Financials
Financial year 2025
MUSE from Court-Saint-Etienne, company number BE0439567871, closed financial year 2025 with a result of € 85,331 after tax. For that financial year MUSE recorded a gross margin of € 136,200 and equity of € 328,164. Compared with financial year 2024, the result moved from € 76,174 to € 85,331. Profitable, and profit is growing. 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 March 31, 2026.
€ 328,164
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 85,331
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 385,444
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 54,545 paid out
64 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 21,998
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3,792
▼ 24% vs 2024
Loans from banks and other lenders, long and short.
€ 39,856
▲ € 31,550 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,939
▲ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 119,023 | € 114,956 | € 122,637 | € 136,200 | ▲ 11% |
| Profit after taxes | € 75,611 | € 64,352 | € 76,174 | € 85,331 | ▲ 12% |
| Equity | € 247,762 | € 266,659 | € 297,378 | € 328,164 | ▲ 10% |
| Total debts | € 82,929 | € 100,938 | € 83,451 | € 129,883 | ▲ 56% |
| Cash | € 267,698 | € 268,146 | € 311,193 | € 385,444 | ▲ 24% |
| Land & buildings | € 20,648 | € 17,495 | € 17,279 | € 17,789 | ▲ 3% |
| Retained profit | € 233,499 | € 252,396 | € 283,115 | € 313,901 | ▲ 11% |
| Dividend | € 40,000 | € 45,455 | € 45,455 | € 54,545 | ▲ 20% |
| Bank debt | € 5,041 | € 5,062 | € 5,014 | € 3,792 | ▼ 24% |
| Balance sheet total | € 330,691 | € 367,597 | € 380,829 | € 458,047 | ▲ 20% |
Key figures of MUSE, 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 MUSE?
What happened at MUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 85,331 (▲ 12% vs 2024). Source: NBB ↗
- Martine Henry became a director. NBB
- Jacques Moreau became a director. NBB
- New establishment in Court-Saint-Etienne. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,611 profit in 2022 to € 85,331 profit in 2025.
Paid € 150,811 in corporate taxes since 2022.
Best year ever: 2025, with € 85,331 profit.
Paid out € 185,455 in dividends to the owners in total.
Management
Behind MUSE are Martine Henry and Jacques Moreau.
Directors
According to the 2025 annual accounts
Martine Henry
Director
since 2016
Jacques Moreau
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Rue d'Heuval 8
1490 Court-Saint-Etienne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.567.871
- VAT number
- BE 0439.567.871
- Registered office
- Rue d'Heuval 8, 1490 Court-Saint-Etienne
- Names & denominations
- MUSE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1990
- Peppol
- Active · Active since 13 Aug 2026
- Contact
- [email protected] 0477617784
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