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AGENCE MULIER

Active
Public limited companyfounded 1988active for 37 yearsDynastielaan 2, 8660 De Panne, BelgiumKBO/BCE: BE 0435.668.570
Summary

AGENCE MULIER has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.5m and a net result of -€305,237. Equity is shrinking by about 9.4% per year across the filed financial years. Its solvency ranks better than 47% of 19,147 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Real estate agency activities
NACE 68310
3rd largest company by total assets in De Panne, Real estate sector2 sites
Size
€9.0mtotal assets 2024
Staff
4 FTE
Equity
€2.5m
Loss
-€305,237
Turnover not published (abbreviated or micro format)
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts 73 days overdue1 of 10 deeds read
Why 54raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 17-06-2025)Liquidity: current ratio 0.10, cash €122,747lowers riskSize: total assets €9.0mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 23% of its sector peers (NACE 68, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 53-10
equity 28.0% of total assets
Liquidity 17-7
short-term debt 65.1% · cash 1.4%
Profitability 14-12
return on assets -3.4%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,970 companies, NACE 68, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.2 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.5%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €130,000 on 30-day terms, only on tighter conditions
Liquidity insufficient (current ratio 0.1, compared with 0.18 in 2023; short-term debt: 65.1% and cash: 1.4% of total assets), and 72% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 48% on solvency, 14% on liquidity, 7% on profitability and 21% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 17-06-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.10, cash €122,747
NBB · annual accounts
lowers risk · Size: total assets €9.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
192021222324
2019 to 2024 · latest year -€305,237
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
51 days early
2023
89 days early
2022
66 days early
2021
118 days early
2020
81 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 69 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Algemene Vergadering - BoekjaarPower of attorney
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2024 -€305,237 View
  • Caution: Among the weakest 5% on net resultsector median €4,584 · 19,135 companies -€305,237 View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View

By topic

Financials

Financial year
2024
Total assets
€9.0m
Loss
-€305,237
Solvency
28.0%
Total assets▲ 20.5%
Net result
20192024
Go to Financials

Timeline

Events
38
Since
1990
  1. 26-05-2023Annual accounts filed
  2. 31-12-2022Weakest financial year
  3. 04-04-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Real estate agency activitiesNACE 68310
Founded
28-10-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Financial year
From 1 October to 30 September
Annual meeting
First Saturday of March at 10:00
Go to Articles of association

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