ACTIVE

MICHIELS GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

246,4 k €

+3418.7% YoY

Gross margin

390,9 k €

+175.6% YoY

Equity

998,3 k €

+22.1% YoY

What does MICHIELS GROUP do?

MICHIELS GROUP is a Private limited company incorporated in 2015. Its main activity is: Leasing of intellectual property and similar products, except copyrighted works. Its registered office is in Zele.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0643.660.920

Incorporation

27/11/2015

Legal form

Private limited company

Registered office

Poldergotestraat 24
9240 Zele · FlandreSee on map

Contributed capital

22 365,00 €

Latest accounts

31/12/2025

Activities (NACE)

77400Leasing of intellectual property and similar products, except copyrighted works· main 77400Leasing of intellectual property and similar products, except copyrighted works

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2018		2017
Income statement
Gross margin	390,9 k €	+176%	141,8 k €	-54.6%	312,2 k €	+85.5%	168,2 k €	-50.5%	340,2 k €	+650%	45,3 k €	+478%	7,8 k €
EBITDA	389,8 k €	+179%	139,9 k €	-55.0%	311,1 k €	+85.7%	167,5 k €	-50.7%	339,4 k €	+662%	44,6 k €	+530%	7,1 k €
Operating result	247,6 k €	+3099%	7,7 k €	-95.9%	189,6 k €	+440%	-55,8 k €	-120%	279,7 k €	+1307%	19,9 k €	+9986%	-201 €
Net result	246,4 k €	+3419%	7 k €	-96.3%	188,6 k €	+437%	-56 k €	-120%	279,5 k €	+1194%	21,6 k €	+8330%	-262,6 €
Balance sheet
Equity	998,3 k €	+22.1%	817,3 k €	-6.7%	875,7 k €	+16.4%	752,6 k €	-18.2%	919,8 k €	+1226%	69,4 k €	+45.2%	47,8 k €
Total assets	1,3 M €	+15.4%	1,1 M €	-5.8%	1,2 M €	+9.9%	1,1 M €	-17.5%	1,3 M €	+1118%	109,2 k €	+71.3%	63,8 k €
Cash	67,7 k €	+54842%	123,2 €	-99.3%	17 k €	-43.3%	30 k €	-90.3%	307,7 k €	+1817%	16,1 k €	+353%	3,5 k €
Debts	312 k €	-1.8%	317,7 k €	-3.7%	329,9 k €	-4.3%	344,7 k €	-16.1%	410,7 k €	+930%	39,9 k €	+149%	16 k €
Other
Workforce	–		–		0,0 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 9 ended

Active mandates

Holger Loclair

Director · since 10 septembre 2024

Active

Katrien MICHIELS

Managing director · since 10 septembre 2024

Active

Luc MICHIELS

Managing director · since 10 septembre 2024

Active

Jonas Kölsch

Director

Active

Ended mandates

Bart MICHIELS

Director · since 27 novembre 2015

Ended

Katrien MICHIELS

Director · since 27 novembre 2015

Ended

Luc MICHIELS

Director · since 27 novembre 2015

Ended

Bart Michiels

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Group Michiels Advanced Materials● Active	0460.894.411
MICHIELS REAL ESTATE● Active	0807.613.684
UMISOL GROUP● Active	0476.117.174

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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/04/2026	22/05/2025	12/07/2024	17/07/2023	22/06/2022	02/07/2021
General meeting	06/03/2026	28/04/2025	01/07/2024	30/06/2023	03/06/2022	04/06/2021
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/03/2026	03/04/2026	Dutch	PDF
Abridged model	31/12/2024	28/04/2025	22/05/2025	Dutch	PDF
Abridged model	31/12/2023	01/07/2024	12/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	22/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	02/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	20/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	11/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	06/08/2018	Dutch	PDF
Abridged model	31/12/2016	23/06/2017	07/08/2017	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 9 ended

Active mandates

Holger Loclair

Director · since 10 septembre 2024

Active

Katrien MICHIELS

Managing director · since 10 septembre 2024

Active

Luc MICHIELS

Managing director · since 10 septembre 2024

Active

Jonas Kölsch

Director

Active

Ended mandates

Bart MICHIELS

Director · since 27 novembre 2015

Ended

Katrien MICHIELS

Director · since 27 novembre 2015

Ended

Luc MICHIELS

Director · since 27 novembre 2015

Ended

Bart Michiels

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

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
Registered office16/09/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/11/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/08/2016
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/06/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other01/12/2015
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025246,4 k €↑
2024
Annual accounts 20247 k €↓
2023
Annual accounts 2023188,6 k €↑
2022
Annual accounts 2022-56 k €↓
2021
Annual accounts 2021279,5 k €↑
2018
Annual accounts 201821,6 k €↑
2017
Annual accounts 2017-262,6 €
27/11/2015
IncorporationPrivate 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

MICHIELS GROUP

Overview

What does MICHIELS GROUP do?

Trend over 7 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