Financials
Financial year 2025
MICHIELS KAREL from Heist-op-den-Berg, company number BE0846058843, closed financial year 2025 with a result of € 8,296 after tax. For that financial year MICHIELS KAREL recorded a gross margin of € 124,871 and equity of € 380,650. Compared with financial year 2024, the result moved from € 26,061 to € 8,296. The company is profitable. 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 April 24, 2026.
€ 380,650
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,296
▼ 68% vs 2024
Profit after tax over the fiscal year.
€ 8,512
▼ 70% 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 € 362,050.
People and assets in 2025
€ 64,711
▲ 16% 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.
€ 50,631
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 155,178
▼ 7% vs 2024
€ 13,564 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 119,709
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,792
▲ 62% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 266,291 | € 195,591 | € 150,313 | € 124,871 | ▼ 17% |
| Profit after taxes | € 57,208 | € 27,835 | € 26,061 | € 8,296 | ▼ 68% |
| Equity | € 318,356 | € 346,200 | € 372,230 | € 380,650 | ▲ 2% |
| Total debts | € 501,707 | € 367,467 | € 359,382 | € 415,407 | ▲ 16% |
| Cash | € 51,950 | € 58,665 | € 28,546 | € 8,512 | ▼ 70% |
| Retained profit | € 299,756 | € 327,600 | € 353,630 | € 362,050 | ▲ 2% |
| Bank debt | € 406,495 | € 213,958 | € 167,097 | € 155,178 | ▼ 7% |
| Balance sheet total | € 820,063 | € 713,667 | € 731,612 | € 796,057 | ▲ 9% |
Key figures of MICHIELS KAREL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MICHIELS KAREL?
What happened at MICHIELS KAREL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,296 (▼ 68% vs 2024). Source: NBB ↗
- New establishment in Heist-op-den-Berg. KBO
- Start of the company according to the CBE. KBO
In short
From € 57,208 profit in 2022 to € 8,296 profit in 2025.
Paid € 57,172 in corporate taxes since 2022.
Best year ever: 2022, with € 57,208 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 KAREL are Nele Steelandt and Karel Michiels. The same people are also behind El Nebo. Karel Michiels is also behind BOUWONDERNEMING MICHIELS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bredestraat 42
2223 Heist-op-den-Berg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0846.058.843
- VAT number
- BE 0846.058.843
- Registered office
- Bredestraat 42, 2223 Heist-op-den-Berg
- Names & denominations
- MICHIELS KAREL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 2012
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- tuinmachines-michiels.be
- Activities · NACE
Algemene bouw van residentiële gebouwen
Algemene bouw van andere niet-residentiële gebouwen
Stukadoorswerk
Installatie van isolatie
Dakwerkzaamheden
Plaatsen van vloer- en wandtegels
Isolatiewerkzaamheden