NORMAL SITUATION

Gert Michels

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Financial year 2023 · closed on 30/09/2023

Net result

-8,7 k €

-25.2% YoY

Gross margin

1,1 k €

-84.6% YoY

Equity

38,2 k €

-18.6% YoY

Company — Normal situation.

What does Gert Michels do?

Gert Michels is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0806.777.902

Legal form

Private company with limited liability

Contributed capital

18 600,00 €

Latest accounts

30/09/2023

Joint committees (1)

Signals

Solid equityGood liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	1,1 k €	-84.6%	7,3 k €	-75.1%	29,3 k €	+67.5%	17,5 k €	+156%	6,8 k €	-84.3%	43,6 k €	+146%	17,8 k €	-51.6%	36,7 k €	-33.2%	54,9 k €	-14.9%	64,5 k €	+5.5%	61,1 k €	-10.8%	68,6 k €	-35.3%	105,9 k €	+31.0%	80,9 k €	-13.7%	93,8 k €
EBITDA	-859,7 €	+72.3%	-3,1 k €	-123%	13,7 k €	-17.0%	16,5 k €	+176%	6 k €	-75.4%	24,2 k €	+371%	5,1 k €	-84.5%	33,2 k €	-32.9%	49,5 k €	-17.6%	60,1 k €	+19.5%	50,3 k €	+8.1%	46,5 k €	+24.5%	37,3 k €	-2.9%	38,5 k €	-6.8%	41,3 k €
Operating result	-9,1 k €	-49.9%	-6,1 k €	-158%	10,5 k €	-18.7%	12,9 k €	+547%	2 k €	-21.6%	2,5 k €	+116%	-16,1 k €	-229%	12,5 k €	-47.9%	23,9 k €	-37.2%	38,1 k €	+110%	18,1 k €	+25.3%	14,5 k €	+146%	5,9 k €	-32.4%	8,7 k €	-49.6%	17,3 k €
Net result	-8,7 k €	-25.2%	-7 k €	-207%	6,5 k €	-39.9%	10,8 k €	+100499%	10,8 €	-99.1%	1,2 k €	+107%	-17,6 k €	-415%	5,6 k €	-59.8%	13,9 k €	+293%	-7,2 k €	-136%	20,1 k €	+269%	5,5 k €	+208%	-5 k €	-35.3%	-3,7 k €	-172%	5,2 k €
Balance sheet
Equity	38,2 k €	-18.6%	46,9 k €	-12.9%	53,8 k €	+13.8%	47,3 k €	+29.7%	36,5 k €	+0.0%	36,5 k €	+3.4%	35,3 k €	-33.3%	52,9 k €	+11.8%	47,3 k €	+41.5%	33,4 k €	-17.7%	40,6 k €	+98.4%	20,5 k €	+36.3%	15 k €	-25.1%	20,1 k €	-15.7%	23,8 k €
Total assets	83,4 k €	-13.8%	96,7 k €	-12.6%	110,7 k €	+6.0%	104,5 k €	-1.5%	106,1 k €	-18.8%	130,8 k €	+36.1%	96,1 k €	-39.0%	157,5 k €	+31.2%	120,1 k €	-7.2%	129,3 k €	-36.4%	203,3 k €	-4.5%	213 k €	-6.8%	228,5 k €	-13.9%	265,4 k €	+11.8%	237,4 k €
Cash	634,9 €	-98.7%	49,2 k €	-9.8%	54,5 k €	+25.3%	43,5 k €	+50.3%	28,9 k €	+1.5%	28,5 k €	+118%	13,1 k €	+12.1%	11,7 k €	-27.2%	16 k €	-20.7%	20,2 k €	-17.0%	24,3 k €	+16.9%	20,8 k €	+16.4%	17,9 k €	-43.2%	31,5 k €	-9.0%	34,6 k €
Debts	45,2 k €	-9.3%	49,9 k €	-12.4%	56,9 k €	-0.5%	57,2 k €	-17.9%	69,6 k €	-26.1%	94,3 k €	+55.7%	60,6 k €	-42.1%	104,5 k €	+43.8%	72,7 k €	-22.3%	93,6 k €	-41.6%	160,3 k €	-16.7%	192,4 k €	-9.8%	213,4 k €	-13.0%	245,4 k €	+14.9%	213,6 k €
Other
Workforce	–		–		–		–		–		–		–		0,1 ETP	-75.0%	0,4 ETP	+100%	0,2 ETP	-83.3%	1,2 ETP	+9.1%	1,1 ETP	-52.2%	2,3 ETP	+91.7%	1,2 ETP	-47.8%	2,3 ETP

Governance

Board of directors

Seen on filing of 30/09/2023 · 2 active · 2 ended

Active mandates

Bernard DE LOOF

Director

Active

STEVEN DE LOOF

Director

Active

Ended mandates

Gert Michels

Manager

Ended

Timothy Schoukens

Manager

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2022	01/10/2021	01/10/2020	01/10/2019	01/10/2018	01/10/2017
Closing of the financial year	30/09/2023	30/09/2022	30/09/2021	30/09/2020	30/09/2019	30/09/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/02/2024	28/04/2023	29/04/2022	31/03/2021	27/10/2020	29/01/2019
General meeting	12/12/2023	31/03/2023	31/03/2022	31/03/2021	31/03/2020	11/12/2018
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2023	12/12/2023	09/02/2024	Dutch	PDF
Micro model	30/09/2022	31/03/2023	28/04/2023	Dutch	PDF
Micro model	30/09/2021	31/03/2022	29/04/2022	Dutch	PDF
Micro model	30/09/2020	31/03/2021	31/03/2021	Dutch	PDF
Micro model	30/09/2019	31/03/2020	27/10/2020	Dutch	PDF
Micro model	30/09/2018	11/12/2018	29/01/2019	Dutch	PDF
Micro model	30/09/2017	12/12/2017	02/03/2018	Dutch	PDF
Abridged model	30/09/2016	13/12/2016	24/03/2017	Dutch	PDF
Abridged model	30/09/2015	08/12/2015	31/12/2015	Dutch	PDF
Abridged model	30/09/2014	09/12/2014	12/03/2015	Dutch	PDF
Abridged model	30/09/2013	10/12/2013	25/02/2014	Dutch	PDF
Abridged model	30/09/2012	11/12/2012	28/02/2013	Dutch	PDF
Abridged model	30/09/2011	13/12/2011	09/03/2012	Dutch	PDF
Abridged model	30/09/2010	14/12/2010	17/02/2011	Dutch	PDF
Abridged model	30/09/2009	08/12/2009	10/12/2009	Dutch	PDF

Estimate

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.

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 30/09/2023 · 2 active · 2 ended

Active mandates

Bernard DE LOOF

Director

Active

STEVEN DE LOOF

Director

Active

Ended mandates

Gert Michels

Manager

Ended

Timothy Schoukens

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution15/10/2024
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, 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

2023
Annual accounts 2023-8,7 k €↓
2022
Annual accounts 2022-7 k €↓
2022
Name changeMICHELS GERT
2021
Annual accounts 20216,5 k €↓
2021
Name changeGert Michels
2020
Annual accounts 202010,8 k €↑
2019
Annual accounts 201910,8 €↓
2018
Annual accounts 20181,2 k €↑
2017
Annual accounts 2017-17,6 k €↓
2016
Annual accounts 20165,6 k €↓
2015
Annual accounts 201513,9 k €↑
2014
Annual accounts 2014-7,2 k €↓
2013
Annual accounts 201320,1 k €↑
2012
Annual accounts 20125,5 k €↑
2011
Annual accounts 2011-5 k €↓
2010
Annual accounts 2010-3,7 k €↓
2009
Annual accounts 20095,2 k €

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

Gert Michels

Overview

What does Gert Michels do?

Trend over 15 financial years

Board of directors

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