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MULDECO

Active
Private limited companyfounded 2016active for 10 yearsIndustrieweg-Noord 1110, 3660 Oudsbergen, BelgiumKBO/BCE: BE 0645.521.043
Summary

MULDECO has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,139 and a net result of €1,452. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisFollow ReportCompare
MULDECOActiveChecked score 65/100
Risk analysis ReportCompare

Overview

Activity
Painting of buildings
NACE 43341
1 site
Size
€526,058total assets 2025
Staff
1.9 FTE
Equity
€20,139
Profit
€1,452
Turnover not published (micro format)
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Holdings
1
2025 accounts filed 19 days late2 of 6 deeds summarised
Why 65raises risk1 change of registered office in 24 monthsEquity €20,139 (3.8% of total assets)lowers riskSize: total assets €526,058Figures for financial year 2025 (filed 19-08-2026)Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 25% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 29-5
equity 3.8% of total assets
Liquidity 31-13
short-term debt 44.3% · cash 2.2%
Profitability 38-27
return on assets 0.3%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024lowest value 02-2025: 0.9%● unchanged vs 01-2025lowest value 03-2025: 0.9%● unchanged vs 02-2025lowest value 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 2.4%▲ +1.4 percentage points vs 07-2025highest value 09-2025: 0.9%▼ -1.5 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.2%▲ +0.2 percentage points vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.1%▼ -0.1 percentage points vs 06-2026 08-2026: 1.8%▲ +0.7 percentage points vs 07-2026 09-2026: 0.9%▼ -0.9 percentage points vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.68, compared with 1.39 in 2024, below 1; short-term debt: 44.3% and cash: 2.2% of total assets), and 96.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 10% on solvency, 20% on liquidity, 19% on profitability and 51% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
lowers risk · Size: total assets €526,058
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 19-08-2026)
NBB · annual accounts
raises risk · Equity €20,139 (3.8% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 34718 sector peers (2025).
NBB · sector comparison
Position among 34718 sector peers
Solvency
better than 10%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €20,139
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
19 days late
2024
30 days late
2023
5 days early
2022
30 days late
2021
32 days early
2020
31 days late
2019
92 days 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 24 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Resignation: Smeets Ronny (director)Director discharge · Registered-office move

Key points

  • Caution: Among the weakest 11% on solvencysector median 46.8% · 34,718 companies 3.8% View
  • Positive: 5 profitable years in a rowprofit 2025: €1,452 5 years View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€526,058
Profit
€1,452
Solvency
3.8%
Total assets▲ 167%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2018
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 26-07-2024Annual accounts filed
  3. 05-06-2024Resignations: SMEETS Ronny (manager) and MULLER Stefan…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Painting of buildingsNACE 43341
Founded
04-01-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
9
Annual meeting
10 June at 17:00
Purpose
“Het kalken van gebouwen en het bestrijken met kalk,het behangen en stofferen,het plaatsen…” (deed in Dutch)
Go to Articles of association

Key facts about MULDECO

What is the company number of MULDECO?
0645.521.043. In Belgium the VAT number is the company number with BE in front: BE 0645.521.043.
Where is MULDECO based?
The registered office is at Industrieweg-Noord 1110, 3660 Oudsbergen.Company details
What does MULDECO do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of MULDECO?
Private limited company (BV).
When was MULDECO founded?
On 04-01-2016.
Is MULDECO still active?
Yes, MULDECO is an active enterprise in the KBO register.
How many employees does MULDECO have?
On average 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MULDECO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is MULDECO profitable?
In financial year 2025, MULDECO made a profit of €1,452.
Where can I find the annual accounts of MULDECO?
MULDECO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MULDECO due?
By 31-07-2027, for financial year 2026.Timeline

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Subsidiaries and holdings

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

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