Financials
Financial year 2025
Michiels Motors from Opwijk, company number BE0767381153, closed financial year 2025 with a result of € 66,838 after tax. For that financial year Michiels Motors recorded a gross margin of € 106,508 and equity of € 245,684. Compared with financial year 2024, the result moved from € 59,347 to € 66,838. 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 August 26, 2026.
€ 245,684
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,838
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 250,856
▲ 23% 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 € 240,684.
People and assets in 2025
€ 5,037
▲ 122% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,077
▼ 14% vs 2024
€ 9,518 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 48,177
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,131
▼ 41% 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 | € 59,610 | € 68,183 | € 92,619 | € 106,508 | ▲ 15% |
| Profit after taxes | € 34,295 | € 40,597 | € 59,347 | € 66,838 | ▲ 13% |
| Equity | € 78,902 | € 119,499 | € 178,846 | € 245,684 | ▲ 37% |
| Total debts | € 324,033 | € 286,445 | € 321,183 | € 310,026 | ▼ 3% |
| Cash | € 130,393 | € 124,216 | € 203,914 | € 250,856 | ▲ 23% |
| Retained profit | € 73,902 | € 114,499 | € 173,846 | € 240,684 | ▲ 38% |
| Bank debt | € 0 | € 0 | € 29,131 | € 25,077 | ▼ 14% |
| Balance sheet total | € 402,935 | € 405,944 | € 500,028 | € 555,710 | ▲ 11% |
Key figures of Michiels Motors, 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 Motors?
What happened at Michiels Motors in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 66,838 (▲ 13% vs 2024). filed late Source: NBB ↗
- New establishment in Opwijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,295 profit in 2022 to € 66,838 profit in 2025.
Paid € 68,517 in corporate taxes since 2022.
Best year ever: 2025, with € 66,838 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 Motors are Jimmy Michiels and Emiel Michiels.
Directors
According to the 2025 annual accounts
Jimmy Michiels
Director
Emiel Michiels
Director
Establishments
Establishment units
Physical locations of this company
Stwg. op Brussel 135
1745 Opwijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0767.381.153
- VAT number
- BE 0767.381.153
- Registered office
- Stwg. op Brussel 135, 1745 Opwijk
- Names & denominations
- Michiels Motors
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 April 2021
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in onderdelen en accessoires van motorvoertuigen
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Reparatie en montage van specifieke auto-onderdelen
Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen
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