ACTIVE

MICHIELS REAL ESTATE

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Financial year 2025 · Closed on 31/12/2025

Net result29,1 k €+640,6 %over 1 year
Gross margin10,2 k €+494,9 %over 1 year
Equity315,9 k €+10,1 %over 1 year

Identity

Source · BCE/KBO

MICHIELS REAL ESTATE is a Private limited company incorporated in 2008. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Zele.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0807.613.684
Incorporation
06/11/2008
Legal form
Private limited company
Registered office
Poldergotestraat 24
9240 Zele · FlandreSee on map
Contributed capital
418 872,00 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 17 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin10,2 k €-2,6 k €521,7 €-5 k €22,7 k €
EBITDA9,6 k €-3,2 k €5,6 €-5,6 k €22,1 k €
Operating result9,6 k €-3,2 k €5,6 €-5,6 k €22,1 k €
Net result29,1 k €-5,4 k €-2,5 k €-7,8 k €19,6 k €
Balance sheet
Equity315,9 k €286,8 k €292,2 k €294,8 k €302,5 k €
Total assets387 k €389,7 k €395 k €404 k €419,2 k €
Cash119,9 €72,7 €7,7 €20,5 €517,3 €
Debts71 k €82,8 k €84,5 k €92,7 k €101,9 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Bart Michiels

Director · since 04 novembre 2019

Active
Katrien Michiels

Director · since 04 novembre 2019

Active

Ended mandates

Bart Michiels

Manager · since 28 mars 2017

Ended
Bart Michiels

Director

Ended
Bart Michiels

Manager

Ended
Katrien Michiels

Director

Ended

Other companies at this address

Poldergotestraat 24 9240 Zele
CompanyCBE no.
Group Michiels Advanced Materials● Active
0460.894.411
MICHIELS GROUP● Active
0643.660.920
UMISOL GROUP● Active
0476.117.174

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/05/202605/06/202510/07/202420/06/202323/06/202202/07/2021
General meeting15/05/202616/05/202525/06/202419/05/202320/05/202204/06/2021
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/05/202618/05/2026DutchPDF
Abridged model31/12/202416/05/202505/06/2025DutchPDF
Abridged model31/12/202325/06/202410/07/2024DutchPDF
Abridged model31/12/202219/05/202320/06/2023DutchPDF
Abridged model31/12/202120/05/202223/06/2022DutchPDF
Abridged model31/12/202004/06/202102/07/2021DutchPDF
Abridged model31/12/201908/09/202020/10/2020DutchPDF
Abridged model31/12/201828/06/201911/07/2019DutchPDF
Abridged model31/12/201718/05/201806/08/2018DutchPDF
Abridged model31/12/201622/06/201708/08/2017DutchPDF
Abridged model31/12/201520/05/201627/05/2016DutchPDF
Abridged model31/12/201415/05/201526/06/2015DutchPDF
Abridged model31/12/201306/06/201408/07/2014DutchPDF
Abridged model31/12/201217/05/201307/06/2013DutchPDF
Abridged model31/12/201118/05/201206/08/2012DutchPDF
Abridged model31/12/201020/05/201107/06/2011DutchPDF
Abridged model31/12/200921/05/201024/06/2010DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

2 active · 5 ended

Active mandates

Bart Michiels

Director · since 04 novembre 2019

Active
Katrien Michiels

Director · since 04 novembre 2019

Active

Ended mandates

Bart Michiels

Manager · since 28 mars 2017

Ended
Bart Michiels

Director

Ended
Bart Michiels

Manager

Ended
Katrien Michiels

Director

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/11/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/08/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/04/2017
    BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other13/03/2013
    BENAMING
    PDF
  • Other17/11/2008
    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 202529,1 k €↑
  2. 2024
    Annual accounts 2024-5,4 k €↓
  3. 2023
    Annual accounts 2023-2,5 k €↑
  4. 2022
    Annual accounts 2022-7,8 k €↓
  5. 2021
    Annual accounts 202119,6 k €↑
  6. 2018
    Annual accounts 2018-24,2 k €↑
  7. 2017
    Annual accounts 2017-26,3 k €↓
  8. 2016
    Annual accounts 2016-503,7 €↓
  9. 2015
    Annual accounts 20151,5 k €↑
  10. 2014
    Annual accounts 2014-2 k €↑
  11. 2013
    Annual accounts 2013-3,7 k €↓
  12. 2012
    Annual accounts 2012-2,4 k €↑
  13. 2011
    Annual accounts 2011-2,5 k €↓
  14. 2010
    Annual accounts 2010-591,6 €↑
  15. 2009
    Annual accounts 2009-2,2 k €
  16. 06/11/2008
    IncorporationPrivate limited company