ACTIVE

AM MICHIELS

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Financial year 2025 · closed on 30/04/2025

Net result

85,4 k €

+102.3% YoY

Gross margin

584,8 k €

+18.4% YoY

Equity

2,3 M €

+3.9% YoY

Workforce

5,3 ETP

+29.3% YoY

What does AM MICHIELS do?

AM MICHIELS is a Public limited company incorporated in 2007. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Willebroek. It employs on average 5,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0889.613.724

Incorporation

10/05/2007

Legal form

Public limited company

Registered office

Blaasveldstraat 72
2830 Willebroek · FlandreSee on map

Contributed capital

507 901,00 €

Latest accounts

30/04/2025

Average workforce

5,3 ETP

Activities (NACE)

45111Sale of cars and light motor vehicles· main 46711Wholesale of solid, liquid and gaseous fuels and related products 50101Sea and coastal passenger water transport 45113Sale of cars and light motor vehicles 45201Maintenance and repair of motor vehicles 47811Retail sale via stalls and markets of food, beverages and tobacco products+3

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	584,8 k €	+18.4%	493,8 k €	+3.9%	475,2 k €	-2.4%	486,7 k €	-12.2%	554,3 k €	+9.0%	508,7 k €	+5.4%	482,7 k €	+1.0%	478,1 k €	+1.6%	470,5 k €	-0.9%	474,5 k €	-8.7%	519,6 k €	+3.8%	500,7 k €	-10.2%	557,6 k €	-11.0%	626,4 k €	+11.6%	561 k €	+36.1%	412,3 k €	-63.6%	1,1 M €
EBITDA	173,3 k €	+60.9%	107,8 k €	-38.7%	175,7 k €	+8.4%	162,2 k €	-45.5%	297,4 k €	+39.7%	212,8 k €	+37.5%	154,8 k €	+11.7%	138,6 k €	+2.5%	135,3 k €	-3.1%	139,6 k €	-26.5%	190 k €	+65.2%	115 k €	-36.3%	180,5 k €	-34.4%	275,1 k €	+0.1%	274,9 k €	+8.7%	252,8 k €	-66.8%	762,4 k €
Operating result	106,8 k €	+169%	39,7 k €	-64.6%	112,2 k €	+14.8%	97,7 k €	-58.1%	233 k €	+83.2%	127,1 k €	+24.7%	102 k €	+19.9%	85 k €	+4.1%	81,7 k €	-13.5%	94,5 k €	-36.8%	149,5 k €	+80.8%	82,7 k €	-41.1%	140,4 k €	-38.7%	229,2 k €	+2.6%	223,3 k €	+8.8%	205,3 k €	-69.2%	666,2 k €
Net result	85,4 k €	+102%	42,2 k €	+10.3%	38,3 k €	-46.0%	70,9 k €	-57.9%	168,4 k €	+51.7%	111 k €	+66.6%	66,6 k €	+25.3%	53,1 k €	-11.9%	60,3 k €	-32.2%	89 k €	-24.6%	118 k €	+69.4%	69,7 k €	-34.7%	106,8 k €	-35.1%	164,5 k €	-1.6%	167,1 k €	+1.3%	165 k €	-61.7%	430,8 k €
Balance sheet
Equity	2,3 M €	+3.9%	2,2 M €	+1.9%	2,2 M €	+1.8%	2,1 M €	+3.4%	2,1 M €	+8.9%	1,9 M €	+6.2%	1,8 M €	+3.9%	1,7 M €	+3.2%	1,7 M €	+3.8%	1,6 M €	+5.9%	1,5 M €	+8.5%	1,4 M €	+5.3%	1,3 M €	+8.8%	1,2 M €	-4.4%	1,3 M €	+15.1%	1,1 M €	+17.6%	938,7 k €
Total assets	2,8 M €	+2.5%	2,7 M €	+2.2%	2,6 M €	-4.4%	2,8 M €	+1.6%	2,7 M €	+9.4%	2,5 M €	+28.6%	1,9 M €	+3.2%	1,9 M €	+3.5%	1,8 M €	+0.6%	1,8 M €	+6.7%	1,7 M €	+2.3%	1,6 M €	+2.4%	1,6 M €	+1.1%	1,6 M €	+1.9%	1,6 M €	+4.9%	1,5 M €	+5.5%	1,4 M €
Cash	1,2 M €	+25.1%	954,6 k €	-14.3%	1,1 M €	-6.8%	1,2 M €	-6.5%	1,3 M €	+79.6%	711,8 k €	+10.9%	641,8 k €	+1.0%	635,5 k €	-12.4%	725,6 k €	-6.0%	772,1 k €	+9.6%	704,8 k €	+2.8%	685,4 k €	+8.4%	632,4 k €	+6.2%	595,3 k €	+0.5%	592,5 k €	+16.6%	508 k €	+15.1%	441,3 k €
Debts	475,4 k €	-3.4%	491,9 k €	+3.3%	476,1 k €	-25.0%	634,7 k €	-4.0%	660,8 k €	+12.3%	588,3 k €	+288%	151,6 k €	-5.0%	159,7 k €	+7.5%	148,5 k €	-19.8%	185,3 k €	+6.7%	173,7 k €	-31.6%	253,8 k €	-11.0%	285,1 k €	-18.9%	351,5 k €	+21.1%	290,2 k €	-22.6%	375,1 k €	-18.4%	459,6 k €
Other
Workforce	5,3 ETP	+29.3%	4,1 ETP	-8.9%	4,5 ETP	0.0%	4,5 ETP	+12.5%	4,0 ETP	-9.1%	4,4 ETP	-6.4%	4,7 ETP	-6.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	-16.7%	6,0 ETP	0.0%	6,0 ETP	+5.3%	5,7 ETP	+16.3%	4,9 ETP	+36.1%	3,6 ETP	0.0%	3,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/04/2025 · 2 active · 7 ended

Active mandates

Ives Michiels

Director

Active

Jeannine Rochtus

Managing director

Active

Ended mandates

Jeannine Rochtus

Managing director · since 10 mai 2010 · until 10 mai 2013

Ended

Ives Michiels

Director · since 10 mai 2007 · until 10 mai 2013

Ended

Jeannine Rochtus

Chairman of the board of directors · since 10 mai 2007 · until 10 mai 2013

Ended

René Louise Michiels

Managing director · since 10 mai 2007 · until 10 mai 2013

Ended

At this address

Other companies at this address

Company	CBE no.
AM MICHIELS● Active	0400.803.901

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/05/2024	01/05/2023	01/05/2022	01/05/2021	01/05/2020	01/05/2019
Closing of the financial year	30/04/2025	30/04/2024	30/04/2023	30/04/2022	30/04/2021	30/04/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/12/2025	31/12/2024	20/12/2023	15/12/2022	07/12/2021	22/12/2020
General meeting	20/10/2025	21/10/2024	16/10/2023	17/10/2022	18/10/2021	19/10/2020
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/04/2025	20/10/2025	19/12/2025	Dutch	PDF
Abridged model	30/04/2024	21/10/2024	31/12/2024	Dutch	PDF
Abridged model	30/04/2023	16/10/2023	20/12/2023	Dutch	PDF
Abridged model	30/04/2022	17/10/2022	15/12/2022	Dutch	PDF
Abridged model	30/04/2021	18/10/2021	07/12/2021	Dutch	PDF
Abridged model	30/04/2020	19/10/2020	22/12/2020	Dutch	PDF
Abridged model	30/04/2019	21/10/2019	03/12/2019	Dutch	PDF
Abridged model	30/04/2018	15/10/2018	04/12/2018	Dutch	PDF
Abridged model	30/04/2017	16/10/2017	30/11/2017	Dutch	PDF
Abridged model	30/04/2016	17/10/2016	05/12/2016	Dutch	PDF
Abridged model	30/04/2015	19/10/2015	01/12/2015	Dutch	PDF
Abridged model	30/04/2014	20/10/2014	21/11/2014	Dutch	PDF
Abridged model	30/04/2013	21/10/2013	26/12/2013	Dutch	PDF
Abridged model	30/04/2012	05/01/2013	30/01/2013	Dutch	PDF
Abridged model	30/04/2011	05/01/2012	07/01/2012	Dutch	PDF
Abridged model	30/04/2010	20/12/2010	10/01/2011	Dutch	PDF
Abridged model	30/04/2009	19/10/2009	29/01/2010	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/04/2025 · 2 active · 7 ended

Active mandates

Ives Michiels

Director

Active

Jeannine Rochtus

Managing director

Active

Ended mandates

Jeannine Rochtus

Managing director · since 10 mai 2010 · until 10 mai 2013

Ended

Ives Michiels

Director · since 10 mai 2007 · until 10 mai 2013

Ended

Jeannine Rochtus

Chairman of the board of directors · since 10 mai 2007 · until 10 mai 2013

Ended

René Louise Michiels

Managing director · since 10 mai 2007 · until 10 mai 2013

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other21/01/2014
BENAMING
PDF
Mandates23/05/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/02/2012
KAPITAAL - AANDELEN
PDF
Mandates07/10/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/07/2008
KAPITAAL - AANDELEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other04/06/2007
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

2025
Annual accounts 202585,4 k €↑
2024
Annual accounts 202442,2 k €↑
2023
Annual accounts 202338,3 k €↓
2022
Annual accounts 202270,9 k €↓
2021
Annual accounts 2021168,4 k €↑
2020
Annual accounts 2020111 k €↑
2019
Annual accounts 201966,6 k €↑
2018
Annual accounts 201853,1 k €↓
2017
Annual accounts 201760,3 k €↓
2016
Annual accounts 201689 k €↓
2015
Annual accounts 2015118 k €↑
2014
Annual accounts 201469,7 k €↓
2013
Annual accounts 2013106,8 k €↓
2012
Annual accounts 2012164,5 k €↓
2011
Annual accounts 2011167,1 k €↑
2010
Annual accounts 2010165 k €↓
2009
Annual accounts 2009430,8 k €
10/05/2007
IncorporationPublic 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

AM MICHIELS

Overview

What does AM MICHIELS do?

Trend over 17 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