Financials
Financial year 2025
MUGHAL from Brussel, company number BE0447033705, closed financial year 2025 with a result of € 294,985 after tax. For that financial year MUGHAL recorded a gross margin of € 741,900 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 427,539 to € 294,985. 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 August 29, 2026.
€ 1.5 million
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 294,985
▼ 31% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 34% 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 € 1.5 million.
People and assets in 2025
3.6
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 162,486
▼ 5% vs 2024
€ 45,100 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.
Debts at end 2025
€ 928,059
▼ 13% vs 2024
€ 144,620 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 33,175
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 170,298
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 710,728 | € 845,797 | € 963,124 | € 741,900 | ▼ 23% |
| Profit after taxes | € 351,590 | € 323,089 | € 427,539 | € 294,985 | ▼ 31% |
| Equity | € 502,384 | € 825,473 | € 1,253,012 | € 1,547,996 | ▲ 24% |
| Total debts | € 2,697,444 | € 2,661,104 | € 2,562,777 | € 2,311,137 | ▼ 10% |
| Cash | € 628,634 | € 1,064,612 | € 1,350,654 | € 1,807,687 | ▲ 34% |
| Land & buildings | € 2,058,316 | € 1,976,617 | € 1,894,917 | € 1,813,217 | ▼ 4% |
| Retained profit | € 483,792 | € 805,021 | € 1,232,561 | € 1,527,545 | ▲ 24% |
| Bank debt | € 1,454,595 | € 1,263,503 | € 1,069,480 | € 928,059 | ▼ 13% |
| Balance sheet total | € 3,199,828 | € 3,486,576 | € 3,815,789 | € 3,859,134 | ▲ 1% |
| Employees (FTE) | - | - | 3.8 | 3.6 | ▼ 0.2 |
Key figures of MUGHAL, 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 MUGHAL?
What happened at MUGHAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 294,985 (▼ 31% vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 351,590 profit in 2022 to € 294,985 profit in 2025.
Paid € 355,556 in corporate taxes since 2022.
Best year ever: 2024, with € 427,539 profit.
On average € 206,100 of value added per employee 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
Directors
According to the 2025 annual accounts
IMRAN IQBAL MIRZA
Associate
Establishments
Establishment units
Physical locations of this company
Antoine Dansaertstraat 11
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.033.705
- VAT number
- BE 0447.033.705
- Registered office
- Antoine Dansaertstraat 11, 1000 Brussel
- Names & denominations
- MUGHAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1992
- Peppol
- Active · Active since 2 Mar 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant