Financials
Financial year 2025
Michiels & Co Bedrijfsrevisoren from Berlaar, company number BE0464261497, closed financial year 2025 with a result of € -101,828 after tax. For that financial year Michiels & Co Bedrijfsrevisoren recorded a gross margin of € -33,441 and equity of € 17,532. Compared with financial year 2024, the result moved from € 86,852 to € -101,828. The company made a loss. The buffer shrank hard: equity is 85 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 20, 2026.
€ 17,532
▼ 85% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -101,828
▼ still € 86,852 profit in 2024
Profit after tax over the fiscal year.
€ 78
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5,132.
People and assets in 2025
€ 32,432
▲ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 1% vs 2024
€ 139,760 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 158,796
▲ 291% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 155
▼ € 83,862 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 | € -7,156 | € 125,557 | € 86,817 | € -33,441 | ▼ € 120,258 |
| Profit after taxes | € -82,057 | € 32,131 | € 86,852 | € -101,828 | ▼ € 188,679 |
| Equity | € 377 | € 32,508 | € 119,360 | € 17,532 | ▼ 85% |
| Total debts | € 2,592,241 | € 2,361,974 | € 1,353,129 | € 1,369,604 | ▲ 1% |
| Cash | € 41,951 | € 95 | € 11,840 | € 78 | ▼ 99% |
| Land & buildings | € 401,404 | € 252,716 | € 233,314 | € 216,318 | ▼ 7% |
| Retained profit | € -12,023 | € 20,108 | € 106,960 | € 5,132 | ▼ 95% |
| Bank debt | € 2,210,419 | € 2,120,396 | € 1,043,505 | € 1,035,646 | ▼ 1% |
| Balance sheet total | € 2,592,618 | € 2,394,482 | € 1,472,488 | € 1,387,135 | ▼ 6% |
Key figures of Michiels & Co Bedrijfsrevisoren, 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 & Co Bedrijfsrevisoren?
What happened at Michiels & Co Bedrijfsrevisoren in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 101,828 (▼ € 188,679 vs 2024). Source: NBB ↗
- New establishment in Berlaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,057 loss in 2022 to € 101,828 loss in 2025.
Paid € 16,940 in corporate taxes since 2022.
Best year ever: 2024, with € 86,852 profit.
Management
Behind Michiels & Co Bedrijfsrevisoren is Stefan Michiels. Stefan Michiels is also behind Groep Michiels Middelenvennootschap.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 98 box 7
2590 Berlaar
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0464.261.497
- VAT number
- BE 0464.261.497
- Registered office
- Dorpsstraat 98 bus 7, 2590 Berlaar
- Names & denominations
- Michiels & Co Bedrijfsrevisoren
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 1998
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen