ACTIVE

SANITAIR MICHIELS

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Financial year 2025 · Closed on 31/12/2025

Net result24,6 k €-40,6 %over 1 year
Gross margin50,4 k €-34,1 %over 1 year
Equity295,2 k €+9,1 %over 1 year

Identity

Source · BCE/KBO

SANITAIR MICHIELS is a Private limited company incorporated in 2008. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Kontich.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0899.176.736
Incorporation
27/06/2008
Legal form
Private limited company
Registered office
Prins Boudewijnlaan 7D box 8
2550 Kontich · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 17 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin50,4 k €76,5 k €71,7 k €70,7 k €80,9 k €
EBITDA49 k €75,1 k €70,4 k €69,4 k €77,3 k €
Operating result33,5 k €62,3 k €57,6 k €55 k €62,9 k €
Net result24,6 k €41,4 k €37,2 k €36,7 k €43 k €
Balance sheet
Equity295,2 k €270,6 k €229,2 k €192 k €189,2 k €
Total assets572,3 k €441,5 k €429,6 k €407,3 k €419,6 k €
Cash33,3 k €87,1 k €49,9 k €76,3 k €69 k €
Debts264,6 k €159,2 k €197,6 k €215,3 k €230,4 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

STEPHANE MICHIELS

Director

Active

Ended mandates

TINNEKE SELIS

Manager · since 01 juillet 2013 · until 30 juin 2019

Ended
TINNEKE SELIS

Manager · since 01 juillet 2013

Ended
STEPHANE MICHIELS

Director · since 10 juillet 2008

Ended
STEPHANE MICHIELS

Manager · since 10 juillet 2008

Ended

Other companies at this address

Prins Boudewijnlaan 7D 2550 Kontich
CompanyCBE no.
Allurethane Benelux● Active
0506.670.095
Beijer Ref Belgium● Active
0807.473.926
Benton● Active
0672.566.128
European Property Management Corporation● Active
0413.137.747
PROFIMMO● Active
0426.630.645
Schwabe Pharma Belgium● Active
0427.547.195
South Invest● Active
0776.636.042

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/07/202625/07/202526/07/202420/07/202320/07/202230/06/2021
General meeting28/06/202626/06/202528/06/202430/06/202303/06/202204/06/2021
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/06/202627/07/2026DutchPDF
Micro model31/12/202426/06/202525/07/2025DutchPDF
Micro model31/12/202328/06/202426/07/2024DutchPDF
Micro model31/12/202230/06/202320/07/2023DutchPDF
Micro model31/12/202103/06/202220/07/2022DutchPDF
Micro model31/12/202004/06/202130/06/2021DutchPDF
Micro model31/12/201905/06/202030/06/2020DutchPDF
Micro model31/12/201807/06/201931/07/2019DutchPDF
Micro model31/12/201701/06/201803/08/2018DutchPDF
Micro model31/12/201602/06/201729/06/2017DutchPDF
Abridged model31/12/201503/06/201620/06/2016DutchPDF
Abridged model31/12/201405/06/201526/06/2015DutchPDF
Abridged model31/12/201306/06/201412/06/2014DutchPDF
Abridged model31/12/201207/06/201327/06/2013DutchPDF
Abridged model31/12/201101/06/201210/07/2012DutchPDF
Abridged model31/12/201003/06/201119/08/2011DutchPDF
Abridged model31/12/200904/06/201023/06/2010DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

STEPHANE MICHIELS

Director

Active

Ended mandates

TINNEKE SELIS

Manager · since 01 juillet 2013 · until 30 juin 2019

Ended
TINNEKE SELIS

Manager · since 01 juillet 2013

Ended
STEPHANE MICHIELS

Director · since 10 juillet 2008

Ended
STEPHANE MICHIELS

Manager · since 10 juillet 2008

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other02/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates29/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office11/12/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/11/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other22/07/2008
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202524,6 k €↓
  2. 2024
    Annual accounts 202441,4 k €↑
  3. 2023
    Annual accounts 202337,2 k €↑
  4. 2023
    Name change27092023
  5. 2022
    Annual accounts 202236,7 k €↓
  6. 2021
    Annual accounts 202143 k €↑
  7. 2020
    Annual accounts 202017,2 k €↑
  8. 2019
    Annual accounts 20191,9 k €↓
  9. 2018
    Annual accounts 201823,3 k €↑
  10. 2017
    Annual accounts 201714,9 k €↑
  11. 2016
    Annual accounts 20167,1 k €↓
  12. 2015
    Annual accounts 201515,2 k €↑
  13. 2014
    Annual accounts 2014-8,7 k €↓
  14. 2013
    Annual accounts 201321,8 k €↑
  15. 2012
    Annual accounts 201221,1 k €↓
  16. 2011
    Annual accounts 201129,6 k €↑
  17. 2010
    Annual accounts 20108,9 k €↑
  18. 2009
    Annual accounts 20092,9 k €
  19. 2009
    Name changeSanitair Michiels
  20. 27/06/2008
    IncorporationPrivate limited company