Mouton Projects
ActiveSummary
Mouton Projects has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €470k and a net result of €128k. Equity is growing by ~38.2% per year across the filed fiscal years. Its solvency ranks better than 34% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+12
Solvency37▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.31 in 2024; short-term debt: 22.3% and cash: 1.6% of total assets), and 88.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
11.7%
Return on assets
3.2%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 31-03-2026, 122 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
122 d early
2024
28 d early
2023
31 d late
2022
28 d early
2021
34 d early
2020
176 d early
2019
34 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€470k▲ 37.4%
2024 · €342k
2019: €-18k
2020: €44k
2021: €81k
2022: €214k
2023: €306k
2024: €342k
2019 → 2025
Total assets
€4.01M▲ 54.4%
2024 · €2.59M
2019: €1.52M
2020: €1.38M
2021: €1.40M
2022: €1.87M
2023: €2.10M
2024: €2.59M
2019 → 2025
Net result
€128k▲ 258%
2024 · €36k
2019: €-38k
2020: €62k
2021: €37k
2022: €53k
2023: €92k
2024: €36k
2019 → 2025
Working capital
€-443k▼ 34.4%
2024 · €-329k
2019: €-154k
2020: €-311k
2021: €-318k
2022: €-227k
2023: €-233k
2024: €-329k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€214k▲ 164%€306k▲ 42.8%€342k▲ 11.7%€470k▲ 37.4%
Operating result€76k-€77k▲ 0.4%€139k▲ 81.8%€102k▼ 26.9%€231k▲ 127%
Net result€37k-€53k▲ 42.0%€92k▲ 72.4%€36k▼ 61.0%€128k▲ 258%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 127% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.01M
Fixed assets
€3.56M ▲ 45.2%
Current assets
€450k ▲ 211%
Equity and liabilities €4.01M
Equity
€470k ▲ 37.4%
Debt
€3.54M ▲ 57.0%
Debt's share of the balance-sheet total rises from 86.8% to 88.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€397k▲
2024 · €238k
Cash flow
€293k▲
2024 · €173k
Current ratio
0.50▲
2024 · 0.31
Quick ratio
0.13▼
2024 · 0.31
Debt to equity
7.53▲
2024 · 6.59
ROE
27.2%▲
2024 · 10.5%
ROA
3.2%▲
2024 · 1.4%
Interest coverage
5.34▲
2024 · 4.17
Debt ≤ 1 year
€893k▲
2024 · €474k
Debt > 1 year
€2.64M▲
2024 · €1.78M
Income taxes
€31k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.59M€4.01M▲
Fixed assets21/28€2.45M€3.56M▲
Tangible fixed assets22/27€2.45M€3.56M▲
Land and buildings22€2.43M€3.42M▲
Plant, machinery and equipment23€17k€135k▲
Furniture and vehicles24-€1k
Financial fixed assets28€100€100=
Current assets29/58€145k€450k▲
Stocks and contracts in progress3-€338k
Stocks30/36-€338k
Amounts receivable within one year40/41€118k€20k▼
Trade receivables40€78k€5k▼
Other amounts receivable41€40k€15k▼
Current investments50/53€25k€25k=
Cash at bank and in hand54/58€695€66k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€2.59M€4.01M▲
Equity10/15€342k€470k▲
Contributions10/11€100k€100k=
Reserves13€242k€370k▲
Distributable reserves133€242k€370k▲
Profit (loss) carried forward14€88€88=
Amounts payable17/49€2.25M€3.54M▲
Amounts payable after more than one year17€1.78M€2.64M▲
Financial debts170/4€1.78M€2.64M▲
Amounts payable within one year42/48€474k€893k▲
Current portion of amounts payable after more than one year42€124k€185k▲
Financial debts43-€300k
Credit institutions430/8-€300k
Trade debts44€53k€18k▼
Suppliers440/4€53k€18k▼
Taxes, remuneration and social security45€1k€15k▲
Taxes450/3€1k€15k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€296k€374k▲
Accrued charges and deferred income492/3€0€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€137k€166k▲
Other operating charges640/8€8k€13k▲
Gross operating margin9900€247k€410k▲
Operating profit (loss)9901€102k€231k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€57k€74k▲
Recurring financial charges65€57k€74k▲
Profit (loss) for the period before taxes9903€46k€159k▲
Income taxes67/77€11k€31k▲
Profit (loss) for the period9904€36k€128k▲
Profit (loss) for the period to be appropriated9905€36k€128k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€128k▲
Profit (loss) brought forward from the previous period14P€35€88▲
Transfer to equity691/2€36k€128k▲
To other reserves6921€36k€128k▲
The notes to these accounts (15 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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €128k ▲258%
Operating result €231k, net result €128k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €214k ▲164%
3 profitable years in a row build equity to €214k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Merelbeke-Melle · 1 establishment unit since 2018
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.
Gontrode Heirweg 3109090 Merelbeke-MelleGround area
3,195 m²
Building footprint
249 m²
Volume, LiDAR
1,110 m³
Parcel 44040C0357/00Z000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mouton Projects
since 20182.276.532.095
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44040C0357/00Z000 | Flanders | 3,195 m² | 1 · 249 m² | 8.1 m · 2 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.
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Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,425 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.