Financials
Financial year 2025
ALGEMENE AANNEMINGEN GEERT MICHIELS from Bilzen-Hoeselt, company number BE0673782784, closed financial year 2025 with a result of € 34,340 after tax. For that financial year ALGEMENE AANNEMINGEN GEERT MICHIELS recorded a gross margin of € 64,628 and equity of € 187,219. Compared with financial year 2024, the result moved from € 16,532 to € 34,340. Profitable, and profit is growing. 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 July 6, 2026.
€ 187,219
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,340
▲ 108% vs 2024
Profit after tax over the fiscal year.
€ 49,760
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 34,340 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,790
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 15,847
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11,434
▼ 38% vs 2024
€ 7,181 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,521
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,878
▲ 74% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,531 | € 55,936 | € 39,604 | € 64,628 | ▲ 63% |
| Profit after taxes | € 31,442 | € 29,101 | € 16,532 | € 34,340 | ▲ 108% |
| Equity | € 141,586 | € 170,687 | € 187,219 | € 187,219 | |
| Total debts | € 58,831 | € 60,799 | € 31,731 | € 60,022 | ▲ 89% |
| Cash | € 66,182 | € 60,873 | € 35,471 | € 49,760 | ▲ 40% |
| Land & buildings | € 3,868 | € 8,143 | € 17,049 | € 14,103 | ▼ 17% |
| Retained profit | € 139,586 | € 168,687 | € 185,219 | € 185,219 | |
| Dividend | € 0 | € 0 | € 0 | € 34,340 | |
| Bank debt | € 32,696 | € 25,997 | € 18,478 | € 11,434 | ▼ 38% |
| Balance sheet total | € 200,417 | € 231,486 | € 218,950 | € 247,241 | ▲ 13% |
Key figures of ALGEMENE AANNEMINGEN 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 31 July 2027.
What happened to ALGEMENE AANNEMINGEN GEERT MICHIELS?
What happened at ALGEMENE AANNEMINGEN GEERT 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 € 34,340 (▲ 108% vs 2024). Source: NBB ↗
- New establishment in Bilzen-Hoeselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,442 profit in 2022 to € 34,340 profit in 2025.
Paid € 45,604 in corporate taxes since 2022.
Best year ever: 2025, with € 34,340 profit.
Paid out € 34,340 in dividends to the owners in total.
Management
Behind ALGEMENE AANNEMINGEN GEERT MICHIELS is Geert Michiels .
Directors
According to the 2025 annual accounts
Geert Michiels
Director
Establishments
Establishment units
Physical locations of this company
Kempenstraat 2
3740 Bilzen-Hoeselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0673.782.784
- VAT number
- BE 0673.782.784
- Registered office
- Kempenstraat 2, 3740 Bilzen-Hoeselt
- Names & denominations
- ALGEMENE AANNEMINGEN GEERT MICHIELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 2017
- Peppol
- Active · Active since 3 Jun 2025
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