What does Mustad BELGIUM do?

Mustad BELGIUM is a metalworking company in Eupen. Public Limited, started on 29 December 1980, 4 establishments.

What is the address of Mustad BELGIUM?

The registered office of Mustad BELGIUM is located at Industriestrasse 30, 4700 Eupen.

Is Mustad BELGIUM still active?

Yes. According to the CBE (31 October 2026) Mustad BELGIUM is active, legal situation “Normale toestand”, started on 29 December 1980.

Is Mustad BELGIUM registered on Peppol?

Yes, Mustad BELGIUM is registered on the Peppol network with ID 0208:0421358595.

What is the enterprise number of Mustad BELGIUM?

The enterprise number of Mustad BELGIUM is BE0421358595.

When was Mustad BELGIUM founded?

Mustad BELGIUM was founded on 29 December 1980.

Who are the directors of Mustad BELGIUM?

According to the 2025 annual accounts, the directors of Mustad BELGIUM are: Clarin Mustad, Eduardo MUSTAD, Pierre Defechereux, Andreas Weinberger.

Is Mustad BELGIUM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 December 1980; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 4 establishments in the CBE.

How much profit did Mustad BELGIUM make in 2025?

Mustad BELGIUM posted a profit after taxes of € 59,568 in financial year 2025.

What is the revenue of Mustad BELGIUM?

In its most recent annual accounts (2025), Mustad BELGIUM reported revenue of € 8,542,889.

How much does an employee at Mustad BELGIUM earn?

The average wage cost per full-time employee at Mustad BELGIUM was € 68,800 in 2025: staff costs of € 4.6 million for 66.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Mustad BELGIUM have?

According to the 2025 annual accounts, Mustad BELGIUM has 66.6 full-time equivalents (FTE).

Does Mustad BELGIUM have a website?

Yes, Mustad BELGIUM has a website at mustad.be.

Mustad BELGIUM (Public Limited) - Eupen - BE0421358595

Dossier Mustad BELGIUM, printed on 31 October 2026 from databakkes.be/en/0421358595/mustad-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Mustad BELGIUM from Eupen, company number BE0421358595, closed financial year 2025 with a result of € 59,568 after tax. For that financial year Mustad BELGIUM recorded revenue of € 8.5 million and equity of € 3.2 million. Compared with financial year 2024, the result moved from € -470,232 to € 59,568. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.

What it is worth Growing

€ 3.2 million

▲ 2% vs 2024

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

Profit Growing

€ 59,568

▲ still € 470,232 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 381,714

▲ € 342,571 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 € 1.9 million.

People and assets in 2025

Full-time equivalents

66.6

▼ 2.7 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.6 million

▼ 6% vs 2024

€ 68,800 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

€ 2.9 million

▼ 15% vs 2024

Of which on lease € 2.9 million.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.7 million

▼ 7% vs 2024

€ 466,612 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 1.1 million

▲ 64% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 118 days on average.

Taxes and wages

€ 802,290

▼ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 9,538,501 Revenue 2022: € 9,538,501 First fiscal year in the series	€ 10,367,302 Revenue 2023: € 10,367,302 ▲ 9% vs 2022 (€ 9,538,501) Favourable step	€ 8,682,759 Revenue 2024: € 8,682,759 ▼ 16% vs 2023 (€ 10,367,302) Unfavourable step	€ 8,542,889 Revenue 2025: € 8,542,889 ▼ 2% vs 2024 (€ 8,682,759) Unfavourable step	▼ 2%
Profit after taxes	€ 285,931 Profit after taxes 2022: € 285,931 First fiscal year in the series	€ 202,199 Profit after taxes 2023: € 202,199 ▼ 29% vs 2022 (€ 285,931) Unfavourable step	€ -470,232 Profit after taxes 2024: € -470,232 ▼ € 672,431 vs 2023 (€ 202,199) Unfavourable step	€ 59,568 Profit after taxes 2025: € 59,568 ▲ € 529,800 vs 2024 (€ -470,232) Favourable step	▲ € 529,800
Equity	€ 3,425,133 Equity 2022: € 3,425,133 First fiscal year in the series	€ 3,627,353 Equity 2023: € 3,627,353 ▲ 6% vs 2022 (€ 3,425,133) Favourable step	€ 3,157,121 Equity 2024: € 3,157,121 ▼ 13% vs 2023 (€ 3,627,353) Unfavourable step	€ 3,216,690 Equity 2025: € 3,216,690 ▲ 2% vs 2024 (€ 3,157,121) Favourable step	▲ 2%
Total debts	€ 8,157,164 Total debts 2022: € 8,157,164 First fiscal year in the series	€ 7,182,322 Total debts 2023: € 7,182,322 ▼ 12% vs 2022 (€ 8,157,164) Favourable step	€ 6,668,174 Total debts 2024: € 6,668,174 ▼ 7% vs 2023 (€ 7,182,322) Favourable step	€ 6,642,087 Total debts 2025: € 6,642,087 Unchanged (€ 6,668,174) Favourable step
Cash	€ 269,146 Cash 2022: € 269,146 First fiscal year in the series	€ 144,059 Cash 2023: € 144,059 ▼ 46% vs 2022 (€ 269,146) Unfavourable step	€ 39,144 Cash 2024: € 39,144 ▼ 73% vs 2023 (€ 144,059) Unfavourable step	€ 381,714 Cash 2025: € 381,714 ▲ € 342,571 vs 2024 (€ 39,144) Favourable step	▲ € 342,571
Land & buildings	€ 1,438,889 Land & buildings 2022: € 1,438,889 First fiscal year in the series	€ 1,336,228 Land & buildings 2023: € 1,336,228 ▼ 7% vs 2022 (€ 1,438,889) Unchanged	€ 1,225,984 Land & buildings 2024: € 1,225,984 ▼ 8% vs 2023 (€ 1,336,228) Unchanged	€ 1,110,790 Land & buildings 2025: € 1,110,790 ▼ 9% vs 2024 (€ 1,225,984) Unchanged	▼ 9%
Retained profit	€ 1,756,007 Retained profit 2022: € 1,756,007 First fiscal year in the series	€ 2,165,476 Retained profit 2023: € 2,165,476 ▲ 23% vs 2022 (€ 1,756,007) Favourable step	€ 1,798,869 Retained profit 2024: € 1,798,869 ▼ 17% vs 2023 (€ 2,165,476) Unfavourable step	€ 1,858,437 Retained profit 2025: € 1,858,437 ▲ 3% vs 2024 (€ 1,798,869) Favourable step	▲ 3%
Bank debt	€ 6,148,635 Bank debt 2022: € 6,148,635 First fiscal year in the series	€ 5,367,155 Bank debt 2023: € 5,367,155 ▼ 13% vs 2022 (€ 6,148,635) Favourable step	€ 5,022,092 Bank debt 2024: € 5,022,092 ▼ 6% vs 2023 (€ 5,367,155) Favourable step	€ 4,652,014 Bank debt 2025: € 4,652,014 ▼ 7% vs 2024 (€ 5,022,092) Favourable step	▼ 7%
Balance sheet total	€ 11,582,718 Balance sheet total 2022: € 11,582,718 First fiscal year in the series	€ 10,809,675 Balance sheet total 2023: € 10,809,675 ▼ 7% vs 2022 (€ 11,582,718) Unchanged	€ 9,825,296 Balance sheet total 2024: € 9,825,296 ▼ 9% vs 2023 (€ 10,809,675) Unchanged	€ 9,858,777 Balance sheet total 2025: € 9,858,777 Unchanged (€ 9,825,296) Unchanged
Employees (FTE)	73.4 Employees (FTE) 2022: 73.4 First fiscal year in the series	70.7 Employees (FTE) 2023: 70.7 ▼ 2.7 vs 2022 (73.4) Unchanged	69.3 Employees (FTE) 2024: 69.3 ▼ 1.4 vs 2023 (70.7) Unchanged	66.6 Employees (FTE) 2025: 66.6 ▼ 2.7 vs 2024 (69.3) Unchanged	▼ 2.7

Key figures of Mustad BELGIUM, 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 Mustad BELGIUM?

What happened at Mustad BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 22, 2026 New annual accounts for financial year 2025: profit of € 59,568. Source: NBB ↗
2026 Clarin Mustad stepped down as director. NBB
2026 Eduardo MUSTAD stepped down as director. NBB
2026 Pierre Defechereux stepped down as director. NBB
2026 Andreas Weinberger stepped down as director. NBB
2020 Clarin Mustad became a director. NBB
2020 Eduardo MUSTAD became a director. NBB
2020 Pierre Defechereux became a director. NBB

In short

From € 285,931 profit in 2022 to € 59,568 profit in 2025.

Paid € 400,316 in corporate taxes since 2022.

Best year ever: 2022, with € 285,931 profit.

Pays suppliers within 118 days on average.

Original PDFs at the National Bank ↗

Management

MACHAO HOLDING 100%

Mustad BELGIUM

The shares are held by MACHAO HOLDING (100%).

Directors

According to the 2025 annual accounts

Clarin Mustad

Director

since 2020 · until 2026

Eduardo MUSTAD

Director

since 2020 · until 2026

Pierre Defechereux

Managing director

since 2020 · until 2026

Andreas Weinberger

Director

Also active at: SOCIETE INDUSTRIELLE LA COURONNE S.A.

since 2020 · until 2026

Shareholders

MACHAO HOLDING

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Industriestrasse 30

4700 Eupen

2.006.666.318

Werkhuizenkaai 9

1000 Brussel

Active since 11 December 1948

2.006.666.417

Rue Marie-Thérèse 46

4710 Lontzen

Active since 1 January 1980

2.006.666.516

Rue Marie-Thérèse 46

4710 Lontzen

Active since 1 January 1980

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Fonds social des Ouvriers de la Firme Eupen - Métal

Aixfair

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

Website

HTTPS mustad.be

Technologies

ApacheCloudflare CDNJSCookie ConsentPHP

Hosting & Email

Email provider

Self-hosted

Hosting

OVH, FR

Website info

HTTPS Ja

Languages FR

Features

Security

✓ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0421.358.595

VAT number

BE 0421.358.595

Registered office

Industriestrasse 30, 4700 Eupen

Names & denominations

Mustad BELGIUM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 December 1980

Peppol

Active · Active since 29 Dec 2025

Contact

mustad.be

Activities · NACE

Vervaardiging van bouten, schroeven en moeren

Verspanend bewerken van metalen

Algemene metaalbewerking

Vervaardiging van keukenmeubelen

Niet-gespecialiseerde groothandel

Detailhandel in huismeubilair

Vervaardiging van overige keukenmeubelen

Overige groothandel

View on CBE Public ↗ Annual accounts (NBB) ↗

Mustad BELGIUM

Financials

What happened to Mustad BELGIUM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions