ACTIVE

DR. PATRICK MICHIELS

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Financial year 2025 · Closed on 31/12/2025

Net result79,5 k €-15,8 %over 1 year
Gross margin151,3 k €-12,8 %over 1 year
Equity404,9 k €+1,7 %over 1 year

Identity

Source · BCE/KBO

DR. PATRICK MICHIELS is a Private limited company incorporated in 2001. Its registered office is in Westerlo.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.841.526
Incorporation
18/05/2001
Legal form
Private limited company
Registered office
Renderstraat 9
2260 Westerlo · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin151,3 k €173,5 k €117,5 k €100,8 k €120,5 k €
EBITDA147,3 k €169,4 k €114 k €97,8 k €117,3 k €
Operating result127,7 k €148,8 k €93,1 k €78,8 k €93,8 k €
Net result79,5 k €94,4 k €57,7 k €46,4 k €56 k €
Balance sheet
Equity404,9 k €398,3 k €369,4 k €312,7 k €267 k €
Total assets533,7 k €501,8 k €495,3 k €475,4 k €460,5 k €
Cash253,4 k €225,9 k €171,6 k €176,7 k €166,7 k €
Debts128,7 k €103,5 k €125,9 k €162,7 k €193,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriod
Patrick Michiels
Directorsince 07/05/2011Manager18/05/2001 → 2016 accountsended

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 date20/07/202629/07/202524/07/202418/07/202324/07/202202/07/2021
General meeting29/06/202630/06/202524/06/202426/06/202327/06/202228/06/2021
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
Micro model31/12/202529/06/202620/07/2026DutchPDF
Micro model31/12/202430/06/202529/07/2025DutchPDF
Micro model31/12/202324/06/202424/07/2024DutchPDF
Micro model31/12/202226/06/202318/07/2023DutchPDF
Micro model31/12/202127/06/202224/07/2022DutchPDF
Micro model31/12/202028/06/202102/07/2021DutchPDF
Micro model31/12/201929/06/202009/07/2020DutchPDF
Micro model31/12/201824/06/201904/07/2019DutchPDF
Micro model31/12/201730/06/201802/08/2018DutchPDF
Micro model31/12/201626/06/201705/07/2017DutchPDF
Abridged model31/12/201527/06/201615/07/2016DutchPDF
Abridged model31/12/201429/06/201510/07/2015DutchPDF
Abridged model31/12/201330/06/201403/10/2014DutchPDF
Abridged model31/12/201229/06/201330/10/2013DutchPDF
Abridged model31/12/201129/06/201228/08/2012DutchPDF
Abridged model31/12/201027/06/201129/08/2011DutchPDF
Abridged model31/12/200928/06/201031/08/2010DutchPDF
Abridged model31/12/200829/06/200930/09/2009DutchPDF
Abridged model31/12/200730/06/200829/08/2008DutchPDF
Abridged model31/12/200625/06/200728/09/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

1 active

Active mandates

DirectorMandates in this companyPeriod
Patrick Michiels
Directorsince 07/05/2011Manager18/05/2001 → 2016 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates11/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/09/2015
    Herbenoeming zaakvoerder
    PDF
  • Other14/09/2011
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Patrick Michiels
20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
DR. PATRICK MICHIELS
Renderstraat 9, 2260 Westerlo
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Renderstraat 9, 2260 WesterloCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00314818

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
DR. PATRICK MICHIELSCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00314818

Events

  1. 2025
    Annual accounts 202579,5 k €↓
  2. 2024
    Annual accounts 202494,4 k €↑
  3. 2023
    Annual accounts 202357,7 k €↑
  4. 2022
    Annual accounts 202246,4 k €↓
  5. 2021
    Annual accounts 202156 k €↓
  6. 2020
    Annual accounts 202063,2 k €↓
  7. 2019
    Annual accounts 201972 k €↑
  8. 2018
    Annual accounts 201865,4 k €↑
  9. 2017
    Annual accounts 201746,7 k €↑
  10. 2016
    Annual accounts 201634,8 k €↑
  11. 2015
    Annual accounts 2015-11,9 k €↓
  12. 2014
    Annual accounts 201491,5 k €↓
  13. 2013
    Annual accounts 2013153,3 k €↑
  14. 2012
    Annual accounts 201296,7 k €↓
  15. 2011
    Annual accounts 2011169,6 k €↓
  16. 2010
    Annual accounts 2010180,8 k €↓
  17. 2009
    Annual accounts 2009227,2 k €↑
  18. 2008
    Annual accounts 2008194,8 k €↑
  19. 2007
    Annual accounts 2007121,3 k €↑
  20. 2006
    Annual accounts 2006113,3 k €
  21. 18/05/2001
    IncorporationPrivate limited company