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MICHIELS CONSTRUCT

Active Private limited companyfounded 2008active for 18 yearsPoelstraat 137, 9820 Merelbeke-MelleKBO/BCE: BE 0806.867.873
MICHIELS CONSTRUCT
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Overview

Lifetime

17 annual accounts with figures on one time axis
peak €363,383 (2021)
€97,581▲ 28.6%
lowest -€4,501 (2009)
€54,219▲ 51.8%
peak €327,872 (2025)
€327,872▲ 19.8%
€158,422▼ 7.1%
peak 2.4 FTE (2020)
-not published
Board3 names since 2022
3 directorsMichiels Alain and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €75,889 to €97,581Result from €35,707 to €54,219Equity from €273,653 to €327,872Cash from €10,429 to €7,006

Key points

from the 2025 annual accounts

Equity

€327,872 ▲ 19.8%

MICHIELS CONSTRUCT has made a profit without a break since 2010.

Turnover

≈ €200,000 estimated

The accounts state no turnover.

Filings

17 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

Six of the last ten came late. The 2022 accounts came latest: 31 days after the end of the period.

Checked score

89
Excellent
Financially stronger than 52% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

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

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.1 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

92+5equity 67.4% of total assets
49-3short-term debt 14.7% · cash 1.4%
83+4return on assets 11.1%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Liquidity: current ratio 2.03, cash €7,006
lowers risk
Size: total assets €486,294
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 63% of them on solvency, 29% on liquidity, 50% on profitability and 66% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as MICHIELS CONSTRUCT has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of MICHIELS CONSTRUCT itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,811 companies, not a prediction for MICHIELS CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.03 (1.56 in 2024), above the usual 1.5. Short-term debt is 14.7% and cash 1.4% of total assets. 32.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 2.03, cash €7,006
NBB · annual accounts
lowers risk · Size: total assets €486,294
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
3 days early
2023
30 days late
2022
31 days late
2021
6 days early
2020
27 days late
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MA
Michiels Alain
Director, since 27-11-2022
QT
Q-TEC
Director
TM
TRAILERSERVICE MICHIELS
Director

Shares in 1 company, Q-TEC

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0806867873
Demerger: TRAILERSERVICE MICHIELS splits off to Q-TEC Company renamed from TRAILERSERVICE MICHIELS to MICHIELS CONSTRUCT · Capital decrease of €135,528.89 · Appointment: TRAILERSERVICE MICHIELS (sole director) · General meeting of 24-11-2022 · Gazette deed
Demerger proposal: BV TRAILERSERVICE MICHIELS splits off to BV TRAILERSERVICE MICHIELS “Advies- en/of dienstverlening aan bedrijven, privépersonen en instellingen in de ruimste zin van het woord…” (deed in Dutch) · Name change: MICHIELS CONSTRUCT · Alain Michiels holds all the shares · Gazette deed
Resignation: Delphine Wulbrecht (manager) Director discharge: Delphine Wulbrecht · General meeting of 09-04-2019 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
MICHIELS CONSTRUCT Merelbeke-Melle €486,294 €97,581 67.4% -
COMSIS Merelbeke-Melle €482,436 €84,888 70.0% -
P&P Solutions Merelbeke-Melle €516,275 €89,660 77.0% -
STYLE IT! Erpe-Mere €481,551 €97,121 54.6% -
FDS Project Management Aalst €498,050 €106,061 95.5% -
PHARESCON Herzele €493,660 €98,466 58.2% -
XYRES Eeklo €498,487 €107,179 91.3% -

These companies have the same main activity as MICHIELS CONSTRUCT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €482,000 and €516,000, founded between 2006 and 2011.

Official details

Source: KBO
Status
Active since 06-10-2008Normal situation
Activity
Business and other management consultancyNACE 70200and 2 others
Establishment unit
2.173.584.1169820 Merelbeke-Melle, since 06-10-2008
Financial year end
31 December
Peppol
Reachable since 30-12-2025
Company details

Annual accounts 2025

€97,581▲ 28.6%
€54,219▲ 51.8%
€327,872▲ 19.8%
€486,294▲ 9.5%
Filing
Filed on 31-08-2026
Financials

Insights on MICHIELS CONSTRUCT

MICHIELS CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €29,909 in 2009 to €97,581 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 31-08-2026, 31 days late
€97,581
▲ 28.6%
€79,606
▲ 39.4%
€54,219
▲ 51.8%
€73,244
▲ 152%
67.4%
▲ 5.8 percentage points
2.03
▲ 0.47

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €200,000. Estimated: probably between €150,000 and €250,000.

Amounts without an identifiable currency are taken as euros.

Balance sheet

balance sheet total €486,294 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

67.4%

Higher than 62% of 39,360 companies in 2025.

2.03

Higher than 49% of 38,044 companies in 2025.

11.1%

Higher than 44% of 38,516 companies in 2025.

MICHIELS CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 486,294444,224464,903600,1411.2m1.5m1.6m1.2m818,226499,589472,930497,692122,885115,026147,310103,052127,362
20 -----00----------
21/28 341,785363,144361,482369,865692,518765,223587,777622,663441,771406,613387,948414,53248,27854,30780,67749,44967,142
21 ---06,66700----------
22/27 341,785363,144361,482369,865685,851765,223587,777622,663441,771406,613387,948414,53248,27854,10780,07749,04967,142
22 338,197348,784357,531367,936378,342383,465399,557415,648403,739352,430361,544374,598-----
23 1,54410,1972,685021,43927,68531,91829,55710,35010,1335,3245,8342,8113,748--618
24 2,0444,1631,2651,92970,23740,7732,6091,1791,8239,57021,08034,10045,46750,35980,07749,04966,524
26 ----215,833313,299145,073159,039---------
27 -----00----------
28 -----00------200600400-
29/58 144,50981,080103,422230,276543,817730,248963,160593,544376,45692,97684,98283,16074,60760,71966,63353,60360,221
29 25,40025,40044,00044,00044,00014,000-----------
290 -----00----------
291 25,40025,40044,00044,00044,00014,0000----------
3 ---0116,25173,79084,45023,33794,46810,93318,63214,96610,2201,000---
30/36 ---0116,25173,79084,45023,33794,46810,93318,63214,96610,2201,000---
37 -----00----------
40/41 111,69943,36850,169132,221312,306196,196475,932298,589227,53070,49459,58456,05323,66921,14120,88720,09230,183
40 52,8697,25515,69266,970310,967172,157416,627288,740197,65846,56745,54935,04621,96710,94918,25919,26220,923
41 58,83036,11334,47765,2511,33924,03959,3049,84929,87223,92714,03521,0071,70210,1922,6288309,260
50/53 -----00----------
54/58 7,00610,4297,82542,64665,362440,887396,658265,12150,8069,5555,76511,50940,71838,57845,74633,51130,038
490/1 4041,8831,42811,4095,8995,3756,1206,4983,6511,9941,001632-----
Balance sheet: equity and liabilities
10/49 486,294444,224464,903600,1411.2m1.5m1.6m1.2m818,226499,589472,930497,692122,885115,026147,310103,052127,362
10/15 327,872273,653257,525231,221319,534193,10989,827138,001107,84179,75072,56661,83052,30434,44732,86620,47614,049
10/11 12,04212,04212,04212,04218,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,550
100 ------18,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,550
101 ------0----------
11 ------0----------
1100/10 ------0----------
12 -----00----------
13 257,187202,967186,839160,535174,559174,55971,277119,45189,29161,20054,01643,28033,75415,89714,3161,926-
130/1 ---01,8551,855-----------
130 ------1,8551,8551,8551,8551,8551,8551,8551,8551,8551,855-
1311 ---01,8551,855-----------
1312 ------0----------
1313 -----0-----------
1319 -----00----------
132 -----00----------
133 257,187202,967186,839160,535172,704172,70469,422117,59687,43659,34552,16141,42531,89914,04212,46171-
14 58,64358,64358,64358,643126,42400----------4,501
15 -----00----------
160/5 -----00----------
160 -----00----------
161 -----00----------
162 -----00----------
163 -----00----------
164/5 -----00----------
168 -----00----------
17/49 158,422170,571207,378368,921916,8011.3m1.5m1.1m710,385419,839400,364435,86270,58180,579114,44482,576113,313
17 85,928118,612149,463179,542389,613427,585297,693337,193355,912337,100329,933360,99424,25236,67668,31442,00869,258
170/4 85,928118,612149,463179,542389,613427,585297,693337,193355,912337,100329,933360,99424,25236,67668,31442,00869,258
175 -----00----------
176 -----00----------
178/9 -----00----------
42/48 71,26551,95957,916188,397527,188772,0771.1m741,013354,47382,73970,43170,19446,32943,90346,13040,56844,055
42 32,68531,28530,07931,584303,208291,74751,69942,79936,57632,61431,06234,25712,42414,73920,54718,24917,270
43 ---0--165,000----------
430/8 ---0-0165,000----------
439 -----00----------
44 22,5663,0602,91772,340133,038185,919699,819635,708220,34047,35729,98030,82419,26618,66515,1096,99316,868
440/4 22,5663,0602,91772,340133,038185,919699,819635,708220,34047,35729,98030,82419,26618,66515,1096,99316,868
441 -----00----------
46 -----00----------
45 16,01517,61424,91910,00990,844293,76859,46162,50697,5572,7689,3895,1135,2774,5799,99515,0536,789
450/3 16,01515,01922,2757,73484,854290,85459,46155,85293,4502,7688,3895,1135,2779792,1951,553189
454/9 02,5952,6442,2745,9902,91406,6544,107-1,000--3,6007,80013,5006,600
47/48 --074,4649864387,436-----9,3625,9204792733,128
492/3 1,229-09820102,700100,000----4,674-----
Income statement
76A ----01,0380-----5,250----
9900 97,58175,88956,263174,847363,383312,642203,863166,752125,20763,76055,53342,42639,64854,26044,32828,95029,909
62 -0-1,69828,57587,55587,46250,63836,81533,2441769------
630 13,27714,70511,23763,88892,51084,99874,11875,71036,12340,34628,84928,49314,30516,55922,32118,09322,616
631/4 -----00----------
635/8 -----00----------
640/8 4,6974,0637,5406,97218,7609,49010,7644,9385,4604,8494,4341241221191151135,263
649 -----00----------
66A ---005630-----2,20030,600600--
9901 79,60657,12039,18475,412164,557130,12968,34449,28850,37918,54822,18113,80925,22137,58221,89210,7442,031
75/76B 2,8832,5053,9035,1611,1399934214383141143297446288154635
75 2,8832,5053,9035,1611,1399934214383141143297446288154635
76B -----00----------
65/66B 7,4039,4616,3176,87512,61512,60510,5767,2808,8377,5487,8721,6841,5605,2514,8123,7596,536
65 7,4039,4616,3176,87512,61512,60510,5767,2808,8377,5487,8721,6841,5605,2514,8123,7596,536
66B -----00----------
9903 75,08550,16536,77073,698153,081118,51658,18842,44741,85611,00014,45212,42227,1572,01916,6347,048-4,500
67/77 20,86614,45710,46626,48226,65715,23418,92612,28613,7653,8173,7152,8969,3004384,2446211
9904 54,21935,70726,30447,216126,424103,28239,26230,16028,0917,18410,7379,52617,8571,58112,3906,427-4,501
789 -----00----------
689 -----00----------
9905 54,21935,70726,30447,216126,424103,28239,26230,16028,0917,18410,7379,52617,8571,58112,3906,427-4,501
Appropriation of the result
9906 112,86394,35184,948173,640126,424103,28239,26230,16028,0917,18410,7379,52617,8571,58112,3901,926-4,501
14P 58,64358,64358,643126,424-------------
791/2 019,579---087,436----------
691/2 54,21935,70726,30447,2160103,28239,26230,16028,0917,18410,7379,52617,8571,58112,3901,926-
691 -----00----------
6920 -----00--------1,855-
6921 54,21935,70726,30447,2160103,28239,26230,16028,0917,18410,7379,52617,8571,58112,39071-
694/7 019,579----87,436----------
694 019,579---087,436----------
695 -----00----------
696 -----00----------
Social balance sheet
9087 ----2.22.41.310.9--------
Hours worked1013 ----3,5523,8642,2881,7481,568--------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00502234.

Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00502234 PDF
31-12-2024 abbreviated format 28-07-2025 2025-00332842 PDF
31-12-2023 abbreviated format 30-08-2024 2024-00436366 PDF
31-12-2022 abbreviated format 31-08-2023 2023-00425274 PDF
31-12-2021 abbreviated format 25-07-2022 2022-20241334 PDF
31-12-2020 micro format 27-08-2021 2021-57800213 PDF
31-12-2019 micro format 28-07-2020 2020-35100217 PDF
31-12-2018 abbreviated format 30-07-2019 2019-41200394 PDF
31-12-2017 abbreviated format 30-08-2018 2018-56600329 PDF
31-12-2016 abbreviated format 30-08-2017 2017-55400470 PDF
31-12-2015 abbreviated format 30-08-2016 2016-58300577 PDF
31-12-2014 abbreviated format 28-08-2015 2015-52200010 PDF
31-12-2013 abbreviated format 29-08-2014 2014-54000531 PDF
31-12-2012 abbreviated format 08-07-2013 2013-28100432 PDF
31-12-2011 abbreviated format 05-07-2012 2012-28600021 PDF
31-12-2010 abbreviated format 30-08-2011 2011-48900549 PDF
31-12-2009 abbreviated format 31-03-2011 2011-07200027 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
92,88371,82550,421139,300257,068215,127142,461124,99886,50258,89451,03042,30239,52654,14144,21328,83724,647
67,49750,41237,542111,104218,934188,280113,380105,87064,21347,53039,58638,01932,16218,14034,71124,52018,115
-8,08216,3682,854167,760158,827495,023286,521256,60271,28059,0112,265394,74737,92664,18993,14940089,758
-3,4232,605-34,821-22,716-375,52544,229131,537214,31541,2513,790-5,744-29,2092,140-7,16812,2353,473-
73,24429,12145,50641,87916,629-41,828-100,256-147,46821,98310,23814,55112,96628,27816,81620,50313,03516,166
67.4%61.6%55.4%38.5%25.8%12.9%5.8%11.3%13.2%16.0%15.3%12.4%42.6%29.9%22.3%19.9%11.0%
2.031.561.791.221.030.950.910.801.061.121.211.181.611.381.441.321.37
2.031.561.791.220.810.850.830.770.800.990.940.971.391.361.441.321.37
0.480.620.811.602.876.7416.277.816.595.265.527.051.352.343.484.038.07
16.5%13.0%10.2%20.4%39.6%53.5%43.7%21.9%26.0%9.0%14.8%15.4%34.1%4.6%37.7%31.4%-32.0%
11.1%8.0%5.7%7.9%10.2%6.9%2.5%2.5%3.4%1.4%2.3%1.9%14.5%1.4%8.4%6.2%-3.5%
12.557.597.9820.2620.38------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2021
Employees at the balance-sheet date2
full-time2
part-time0
in full-time equivalents2
2.2
On a permanent contract2
Joined2
Left2

Source: social balance sheet in the 2021 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered----€25,000
----€406,000
Carrying value of the mortgaged assets----€365,624
Pledge on other assets, amount secured----€346,000
Carrying value of the other pledged assets----€365,624

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€16,368€2,854€167,760€150,519
Intangible fixed assets----€8,308
€13,277€14,705€11,237€63,888€92,510

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MICHIELS CONSTRUCT

The operating result for 2025 is 39% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 38.4% to 32.6%. Equity is higher and debt is lower.

Large changes and their cause
  • 2022 Total assets -51% on 2021. Partial demerger to Q-TEC, Official Gazette 09-12-2022.

Board & ownership

Board

3 directors, last change in 2022
Michiels Alain
Director
since 27-11-2022
listed in the 2025 annual accounts, filed on 31-08-2026
Q-TEC
Sole director (not named in the articles)
appointed by deed of 09-12-2022
TRAILERSERVICE MICHIELS
Sole director (not named in the articles)
appointed by deed of 09-12-2022

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
Michiels Alain
Director
Q-TEC
Sole director (not named in the articles)
TRAILERSERVICE MICHIELS
Sole director (not named in the articles)
BoardOther function
Mandates as a list
  • Michiels Alain
    • Director, from 27-11-2022 to date
  • Q-TEC
    • Sole director (not named in the articles), appointed by deed of 09-12-2022, still in office
    • Sole director (not named in the articles), appointed by deed of 09-12-2022, still in office
  • TRAILERSERVICE MICHIELS
    • Sole director (not named in the articles), appointed by deed of 09-12-2022, still in office
    • Sole director (not named in the articles), appointed by deed of 09-12-2022, still in office

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€12,042.13
Source
2025 annual accounts

Articles of association

deed of 09-12-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of March at 11:00

Capital transactions

Capital over time
  1. 09-12-2022 Capital reduction of €135,528.89
  2. 09-12-2022 Converted to unavailable equity

Network & group

Holdings and subsidiaries

1 holding

Holdings 1

  • Q-TECsubsidiary
    Equity €370,893 Profit of €64,766 in 2025 (profit of €98,198 in 2024) Checked score 86
    Sourcedeed 09-12-2022
    100%

Acquisitions and mergers

1 transaction
Split off to:Q-TEC
BE 0794.184.926partial demerger · Gazette deed of 09-12-2022 (2 deeds)

Connections & network

3 current directors
Depth

The network starts from the directors of MICHIELS CONSTRUCT. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

28 events since 2008

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0806867873
Annual accounts 2024 filed PDFabbreviated format · 3 days before the deadline
2024
Annual accounts 2023 filed PDFabbreviated format · 30 days late
2023
Annual accounts 2022 filed PDFabbreviated format · 31 days late
2022
Demerger: TRAILERSERVICE MICHIELS splits off to Q-TECCompany renamed from TRAILERSERVICE MICHIELS to MICHIELS CONSTRUCT · Capital decrease of €135,528.89 · Appointment: TRAILERSERVICE MICHIELS (sole director) · General meeting of 24-11-20229 points ▸
  • Director appointment, TRAILERSERVICE MICHIELS (sole director (not named in the articles))
  • Permanent representative, Alain MICHIELS
  • Registered office clause, Poelstraat 137, 9820 Merelbeke, mentioned twice in the deed
  • Capital decrease, €135,528.89
  • Purpose change, “nieuwe tekst” (deed in Dutch)
  • Name change, MICHIELS CONSTRUCT
  • General meeting, 24-11-2022
  • Accounting effect, 01-08-2022
  • Power of attorney, Alain MICHIELS (director)
  • The deed holds 12 more points.

Open the deed in the Belgian Official Gazette

Demerger proposal: BV TRAILERSERVICE MICHIELS splits off to BV TRAILERSERVICE MICHIELS“Advies- en/of dienstverlening aan bedrijven, privépersonen en instellingen in de ruimste zin van het woord…” (deed in Dutch) · Name change: MICHIELS CONSTRUCT · Alain Michiels holds all the shares5 points ▸
  • Demerger, 05-09-2022
  • Name change, MICHIELS CONSTRUCT
  • Purpose change, “Advies- en/of dienstverlening aan bedrijven, privépersonen en instellingen in de ruimste zin van het woord, voornamelijk doch niet uitsluitend op het viak van…” (deed in Dutch)
  • Accounting effect, 01-08-2022
  • Alain Michiels holds all the shares
  • The deed holds 12 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFabbreviated format · 6 days before the deadline
2021
Highest result from 2009 to 2025 net €126,424 ▲22.4% The operating result of €164,557 and the net result of €126,424 are both a record.
Equity above €200,000 equity €319,534 ▲65.5% After 12 profitable years in a row, equity reaches €319,534.
Annual accounts 2020 filed PDFmicro format · 27 days late
2020
Equity above €150,000 equity €193,109 ▲115% After 11 profitable years in a row, equity reaches €193,109.
Annual accounts 2019 filed PDFmicro format · 3 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · 1 day before the deadline
Resignation: Delphine Wulbrecht (manager)Director discharge: Delphine Wulbrecht · General meeting of 09-04-20193 points ▸
  • General meeting, 09-04-2019
  • Director resignation, Delphine Wulbrecht (manager)
  • Director discharge, Delphine Wulbrecht

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFabbreviated format · 30 days late
2017
Equity above €100,000 equity €107,841 ▲35.2% After 8 profitable years in a row, equity reaches €107,841.
Annual accounts 2016 filed PDFabbreviated format · 30 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 30 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 28 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 29 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 23 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 26 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 30 days late
Annual accounts 2009 filed PDFabbreviated format · 243 days late
2010
Back to profit net €6,427 The net result is €6,427, after one loss-making year.
2008
Incorporation PDFpublished on 08-10-2008
First establishment Poelstraat 137, Merelbeke-Melle

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

MICHIELS CONSTRUCT was incorporated on 6 October 2008.1 Total assets fell from €600,141 in 2022 to €486,294 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2025

Company details

Identity

Enterprise number
0806.867.873
VAT number
BE 0806.867.873
Peppol ID
0208:0806867873
Legal form
Private limited company
Status
Active, normal situation
Founded
06-10-2008
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of March at 11:00
deed of 09-12-2022 (in Dutch)
Peppol
Reachable since 30-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MICHIELS CONSTRUCT in Dutch
Former name
TRAILERSERVICE MICHIELS until the deed of 09-12-2022
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-12-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 09-12-2022 (in Dutch)

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
68201 Renting and operating of own or leased residential real estate, excluding social housing
82990 Other business support services
Codes under NACEBEL 2008
70220 Business consulting main activity
68201 Real estate activities
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“Groot- en detailhandel, reparatie van auto's, motorrijwielen, lichte bestelwagens en consumentenartikelen; Handel in auto's, algemeen; De…”
38 activities
  1. Groot- en detailhandel, reparatie van auto's, motorrijwielen, lichte bestelwagens en consumentenartikelen
  2. Handel in auto's, algemeen
  3. De groothandel in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden (vb. ambulances)
  4. De groothandel in nieuwe en gebruikte autobussen, touringcars, minibusjes, motorhomes, enz.
  5. De handelsbemiddeling in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden (vb. ambulances)
  6. De handelsbemiddeling in nieuwe en gebruikte autobussen, touringcars, minibusjes, motorhomes, enz.
  7. Handel in nieuwe en gebruikte aanhangwagens en opleggers
  8. De kleinhandel in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden (vb. ambulance)
  9. De kleinhandel in nieuwe en gebruikte autobussen, touringcars, minibusjes, motorhomes, enz.
  10. Algemeen onderhoud en reparatie van overige motorvoertuigen
  11. De reparatie van auto's: reparatie van de mechanische onderdelen en van de elektrische installatie
  12. Installatie van onderdelen en accessoires, inclusief de ombouw- en uitbouwwerkzaamheden
  13. De revisie van automotoren
  14. Het gewone onderhoud van auto's: wassen, anti-roest behandeling, olie verversen, vervangen of herstellen van binnen-en buitenbanden, vervangen van ruiten, enz.
  15. Het siepen van auto's en de hulpverlening bij pech onderweg
  16. Handel in onderdelen en toebehoren van motorvoertuigen in de ruimste zin
  17. Groothandel in onderdelen en accessoires van auto's
  18. Groothandel in onderdelen en accessoires van auto's inclusief de groothandel in tweedehands onderdelen
  19. Kleinhandel in onderdelen en accessoires van auto's
  20. Kleinhandel in onderdelen en accessoires van auto's inclusief de kleinhandel in tweedehands onderdelen
  21. Kleinhandel gespecialiseerd in de verkoop van accessoires van auto's per postorder
  22. Kleinhandel in brandstoffen (inclusief LPG) voor auto's en motorrijwielen
  23. Kleinhandel in smeer- en koelmiddelen voor auto's
  24. Groothandel en handelsbemiddeling, exclusief de handel in auto's en motorrijwielen
  25. Kleinhandel, exclusief auto's en motorrijwielen; reparatie van consumentenartikelen
  26. Kleinhandel in wiegen, boxen, kinderzitjes voor gebruik in de auto enz.
  27. De verhuur van personenauto's met chauffeur
  28. Verhuur en lease van vrachtwagens en overige motorvoertuigen (>3,5T)
  29. Het overig vervoer van personen met autobussen, zonder dienstregeling: chartervervoer, busreizen, toeristische excursies enz.
  30. Goederenvervoer langs de weg: vervoer van boomstammen, zwaar internationaal vervoer, veevervoer, vervoer met koelwagens, vervoer van bulkgoederen, inclsuief vervoer in tankwagens, autovervoer, m.u.v. verhuisbedrijven
  31. De exploitatie van autowegen, tunnels, bruggen, parkeerterreinen of-garages en rijwielstallingen
  32. De verhuur per jaar van garageboxen en staanplaatsen voor auto's
  33. Verhuur van auto's
  34. De verhuur op korte termijn van personenauto's zonder chauffeur
  35. De operationele leasing van personenauto's zonder chauffeur
  36. Verspanend bewerken van metalen
  37. Vervaardiging van metalen constructies en delen daarvan
  38. Tussenpersoon in de handel
deed of 15-09-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Poelstraat 137 registered office 9820 Merelbeke-Melle 06-10-2008 2.173.584.116

Buildings and parcels at the address

Ground area
295 m²
Buildings
295 m²
Volume, LiDAR
1,402 m³
Tallest building
8.2 m
Buildings to scale, each on its own parcel
294 m², 8.2 m 294 m², 8.2 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
44412C0353/00S000295 m² 1 · 294 m² 8.2 m · 2

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