Financials
Financial year 2025
Michiels Engineering from Les Bons Villers, company number BE1005270287, closed financial year 2025 with a result of € 41,119 after tax. For that financial year Michiels Engineering recorded a gross margin of € 52,581 and equity of € 63,122. Compared with financial year 2024, the result moved from € 19,836 to € 41,119. 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 January 31, 2026.
€ 63,122
▲ 187% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,119
▲ 107% vs 2024
Profit after tax over the fiscal year.
€ 83,209
▲ € 67,273 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 € 60,122.
People and assets in 2025
€ 645
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,029
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,953
▲ 156% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 25,580 | € 52,581 | ▲ 106% |
| Profit after taxes | € 19,836 | € 41,119 | ▲ 107% |
| Equity | € 22,003 | € 63,122 | ▲ 187% |
| Total debts | € 27,288 | € 42,633 | ▲ 56% |
| Cash | € 15,936 | € 83,209 | ▲ € 67,273 |
| Retained profit | € 19,003 | € 60,122 | ▲ 216% |
| Balance sheet total | € 49,291 | € 105,755 | ▲ 115% |
Key figures of Michiels Engineering, fiscal years 2024 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 Michiels Engineering?
What happened at Michiels Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41,119 (▲ 107% vs 2024). filed late Source: NBB ↗
- New establishment in Les Bons Villers. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,836 profit in 2024 to € 41,119 profit in 2025.
Paid € 15,902 in corporate taxes since 2024.
Best year ever: 2025, with € 41,119 profit.
Establishments
Establishment units
Physical locations of this company
Rue Wattimez-Haut(REV) 14
6210 Les Bons Villers
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1005.270.287
- VAT number
- BE 1005.270.287
- Registered office
- Rue Wattimez-Haut(REV) 14, 6210 Les Bons Villers
- Names & denominations
- Michiels Engineering
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 2024
- Peppol
- Active · Active since 5 Dec 2025
- Contact
- [email protected] +32498635006
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