MURAT (0437.525.329): financials and annual accounts

MURAT

Ghent ·KBO/BCE: BE 0437.525.329

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2013	2012	2010	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	32,621	34,873	33,432	38,085	38,171	29,102	32,729	37,655	29,032	31,449	30,687	34,925	35,115	56,381	59,116	130,411
Fixed assets`21/28`	-	2,205	2,205	2,205	2,205	2,205	2,205	2,205	2,205	2,205	1,486	2,034	2,633	3,563	4,027	5,533
Tangible fixed assets`22/27`	-	-	-	-	-	-	-	-	-	-	1,486	2,034	2,633	3,563	4,027	5,533
Land and buildings`22`	-	-	-	-	-	-	-	-	-	-	1,239	1,704	2,633	3,563	4,027	4,492
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	-	-	-	247	330	0	0	0	1,040
Financial fixed assets`28`	-	2,205	2,205	2,205	2,205	2,205	2,205	2,205	2,205	2,205	-	-	-	-	-	-
Current assets`29/58`	32,621	32,669	31,228	35,880	35,967	26,897	30,524	35,451	26,827	29,244	29,201	32,891	32,482	52,818	55,089	124,879
Stocks and contracts in progress`3`	32,021	32,231	31,067	34,634	34,634	25,495	30,500	30,500	25,500	28,500	26,450	28,755	28,715	49,572	51,373	47,968
Stocks`30/36`	32,021	32,231	31,067	34,634	34,634	25,495	30,500	30,500	25,500	28,500	26,450	28,755	28,715	49,572	51,373	47,968
Amounts receivable within one year`40/41`	-	-	-	-	688	1,052	-	-	-	-	2,205	2,205	2,528	2,309	2,080	76,911
Trade receivables`40`	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0
Other amounts receivable`41`	-	-	-	-	688	1,052	-	-	-	-	2,205	2,205	2,528	2,309	2,080	76,911
Cash at bank and in hand`54/58`	599	438	161	1,246	645	351	24	4,951	1,327	744	546	1,932	1,239	936	1,636	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	32,621	34,873	33,432	38,085	38,171	29,102	32,729	37,655	29,032	31,449	30,687	34,925	35,115	56,381	59,116	130,411
Equity`10/15`	-112,682	-116,867	-117,190	-118,274	-128,995	-135,177	-132,400	-135,418	-136,416	-142,735	-144,157	-140,924	-129,624	-129,854	-140,081	-139,951
Contributions`10/11`	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479
Issued capital`100`	-	-	-	-	-	-	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479
Profit (loss) carried forward`14`	-115,160	-119,346	-119,668	-120,753	-131,474	-137,656	-134,878	-137,897	-138,895	-145,214	-146,636	-143,402	-132,103	-132,333	-142,560	-142,430
Amounts payable`17/49`	145,302	151,741	150,622	156,359	167,166	164,279	165,128	173,073	165,448	174,184	174,844	175,848	164,739	186,235	199,198	270,363
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	140,222
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	140,222
Amounts payable within one year`42/48`	145,302	151,741	150,622	156,359	167,166	164,279	165,128	173,073	165,448	174,184	174,844	175,848	164,739	186,235	199,198	130,141
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	22,768
Financial debts`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,923
Credit institutions`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,923
Trade debts`44`	1,805	3,586	8,580	10,921	7,252	6,047	7,109	6,998	3,877	403	17,001	20,167	8,668	0	255	0
Suppliers`440/4`	1,805	3,586	8,580	10,921	7,252	6,047	7,109	6,998	3,877	403	17,001	20,167	8,668	0	255	0
Taxes, remuneration and social security`45`	3,158	2,786	2,092	1,341	-	-	1,697	810	-	-	2,161	0	0	0	1,708	6,450
Taxes`450/3`	3,158	2,786	2,092	1,341	-	-	1,697	810	-	-	2,161	0	0	0	1,708	6,450
Other amounts payable`47/48`	140,340	145,369	139,950	144,097	159,914	158,232	156,323	165,265	161,571	173,781	155,681	155,681	156,071	186,235	197,235	-
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	34,351	23,190	31,028	39,623	57,805	116,764
Gross operating margin`9900`	4,860	838	1,534	11,386	6,820	-1,967	1,436	3,391	7,274	1,519	-1,715	-5,288	-1,010	10,692	11,591	29,607
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	10,084	-	-	36,066	28,478	32,038	28,931	46,214	87,158
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	-	-	-	-	-	-	-	-	-	547	547	465	465	1,505	1,917
Other operating charges`640/8`	358	324	375	480	355	174	307	183	299	230	187	1,226	204	-	696	109
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	1,184	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	4,502	514	1,159	10,906	6,465	-2,141	1,130	2,023	6,975	1,289	-2,450	-7,061	-1,679	10,227	9,390	27,580
Financial income`75/76B`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-
Recurring financial income`75`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-
Financial charges`65/66B`	316	192	75	185	283	636	825	1,025	656	1,055	34	55	11	-	11,925	36,726
Recurring financial charges`65`	316	192	75	185	283	636	825	1,025	656	1,055	34	55	11	-	11,925	36,726
Profit (loss) for the period before taxes`9903`	4,186	322	1,084	10,721	6,182	-2,777	305	998	6,319	234	-2,483	-7,116	-1,690	10,227	-2,530	-9,146
Income taxes`67/77`	-	-	-	-	-	-	-	-	-	-	750	-	-	-	-	-
Profit (loss) for the period`9904`	4,186	322	1,084	10,721	6,182	-2,777	305	998	6,319	234	-3,233	-7,116	-1,690	10,227	-2,530	-9,146
Profit (loss) for the period to be appropriated`9905`	4,186	322	1,084	10,721	6,182	-2,777	305	998	6,319	234	-3,233	-7,116	-1,690	10,227	-2,530	-9,146
Appropriation of the result
Profit (loss) to be appropriated`9906`	-115,160	-119,346	-119,668	-120,753	-131,474	-137,656	-134,878	-137,897	-138,895	-145,214	-146,636	-143,402	-132,103	-132,333	-142,560	-142,430
Profit (loss) brought forward from the previous period`14P`	-119,346	-119,668	-120,753	-131,474	-137,656	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	24-09-2026	2026-00538930	PDF
31-12-2024	micro format	18-09-2025	2025-00499228	PDF
31-12-2023	micro format	25-09-2024	2024-00472181	PDF
31-12-2022	micro format	01-10-2023	2023-00465018	PDF
31-12-2021	micro format	29-09-2022	2022-20440651	PDF
31-12-2020	micro format	28-10-2021	2021-74500400	PDF
31-12-2019	micro format	23-09-2020	2020-55200274	PDF
31-12-2018	micro format	13-09-2019	2019-64400117	PDF
31-12-2017	micro format	11-07-2018	2018-32900182	PDF
31-12-2016	micro format	22-09-2017	2017-62100259	PDF
31-12-2013	abbreviated format	18-08-2014	2014-43100316	PDF
31-12-2012	abbreviated format	30-08-2013	2013-55400263	PDF
31-12-2010	abbreviated format	08-09-2011	2011-54000184	PDF
31-12-2008	abbreviated format	24-08-2009	2009-62000010	PDF
31-12-2007	abbreviated format	18-08-2008	2008-57600094	PDF
31-12-2006	abbreviated format	27-08-2007	2007-63200325	PDF
31-12-2005	abbreviated format	30-08-2006	2006-74005144	PDF
31-12-2004	abbreviated format	28-10-2005	2005-84402710	PDF
31-12-2003	abbreviated format	05-01-2005	2005-00304592	PDF
31-12-2002	abbreviated format	05-01-2005	2005-00304577	PDF
31-12-2001	abbreviated format	27-05-2003	2003-16200295	PDF
31-12-2000	abbreviated format	29-10-2001	2001-67100072	PDF
31-12-1999	abbreviated format	16-10-2000	2000-65505266	PDF
31-12-1998	abbreviated format	23-12-1999	1999-64602106	PDF
31-12-1997	abbreviated format	12-05-1999	1999-10003511	PDF
31-12-1996	abbreviated format	25-08-1997	1997-39300800	PDF
31-12-1995	abbreviated format	09-12-1996	1996-53001155	PDF
31-12-1994	abbreviated format	09-12-1996	1996-53001145	PDF
31-12-1993	abbreviated format	09-12-1996	1996-53001135	PDF
31-12-1992	abbreviated format	26-10-1993	1993-41104171	PDF
31-12-1991	abbreviated format	26-01-1993	1993-01400195	PDF
31-12-1990	abbreviated format	26-01-1993	1993-01400184	PDF
31-12-1989	abbreviated format	26-01-1993	1993-01400176	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2013	2012	2010	2008	2007	2006
EBITDA	-	-	-	-	-	-	-	-	-	-	-1,903	-6,514	-1,214	10,692	10,895	29,498
Cash flow	-	-	-	-	-	-	-	-	-	-	-2,686	-6,569	-1,225	10,692	-1,025	-7,228
Investment in fixed assets (approximation)	-	-	-	-	-	-	-	-	-	2,205	0	-	-	0	0	5,533
Change in cash	162	277	-1,086	601	294	327	-4,927	3,624	583	-	-1,386	-	-	-700	-	-
Working capital	-112,682	-119,072	-119,394	-120,479	-131,200	-137,381	-134,604	-137,623	-138,621	-144,940	-145,643	-142,957	-132,257	-133,417	-144,109	-5,262
EBIT margin	-	-	-	-	-	-	-	-	-	-	-7.1%	-30.4%	-5.4%	25.8%	16.2%	23.6%
Solvency	-345.4%	-335.1%	-350.5%	-310.6%	-337.9%	-464.5%	-404.5%	-359.6%	-469.9%	-453.9%	-469.8%	-403.5%	-369.1%	-230.3%	-237.0%	-107.3%
Current ratio	0.22	0.22	0.21	0.23	0.22	0.16	0.18	0.20	0.16	0.17	0.17	0.19	0.20	0.28	0.28	0.96
Quick ratio	0.00	0.00	0.00	0.01	0.01	0.01	0.00	0.03	0.01	0.00	0.02	0.02	0.02	0.02	0.02	0.59
ROA	12.8%	0.9%	3.2%	28.2%	16.2%	-9.5%	0.9%	2.7%	21.8%	0.7%	-10.5%	-20.4%	-4.8%	18.1%	-4.3%	-7.0%
Customer credit	-	-	-	-	-	-	-	-	-	-	0 days	0 days	0 days	0 days	0 days	0 days
Supplier credit	-	-	-	-	-	-	-	253 days	-	-	172 days	258 days	99 days	0 days	2 days	0 days

MURAT

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-345.4%

Current ratio0.22

Return on assets12.8%

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2024, 1 entry, €2,000 awarded, €2,000 paid

Key figures and ratios

Insights on MURAT

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