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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
HOEDAERT - MICHIELS from Geraardsbergen, company number BE0457394887, closed financial year 2025 with a result of € 11,060 after tax. For that financial year HOEDAERT - MICHIELS recorded a gross margin of € 62,222 and equity of € 712,518. Compared with financial year 2024, the result moved from € 17,432 to € 11,060. 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 July 24, 2026.
€ 712,518
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,060
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 75,565
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 32,940 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 5,049
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 1,301
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,647
▲ 43% 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 | € 78,813 | € 77,134 | € 73,141 | € 62,222 | ▼ 15% |
| Profit after taxes | € 20,461 | € 19,177 | € 17,432 | € 11,060 | ▼ 37% |
| Equity | € 744,641 | € 740,045 | € 734,397 | € 712,518 | ▼ 3% |
| Total debts | € 40,548 | € 31,743 | € 34,723 | € 40,636 | ▲ 17% |
| Cash | € 12,798 | € 30,463 | € 60,805 | € 75,565 | ▲ 24% |
| Land & buildings | € 832,473 | € 793,844 | € 757,189 | € 720,535 | ▼ 5% |
| Retained profit | € 726,049 | € 721,453 | € 715,805 | € 693,926 | ▼ 3% |
| Dividend | € 39,440 | € 23,774 | € 23,080 | € 32,940 | ▲ 43% |
| Bank debt | € 5,014 | € 5,056 | € 5,103 | € 5,049 | ▼ 1% |
| Balance sheet total | € 870,076 | € 852,901 | € 846,461 | € 826,720 | ▼ 2% |
Key figures of HOEDAERT - MICHIELS, 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 HOEDAERT - MICHIELS?
What happened at HOEDAERT - MICHIELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,060 (▼ 37% vs 2024). Source: NBB ↗
- New establishment in Geraardsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,461 profit in 2022 to € 11,060 profit in 2025.
Paid € 52,381 in corporate taxes since 2022.
Best year ever: 2022, with € 20,461 profit.
Paid out € 119,233 in dividends to the owners in total.
Management
Behind HOEDAERT - MICHIELS are KRISTOF HOEDAERT and ARLETTE MICHIELS. KRISTOF HOEDAERT is also behind HOEDAERT-KEIRENS.
Directors
According to the 2025 annual accounts
ARLETTE MICHIELS
Director
Establishments
Establishment units
Physical locations of this company
Lestpolder(Gri) 112
9506 Geraardsbergen
Lestpolder(Zan) 112
9506 Geraardsbergen
Active since 14 March 1996
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.394.887
- VAT number
- BE 0457.394.887
- Registered office
- Lestpolder(Gri) 112, 9506 Geraardsbergen
- Names & denominations
- HOEDAERT - MICHIELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 February 1996
- Peppol
- Not registered