MULLIE
ActiveMULLIE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €3k. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
73
/ 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
Profitability60▼-11
Solvency56▲+6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.29 in 2024; short-term debt: 69% and cash: 30.3% of total assets), and 69% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
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
31%
Return on assets
0.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
60 d early
2023
63 d early
2022
1 d early
2021
41 d early
2020
46 d early
2019
42 d early
← 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 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€126k▲ 2.3%
2024 · €123k
2019: €174k
2020: €177k
2021: €136k
2022: €132k
2023: €115k
2024: €123k
2019 → 2025
Total assets
€406k▼ 17.8%
2024 · €493k
2019: €417k
2020: €503k
2021: €407k
2022: €428k
2023: €305k
2024: €493k
2019 → 2025
Net result
€3k▼ 65.8%
2024 · €8k
2019: €24k
2020: €3k
2021: €-42k
2022: €-4k
2023: €-17k
2024: €8k
2019 → 2025
Working capital
€106k▼ 0.8%
2024 · €106k
2019: €162k
2020: €171k
2021: €121k
2022: €109k
2023: €95k
2024: €106k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€136k-€132k▼ 2.7%€115k▼ 13.2%€123k▲ 7.1%€126k▲ 2.3%
Operating result€-41k-€-4k▲ 91.1%€-17k▼ 380%€10k€4k▼ 58.6%
Net result€-42k-€-4k▲ 91.2%€-17k▼ 375%€8k€3k▼ 65.8%
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 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €406k
Fixed assets
€20k▲ 21.8%
Current assets
€385k▼ 19.2%
Equity and liabilities €406k
Equity
€126k▲ 2.3%
Debt
€280k▼ 24.4%
The debt ratio falls from 75.1% to 69.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8k▼
2024 · €13k
Cash flow
€7k▼
2024 · €11k
Solvency
31.0%▲
2024 · 24.9%
Current ratio
1.38▲
2024 · 1.29
Quick ratio
0.86▼
2024 · 1.03
Debt / equity
2.23▼
2024 · 3.01
ROE
2.2%▼
2024 · 6.7%
ROA
0.7%▼
2024 · 1.7%
Interest coverage
4.82▼
2024 · 10.04
Debt
€280k▼
2024 · €370k
Debt ≤ 1 year
€280k▼
2024 · €370k
Income taxes
€280▼
2024 · €820
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€493k€406k▼
Fixed assets21/28€17k€20k▲
Tangible fixed assets22/27€16k€20k▲
Land and buildings22€14k€11k▼
Plant, machinery and equipment23€3k€9k▲
Financial fixed assets28€273€273=
Current assets29/58€477k€385k▼
Stocks and contracts in progress3€94k€144k▲
Stocks30/36€94k€144k▲
Amounts receivable within one year40/41€257k€114k▼
Trade receivables40€257k€114k▼
Other amounts receivable41€0-
Current investments50/53€116k€0▼
Cash at bank and in hand54/58€6k€123k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€493k€406k▼
Equity10/15€123k€126k▲
Contributions10/11€19k€19k=
Reserves13€104k€107k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€104k€107k▲
Amounts payable17/49€370k€280k▼
Amounts payable within one year42/48€370k€280k▼
Trade debts44€342k€252k▼
Suppliers440/4€342k€252k▼
Taxes, remuneration and social security45€6k€9k▲
Taxes450/3€6k€9k▲
Other amounts payable47/48€23k€18k▼
Accrued charges and deferred income492/3€192€200▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€17k€13k▼
Operating profit (loss)9901€10k€4k▼
Financial income75/76B€476€686▲
Recurring financial income75€476€686▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€9k€3k▼
Income taxes67/77€820€280▼
Profit (loss) for the period9904€8k€3k▼
Profit (loss) for the period to be appropriated9905€8k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€3k▼
Transfer from equity791/2€0-
Transfer to equity691/2€8k€3k▼
To other reserves6921€8k€3k▼
The notes to these accounts (7 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
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-42k ▼1457%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
08-12
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, Roeselare · 1 establishment unit since 1987
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.
Ter Biest 148800 RoeselareGround area
6,337 m²
Building footprint
245 m²
Volume, LiDAR
1,352 m³
Parcel 36504D0476/00R000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mullie
since 19872.033.955.089
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36504D0476/00R000 | Flanders | 6,337 m² | 1 · 244 m² | 8.2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 23,638 EUR awarded · 23,638 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 23,638 EUR | 23,638 EUR |
Schemes
Vergoeding voor vrijwillige stopzetting van varkensstallen
Recognitions · licences · registrations
Food safety, FASFC
1 siteRoeselare2.033.955.089
Similar companies · same sector, comparable size
OVERIS
BE 0877.090.925
Peer · Eq €126k
SCHEERLINCK - COBBAERT
BE 0429.538.665
Jabbeke · Eq €126k
GEBROEDERS DEJAEGERE
BE 0424.103.202
Kortemark · Eq €130k
HERPAL
BE 0449.851.851
Beveren-Kruibeke-Zwijndrecht · Eq €119k
DOLPHENS
BE 0872.637.041
Mont-Saint-Guibert · Eq €117k
Of 902 companies in sector 01461 we hold annual accounts for 295. 229 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-1987
Fiscal year end30-06
Activities, NACEBEL
01231
01461Pig breeding farms
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.