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DE JOHAN MICHIELSENS HANDELSONDERNEMING

Active Risk: very low General partnershipfounded 1990active for 36 yearsDijkstraat 23, 2880 BornemKBO/BCE: BE 0440.906.372

Lifetime

13 annual accounts with figures on one time axis, 29 filings since 1990
peak €8.5m (2018)
€8.5m▲ 16.5%
lowest -€51,245 (2017)
€4.7m▲ €4.8m
peak €6.9m (2018)
€6.9m▲ 216%
€1.5m▼ 70.2%
peak 5.8 FTE (2007)
0.7 FTE▼ 58.8%
Board6 names since 2019
- 
Documentsfilings and deeds
30-08-201930 days late
2018financial year
Turnover from €402,533 to €537,250Back to profit: €4.7mStaff from 1.7 FTE to 0.7 FTEEquity from €2.2m to €6.9mDebts from €5.0m to €1.5mCash from €18,245 to €711,892

Key points

from the 2018 annual accounts

Staff

0.7 FTE from 5.8 in 2007

Between 2007 and 2018, 88% of the full-time equivalents disappeared.

Filings

29 annual accounts 2292 days past the deadline
AprilJune31 JulyOctober199020002010

2019 accounts not filed: deadline was 31-07-2020.

2018 figures too old to score

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2018. They are too old for a current score.
Filing: Five or more annual filings are missing. This points to a standstill, not an imminent failure.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2%highest value 01-2025: 0.2%● unchanged vs 12-2024highest value 02-2025: 0.2%● unchanged vs 01-2025highest value 03-2025: 0.2%● unchanged vs 02-2025highest value 04-2025: 0.2%● unchanged vs 03-2025highest value 05-2025: 0.2%● unchanged vs 04-2025highest value 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: 0.2%● unchanged vs 07-2025highest value 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: 0.2%● unchanged vs 09-2025highest value 11-2025: 0.2%● unchanged vs 10-2025highest value 12-2025: 0.2%● unchanged vs 11-2025highest value 01-2026: 0.2%● unchanged vs 12-2025highest value 02-2026: 0.2%● unchanged vs 01-2026highest value 03-2026: 0.2%● unchanged vs 02-2026highest value 04-2026: 0.2%● unchanged vs 03-2026highest value 05-2026: 0.2%● unchanged vs 04-2026highest value 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value

Financial strength, FY 2018
Strong

100equity 81.7% of total assets
60short-term debt 3.4% · cash 8.4%
33return on assets 55.9%
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2018 (filed on 05-09-2019)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Legal form: general partnership
KBO
lowers risk · Equity €6.9m (81.7% of total assets)
NBB · annual accounts
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2019 year end31-07-2020 deadline09-11-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 30-08-2019, 30 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • MICHIELSENS Johan Margareta Alphonse Maria partnerdeed of 09-01-2020
  • GLORIËTTE partnerdeed of 09-01-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0440906372
New manager Witven appointed, Chabot Isabelle resigned · Permanent representative: Chabot Isabelle · Board meeting of 13-10-2025 · Gazette deed
Environmental permit granted Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen · Bornem
Appointment: Isabelle Chabot (manager) General meeting of 26-03-2024 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
DE JOHAN MICHIELSENS HANDELSONDERNEMING Bornem €0.5m -92.0% 81.7% 0.7
EUROPEAN INVESTMENT AND MANAGEMENT COMPANY Haaltert €0.3m 22.8% 89.8% 1
KOBAN Genk €0.6m 13.1% 63.9% -
Kempenland Herentals - - 84.8% 0.9
BILLIMMO Kontich - - 33.1% 1.1
Intervest 2 Puurs Antwerp €2.0m 52.8% 26.4% -
Degila Kontich €2.6m 66.5% 68.5% 1.1
-10%0%10%20%€500,000€5m€50m€500mDE JOHAN MICHIELSENS HANDELSONDERNEMINGEBIT margin

Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as DE JOHAN MICHIELSENS HANDELSONDERNEMING: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €2.3m and €36m, founded between 1985 and 2002.

Official details

Source: KBO
Status
Active since 22-05-1990Normal situation
Activity
Buying and selling of own real estateNACE 68110and 2 others
Establishment unit
2.048.781.4412880 Bornem, since 19-06-1990
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2018

€8.5m
Filing
Filed on 30-08-2019
Financials

Insights on DE JOHAN MICHIELSENS HANDELSONDERNEMING

DE JOHAN MICHIELSENS HANDELSONDERNEMING has existed since 1990. The balance sheet total grew from €4.5m in 2006 to €8.5m in 2018, while staff fell from 4.9 to 0.7 full-time equivalents.

Solvency rose in 2018 from 30.1% to 81.7% because of the retained profit and lower debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DE JOHAN MICHIELSENS HANDELSONDERNEMING

What is the company number of DE JOHAN MICHIELSENS HANDELSONDERNEMING?
The company number of DE JOHAN MICHIELSENS HANDELSONDERNEMING is 0440.906.372. The VAT number is the same number with BE in front: BE 0440.906.372.
Where is DE JOHAN MICHIELSENS HANDELSONDERNEMING based?
The registered office is at Dijkstraat 23, 2880 Bornem.Company details
What does DE JOHAN MICHIELSENS HANDELSONDERNEMING do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of DE JOHAN MICHIELSENS HANDELSONDERNEMING?
DE JOHAN MICHIELSENS HANDELSONDERNEMING is a general partnership (VOF).
When was DE JOHAN MICHIELSENS HANDELSONDERNEMING founded?
DE JOHAN MICHIELSENS HANDELSONDERNEMING was founded on 22-05-1990.
Is DE JOHAN MICHIELSENS HANDELSONDERNEMING still active?
Yes, DE JOHAN MICHIELSENS HANDELSONDERNEMING is an active enterprise in the KBO register.
How many employees does DE JOHAN MICHIELSENS HANDELSONDERNEMING have?
DE JOHAN MICHIELSENS HANDELSONDERNEMING had an average of 0.7 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of DE JOHAN MICHIELSENS HANDELSONDERNEMING?
The turnover of DE JOHAN MICHIELSENS HANDELSONDERNEMING was €537,250 in financial year 2018, according to the filed annual accounts.
Is DE JOHAN MICHIELSENS HANDELSONDERNEMING profitable?
In financial year 2018, DE JOHAN MICHIELSENS HANDELSONDERNEMING made a profit of €4.7m.
Where can I find the annual accounts of DE JOHAN MICHIELSENS HANDELSONDERNEMING?
DE JOHAN MICHIELSENS HANDELSONDERNEMING filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2018.

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