Active · per the CBE, 31 October 2026

BANDEN MICHEL

BE0476974932

Rechtspersoon Private limited company 1 establishment

BANDEN MICHEL is a market trader in Boortmeerbeek. Private Limited, started on 4 March 2002, 1 establishment.

Leuvensesteenweg 48 box A, 3191 Boortmeerbeek

Behind the company: RODAS BV.

Active for

24 year, 7 months

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 11.2 to 9.9.

Financials

Financial year 2026

BANDEN MICHEL from Boortmeerbeek, company number BE0476974932, closed financial year 2026 with a result of € 226,103 after tax. For that financial year BANDEN MICHEL recorded a gross margin of € 1.1 million and equity of € 1.1 million. Compared with financial year 2025, the result moved from € 320,753 to € 226,103. The company is profitable. 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 October 24, 2026.

What it is worth Growing

€ 1.1 million

▲ 7% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 226,103

▼ 30% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 396,575

▼ 29% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 155,000 paid out

69 % of the profit went to the shareholders, mostly to Rodas (100 % of the shares). That is where the money ends up.

People and assets in 2026

Full-time equivalents

9.9

▼ 0.6 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 714,899

▲ 1% vs 2025

€ 72,200 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.

Vehicles and equipment

€ 110,132

▼ 19% vs 2025

Of which on lease € 26,667.

Debts at end 2026

Bank debt ≈ 3 years to go

€ 80,665

▼ 26% vs 2025

€ 23,431 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 746,520

▼ 18% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 117,039

▼ 4% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2023202420252026Change 2025 → 2026
Gross margin € 856,171 € 809,824 € 1,186,213 € 1,071,782 ▼ 10%
Profit after taxes € 182,476 € 77,687 € 320,753 € 226,103 ▼ 30%
Equity € 1,118,996 € 1,196,683 € 1,009,342 € 1,080,446 ▲ 7%
Total debts € 835,871 € 831,948 € 1,147,646 € 1,099,314 ▼ 4%
Cash € 321,490 € 447,436 € 558,305 € 396,575 ▼ 29%
Retained profit € 1,100,396 € 1,178,083 € 990,742 € 1,061,846 ▲ 7%
Dividend € 0 € 0 € 508,094 € 155,000 ▼ 69%
Bank debt € 26,959 € 18,053 € 108,815 € 80,665 ▼ 26%
Balance sheet total € 1,954,867 € 2,028,631 € 2,156,988 € 2,179,760 ▲ 1%
Employees (FTE) 9.5 11.2 10.5 9.9 ▼ 0.6

Key figures of BANDEN MICHEL, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to BANDEN MICHEL?

What happened at BANDEN MICHEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2026: profit of € 226,103 (▼ 30% vs 2025). Source: NBB ↗
  • RODAS BV became a director. NBB
  • New establishment in Boortmeerbeek. KBO
  • Start of the company according to the CBE. KBO

In short

From € 182,476 profit in 2023 to € 226,103 profit in 2026.

Paid € 277,555 in corporate taxes since 2023.

Best year ever: 2025, with € 320,753 profit.

On average € 108,300 of value added per employee in 2026.

Management

Rodas 100%

The stake of Rodas comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

BANDEN MICHEL

Behind BANDEN MICHEL is RODAS BV. The shares are held by Rodas (100%).

Directors

According to the 2026 annual accounts

RODAS BV

Director · represented by Van Hoof Seppe

since 2025

Shareholders

Rodas

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Leuvensesteenweg 48 box A

3191 Boortmeerbeek

2.095.779.822

Leuvensesteenweg 48 A

3191 Boortmeerbeek

Active since 22 March 2002

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0476.974.932
VAT number
BE 0476.974.932
Registered office
Leuvensesteenweg 48 bus A, 3191 Boortmeerbeek
Names & denominations
BANDEN MICHEL
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
4 March 2002
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

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Frequently asked questions

What does BANDEN MICHEL do?
BANDEN MICHEL is a market trader in Boortmeerbeek. Private Limited, started on 4 March 2002, 1 establishment.
What is the address of BANDEN MICHEL?
The registered office of BANDEN MICHEL is located at Leuvensesteenweg 48 box A, 3191 Boortmeerbeek.
Is BANDEN MICHEL still active?
Yes. According to the CBE (31 October 2026) BANDEN MICHEL is active, legal situation “Normale toestand”, started on 4 March 2002.
Is BANDEN MICHEL registered on Peppol?
Yes, BANDEN MICHEL is registered on the Peppol network with ID 0208:0476974932.
What is the enterprise number of BANDEN MICHEL?
The enterprise number of BANDEN MICHEL is BE0476974932.
When was BANDEN MICHEL founded?
BANDEN MICHEL was founded on 4 March 2002.