Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KOEN MICHIELS HEALTH CARE MANAGEMENT from Elsene, company number BE0821855165, closed financial year 2025 with a result of € 81,668 after tax. For that financial year KOEN MICHIELS HEALTH CARE MANAGEMENT recorded a gross margin of € 170,152 and equity of € 315,311. Compared with financial year 2024, the result moved from € 121,896 to € 81,668. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 315,311
▼ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,668
▼ 33% vs 2024
Profit after tax over the fiscal year.
€ 70,380
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 277,822 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 153,331
▲ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 546,819
▲ € 470,721 vs 2024
€ 62,343 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 138,973
▲ € 133,246 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,356
▼ 45% 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 | € 160,296 | € 170,493 | € 208,668 | € 170,152 | ▼ 18% |
| Profit after taxes | € 104,343 | € 96,443 | € 121,896 | € 81,668 | ▼ 33% |
| Equity | € 426,696 | € 435,352 | € 511,465 | € 315,311 | ▼ 38% |
| Total debts | € 47,377 | € 231,462 | € 164,814 | € 984,369 | ▲ € 819,556 |
| Cash | € 123,214 | € 141,337 | € 108,064 | € 70,380 | ▼ 35% |
| Land & buildings | € 1,221 | € 570 | € 380 | € 515,270 | ▲ € 514,890 |
| Retained profit | € 414,296 | € 422,952 | € 499,065 | € 302,911 | ▼ 39% |
| Dividend | € 0 | € 87,786 | € 45,784 | € 277,822 | ▲ € 232,038 |
| Bank debt | € 0 | € 102,419 | € 76,098 | € 546,819 | ▲ € 470,721 |
| Balance sheet total | € 474,073 | € 666,814 | € 676,278 | € 1,299,681 | ▲ 92% |
Key figures of KOEN MICHIELS HEALTH CARE MANAGEMENT, 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 KOEN MICHIELS HEALTH CARE MANAGEMENT?
What happened at KOEN MICHIELS HEALTH CARE MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 81,668 (▼ 33% vs 2024). Source: NBB ↗
- New establishment in Koksijde. KBO
- Koen Michiels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 104,343 profit in 2022 to € 81,668 profit in 2025.
Paid € 214,661 in corporate taxes since 2022.
Best year ever: 2024, with € 121,896 profit.
Paid out € 411,392 in dividends to the owners in total.
A new publication or filing at KOEN MICHIELS HEALTH CARE MANAGEMENT? We notify you, reason included.
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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 KOEN MICHIELS HEALTH CARE MANAGEMENT is Koen Michiels. Koen Michiels is also behind Zorgnet-Icuro, Groep De Raeve, Kinderdagverblijf Sint-Elisabeth, Zottegem, ZorgConnect and DCO De Bron.
Directors
According to the 2025 annual accounts
Koen Michiels
Director
Also active at: Zorgnet-Icuro, Groep De Raeve, Kinderdagverblijf Sint-Elisabeth, Zottegem, ZorgConnect, DCO De Bron, ZorgConnect Thuishulp, De Hoop, voorziening voor personen met een beperking, CT ParaMedics +1 more
since 2009
Establishments
Establishment units
Physical locations of this company
Scepterstraat 4
1050 Elsene
Hofstedeweg(Kok) 1
8670 Koksijde
Active since 12 January 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →GROUPE ALIF
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€ 77,677 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0821.855.165
- VAT number
- BE 0821.855.165
- Registered office
- Scepterstraat 4, 1050 Elsene
- Names & denominations
- KOEN MICHIELS HEALTH CARE MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2009
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
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