Financials
Financial year 2025
MICHIELS GROUP from Zele, company number BE0643660920, closed financial year 2025 with a result of € 246,443 after tax. For that financial year MICHIELS GROUP recorded a gross margin of € 390,894 and equity of € 998,313. Compared with financial year 2024, the result moved from € 7,004 to € 246,443. Profitable, and profit is growing. 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 April 3, 2026.
€ 998,313
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 246,443
▲ € 239,439 vs 2024
Profit after tax over the fiscal year.
€ 67,700
▲ € 67,577 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 € 517,944.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,413
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,414
▲ € 17,004 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 168,241 | € 312,161 | € 141,850 | € 390,894 | ▲ 176% |
| Profit after taxes | € -55,974 | € 188,578 | € 7,004 | € 246,443 | ▲ € 239,439 |
| Equity | € 752,575 | € 875,724 | € 817,299 | € 998,313 | ▲ 22% |
| Total debts | € 344,718 | € 329,851 | € 318,255 | € 312,029 | ▼ 2% |
| Cash | € 29,993 | € 17,016 | € 123 | € 67,700 | ▲ € 67,577 |
| Retained profit | € 75,920 | € 264,497 | € 271,501 | € 517,944 | ▲ 91% |
| Bank debt | € 8,918 | € 5,351 | € 1,965 | € 0 | ▼ 100% |
| Balance sheet total | € 1,097,293 | € 1,205,575 | € 1,135,554 | € 1,310,342 | ▲ 15% |
Key figures of MICHIELS GROUP, 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 GROUP?
What happened at MICHIELS GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 246,443 (▲ € 239,439 vs 2024). Source: NBB ↗
- Luc Michiels became a director. NBB
- Katrien Michiels became a director. NBB
- Holger Loclair became a director. NBB
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,974 loss in 2022 to € 246,443 profit in 2025.
Best year ever: 2025, with € 246,443 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 MICHIELS GROUP are Luc Michiels, Jonas Kölsch, Katrien Michiels and Holger Loclair. The same people are also behind Group Michiels Advanced Materials. Luc Michiels is also behind UMISOL GROUP and LRM MANAGEMENT. Katrien Michiels is also behind UMISOL GROUP, VIANOVIX, ELYSE and MICHIELS REAL ESTATE.
Directors
According to the 2025 annual accounts
Luc Michiels
Managing director
Also active at: Group Michiels Advanced Materials, UMISOL GROUP, LRM MANAGEMENT
since 2024
Katrien Michiels
Managing director
Also active at: Group Michiels Advanced Materials, UMISOL GROUP, VIANOVIX, ELYSE, MICHIELS REAL ESTATE
since 2024
since 2024
Establishments
Establishment units
Physical locations of this company
Poldergotestraat 24
9240 Zele
Fazantenlaan 5
9250 Waasmunster
Active since 27 November 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0643.660.920
- VAT number
- BE 0643.660.920
- Registered office
- Poldergotestraat 24, 9240 Zele
- Names & denominations
- MICHIELS GROUP · /
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2015
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- 03/3349330
- Activities · NACE
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