What is the address of MUTANCO?

The registered office of MUTANCO is located at Huldelaan(Odk) 8, 8670 Koksijde.

Is MUTANCO still active?

Yes. According to the CBE (29 October 2026) MUTANCO is active, legal situation “Normale toestand”, started on 4 November 1988.

Is MUTANCO registered on Peppol?

Yes, MUTANCO is registered on the Peppol network with ID 0208:0435752011.

What is the enterprise number of MUTANCO?

The enterprise number of MUTANCO is BE0435752011.

When was MUTANCO founded?

MUTANCO was founded on 4 November 1988.

Who are the directors of MUTANCO?

According to the 2025 annual accounts, the directors of MUTANCO are: OCEAN ROAD BV, Magda Cappelle.

Is MUTANCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 November 1988; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MUTANCO make in 2025?

MUTANCO recorded a loss after taxes of € 6,430 in financial year 2025.

What is the revenue of MUTANCO?

As a small company, MUTANCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -2,172.

MUTANCO (Public Limited) - Koksijde - BE0435752011

Dossier MUTANCO, printed on 29 October 2026 from databakkes.be/en/0435752011/mutanco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MUTANCO from Koksijde, company number BE0435752011, closed financial year 2025 with a result of € -6,430 after tax. For that financial year MUTANCO recorded a gross margin of € -2,172 and equity of € -138,924. Compared with financial year 2024, the result moved from € -18,882 to € -6,430. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.

What it is worth Caution

€ -138,924

▼ € 6,430 vs 2024

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

Loss Caution

€ -6,430

▲ 66 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,364

▼ 13% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -374,422.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 14,217

▲ 1% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -923 Gross margin 2022: € -923 First fiscal year in the series	€ -1,166 Gross margin 2023: € -1,166 ▼ € 243 vs 2022 (€ -923) Unfavourable step	€ -1,250 Gross margin 2024: € -1,250 ▼ € 85 vs 2023 (€ -1,166) Unfavourable step	€ -2,172 Gross margin 2025: € -2,172 ▼ € 921 vs 2024 (€ -1,250) Unfavourable step	▼ € 921
Profit after taxes	€ -18,676 Profit after taxes 2022: € -18,676 First fiscal year in the series	€ -18,645 Profit after taxes 2023: € -18,645 Unchanged (€ -18,676) Favourable step	€ -18,882 Profit after taxes 2024: € -18,882 ▼ € 237 vs 2023 (€ -18,645) Unfavourable step	€ -6,430 Profit after taxes 2025: € -6,430 ▲ € 12,452 vs 2024 (€ -18,882) Favourable step	▲ € 12,452
Equity	€ -94,966 Equity 2022: € -94,966 First fiscal year in the series	€ -113,611 Equity 2023: € -113,611 ▼ € 18,645 vs 2022 (€ -94,966) Unfavourable step	€ -132,493 Equity 2024: € -132,493 ▼ € 18,882 vs 2023 (€ -113,611) Unfavourable step	€ -138,924 Equity 2025: € -138,924 ▼ € 6,430 vs 2024 (€ -132,493) Unfavourable step	▼ € 6,430
Total debts	€ 177,518 Total debts 2022: € 177,518 First fiscal year in the series	€ 192,926 Total debts 2023: € 192,926 ▲ 9% vs 2022 (€ 177,518) Unfavourable step	€ 226,361 Total debts 2024: € 226,361 ▲ 17% vs 2023 (€ 192,926) Unfavourable step	€ 230,778 Total debts 2025: € 230,778 ▲ 2% vs 2024 (€ 226,361) Unfavourable step	▲ 2%
Cash	€ 4,061 Cash 2022: € 4,061 First fiscal year in the series	€ 824 Cash 2023: € 824 ▼ 80% vs 2022 (€ 4,061) Unfavourable step	€ 15,378 Cash 2024: € 15,378 ▲ € 14,554 vs 2023 (€ 824) Favourable step	€ 13,364 Cash 2025: € 13,364 ▼ 13% vs 2024 (€ 15,378) Unfavourable step	▼ 13%
Land & buildings	€ 78,334 Land & buildings 2022: € 78,334 First fiscal year in the series	€ 78,334 Land & buildings 2023: € 78,334 Unchanged (€ 78,334) Unchanged	€ 78,334 Land & buildings 2024: € 78,334 Unchanged (€ 78,334) Unchanged	€ 78,334 Land & buildings 2025: € 78,334 Unchanged (€ 78,334) Unchanged
Retained profit	€ -330,465 Retained profit 2022: € -330,465 First fiscal year in the series	€ -349,110 Retained profit 2023: € -349,110 ▼ € 18,645 vs 2022 (€ -330,465) Unfavourable step	€ -367,992 Retained profit 2024: € -367,992 ▼ € 18,882 vs 2023 (€ -349,110) Unfavourable step	€ -374,422 Retained profit 2025: € -374,422 ▼ € 6,430 vs 2024 (€ -367,992) Unfavourable step	▼ € 6,430
Balance sheet total	€ 82,552 Balance sheet total 2022: € 82,552 First fiscal year in the series	€ 79,315 Balance sheet total 2023: € 79,315 ▼ 4% vs 2022 (€ 82,552) Unchanged	€ 93,868 Balance sheet total 2024: € 93,868 ▲ 18% vs 2023 (€ 79,315) Unchanged	€ 91,855 Balance sheet total 2025: € 91,855 ▼ 2% vs 2024 (€ 93,868) Unchanged	▼ 2%

Key figures of MUTANCO, 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 MUTANCO?

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

2031 OCEAN ROAD BV stepped down as director. NBB
2031 Magda Cappelle stepped down as director. NBB
Aug 27, 2026 New annual accounts for financial year 2025: loss of € 6,430. filed late Source: NBB ↗
2025 OCEAN ROAD BV became a director. NBB
2025 Magda Cappelle became a director. NBB
Jan 13, 1989 New establishment in Koksijde. KBO
Nov 4, 1988 Start of the company according to the CBE. KBO

In short

From € 18,676 loss in 2022 to € 6,430 loss in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

OCEAN ROAD BV

Director · represented by Nathalie Lecluyse

Also active at: SAIL IMMOBILIEN

since 2025 · until 2031

Magda Cappelle

Director

Also active at: OCEAN ROAD

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Huldelaan(Odk) 8

8670 Koksijde

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

Details

Company number: 0435.752.011
VAT number: BE 0435.752.011
Registered office: Huldelaan(Odk) 8, 8670 Koksijde
Names & denominations: MUTANCO
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 4 November 1988
Peppol: Active · Active since 18 Dec 2025

View on CBE Public ↗ Annual accounts (NBB) ↗

MUTANCO