Financials
Financial year 2025
ADVOCATENKANTOOR MICHIELS from Tongeren-Borgloon, company number BE0870954684, closed financial year 2025 with a result of € 7,616 after tax. For that financial year ADVOCATENKANTOOR MICHIELS recorded a gross margin of € 10,789 and equity of € 71,975. Compared with financial year 2024, the result moved from € 44,592 to € 7,616. 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 January 30, 2026.
€ 71,975
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,616
▼ 83% vs 2024
Profit after tax over the fiscal year.
€ 26,020
▲ 5% 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 € 49,975.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 142
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,986
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,379 | € 56,048 | € 75,582 | € 10,789 | ▼ 86% |
| Profit after taxes | € -23,440 | € -6,745 | € 44,592 | € 7,616 | ▼ 83% |
| Equity | € 26,512 | € 19,767 | € 64,359 | € 71,975 | ▲ 12% |
| Total debts | € 21,811 | € 52,109 | € 4,780 | € 8,301 | ▲ 74% |
| Cash | € 6,037 | € 17,400 | € 24,665 | € 26,020 | ▲ 5% |
| Land & buildings | € 7,311 | € 5,849 | € 4,386 | € 2,924 | ▼ 33% |
| Retained profit | € 4,512 | € -2,233 | € 42,359 | € 49,975 | ▲ 18% |
| Balance sheet total | € 48,323 | € 71,876 | € 69,139 | € 80,277 | ▲ 16% |
| Employees (FTE) | 1 | 1 | - | - |
Key figures of ADVOCATENKANTOOR MICHIELS, 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 January 2027.
What happened to ADVOCATENKANTOOR MICHIELS?
What happened at ADVOCATENKANTOOR MICHIELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,616 (▼ 83% vs 2024). Source: NBB ↗
- Georges Michiels became a director. NBB
- New establishment in Hasselt. KBO
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,440 loss in 2022 to € 7,616 profit in 2025.
Paid € 1,054 in corporate taxes since 2022.
Best year ever: 2024, with € 44,592 profit.
On average € 56,000 of value added per employee in 2023.
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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
The stake of GMADVOCATEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ADVOCATENKANTOOR MICHIELSBehind ADVOCATENKANTOOR MICHIELS is Georges Michiels. The shares are held by GMADVOCATEN (100%).
Directors
According to the 2025 annual accounts
Georges Michiels
Director
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Elisabethwal 23
3700 Tongeren-Borgloon
Willekensmolenstraat 159
3500 Hasselt
Active since 3 January 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
WIX_COM, IL
Website info
Features
Security
Network
Details
- Company number
- 0870.954.684
- VAT number
- BE 0870.954.684
- Registered office
- Elisabethwal 23, 3700 Tongeren-Borgloon
- Names & denominations
- ADVOCATENKANTOOR MICHIELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2005
- Peppol
- Active · Active since 14 Mar 2025
- Contact
- gmadvocaten.be [email protected]
- Activities · NACE
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