Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 14.5 to 11.9.
Financials
Financial year 2025
Michiels, Stroeykens & Pelgrims from Aarschot, company number BE0471669428, closed financial year 2025 with a result of € 790,666 after tax. For that financial year Michiels, Stroeykens & Pelgrims recorded a gross margin of € 1.8 million and equity of € 442,586. Compared with financial year 2024, the result moved from € 468,874 to € 790,666. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 20, 2026.
€ 442,586
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 790,666
▲ 69% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 765,000 paid out
97 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
11.9
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 940,080
▼ 14% vs 2024
€ 79,000 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.
€ 66,287
▲ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,790
▼ 67% vs 2024
Loans from banks and other lenders, long and short.
€ 78,833
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 160,788
▼ 90% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,700,918 | € 1,818,242 | € 1,620,706 | € 1,793,776 | ▲ 11% |
| Profit after taxes | € 657,516 | € 595,492 | € 468,874 | € 790,666 | ▲ 69% |
| Equity | € 437,123 | € 438,140 | € 439,323 | € 442,586 | ▲ 1% |
| Total debts | € 9,585,901 | € 10,853,101 | € 8,876,882 | € 1,037,033 | ▼ 88% |
| Cash | € 9,646,421 | € 10,942,007 | € 9,119,251 | € 1,278,714 | ▼ 86% |
| Retained profit | € 417,123 | € 418,140 | € 419,323 | € 422,586 | ▲ 1% |
| Dividend | € 630,000 | € 571,500 | € 445,000 | € 765,000 | ▲ 72% |
| Bank debt | € 21,580 | € 14,318 | € 8,342 | € 2,790 | ▼ 67% |
| Balance sheet total | € 10,023,024 | € 11,291,241 | € 9,316,204 | € 1,479,618 | ▼ 84% |
| Employees (FTE) | 13.7 | 14.5 | 13.3 | 11.9 | ▼ 1.4 |
Key figures of Michiels, Stroeykens & Pelgrims, 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 Michiels, Stroeykens & Pelgrims?
What happened at Michiels, Stroeykens & Pelgrims in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 790,666 (▲ 69% vs 2024). Source: NBB ↗
- Pelgrims Kathleen became a director. NBB
- Stroeykens Lieve became a director. NBB
- Michiels Dirk became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Aarschot. KBO
In short
From € 657,516 profit in 2022 to € 790,666 profit in 2025.
Paid € 61,361 in corporate taxes since 2022.
Best year ever: 2025, with € 790,666 profit.
On average € 150,700 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
The stake of Pelgrims Kathleen comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Michiels, Stroeykens & PelgrimsBehind Michiels, Stroeykens & Pelgrims are Pelgrims Kathleen, Stroeykens Lieve and Michiels Dirk. The shares are held by Pelgrims Kathleen (33.3%).
Directors
According to the 2025 annual accounts
Manager · represented by Kathleen Pelgrims
since 2014
Manager · represented by Lieve Stroeykens
since 2014
Manager · represented by Dirk Michiels
since 2014
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Boudewijnlaan 19
3200 Aarschot
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0471.669.428
- VAT number
- BE 0471.669.428
- Registered office
- Boudewijnlaan 19, 3200 Aarschot
- Names & denominations
- Michiels, Stroeykens & Pelgrims
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 April 2000
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Activiteiten van notarissen
Notariskantoor