Financials
Financial year 2025
MICHIELSEN from Herentals, company number BE0456050349, closed financial year 2025 with a result of € 78,507 after tax. For that financial year MICHIELSEN recorded a gross margin of € 135,163 and equity of € 257,071. Compared with financial year 2024, the result moved from € 90,249 to € 78,507. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 257,071
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 78,507
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 208,566
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 229,639 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 51,428
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,968
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,514
▲ 14% 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 | € 103,144 | € 96,680 | € 151,426 | € 135,163 | ▼ 11% |
| Profit after taxes | € 61,078 | € 56,589 | € 90,249 | € 78,507 | ▼ 13% |
| Equity | € 381,040 | € 385,109 | € 408,203 | € 257,071 | ▼ 37% |
| Total debts | € 48,765 | € 24,939 | € 34,087 | € 191,957 | ▲ € 157,869 |
| Cash | € 224,332 | € 153,696 | € 180,500 | € 208,566 | ▲ 16% |
| Retained profit | € 362,440 | € 366,509 | € 389,603 | € 238,471 | ▼ 39% |
| Dividend | € 60,320 | € 52,520 | € 67,155 | € 229,639 | ▲ 242% |
| Balance sheet total | € 429,805 | € 410,048 | € 442,291 | € 449,027 | ▲ 2% |
Key figures of MICHIELSEN, 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 MICHIELSEN?
What happened at MICHIELSEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 78,507 (▼ 13% vs 2024). filed late Source: NBB ↗
- Kristof Michielsen became a director. NBB
- Bert Michielsen became a director. NBB
- New establishment in Herentals. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,078 profit in 2022 to € 78,507 profit in 2025.
Paid € 112,002 in corporate taxes since 2022.
Best year ever: 2024, with € 90,249 profit.
Paid out € 409,634 in dividends to the owners in total.
Management
Behind MICHIELSEN are Kristof Michielsen and Bert Michielsen.
Directors
According to the 2025 annual accounts
Kristof Michielsen
Administrator-manager
since 2018
Bert Michielsen
Administrator-manager
since 2018
Establishments
Establishment units
Physical locations of this company
Zeven Zillen(NDW) 1
2200 Herentals
Woud(NDW) 2 box 1
2200 Herentals
Active since 30 October 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0456.050.349
- VAT number
- BE 0456.050.349
- Registered office
- Zeven Zillen(NDW) 1, 2200 Herentals
- Names & denominations
- MICHIELSEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 1995
- Peppol
- Active · Active since 24 Dec 2025
- Contact
- michielsenbv.be
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk