MULLENS CONSULT
ActiveMULLENS CONSULT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €769k and a net result of €-32k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 13977 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 4.44 against 2.47 in 2024; short-term debt: 12% and cash: 51.4% of total assets), and 12.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · 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
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
87.9%
Return on assets
-3.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-32k
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
65 d early
2023
48 d early
2022
41 d early
2021
5 d early
2020
9 d early
2019
45 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€769k▼ 4.0%
2024 · €801k
2018: €1.12M
2019: €1.18M
2020: €1.10M
2021: €1.26M
2022: €1.21M
2023: €1.16M
2024: €801k
2018 → 2025
Total assets
€875k▼ 17.8%
2024 · €1.06M
2018: €2.90M
2019: €2.98M
2020: €2.90M
2021: €1.29M
2022: €1.25M
2023: €1.16M
2024: €1.06M
2018 → 2025
Net result
€-32k▲ 14.9%
2024 · €-38k
2018: €124k
2019: €67k
2020: €-84k
2021: €155k
2022: €-48k
2023: €-43k
2024: €-38k
2018 → 2025
Working capital
€362k▼ 6.0%
2024 · €385k
2018: €772k
2019: €820k
2020: €722k
2021: €891k
2022: €820k
2023: €773k
2024: €385k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.26M-€1.21M▼ 3.8%€1.16M▼ 3.6%€801k▼ 31.2%€769k▼ 4.0%
Operating result€213k-€-48k€-43k▲ 9.2%€-41k▲ 4.9%€-39k▲ 5.4%
Net result€155k-€-48k€-43k▲ 10.4%€-38k▲ 12.5%€-32k▲ 14.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €39k in 2025 against €41k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €875k
Fixed assets
€407k▼ 2.1%
Current assets
€468k▼ 27.8%
Equity and liabilities €875k
Equity
€769k▼ 4.0%
Debt
€105k▼ 59.8%
The debt ratio falls from 24.7% to 12.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-17k▲
2024 · €-20k
Cash flow
€-10k▲
2024 · €-16k
Solvency
87.9%▲
2024 · 75.3%
Current ratio
4.44▲
2024 · 2.47
Quick ratio
4.44▲
2024 · 2.47
Debt / equity
0.14▼
2024 · 0.33
ROE
-4.2%▲
2024 · -4.7%
ROA
-3.7%▼
2024 · -3.5%
Interest coverage
-54.83▲
2024 · -92.85
Debt
€105k▼
2024 · €262k
Debt ≤ 1 year
€105k▼
2024 · €262k
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€1.06M€875k▼
Fixed assets21/28€416k€407k▼
Tangible fixed assets22/27€415k€406k▼
Land and buildings22€415k€406k▼
Financial fixed assets28€1k€1k=
Current assets29/58€647k€468k▼
Amounts receivable within one year40/41€50k€15k▼
Trade receivables40-€5k
Other amounts receivable41€50k€10k▼
Current investments50/53€250k-
Cash at bank and in hand54/58€346k€450k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€875k▼
Equity10/15€801k€769k▼
Contributions10/11€220k€220k=
Reserves13€581k€549k▼
Distributable reserves133€581k€549k▼
Amounts payable17/49€262k€105k▼
Amounts payable within one year42/48€262k€105k▼
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Other amounts payable47/48€261k€100k▼
Accrued charges and deferred income492/3€225€89▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€22k▲
Other operating charges640/8€3k€3k=
Gross operating margin9900€-17k€-14k▲
Operating profit (loss)9901€-41k€-39k▲
Financial income75/76B€4k€8k▲
Recurring financial income75€4k€8k▲
Financial charges65/66B€213€616▲
Recurring financial charges65€213€301▲
Non-recurring financial charges66B-€315
Profit (loss) for the period before taxes9903€-38k€-32k▲
Profit (loss) for the period9904€-38k€-32k▲
Profit (loss) for the period to be appropriated9905€-38k€-32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-32k▲
Transfer from equity791/2€38k€32k▼
The notes to these accounts (6 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 221current ratio 4961.70
Current ratio from 22.49 to 4961.70; short-term debt falls from €38k to €156.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €155k
Net result €155k after one loss-making year.
31-12
Financial
Liquidity times 17current ratio 23.58
Current ratio from 1.40 to 23.58; short-term debt falls from €1.80M to €39k.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-84k ▼226%
Net result drops to €-84k, the lowest in the series; recovery starts the following year.
16-12
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
18-06
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB 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, Lummen · 1 establishment unit since 1995
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.
Linkhoutstraat 3343560 LummenGround area
900 m²
Building footprint
162 m²
Volume, LiDAR
980 m³
Parcel 71035A0070/00X000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MULLENS & SCHNEIDER CONSULTANT
since 19952.069.991.480
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71035A0070/00X000 | Flanders | 900 m² | 1 · 162 m² | 9.8 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.
Similar companies · same sector, comparable size
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IMMO DOUVE
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VALENTINVEST
BE 0773.573.020
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BELI INVEST
BE 0822.556.139
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ALTES
BE 0440.423.451
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Of 7,322 companies in sector 68110 we hold annual accounts for 5,381. 3,422 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-1994
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.