ACTIVE

MICHEL MANAGEMENT

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

14,9 k €

+151.3% YoY

Gross margin

308,9 k €

+22.1% YoY

Equity

488,2 k €

+3.1% YoY

What does MICHEL MANAGEMENT do?

MICHEL MANAGEMENT is a Private limited company incorporated in 2004. Its registered office is in La Louvière.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.611.721

Incorporation

16/12/2004

Legal form

Private limited company

Registered office

Rue Cronos(H-G) 1
7110 La Louvière · Wallonie

Contributed capital

280 000,00 €

Latest accounts

30/06/2025

Joint committees (1)

2000

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	308,9 k €	+22.1%	253 k €	-21.5%	322,3 k €	+13.3%	284,4 k €	-27.3%	391,3 k €	+33.8%	292,5 k €	-10.3%	326 k €	-1.5%	330,9 k €	-0.7%	333,1 k €	-3.4%	344,8 k €	-6.1%	367,3 k €	+11.4%	329,6 k €	+5.4%	312,9 k €	-0.6%	314,7 k €	+14.5%	274,9 k €	+41.8%	193,9 k €	+8.4%	178,8 k €	+242%	52,3 k €
EBITDA	93,7 k €	+148%	37,8 k €	-68.2%	119,1 k €	+55.8%	76,4 k €	-31.6%	111,8 k €	+167%	41,9 k €	-49.4%	82,7 k €	-6.4%	88,3 k €	-18.2%	108 k €	-10.4%	120,6 k €	-11.6%	136,4 k €	+84.7%	73,9 k €	-33.8%	111,6 k €	-10.6%	124,8 k €	+16.5%	107,2 k €	+93.1%	55,5 k €	-33.8%	83,8 k €	+65.7%	50,6 k €
Operating result	40,4 k €	+323%	-18,1 k €	-138%	48 k €	+766%	5,5 k €	-89.9%	54,7 k €	+809%	-7,7 k €	-124%	32,1 k €	-2.3%	32,9 k €	-55.5%	73,8 k €	-14.1%	86 k €	+15.9%	74,2 k €	+103%	36,5 k €	-50.9%	74,3 k €	+30.6%	56,9 k €	-14.5%	66,5 k €	+119%	30,4 k €	-55.5%	68,3 k €	+94.8%	35,1 k €
Net result	14,9 k €	+151%	-29 k €	-254%	18,9 k €	+240%	-13,4 k €	-145%	29,7 k €	+150%	11,9 k €	+164%	4,5 k €	+30.4%	3,5 k €	+186%	1,2 k €	-95.9%	29,4 k €	+43.8%	20,5 k €	+4736%	-441,3 €	-102%	25,7 k €	+61.0%	15,9 k €	-39.1%	26,2 k €	+1624%	1,5 k €	-94.8%	29,2 k €	+104%	14,4 k €
Balance sheet
Equity	488,2 k €	+3.1%	473,4 k €	-5.8%	502,4 k €	+3.9%	483,5 k €	-3.4%	500,4 k €	+6.3%	470,7 k €	+2.6%	458,8 k €	+1.0%	454,3 k €	+0.8%	450,8 k €	+0.3%	449,6 k €	+7.0%	420,2 k €	+5.1%	399,8 k €	-0.1%	400,2 k €	+6.9%	374,5 k €	+4.4%	358,6 k €	+7.9%	332,4 k €	+0.5%	330,9 k €	+362%	71,7 k €
Total assets	908,6 k €	+1.3%	896,5 k €	-7.4%	967,8 k €	-6.1%	1 M €	-9.7%	1,1 M €	+6.4%	1,1 M €	-11.2%	1,2 M €	-9.0%	1,3 M €	+2.5%	1,3 M €	-26.2%	1,8 M €	+5.8%	1,7 M €	+13.5%	1,5 M €	+8.0%	1,4 M €	+1.1%	1,3 M €	-7.5%	1,4 M €	-46.9%	2,7 M €	+115%	1,3 M €	+201%	420 k €
Cash	27,1 k €	+949%	2,6 k €	-66.0%	7,6 k €	+95.0%	3,9 k €	-75.0%	15,6 k €	+9.3%	14,3 k €	+53.0%	9,3 k €	+4.9%	8,9 k €	+5.7%	8,4 k €	+6.7%	7,9 k €	+2144%	351,5 €	-97.5%	14 k €	+34.7%	10,4 k €		–		13,3 k €		–		373,4 €		–
Debts	420,4 k €	-0.7%	423,2 k €	-8.8%	463,9 k €	-14.7%	543,6 k €	-14.3%	633,9 k €	+5.5%	601 k €	-19.7%	748,4 k €	-14.2%	872,2 k €	+3.5%	842,9 k €	-35.3%	1,3 M €	+5.4%	1,2 M €	+18.1%	1 M €	+10.0%	951 k €	-1.0%	960,6 k €	-11.6%	1,1 M €	-54.5%	2,4 M €	+157%	929,9 k €	+168%	347,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+30.4%	2,3 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 2 ended

Active mandates

Béatrice VAEREMANS

Director

Active

Didier MICHEL

Director

Active

Ended mandates

BEATRICE VAEREMANS

Director · since 01 janvier 2022

Ended

Didier MICHEL

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
A & A● Active	0772.609.750
MICHEL LOGISTICS● Active	0473.001.593
SA TRANSPORTS FERNAND MICHEL - DIDIER MICHEL - BEATRICE VAEREMANS SASPJ● Active	1031.595.097
Service Ambulance Strepy ASBL● Active	0635.523.511
SUCCESS SECURITY● Active	0825.473.859
Transports Fernand Michel● Active	0412.777.263
VSM AMBULANCE● Liquidation	0797.549.341

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	31/01/2025	30/01/2024	31/01/2023	28/01/2022	25/01/2021
General meeting	31/12/2025	02/12/2024	31/12/2023	31/12/2022	31/12/2021	26/12/2020
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 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	31/12/2025	30/01/2026	French	PDF
Micro model	30/06/2024	02/12/2024	31/01/2025	French	PDF
Micro model	30/06/2023	31/12/2023	30/01/2024	French	PDF
Micro model	30/06/2022	31/12/2022	31/01/2023	French	PDF
Micro model	30/06/2021	31/12/2021	28/01/2022	French	PDF
Micro model	30/06/2020	26/12/2020	25/01/2021	French	PDF
Micro model	30/06/2019	02/12/2019	09/01/2020	French	PDF
Micro model	30/06/2018	03/12/2018	08/01/2019	French	PDF
Micro model	30/06/2017	04/12/2017	04/01/2018	French	PDF
Abridged model	30/06/2016	05/12/2016	26/01/2017	French	PDF
Abridged model	30/06/2015	24/12/2015	05/01/2016	French	PDF
Abridged model	30/06/2014	01/12/2014	07/01/2015	French	PDF
Abridged model	30/06/2013	02/12/2013	06/01/2014	French	PDF
Abridged model	30/06/2012	24/12/2012	14/01/2013	French	PDF
Abridged model	30/06/2011	26/12/2011	20/01/2012	French	PDF
Abridged model	30/06/2010	06/12/2010	08/12/2010	French	PDF
Abridged model	30/06/2009	07/12/2009	21/12/2009	French	PDF
Abridged model	30/06/2008	22/12/2008	12/01/2009	French	PDF
Abridged model	30/06/2007	03/12/2007	07/01/2008	French	PDF

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.

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 30/06/2025 · 2 active · 2 ended

Active mandates

Béatrice VAEREMANS

Director

Active

Didier MICHEL

Director

Active

Ended mandates

BEATRICE VAEREMANS

Director · since 01 janvier 2022

Ended

Didier MICHEL

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/01/2022
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Other14/10/2016
ANNEE COMPTABLE - DIVERS
PDF
Registered office10/11/2014
SIEGE SOCIAL
PDF
Capital / shares25/02/2008
CAPITAL, ACTIONS
PDF
Other28/12/2004
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2025
Annual accounts 202514,9 k €↑
2024
Annual accounts 2024-29 k €↓
2023
Annual accounts 202318,9 k €↑
2022
Annual accounts 2022-13,4 k €↓
2020
Annual accounts 202029,7 k €↑
2019
Annual accounts 201911,9 k €↑
2018
Annual accounts 20184,5 k €↑
2017
Annual accounts 20173,5 k €↑
2016
Annual accounts 20161,2 k €↓
2015
Annual accounts 201529,4 k €↑
2014
Annual accounts 201420,5 k €↑
2013
Annual accounts 2013-441,3 €↓
2012
Annual accounts 201225,7 k €↑
2011
Annual accounts 201115,9 k €↓
2010
Annual accounts 201026,2 k €↑
2009
Annual accounts 20091,5 k €↓
2008
Annual accounts 200829,2 k €↑
2007
Annual accounts 200714,4 k €
16/12/2004
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

MICHEL MANAGEMENT

Overview

What does MICHEL MANAGEMENT do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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