MULKHOF
ActiveMULKHOF has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.22M and a net result of €86k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 9039 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-11
Solvency87▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days only on tighter terms
Liquidity tight (current ratio 1.49 against 2.01 in 2023; short-term debt: 34.2% and cash: 1.4% of total assets), and 38.2% 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
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 · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
61.8%
Return on assets
4.4%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-11-2025, 94 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
94 d late
2023
57 d late
2022
67 d late
2021
145 d late
2020
72 d late
2019
33 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.22M▲ 7.6%
2023 · €1.13M
2018: €296k
2019: €319k
2020: €389k
2021: €374k
2022: €940k
2023: €1.13M
2018 → 2024
Total assets
€1.97M▲ 31.2%
2023 · €1.50M
2018: €1.67M
2019: €1.01M
2020: €1.10M
2021: €1.43M
2022: €3.66M
2023: €1.50M
2018 → 2024
Net result
€86k▼ 55.1%
2023 · €191k
2018: €32k
2019: €24k
2020: €69k
2021: €-15k
2022: €566k
2023: €191k
2018 → 2024
Working capital
€332k▲ 16.1%
2023 · €286k
2018: €-157k
2019: €-74k
2020: €37k
2021: €-635k
2022: €99k
2023: €286k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€389k-€374k▼ 3.8%€940k▲ 151%€1.13M▲ 20.4%€1.22M▲ 7.6%
Operating result€68k-€-21k€52k€209k▲ 304%€92k▼ 56.2%
Net result€69k-€-15k€566k€191k▼ 66.2%€86k▼ 55.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 56% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.97M
Fixed assets
€965k▲ 3.4%
Current assets
€1.01M▲ 76.8%
Equity and liabilities €1.97M
Equity
€1.22M▲ 7.6%
Debt
€753k▲ 103%
The debt ratio rises from 24.7% to 38.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€281k▼
2023 · €364k
Cash flow
€276k▼
2023 · €347k
Solvency
61.8%▼
2023 · 75.3%
Current ratio
1.49▼
2023 · 2.01
Quick ratio
1.49▼
2023 · 2.01
Debt / equity
0.62▲
2023 · 0.33
ROE
7.1%▼
2023 · 16.9%
ROA
4.4%▼
2023 · 12.7%
Interest coverage
42.01▼
2023 · 316.23
Debt
€753k▲
2023 · €371k
Debt ≤ 1 year
€673k▲
2023 · €283k
Debt > 1 year
€80k▼
2023 · €88k
Income taxes
€16k▼
2023 · €42k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.50M€1.97M▲
Fixed assets21/28€933k€965k▲
Tangible fixed assets22/27€933k€965k▲
Land and buildings22€499k€635k▲
Plant, machinery and equipment23€338k€262k▼
Furniture and vehicles24€96k€68k▼
Current assets29/58€569k€1.01M▲
Amounts receivable after more than one year29€159k€159k=
Other amounts receivable291€159k€159k=
Amounts receivable within one year40/41€395k€811k▲
Trade receivables40€1k€14k▲
Other amounts receivable41€393k€797k▲
Cash at bank and in hand54/58€8k€27k▲
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.50M€1.97M▲
Equity10/15€1.13M€1.22M▲
Contributions10/11€27k€27k=
Reserves13€295k€381k▲
Distributable reserves133€295k€381k▲
Profit (loss) carried forward14€808k€808k=
Amounts payable17/49€371k€753k▲
Amounts payable after more than one year17€88k€80k▼
Financial debts170/4€88k€80k▼
Amounts payable within one year42/48€283k€673k▲
Current portion of amounts payable after more than one year42€8k€8k=
Trade debts44€90k€20k▼
Suppliers440/4€90k€20k▼
Taxes, remuneration and social security45€42k€42k=
Taxes450/3€42k€42k=
Other amounts payable47/48€142k€603k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€155k€190k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€366k€283k▼
Operating profit (loss)9901€209k€92k▼
Financial income75/76B€26k€17k▼
Recurring financial income75€26k€17k▼
Financial charges65/66B€1k€7k▲
Recurring financial charges65€1k€7k▲
Profit (loss) for the period before taxes9903€234k€102k▼
Income taxes67/77€42k€16k▼
Profit (loss) for the period9904€191k€86k▼
Profit (loss) for the period to be appropriated9905€191k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1,000k€894k▼
Profit (loss) brought forward from the previous period14P€808k€808k=
Transfer to equity691/2€191k€86k▼
To other reserves6921€191k€86k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 94 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
2023
31-12
Financial
Equity above €1MEq €1.13M ▲20.4%
2 profitable years in a row build equity to €1.13M.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 67 days late
2022
31-12
Financial
Back to profitnet €566k
Net result €566k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.04
Current ratio from 0.33 to 1.04.
31-12
Financial
Equity above €500kEq €940k ▲151%
Equity rises from €374k to €940k.
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 145 days late
2021
31-12
Financial
Weakest financial yearnet €-15k ▼122%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 72 days late
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 33 days late
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 54 days late
2018
15-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 46 days late
2017
01-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 62 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 89 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Hechtel-Eksel · 1 establishment unit since 1998
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.
Sint Bernardusstraat 253940 Hechtel-EkselGround area
1.0 ha
Building footprint
303 m²
Volume, LiDAR
1,896 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mulk 62, 3930 Hamont-Achel
since 19982.086.240.168
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72012A0659/00W000 | Flanders | 1.0 ha | 1 · 127 m² | 9.8 m · 2 fl. |
| 72006D0320/00G000 | Flanders | 176 m² | 1 · 176 m² | 8.2 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHamont-Achel2.086.240.168
Similar companies · same sector, comparable size
SINATURE
BE 0467.808.630
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WHITE GOBLIN INT.
BE 0874.667.806
Wingene · Eq €1.21M
N50
BE 0832.261.087
Hasselt · Eq €1.20M
SpecialTom
BE 1004.041.852
Hoogstraten · Eq €1.24M
PACBELIMEX
BE 0429.968.633
Roeselare · Eq €1.24M
Of 956 companies in sector 46319 we hold annual accounts for 609. 398 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded28-03-1997
Fiscal year end31-12
Activities, NACEBEL
01231
46319Wholesale of fruit and vegetables, excluding potatoes
01462Crop and animal production, hunting and related service activities
01461Pig breeding farms
47210Retail sale of fruit and vegetables
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.