What does Michielsen do?

Michielsen is an electrical contractor in Brecht. Private Limited, started on 6 June 2018, 1 establishment.

What is the address of Michielsen?

The registered office of Michielsen is located at Luyckstraat 11A, 2960 Brecht.

Is Michielsen still active?

Yes. According to the CBE (29 September 2026) Michielsen is active, legal situation “Normale toestand”, started on 6 June 2018.

Is Michielsen registered on Peppol?

Yes, Michielsen is registered on the Peppol network with ID 0208:0697682101.

What is the enterprise number of Michielsen?

The enterprise number of Michielsen is BE0697682101.

When was Michielsen founded?

Michielsen was founded on 6 June 2018.

Who are the directors of Michielsen?

According to the 2025 annual accounts, the directors of Michielsen are: Mathias Michielsen.

Is Michielsen a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 June 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Michielsen make in 2025?

Michielsen posted a profit after taxes of € 141,373 in financial year 2025.

What is the revenue of Michielsen?

As a small company, Michielsen is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 375,202.

Does Michielsen have a website?

Yes, Michielsen has a website at openendicht.be.

Michielsen (Private Limited) - Brecht - BE0697682101

Dossier Michielsen, printed on 29 September 2026 from databakkes.be/en/0697682101/michielsen. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Michielsen from Brecht, company number BE0697682101, closed financial year 2025 with a result of € 141,373 after tax. For that financial year Michielsen recorded a gross margin of € 375,202 and equity of € 556,724. Compared with financial year 2024, the result moved from € 127,144 to € 141,373. 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 August 19, 2026.

What it is worth Growing

€ 556,724

▲ 17% vs 2024

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

Profit Growing

€ 141,373

▲ 11% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 317,231

▲ 84% vs 2024

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

Where the profit goes Pays out

€ 58,824 paid out

42 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 112,585

▲ 63% 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.

Vehicles and equipment

€ 105,880

▲ € 89,826 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 876,084

▲ 1% vs 2024

€ 77,775 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 99,062

▲ 139% vs 2024

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

Taxes and wages

€ 12,632

▼ 49% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 144,840 Gross margin 2022: € 144,840 First fiscal year in the series	€ 295,168 Gross margin 2023: € 295,168 ▲ 104% vs 2022 (€ 144,840) Favourable step	€ 262,337 Gross margin 2024: € 262,337 ▼ 11% vs 2023 (€ 295,168) Unfavourable step	€ 375,202 Gross margin 2025: € 375,202 ▲ 43% vs 2024 (€ 262,337) Favourable step	▲ 43%
Profit after taxes	€ 52,097 Profit after taxes 2022: € 52,097 First fiscal year in the series	€ 119,027 Profit after taxes 2023: € 119,027 ▲ 128% vs 2022 (€ 52,097) Favourable step	€ 127,144 Profit after taxes 2024: € 127,144 ▲ 7% vs 2023 (€ 119,027) Favourable step	€ 141,373 Profit after taxes 2025: € 141,373 ▲ 11% vs 2024 (€ 127,144) Favourable step	▲ 11%
Equity	€ 228,893 Equity 2022: € 228,893 First fiscal year in the series	€ 347,031 Equity 2023: € 347,031 ▲ 52% vs 2022 (€ 228,893) Favourable step	€ 474,175 Equity 2024: € 474,175 ▲ 37% vs 2023 (€ 347,031) Favourable step	€ 556,724 Equity 2025: € 556,724 ▲ 17% vs 2024 (€ 474,175) Favourable step	▲ 17%
Total debts	€ 218,032 Total debts 2022: € 218,032 First fiscal year in the series	€ 202,543 Total debts 2023: € 202,543 ▼ 7% vs 2022 (€ 218,032) Favourable step	€ 935,170 Total debts 2024: € 935,170 ▲ € 732,627 vs 2023 (€ 202,543) Unfavourable step	€ 1,049,641 Total debts 2025: € 1,049,641 ▲ 12% vs 2024 (€ 935,170) Unfavourable step	▲ 12%
Cash	€ 232,182 Cash 2022: € 232,182 First fiscal year in the series	€ 280,582 Cash 2023: € 280,582 ▲ 21% vs 2022 (€ 232,182) Favourable step	€ 172,388 Cash 2024: € 172,388 ▼ 39% vs 2023 (€ 280,582) Unfavourable step	€ 317,231 Cash 2025: € 317,231 ▲ 84% vs 2024 (€ 172,388) Favourable step	▲ 84%
Land & buildings	€ 55,451 Land & buildings 2022: € 55,451 First fiscal year in the series	€ 50,021 Land & buildings 2023: € 50,021 ▼ 10% vs 2022 (€ 55,451) Unchanged	€ 293,488 Land & buildings 2024: € 293,488 ▲ € 243,467 vs 2023 (€ 50,021) Unchanged	€ 286,956 Land & buildings 2025: € 286,956 ▼ 2% vs 2024 (€ 293,488) Unchanged	▼ 2%
Retained profit	€ 210,343 Retained profit 2022: € 210,343 First fiscal year in the series	€ 328,481 Retained profit 2023: € 328,481 ▲ 56% vs 2022 (€ 210,343) Favourable step	€ 455,625 Retained profit 2024: € 455,625 ▲ 39% vs 2023 (€ 328,481) Favourable step	€ 538,174 Retained profit 2025: € 538,174 ▲ 18% vs 2024 (€ 455,625) Favourable step	▲ 18%
Dividend	€ 17,647 Dividend 2022: € 17,647 First fiscal year in the series	€ 889 Dividend 2023: € 889 ▼ 95% vs 2022 (€ 17,647) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 889) Unchanged	€ 58,824 Dividend 2025: € 58,824 Unchanged (€ 0) Unchanged
Bank debt	€ 76,023 Bank debt 2022: € 76,023 First fiscal year in the series	€ 56,113 Bank debt 2023: € 56,113 ▼ 26% vs 2022 (€ 76,023) Favourable step	€ 865,502 Bank debt 2024: € 865,502 ▲ € 809,389 vs 2023 (€ 56,113) Unfavourable step	€ 876,084 Bank debt 2025: € 876,084 ▲ 1% vs 2024 (€ 865,502) Unfavourable step	▲ 1%
Balance sheet total	€ 446,925 Balance sheet total 2022: € 446,925 First fiscal year in the series	€ 549,574 Balance sheet total 2023: € 549,574 ▲ 23% vs 2022 (€ 446,925) Unchanged	€ 1,409,344 Balance sheet total 2024: € 1,409,344 ▲ 156% vs 2023 (€ 549,574) Unchanged	€ 1,606,365 Balance sheet total 2025: € 1,606,365 ▲ 14% vs 2024 (€ 1,409,344) Unchanged	▲ 14%

Key figures of Michielsen, 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 Michielsen?

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

Aug 19, 2026 New annual accounts for financial year 2025: profit of € 141,373 (▲ 11% vs 2024). filed late Source: NBB ↗
Jun 6, 2018 New establishment in Brecht. KBO
Jun 6, 2018 Start of the company according to the CBE. KBO

In short

From € 52,097 profit in 2022 to € 141,373 profit in 2025.

Paid € 122,623 in corporate taxes since 2022.

Best year ever: 2025, with € 141,373 profit.

Paid out € 77,359 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at Michielsen? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Mathias Michielsen

Michielsen

Verdijck Luc 100%

Behind Michielsen is Mathias Michielsen. It owns 100% of Verdijck Luc itself.

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Directors

According to the 2025 annual accounts

Mathias Michielsen

Director

Also active at: VERDIJCK LUC

Establishments

Establishment units

Physical locations of this company

Registered office

Luyckstraat 11A

2960 Brecht

2.278.580.973

Luyckstraat 11 box A

2960 Brecht

Active since 6 June 2018

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

Website

HTTPS openendicht.be

Canonical: https://www.openendicht.be

Technologies

Amazon CloudFrontCloudflare CDNGoogle FontsGoogle Tag ManagerTurnstilejQueryjsDelivrreCAPTCHA

Hosting & Email

Email provider

Microsoft 365

Hosting

CLOUDFLARESPECTRUM Cloudflare, Inc., US

Website info

HTTPS Ja

Languages EN, NL

Features

Jobs Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0697.682.101

VAT number

BE 0697.682.101

Registered office

Luyckstraat 11A, 2960 Brecht

Names & denominations

Michielsen

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

6 June 2018

Peppol

Active · Active since 1 Jan 2001

Contact

openendicht.be

Activities · NACE

Algemene elektrotechnische installatiewerken

Schrijnwerk

View on CBE Public ↗ Annual accounts (NBB) ↗

Michielsen

Financials

What happened to Michielsen?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

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