Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Etablissements Benoit MICHELS from Bouillon, company number BE0451425429, closed financial year 2025 with a result of € -50,405 after tax. For that financial year Etablissements Benoit MICHELS recorded a gross margin of € 511,609 and equity of € 264,811. Compared with financial year 2024, the result moved from € -15,828 to € -50,405. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 264,811
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,405
▼ 218 % more loss than in 2024
Profit after tax over the fiscal year.
€ 10,035
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 15,794.
People and assets in 2025
12
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 474,747
▲ 16% vs 2024
€ 39,600 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.
€ 59,537
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 205,359
▼ 10% vs 2024
€ 39,001 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 78,068
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 76,263
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 395,127 | € 485,755 | € 488,692 | € 511,609 | ▲ 5% |
| Profit after taxes | € 21,441 | € 37,682 | € -15,828 | € -50,405 | ▼ € 34,577 |
| Equity | € 295,785 | € 332,283 | € 315,270 | € 264,811 | ▼ 16% |
| Total debts | € 263,780 | € 362,329 | € 404,651 | € 387,853 | ▼ 4% |
| Cash | € 11,926 | € 16,270 | € 16,026 | € 10,035 | ▼ 37% |
| Land & buildings | € 76,635 | € 84,225 | € 87,270 | € 80,056 | ▼ 8% |
| Retained profit | € 44,346 | € 82,028 | € 66,200 | € 15,794 | ▼ 76% |
| Bank debt | € 135,112 | € 201,381 | € 226,919 | € 205,359 | ▼ 10% |
| Balance sheet total | € 559,565 | € 694,612 | € 719,922 | € 652,664 | ▼ 9% |
| Employees (FTE) | - | 12.8 | 12.3 | 12 | ▼ 0.3 |
Key figures of Etablissements Benoit MICHELS, 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 Etablissements Benoit MICHELS?
What happened at Etablissements Benoit MICHELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Benoit MICHELS stepped down as director. NBB
- Manuella MEULENIJZER stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 50,405. Source: NBB ↗
- New establishment in Bouillon. KBO
- Benoit MICHELS became a director. NBB
- Manuella MEULENIJZER became a director. NBB
- New establishment in Bouillon. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,441 profit in 2022 to € 50,405 loss in 2025.
Paid € 3,335 in corporate taxes since 2022.
Best year ever: 2023, with € 37,682 profit.
On average € 42,600 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2004 · until 2028
Manuella MEULENIJZER
Director
since 2004 · until 2028
Establishments
Establishment units
Physical locations of this company
Place Saint-Arnould 9
6830 Bouillon
Rue de la Girafe,Sensenruth 58
6832 Bouillon
Active since 29 September 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
benoitmichels.com
Registered
2000-06-27
Registrar
Network Solutions, LLC
Expires
2027-06-27
Website info
Features
Security
Network
Details
- Company number
- 0451.425.429
- VAT number
- BE 0451.425.429
- Registered office
- Place Saint-Arnould 9, 6830 Bouillon
- Names & denominations
- Etablissements Benoit MICHELS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1993
- Peppol
- Active · Active since 28 Oct 2025
- Contact
- benoitmichels.com
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Artisanale brood- en banketbakkerijen