Michiels Projects & Management
0832.444.694 · rovalta.com · 23/09/2026
ACTIVE
Michiels Projects & Management
Financial year 2025 · closed on 31/12/2025
Net result
30,6 k €
+3.3% YoY
Gross margin
85,1 k €
-0.1% YoY
Equity
324,5 k €
-2.5% YoY
Overview
What does Michiels Projects & Management do?
Michiels Projects & Management is a Private limited company incorporated in 2011. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Lummen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0832.444.694
Incorporation
04/01/2011
Legal form
Private limited company
Registered office
Larenstraat 90
3560 Lummen · FlandreSee on map
3560 Lummen · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
82990Other business support service activities n.e.c.· main82990Other business support service activities n.e.c.70200Management consultancy activities70220Business and other management consultancy activities71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 15 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Gross margin | 85,1 k € | -0.1% | 85,2 k € | -15.2% | 100,5 k € | +35.6% | 74,1 k € | -9.2% | 81,6 k € | -10.1% | 90,7 k € | +1.2% | 89,7 k € | +34.1% | 66,9 k € | +21.1% | 55,2 k € | -10.1% | 61,4 k € | -16.6% | 73,7 k € | +15.3% | 63,9 k € | -31.7% | 93,6 k € | +28.0% | 73,1 k € | +133% | 31,4 k € |
| EBITDA | 78,1 k € | -0.5% | 78,4 k € | -16.5% | 93,9 k € | +39.2% | 67,5 k € | -11.5% | 76,3 k € | -10.3% | 85,1 k € | +0.9% | 84,3 k € | +36.6% | 61,7 k € | +21.7% | 50,7 k € | -13.2% | 58,4 k € | -19.9% | 72,8 k € | +17.3% | 62,1 k € | -32.9% | 92,5 k € | +28.6% | 72 k € | +130% | 31,3 k € |
| Operating result | 51,9 k € | -0.7% | 52,2 k € | -22.9% | 67,7 k € | +64.0% | 41,3 k € | -21.1% | 52,3 k € | -17.6% | 63,5 k € | -3.8% | 66 k € | +73.5% | 38,1 k € | +40.7% | 27 k € | +52.2% | 17,8 k € | -73.6% | 67,4 k € | +19.4% | 56,4 k € | -38.5% | 91,7 k € | +28.9% | 71,2 k € | +131% | 30,8 k € |
| Net result | 30,6 k € | +3.3% | 29,6 k € | -27.7% | 41 k € | +82.1% | 22,5 k € | -27.7% | 31,1 k € | -20.5% | 39,1 k € | -1.8% | 39,9 k € | +101% | 19,9 k € | +94.5% | 10,2 k € | -18.4% | 12,5 k € | -73.2% | 46,8 k € | +33.6% | 35 k € | -53.9% | 75,9 k € | +26.4% | 60,1 k € | +114% | 28,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 324,5 k € | -2.5% | 332,8 k € | -7.9% | 361,2 k € | +12.8% | 320,2 k € | +7.6% | 297,7 k € | +11.7% | 266,6 k € | +17.2% | 227,5 k € | +21.2% | 187,6 k € | +11.8% | 167,7 k € | +3.2% | 162,5 k € | +8.4% | 150 k € | +45.3% | 103,2 k € | +51.3% | 68,2 k € | +98.8% | 34,3 k € | +235% | 10,3 k € |
| Total assets | 1,3 M € | +39.1% | 961,7 k € | -2.0% | 981 k € | +1.2% | 969,7 k € | -1.5% | 984,3 k € | +23.4% | 797,8 k € | +4.2% | 765,8 k € | +1.5% | 754,7 k € | -2.9% | 777,6 k € | -3.3% | 804,1 k € | +350% | 178,5 k € | +22.0% | 146,4 k € | +14.6% | 127,7 k € | +55.2% | 82,3 k € | +110% | 39,1 k € |
| Cash | 21,5 k € | +52.5% | 14,1 k € | +4.3% | 13,5 k € | +87.5% | 7,2 k € | +49.0% | 4,8 k € | +64.5% | 2,9 k € | +20.6% | 2,4 k € | +6.0% | 2,3 k € | -60.6% | 5,8 k € | +25.7% | 4,6 k € | +30.0% | 3,6 k € | +3.4% | 3,5 k € | -14.8% | 4,1 k € | -66.0% | 11,9 k € | +69.4% | 7 k € |
| Debts | 1 M € | +61.6% | 624,9 k € | +0.8% | 619,8 k € | -4.6% | 649,5 k € | -5.4% | 686,6 k € | +29.2% | 531,3 k € | -1.3% | 538,3 k € | -5.1% | 567,1 k € | -7.0% | 609,9 k € | -4.9% | 641,6 k € | +2151% | 28,5 k € | -33.9% | 43,1 k € | -27.5% | 59,5 k € | +24.0% | 48 k € | +66.2% | 28,8 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 4 ended
Active mandates
JAN MICHIELS
ActiveWendy Maes
ActiveEnded mandates
Jan Michiels
EndedJan Michiels
EndedWendy Maes
EndedWendy Maes
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
| 0416.457.820 | |
Piping & Process Solutions● Active | 0832.689.570 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 09/06/2026 | 23/06/2025 | 13/08/2024 | 31/08/2023 | 09/08/2022 | 29/07/2021 |
| General meeting | 08/06/2026 | 18/06/2025 | 31/05/2024 | 26/05/2023 | 27/05/2022 | 28/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
15 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 08/06/2026 | 09/06/2026 | Dutch | |
| Micro model | 31/12/2024 | 18/06/2025 | 23/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 31/05/2024 | 13/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 26/05/2023 | 31/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 27/05/2022 | 09/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 28/05/2021 | 29/07/2021 | Dutch | |
| Micro model | 31/12/2019 | 29/05/2020 | 21/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 31/05/2019 | 24/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 25/05/2018 | 24/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 26/05/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 27/05/2016 | 16/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 29/05/2015 | 19/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/05/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 31/05/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 25/05/2012 | 29/08/2012 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 4 ended
Active mandates
JAN MICHIELS
ActiveWendy Maes
ActiveEnded mandates
Jan Michiels
EndedJan Michiels
EndedWendy Maes
EndedWendy Maes
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202530,6 k €↑
- 2024Annual accounts 202429,6 k €↓
- 2023Annual accounts 202341 k €↑
- 2022Annual accounts 202222,5 k €↓
- 2021Annual accounts 202131,1 k €↓
- 2020Annual accounts 202039,1 k €↓
- 2019Annual accounts 201939,9 k €↑
- 2018Annual accounts 201819,9 k €↑
- 2017Annual accounts 201710,2 k €↓
- 2016Annual accounts 201612,5 k €↓
- 2015Annual accounts 201546,8 k €↑
- 2014Annual accounts 201435 k €↓
- 2013Annual accounts 201375,9 k €↑
- 2012Annual accounts 201260,1 k €↑
- 2011Annual accounts 201128,1 k €
- 04/01/2011IncorporationPrivate limited company