Active · per the CBE, 30 October 2026

GEERT MICHIELS

BE0480419917

Rechtspersoon Public limited company 3 establishments

GEERT MICHIELS is an earthmoving contractor in Liedekerke. Public Limited, started on 30 May 2003, 3 establishments.

Opperstraat 41, 1770 Liedekerke

Active for

23 year, 5 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GEERT MICHIELS from Liedekerke, company number BE0480419917, closed financial year 2025 with a result of € -2,723 after tax. For that financial year GEERT MICHIELS recorded a gross margin of € 104,874 and equity of € 249,060. Compared with financial year 2024, the result moved from € -31,169 to € -2,723. 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 April 21, 2026.

What it is worth Healthy

€ 249,060

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -2,723

▲ 91 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 79,371

▲ 161% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 187,060.

People and assets in 2025

Vehicles and equipment

€ 96,993

▼ 9% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 127,563

▼ 17% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 6,860

▼ 57% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 11,265

▲ 60% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 104,304 € 123,417 € 84,937 € 104,874 ▲ 23%
Profit after taxes € -14,115 € 1,495 € -31,169 € -2,723 ▲ € 28,446
Equity € 281,456 € 282,952 € 251,783 € 249,060 ▼ 1%
Total debts € 424,173 € 384,368 € 358,168 € 410,721 ▲ 15%
Cash € 37,532 € 82,141 € 30,364 € 79,371 ▲ 161%
Land & buildings € 330,643 € 297,197 € 265,930 € 237,266 ▼ 11%
Retained profit € 219,456 € 220,952 € 189,783 € 187,060 ▼ 1%
Bank debt € 274,100 € 214,485 € 154,444 € 127,563 ▼ 17%
Balance sheet total € 713,248 € 673,414 € 614,522 € 662,828 ▲ 8%

Key figures of GEERT 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 30 April 2027.

What happened to GEERT MICHIELS?

What happened at GEERT MICHIELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Philippe Michiels stepped down as director. NBB
  • Geert Michiels stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 2,723. Source: NBB ↗
  • New establishment in Geraardsbergen. KBO
  • Philippe Michiels became a director. NBB
  • Geert Michiels became a director. NBB
  • Start of the company according to the CBE. KBO
  • New establishment in Liedekerke. KBO

In short

From € 14,115 loss in 2022 to € 2,723 loss in 2025.

Paid € 1,191 in corporate taxes since 2022.

Best year ever: 2023, with € 1,495 profit.

Management

Directors

According to the 2025 annual accounts

Philippe Michiels

Director

since 2021 · until 2027

Geert Michiels

Managing director

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Opperstraat 41

1770 Liedekerke

2.133.707.713

Eigenstraat(DE) 73

9450 Haaltert

Active since 21 May 2003

2.375.841.091

Diebeke(Sch) 14

9500 Geraardsbergen

Active since 1 July 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0480.419.917
VAT number
BE 0480.419.917
Registered office
Opperstraat 41, 1770 Liedekerke
Names & denominations
GEERT MICHIELS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
30 May 2003
Peppol
Active · Active since 1 Aug 2025
Activities · NACE

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Frequently asked questions

What does GEERT MICHIELS do?
GEERT MICHIELS is an earthmoving contractor in Liedekerke. Public Limited, started on 30 May 2003, 3 establishments.
What is the address of GEERT MICHIELS?
The registered office of GEERT MICHIELS is located at Opperstraat 41, 1770 Liedekerke.
Is GEERT MICHIELS still active?
Yes. According to the CBE (30 October 2026) GEERT MICHIELS is active, legal situation “Normale toestand”, started on 30 May 2003.
Is GEERT MICHIELS registered on Peppol?
Yes, GEERT MICHIELS is registered on the Peppol network with ID 0208:0480419917.
What is the enterprise number of GEERT MICHIELS?
The enterprise number of GEERT MICHIELS is BE0480419917.
When was GEERT MICHIELS founded?
GEERT MICHIELS was founded on 30 May 2003.