ACTIVE

Group Michiels Advanced Materials

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Financial year 2025 · Closed on 31/12/2025

Net result
7,5 k €
+104,9 %over 1 year
Gross margin
1,1 M €
+61,6 %over 1 year
Equity
820,2 k €
+0,9 %over 1 year
Workforce
5,3 ETP
+60,6 %over 1 year

Identity

Source · BCE/KBO

Group Michiels Advanced Materials is a Public limited company incorporated in 1997. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Zele. It employs on average 5,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.894.411
Incorporation
19/06/1997
Legal form
Public limited company
Registered office
Poldergotestraat 24
9240 Zele · FlandreSee on map
Contributed capital
1 767 342,01 €
Latest accounts
31/12/2025
Average workforce
5,3 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin1,1 M €673,2 k €945,2 k €990,1 k €2,4 M €
EBITDA626,7 k €402,9 k €690,3 k €698,4 k €2 M €
Operating result62,5 k €-156 k €102,7 k €99,4 k €1,4 M €
Net result7,5 k €-154,1 k €36,3 k €20,6 k €1,2 M €
Balance sheet
Equity820,2 k €812,6 k €966,7 k €930,4 k €909,8 k €
Total assets4,7 M €4,7 M €5,2 M €5,7 M €6,2 M €
Cash63,1 €479,3 €897,9 €937,6 €18,6 k €
Debts3,9 M €3,9 M €4,1 M €4,7 M €5,2 M €
Other
Workforce5,3 ETP3,3 ETP3,1 ETP3,8 ETP6,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 12 ended

Active mandates

Holger Loclair

Director · since 10 septembre 2024

Active
Jonas Kölsch

Director · since 10 septembre 2024

Active
Katrien Michiels

Managing director · since 10 septembre 2024

Active
Luc Michiels

Managing director · since 10 septembre 2024

Active

Ended mandates

Bart Michiels

Director · since 29 septembre 2023 · until 15 mai 2026

Ended
Katrien Michiels

Director · since 29 septembre 2023 · until 15 mai 2026

Ended
Luc Michiels

Managing director · since 29 septembre 2023 · until 15 mai 2026

Ended
ARPÉGO

Director · since 24 juillet 2020 · until 15 mai 2026 · 0539.765.507

Represented by Pierre Joris

Ended

Other companies at this address

Poldergotestraat 24 9240 Zele
CompanyCBE no.
MICHIELS GROUP● Active
0643.660.920
MICHIELS REAL ESTATE● Active
0807.613.684
UMISOL GROUP● Active
0476.117.174

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date03/04/202622/05/202512/07/202430/06/202317/06/202205/07/2021
General meeting06/03/202628/04/202528/06/202406/06/202325/05/202207/06/2021
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
Abridged model31/12/202506/03/202603/04/2026DutchPDF
Abridged model31/12/202428/04/202522/05/2025DutchPDF
Abridged model31/12/202328/06/202412/07/2024DutchPDF
Abridged model31/12/202206/06/202330/06/2023DutchPDF
Abridged model31/12/202125/05/202217/06/2022DutchPDF
Abridged model31/12/202007/06/202105/07/2021DutchPDF
Abridged model31/12/201924/07/202017/08/2020DutchPDF
Abridged model31/12/201824/05/201915/07/2019DutchPDF
Abridged model31/12/201718/05/201830/08/2018DutchPDF
Abridged model31/12/201619/05/201708/08/2017DutchPDF
Abridged model31/12/201520/05/201627/05/2016DutchPDF
Abridged model31/12/201415/05/201526/06/2015DutchPDF
Abridged model30/06/201310/12/201327/12/2013DutchPDF
Abridged model30/06/201218/12/201213/02/2013DutchPDF
Abridged model30/06/201113/12/201115/02/2012DutchPDF
Abridged model30/06/201014/12/201014/02/2011DutchPDF
Abridged model30/06/200908/12/200928/01/2010DutchPDF
Abridged model30/06/200809/12/200813/02/2009DutchPDF
Abridged model30/06/200711/12/200729/02/2008DutchPDF
Abridged model30/06/200612/12/200622/02/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 12 ended

Active mandates

Holger Loclair

Director · since 10 septembre 2024

Active
Jonas Kölsch

Director · since 10 septembre 2024

Active
Katrien Michiels

Managing director · since 10 septembre 2024

Active
Luc Michiels

Managing director · since 10 septembre 2024

Active

Ended mandates

Bart Michiels

Director · since 29 septembre 2023 · until 15 mai 2026

Ended
Katrien Michiels

Director · since 29 septembre 2023 · until 15 mai 2026

Ended
Luc Michiels

Managing director · since 29 septembre 2023 · until 15 mai 2026

Ended
ARPÉGO

Director · since 24 juillet 2020 · until 15 mai 2026 · 0539.765.507

Represented by Pierre Joris

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares04/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
    PDF
  • Mandates23/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2020
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Capital / shares19/12/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    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 20257,5 k €↑
  2. 2024
    Annual accounts 2024-154,1 k €↓
  3. 2023
    Annual accounts 202336,3 k €↑
  4. 2022
    Annual accounts 202220,6 k €↓
  5. 2021
    Annual accounts 20211,2 M €↑
  6. 2020
    Annual accounts 2020-355,3 k €↑
  7. 2018
    Annual accounts 2018-601,6 k €↓
  8. 2017
    Annual accounts 2017-191,3 k €↓
  9. 2016
    Annual accounts 2016-29,7 k €↓
  10. 2015
    Annual accounts 2015-24,2 k €↓
  11. 2014
    Annual accounts 201414,6 k €↑
  12. 2013
    Annual accounts 2013-2,8 k €↑
  13. 2012
    Annual accounts 2012-4,6 k €↑
  14. 2011
    Annual accounts 2011-20,3 k €↓
  15. 2010
    Annual accounts 201023,6 k €↑
  16. 2009
    Annual accounts 200915,1 k €↑
  17. 2008
    Annual accounts 200813,7 k €↓
  18. 2007
    Annual accounts 200726,4 k €
  19. 19/06/1997
    IncorporationPublic limited company