VANMULLEM KOEN
The computed 12-month bankruptcy probability of VANMULLEM KOEN is 2.5% (moderate). The 2024 annual accounts show equity of €17k and a net result of €-94k. Equity is shrinking by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 36383 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €17k |
| Net result | €-94k |
| Better than sector | 10% |
| Active | 8 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.3% | 46.6% | |
| Net result | €-94k | €9k | |
| Equity | €17k | €58k | |
| Gross operating margin | €163k | €38k | |
| Total assets | €1.34M | €140k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €134k | €271k | €288k | €206k | €150k |
| Net profit | €-94k | €64k | €74k | €-8k | €-9k |
| Cash flow | €57k | €219k | €237k | €154k | €115k |
| Staff costs | - | - | €0 | €4k | - |
| Income taxes | €488 | €13k | €433 | €361 | €388 |
| Dividends | - | €0 | €74k | - | - |
| Total assets | €1.34M | €1.54M | €1.59M | €1.66M | €1.53M |
| Equity | €17k | €111k | €35k | €35k | €42k |
| Debt | €1.32M | €1.43M | €1.55M | €1.63M | €1.48M |
| of which ≤ 1y | €460k | €510k | €627k | €533k | €496k |
| of which > 1y | €859k | €919k | €924k | €1.09M | €985k |
| Working capital | €-213k | €-193k | €-399k | €-391k | €-332k |
| Employees (FTE) | - | 0.0 | - | - | 0.9 |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 0.54 | 0.62 | 0.36 | 0.27 | 0.33 |
| Quick ratio | 0.52 | 0.60 | 0.35 | 0.25 | 0.32 |
| Working capital ratio | -15.9% | -12.5% | -25.1% | -23.5% | -21.8% |
| Solvency | 1.3% | 7.2% | 2.2% | 2.1% | 2.8% |
| Debt / equity | 77.97 | 12.88 | 44.75 | 46.84 | 23.18 |
| Long-term debt ratio | 50.69 | 8.27 | 26.63 | 31.45 | 23.18 |
| Interest coverage | 1.57 | 5.40 | 4.57 | 3.82 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -7.0% | 4.2% | 4.7% | -0.5% | -0.6% |
| ROE | -556.0% | 57.6% | 213.7% | -22.5% | -21.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.34M | €1.54M | €1.59M | €1.66M | €1.53M |
| Fixed assets | 21/28 | €1.09M | €1.22M | €1.36M | €1.52M | €1.36M |
| Intangible fixed assets | 21 | €144k | €184k | €225k | €265k | €300k |
| Tangible fixed assets | 22/27 | €947k | €1.04M | €1.13M | €1.25M | €1.06M |
| Financial fixed assets | 28 | €530 | €530 | €530 | €530 | €530 |
| Current assets | 29/58 | €247k | €318k | €228k | €142k | €164k |
| Stocks & contracts in progress | 3 | €7k | €12k | €6k | €8k | €5k |
| Amounts receivable within one year | 40/41 | €218k | €294k | €213k | €108k | €142k |
| Cash & bank | 54/58 | €7k | - | €0 | €15k | €14k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.34M | €1.54M | €1.59M | €1.66M | €1.53M |
| Equity | 10/15 | €17k | €111k | €35k | €35k | €42k |
| Contributions / capital | 10/11 | €19k | €19k | €6k | €6k | - |
| Reserves | 13 | €93k | €93k | €45k | €45k | €45k |
| Accumulated profits (losses) | 14 | €-94k | €0 | €-16k | €-16k | €-9k |
| Amounts payable | 17/49 | €1.32M | €1.43M | €1.55M | €1.63M | €1.48M |
| Amounts payable after one year | 17 | €859k | €919k | €924k | €1.09M | €985k |
| Amounts payable within one year | 42/48 | €460k | €510k | €627k | €533k | €496k |
| Trade debts payable within one year | 44 | €291k | €199k | €256k | €222k | €189k |
| Income statement | ||||||
| Gross operating margin | 9900 | €163k | €289k | €308k | €223k | €268k |
| Operating result | 9901 | €-17k | €116k | €125k | €44k | €26k |
| Financial income | 75 | €9k | €12k | €12k | €3k | €936 |
| Financial charges | 65 | €85k | €50k | €63k | €54k | €35k |
| Result before taxes | 9903 | €-94k | €77k | €75k | €-7k | €-9k |
| Income taxes | 67/77 | €488 | €13k | €433 | €361 | €388 |
| Net result for the period | 9904 | €-94k | €64k | €74k | €-8k | €-9k |
| Result to be appropriated | 9905 | €-94k | €64k | €74k | €-8k | €-9k |
-
Current11-07-2023 → present
-
Current11-07-2023 → present
2 events
- 11-07-2023 Appointed· Director
- 11-07-2023 Mandate renewed· Director
| NACE primary | Screed work(43422) |
| Legal form | Private limited company(610) |
| Incorporation | 03-07-2018 |
| Status | Active |
| Postal code | 8460 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31012A1141/00E000 | Flanders | 1,936 m² | 1 · 855 m² | 11.1 m · 2 fl. |
| 35004C0363/00A000 | Flanders | 776 m² | 1 · 169 m² | 8.5 m · 2 fl. |
| 35004C0750/00A004 | Flanders | 638 m² | 1 · 512 m² | 10.7 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-01-2026 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": true,
"effective_date": "2025-12-30",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0699.579.341",
"name_full": "VANMULLEM KOEN",
"legal_form": "BV"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}11-07-2023 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": true,
"object_change": false,
"effective_date": "2023-07-07",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0699.579.341",
"name_full": "VANMULLEM KOEN",
"legal_form": "BV"
},
"signature_regime": "solo",
"special_mandates": [
{
"quote": "De bestuurders stellen de hierna genoemde personen aan als bijzondere lasthebbers, die elk afzonderlijk kunnen optreden en met de mogelijkheid tot in de plaatsstelling, aan wie de macht verleend wordt om al het nodige te doen om alle inschrijvingen, wijzigingen of doorhalingen in de Kruispuntbank voor Ondernemingen te bekomen, de formaliteiten inzake inschrijving, wijziging of stopzetting bij de administratie van de B.T.W. te vervullen en te dien einde ook alle hoe genaamde stukken en akten te tekenen, inclusief alle benodigde documenten en formulieren jegens \u00E9\u00E9n of meer erkende ondernemingsloketten, met name: Deloitte Private nv, kantoorhoudende te 8020 Oostkamp, Kapellestraat 140.",
"holder_kbo": null,
"holder_name": "Deloitte Private nv",
"scope_categories": [
"KBO",
"tax",
"filing"
],
"with_substitution": true
}
],
"governance_change": {
"admin_delegated_added": []
}
}06-07-2018 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Vrijboomstraat 53, 8460 Oudenburg",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1970-09-14",
"name": "Koen VANMULLEM",
"niss": null,
"address": "Vrijboomstraat 53, 8460 Oudenburg"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 4650,
"holder_person_name": "Koen VANMULLEM",
"is_subscriber_only": false,
"n_shares_subscribed": 75,
"amount_subscribed_eur": 13950,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1981-11-20",
"name": "Anneleen GEKIERE",
"niss": null,
"address": "Vrijboomstraat 53, 8460 Oudenburg"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1550,
"holder_person_name": "Anneleen GEKIERE",
"is_subscriber_only": false,
"n_shares_subscribed": 25,
"amount_subscribed_eur": 4650,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600,
"subject_company": {
"kbo": "0699.579.341",
"name_full": "VANMULLEM KOEN",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2018-07-03",
"post_incorporation_mandates": []
}| Legal nameNL | VANMULLEM KOEN |