MOULIN BOLAND
ActiveMOULIN BOLAND has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €311k and a net result of €8k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 4839 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-6
Solvency82▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.47 in 2024; short-term debt: 43.4% and cash: 3.9% of total assets), and 43.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
56.6%
Return on assets
1.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
34 d late
2024
26 d late
2023
44 d early
2022
4 d early
2021
5 d early
2020
12 d early
2019
39 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k▼ 77.5%
2024 · €34k
2018: €3k
2019: €12k
2020: €45k
2021: €2k
2022: €12k
2023: €-52k
2024: €34k
2018 → 2025
Working capital
€125k▲ 12.8%
2024 · €111k
2018: €165k
2019: €179k
2020: €162k
2021: €91k
2022: €94k
2023: €62k
2024: €111k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€309k-€321k▲ 3.9%€269k▼ 16.3%€303k▲ 12.8%€311k▲ 2.5%
Operating result€4k-€15k▲ 291%€-46k€39k€12k▼ 68.3%
Net result€2k-€12k▲ 530%€-52k€34k€8k▼ 77.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 68% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €549k
Fixed assets
€186k▼ 4.6%
Current assets
€363k▲ 4.6%
Equity and liabilities €549k
Equity
€311k▲ 2.5%
Debt
€238k▼ 0.3%
The debt ratio falls from 44.1% to 43.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▼
2024 · €60k
Cash flow
€28k▼
2024 · €56k
Solvency
56.6%▲
2024 · 55.9%
Current ratio
1.52▲
2024 · 1.47
Quick ratio
0.31▲
2024 · 0.23
Debt / equity
0.77▼
2024 · 0.79
ROE
2.5%▼
2024 · 11.3%
ROA
1.4%▼
2024 · 6.3%
Interest coverage
6.63▼
2024 · 12.05
Debt
€238k▼
2024 · €239k
Debt ≤ 1 year
€238k▲
2024 · €236k
Staff costs
€193k▲
2024 · €179k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€542k€549k▲
Fixed assets21/28€195k€186k▼
Tangible fixed assets22/27€195k€186k▼
Land and buildings22€170k€162k▼
Plant, machinery and equipment23€16k€11k▼
Furniture and vehicles24€9k€13k▲
Financial fixed assets28€124€124=
Current assets29/58€347k€363k▲
Stocks and contracts in progress3€294k€289k▼
Stocks30/36€294k€289k▼
Amounts receivable within one year40/41€28k€44k▲
Trade receivables40€24k€40k▲
Other amounts receivable41€4k€4k▼
Cash at bank and in hand54/58€17k€21k▲
Deferred charges and accrued income490/1€9k€9k▲
Equity and liabilities
Total equity and liabilities10/49€542k€549k▲
Equity10/15€303k€311k▲
Contributions10/11€149k€149k=
Capital10€149k€149k=
Issued capital100€149k€149k=
Reserves13€63k€63k=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Distributable reserves133€48k€48k=
Profit (loss) carried forward14€92k€99k▲
Amounts payable17/49€239k€238k▼
Amounts payable within one year42/48€236k€238k▲
Financial debts43€70k€70k=
Other loans439€70k€70k=
Trade debts44€105k€115k▲
Suppliers440/4€105k€115k▲
Advances received on contracts in progress46€7k-
Taxes, remuneration and social security45€31k€33k▲
Taxes450/3€565€2k▲
Remuneration and social security454/9€31k€31k▲
Other amounts payable47/48€23k€20k▼
Accrued charges and deferred income492/3€2k€18▼
Income statement
Code20242025
Remuneration, social security and pensions62€179k€193k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€20k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€471€801▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€241k€228k▼
Operating profit (loss)9901€39k€12k▼
Financial income75/76B€531€277▼
Recurring financial income75€531€277▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€34k€8k▼
Profit (loss) for the period9904€34k€8k▼
Profit (loss) for the period to be appropriated9905€34k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€93k€99k▲
Profit (loss) brought forward from the previous period14P€59k€92k▲
Transfer to equity691/2€2k-
To the legal reserve6920€2k-
Social balance
Average headcount (FTE)90873.84.1▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 34 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-52k ▼539%
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €45k ▲266%
Operating result €51k, net result €45k, both a record.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Seraing · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Wathieu 104100 SeraingGround area
345 m²
Building footprint
229 m²
Volume, LiDAR
2,215 m³
2 parcels, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Wathieu 22, 4100 Seraing
since 19872.031.714.587
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62355B0586/00P003indicative | Wallonia | 243 m² | 1 · 44 m² | 10.4 m · 3 fl. |
| 62355B0407/00D000 | Wallonia | 101 m² | 1 · 185 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSeraing2.031.714.587
Similar companies · same sector, comparable size
PURNELLE
BE 0455.836.454
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Beveren-Kruibeke-Zwijndrecht · Eq €312k
AVEVE WARNEZ
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TRITON
BE 0426.364.092
Brasschaat · Eq €304k
HEYHOEK
BE 0448.248.480
Lichtervelde · Eq €301k
Of 689 companies in sector 46216 we hold annual accounts for 476. 366 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-03-1987
Fiscal year end31-12
Activities, NACEBEL
46216Wholesale of agricultural produce and animal feed, general range
47762Retail sale of pets, pet food and pet supplies
51210
52496
10610Manufacture of food products
10910Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.