Financials
Financial year 2025
Michiels from Dessel, company number BE0427883331, closed financial year 2025 with a result of € 3,340 after tax. For that financial year Michiels recorded a gross margin of € 5,479 and equity of € 1,470. Compared with financial year 2024, the result moved from € -2,472 to € 3,340. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 1,470
▲ € 3,340 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,340
▲ still € 2,472 loss in 2024
Profit after tax over the fiscal year.
€ 35,680
▲ € 32,376 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 € -761.
People and assets in 2025
€ 849
▼ 28% 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.
€ 234,551
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 330
▼ 84% 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 | € -10,429 | € -13,237 | € 30 | € 5,479 | ▲ € 5,449 |
| Profit after taxes | € -11,804 | € -15,535 | € -2,472 | € 3,340 | ▲ € 5,812 |
| Equity | € 16,138 | € 603 | € -1,869 | € 1,470 | ▲ € 3,340 |
| Total debts | € 349,579 | € 384,050 | € 366,737 | € 410,398 | ▲ 12% |
| Cash | € 18,396 | € 4,458 | € 3,305 | € 35,680 | ▲ € 32,376 |
| Retained profit | € 13,907 | € -1,628 | € -4,100 | € -761 | ▲ € 3,340 |
| Balance sheet total | € 365,718 | € 384,653 | € 364,868 | € 411,868 | ▲ 13% |
Key figures of 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 Michiels?
What happened at 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 € 3,340. filed late Source: NBB ↗
- New establishment in Dessel. KBO
- BENNY REYNDERS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,804 loss in 2022 to € 3,340 profit in 2025.
Best year ever: 2025, with € 3,340 profit.
Management
Behind Michiels is BENNY REYNDERS. BENNY REYNDERS is also behind MICHIELS IMMO.
Directors
According to the 2025 annual accounts
since 1985
Establishments
Establishment units
Physical locations of this company
Kastelsedijk 42
2480 Dessel
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0427.883.331
- VAT number
- BE 0427.883.331
- Registered office
- Kastelsedijk 42, 2480 Dessel
- Names & denominations
- Michiels
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 11 June 1985
- Peppol
- Active · Active since 16 Jan 2026
- Contact
- hengelsportmichiels.be
- Activities · NACE
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