Active · per the CBE, 2 October 2026
I.N. MICHAELI logo

I.N. MICHAELI

BE0438747628

Rechtspersoon Private limited company 2 establishments

I.N. MICHAELI is a jeweller in Antwerpen. Private Limited, started on 15 November 1989, 2 establishments.

Vestingstraat 51, 2018 Antwerpen fashion-jewelry.be

Behind the company: Itzhak MICHAELI, Menashe Michaeli, Pinhas MICHAELI.

Active for

36 year, 10 months

Financials

Financial year 2025

I.N. MICHAELI from Antwerpen, company number BE0438747628, closed financial year 2025 with a result of € 126,005 after tax. For that financial year I.N. MICHAELI recorded a gross margin of € 238,973 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 100,538 to € 126,005. 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 8, 2026.

What it is worth Growing

€ 1.3 million

▲ 11% vs 2024

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

Profit Growing

€ 126,005

▲ 25% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 97,703

▲ 59% 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 € 1.2 million.

Debts at end 2025

Bank debt ≈ 10 years to go

€ 619,484

▼ 7% vs 2024

€ 60,804 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 7,964

▼ 70% vs 2024

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

Taxes and wages

€ 39,531

▲ 66% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 164,522 € 282,983 € 196,190 € 238,973 ▲ 22%
Profit after taxes € 88,589 € 161,171 € 100,538 € 126,005 ▲ 25%
Equity € 880,128 € 1,041,299 € 1,141,837 € 1,267,842 ▲ 11%
Total debts € 827,289 € 765,776 € 723,420 € 666,979 ▼ 8%
Cash € 100,595 € 81,231 € 61,362 € 97,703 ▲ 59%
Land & buildings € 896,720 € 867,680 € 838,640 € 809,600 ▼ 3%
Retained profit € 861,536 € 1,022,707 € 1,123,245 € 1,249,250 ▲ 11%
Bank debt € 761,335 € 718,217 € 668,581 € 619,484 ▼ 7%
Balance sheet total € 1,707,416 € 1,807,075 € 1,865,257 € 1,934,821 ▲ 4%

Key figures of I.N. MICHAELI, 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 I.N. MICHAELI?

What happened at I.N. MICHAELI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 126,005 (▲ 25% vs 2024). Source: NBB ↗
  • New establishment in Antwerpen. KBO
  • New establishment in Antwerpen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 88,589 profit in 2022 to € 126,005 profit in 2025.

Paid € 194,638 in corporate taxes since 2022.

Best year ever: 2023, with € 161,171 profit.

Management

Itzhak MICHAELI Menashe Michaeli Pinhas MICHAELI
I.N. MICHAELI

Behind I.N. MICHAELI are Itzhak MICHAELI, Menashe Michaeli and Pinhas MICHAELI. The same people are also behind MIP GROUP.

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Directors

According to the 2025 annual accounts

Itzhak MICHAELI

Director

Also active at: MIP GROUP

Menashe Michaeli

Director

Also active at: MIP GROUP

Pinhas MICHAELI

Director

Also active at: MIP GROUP

Establishments

Establishment units

Physical locations of this company

Registered office

Vestingstraat 51

2018 Antwerpen

2.045.667.939

Vestingstraat 59

2018 Antwerpen

Active since 21 November 1989

2.202.051.141

Vestingstraat 51A

2018 Antwerpen

Active since 1 August 2008

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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

ApacheGoogle AnalyticsGoogle FontsOpenCartPHPjQueryjQuery UI

Hosting & Email

Email provider

Self-hosted

Hosting

SERVERCENTRAL - DEFT.COM, US

Website info

HTTPS Ja
Languages EN

Features

Webshop Blog Client portal Contact page

Security

✓ HTTPS
✓ SPF
✗ DMARC

Details

Company number
0438.747.628
VAT number
BE 0438.747.628
Registered office
Vestingstraat 51, 2018 Antwerpen
Names & denominations
I.N. MICHAELI
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
15 November 1989
Peppol
Active · Active since 29 Jan 2026
Activities · NACE

Detailhandel in uurwerken en sieraden

Frequently asked questions

What does I.N. MICHAELI do?
I.N. MICHAELI is a jeweller in Antwerpen. Private Limited, started on 15 November 1989, 2 establishments.
What is the address of I.N. MICHAELI?
The registered office of I.N. MICHAELI is located at Vestingstraat 51, 2018 Antwerpen.
Is I.N. MICHAELI still active?
Yes. According to the CBE (2 October 2026) I.N. MICHAELI is active, legal situation “Normale toestand”, started on 15 November 1989.
Is I.N. MICHAELI registered on Peppol?
Yes, I.N. MICHAELI is registered on the Peppol network with ID 0208:0438747628.
What is the enterprise number of I.N. MICHAELI?
The enterprise number of I.N. MICHAELI is BE0438747628.
When was I.N. MICHAELI founded?
I.N. MICHAELI was founded on 15 November 1989.