About August Michiels
August Michiels is a private limited company (BVBA/SPRL, legacy) based in Geel, founded in 1978. Its main activity is classified as "Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)". For the 2025 financial year, August Michiels reported a profit of €87,505. That makes 3 profitable financial years in a row for August Michiels. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €165,214, down 12% on 2024. Equity stands at €578,358, a solvency ratio of 65%. In 2007 it was €98,742. 18 annual accounts are available, covering 2007 to 2025.
- Sectors
- Garages
- Signals
-
Poor liquidityPoor liquidity 0.78
The current ratio is below 1: may be insufficient to cover short-term debt.
ProfitableProfitable € 88KThe company reported a positive net result in the latest financial year.
Strong equityStrong equity € 578KStrong equity provides a buffer against setbacks.
Low riskLow risk 64.6%Good solvency (> 30%) points to long-term financial stability.
Positive cashflowPositive cashflow € 134KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 156KPositive EBITDA: operating activities are profitable.
- Investments
- Michiels Cars 100%
Financial ratios
|
|
2025
|
2024
|
2023
|
2021
|
|---|---|---|---|---|
|
€
165K
|
€
188K
|
€
128K
|
€
40K
|
|
|
€
156K
|
€
183K
|
€
124K
|
€
38K
|
|
|
€
88K
|
€
103K
|
€
62K
|
€
5K
|
|
|
€
578K
|
€
491K
|
€
388K
|
€
264K
|
|
|
64.58%
|
75.18%
|
75.87%
|
67.03%
|
|
|
€
317K
|
€
162K
|
€
123K
|
€
130K
|
|
|
€
135K
|
€
385K
|
€
226K
|
€
165K
|
Publications 21
All publications- Me. - Jaarrekening 31.12.2015, Ggk 07.05.2016, Ngl 17.08.2016 16438-0526-014 25/08/2016
- Ontslagen - Benoemingen 23/02/2016
- Me. - Jaarrekening 31.12.2014, Ggk 02.05.2015, Ngl 04.06.2015 15152-0143-014 10/06/2015
- Me. - Jaarrekening 31.12.2013, Ggk 03.05.2014, Ngl 04.07.2014 14280-0528-014 14/07/2014
- Me. - Jaarrekening 31.12.2012, Ggk 04.05.2013, Ngl 04.07.2013 13274-0167-015 10/07/2013
Frequently asked questions
Answers to the most common questions about August Michiels, based on official government data and the filed annual accounts.
What is the VAT number of August Michiels?
The VAT number of August Michiels is BE0418.241.036.
When was August Michiels established?
August Michiels was founded in 03-01-1978.
What is the official address of August Michiels?
The official address of August Michiels is Retieseweg 98 Geel 2440.
What is the legal form of August Michiels?
The juridical form of August Michiels is Private limited company (BVBA/SPRL, legacy).
What is the annual revenue of August Michiels?
The 2025 accounts of August Michiels do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is August Michiels a reliable company?
August Michiels is a registered Rechtspersoon with company number 0418.241.036 and can be verified through the official CBE database.
What is the credit limit of August Michiels?
The estimated credit limit of August Michiels is €167,264.
Is August Michiels still active?
August Michiels currently has the status "Normal situation" and is active.