Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MICHIELS AANNEMINGEN from Gent, company number BE0422513984, closed financial year 2025 with a result of € 429,587 after tax. For that financial year MICHIELS AANNEMINGEN recorded a gross margin of € 433,596 and equity of € 3.2 million. Compared with financial year 2024, the result moved from € 137,867 to € 429,587. 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 June 23, 2026.
€ 3.2 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 429,587
▲ 212% vs 2024
Profit after tax over the fiscal year.
€ 80,815
▲ 40% 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 € 3.2 million.
Debts at end 2025
€ 158,165
▼ 24% vs 2024
€ 51,912 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 29,323
▲ 102% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,656
▲ 168% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 357,183 | € 108,816 | - | - | |
| Gross margin | - | € 447,524 | € 171,400 | € 433,596 | ▲ 153% |
| Profit after taxes | € 88,419 | € 299,076 | € 137,867 | € 429,587 | ▲ 212% |
| Equity | € 2,877,021 | € 2,676,097 | € 2,813,964 | € 3,243,552 | ▲ 15% |
| Total debts | € 986,518 | € 828,065 | € 248,288 | € 218,529 | ▼ 12% |
| Cash | € 90,445 | € 50,702 | € 57,799 | € 80,815 | ▲ 40% |
| Retained profit | € 2,815,021 | € 2,614,097 | € 2,751,964 | € 3,181,552 | ▲ 16% |
| Dividend | € 500,000 | € 500,000 | € 0 | € 0 | |
| Bank debt | € 424,420 | € 276,715 | € 209,284 | € 158,165 | ▼ 24% |
| Balance sheet total | € 3,863,539 | € 3,504,162 | € 3,062,252 | € 3,462,081 | ▲ 13% |
Key figures of MICHIELS AANNEMINGEN, 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 MICHIELS AANNEMINGEN?
What happened at MICHIELS AANNEMINGEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 429,587 (▲ 212% vs 2024). Source: NBB ↗
- de Buck van Overstraeten Jean-Marie stepped down as director. NBB
- Square Group stepped down as director. NBB
- de Buck van Overstraeten Jean-Marie became a director. NBB
- Square Group became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,419 profit in 2022 to € 429,587 profit in 2025.
Paid € 6,662 in corporate taxes since 2022.
Best year ever: 2025, with € 429,587 profit.
Paid out € 1 million in dividends to the owners in total.
Management
The stake of LT CAPITAL & ADVICE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MICHIELS AANNEMINGENThe shares are held by Aclagro NV (100%) and LT CAPITAL & ADVICE (100%).
Directors
According to the 2025 annual accounts
de Buck van Overstraeten Jean-Marie
Managing director
since 2020 · until 2026
Managing director · represented by Sylva Mannens
Owns 100% via Aclagro NV
Also active at: ACLAGRO, D.D. SHIPPING, Oryx Projects, AC MATERIALS, LOGISTIEK PLATFORM PUURS
since 2020 · until 2026
Shareholders
Aclagro NV · holding of Square Group
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 76
9032 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →Square Real Estate
€ 406,554 gross margin · 2025
KZP Immo
DC3
€ -277,407 gross margin · 2025
JACQUES DE VRIENDT-ROSA MORES
Square Group same network
€ 8.9 million revenue · 2025
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.513.984
- VAT number
- BE 0422.513.984
- Registered office
- Industrieweg 76, 9032 Gent
- Names & denominations
- MICHIELS AANNEMINGEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1982
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Bouwrijp maken van terreinen
Grondverzet
Goederenvervoer over de weg
Slopen
Verhuur en lease van vrachtwagens
Verhuur van overige transportmiddelen voor vervoer te land
Slopen van gebouwen