MURWIN
Annual accounts 2025
micro format, filed on 21-05-2026, 71 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 ≈ €140,000. Estimated: probably between €110,000 and €180,000.
Balance sheet
balance sheet total €186,204 on 31-12-2025in euro
in euro
Position in the sector
84.8%
Higher than 83% of 39,376 companies in 2025.
6.57
Higher than 84% of 38,058 companies in 2025.
26.0%
Higher than 66% of 38,530 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top 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 |
186,204 | 137,776 | 90,935 | |
29/58 |
186,204 | 137,776 | 90,935 | |
40/41 |
14,488 | 11,179 | 9,616 | |
40 |
14,488 | 11,105 | 9,616 | |
41 |
- | 74 | - | |
54/58 |
171,716 | 126,596 | 81,319 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
186,204 | 137,776 | 90,935 | |
10/15 |
157,872 | 110,374 | 61,562 | |
10/11 |
1,500 | 1,500 | 1,500 | |
13 |
156,372 | 108,874 | 60,062 | |
133 |
156,372 | 108,874 | 60,062 | |
17/49 |
28,333 | 27,401 | 29,373 | |
42/48 |
28,333 | 27,401 | 29,373 | |
44 |
282 | 27 | 165 | |
440/4 |
282 | 27 | 165 | |
45 |
27,218 | 26,574 | 28,408 | |
450/3 |
27,218 | 24,907 | 28,408 | |
454/9 |
- | 1,667 | - | |
47/48 |
833 | 800 | 800 | |
| Income statement | ||||
9900 |
69,452 | 68,528 | 83,944 | |
640/8 |
520 | 118 | 109 | |
9901 |
68,933 | 68,410 | 83,835 | |
75/76B |
0 | 1 | - | |
75 |
0 | 1 | - | |
65/66B |
1,981 | 40 | 43 | |
65 |
1,981 | 40 | 43 | |
9903 |
66,952 | 68,371 | 83,792 | |
67/77 |
18,621 | 18,759 | 22,930 | |
9904 |
48,330 | 49,612 | 60,862 | |
9905 |
48,330 | 49,612 | 60,862 | |
| Appropriation of the result | ||||
9906 |
48,330 | 49,612 | 60,862 | |
691/2 |
47,497 | 48,812 | 60,062 | |
6921 |
47,497 | 48,812 | 60,062 | |
694/7 |
833 | 800 | 800 | |
694 |
833 | 800 | 800 | |
| Document | ||||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 21-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 45,120 | 45,277 | - | ||
| 157,872 | 110,374 | 61,562 | ||
| 84.8% | 80.1% | 67.7% | ||
| 6.57 | 5.03 | 3.10 | ||
| 0.18 | 0.25 | 0.48 | ||
| 30.6% | 44.9% | 98.9% | ||
| 26.0% | 36.0% | 66.9% |
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.
Insights on MURWIN
The operating result for 2025 is 1% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 19.9% to 15.2%. Equity and debt are higher.