Moulin Georges
ActiveMoulin Georges has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €-12k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 42% of 636 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-45
Solvency58▼-16
Growth36▼-14
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.47 in 2024), and 67.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 10
Relative position
BE, all sectors
reference
Sector 10
higher
← 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
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
14 d early
2023
13 d early
2022
11 d early
2021
32 d early
2020
57 d early
2019
55 d early
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€2.30M▲ 1.9%
2024 · €2.26M
2023: €2.18M
2024: €2.26M
2023 → 2025
EBIT margin
-0.4%▼ 3.8pp
2024 · 3.4%
2023: 3.2%
2024: 3.4%
2023 → 2025
Net result
€-12k
2024 · €53k
2018: €74k
2019: €73k
2020: €97k
2021: €27k
2022: €114k
2023: €47k
2024: €53k
2018 → 2025
Working capital
€136k▼ 15.3%
2024 · €161k
2018: €110k
2019: €123k
2020: €118k
2021: €172k
2022: €210k
2023: €160k
2024: €161k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.18M€2.26M▲ 3.5%€2.30M▲ 1.9%
Equity€230k-€264k▲ 14.5%€270k▲ 2.5%€243k▼ 9.9%€191k▼ 21.5%
Operating result€55k-€158k▲ 186%€71k▼ 55.3%€77k▲ 8.5%€-10k
Net result€27k-€114k▲ 323%€47k▼ 59.0%€53k▲ 14.1%€-12k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €77k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €592k
Fixed assets
€55k▼ 33.6%
Current assets
€537k▲ 7.0%
Equity and liabilities €592k
Equity
€191k▼ 21.5%
Debt
€401k▲ 17.5%
The debt ratio rises from 58.4% to 67.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€18k▼
2024 · €109k
Cash flow
€15k▼
2024 · €86k
Solvency
32.3%▼
2024 · 41.6%
Current ratio
1.34▼
2024 · 1.47
Quick ratio
0.87▼
2024 · 0.93
Debt / equity
2.10▲
2024 · 1.40
ROE
-6.5%▼
2024 · 21.8%
ROA
-2.1%▼
2024 · 9.1%
Interest coverage
7.39▼
2024 · 41.97
Debt
€401k▲
2024 · €341k
Debt ≤ 1 year
€401k▲
2024 · €341k
Income taxes
€224▼
2024 · €21k
Staff costs
€231k▼
2024 · €255k
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€584k€592k▲
Fixed assets21/28€83k€55k▼
Tangible fixed assets22/27€83k€55k▼
Plant, machinery and equipment23€12k€5k▼
Furniture and vehicles24€65k€47k▼
Other tangible fixed assets26€5k€3k▼
Current assets29/58€502k€537k▲
Stocks and contracts in progress3€184k€187k▲
Stocks30/36€184k€187k▲
Raw materials and consumables30/31€49k€45k▼
Goods purchased for resale34€135k€142k▲
Amounts receivable within one year40/41€243k€271k▲
Trade receivables40€187k€178k▼
Other amounts receivable41€56k€93k▲
Cash at bank and in hand54/58€71k€60k▼
Deferred charges and accrued income490/1€4k€20k▲
Equity and liabilities
Total equity and liabilities10/49€584k€592k▲
Equity10/15€243k€191k▼
Contributions10/11€20k€20k=
Reserves13€72k€59k▼
Tax-exempt reserves132€56k€56k=
Distributable reserves133€15k€3k▼
Profit (loss) carried forward14€152k€112k▼
Amounts payable17/49€341k€401k▲
Amounts payable within one year42/48€341k€401k▲
Trade debts44€236k€343k▲
Suppliers440/4€236k€343k▲
Taxes, remuneration and social security45€25k€17k▼
Taxes450/3€631€348▼
Remuneration and social security454/9€25k€17k▼
Other amounts payable47/48€80k€40k▼
Income statement
Code20242025
Operating income70/76A€2.28M€2.32M▲
Turnover70€2.26M€2.30M▲
Other operating income74€19k€15k▼
Operating charges60/66A€2.20M€2.33M▲
Goods for resale, raw materials and consumables60€1.43M€1.55M▲
Purchases600/8€1.42M€1.55M▲
Change in stocks: decrease (increase)609€8k€-3k▼
Services and other goods61€469k€503k▲
Remuneration, social security and pensions62€255k€231k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€28k▼
Other operating charges640/8€17k€18k▲
Operating profit (loss)9901€77k€-10k▼
Financial income75/76B€674€82▼
Recurring financial income75€674€82▼
Other financial income752/9€674€82▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Other financial charges652/9€3k€2k▼
Profit (loss) for the period before taxes9903€75k€-12k▼
Income taxes67/77€21k€224▼
Taxes670/3€21k€224▼
Profit (loss) for the period9904€53k€-12k▼
Profit (loss) for the period to be appropriated9905€53k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€205k€139k▼
Profit (loss) brought forward from the previous period14P€152k€152k=
Transfer from equity791/2€27k€12k▼
From reserves792€27k€12k▼
Transfer to equity691/2€0-
Profit to be distributed694/7€80k€40k▼
Return on contributions (dividend)694€80k€40k▼
Social balance
Average headcount (FTE)90875.04.9▼
The notes to these accounts (39 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-12k ▼123%
Net result drops to €-12k, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €114k ▲323%
Operating result €158k, net result €114k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
06-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
17-10-2025
SCHYNS Gaspard: Resigned as Director
17-10-2025
SCHYNS Luc: Resigned as Director
17-10-2025
SCHYNS Pierre: Resigned as Director
06-10-2022
Fabrice GRANDJEAN: Resigned as Manager
30-09-2022
Fabrice GRANDJEAN: Resigned as Director
20-01-2016
Lambert GEORGES: Resigned as Managing director
Location & real-estate footprint
Registered office, Dison · 1 establishment unit since 2001
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.
Route de Henri-Chapelle 294821 DisonGround area
4,476 m²
Building footprint
21 m²
Volume, LiDAR
56 m³
Parcel 63002A0209/00F000, Wallonia · tallest building 4.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Route de Henri-Chapelle 29, 4821 Dison
since 20012.094.398.462
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63002A0209/00F000 | Wallonia | 4,476 m² | 1 · 21 m² | 4.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 siteDison2.094.398.462
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Of 123 companies in sector 10610 we hold annual accounts for 76. 53 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-04-2001
Fiscal year end31-12
Activities, NACEBEL
10610Manufacture of food products
10910Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.