ACTIVE

MICHCOM

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Financial year 2025 · closed on 30/09/2025

Net result

35,6 k €

-36.4% YoY

Gross margin

53,1 k €

-34.5% YoY

Equity

132,7 k €

-32.6% YoY

What does MICHCOM do?

MICHCOM is a Private limited company incorporated in 2008. Its main activity is: Other information technology and computer service activities. Its registered office is in Geraardsbergen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0806.351.496

Incorporation

15/09/2008

Legal form

Private limited company

Registered office

Overraadstraat(Nie) 39
9506 Geraardsbergen · FlandreSee on map

Contributed capital

1,00 €

Latest accounts

30/09/2025

Activities (NACE)

62090Other information technology and computer service activities· main 62900Computer programming, consultancy and related activities 47400Retail sale of information and communication equipment in specialised stores 47420Retail sale of telecommunications equipment in specialised stores

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	53,1 k €	-34.5%	81,1 k €	+39.1%	58,3 k €	-16.9%	70,1 k €	+17.3%	59,8 k €	+142%	24,7 k €	+12.5%	21,9 k €	+1.5%	21,6 k €	+33.1%	16,2 k €	-29.9%	23,2 k €	+23.8%	18,7 k €	-12.8%	21,5 k €	+13.1%	19,0 k €	-1.5%	19,3 k €	-42.6%	33,5 k €	+123%	15,0 k €	-22.8%	19,5 k €
EBITDA	52,5 k €	-34.6%	80,2 k €	+39.7%	57,4 k €	-17.4%	69,5 k €	+22.0%	57,0 k €	+136%	24,2 k €	+13.6%	21,3 k €	+4.2%	20,4 k €	+31.5%	15,5 k €	-29.1%	21,9 k €	+22.9%	17,8 k €	-11.3%	20,1 k €	+12.0%	17,9 k €	-0.8%	18,1 k €	-38.0%	29,1 k €	+144%	11,9 k €	-34.8%	18,3 k €
Operating result	50,9 k €	-35.5%	78,9 k €	+40.8%	56,0 k €	-16.5%	67,1 k €	+23.1%	54,5 k €	+153%	21,5 k €	+10.5%	19,5 k €	+7.0%	18,2 k €	+29.3%	14,1 k €	-33.5%	21,2 k €	+64.7%	12,9 k €	-14.9%	15,1 k €	+59.1%	9,5 k €	-29.3%	13,4 k €	-42.8%	23,5 k €	+312%	5,7 k €	-47.1%	10,8 k €
Net result	35,6 k €	-36.4%	56,1 k €	+43.5%	39,1 k €	-20.2%	49,0 k €	+31.3%	37,3 k €	+176%	13,5 k €	+18.0%	11,4 k €	+22.7%	9,3 k €	+24.2%	7,5 k €	-43.9%	13,4 k €	+96.4%	6,8 k €	+117%	3,1 k €	-30.3%	4,5 k €	-41.2%	7,7 k €	+240%	-5,5 k €	-624%	-756,0 €	-112%	6,5 k €
Balance sheet
Equity	132,7 k €	-32.6%	196,7 k €	+29.7%	151,6 k €	+24.7%	121,6 k €	+20.9%	100,5 k €	+37.3%	73,2 k €	+22.6%	59,7 k €	+13.2%	52,8 k €	+21.5%	43,4 k €	+20.9%	35,9 k €	+59.4%	22,5 k €	+20.4%	18,7 k €	-13.2%	21,6 k €	+26.4%	17,1 k €	+81.4%	9,4 k €	-36.7%	14,9 k €	-13.7%	17,3 k €
Total assets	237,5 k €	+9.8%	216,3 k €	+28.0%	168,9 k €	+10.4%	153,0 k €	+11.5%	137,2 k €	+79.7%	76,4 k €	+12.8%	67,7 k €	-2.0%	69,0 k €	+34.8%	51,2 k €	+5.0%	48,8 k €	-7.6%	52,8 k €	-0.8%	53,2 k €	-11.7%	60,3 k €	+33.3%	45,2 k €	+8.7%	41,6 k €	+1.5%	41,0 k €	-12.0%	46,5 k €
Cash	182,4 k €	-3.0%	188,0 k €	+28.2%	146,7 k €	+9.7%	133,7 k €	+16.4%	114,9 k €	+123%	51,4 k €	+80.5%	28,5 k €	-6.3%	30,4 k €	+15.3%	26,4 k €	+22.5%	21,5 k €	+43.6%	15,0 k €	+27.7%	11,7 k €	+101%	5,9 k €	-65.7%	17,1 k €	+223%	5,3 k €	-45.4%	9,7 k €	-22.2%	12,4 k €
Debts	104,8 k €	+435%	19,6 k €	+13.2%	17,3 k €	-44.9%	31,4 k €	-14.4%	36,7 k €	+1070%	3,1 k €	-60.6%	8,0 k €	-51.1%	16,3 k €	+109%	7,8 k €	-39.5%	12,9 k €	-57.5%	30,2 k €	-12.4%	34,5 k €	-10.8%	38,7 k €	+37.5%	28,1 k €	-6.6%	30,1 k €	+15.4%	26,1 k €	-10.9%	29,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 3 ended

Active mandates

Michaell Hadim

Director

Active

Ended mandates

MICHAEL HADIM

Director · since 08 septembre 2008

Ended

MICHAEL HADIM

Administrator - manager · since 08 septembre 2008

Ended

MICHAEL HADIM

Manager · since 08 septembre 2008

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/12/2025	14/03/2025	27/02/2024	01/03/2023	17/03/2022	22/02/2021
General meeting	17/12/2025	24/02/2025	26/02/2024	27/02/2023	28/02/2022	22/02/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	17/12/2025	18/12/2025	Dutch	PDF
Micro model	30/09/2024	24/02/2025	14/03/2025	Dutch	PDF
Micro model	30/09/2023	26/02/2024	27/02/2024	Dutch	PDF
Micro model	30/09/2022	27/02/2023	01/03/2023	Dutch	PDF
Micro model	30/09/2021	28/02/2022	17/03/2022	Dutch	PDF
Micro model	30/09/2020	22/02/2021	22/02/2021	Dutch	PDF
Micro model	30/09/2019	24/02/2020	24/02/2020	Dutch	PDF
Micro model	30/09/2018	25/02/2019	06/03/2019	Dutch	PDF
Micro model	30/09/2017	26/02/2018	07/03/2018	Dutch	PDF
Abridged model	30/09/2016	27/02/2017	02/03/2017	Dutch	PDF
Abridged model	30/09/2015	22/02/2016	23/02/2016	Dutch	PDF
Abridged model	30/09/2014	23/02/2015	05/03/2015	Dutch	PDF
Abridged model	30/09/2013	24/02/2014	29/04/2014	Dutch	PDF
Abridged model	30/09/2012	25/02/2013	08/03/2013	Dutch	PDF
Abridged model	30/09/2011	27/02/2012	14/03/2012	Dutch	PDF
Abridged model	30/09/2010	28/02/2011	10/03/2011	Dutch	PDF
Abridged model	30/09/2009	22/02/2010	11/03/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 1 active · 3 ended

Active mandates

Michaell Hadim

Director

Active

Ended mandates

MICHAEL HADIM

Director · since 08 septembre 2008

Ended

MICHAEL HADIM

Administrator - manager · since 08 septembre 2008

Ended

MICHAEL HADIM

Manager · since 08 septembre 2008

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202535,6 k €↓
2024
Annual accounts 202456,1 k €↑
2023
Annual accounts 202339,1 k €↓
2022
Annual accounts 202249,0 k €↑
2021
Annual accounts 202137,3 k €↑
2020
Annual accounts 202013,5 k €↑
2019
Annual accounts 201911,4 k €↑
2018
Annual accounts 20189,3 k €↑
2017
Annual accounts 20177,5 k €↓
2016
Annual accounts 201613,4 k €↑
2015
Annual accounts 20156,8 k €↑
2014
Annual accounts 20143,1 k €↓
2013
Annual accounts 20134,5 k €↓
2012
Annual accounts 20127,7 k €↑
2011
Annual accounts 2011-5,5 k €↓
2010
Annual accounts 2010-756,0 €↓
2009
Annual accounts 20096,5 k €
15/09/2008
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

MICHCOM

Overview

What does MICHCOM do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline