Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
WONINGBOUW MICHEL NOELS from Balen, company number BE0475910803, closed financial year 2024 with a result of € -30,512 after tax. For that financial year WONINGBOUW MICHEL NOELS recorded a gross margin of € 64,494 and equity of € 6,765. Compared with financial year 2023, the result moved from € -5,424 to € -30,512. The company made a loss. The buffer shrank hard: equity is 82 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 18, 2025.
€ 6,765
▼ 82% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,512
▼ 463 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,735.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 63,457
▲ 1% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 70,409
▼ 17% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 77,366
▲ 27% vs 2023
€ 9,328 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 18,403
▼ 35% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 13,965
▼ 38% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 100,842 | € 114,722 | € 87,798 | € 64,494 | ▼ 27% |
| Profit after taxes | € -6,450 | € 15,824 | € -5,424 | € -30,512 | ▼ € 25,088 |
| Equity | € 42,797 | € 42,701 | € 37,277 | € 6,765 | ▼ 82% |
| Total debts | € 128,421 | € 119,788 | € 116,089 | € 148,887 | ▲ 28% |
| Cash | - | € 12,124 | - | - | |
| Retained profit | € 30,297 | € 30,201 | € 24,777 | € -5,735 | ▼ € 30,512 |
| Dividend | € 0 | € 15,920 | € 0 | € 0 | |
| Bank debt | € 47,615 | € 7,571 | € 61,055 | € 77,366 | ▲ 27% |
| Balance sheet total | € 171,218 | € 162,489 | € 153,366 | € 155,652 | ▲ 1% |
Key figures of WONINGBOUW MICHEL NOELS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to WONINGBOUW MICHEL NOELS?
What happened at WONINGBOUW MICHEL NOELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 30,512. Source: NBB ↗
- New establishment in Balen. KBO
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,450 loss in 2021 to € 30,512 loss in 2024.
Paid € 2,965 in corporate taxes since 2021.
Best year ever: 2022, with € 15,824 profit.
Paid out € 15,920 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind WONINGBOUW MICHEL NOELS is Michel Noels.
Directors
According to the 2024 annual accounts
Michel Noels
Director
Establishments
Establishment units
Physical locations of this company
De Spruiten 9
2490 Balen
IJzeren Rijnstraat 13
2490 Balen
Active since 1 February 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.910.803
- VAT number
- BE 0475.910.803
- Registered office
- De Spruiten 9, 2490 Balen
- Names & denominations
- WONINGBOUW MICHEL NOELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2001
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
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