MULALU
ActiveMULALU has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-51k) and a net result of €436. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
0
/ 100
Critical▼ -23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency33▼-67
Growth51=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 18024 sector peers (2025).
NBB · sector comparisonPosition among 18024 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-08-2026, 15 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
15 d late
2024
19 d early
2023
26 d late
2022
23 d late
2021
26 d late
2020
27 d late
2019
28 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€165k▲ 16.3%
2018 · €142k
2018: €142k
2018 → 2019
EBIT margin
4.6%▼ 2.3pp
2018 · 6.9%
2018: 6.9%
2018 → 2019
Net result
€436▼ 77.0%
2024 · €2k
2018: €9k
2019: €7k
2020: €10k
2021: €-4k
2022: €-24k
2023: €-32k
2024: €2k
2018 → 2025
Working capital
€-51k▼ 143%
2022 · €-21k
2018: €-5k
2019: €14k
2020: €19k
2021: €5k
2022: €-21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€-22k€-54k▼ 144%€-52k▲ 3.5%€-51k▲ 0.8%
Operating result€-3k-€-22k▼ 584%€-31k▼ 38.0%€4k€1k▼ 69.6%
Net result€-4k-€-24k▼ 523%€-32k▼ 32.9%€2k€436▼ 77.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 70% below 2024.
Key figures and ratios
Debt
€51k▼
2024 · €52k
Debt ≤ 1 year
€51k▲
2024 · €49k
Ratios withheld: a balance sheet total of €150 is too small for a meaningful ratio.
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-€150
Current assets29/58-€150
Amounts receivable within one year40/41-€150
Other amounts receivable41-€150
Equity and liabilities
Total equity and liabilities10/49€0€150▲
Equity10/15€-52k€-51k▲
Contributions10/11€9k€9k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-63k€-62k▲
Amounts payable17/49€52k€51k▼
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€49k€51k▲
Current portion of amounts payable after more than one year42€7k€3k▼
Financial debts43€4k€10k▲
Credit institutions430/8€4k€10k▲
Trade debts44€216-
Suppliers440/4€216-
Taxes, remuneration and social security45€691-
Taxes450/3€691-
Other amounts payable47/48€38k€39k▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€769€663▼
Non-recurring operating charges66A€12k-
Gross operating margin9900€15k€1k▼
Operating profit (loss)9901€4k€1k▼
Financial charges65/66B€2k€694▼
Recurring financial charges65€2k€694▼
Profit (loss) for the period before taxes9903€2k€436▼
Profit (loss) for the period9904€2k€436▼
Profit (loss) for the period to be appropriated9905€2k€436▼
Appropriation of the result
Profit (loss) to be appropriated9906€-63k€-62k▲
Profit (loss) brought forward from the previous period14P€-65k€-63k▲
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
15-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 15 days late
2025
12-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €10k ▲45%
Operating result €11k, net result €10k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Nivelles · 1 establishment unit since 2009
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 Coquerne 71400 NivellesGround area
474 m²
Building footprint
93 m²
Volume, LiDAR
1,025 m³
2 parcels, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
La Compagnie des Mots
since 20092.180.590.682
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782D0919/00C000 | Wallonia | 390 m² | 1 · 42 m² | 10.8 m · 3 fl. |
| 25782D0619/00W000 | Wallonia | 84 m² | 1 · 51 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Lincent · Eq €2k
VOF BOEKLIEN
BE 0899.818.124
Kortrijk · Eq €2k
La Maison du Jardinage
BE 0683.555.535
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Asterias
BE 0790.248.706
Scherpenheuvel-Zichem · Eq €2k
Of 599 companies in sector 47610 we hold annual accounts for 240. 43 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-09-2009
Fiscal year end31-12
Activities, NACEBEL
47610Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
47630Retail trade
47640Retail sale of games and toys
47650Retail trade
47690Retail sale of other cultural and recreation goods
77220Rental and leasing activities
77229Renting and leasing of other personal and household goods
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.