 2022136,1 k €↓
- 2021Annual accounts 2021275,9 k €↓
- 2019Annual accounts 2019372,8 k €↑
- 2018Annual accounts 2018190,1 k €↑
- 2017Annual accounts 2017104,5 k €↓
- 2016Annual accounts 2016119,7 k €↑
- 2015Annual accounts 201571,1 k €↓
- 2014Annual accounts 2014202,1 k €↑
- 2013Annual accounts 2013138,6 k €↑
- 2012Annual accounts 2012120,5 k €↑
- 2011Annual accounts 201194,3 k €↑
- 2010Annual accounts 201084,8 k €↑
- 2009Annual accounts 2009-721,3 €↓
- 2008Annual accounts 200850,7 k €↓
- 2007Annual accounts 2007230,5 k €↑
- 2006Annual accounts 200664,7 k €
- 24/11/1995IncorporationPrivate limited company