VOLUNTARY DISSOLUTION - LIQUIDATION

LE FOURNIL DE MICHEL

Financial year 2025 · closed on 31/12/2025
Net result
2,7 k €
+123.2% YoY
Gross margin
-512,7 €
+97.5% YoY
Equity
-27,7 k €
+9.0% YoY
Workforce
2,4 ETP
0.0% YoY

Company — Voluntary dissolution - liquidation.

What does LE FOURNIL DE MICHEL do?

LE FOURNIL DE MICHEL is a Public limited company incorporated in 1989. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Flémalle. It employs on average 2,4 ETP workers (FTE).

Legal situation
Voluntary dissolution - liquidation
BCE/KBO no. / VAT
BE 0437.194.935
Incorporation
06/04/1989
Legal form
Public limited company
Registered office
Rue Jules Beaumont 11
4400 Flémalle · WallonieSee on map
Contributed capital
195 943,64 €
Latest accounts
31/12/2025
Average workforce
2,4 ETP
Joint committees (2)
  • 11803
  • 201
Contacts
2 public details availableLog in to view
Signals
ProfitableHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-512,7 €-20,7 k €3,7 k €309,7 k €1,1 M €989,9 k €984,6 k €954,3 k €1,2 M €1,1 M €880,4 k €900,5 k €673,2 k €937 k €996,9 k €1,1 M €1,1 M €1,1 M €990,2 k €
EBITDA-80,8 k €-22 k €-72,5 k €-49,3 k €128,7 k €-68,9 k €26,4 k €25,7 k €308,5 k €201,7 k €-76,4 k €9,5 k €-278,3 k €-166,5 k €-107,2 k €32,8 k €91,2 k €120,7 k €120,6 k €
Operating result2,2 k €-22 k €-67,4 k €-56,5 k €129,1 k €-68,9 k €22,6 k €17,6 k €309,3 k €183,8 k €21,6 k €-9,4 k €-397,9 k €-207,8 k €-141,4 k €-810,9 €19,5 k €85,4 k €78 k €
Net result2,7 k €-11,8 k €-70 k €-64 k €122,2 k €-74,5 k €21,5 k €304,7 €304,3 k €176,1 k €-25 k €-79,9 k €-408,7 k €-220,6 k €-141,3 k €2,9 k €10,6 k €54,7 k €55,7 k €
Balance sheet
Equity-27,7 k €-30,4 k €-18,7 k €51,4 k €115,3 k €-47,9 k €26,7 k €5,2 k €4,9 k €-299 k €-474,7 k €-449,3 k €-369 k €40,4 k €261,9 k €404,2 k €402,5 k €393,2 k €440 k €
Total assets17,6 k €28,5 k €385,7 k €599,4 k €1,5 M €769,8 k €905,6 k €850,3 k €972,4 k €901,2 k €844 k €915,8 k €839,2 k €851 k €926,8 k €939,9 k €881,4 k €929,9 k €877,7 k €
Cash14,7 k €5,5 k €7,3 k €190,7 k €498,3 k €265,2 k €231 k €182,3 k €247,3 k €207,5 k €232,8 k €233,6 k €226,8 k €120,7 k €179,3 k €243,4 k €442,4 k €371,9 k €414,2 k €
Debts45,3 k €58,9 k €404,4 k €547,5 k €1,4 M €814,9 k €873,5 k €839,6 k €958,6 k €1,2 M €1,3 M €1,4 M €1,2 M €807,8 k €656,3 k €528,4 k €470,9 k €527,8 k €428,8 k €
Other
Workforce2,4 ETP2,4 ETP4,6 ETP12,3 ETP26,0 ETP27,5 ETP25,0 ETP24,8 ETP25,6 ETP22,0 ETP22,8 ETP22,0 ETP21,5 ETP30,0 ETP35,8 ETP32,9 ETP32,4 ETP28,4 ETP26,4 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 23 ended

Active mandates

Erwin. KRAWENKEL.

Liquidator · since 28 décembre 2023

Active

Ended mandates

Erwin KRAWENKEL

Liquidator · since 28 décembre 2023

Ended
Erwin KRAWENKEL

Managing director · since 20 juin 2015 · until 20 juin 2021

Ended
Erwin KRAWENKEL

Managing director · since 20 juin 2015 · until 28 décembre 2023

Ended
Erwin KRAWENKEL

Managing director · since 20 juin 2015 · until 12 septembre 2024

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/07/202608/09/202508/08/202424/08/202329/08/202230/08/2021
General meeting20/06/202612/08/202512/06/202417/06/202324/08/202226/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/06/202614/07/2026FrenchPDF
Abridged model31/12/202412/08/202508/09/2025FrenchPDF
Abridged model31/12/202312/06/202408/08/2024FrenchPDF
Abridged model31/12/202217/06/202324/08/2023FrenchPDF
Abridged model31/12/202124/08/202229/08/2022FrenchPDF
Abridged model31/12/202026/08/202130/08/2021FrenchPDF
Abridged model31/12/201901/08/202030/10/2020FrenchPDF
Abridged model31/12/201823/08/201930/08/2019FrenchPDF
Abridged model31/12/201716/06/201828/08/2018FrenchPDF
Abridged model31/12/201629/04/201730/05/2017FrenchPDF
Abridged model31/12/201518/06/201619/08/2016FrenchPDF
Abridged model31/12/201420/06/201520/08/2015FrenchPDF
Abridged model31/12/201321/06/201427/08/2014FrenchPDF
Abridged model31/12/201215/06/201330/08/2013FrenchPDF
Abridged model31/12/201116/06/201228/08/2012FrenchPDF
Abridged model31/12/201018/06/201130/08/2011FrenchPDF
Abridged model31/12/200919/06/201004/08/2010FrenchPDF
Abridged model31/12/200820/06/200926/06/2009FrenchPDF
Abridged model31/12/200721/06/200822/08/2008FrenchPDF
Abridged model31/12/200616/06/200723/08/2007FrenchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 23 ended

Active mandates

Erwin. KRAWENKEL.

Liquidator · since 28 décembre 2023

Active

Ended mandates

Erwin KRAWENKEL

Liquidator · since 28 décembre 2023

Ended
Erwin KRAWENKEL

Managing director · since 20 juin 2015 · until 20 juin 2021

Ended
Erwin KRAWENKEL

Managing director · since 20 juin 2015 · until 28 décembre 2023

Ended
Erwin KRAWENKEL

Managing director · since 20 juin 2015 · until 12 septembre 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/05/2024
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/12/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other27/09/2018
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates26/06/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/08/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office17/05/2013
    SIEGE SOCIAL
    PDF
  • Capital / shares08/07/2010
    OBJET - CAPITAL, ACTIONS
    PDF
  • Mandates02/07/2009
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20252,7 k €
  2. 2024
    Annual accounts 2024-11,8 k €
  3. 2023
    Annual accounts 2023-70 k €
  4. 2023
    Name changeLE FOURNIL DE MICHEL en liquidation
  5. 2022
    Annual accounts 2022-64 k €
  6. 2021
    Annual accounts 2021122,2 k €
  7. 2021
    Name changeLE FOURNIL DE MICHEL
  8. 2019
    Annual accounts 2019-74,5 k €
  9. 2018
    Annual accounts 201821,5 k €
  10. 2017
    Annual accounts 2017304,7 €
  11. 2016
    Annual accounts 2016304,3 k €
  12. 2015
    Annual accounts 2015176,1 k €
  13. 2014
    Annual accounts 2014-25 k €
  14. 2013
    Annual accounts 2013-79,9 k €
  15. 2012
    Annual accounts 2012-408,7 k €
  16. 2011
    Annual accounts 2011-220,6 k €
  17. 2010
    Annual accounts 2010-141,3 k €
  18. 2009
    Annual accounts 20092,9 k €
  19. 2008
    Annual accounts 200810,6 k €
  20. 2007
    Annual accounts 200754,7 k €
  21. 2006
    Annual accounts 200655,7 k €
  22. 06/04/1989
    IncorporationPublic limited company