Active · per the CBE, 30 October 2026
EURO - MOUSSE logo

EURO - MOUSSE

BE0416428423

Rechtspersoon Private limited company 1 establishment

EURO - MOUSSE is a water company in Ninove. Private Limited, started on 30 September 1976, 1 establishment.

Mallaardstraat 37, 9400 Ninove euromousse.be [email protected]

Behind the company: Kim Michiels.

Active for

50 year, 1 month

Financials

Financial year 2025

EURO - MOUSSE from Ninove, company number BE0416428423, closed financial year 2025 with a result of € 22,761 after tax. For that financial year EURO - MOUSSE recorded a gross margin of € 965,371 and equity of € 883,629. Compared with financial year 2024, the result moved from € 59,235 to € 22,761. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.

What it is worth Growing

€ 883,629

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 22,761

▼ 62% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 415,671

▼ 2% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 865,037.

People and assets in 2025

Full-time equivalents

12.3

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 693,475

▼ 1% vs 2024

€ 56,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 18,820

▼ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 356,614

▼ 21% vs 2024

€ 67,348 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 281,046

▼ 24% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 116,338

▼ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,037,762 € 1,138,806 € 1,031,939 € 965,371 ▼ 6%
Profit after taxes € 148,118 € 167,723 € 59,235 € 22,761 ▼ 62%
Equity € 633,911 € 801,633 € 860,868 € 883,629 ▲ 3%
Total debts € 1,400,832 € 1,341,322 € 1,210,421 € 933,501 ▼ 23%
Cash € 298,424 € 475,445 € 424,149 € 415,671 ▼ 2%
Land & buildings € 69,825 € 77,157 € 73,568 € 107,835 ▲ 47%
Retained profit € 615,319 € 783,041 € 842,276 € 865,037 ▲ 3%
Bank debt € 245,559 € 558,249 € 448,781 € 356,614 ▼ 21%
Balance sheet total € 2,034,743 € 2,142,956 € 2,071,290 € 1,817,130 ▼ 12%
Employees (FTE) 13.1 12.4 12.4 12.3 ▼ 0.1

Key figures of EURO - MOUSSE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to EURO - MOUSSE?

What happened at EURO - MOUSSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 22,761 (▼ 62% vs 2024). Source: NBB ↗
  • New establishment in Ninove. KBO
  • Start of the company according to the CBE. KBO

In short

From € 148,118 profit in 2022 to € 22,761 profit in 2025.

Paid € 239,587 in corporate taxes since 2022.

Best year ever: 2023, with € 167,723 profit.

On average € 78,500 of value added per employee in 2025.

Management

Kim Michiels
EURO - MOUSSE

Behind EURO - MOUSSE is Kim Michiels. Kim Michiels is also behind 83.

Directors

According to the 2025 annual accounts

Kim Michiels

Director

Also active at: 83

Establishments

Establishment units

Physical locations of this company

Registered office

Mallaardstraat 37

9400 Ninove

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

Font AwesomeGoogle AnalyticsGoogle FontsNginxjQuery

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja
Languages NL
Copyright 2026

Features

Security

✓ HTTPS
✓ SPF
✗ DMARC

Details

Company number
0416.428.423
VAT number
BE 0416.428.423
Registered office
Mallaardstraat 37, 9400 Ninove
Names & denominations
EURO - MOUSSE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
30 September 1976
Peppol
Active · Active since 23 Jun 2025
Activities · NACE

Vervaardiging van matrassen

Vervaardiging van industriële gassen

Frequently asked questions

What does EURO - MOUSSE do?
EURO - MOUSSE is a water company in Ninove. Private Limited, started on 30 September 1976, 1 establishment.
What is the address of EURO - MOUSSE?
The registered office of EURO - MOUSSE is located at Mallaardstraat 37, 9400 Ninove.
Is EURO - MOUSSE still active?
Yes. According to the CBE (30 October 2026) EURO - MOUSSE is active, legal situation “Normale toestand”, started on 30 September 1976.
Is EURO - MOUSSE registered on Peppol?
Yes, EURO - MOUSSE is registered on the Peppol network with ID 0208:0416428423.
What is the enterprise number of EURO - MOUSSE?
The enterprise number of EURO - MOUSSE is BE0416428423.
When was EURO - MOUSSE founded?
EURO - MOUSSE was founded on 30 September 1976.