Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MICHIELS CAR et CO from Beersel, company number BE0452415720, closed financial year 2025 with a result of € 2,210 after tax. For that financial year MICHIELS CAR et CO recorded a gross margin of € 10,991 and equity of € -37,561. Compared with financial year 2024, the result moved from € -708 to € 2,210. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 30, 2025.
€ -37,561
▲ € 2,210 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,210
▲ still € 708 loss in 2024
Profit after tax over the fiscal year.
€ 9,321
▲ 37% 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 € -43,758.
Debts at end 2025
€ 16,689
▲ 16% vs 2024
Loans from banks and other lenders, long and short.
€ 72,392
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,036
▲ 224% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,004 | € -9,207 | € 7,972 | € 10,991 | ▲ 38% |
| Profit after taxes | € -11,738 | € -20,374 | € -708 | € 2,210 | ▲ € 2,919 |
| Equity | € -18,688 | € -39,062 | € -39,771 | € -37,561 | ▲ € 2,210 |
| Total debts | € 63,962 | € 95,042 | € 99,579 | € 130,392 | ▲ 31% |
| Cash | - | € 2,367 | € 6,779 | € 9,321 | ▲ 37% |
| Retained profit | € -24,885 | € -45,260 | € -45,968 | € -43,758 | ▲ € 2,210 |
| Bank debt | € 18,034 | € 5,658 | € 14,331 | € 16,689 | ▲ 16% |
| Balance sheet total | € 45,274 | € 55,979 | € 59,809 | € 92,831 | ▲ 55% |
Key figures of MICHIELS CAR et CO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to MICHIELS CAR et CO?
What happened at MICHIELS CAR et CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,210. filed late Source: NBB ↗
- New establishment in Beersel. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,738 loss in 2022 to € 2,210 profit in 2025.
Best year ever: 2025, with € 2,210 profit.
Establishments
Establishment units
Physical locations of this company
Jozef Huysmanslaan 21
1651 Beersel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.415.720
- VAT number
- BE 0452.415.720
- Registered office
- Jozef Huysmanslaan 21, 1651 Beersel
- Names & denominations
- MICHIELS CAR et CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 1994
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)