Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MICHIELS IMMO from Dessel, company number BE0450870351, closed financial year 2025 with a result of € -349 after tax. For that financial year MICHIELS IMMO recorded a gross margin of € 7,830 and equity of € 251,587. Compared with financial year 2024, the result moved from € -8,212 to € -349. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 251,587
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -349
▲ 96 % less loss than in 2024
Profit after tax over the fiscal year.
€ 36
▲ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -125,157.
Debts at end 2025
€ 26,163
▼ 28% vs 2024
€ 13,295 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 72,322
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,425
▲ 15% 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 | € -7,531 | € -1,883 | € -363 | € 7,830 | ▲ € 8,193 |
| Profit after taxes | € -16,122 | € -10,098 | € -8,212 | € -349 | ▲ € 7,863 |
| Equity | € 270,246 | € 260,148 | € 251,936 | € 251,587 | |
| Total debts | € 531,048 | € 564,705 | € 541,112 | € 543,835 | ▲ 1% |
| Cash | € 13 | € 30 | € 25 | € 36 | ▲ 45% |
| Land & buildings | € 483,999 | € 478,665 | € 473,332 | € 467,998 | ▼ 1% |
| Retained profit | € -106,499 | € -116,597 | € -124,808 | € -125,157 | |
| Bank debt | € 55,298 | € 45,986 | € 36,280 | € 26,163 | ▼ 28% |
| Balance sheet total | € 821,047 | € 843,666 | € 810,920 | € 812,354 |
Key figures of MICHIELS IMMO, 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 IMMO?
What happened at MICHIELS IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 349. filed late Source: NBB ↗
- LEA REYNDERS became a director. NBB
- New establishment in Dessel. KBO
- BENNY REYNDERS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 16,122 loss in 2022 to € 349 loss in 2025.
Management
Behind MICHIELS IMMO are LEA REYNDERS and BENNY REYNDERS. LEA REYNDERS is also behind MAASCH, ARTHER and G & S KINE CARE. BENNY REYNDERS is also behind Michiels.
Directors
According to the 2025 annual accounts
since 2010
since 1993
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.
Details
- Company number
- 0450.870.351
- VAT number
- BE 0450.870.351
- Registered office
- Kastelsedijk 42, 2480 Dessel
- Names & denominations
- MICHIELS IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 1993
- Peppol
- Active · Active since 8 Jan 2026
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