Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ten Hove Mulier from Leuven, company number BE0427019041, closed financial year 2025 with a result of € -7,203 after tax. For that financial year Ten Hove Mulier recorded a gross margin of € 20,651 and equity of € 1 million. Compared with financial year 2024, the result moved from € -4,932 to € -7,203. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,203
▼ 46 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,690
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -250,255.
Debts at end 2025
€ 87,460
▼ 11% vs 2024
€ 11,528 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 293
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,596 | € 18,375 | € 25,520 | € 20,651 | ▼ 19% |
| Profit after taxes | € -25,119 | € -11,655 | € -4,932 | € -7,203 | ▼ € 2,271 |
| Equity | € 1,056,821 | € 1,045,166 | € 1,040,234 | € 1,033,031 | ▼ 1% |
| Total debts | € 214,289 | € 202,802 | € 189,467 | € 178,545 | ▼ 6% |
| Cash | € 23,901 | € 6,297 | € 10,218 | € 6,690 | ▼ 35% |
| Land & buildings | € 1,113,124 | € 1,111,438 | € 1,109,798 | € 1,108,181 | |
| Retained profit | € -226,465 | € -238,120 | € -243,052 | € -250,255 | ▼ € 7,203 |
| Bank debt | € 121,063 | € 110,021 | € 98,824 | € 87,460 | ▼ 11% |
| Balance sheet total | € 1,285,159 | € 1,262,017 | € 1,243,750 | € 1,225,625 | ▼ 1% |
Key figures of Ten Hove Mulier, 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 Ten Hove Mulier?
What happened at Ten Hove Mulier in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,203. Source: NBB ↗
- MICHIEL MULIER became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,119 loss in 2022 to € 7,203 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Ten Hove Mulier are ELISABETH MULIER and MICHIEL MULIER.
Directors
According to the 2025 annual accounts
ELISABETH MULIER
Director
MICHIEL MULIER
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Schapenstraat 101
3000 Leuven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.019.041
- VAT number
- BE 0427.019.041
- Registered office
- Schapenstraat 101, 3000 Leuven
- Names & denominations
- Ten Hove Mulier
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 1984
- Peppol
- Active · Active since 4 Apr 2025