MICHIELSENS
0687.476.315 · rovalta.com · 24/09/2026
NORMAL SITUATION
MICHIELSENS
Company — Normal situation.
Financial year 2024 · Closed on 31/12/2024
Net result
2,5 M €
+254,3 %over 1 yearRevenue
29,9 M €
+6,6 %over 1 yearEquity
6,2 M €
+65,6 %over 1 yearWorkforce
153,5 ETP
-6,9 %over 1 yearOverview
Identity
Source · BCE/KBOMICHIELSENS is a company registered in Belgium. It employs on average 153,5 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0687.476.315
- Legal form
- Public limited company
- Contributed capital
- 6 000 000,00 €
- Latest accounts
- 31/12/2024
- Average workforce
- 153,5 ETP
Joint committees (2)
- 111
- 209
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 7 filingsTrend over 7 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 29,9 M € | +6.6% | 28,1 M € | -5.7% | 29,8 M € | +25.5% | 23,7 M € | +7.7% | 22 M € |
| EBITDA | 6,9 M € | +27.4% | 5,4 M € | -18.3% | 6,6 M € | +70.9% | 3,9 M € | -23.6% | 5 M € |
| Operating result | 3 M € | +162% | 1,2 M € | +549% | 178,1 k € | +107% | -2,5 M € | -52.3% | -1,6 M € |
| Net result | 2,5 M € | +254% | 696,8 k € | +489% | -179,2 k € | +93.5% | -2,8 M € | -27.6% | -2,2 M € |
| Balance sheet | |||||||||
| Equity | 6,2 M € | +65.6% | 3,8 M € | +22.7% | 3,1 M € | -5.5% | 3,2 M € | +14.8% | 2,8 M € |
| Total assets | 17,3 M € | -12.1% | 19,7 M € | -23.6% | 25,8 M € | +2.8% | 25,1 M € | -22.3% | 32,3 M € |
| Cash | 42,3 k € | -55.9% | 95,9 k € | -91.3% | 1,1 M € | +679% | 141 k € | +1414% | 9,3 k € |
| Debts | 11 M € | -30.6% | 15,8 M € | -29.8% | 22,6 M € | +4.7% | 21,6 M € | -26.2% | 29,2 M € |
| Other | |||||||||
| Workforce | 153,5 ETP | -6.9% | 164,9 ETP | -0.4% | 165,6 ETP | -1.4% | 167,9 ETP | -5.5% | 177,6 ETP |
Board of directors
Source · NBB, accounts to 31/12/20244 active · 6 ended
Active mandates
Yves Aertssen
ActiveGregorius Aertssen
ActiveSaskia Aertssen
ActiveWalter Wesenbeek
ActiveEnded mandates
Gregorius Aertssen
EndedTom Deckers
EndedSaskia Aertssen
EndedTom Deckers
EndedFinancials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 19/06/2025 | 24/06/2024 | 20/06/2023 | 23/06/2022 | 28/06/2021 | 01/07/2020 |
| General meeting | 02/06/2025 | 03/06/2024 | 01/06/2023 | 01/06/2022 | 01/06/2021 | 02/06/2020 |
| 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, 7 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2024 | 02/06/2025 | 19/06/2025 | Dutch | |
| Full model | 31/12/2023 | 03/06/2024 | 24/06/2024 | Dutch | |
| Full model | 31/12/2022 | 01/06/2023 | 20/06/2023 | Dutch | |
| Full model | 31/12/2021 | 01/06/2022 | 23/06/2022 | Dutch | |
| Full model | 31/12/2020 | 01/06/2021 | 28/06/2021 | Dutch | |
| Full model | 31/12/2019 | 02/06/2020 | 01/07/2020 | Dutch | |
| Full model | 31/12/2018 | 01/06/2019 | 02/07/2019 | Dutch |
Valuation
Indicative valuation
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 31/12/20244 active · 6 ended
Active mandates
Yves Aertssen
ActiveGregorius Aertssen
ActiveSaskia Aertssen
ActiveWalter Wesenbeek
ActiveEnded mandates
Gregorius Aertssen
EndedTom Deckers
EndedSaskia Aertssen
EndedTom Deckers
EndedOwnership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Dissolution27/01/2025RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring22/11/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates29/08/2024ONTSLAGEN - BENOEMINGEN
- Registered office19/03/2024MAATSCHAPPELIJKE ZETEL
- Mandates20/12/2021ONTSLAGEN - BENOEMINGEN
- Mandates07/10/2021ONTSLAGEN - BENOEMINGEN
- Mandates15/09/2021ONTSLAGEN - BENOEMINGEN
- Other14/07/2021STATUTEN (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
- 2024Annual accounts 20242,5 M €↑
- 2023Annual accounts 2023696,8 k €↑
- 2022Annual accounts 2022-179,2 k €↑
- 2021Annual accounts 2021-2,8 M €↓
- 2020Annual accounts 2020-2,2 M €↓
- 2019Annual accounts 2019-760,9 k €↓
- 2018Annual accounts 2018-254 k €