Financials
Financial year 2025
M.V.D. MICHIELS from Kortenberg, company number BE0465922771, closed financial year 2025 with a result of € 6,216 after tax. For that financial year M.V.D. MICHIELS recorded a gross margin of € 232,659 and equity of € 368,496. Compared with financial year 2024, the result moved from € 46,099 to € 6,216. The company is profitable. 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 August 28, 2026.
€ 368,496
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,216
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 83,973
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 362,296.
People and assets in 2025
€ 90,449
▲ 21% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 140,227
▲ 93% vs 2024
Of which on lease € 80,716.
Debts at end 2025
€ 440,226
▲ 1% vs 2024
€ 65,501 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 34,686
▲ € 32,985 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,969
▼ 70% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 141,289 | € 204,824 | € 205,952 | € 232,659 | ▲ 13% |
| Profit after taxes | € 13,979 | € 40,568 | € 46,099 | € 6,216 | ▼ 87% |
| Equity | € 275,613 | € 316,181 | € 362,280 | € 368,496 | ▲ 2% |
| Total debts | € 516,940 | € 614,074 | € 507,037 | € 495,881 | ▼ 2% |
| Cash | € 96,284 | € 193,305 | € 196,046 | € 83,973 | ▼ 57% |
| Land & buildings | € 662,845 | € 623,893 | € 584,940 | € 575,876 | ▼ 2% |
| Retained profit | € 269,413 | € 309,981 | € 356,080 | € 362,296 | ▲ 2% |
| Bank debt | € 496,334 | € 492,510 | € 435,091 | € 440,226 | ▲ 1% |
| Balance sheet total | € 792,552 | € 930,256 | € 869,317 | € 864,377 | ▼ 1% |
Key figures of M.V.D. 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 M.V.D. MICHIELS?
What happened at M.V.D. 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 € 6,216 (▼ 87% vs 2024). filed late Source: NBB ↗
- Joerie Michiels became a director. NBB
- Steven Michiels became a director. NBB
- Stijn Michiels became a director. NBB
- New establishment in Kortenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,979 profit in 2022 to € 6,216 profit in 2025.
Paid € 39,932 in corporate taxes since 2022.
Best year ever: 2024, with € 46,099 profit.
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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 M.V.D. MICHIELS are Joerie Michiels, Steven Michiels and Stijn Michiels.
Directors
According to the 2025 annual accounts
Joerie Michiels
Director
since 2024
Steven Michiels
Director
since 2024
Stijn Michiels
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Kouterstraat 24A
3071 Kortenberg
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
AS-UNIXSOLUTIONS Unix-Solutions Network, BE
Website info
Features
Security
Network
Details
- Company number
- 0465.922.771
- VAT number
- BE 0465.922.771
- Registered office
- Kouterstraat 24A, 3071 Kortenberg
- Names & denominations
- M.V.D. MICHIELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 April 1999
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- mvd-michiels.be
- Activities · NACE
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