Warning lights
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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MICHIELS CARS from Geel, company number BE0463966440, closed financial year 2025 with a result of € -1,261 after tax. For that financial year MICHIELS CARS recorded a gross margin of € -66 and equity of € 33,645. Compared with financial year 2024, the result moved from € -1,277 to € -1,261. The company made a loss. 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 January 29, 2026.
€ 33,645
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,261
▲ 1 % less loss than in 2024
Profit after tax over the fiscal year.
€ 29,594
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 15,053.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 136
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,384 | € 1,769 | € -983 | € -66 | ▲ € 917 |
| Profit after taxes | € 10,015 | € 490 | € -1,277 | € -1,261 | ▲ € 16 |
| Equity | € 35,693 | € 36,183 | € 34,906 | € 33,645 | ▼ 4% |
| Total debts | € 13,214 | € 3,428 | € 136 | € 136 | |
| Cash | € 47,228 | € 39,271 | € 30,855 | € 29,594 | ▼ 4% |
| Retained profit | € 17,101 | € 17,591 | € 16,314 | € 15,053 | ▼ 8% |
| Balance sheet total | € 48,907 | € 39,612 | € 35,042 | € 33,781 | ▼ 4% |
Key figures of MICHIELS CARS, 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 MICHIELS CARS?
What happened at MICHIELS CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,261. Source: NBB ↗
- Jozef Michiels became a director. NBB
- Jorne Schaeken became a director. NBB
- New establishment in Geel. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,015 profit in 2022 to € 1,261 loss in 2025.
Paid € 645 in corporate taxes since 2022.
Best year ever: 2022, with € 10,015 profit.
Management
The stake of August Michiels comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MICHIELS CARSBehind MICHIELS CARS are Jozef Michiels and Jorne Schaeken. The shares are held by August Michiels (100%).
Directors
According to the 2025 annual accounts
since 2019
Jorne Schaeken
Director
since 2019
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Retieseweg 98
2440 Geel
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
- 0463.966.440
- VAT number
- BE 0463.966.440
- Registered office
- Retieseweg 98, 2440 Geel
- Names & denominations
- MICHIELS CARS · L.T.B.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 August 1998
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)