Active · per the CBE, 18 September 2026

MICHIELS CONSTRUCT

BE0806867873

Rechtspersoon Private limited company 1 establishment

MICHIELS CONSTRUCT is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 6 October 2008, 1 establishment.

Poelstraat 137, 9820 Merelbeke-Melle

Behind the company: Alain Michiels.

Active for

17 year, 11 months

Financials

Financial year 2025

MICHIELS CONSTRUCT from Merelbeke-Melle, company number BE0806867873, closed financial year 2025 with a result of € 54,219 after tax. For that financial year MICHIELS CONSTRUCT recorded a gross margin of € 97,581 and equity of € 327,872. Compared with financial year 2024, the result moved from € 35,707 to € 54,219. 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 31, 2026.

What it is worth Growing

€ 327,872

▲ 20% vs 2024

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

Profit Growing

€ 54,219

▲ 52% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7,006

▼ 33% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 315,830.

People and assets in 2025

Vehicles and equipment

€ 2,044

▼ 51% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 118,612

▼ 21% vs 2024

€ 32,685 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 22,566

▲ € 19,506 vs 2024

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

Taxes

€ 16,015

▼ 9% vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
2021202320242025Change 2024 → 2025
Gross margin € 363,383 € 56,263 € 75,889 € 97,581 ▲ 29%
Profit after taxes € 126,424 € 26,304 € 35,707 € 54,219 ▲ 52%
Equity € 319,534 € 257,525 € 273,653 € 327,872 ▲ 20%
Total debts € 916,801 € 207,378 € 170,571 € 158,422 ▼ 7%
Cash € 65,362 € 7,825 € 10,429 € 7,006 ▼ 33%
Land & buildings € 378,342 € 357,531 € 348,784 € 338,197 ▼ 3%
Retained profit € 300,984 € 245,483 € 261,611 € 315,830 ▲ 21%
Dividend € 0 € 0 € 19,579 € 0 ▼ 100%
Bank debt € 692,821 € 179,542 € 149,897 € 118,612 ▼ 21%
Balance sheet total € 1,236,335 € 464,903 € 444,224 € 486,294 ▲ 9%
Employees (FTE) 2.2 - - -

Key figures of MICHIELS CONSTRUCT, fiscal years 2021 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 CONSTRUCT?

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

  • New annual accounts for financial year 2025: profit of € 54,219 (▲ 52% vs 2024). filed late Source: NBB ↗
  • Alain Michiels became a director. NBB
  • New establishment in Merelbeke-Melle. KBO
  • Start of the company according to the CBE. KBO

In short

From € 126,424 profit in 2021 to € 54,219 profit in 2025.

Paid € 72,446 in corporate taxes since 2021.

Best year ever: 2021, with € 126,424 profit.

On average € 165,200 of value added per employee in 2021.

Original PDFs at the National Bank ↗

A new publication or filing at MICHIELS CONSTRUCT? 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

Alain Michiels
MICHIELS CONSTRUCT
Q-TEC

Behind MICHIELS CONSTRUCT is Alain Michiels. Alain Michiels is also behind Q-TEC.

See the full network in the app

Directors

According to the 2025 annual accounts

Alain Michiels

Director

Also active at: Q-TEC

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Poelstraat 137

9820 Merelbeke-Melle

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

Details

Company number
0806.867.873
VAT number
BE 0806.867.873
Registered office
Poelstraat 137, 9820 Merelbeke-Melle
Names & denominations
MICHIELS CONSTRUCT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
6 October 2008
Peppol
Active · Active since 30 Dec 2025
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does MICHIELS CONSTRUCT do?
MICHIELS CONSTRUCT is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 6 October 2008, 1 establishment.
What is the address of MICHIELS CONSTRUCT?
The registered office of MICHIELS CONSTRUCT is located at Poelstraat 137, 9820 Merelbeke-Melle.
Is MICHIELS CONSTRUCT still active?
Yes. According to the CBE (18 September 2026) MICHIELS CONSTRUCT is active, legal situation “Normale toestand”, started on 6 October 2008.
Is MICHIELS CONSTRUCT registered on Peppol?
Yes, MICHIELS CONSTRUCT is registered on the Peppol network with ID 0208:0806867873.
What is the enterprise number of MICHIELS CONSTRUCT?
The enterprise number of MICHIELS CONSTRUCT is BE0806867873.
When was MICHIELS CONSTRUCT founded?
MICHIELS CONSTRUCT was founded on 6 October 2008.