Financials
Financial year 2025
BOUWWERKEN MICHIELS GEERT from Herselt, company number BE0477183580, closed financial year 2025 with a result of € 3,620 after tax. For that financial year BOUWWERKEN MICHIELS GEERT recorded a gross margin of € 59,864 and equity of € 6,440. Compared with financial year 2024, the result moved from € 14,744 to € 3,620. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 6,440
▲ 128% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,620
▼ 75% vs 2024
Profit after tax over the fiscal year.
€ 3,753
▲ 14% 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 € -5,960.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 36,264
▼ 29% 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.
€ 12,912
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 64,833
▼ 18% vs 2024
Loans from banks and other lenders, long and short.
€ 12,189
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,177
▼ 64% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 103,236 | € 90,378 | € 92,744 | € 59,864 | ▼ 35% |
| Profit after taxes | € 5,957 | € -9,520 | € 14,744 | € 3,620 | ▼ 75% |
| Equity | € -2,404 | € -11,924 | € 2,820 | € 6,440 | ▲ 128% |
| Total debts | € 158,171 | € 125,439 | € 141,318 | € 83,199 | ▼ 41% |
| Cash | € 2,992 | € 2,025 | € 3,285 | € 3,753 | ▲ 14% |
| Retained profit | € -14,804 | € -24,324 | € -9,580 | € -5,960 | ▲ € 3,620 |
| Bank debt | € 120,526 | € 105,795 | € 79,308 | € 64,833 | ▼ 18% |
| Balance sheet total | € 155,767 | € 113,515 | € 144,138 | € 89,639 | ▼ 38% |
Key figures of BOUWWERKEN MICHIELS GEERT, 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 BOUWWERKEN MICHIELS GEERT?
What happened at BOUWWERKEN MICHIELS GEERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,620 (▼ 75% vs 2024). Source: NBB ↗
- New establishment in Herselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,957 profit in 2022 to € 3,620 profit in 2025.
Paid € 1,674 in corporate taxes since 2022.
Best year ever: 2024, with € 14,744 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 BOUWWERKEN MICHIELS GEERT is Geert Michiels.
Directors
According to the 2025 annual accounts
Geert Michiels
Director
Establishments
Establishment units
Physical locations of this company
Varenwinkel 8
2230 Herselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.183.580
- VAT number
- BE 0477.183.580
- Registered office
- Varenwinkel 8, 2230 Herselt
- Names & denominations
- BOUWWERKEN MICHIELS GEERT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 April 2002
- Peppol
- Active · Active since 28 Dec 2025
- Activities · NACE
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