Financials
Financial year 2025
Etablissements Jacques Michiels from Sint-Gillis (bij-Brussel), company number BE0413571178, closed financial year 2025 with a result of € 316 after tax. For that financial year Etablissements Jacques Michiels recorded a gross margin of € 152,833 and equity of € 447,853. Compared with financial year 2024, the result moved from € -19,822 to € 316. Profitable, and profit is growing. 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 August 30, 2026.
€ 447,853
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 316
▲ still € 19,822 loss in 2024
Profit after tax over the fiscal year.
€ 262,700
▲ 67% 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 € 237,144.
People and assets in 2025
€ 135,436
▲ 6% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 36,581
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26,161
▼ 33% vs 2024
€ 10,825 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 18,468
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,141
▲ 86% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 176,613 | € 100,467 | € 158,709 | € 152,833 | ▼ 4% |
| Profit after taxes | € 36,654 | € -17,036 | € -19,822 | € 316 | ▲ € 20,138 |
| Equity | € 484,396 | € 467,359 | € 447,537 | € 447,853 | |
| Total debts | € 121,917 | € 114,836 | € 89,036 | € 77,026 | ▼ 13% |
| Cash | € 244,331 | € 130,374 | € 157,386 | € 262,700 | ▲ 67% |
| Retained profit | € 273,686 | € 256,650 | € 236,828 | € 237,144 | |
| Bank debt | € 7,000 | € 0 | € 38,950 | € 26,161 | ▼ 33% |
| Balance sheet total | € 606,313 | € 582,196 | € 536,573 | € 524,879 | ▼ 2% |
Key figures of Etablissements Jacques 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 Etablissements Jacques Michiels?
What happened at Etablissements Jacques 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 € 316. filed late Source: NBB ↗
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
In short
From € 36,654 profit in 2022 to € 316 profit in 2025.
Paid € 30,464 in corporate taxes since 2022.
Best year ever: 2022, with € 36,654 profit.
Establishments
Establishment units
Physical locations of this company
Simonisstraat 14A
1060 Sint-Gillis (bij-Brussel)
Simonisstraat 14
1060 Sint-Gillis (bij-Brussel)
Active since 1 January 1974
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
- 0413.571.178
- VAT number
- BE 0413.571.178
- Registered office
- Simonisstraat 14A, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- Etablissements Jacques Michiels
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 1973
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
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