Molux
ActiveSummary
Molux has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117,512 and a net result of €32,247. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+13
Solvency82▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.07 against 1.77 in 2024; short-term debt: 42.8% and cash: 51% of total assets), and 43.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.7%
Return on assets
15.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
3 d early
2023
5 d early
2022
20 d early
2021
4 d early
2020
12 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€117,512▲ 37.8%
2024 · €85,265
Total assets
€207,172▲ 24.3%
2024 · €166,648
Net result
€32,247▲ 285%
2024 · €8,378
Working capital
€94,942▲ 53.2%
2024 · €61,953
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,461▼ 47.7%€10,399▲ 200%€8,974▼ 13.7%€12,828▲ 42.9%€49,348▲ 285%
Net result€1,967▼ 58.4%€6,570▲ 234%€5,855▼ 10.9%€8,378▲ 43.1%€32,247▲ 285%
Equity€65,263▲ 3.1%€71,833▲ 10.1%€76,888▲ 7.0%€85,265▲ 10.9%€117,512▲ 37.8%
Total assets€129,993▲ 29.6%€127,318▼ 2.1%€124,465▼ 2.2%€166,648▲ 33.9%€207,172▲ 24.3%
Debt€64,730▲ 75.1%€55,485▼ 14.3%€47,577▼ 14.3%€81,383▲ 71.1%€89,660▲ 10.2%
Working capital€42,897▼ 19.8%€49,920▲ 16.4%€40,293▼ 19.3%€61,953▲ 53.8%€94,942▲ 53.2%
Staff (FTE)0.8
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 285% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207,172
Fixed assets
€23,507 ▼ 4.4%
Current assets
€183,665 ▲ 29.3%
Equity and liabilities €207,172
Equity
€117,512 ▲ 37.8%
Debt
€89,660 ▲ 10.2%
Debt's share of the balance-sheet total falls from 48.8% to 43.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61,785▲
2024 · €25,160
Cash flow
€44,684▲
2024 · €20,709
Current ratio
2.07▲
2024 · 1.77
Debt to equity
0.76▼
2024 · 0.95
ROE
27.4%▲
2024 · 9.8%
ROA
15.6%▲
2024 · 5.0%
Interest coverage
37.18▲
2024 · 29.19
Debt ≤ 1 year
€88,722▲
2024 · €80,108
Income taxes
€15,439▲
2024 · €3,686
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €35,905 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,031 | €8,419 | €9,700 | €12,332 | €12,437 | ▲ 0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €29,720 | - |
| Other operating charges640/8 | €2,813 | €2,618 | €2,301 | €3,003 | €2,958 | ▼ 1.5% |
| Non-recurring operating charges66A | - | - | €6,600 | €725 | €512 | ▼ 29.4% |
| Gross operating margin9900 | €49,210 | €21,435 | €27,575 | €28,888 | €94,974 | ▲ 229% |
| Operating profit (loss)9901 | €3,461 | €10,399 | €8,974 | €12,828 | €49,348 | ▲ 285% |
| Financial income75/76B | €1 | €1 | €48 | €97 | €1 | ▼ 99.2% |
| Recurring financial income75 | €1 | €1 | €48 | €97 | €1 | ▼ 99.2% |
| Financial charges65/66B | €1,269 | €1,249 | €969 | €862 | €1,662 | ▲ 92.8% |
| Recurring financial charges65 | €1,269 | €1,249 | €969 | €862 | €1,662 | ▲ 92.8% |
| Profit (loss) for the period before taxes9903 | €2,192 | €9,151 | €8,054 | €12,064 | €47,687 | ▲ 295% |
| Income taxes67/77 | €225 | €2,582 | €2,199 | €3,686 | €15,439 | ▲ 319% |
| Profit (loss) for the period9904 | €1,967 | €6,570 | €5,855 | €8,378 | €32,247 | ▲ 285% |
| Profit (loss) for the period to be appropriated9905 | €1,967 | €6,570 | €5,855 | €8,378 | €32,247 | ▲ 285% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €129,993 | €127,318 | €124,465 | €166,648 | €207,172 | ▲ 24.3% |
| Fixed assets21/28 | €27,056 | €24,549 | €37,128 | €24,587 | €23,507 | ▼ 4.4% |
| Intangible fixed assets21 | - | €1,430 | €763 | €97 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €26,231 | €22,294 | €35,540 | €23,665 | €22,682 | ▼ 4.2% |
| Plant, machinery and equipment23 | €13,485 | €10,100 | €24,570 | €17,458 | €14,703 | ▼ 15.8% |
| Furniture and vehicles24 | €12,747 | €12,194 | €10,970 | €6,207 | €7,980 | ▲ 28.6% |
| Financial fixed assets28 | €825 | €825 | €825 | €825 | €825 | = |
| Current assets29/58 | €102,937 | €102,768 | €87,336 | €142,061 | €183,665 | ▲ 29.3% |
| Stocks and contracts in progress3 | €13,800 | €0 | €6,391 | €7,752 | €0 | ▼ 100% |
| Stocks30/36 | - | - | €6,391 | €7,752 | €0 | ▼ 100% |
| Contracts in progress37 | €13,800 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €60,973 | €34,633 | €50,153 | €64,189 | €58,177 | ▼ 9.4% |
| Trade receivables40 | €50,904 | €33,669 | €37,616 | €61,225 | €54,698 | ▼ 10.7% |
| Other amounts receivable41 | €10,069 | €964 | €12,537 | €2,964 | €3,479 | ▲ 17.4% |
| Cash at bank and in hand54/58 | €26,171 | €64,471 | €28,125 | €69,035 | €105,692 | ▲ 53.1% |
| Deferred charges and accrued income490/1 | €1,993 | €3,665 | €2,668 | €1,085 | €19,795 | ▲ 1,724% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €129,993 | €127,318 | €124,465 | €166,648 | €207,172 | ▲ 24.3% |
| Equity10/15 | €65,263 | €71,833 | €76,888 | €85,265 | €117,512 | ▲ 37.8% |
| Contributions10/11 | €20,460 | €20,460 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €44,803 | €51,373 | €56,428 | €64,805 | €97,052 | ▲ 49.8% |
| Distributable reserves133 | €44,803 | €51,373 | €56,428 | €64,805 | €97,052 | ▲ 49.8% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | - | - |
| Amounts payable17/49 | €64,730 | €55,485 | €47,577 | €81,383 | €89,660 | ▲ 10.2% |
| Amounts payable after more than one year17 | €4,690 | €2,636 | €534 | €0 | - | - |
| Financial debts170/4 | €4,690 | €2,636 | €534 | €0 | - | - |
| Amounts payable within one year42/48 | €60,040 | €52,848 | €47,043 | €80,108 | €88,722 | ▲ 10.8% |
| Current portion of amounts payable after more than one year42 | €2,006 | €2,054 | €2,103 | €534 | €0 | ▼ 100% |
| Financial debts43 | - | €3,661 | €4,624 | €0 | - | - |
| Credit institutions430/8 | - | €3,661 | €4,624 | €0 | - | - |
| Trade debts44 | €48,890 | €25,385 | €23,181 | €51,298 | €40,550 | ▼ 21.0% |
| Suppliers440/4 | €48,890 | €25,385 | €23,181 | €51,298 | €40,550 | ▼ 21.0% |
| Advances received on contracts in progress46 | - | - | - | - | €21,250 | - |
| Taxes, remuneration and social security45 | €0 | €2,962 | €2,832 | €17,009 | €3,199 | ▼ 81.2% |
| Taxes450/3 | €0 | €2,962 | €2,832 | €17,009 | €3,199 | ▼ 81.2% |
| Remuneration and social security454/9 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €9,145 | €18,787 | €14,305 | €11,267 | €23,723 | ▲ 111% |
| Accrued charges and deferred income492/3 | - | - | - | €1,275 | €938 | ▼ 26.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,967 | €6,570 | €5,855 | €8,378 | €32,247 | ▲ 285% |
| + Depreciation and write-downs630 | €7,031 | €8,419 | €9,700 | €12,332 | €12,437 | ▲ 0.9% |
| Operating cash flow (approximation) | €8,998 | €14,989 | €15,555 | €20,709 | €44,684 | ▲ 116% |
| Investment in fixed assets (approximation) | - | -€5,912 | -€22,279 | €209 | -€11,358 | ▼ 5,526% |
| Change in cash | - | €38,299 | -€36,346 | €40,910 | €36,656 | ▼ 10.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-09
State Gazette act
Appointment: Ewa Bratkowska (director)Resignation: ukasz Jankowski (manager)3 facts ▸
State Gazette act
Appointment: Ewa Bratkowska (director)
Resignation: ukasz Jankowski (manager)3 facts ▸
- Board meeting, 31-03-2026
- Director appointment, Ewa Bratkowska (director)
- Director resignation, ukasz Jankowski (manager)
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €32,247 ▲285%
Operating result €49,348, net result €32,247, both a record.
31-12
Financial
Equity above €100,000Eq €117,512 ▲37.8%
8 profitable years in a row build equity to €117,512.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €1,967 ▼58.4%
Net result drops to €1,967, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Ewa Bratkowska
CurrentDirector · since 01-04-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 1993
Ground area
3,492 m²
Building footprint
200 m²
Volume, LiDAR
1,280 m³
Parcel 11039A0185/00Y036, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Molux
since 19932.060.671.859
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0185/00Y036 | Flanders | 3,492 m² | 1 · 200 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Ewa Bratkowska |
|
| ukasz Jankowski |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
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Shareholding
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Of 8,574 companies in sector 43410 we hold annual accounts for 4,366. 3,807 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded01-01-1992
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43110Demolition
Scores and ratios are computed by Checked and are not a credit decision.