Muller Van Severen
ActiveMuller Van Severen has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €384k and a net result of €71k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-26
Solvency80▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 2.26 against 1.91 in 2024; short-term debt: 25.8% and cash: 3.6% of total assets), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
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 2025Solvency, return and age of the figures
Solvency
55.3%
Return on assets
10.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
41 d early
2024
35 d early
2023
48 d early
2022
45 d early
2021
44 d early
2020
31 d early
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€384k▲ 4.6%
2024 · €367k
2018: €170k
2019: €178k
2020: €177k
2021: €122k
2022: €255k
2023: €272k
2024: €367k
2018 → 2025
Total assets
€695k▼ 7.8%
2024 · €755k
2018: €398k
2019: €345k
2020: €357k
2021: €488k
2022: €559k
2023: €587k
2024: €755k
2018 → 2025
Net result
€71k▼ 32.0%
2024 · €105k
2018: €28k
2019: €9k
2020: €-861
2021: €69k
2022: €141k
2023: €67k
2024: €105k
2018 → 2025
Working capital
€226k▲ 3.7%
2024 · €218k
2018: €43k
2019: €32k
2020: €51k
2021: €13k
2022: €143k
2023: €137k
2024: €218k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€122k-€255k▲ 110%€272k▲ 6.5%€367k▲ 35.3%€384k▲ 4.6%
Operating result€94k-€226k▲ 140%€129k▼ 43.0%€192k▲ 49.2%€159k▼ 17.2%
Net result€69k-€141k▲ 104%€67k▼ 52.9%€105k▲ 57.1%€71k▼ 32.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €695k
Fixed assets
€290k▼ 2.4%
Current assets
€405k▼ 11.4%
Equity and liabilities €695k
Equity
€384k▲ 4.6%
Debt
€311k▼ 19.6%
The debt ratio falls from 51.3% to 44.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€193k▼
2024 · €229k
Cash flow
€104k▼
2024 · €141k
Solvency
55.3%▲
2024 · 48.7%
Current ratio
2.26▲
2024 · 1.91
Quick ratio
2.26▲
2024 · 1.91
Debt / equity
0.81▼
2024 · 1.05
ROE
18.5%▼
2024 · 28.4%
ROA
10.2%▼
2024 · 13.9%
Interest coverage
3.20▼
2024 · 5.80
Debt
€311k▼
2024 · €387k
Debt ≤ 1 year
€179k▼
2024 · €239k
Debt > 1 year
€130k▼
2024 · €145k
Income taxes
€32k▼
2024 · €49k
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€755k€695k▼
Fixed assets21/28€297k€290k▼
Intangible fixed assets21-€11k
Tangible fixed assets22/27€297k€275k▼
Land and buildings22€281k€260k▼
Plant, machinery and equipment23€12k€11k▼
Furniture and vehicles24€5k€2k▼
Other tangible fixed assets26-€3k
Financial fixed assets28-€4k
Current assets29/58€457k€405k▼
Amounts receivable within one year40/41€22k€54k▲
Trade receivables40€10k€33k▲
Other amounts receivable41€12k€22k▲
Current investments50/53€416k€326k▼
Cash at bank and in hand54/58€19k€25k▲
Equity and liabilities
Total equity and liabilities10/49€755k€695k▼
Equity10/15€367k€384k▲
Contributions10/11€20k€20k=
Reserves13€359k€375k▲
Distributable reserves133€359k€375k▲
Profit (loss) carried forward14€-11k€-11k=
Amounts payable17/49€387k€311k▼
Amounts payable after more than one year17€145k€130k▼
Financial debts170/4€145k€130k▼
Amounts payable within one year42/48€239k€179k▼
Current portion of amounts payable after more than one year42€17k€16k▼
Financial debts43€454€1k▲
Credit institutions430/8€454€1k▲
Trade debts44€80k€53k▼
Suppliers440/4€80k€53k▼
Taxes, remuneration and social security45€13k€16k▲
Taxes450/3€13k€16k▲
Other amounts payable47/48€128k€93k▼
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€33k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-10k-
Other operating charges640/8€14k€4k▼
Gross operating margin9900€232k€196k▼
Operating profit (loss)9901€192k€159k▼
Financial income75/76B€171€4k▲
Recurring financial income75€171€4k▲
Financial charges65/66B€39k€60k▲
Recurring financial charges65€39k€60k▲
Profit (loss) for the period before taxes9903€153k€103k▼
Income taxes67/77€49k€32k▼
Profit (loss) for the period9904€105k€71k▼
Profit (loss) for the period to be appropriated9905€105k€71k▼
Appropriation of the result
Profit (loss) to be appropriated9906€93k€60k▼
Profit (loss) brought forward from the previous period14P€-11k€-11k=
Transfer from equity791/2€9k€54k▲
Transfer to equity691/2€105k€71k▼
To other reserves6921€105k€71k▼
Profit to be distributed694/7€9k€54k▲
Return on contributions (dividend)694€9k€54k▲
The notes to these accounts (18 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
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €141k ▲104%
Operating result €226k, net result €141k, both a record.
30-09
Financial
Equity above €200kEq €255k ▲110%
2 profitable years in a row build equity to €255k.
17-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €69k
Net result €69k after one loss-making year.
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-861 ▼110%
Net result drops to €-861, the lowest in the series; recovery starts the following year.
14-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-04
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
2 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, Evergem · 1 establishment unit since 2015
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.
Elslo 1879940 EvergemGround area
1,988 m²
Building footprint
154 m²
Volume, LiDAR
1,165 m³
Parcel 44019C0993/00M000, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Muller Van Severen
since 20152.246.515.446
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019C0993/00M000 | Flanders | 1,988 m² | 1 · 154 m² | 11.6 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
2549005KAX4TMXM0YG69
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MAJO
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KORIM
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Of 446 companies in sector 31001 we hold annual accounts for 208. 145 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2015
Fiscal year end30-09
Activities, NACEBEL
31001Manufacture of furniture
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.