ACTIVE

MICHIELS H SERVICES

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Financial year 2024 · Closed on 31/12/2024

Net result323,7 k €+93,6 %over 1 year
Gross margin554,6 k €+74,5 %over 1 year
Equity5,8 M €+5,9 %over 1 year

Identity

Source · BCE/KBO

MICHIELS H SERVICES is a Public limited company incorporated in 2005. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Heist-op-den-Berg.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0876.125.378
Incorporation
19/09/2005
Legal form
Public limited company
Registered office
Koppenstraat 2
2221 Heist-op-den-Berg · FlandreSee on map
Contributed capital
4 628 650,00 €
Latest accounts
31/12/2024
Joint committees (3)
  • 112
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin554,6 k €317,8 k €310,1 k €229,6 k €57,4 k €
EBITDA534,4 k €298 k €281,3 k €192 k €42,8 k €
Operating result466,6 k €241,6 k €147 k €106,3 k €23,1 k €
Net result323,7 k €167,2 k €100,1 k €80 k €21,3 k €
Balance sheet
Equity5,8 M €5,5 M €5,3 M €5,2 M €4,6 M €
Total assets6,9 M €6,8 M €6,9 M €6,2 M €4,9 M €
Cash234,6 k €100,5 k €93,7 k €32,4 k €132,8 k €
Debts1,1 M €1,3 M €1,6 M €945,6 k €216,6 k €
Other
Workforce––––0,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 8 ended

Active mandates

Els Michiels

Director · since 15 décembre 2021 · until 15 décembre 2027

Active
Herman Michiels

Managing director · since 15 décembre 2021 · until 15 décembre 2027

Active
Isabelle Michiels

Director · since 15 décembre 2021 · until 15 décembre 2027

Active
Philip Michiels

Director · since 15 décembre 2021 · until 15 décembre 2027

Active

Ended mandates

Isabelle Michiels

Chairman of the board of directors · since 19 février 2020 · until 29 mai 2023

Ended
Herman Michiels

Managing director · since 29 mai 2017 · until 29 mai 2023

Ended
Philip Michiels

Chairman of the board of directors · since 29 mai 2017 · until 19 février 2020

Ended
Philip Michiels

Chairman of the board of directors · since 29 mai 2017 · until 29 mai 2023

Ended

Other companies at this address

Koppenstraat 2 2221 Heist-op-den-Berg
CompanyCBE no.
DE VREES● Active
0883.903.095
IMMIC● Active
0891.616.080
Melaet● Active
0648.911.786

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202528/08/202428/06/202328/06/202231/08/202123/06/2020
General meeting26/05/202527/05/202430/05/202330/05/202231/05/202125/05/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202426/05/202529/08/2025DutchPDF
Abridged model31/12/202327/05/202428/08/2024DutchPDF
Abridged model31/12/202230/05/202328/06/2023DutchPDF
Abridged model31/12/202130/05/202228/06/2022DutchPDF
Abridged model31/12/202031/05/202131/08/2021DutchPDF
Full model31/12/201925/05/202023/06/2020DutchPDF
Full model31/12/201827/05/201920/06/2019DutchPDF
Full model31/12/201728/05/201826/06/2018DutchPDF
Full model31/12/201629/05/201703/07/2017DutchPDF
Abridged model31/12/201530/05/201629/06/2016DutchPDF
Abridged model31/12/201426/05/201523/06/2015DutchPDF
Abridged model31/12/201326/05/201425/06/2014DutchPDF
Abridged model31/12/201227/05/201326/06/2013DutchPDF
Abridged model31/12/201129/05/201220/08/2012DutchPDF
Abridged model31/12/201030/05/201129/06/2011DutchPDF
Abridged model31/12/200931/05/201029/06/2010DutchPDF
Abridged model31/12/200825/05/200924/06/2009DutchPDF
Abridged model31/12/200726/05/200817/06/2008DutchPDF
Abridged model31/12/200626/05/200722/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 8 ended

Active mandates

Els Michiels

Director · since 15 décembre 2021 · until 15 décembre 2027

Active
Herman Michiels

Managing director · since 15 décembre 2021 · until 15 décembre 2027

Active
Isabelle Michiels

Director · since 15 décembre 2021 · until 15 décembre 2027

Active
Philip Michiels

Director · since 15 décembre 2021 · until 15 décembre 2027

Active

Ended mandates

Isabelle Michiels

Chairman of the board of directors · since 19 février 2020 · until 29 mai 2023

Ended
Herman Michiels

Managing director · since 29 mai 2017 · until 29 mai 2023

Ended
Philip Michiels

Chairman of the board of directors · since 29 mai 2017 · until 19 février 2020

Ended
Philip Michiels

Chairman of the board of directors · since 29 mai 2017 · until 29 mai 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring05/07/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/04/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates22/09/2020
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates05/03/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/02/2012
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates05/12/2011
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024323,7 k €↑
  2. 2023
    Annual accounts 2023167,2 k €↑
  3. 2022
    Annual accounts 2022100,1 k €↑
  4. 2021
    Annual accounts 202180 k €↑
  5. 2020
    Annual accounts 202021,3 k €↑
  6. 2019
    Annual accounts 2019-24 k €↓
  7. 2018
    Annual accounts 2018-711,7 €↑
  8. 2017
    Annual accounts 2017-23,7 k €↓
  9. 2016
    Annual accounts 20163,7 k €↑
  10. 2015
    Annual accounts 2015-6,8 k €↓
  11. 2014
    Annual accounts 20143 k €↓
  12. 2013
    Annual accounts 201316,8 k €↓
  13. 2012
    Annual accounts 201258,9 k €↓
  14. 2011
    Annual accounts 2011117,1 k €↑
  15. 2010
    Annual accounts 201068,6 k €↑
  16. 2009
    Annual accounts 200934,2 k €↑
  17. 2008
    Annual accounts 200811,4 k €↓
  18. 2007
    Annual accounts 200716,9 k €↓
  19. 2006
    Annual accounts 200659,2 k €
  20. 19/09/2005
    IncorporationPublic limited company