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 2024 and 2025.
Financials
Financial year 2025
MICHEL&BOUDRU ASSOCIES from Elsene, company number BE0895260411, closed financial year 2025 with a result of € -3,003 after tax. For that financial year MICHEL&BOUDRU ASSOCIES recorded a gross margin of € 2,883 and equity of € 10,351. Compared with financial year 2024, the result moved from € -456 to € -3,003. 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 January 26, 2026.
€ 10,351
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,003
▼ 558 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,049.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,029
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24
Loans from banks and other lenders, long and short.
€ 2,504
▲ 211% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 735
▼ 60% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,590 | € 3,276 | € 6,064 | € 2,883 | ▼ 52% |
| Profit after taxes | € 243 | € -3,275 | € -456 | € -3,003 | ▼ € 2,547 |
| Equity | € 17,085 | € 13,811 | € 13,354 | € 10,351 | ▼ 22% |
| Total debts | € 8,023 | € 7,756 | € 4,451 | € 3,264 | ▼ 27% |
| Cash | € 1,069 | € 1,752 | € 3,480 | - | |
| Retained profit | € 4,685 | € 1,411 | € 954 | € -2,049 | ▼ € 3,003 |
| Bank debt | € 0 | € 0 | € 0 | € 24 | |
| Balance sheet total | € 25,108 | € 21,567 | € 17,805 | € 13,615 | ▼ 24% |
Key figures of MICHEL&BOUDRU ASSOCIES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MICHEL&BOUDRU ASSOCIES?
What happened at MICHEL&BOUDRU ASSOCIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,003. Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 243 profit in 2022 to € 3,003 loss in 2025.
Paid € 520 in corporate taxes since 2022.
Best year ever: 2022, with € 243 profit.
A new publication or filing at MICHEL&BOUDRU ASSOCIES? We notify you, reason included.
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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 MICHEL&BOUDRU ASSOCIES is Michel Boudru.
Directors
According to the 2025 annual accounts
Michel Boudru
Director
Establishments
Establishment units
Physical locations of this company
Louis Lepoutrelaan 96
1050 Elsene
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
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Domain
Domain
boudru.be
Registered
2012-03-29
Website info
Features
Security
Network
Details
- Company number
- 0895.260.411
- VAT number
- BE 0895.260.411
- Registered office
- Louis Lepoutrelaan 96, 1050 Elsene
- Names & denominations
- MICHEL&BOUDRU ASSOCIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 2008
- Peppol
- Active · Active since 18 Feb 2025
- Contact
- boudru.be
- Activities · NACE
Overige recreatie- en ontspanningsactiviteiten, neg
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Organisatie van congressen en beurzen
Activiteiten van managers van artiesten, sportlui en overige bekende personaliteiten
Activiteiten van webportalen
Activiteiten van reclamebureaus
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Webportalen
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