NORMAL SITUATION

MICHEL VERHELST

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Financial year 2023 · closed on 31/12/2023

Net result

-148,7 k €

-255.6% YoY

Revenue

160 k €

0.0% YoY

Equity

1,2 M €

-10.7% YoY

Company — Normal situation.

What does MICHEL VERHELST do?

MICHEL VERHELST is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0886.595.044

Legal form

Private company with limited liability

Contributed capital

418 600,00 €

Latest accounts

31/12/2023

Signals

Solid equity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	160 k €	0.0%	160 k €	+2.6%	156 k €	+18.2%	132 k €	+4.8%	126 k €	-3.1%	130 k €	-2.1%	132,8 k €	+681%	17 k €	-62.2%	45 k €	0.0%	45 k €		–		–		–		–		–		–		–
EBITDA	-23,9 k €	-123%	104,9 k €	+49.2%	70,3 k €	+31.1%	53,6 k €	-18.8%	66 k €	-1.9%	67,3 k €	-23.2%	87,6 k €	+375%	-31,9 k €	-303%	-7,9 k €	+5.4%	-8,4 k €	-138%	22,1 k €	-74.3%	85,8 k €	+471%	-23,1 k €	-235%	-6,9 k €	-106%	115,1 k €	-29.4%	163,1 k €	+1498%	10,2 k €
Operating result	-25,1 k €	-124%	103,1 k €	+49.8%	68,8 k €	+30.0%	52,9 k €	-19.6%	65,8 k €	-1.5%	66,8 k €	-22.8%	86,5 k €	+336%	-36,7 k €	-183%	-13 k €	+12.4%	-14,8 k €	-196%	15,4 k €	-77.2%	67,7 k €	+244%	-46,9 k €	-44.1%	-32,6 k €	-140%	82,4 k €	-44.8%	149,2 k €	+2047%	6,9 k €
Net result	-148,7 k €	-256%	95,5 k €	+45.2%	65,8 k €	+3.7%	63,4 k €	+78.9%	35,5 k €	-42.2%	61,4 k €	-53.7%	132,5 k €	-89.4%	1,2 M €	+254%	-809,1 k €	-6863%	-11,6 k €	+77.4%	-51,4 k €	-189%	57,5 k €	+229%	-44,5 k €	-31.8%	-33,7 k €	-163%	53,9 k €	-45.5%	98,8 k €	+1694%	5,5 k €
Balance sheet
Equity	1,2 M €	-10.7%	1,4 M €	+7.4%	1,3 M €	+5.4%	1,2 M €	+5.5%	1,2 M €	+3.1%	1,1 M €	+5.8%	1,1 M €	+14.2%	932,6 k €	+395%	-316,1 k €	-164%	493 k €	-2.3%	504,6 k €	-9.2%	556 k €	+545%	86,1 k €	-34.0%	130,6 k €	-20.5%	164,4 k €	+48.8%	110,5 k €	+844%	11,7 k €
Total assets	3,7 M €	-4.3%	3,8 M €	+20.6%	3,2 M €	-9.2%	3,5 M €	-15.0%	4,1 M €	-1.3%	4,2 M €	-7.0%	4,5 M €	-21.3%	5,7 M €	+13.4%	5 M €	+2.2%	4,9 M €	+70.8%	2,9 M €	+78.6%	1,6 M €	+646%	216,5 k €	-14.6%	253,4 k €	-22.0%	325,1 k €	-5.5%	344,1 k €	+42.3%	241,9 k €
Cash	18 k €	-59.2%	44,1 k €	+70.1%	25,9 k €	+35.9%	19,1 k €	-91.2%	216 k €	+676%	27,8 k €	-50.5%	56,2 k €	-89.8%	551,6 k €	+309%	135 k €	+1550%	8,2 k €	-86.2%	59,5 k €	+42.6%	41,7 k €	-73.5%	157,5 k €	-8.2%	171,6 k €	-21.6%	218,8 k €	+151%	87,3 k €	+3222%	2,6 k €
Debts	2,3 M €	-0.7%	2,3 M €	+31.7%	1,8 M €	-17.9%	2,2 M €	-24.0%	2,8 M €	-3.0%	2,9 M €	-11.4%	3,3 M €	-28.9%	4,7 M €	-11.0%	5,2 M €	+21.3%	4,3 M €	+91.0%	2,3 M €	+141%	934,2 k €	+20164%	4,6 k €	-36.4%	7,2 k €	-86.9%	55,3 k €	-59.8%	137,5 k €	-24.2%	181,3 k €

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 8 ended

Active mandates

Annelies Lefevre

Mandate

Active

Michel Verhelst

Mandate

Active

Ended mandates

Annelies Levefre

Director · since 15 novembre 2017

Ended

Michel Verhelst

Manager · since 01 janvier 2011

Ended

Annelies Lefevre

Manager · since 09 mai 2009 · until 08 mai 2010

Ended

Annelies Lefevre

Manager · since 09 mai 2009

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/07/2024	12/07/2023	06/07/2022	16/06/2021	17/06/2020	21/06/2019
General meeting	11/05/2024	17/06/2023	14/05/2022	08/05/2021	09/05/2020	11/05/2019
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2023	11/05/2024	08/07/2024	Dutch	PDF
Full model	31/12/2022	17/06/2023	12/07/2023	Dutch	PDF
Full model	31/12/2021	14/05/2022	06/07/2022	Dutch	PDF
Full model	31/12/2020	08/05/2021	16/06/2021	Dutch	PDF
Full model	31/12/2019	09/05/2020	17/06/2020	Dutch	PDF
Full model	31/12/2018	11/05/2019	21/06/2019	Dutch	PDF
Full model	31/12/2017	26/05/2018	15/06/2018	Dutch	PDF
Full model	31/12/2016	13/05/2017	09/06/2017	Dutch	PDF
Full model	31/12/2015	20/08/2016	30/08/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	20/08/2015	Dutch	PDF
Abridged model	31/12/2013	10/09/2014	02/10/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	30/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	08/05/2010	17/05/2010	Dutch	PDF
Abridged model	31/12/2008	09/05/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/05/2008	04/06/2008	Dutch	PDF

Estimate

Indicative valuation

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 31/12/2023 · 2 active · 8 ended

Active mandates

Annelies Lefevre

Mandate

Active

Michel Verhelst

Mandate

Active

Ended mandates

Annelies Levefre

Director · since 15 novembre 2017

Ended

Michel Verhelst

Manager · since 01 janvier 2011

Ended

Annelies Lefevre

Manager · since 09 mai 2009 · until 08 mai 2010

Ended

Annelies Lefevre

Manager · since 09 mai 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution15/12/2025
Ontbinding en vereffening
PDF
Mandates26/07/2024
BOEKJAAR, BENAMING, ONTSLAGEN, BENOEMINGEN,
PDF
Mandates12/01/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office13/05/2015
MAATSCHAPPELIJKE ZETEL
PDF
Registered office24/12/2014
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares31/08/2012
KAPITAAL - AANDELEN
PDF
Mandates12/01/2011
ONTSLAGEN - BENOEMINGEN
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

2023
Annual accounts 2023-148,7 k €↓
2022
Annual accounts 202295,5 k €↑
2021
Annual accounts 202165,8 k €↑
2020
Annual accounts 202063,4 k €↑
2019
Annual accounts 201935,5 k €↓
2018
Annual accounts 201861,4 k €↓
2017
Annual accounts 2017132,5 k €↓
2016
Annual accounts 20161,2 M €↑
2015
Annual accounts 2015-809,1 k €↓
2014
Annual accounts 2014-11,6 k €↑
2013
Annual accounts 2013-51,4 k €↓
2012
Annual accounts 201257,5 k €↑
2011
Annual accounts 2011-44,5 k €↓
2010
Annual accounts 2010-33,7 k €↓
2009
Annual accounts 200953,9 k €↓
2008
Annual accounts 200898,8 k €↑
2007
Annual accounts 20075,5 k €

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 VERHELST

Overview

What does MICHEL VERHELST do?

Trend over 17 financial years

Board of directors

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