ACTIVE

MICHIELSEN DECORATIE

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Financial year 2025 · Closed on 31/12/2025

Net result30,7 k €-38,6 %over 1 year
Gross margin216,8 k €-11,1 %over 1 year
Equity307,6 k €+11,1 %over 1 year

Identity

Source · BCE/KBO

MICHIELSEN DECORATIE is a Private limited company incorporated in 1996. Its registered office is in Kapellen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.587.503
Incorporation
27/03/1996
Legal form
Private limited company
Registered office
Holleweg 44
2950 Kapellen · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Joint committees (6)
  • 00
  • 124
  • 1240
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin216,8 k €244 k €250,4 k €174,1 k €206,4 k €
EBITDA74,7 k €104,2 k €119,2 k €53,9 k €88,2 k €
Operating result50,4 k €80,5 k €90,8 k €27,3 k €62,6 k €
Net result30,7 k €49,9 k €59,6 k €14,9 k €47,5 k €
Balance sheet
Equity307,6 k €276,9 k €227 k €230 k €215,1 k €
Total assets585,4 k €622,4 k €630,8 k €570,1 k €583,1 k €
Cash248,7 k €267 k €221,9 k €168,9 k €192,1 k €
Debts277,7 k €345,5 k €403,9 k €340,1 k €368 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Benjamin Michielsen

Director · since 01 octobre 2014

Active
Jozef Michielsen

Director · since 27 mars 1996

Active

Ended mandates

Benjamin MICHIELSEN

Director

Ended
Benjamin MICHIELSEN

Manager

Ended
Jozef MICHIELSEN

Director

Ended
Jozef MICHIELSEN

Manager

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/06/202602/06/202526/07/202426/06/202302/08/202231/08/2021
General meeting21/05/202615/05/202516/05/202418/05/202319/05/202220/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202521/05/202603/06/2026DutchPDF
Micro model31/12/202415/05/202502/06/2025DutchPDF
Micro model31/12/202316/05/202426/07/2024DutchPDF
Micro model31/12/202218/05/202326/06/2023DutchPDF
Micro model31/12/202119/05/202202/08/2022DutchPDF
Micro model31/12/202020/05/202131/08/2021DutchPDF
Micro model31/12/201921/05/202007/07/2020DutchPDF
Micro model31/12/201816/05/201931/07/2019DutchPDF
Micro model31/12/201717/05/201823/08/2018DutchPDF
Micro model31/12/201618/05/201730/06/2017DutchPDF
Abridged model31/12/201519/05/201626/07/2016DutchPDF
Abridged model31/12/201421/05/201503/07/2015DutchPDF
Abridged model31/12/201315/05/201408/07/2014DutchPDF
Abridged model31/12/201216/05/201314/08/2013DutchPDF
Abridged model31/12/201118/05/201230/05/2012DutchPDF
Abridged model31/12/201019/05/201114/06/2011DutchPDF
Abridged model31/12/200920/05/201008/07/2010DutchPDF
Abridged model31/12/200822/05/200913/07/2009DutchPDF
Abridged model31/12/200715/05/200802/06/2008DutchPDF
Abridged model31/12/200618/05/200704/06/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Benjamin Michielsen

Director · since 01 octobre 2014

Active
Jozef Michielsen

Director · since 27 mars 1996

Active

Ended mandates

Benjamin MICHIELSEN

Director

Ended
Benjamin MICHIELSEN

Manager

Ended
Jozef MICHIELSEN

Director

Ended
Jozef MICHIELSEN

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/08/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/11/2014
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202530,7 k €↓
  2. 2024
    Annual accounts 202449,9 k €↓
  3. 2023
    Annual accounts 202359,6 k €↑
  4. 2022
    Annual accounts 202214,9 k €↓
  5. 2021
    Annual accounts 202147,5 k €↑
  6. 2020
    Annual accounts 202041,5 k €↑
  7. 2019
    Annual accounts 201924,6 k €↓
  8. 2018
    Annual accounts 201829,1 k €↑
  9. 2017
    Annual accounts 201717,6 k €↓
  10. 2016
    Annual accounts 201638,2 k €↑
  11. 2015
    Annual accounts 20155 k €↑
  12. 2014
    Annual accounts 2014-26,8 k €↓
  13. 2013
    Annual accounts 2013203 €↑
  14. 2012
    Annual accounts 2012-1,1 k €↓
  15. 2011
    Annual accounts 201128 k €↑
  16. 2010
    Annual accounts 20101 k €↓
  17. 2009
    Annual accounts 20091,1 k €↓
  18. 2008
    Annual accounts 200817,9 k €↑
  19. 2007
    Annual accounts 200713,9 k €↓
  20. 2006
    Annual accounts 200619,2 k €
  21. 27/03/1996
    IncorporationPrivate limited company