What does August Michiels do?

August Michiels is a market trader in Geel. Private Limited, started on 3 January 1978, 1 establishment.

What is the address of August Michiels?

The registered office of August Michiels is located at Retieseweg 98, 2440 Geel.

Is August Michiels still active?

Yes. According to the CBE (30 October 2026) August Michiels is active, legal situation “Normale toestand”, started on 3 January 1978.

Is August Michiels registered on Peppol?

Yes, August Michiels is registered on the Peppol network with ID 0208:0418241036.

What is the enterprise number of August Michiels?

The enterprise number of August Michiels is BE0418241036.

When was August Michiels founded?

August Michiels was founded on 3 January 1978.

Who are the directors of August Michiels?

According to the 2025 annual accounts, the directors of August Michiels are: Jozef Michiels, Heidi Vangenechten.

Is August Michiels a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 January 1978; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did August Michiels make in 2025?

August Michiels posted a profit after taxes of € 87,505 in financial year 2025.

What is the revenue of August Michiels?

As a small company, August Michiels is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 165,214.

Does August Michiels have a website?

Yes, August Michiels has a website at garagemichielsaugust.be.

August Michiels (Private Limited) - Geel - BE0418241036

Dossier August Michiels, printed on 30 October 2026 from databakkes.be/en/0418241036/august-michiels. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

August Michiels from Geel, company number BE0418241036, closed financial year 2025 with a result of € 87,505 after tax. For that financial year August Michiels recorded a gross margin of € 165,214 and equity of € 578,358. Compared with financial year 2024, the result moved from € 103,268 to € 87,505. 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 August 6, 2026.

What it is worth Growing

€ 578,358

▲ 18% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 87,505

▼ 15% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 135,023

▼ 65% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 559,758.

People and assets in 2025

Vehicles and equipment

€ 55,460

▲ 119% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 41,027

▼ 18% vs 2024

€ 10,257 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 197,915

▲ € 159,678 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 15,559

▼ 55% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 104,850 Gross margin 2022: € 104,850 First fiscal year in the series	€ 128,263 Gross margin 2023: € 128,263 ▲ 22% vs 2022 (€ 104,850) Favourable step	€ 187,637 Gross margin 2024: € 187,637 ▲ 46% vs 2023 (€ 128,263) Favourable step	€ 165,214 Gross margin 2025: € 165,214 ▼ 12% vs 2024 (€ 187,637) Unfavourable step	▼ 12%
Profit after taxes	€ 61,484 Profit after taxes 2022: € 61,484 First fiscal year in the series	€ 61,835 Profit after taxes 2023: € 61,835 ▲ 1% vs 2022 (€ 61,484) Favourable step	€ 103,268 Profit after taxes 2024: € 103,268 ▲ 67% vs 2023 (€ 61,835) Favourable step	€ 87,505 Profit after taxes 2025: € 87,505 ▼ 15% vs 2024 (€ 103,268) Unfavourable step	▼ 15%
Equity	€ 325,750 Equity 2022: € 325,750 First fiscal year in the series	€ 387,585 Equity 2023: € 387,585 ▲ 19% vs 2022 (€ 325,750) Favourable step	€ 490,853 Equity 2024: € 490,853 ▲ 27% vs 2023 (€ 387,585) Favourable step	€ 578,358 Equity 2025: € 578,358 ▲ 18% vs 2024 (€ 490,853) Favourable step	▲ 18%
Total debts	€ 122,200 Total debts 2022: € 122,200 First fiscal year in the series	€ 123,298 Total debts 2023: € 123,298 ▲ 1% vs 2022 (€ 122,200) Unfavourable step	€ 162,059 Total debts 2024: € 162,059 ▲ 31% vs 2023 (€ 123,298) Unfavourable step	€ 317,159 Total debts 2025: € 317,159 ▲ 96% vs 2024 (€ 162,059) Unfavourable step	▲ 96%
Cash	€ 182,929 Cash 2022: € 182,929 First fiscal year in the series	€ 225,908 Cash 2023: € 225,908 ▲ 23% vs 2022 (€ 182,929) Favourable step	€ 384,508 Cash 2024: € 384,508 ▲ 70% vs 2023 (€ 225,908) Favourable step	€ 135,023 Cash 2025: € 135,023 ▼ 65% vs 2024 (€ 384,508) Unfavourable step	▼ 65%
Land & buildings	-	-	-	€ 491,476 Land & buildings 2025: € 491,476 First fiscal year in the series
Retained profit	€ 307,150 Retained profit 2022: € 307,150 First fiscal year in the series	€ 368,985 Retained profit 2023: € 368,985 ▲ 20% vs 2022 (€ 307,150) Favourable step	€ 472,253 Retained profit 2024: € 472,253 ▲ 28% vs 2023 (€ 368,985) Favourable step	€ 559,758 Retained profit 2025: € 559,758 ▲ 19% vs 2024 (€ 472,253) Favourable step	▲ 19%
Bank debt	€ 69,161 Bank debt 2022: € 69,161 First fiscal year in the series	€ 60,114 Bank debt 2023: € 60,114 ▼ 13% vs 2022 (€ 69,161) Favourable step	€ 49,957 Bank debt 2024: € 49,957 ▼ 17% vs 2023 (€ 60,114) Favourable step	€ 41,027 Bank debt 2025: € 41,027 ▼ 18% vs 2024 (€ 49,957) Favourable step	▼ 18%
Balance sheet total	€ 447,951 Balance sheet total 2022: € 447,951 First fiscal year in the series	€ 510,884 Balance sheet total 2023: € 510,884 ▲ 14% vs 2022 (€ 447,951) Unchanged	€ 652,912 Balance sheet total 2024: € 652,912 ▲ 28% vs 2023 (€ 510,884) Unchanged	€ 895,517 Balance sheet total 2025: € 895,517 ▲ 37% vs 2024 (€ 652,912) Unchanged	▲ 37%

Key figures of August 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 August Michiels?

What happened at August Michiels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 6, 2026 New annual accounts for financial year 2025: profit of € 87,505 (▼ 15% vs 2024). filed late Source: NBB ↗
Jan 3, 1978 Start of the company according to the CBE. KBO
Jan 1, 1978 New establishment in Geel. KBO

In short

From € 61,484 profit in 2022 to € 87,505 profit in 2025.

Paid € 94,194 in corporate taxes since 2022.

Best year ever: 2024, with € 103,268 profit.

Original PDFs at the National Bank ↗

Management

Jozef Michiels

Heidi Vangenechten

August Michiels

Michiel's Cars 100%

Behind August Michiels are Jozef Michiels and Heidi Vangenechten. It owns 100% of Michiel's Cars itself.

Directors

According to the 2025 annual accounts

Jozef Michiels

Director

Also active at: Hemi, MICHIELS CARS

Heidi Vangenechten

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Retieseweg 98

2440 Geel

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 →

MICHIELS CARS same network

€ -66 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS garagemichielsaugust.be

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Email provider

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Hosting

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Domain

garagemichielsaugust.be

Registered

2019-10-16

Website info

HTTPS Ja

Languages NL

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Details

Company number

0418.241.036

VAT number

BE 0418.241.036

Registered office

Retieseweg 98, 2440 Geel

Names & denominations

August Michiels

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 January 1978

Peppol

Active · Active since 24 Nov 2023

Contact

garagemichielsaugust.be

Activities · NACE

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in motorvoertuigen

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Detailhandel in motorbrandstoffen

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Onderhoud en reparatie van auto's

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

August Michiels

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Financials

What happened to August Michiels?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

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Website info

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Security

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