Financials
Financial year 2025
MICHELS from Amel, company number BE0433890601, closed financial year 2025 with a result of € 3,697 after tax. For that financial year MICHELS recorded a gross margin of € 16,378 and equity of € 577,884. Compared with financial year 2024, the result moved from € 12,013 to € 3,697. 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 April 7, 2026.
€ 577,884
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,697
▼ 69% vs 2024
Profit after tax over the fiscal year.
€ 493,931
▼ 8% 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 € 559,284.
People and assets in 2025
€ 2,166
▼ 31% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,820
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,281
▼ 94% 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 | € 9,782 | € 53,652 | € 33,626 | € 16,378 | ▼ 51% |
| Profit after taxes | € -14,367 | € 34,546 | € 12,013 | € 3,697 | ▼ 69% |
| Equity | € 527,628 | € 562,174 | € 574,187 | € 577,884 | ▲ 1% |
| Total debts | € 73,275 | € 61,562 | € 124,433 | € 55,224 | ▼ 56% |
| Cash | € 440,658 | € 504,916 | € 534,796 | € 493,931 | ▼ 8% |
| Land & buildings | € 15,584 | € 11,973 | € 8,362 | € 4,751 | ▼ 43% |
| Retained profit | € 509,028 | € 543,574 | € 555,587 | € 559,284 | ▲ 1% |
| Balance sheet total | € 600,903 | € 623,736 | € 698,620 | € 633,107 | ▼ 9% |
Key figures of MICHELS, 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 MICHELS?
What happened at MICHELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,697 (▼ 69% vs 2024). Source: NBB ↗
- New establishment in Amel. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,367 loss in 2022 to € 3,697 profit in 2025.
Paid € 18,466 in corporate taxes since 2022.
Best year ever: 2023, with € 34,546 profit.
Management
Behind MICHELS is Monique Michels-Louges.
Directors
According to the 2025 annual accounts
Monique Michels-Louges
Director
Establishments
Establishment units
Physical locations of this company
Iveldingen,Im Uhrenfeld 38
4770 Amel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.890.601
- VAT number
- BE 0433.890.601
- Registered office
- Iveldingen,Im Uhrenfeld 38, 4770 Amel
- Names & denominations
- MICHELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 April 1988
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Reparatie en onderhoud van machines
Herstelling van landbouwmachines
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit