VOLUNTARY DISSOLUTION - LIQUIDATION

LE FOURNIL DE MICHEL

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Company — Voluntary dissolution - liquidation.

Financial year 2025 · Closed on 31/12/2025

Net result2,7 k €+123,2 %over 1 year

Gross margin-512,7 €+97,5 %over 1 year

Equity-27,7 k €+9,0 %over 1 year

Workforce2,4 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

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

Activities (NACE)

10712Manufacture of bread; manufacture of fresh pastry goods and cakes· main 10712Manufacture of bread; manufacture of fresh pastry goods and cakes 15812Manufacture of leather and related products

Joint committees (2)

11803
201

Contacts

2 public details availableLog in to view

Signals

ProfitableHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-512,7 €	+97.5%	-20,7 k €	-655%	3,7 k €	-98.8%	309,7 k €	-72.6%	1,1 M €
EBITDA	-80,8 k €	-267%	-22 k €	+69.6%	-72,5 k €	-47.2%	-49,3 k €	-138%	128,7 k €
Operating result	2,2 k €	+110%	-22 k €	+67.3%	-67,4 k €	-19.2%	-56,5 k €	-144%	129,1 k €
Net result	2,7 k €	+123%	-11,8 k €	+83.2%	-70 k €	-9.5%	-64 k €	-152%	122,2 k €
Balance sheet
Equity	-27,7 k €	+9.0%	-30,4 k €	-63.0%	-18,7 k €	-136%	51,4 k €	-55.5%	115,3 k €
Total assets	17,6 k €	-38.3%	28,5 k €	-92.6%	385,7 k €	-35.7%	599,4 k €	-59.8%	1,5 M €
Cash	14,7 k €	+168%	5,5 k €	-25.1%	7,3 k €	-96.2%	190,7 k €	-61.7%	498,3 k €
Debts	45,3 k €	-23.2%	58,9 k €	-85.4%	404,4 k €	-26.1%	547,5 k €	-60.3%	1,4 M €
Other
Workforce	2,4 ETP	0.0%	2,4 ETP	-47.8%	4,6 ETP	-62.6%	12,3 ETP	-52.7%	26,0 ETP

Board of directors

Source · NBB, accounts to 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

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/07/2026	08/09/2025	08/08/2024	24/08/2023	29/08/2022	30/08/2021
General meeting	20/06/2026	12/08/2025	12/06/2024	17/06/2023	24/08/2022	26/08/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	14/07/2026	French	PDF
Abridged model	31/12/2024	12/08/2025	08/09/2025	French	PDF
Abridged model	31/12/2023	12/06/2024	08/08/2024	French	PDF
Abridged model	31/12/2022	17/06/2023	24/08/2023	French	PDF
Abridged model	31/12/2021	24/08/2022	29/08/2022	French	PDF
Abridged model	31/12/2020	26/08/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	01/08/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	23/08/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	16/06/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	29/04/2017	30/05/2017	French	PDF
Abridged model	31/12/2015	18/06/2016	19/08/2016	French	PDF
Abridged model	31/12/2014	20/06/2015	20/08/2015	French	PDF
Abridged model	31/12/2013	21/06/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	15/06/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	16/06/2012	28/08/2012	French	PDF
Abridged model	31/12/2010	18/06/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	19/06/2010	04/08/2010	French	PDF
Abridged model	31/12/2008	20/06/2009	26/06/2009	French	PDF
Abridged model	31/12/2007	21/06/2008	22/08/2008	French	PDF
Abridged model	31/12/2006	16/06/2007	23/08/2007	French	PDF

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.

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Disclaimer

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

Board of directors

Source · NBB, accounts to 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

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

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Timeline

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

LE FOURNIL DE MICHEL

Overview

Identity

Financials

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline