What does Michiels do?

Michiels is a construction company in Mechelen. Private Limited, started on 30 June 1986, 1 establishment.

What is the address of Michiels?

The registered office of Michiels is located at Begijnenweide 3, 2800 Mechelen.

Is Michiels still active?

Yes. According to the CBE (29 October 2026) Michiels is active, legal situation “Normale toestand”, started on 30 June 1986.

Is Michiels registered on Peppol?

Yes, Michiels is registered on the Peppol network with ID 0208:0429082072.

What is the enterprise number of Michiels?

The enterprise number of Michiels is BE0429082072.

When was Michiels founded?

Michiels was founded on 30 June 1986.

Who are the directors of Michiels?

According to the 2025 annual accounts, the directors of Michiels are: Roger Michiels, Leonia Heylen.

Is Michiels a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 June 1986; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Michiels make in 2025?

Michiels posted a profit after taxes of € 1,808 in financial year 2025.

What is the revenue of Michiels?

As a small company, Michiels is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 285,139.

How much does an employee at Michiels earn?

The average wage cost per full-time employee at Michiels was € 91,500 in 2025: staff costs of € 109,758 for 1.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Michiels have?

According to the 2025 annual accounts, Michiels has 1.2 full-time equivalents (FTE).

Michiels (Private Limited) - Mechelen - BE0429082072

Dossier Michiels, printed on 29 October 2026 from databakkes.be/en/0429082072/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.

Shrinking team NBB

FTE fell two years in a row, from 2.8 to 1.2.
Busy address KBO

23 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Michiels from Mechelen, company number BE0429082072, closed financial year 2025 with a result of € 1,808 after tax. For that financial year Michiels recorded a gross margin of € 285,139 and equity of € 261,917. Compared with financial year 2024, the result moved from € 1.1 million to € 1,808. The company is profitable. 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 October 22, 2026.

What it is worth Growing

€ 261,917

▲ 1% vs 2024

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

Profit Healthy

€ 1,808

▼ € 1.1 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 54,466

▲ 70% 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 € 242,917.

People and assets in 2025

Full-time equivalents

1.2

▼ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 109,758

▲ 24% vs 2024

€ 91,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 2,515

▼ 60% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 2,450

▼ € 697,550 vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 451,730

▼ 61% vs 2024

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

Taxes and wages

€ 34,066

▲ 108% 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	€ 329,267 Gross margin 2022: € 329,267 First fiscal year in the series	€ 272,721 Gross margin 2023: € 272,721 ▼ 17% vs 2022 (€ 329,267) Unfavourable step	€ 1,215,767 Gross margin 2024: € 1,215,767 ▲ € 943,046 vs 2023 (€ 272,721) Favourable step	€ 285,139 Gross margin 2025: € 285,139 ▼ 77% vs 2024 (€ 1,215,767) Unfavourable step	▼ 77%
Profit after taxes	€ 20,064 Profit after taxes 2022: € 20,064 First fiscal year in the series	€ 25,587 Profit after taxes 2023: € 25,587 ▲ 28% vs 2022 (€ 20,064) Favourable step	€ 1,122,465 Profit after taxes 2024: € 1,122,465 ▲ € 1.1 million vs 2023 (€ 25,587) Favourable step	€ 1,808 Profit after taxes 2025: € 1,808 ▼ € 1.1 million vs 2024 (€ 1,122,465) Unfavourable step	▼ € 1.1 million
Equity	€ 212,057 Equity 2022: € 212,057 First fiscal year in the series	€ 237,644 Equity 2023: € 237,644 ▲ 12% vs 2022 (€ 212,057) Favourable step	€ 260,109 Equity 2024: € 260,109 ▲ 9% vs 2023 (€ 237,644) Favourable step	€ 261,917 Equity 2025: € 261,917 ▲ 1% vs 2024 (€ 260,109) Favourable step	▲ 1%
Total debts	€ 2,901,327 Total debts 2022: € 2,901,327 First fiscal year in the series	€ 2,602,504 Total debts 2023: € 2,602,504 ▼ 10% vs 2022 (€ 2,901,327) Favourable step	€ 4,425,929 Total debts 2024: € 4,425,929 ▲ 70% vs 2023 (€ 2,602,504) Unfavourable step	€ 6,112,283 Total debts 2025: € 6,112,283 ▲ 38% vs 2024 (€ 4,425,929) Unfavourable step	▲ 38%
Cash	€ 15,684 Cash 2022: € 15,684 First fiscal year in the series	€ 54,477 Cash 2023: € 54,477 ▲ 247% vs 2022 (€ 15,684) Favourable step	€ 32,089 Cash 2024: € 32,089 ▼ 41% vs 2023 (€ 54,477) Unfavourable step	€ 54,466 Cash 2025: € 54,466 ▲ 70% vs 2024 (€ 32,089) Favourable step	▲ 70%
Land & buildings	€ 9,997 Land & buildings 2022: € 9,997 First fiscal year in the series	€ 9,496 Land & buildings 2023: € 9,496 ▼ 5% vs 2022 (€ 9,997) Unchanged	€ 8,994 Land & buildings 2024: € 8,994 ▼ 5% vs 2023 (€ 9,496) Unchanged	€ 8,492 Land & buildings 2025: € 8,492 ▼ 6% vs 2024 (€ 8,994) Unchanged	▼ 6%
Retained profit	€ 193,057 Retained profit 2022: € 193,057 First fiscal year in the series	€ 218,644 Retained profit 2023: € 218,644 ▲ 13% vs 2022 (€ 193,057) Favourable step	€ 241,109 Retained profit 2024: € 241,109 ▲ 10% vs 2023 (€ 218,644) Favourable step	€ 242,917 Retained profit 2025: € 242,917 ▲ 1% vs 2024 (€ 241,109) Favourable step	▲ 1%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 1,100,000 Dividend 2024: € 1,100,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 1,100,000) Unchanged	▼ 100%
Bank debt	€ 1,162,000 Bank debt 2022: € 1,162,000 First fiscal year in the series	€ 77,700 Bank debt 2023: € 77,700 ▼ 93% vs 2022 (€ 1,162,000) Favourable step	€ 700,000 Bank debt 2024: € 700,000 ▲ € 622,300 vs 2023 (€ 77,700) Unfavourable step	€ 2,450 Bank debt 2025: € 2,450 ▼ € 697,550 vs 2024 (€ 700,000) Favourable step	▼ € 697,550
Balance sheet total	€ 3,113,384 Balance sheet total 2022: € 3,113,384 First fiscal year in the series	€ 2,840,148 Balance sheet total 2023: € 2,840,148 ▼ 9% vs 2022 (€ 3,113,384) Unchanged	€ 4,686,038 Balance sheet total 2024: € 4,686,038 ▲ 65% vs 2023 (€ 2,840,148) Unchanged	€ 6,374,200 Balance sheet total 2025: € 6,374,200 ▲ 36% vs 2024 (€ 4,686,038) Unchanged	▲ 36%
Employees (FTE)	2 Employees (FTE) 2022: 2 First fiscal year in the series	2.8 Employees (FTE) 2023: 2.8 ▲ 0.8 vs 2022 (2) Unchanged	1.5 Employees (FTE) 2024: 1.5 ▼ 1.3 vs 2023 (2.8) Unchanged	1.2 Employees (FTE) 2025: 1.2 ▼ 0.3 vs 2024 (1.5) Unchanged	▼ 0.3

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:

Oct 22, 2026 New annual accounts for financial year 2025: profit of € 1,808 (▼ € 1.1 million vs 2024). filed late Source: NBB ↗
Jul 14, 1986 New establishment in Mechelen. KBO
Jun 30, 1986 Start of the company according to the CBE. KBO

In short

From € 20,064 profit in 2022 to € 1,808 profit in 2025.

Paid € 39,382 in corporate taxes since 2022.

Best year ever: 2024, with € 1.1 million profit.

On average € 237,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Roger Michiels Leonia Heylen

Prinsenhof - Zorgdorpen

Michiels

Behind Michiels are Roger Michiels and Leonia Heylen. Roger Michiels is also behind Prinsenhof - Zorgdorpen.

Directors

According to the 2025 annual accounts

Roger Michiels

Director

Also active at: Prinsenhof - Zorgdorpen

Leonia Heylen

Associate

Establishments

Establishment units

Physical locations of this company

Registered office

Begijnenweide 3

2800 Mechelen

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 →

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€ 6.1 million revenue · 2025

WASTI

€ 29,983 gross margin · 2025

VIA DAM

€ 50,730 gross margin · 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

0429.082.072

VAT number

BE 0429.082.072

Registered office

Begijnenweide 3, 2800 Mechelen

Names & denominations

Michiels

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

30 June 1986

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Algemene bouw van residentiële gebouwen

Ontwikkeling van residentiële bouwprojecten

View on CBE Public ↗ Annual accounts (NBB) ↗

Michiels

Warning lights

Financials

What happened to Michiels?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions