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.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BUSINESS EXPORT MUBARAK from Merelbeke-Melle, company number BE0448539579, closed financial year 2025 with a result of € 1,816 after tax. For that financial year BUSINESS EXPORT MUBARAK recorded a gross margin of € 3,123 and equity of € -54,581. Compared with financial year 2024, the result moved from € 2,761 to € 1,816. The company is profitable. 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 26, 2026.
€ -54,581
▲ € 1,816 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,816
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 727
▲ 7% 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 € -72,881.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 123
▼ 23% vs 2024
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 | € 5,113 | € 3,343 | € 3,659 | € 3,123 | ▼ 15% |
| Profit after taxes | € 4,775 | € 2,631 | € 2,761 | € 1,816 | ▼ 34% |
| Equity | € -61,788 | € -59,157 | € -56,396 | € -54,581 | ▲ € 1,816 |
| Total debts | € 63,553 | € 62,998 | € 57,476 | € 56,050 | ▼ 2% |
| Cash | € 237 | € 2,174 | € 681 | € 727 | ▲ 7% |
| Retained profit | € -80,088 | € -77,457 | € -74,696 | € -72,881 | ▲ € 1,816 |
| Bank debt | € 394 | € 574 | € 0 | € 0 | |
| Balance sheet total | € 1,765 | € 3,841 | € 1,080 | € 1,469 | ▲ 36% |
Key figures of BUSINESS EXPORT MUBARAK, 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 BUSINESS EXPORT MUBARAK?
What happened at BUSINESS EXPORT MUBARAK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,816 (▼ 34% vs 2024). filed late Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Musbah Mubarak became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,775 profit in 2022 to € 1,816 profit in 2025.
Paid € 2 in corporate taxes since 2022.
Best year ever: 2022, with € 4,775 profit.
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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 BUSINESS EXPORT MUBARAK is Musbah Mubarak.
Directors
According to the 2025 annual accounts
Musbah Mubarak
Director
since 1992
Establishments
Establishment units
Physical locations of this company
Olfkenskouterlaan 24
9090 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.539.579
- VAT number
- BE 0448.539.579
- Registered office
- Olfkenskouterlaan 24, 9090 Merelbeke-Melle
- Names & denominations
- BUSINESS EXPORT MUBARAK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 1992
- Peppol
- Active · Active since 21 Feb 2026
- Activities · NACE
Verhuur en lease van textiel, kleding, sieraden en schoeisel