ACTIVE

KOEN MICHIELS HEALTH CARE MANAGEMENT

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Financial year 2025 · closed on 31/12/2025
Net result
81,7 k €
-33.0% YoY
Gross margin
170,2 k €
-18.5% YoY
Equity
315,3 k €
-38.4% YoY

What does KOEN MICHIELS HEALTH CARE MANAGEMENT do?

KOEN MICHIELS HEALTH CARE MANAGEMENT is a Private limited company incorporated in 2009. Its main activity is: Management consultancy activities. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0821.855.165
Incorporation
29/12/2009
Legal form
Private limited company
Registered office
Rue du Sceptre 4
1050 Ixelles · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021201820172016201520142013201220112010
Income statement
Gross margin170,2 k €208,7 k €170,5 k €160,3 k €141,7 k €121,2 k €39,1 k €48,1 k €102,3 k €105,9 k €156,1 k €147,5 k €102,5 k €120,8 k €
EBITDA154,5 k €207,5 k €163,5 k €159,6 k €134,7 k €120,7 k €38,6 k €38,1 k €88,4 k €98,5 k €155,2 k €146,6 k €102 k €119,5 k €
Operating result132 k €176,8 k €145,3 k €151,7 k €132,3 k €113,3 k €30,2 k €29,6 k €75,7 k €83,6 k €141,7 k €133 k €89,5 k €111,2 k €
Net result81,7 k €121,9 k €96,4 k €104,3 k €90,4 k €74,2 k €13,5 k €10,2 k €42,9 k €45,4 k €87,2 k €84,2 k €57,9 k €71 k €
Balance sheet
Equity315,3 k €511,5 k €435,4 k €426,7 k €322,4 k €113,3 k €39,1 k €25,5 k €15,3 k €15,2 k €74,8 k €77,6 k €73,4 k €15,4 k €
Total assets1,3 M €676,3 k €666,8 k €474,1 k €375,9 k €150,1 k €65,7 k €71 k €73,7 k €102,8 k €164,8 k €176,2 k €95,1 k €117,1 k €
Cash70,4 k €108,1 k €141,3 k €123,2 k €190,7 k €74,2 k €8 k €22,2 k €15,1 k €6,9 k €117,9 k €135,8 k €46,6 k €85,8 k €
Debts984 k €164,8 k €231,5 k €47,4 k €53,5 k €36,8 k €26,7 k €45,5 k €58,4 k €87,6 k €85,8 k €97,9 k €21,1 k €101,1 k €
Other
Workforce––––––––0,5 ETP0,4 ETP––––
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 31/12/2025 · 1 active · 2 ended

Active mandates

Koen Michiels

Director · since 29 décembre 2009

Active

Ended mandates

Koen Michiels

Manager · since 01 janvier 2010

Ended
Jozef Michiels Koen

Director · since 29 décembre 2009

Ended
At this address

Other companies at this address

CompanyCBE no.
Anguiano Sorribas● Active
1002.264.970
Association des copropriétaires de la Résidence Arboria, à Ixelles, rue du Sceptre 4● Active
1018.396.565
DMC Account● Active
0739.628.166
GROUPE ALIF● Active
0445.174.966
JAHSOLUTIONS● Active
0736.458.444
MD Xpertise● Active
1011.293.195
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date24/06/202625/06/202504/06/202423/06/202327/06/202228/06/2021
General meeting30/05/202631/05/202525/05/202427/05/202328/05/202229/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/05/202624/06/2026DutchPDF
Micro model31/12/202431/05/202525/06/2025DutchPDF
Micro model31/12/202325/05/202404/06/2024DutchPDF
Micro model31/12/202227/05/202323/06/2023DutchPDF
Micro model31/12/202128/05/202227/06/2022DutchPDF
Micro model31/12/202029/05/202128/06/2021DutchPDF
Micro model31/12/201930/05/202018/06/2020DutchPDF
Micro model31/12/201825/05/201912/06/2019DutchPDF
Micro model31/12/201726/05/201822/06/2018DutchPDF
Micro model31/12/201627/05/201722/06/2017DutchPDF
Abridged model31/12/201528/05/201627/06/2016DutchPDF
Abridged model31/12/201430/05/201526/06/2015DutchPDF
Abridged model31/12/201331/05/201401/07/2014DutchPDF
Abridged model31/12/201225/05/201317/06/2013DutchPDF
Abridged model31/12/201126/05/201221/06/2012DutchPDF
Abridged model31/12/201028/05/201124/06/2011DutchPDF
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 31/12/2025 · 1 active · 2 ended

Active mandates

Koen Michiels

Director · since 29 décembre 2009

Active

Ended mandates

Koen Michiels

Manager · since 01 janvier 2010

Ended
Jozef Michiels Koen

Director · since 29 décembre 2009

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office14/10/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/06/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other31/12/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2025
    Annual accounts 202581,7 k €↓
  2. 2024
    Annual accounts 2024121,9 k €↑
  3. 2023
    Annual accounts 202396,4 k €↓
  4. 2022
    Annual accounts 2022104,3 k €↑
  5. 2021
    Annual accounts 202190,4 k €↑
  6. 2021
    Name changeKOEN MICHIELS HCM
  7. 2018
    Annual accounts 201874,2 k €↑
  8. 2017
    Annual accounts 201713,5 k €↑
  9. 2016
    Annual accounts 201610,2 k €↓
  10. 2015
    Annual accounts 201542,9 k €↓
  11. 2014
    Annual accounts 201445,4 k €↓
  12. 2013
    Annual accounts 201387,2 k €↑
  13. 2012
    Annual accounts 201284,2 k €↑
  14. 2011
    Annual accounts 201157,9 k €↓
  15. 2010
    Annual accounts 201071 k €
  16. 2010
    Name changeKOEN MICHIELS HEALTH CARE MANAGEMENT
  17. 29/12/2009
    IncorporationPrivate limited company