Financials
Financial year 2025
Bouwafwerking Michielsens from Kalmthout, company number BE0427874918, closed financial year 2025 with a result of € 27,229 after tax. For that financial year Bouwafwerking Michielsens recorded a gross margin of € 34,566 and equity of € 15,224. Compared with financial year 2024, the result moved from € -49,271 to € 27,229. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 15,224
▲ € 27,229 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,229
▲ still € 49,271 loss in 2024
Profit after tax over the fiscal year.
€ 5,196
▼ 60% 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 € -3,776.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,835
▲ 7% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 2,360
▲ € 1,946 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 35,942
▲ € 33,993 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 144
▲ 3% 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 | |
|---|---|---|---|---|---|
| Gross margin | € -11,344 | € 94,037 | € -42,287 | € 34,566 | ▲ € 76,853 |
| Profit after taxes | € -81,194 | € 65,095 | € -49,271 | € 27,229 | ▲ € 76,500 |
| Equity | € -27,830 | € 37,265 | € -12,006 | € 15,224 | ▲ € 27,229 |
| Total debts | € 149,388 | € 35,851 | € 86,805 | € 75,075 | ▼ 14% |
| Cash | € 62,772 | € 25,842 | € 13,143 | € 5,196 | ▼ 60% |
| Retained profit | € -46,830 | € 18,265 | € -31,006 | € -3,776 | ▲ € 27,229 |
| Balance sheet total | € 121,557 | € 73,116 | € 74,799 | € 90,299 | ▲ 21% |
Key figures of Bouwafwerking Michielsens, 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 Bouwafwerking Michielsens?
What happened at Bouwafwerking Michielsens in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,229. Source: NBB ↗
- New establishment in Kalmthout. KBO
- Start of the company according to the CBE. KBO
In short
From € 81,194 loss in 2022 to € 27,229 profit in 2025.
Paid € 539 in corporate taxes since 2022.
Best year ever: 2023, with € 65,095 profit.
Management
Behind Bouwafwerking Michielsens is Glenn Michielsens.
Directors
According to the 2025 annual accounts
Glenn Michielsens
Director
Establishments
Establishment units
Physical locations of this company
Roosendaalsebaan (Ab) 118
2920 Kalmthout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.874.918
- VAT number
- BE 0427.874.918
- Registered office
- Roosendaalsebaan (Ab) 118, 2920 Kalmthout
- Names & denominations
- Bouwafwerking Michielsens
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 October 1985
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Overige werkzaamheden in verband met de afwerking van gebouwen
Stukadoorswerk