Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
AM MICHIELS from Willebroek, company number BE0400803901, closed financial year 2025 with a result of € 22,541 after tax. For that financial year AM MICHIELS recorded a gross margin of € 438,853 and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 38,592 to € 22,541. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 3.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,541
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 2.6 million
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.8 million.
People and assets in 2025
2.5
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 290,425
▼ 11% vs 2024
€ 116,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,031
▼ 72% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 338,005
▼ 9% vs 2024
€ 32,551 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 4,767
▼ € 3.3 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,702
▼ 96% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 468,928 | € 519,652 | € 527,612 | € 438,853 | ▼ 17% |
| Profit after taxes | € 37,858 | € 34,800 | € 38,592 | € 22,541 | ▼ 42% |
| Equity | € 3,715,963 | € 3,750,763 | € 3,789,355 | € 3,811,896 | ▲ 1% |
| Total debts | € 3,324,663 | € 5,366,927 | € 8,773,599 | € 347,473 | ▼ 96% |
| Cash | € 1,351,594 | € 2,140,455 | € 2,248,147 | € 2,594,230 | ▲ 15% |
| Land & buildings | € 1,455,631 | € 1,348,624 | € 1,256,998 | € 1,178,366 | ▼ 6% |
| Retained profit | € 3,697,371 | € 3,732,171 | € 3,770,763 | € 3,793,304 | ▲ 1% |
| Bank debt | € 433,308 | € 401,927 | € 370,161 | € 338,005 | ▼ 9% |
| Balance sheet total | € 7,048,653 | € 9,125,272 | € 12,570,091 | € 4,166,063 | ▼ 67% |
| Employees (FTE) | 2.8 | 2.8 | 2.8 | 2.5 | ▼ 0.3 |
Key figures of AM MICHIELS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AM MICHIELS?
What happened at AM MICHIELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,541 (▼ 42% vs 2024). filed late Source: NBB ↗
- New establishment in Willebroek. KBO
- New establishment in Wommelgem. KBO
- New establishment in Willebroek. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,858 profit in 2022 to € 22,541 profit in 2025.
Paid € 37,452 in corporate taxes since 2022.
Best year ever: 2024, with € 38,592 profit.
On average € 175,500 of value added per employee in 2025.
Management
Behind AM MICHIELS are Ives Michiels and Jeannine Rochtus. The same people are also behind AM MICHIELS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Blaasveldstraat 72
2830 Willebroek
Autolei 322
2160 Wommelgem
Active since 1 May 2004
Schoondonkweg 9 box 10
2830 Willebroek
Active since 25 May 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.803.901
- VAT number
- BE 0400.803.901
- Registered office
- Blaasveldstraat 72, 2830 Willebroek
- Names & denominations
- AM MICHIELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Not registered
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)