MULLER
ActiveMULLER has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.39M and a net result of €469k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 82% of 10206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
84
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+7
Solvency98▼-2
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €450k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 3.3 in 2024), and 29.2% 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 · 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
70.8%
Return on assets
6.2%
Age of the figures
8 mo
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
51 d early
2023
26 d early
2022
3 d early
2021
20 d early
2020
31 d late
2019
20 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.39M▲ 9.5%
2024 · €4.92M
2018: €2.38M
2019: €3.07M
2020: €3.14M
2021: €3.61M
2022: €4.02M
2023: €4.55M
2024: €4.92M
2018 → 2025
Total assets
€7.61M▲ 9.2%
2024 · €6.97M
2018: €4.58M
2019: €4.74M
2020: €4.78M
2021: €5.75M
2022: €6.15M
2023: €6.85M
2024: €6.97M
2018 → 2025
Net result
€469k▲ 28.2%
2024 · €366k
2018: €410k
2019: €681k
2020: €329k
2021: €464k
2022: €410k
2023: €533k
2024: €366k
2018 → 2025
Working capital
€1.14M▼ 47.8%
2024 · €2.18M
2018: €2.70M
2019: €3.34M
2020: €3.21M
2021: €3.44M
2022: €3.67M
2023: €1.86M
2024: €2.18M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.61M-€4.02M▲ 11.4%€4.55M▲ 13.3%€4.92M▲ 8.0%€5.39M▲ 9.5%
Operating result€733k-€641k▼ 12.5%€825k▲ 28.8%€587k▼ 28.9%€738k▲ 25.7%
Net result€464k-€410k▼ 11.7%€533k▲ 30.0%€366k▼ 31.4%€469k▲ 28.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.61M
Fixed assets
€5.20M▲ 35.4%
Current assets
€2.41M▼ 22.9%
Equity and liabilities €7.61M
Equity
€5.39M▲ 9.5%
Debt
€2.22M▲ 8.5%
The debt ratio falls from 29.4% to 29.2%: equity grows faster than debt.
Key figures and ratios
EBITDA
€863k▲
2024 · €706k
Cash flow
€595k▲
2024 · €486k
Solvency
70.8%▲
2024 · 70.6%
Current ratio
1.89▼
2024 · 3.30
Quick ratio
0.25▼
2024 · 0.79
Debt / equity
0.41▼
2024 · 0.42
ROE
8.7%▲
2024 · 7.4%
ROA
6.2%▲
2024 · 5.3%
Interest coverage
14.97▲
2024 · 12.82
Debt
€2.22M▲
2024 · €2.05M
Debt ≤ 1 year
€1.27M▲
2024 · €948k
Debt > 1 year
€932k▼
2024 · €1.09M
Income taxes
€218k▲
2024 · €168k
Staff costs
€20k▲
2024 · €15k
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€6.97M€7.61M▲
Fixed assets21/28€3.84M€5.20M▲
Tangible fixed assets22/27€3.84M€5.20M▲
Land and buildings22€1.62M€1.78M▲
Furniture and vehicles24€5k€0▼
Other tangible fixed assets26€2.21M€3.41M▲
Current assets29/58€3.13M€2.41M▼
Stocks and contracts in progress3€2.38M€2.10M▼
Stocks30/36€2.38M€2.10M▼
Amounts receivable within one year40/41€186k€215k▲
Trade receivables40€102k€36k▼
Other amounts receivable41€84k€179k▲
Cash at bank and in hand54/58€564k€42k▼
Deferred charges and accrued income490/1€169€58k▲
Equity and liabilities
Total equity and liabilities10/49€6.97M€7.61M▲
Equity10/15€4.92M€5.39M▲
Contributions10/11€19k€19k=
Reserves13€4.38M€4.85M▲
Distributable reserves133€4.38M€4.85M▲
Profit (loss) carried forward14€518k€518k=
Amounts payable17/49€2.05M€2.22M▲
Amounts payable after more than one year17€1.09M€932k▼
Financial debts170/4€1.08M€925k▼
Other amounts payable178/9€8k€8k=
Amounts payable within one year42/48€948k€1.27M▲
Current portion of amounts payable after more than one year42€150k€153k▲
Financial debts43-€250k
Credit institutions430/8-€250k
Trade debts44€68k€192k▲
Suppliers440/4€68k€192k▲
Taxes, remuneration and social security45€174k€260k▲
Taxes450/3€172k€256k▲
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€556k€419k▼
Accrued charges and deferred income492/3€14k€15k▲
Income statement
Code20242025
Remuneration, social security and pensions62€15k€20k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120k€126k▲
Other operating charges640/8€12k€19k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€734k€902k▲
Operating profit (loss)9901€587k€738k▲
Financial income75/76B€2k€7k▲
Recurring financial income75€2k€7k▲
Financial charges65/66B€55k€58k▲
Recurring financial charges65€55k€58k▲
Profit (loss) for the period before taxes9903€534k€687k▲
Income taxes67/77€168k€218k▲
Profit (loss) for the period9904€366k€469k▲
Profit (loss) for the period to be appropriated9905€366k€469k▲
Appropriation of the result
Profit (loss) to be appropriated9906€884k€987k▲
Profit (loss) brought forward from the previous period14P€518k€518k=
Transfer to equity691/2€366k€469k▲
To other reserves6921€366k€469k▲
Social balance
Average headcount (FTE)90870.50.6▲
The notes to these accounts (17 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
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €5MEq €5.39M ▲9.5%
8 profitable years in a row build equity to €5.39M.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €329k ▼51.6%
Net result drops to €329k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
31-12
Financial
Highest result since 2018net €681k ▲65.9%
Operating result €1.10M, net result €681k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 8.52
Current ratio from 4.02 to 8.52; short-term debt falls from €893k to €444k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
MULLER Jan
CurrentDirector · since 09-11-2023
09-11-2023
Appointed as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2020
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.
Burgstraat 249000 GentGround area
463 m²
Building footprint
354 m²
Volume, LiDAR
4,589 m³
Parcel 44815F3136/00K000, Flanders · tallest building 20.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Muller Jan Antiques
since 20202.300.998.069
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F3136/00K000 ProtectedMonument · Townscape or village viewHoekcomplex in classicerende barok: herenhuis en aanpalende vleugelsSource ↗ |
Flanders | 463 m² | 1 · 354 m² | 20.0 m · 5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
BRUNO BRASSELLE
BE 0430.593.391
Elsene · Eq €5.16M
RONNY VAN DE VELDE
BE 0423.716.091
Antwerpen · Eq €5.71M
AARM
BE 0568.546.989
Brugge · Eq €5.83M
PAPHIBRI
BE 0423.518.628
Antwerpen · Eq €6.69M
ARTHUS
BE 0460.076.938
Elsene · Eq €4.31M
Of 1,431 companies in sector 47791 we hold annual accounts for 453. 87 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-1999
Fiscal year end31-12
Activities, NACEBEL
47791Retail sale of antiques
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.