Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 22.1 to 19.8.
Financials
Financial year 2025
Entreprise de travaux publics Léon Michaux from Farciennes, company number BE0401605140, closed financial year 2025 with a result of € 58,701 after tax. For that financial year Entreprise de travaux publics Léon Michaux recorded a gross margin of € 1.2 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 37,851 to € 58,701. 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 June 11, 2026.
€ 1.7 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 58,701
▲ 55% vs 2024
Profit after tax over the fiscal year.
€ 961,522
▲ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45,000 paid out
77 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
19.8
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 911,444
▲ 8% vs 2024
€ 46,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,454
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 101,099
▼ 42% vs 2024
€ 52,003 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 987,181
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,660
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,162,998 | € 955,999 | € 1,046,758 | € 1,151,195 | ▲ 10% |
| Profit after taxes | € 16,406 | € 20,063 | € 37,851 | € 58,701 | ▲ 55% |
| Equity | € 1,718,999 | € 1,709,063 | € 1,716,914 | € 1,730,615 | ▲ 1% |
| Total debts | € 886,647 | € 909,334 | € 1,658,761 | € 1,174,966 | ▼ 29% |
| Cash | € 457,970 | € 432,460 | € 599,453 | € 961,522 | ▲ 60% |
| Land & buildings | € 292,209 | € 292,209 | € 292,209 | € 292,209 | |
| Retained profit | € 1,594,999 | € 1,585,063 | € 1,592,914 | € 1,606,615 | ▲ 1% |
| Dividend | € 22,281 | € 30,000 | € 30,000 | € 45,000 | ▲ 50% |
| Bank debt | € 52,700 | € 184,120 | € 173,255 | € 101,099 | ▼ 42% |
| Balance sheet total | € 2,605,646 | € 2,618,396 | € 3,375,674 | € 2,905,581 | ▼ 14% |
| Employees (FTE) | 25 | 22.1 | 20.6 | 19.8 | ▼ 0.8 |
Key figures of Entreprise de travaux publics Léon Michaux, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Entreprise de travaux publics Léon Michaux?
What happened at Entreprise de travaux publics Léon Michaux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Luc MICHAUX stepped down as director. NBB
- Jean-Léon MICHAUX stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 58,701 (▲ 55% vs 2024). Source: NBB ↗
- Jean-Luc MICHAUX became a director. NBB
- Jean-Léon MICHAUX became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Farciennes. KBO
In short
From € 16,406 profit in 2022 to € 58,701 profit in 2025.
Paid € 63,018 in corporate taxes since 2022.
Best year ever: 2025, with € 58,701 profit.
On average € 58,100 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Jean-Luc MICHAUX
Director, Administrateur délégué à la gestion journaliè
Also active at: MARKETING SERVICES J.L.M., CONSTRUCTION ET COORDINATION, Ateliers J.L.M. (Anciennement Dupanloup), R BO aime
since 2023 · until 2029
Jean-Léon MICHAUX
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue Sifride Demoulin(FAR) 2
6240 Farciennes
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.605.140
- VAT number
- BE 0401.605.140
- Registered office
- Rue Sifride Demoulin(FAR) 2, 6240 Farciennes
- Names & denominations
- Entreprise de travaux publics Léon Michaux
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten
Bouw van autowegen en andere wegen
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.