Mullhouse Management
ActiveMullhouse Management has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268k and a net result of €18k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 91% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+66
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 23.21 against 11.2 in 2024; short-term debt: 3.7% and cash: 1.9% of total assets), and 7.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
92.8%
Return on assets
6.1%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-02-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
7 d late
2024
8 d late
2023
on the day
2022
1 d late
2021
3 d early
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€268k▲ 7.1%
2024 · €250k
2019: €277k
2020: €246k
2021: €323k
2022: €323k
2023: €270k
2024: €250k
2019 → 2025
Total assets
€288k▲ 0.8%
2024 · €286k
2019: €392k
2020: €397k
2021: €389k
2022: €366k
2023: €342k
2024: €286k
2019 → 2025
Net result
€18k
2024 · €-21k
2019: €71k
2020: €29k
2021: €71k
2022: €-496
2023: €-52k
2024: €-21k
2019 → 2025
Working capital
€236k▲ 5.6%
2024 · €224k
2019: €248k
2020: €207k
2021: €283k
2022: €286k
2023: €271k
2024: €224k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€323k-€323k▼ 0.2%€270k▼ 16.2%€250k▼ 7.6%€268k▲ 7.1%
Operating result€71k-€-11k€-58k▼ 444%€-27k▲ 53.3%€10k
Net result€71k-€-496€-52k▼ 10,429%€-21k▲ 60.7%€18k
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 returns to profit in 2025: €10k after a loss of €27k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €288k
Fixed assets
€42k▲ 2.3%
Current assets
€247k▲ 0.5%
Equity and liabilities €288k
Equity
€268k▲ 7.1%
Debt
€21k▼ 42.8%
The debt ratio falls from 12.6% to 7.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▲
2024 · €-23k
Cash flow
€18k▲
2024 · €-16k
Solvency
92.8%▲
2024 · 87.4%
Current ratio
23.21▲
2024 · 11.20
Quick ratio
23.21▲
2024 · 11.20
Debt / equity
0.08▼
2024 · 0.14
ROE
6.6%▲
2024 · -8.2%
ROA
6.1%▲
2024 · -7.2%
Interest coverage
25.30▲
2024 · -25.55
Debt
€21k▼
2024 · €36k
Debt ≤ 1 year
€11k▼
2024 · €22k
Debt > 1 year
€10k▼
2024 · €14k
Income taxes
€20▼
2024 · €285
Staff costs
€6k▼
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€286k€288k▲
Fixed assets21/28€41k€42k▲
Tangible fixed assets22/27€33k€34k▲
Land and buildings22€33k€32k▼
Furniture and vehicles24-€2k
Financial fixed assets28€8k€8k=
Current assets29/58€246k€247k▲
Amounts receivable after more than one year29€100k€100k=
Trade receivables290€100k€100k=
Amounts receivable within one year40/41€120k€118k▼
Trade receivables40€22k€20k▼
Other amounts receivable41€98k€98k=
Cash at bank and in hand54/58€5k€6k▲
Deferred charges and accrued income490/1€20k€23k▲
Equity and liabilities
Total equity and liabilities10/49€286k€288k▲
Equity10/15€250k€268k▲
Contributions10/11€19k€19k=
Reserves13€2k€249k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€247k
Profit (loss) carried forward14€230k-
Amounts payable17/49€36k€21k▼
Amounts payable after more than one year17€14k€10k▼
Financial debts170/4€14k€10k▼
Amounts payable within one year42/48€22k€11k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Financial debts43€532€3k▲
Credit institutions430/8€532€3k▲
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€5k€20▼
Taxes450/3€285€20▼
Remuneration and social security454/9€5k-
Income statement
Code20242025
Non-recurring operating income76A€8k-
Remuneration, social security and pensions62€42k€6k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€777▼
Other operating charges640/8€3k€911▼
Non-recurring operating charges66A€206-
Gross operating margin9900€22k€17k▼
Operating profit (loss)9901€-27k€10k▲
Financial income75/76B€8k€9k▲
Recurring financial income75€8k€9k▲
Financial charges65/66B€894€412▼
Recurring financial charges65€894€412▼
Profit (loss) for the period before taxes9903€-20k€18k▲
Income taxes67/77€285€20▼
Profit (loss) for the period9904€-21k€18k▲
Profit (loss) for the period to be appropriated9905€-21k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€230k€247k▲
Profit (loss) brought forward from the previous period14P€250k€230k▼
Transfer to equity691/2-€247k
To other reserves6921-€247k
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
Next filing, fiscal year 2026, expected by
2026
07-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
30-06
Financial
Back to profitnet €18k
Net result €18k after 3 loss-making years.
30-06
Financial
Liquidity doublescurrent ratio 23.21
Current ratio from 11.20 to 23.21; short-term debt falls from €22k to €11k.
08-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity quadruplescurrent ratio 11.19
Current ratio from 3.02 to 11.19; short-term debt falls from €102k to €28k.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 35 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Antwerpen · 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.
Mechelsesteenweg 902018 AntwerpenGround area
373 m²
Building footprint
132 m²
Volume, LiDAR
2,192 m³
Parcel 11810K1518/00B003, Flanders · tallest building 21.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Mechelsesteenweg 90, 2018 Antwerpen
since 20152.245.629.083
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1518/00B003 | Flanders | 373 m² | 1 · 132 m² | 21.1 m · 6 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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 38,668 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-08-2015
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.