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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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MOULIN BOLAND from Seraing, company number BE0430831636, closed financial year 2025 with a result of € 7,719 after tax. For that financial year MOULIN BOLAND recorded a gross margin of € 227,975 and equity of € 310,797. Compared with financial year 2024, the result moved from € 34,319 to € 7,719. 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 September 3, 2026.
€ 310,797
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,719
▼ 78% vs 2024
Profit after tax over the fiscal year.
€ 21,375
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 162,061.
People and assets in 2025
4.1
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 193,207
▲ 8% vs 2024
€ 47,100 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.
€ 12,755
▲ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 70,000
Loans from banks and other lenders, long and short.
€ 115,288
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,747
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 195,410 | € 148,274 | € 240,670 | € 227,975 | ▼ 5% |
| Profit after taxes | € 11,925 | € -52,309 | € 34,319 | € 7,719 | ▼ 78% |
| Equity | € 321,069 | € 268,759 | € 303,078 | € 310,797 | ▲ 3% |
| Total debts | € 331,676 | € 322,442 | € 238,932 | € 238,264 | |
| Cash | € 11,368 | € 12,873 | € 17,099 | € 21,375 | ▲ 25% |
| Land & buildings | € 185,874 | € 177,681 | € 169,702 | € 162,214 | ▼ 4% |
| Retained profit | € 172,332 | € 120,023 | € 154,342 | € 162,061 | ▲ 5% |
| Bank debt | € 60,000 | € 60,000 | € 70,000 | € 70,000 | |
| Balance sheet total | € 652,744 | € 591,201 | € 542,010 | € 549,061 | ▲ 1% |
| Employees (FTE) | 3.9 | 3.4 | 3.8 | 4.1 | ▲ 0.3 |
Key figures of MOULIN BOLAND, 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 MOULIN BOLAND?
What happened at MOULIN BOLAND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,719 (▼ 78% vs 2024). filed late Source: NBB ↗
- EMMANUEL NORBERT BOLAND stepped down as director. NBB
- RENE MAURICE JOSEPH BOLAND stepped down as director. NBB
- CLEMENTINE BOLAND stepped down as director. NBB
- EMMANUEL NORBERT BOLAND became a director. NBB
- RENE MAURICE JOSEPH BOLAND became a director. NBB
- CLEMENTINE BOLAND became a director. NBB
- New establishment in Seraing. KBO
In short
From € 11,925 profit in 2022 to € 7,719 profit in 2025.
Best year ever: 2024, with € 34,319 profit.
On average € 55,600 of value added per employee in 2025.
Management
The shares are held by RENE BOLAND (51.3%), CLEMENTINE BOLAND (23.3%), EMMANUEL BOLAND (11.2%), MARTHE BOLAND (7.1%) and SABINE BOLAND (7.1%).
Directors
According to the 2025 annual accounts
EMMANUEL NORBERT BOLAND
Director
since 2020 · until 2026
RENE MAURICE JOSEPH BOLAND
Director
since 2020 · until 2026
CLEMENTINE BOLAND
Managing director
Owns 23.3% directly
since 2020 · until 2026
Shareholders
RENE BOLAND
51.3%
CLEMENTINE BOLAND · director
23.3%
EMMANUEL BOLAND
11.2%
MARTHE BOLAND
7.1%
SABINE BOLAND
7.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Wathieu 10
4100 Seraing
Rue Wathieu 22
4100 Seraing
Active since 8 May 1987
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0430.831.636
- VAT number
- BE 0430.831.636
- Registered office
- Rue Wathieu 10, 4100 Seraing
- Names & denominations
- MOULIN BOLAND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1987
- Peppol
- Active · Active since 10 Dec 2025
- Contact
- moulinboland.be
- Activities · NACE
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