MICHIEL
ActiveSummary
MICHIEL has the legal form “Public-utility foundation” in the KBO. Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €79.2m and a net result of €387,612. Equity has been stable since 2018 (±1.5% per year). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 20-12-2016 Normal situation
- Registered office
- 10 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
Board
- Maria SerneelsChair
- Theresia VorsselmansManaging director
- Albert CoenenGeneral manager
- Auditor
- VCLJ Bedrijfsrevisoren
Financial position
Bankruptcy probability: legal form outside the model
Annual accounts 2025
- Gross margin
- -€48,184
- Surplus
- €387,612
- Equity
- €79.2m
- ▲ 0.5%
- Total assets
- €79.4m
- =
Turnover not published (abbreviated format)
Filed on 25-02-2026, 156 days before the deadline
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
57
/ 100
Fair▼ -4 on 2024
Without a bankruptcy probability, the score rests on the figures alone.
Financial strength · tick: 2024
Average
Solvency
100=
equity 99.8% of total assets
Liquidity
51=
short-term debt 0.1% · cash 0.9%
Profitability
19-14
return on assets 0.5%
Bankruptcy probability within 12 months
For a Public-utility foundation there is no bankruptcy probability. The model is built on companies and gives no reliable figure for associations and foundations.
Credit of up to €4,500,000 on 30-day terms is acceptable
Short-term debt is 0.1% and cash 0.9% of total assets. 0.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-02-2026, 156 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
156 days early
2024
35 days early
2023
56 days early
2022
68 days early
2021
39 days early
2020
61 days early
2019
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 65 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 6 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Recent changes
- · Gazette deed Purpose · Amendment of the articles · Legal-form change
- · Gazette deed Resignation: Maria Hendrickx (director)Reappointments: Theresia Vorsselmans, Steven Goetschalckx and 2 others · Appointment: Maria Serneels (chair)
- · Gazette deed Reappointments: VCLJ Bedrijfsrevisoren, Theresia Vorsselmans and 5 othersChanges of role: Theresia Vorsselmans (financieel gedelegeerde) and Maria Hendrickx (chair) · Resignations: Maria Serneels, Steven Goetschalckx and 2 others
Key facts about MICHIEL
- What is the company number of MICHIEL?
- The company number of MICHIEL is 0667.918.343. The VAT number is the same number with BE in front: BE 0667.918.343.
- Where is MICHIEL based?
- The registered office is at Markt 19, 2290 Vorselaar.Company details
- What is the legal form of MICHIEL?
- The legal form of MICHIEL is Public-utility foundation.
- When was MICHIEL founded?
- MICHIEL was founded on 20-12-2016.
- Is MICHIEL still active?
- Yes, MICHIEL is an active enterprise in the KBO register.
- How many employees does MICHIEL have?
- MICHIEL had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of MICHIEL?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is MICHIEL profitable?
- In financial year 2025, MICHIEL made a profit of €387,612.
- Where can I find the annual accounts of MICHIEL?
- MICHIEL filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MICHIEL due?
- MICHIEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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