Financials
Financial year 2025
SCHRIJNWERKERIJ MICHIELS from Aarschot, company number BE0461224706, closed financial year 2025 with a result of € 190,781 after tax. For that financial year SCHRIJNWERKERIJ MICHIELS recorded a gross margin of € 430,783 and equity of € 639,911. Compared with financial year 2024, the result moved from € 98,446 to € 190,781. 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 January 26, 2026.
€ 639,911
▲ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 190,781
▲ 94% vs 2024
Profit after tax over the fiscal year.
€ 13,820
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,346 paid out
13 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.1
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 56,116
▼ 19% vs 2024
€ 51,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 74,952
▲ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 304,653
▼ 13% vs 2024
€ 79,575 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 24,551
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,955
▲ 84% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 286,628 | € 359,546 | € 300,906 | € 430,783 | ▲ 43% |
| Profit after taxes | € 81,055 | € 109,049 | € 98,446 | € 190,781 | ▲ 94% |
| Equity | € 316,269 | € 376,030 | € 474,476 | € 639,911 | ▲ 35% |
| Total debts | € 385,957 | € 521,286 | € 405,776 | € 355,159 | ▼ 12% |
| Cash | € 2,942 | € 25,995 | € 23,949 | € 13,820 | ▼ 42% |
| Land & buildings | € 564,440 | € 537,144 | € 509,847 | € 482,551 | ▼ 5% |
| Retained profit | € 297,677 | € 357,438 | € 455,884 | € 621,319 | ▲ 36% |
| Dividend | € 0 | € 49,288 | € 0 | € 25,346 | |
| Bank debt | € 303,126 | € 387,670 | € 348,297 | € 304,653 | ▼ 13% |
| Balance sheet total | € 702,226 | € 897,315 | € 880,252 | € 995,070 | ▲ 13% |
| Employees (FTE) | - | - | 1 | 1.1 | ▲ 0.1 |
Key figures of SCHRIJNWERKERIJ 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 30 January 2027.
What happened to SCHRIJNWERKERIJ MICHIELS?
What happened at SCHRIJNWERKERIJ 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 € 190,781 (▲ 94% vs 2024). Source: NBB ↗
- PETER MICHIELS became a director. NBB
- New establishment in Aarschot. KBO
- Start of the company according to the CBE. KBO
- ROGER MICHIELS became a director. NBB
In short
From € 81,055 profit in 2022 to € 190,781 profit in 2025.
Paid € 188,105 in corporate taxes since 2022.
Best year ever: 2025, with € 190,781 profit.
On average € 391,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SCHRIJNWERKERIJ MICHIELS are PETER MICHIELS and ROGER MICHIELS.
Directors
According to the 2025 annual accounts
PETER MICHIELS
Director
since 2001
ROGER MICHIELS
Director
since 1997
Establishments
Establishment units
Physical locations of this company
Betekomsesteenweg 21
3200 Aarschot
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
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
Website info
Features
Security
Network
Details
- Company number
- 0461.224.706
- VAT number
- BE 0461.224.706
- Registered office
- Betekomsesteenweg 21, 3200 Aarschot
- Names & denominations
- SCHRIJNWERKERIJ MICHIELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 1997
- Peppol
- Active · Active since 29 Jun 2025
- Contact
- schrijnwerkerij-michiels.be
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2