ACTIVE

Michiel Desimpelaere

Financial year 2025 · Closed on 31/12/2025

Net result101,9 k €-70,7 %over 1 year
Gross margin244,4 k €-59,9 %over 1 year
Equity37,7 k €-92,0 %over 1 year
Workforce0,3 ETP+200,0 %over 1 year

Identity

Source · BCE/KBO

Michiel Desimpelaere is a Private limited company incorporated in 2019. Its main activity is: Electrical installation. Its registered office is in Moorslede. It employs on average 0,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0724.729.065
Incorporation
09/04/2019
Legal form
Private limited company
Registered office
Briekhoekstraat 16
8890 Moorslede · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
0,3 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20252024202320222021
Income statement
Gross margin244,4 k €610,1 k €239,6 k €151,3 k €147,8 k €
EBITDA226,1 k €588 k €234,6 k €150,8 k €144,4 k €
Operating result134,7 k €467,7 k €176,8 k €115,9 k €121,3 k €
Net result101,9 k €348 k €136,9 k €87,4 k €96,8 k €
Balance sheet
Equity37,7 k €472 k €354 k €218,7 k €132,8 k €
Total assets1,2 M €1,5 M €1,3 M €1,1 M €1,1 M €
Cash182 k €313,8 k €37,3 k €207,2 k €125,3 k €
Debts1,1 M €1 M €912,4 k €861,6 k €934,4 k €
Other
Workforce0,3 ETP0,1 ETP–––

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

Michiel Desimpelaere

Director

Active

Full financial information

Source · NBB
202520242023202220212019
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/07/202301/07/202201/07/202101/01/202009/04/2019
Closing of the financial year31/12/202531/12/202430/06/202330/06/202230/06/202131/12/2019
Length of the financial year12 months18 months12 months12 months18 months9 months
Filing date11/05/202627/06/202520/12/202321/12/202231/01/202226/07/2020
General meeting26/02/202613/06/202515/12/202316/12/202217/12/202127/06/2020
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/02/202611/05/2026DutchPDF
Abridged model31/12/202413/06/202527/06/2025DutchPDF
Abridged model30/06/202315/12/202320/12/2023DutchPDF
Micro model30/06/202216/12/202221/12/2022DutchPDF
Micro model30/06/202117/12/202131/01/2022DutchPDF
Micro model31/12/201927/06/202026/07/2020DutchPDF

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

Michiel Desimpelaere

Director

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other03/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office13/04/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/01/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other11/04/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025101,9 k €↓
  2. 2024
    Annual accounts 2024348 k €↑
  3. 2023
    Annual accounts 2023136,9 k €↑
  4. 2022
    Annual accounts 202287,4 k €↓
  5. 2021
    Annual accounts 202196,8 k €↑
  6. 2019
    Annual accounts 201919,1 k €
  7. 09/04/2019
    IncorporationPrivate limited company