MURDOCK
Annual accounts 2025
micro format, filed on 01-07-2026, 30 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €92,000 and €180,000.
Balance sheet
balance sheet total €184,289 on 31-12-2025in euro
in euro
Position in the sector
10.9%
Higher than 20% of 9,119 companies in 2025.
0.58
Higher than 13% of 8,757 companies in 2025.
10.3%
Higher than 51% of 8,885 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
184,289 | 160,457 | 9,786 | |
20 |
- | 451 | 1,403 | |
21/28 |
88,297 | 113,154 | - | |
22/27 |
88,297 | 113,154 | - | |
23 |
1,386 | 1,756 | - | |
24 |
86,911 | 111,398 | - | |
29/58 |
95,992 | 46,852 | 8,383 | |
3 |
2,709 | 1,410 | - | |
30/36 |
2,709 | 1,410 | - | |
40/41 |
2,745 | 11,083 | 858 | |
40 |
708 | 3,884 | 257 | |
41 |
2,037 | 7,199 | 602 | |
54/58 |
89,587 | 33,467 | 7,525 | |
490/1 |
951 | 893 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
184,289 | 160,457 | 9,786 | |
10/15 |
20,117 | 1,118 | 5,878 | |
10/11 |
10,000 | 10,000 | 10,000 | |
13 |
10,117 | - | - | |
133 |
10,117 | - | - | |
14 |
- | -8,882 | -4,122 | |
17/49 |
164,172 | 159,339 | 3,909 | |
42/48 |
164,172 | 159,339 | 3,909 | |
44 |
166 | 369 | - | |
440/4 |
166 | 369 | - | |
45 |
3,871 | 465 | - | |
450/3 |
3,871 | 465 | - | |
47/48 |
160,135 | 158,505 | 3,909 | |
| Income statement | ||||
9900 |
49,783 | 8,510 | -3,612 | |
62 |
449 | 524 | - | |
630 |
25,308 | 12,082 | 501 | |
640/8 |
895 | 573 | 10 | |
9901 |
23,131 | -4,668 | -4,122 | |
75/76B |
18 | 142 | - | |
75 |
18 | 142 | - | |
65/66B |
278 | 47 | - | |
65 |
278 | 47 | - | |
9903 |
22,870 | -4,573 | -4,122 | |
67/77 |
3,871 | 186 | - | |
9904 |
18,999 | -4,759 | -4,122 | |
9905 |
18,999 | -4,759 | -4,122 | |
| Appropriation of the result | ||||
9906 |
10,117 | -8,882 | -4,122 | |
14P |
-8,882 | -4,122 | - | |
691/2 |
10,117 | - | - | |
6921 |
10,117 | - | - | |
| Document | ||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2025, 1 entry, €303 awarded
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 48,439 | 7,414 | -3,622 | ||
| 44,307 | 7,323 | -3,622 | ||
| 451 | 124,284 | - | ||
| 56,121 | 25,942 | - | ||
| -68,180 | -112,487 | 4,474 | ||
| 10.9% | 0.7% | 60.1% | ||
| 0.58 | 0.29 | 2.14 | ||
| 0.57 | 0.29 | 2.14 | ||
| 8.16 | - | 0.66 | ||
| 94.4% | -425.6% | -70.1% | ||
| 10.3% | -3.0% | -42.1% | ||
| over 100 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €124,284 | - |
| €25,308 | €12,082 | €501 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on MURDOCK
The operating result for 2025 is a profit of €23,131, after a loss of €4,668 in 2024. It is the highest result since 2023.
Debt's share of the balance-sheet total falls from 99.3% to 89.1%. Equity and debt are higher.