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 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MUDERI from Ninove, company number BE0458259672, closed financial year 2025 with a result of € 4,587 after tax. For that financial year MUDERI recorded a gross margin of € 103,285 and equity of € 91,113. Compared with financial year 2024, the result moved from € -49,155 to € 4,587. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ 91,113
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,587
▲ still € 49,155 loss in 2024
Profit after tax over the fiscal year.
€ 12,624
▼ 31% 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 € -78,887.
People and assets in 2025
€ 39,129
▼ 34% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 96,089
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 77,304
▼ 20% vs 2024
€ 20,500 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 6,253
▲ 196% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,755
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 137,062 | € 37,521 | € 56,240 | € 103,285 | ▲ 84% |
| Profit after taxes | € 43,199 | € -29,069 | € -49,155 | € 4,587 | ▲ € 53,741 |
| Equity | € 164,749 | € 135,681 | € 86,526 | € 91,113 | ▲ 5% |
| Total debts | € 153,092 | € 162,535 | € 363,920 | € 314,652 | ▼ 14% |
| Cash | € 16,056 | € 22,881 | € 18,305 | € 12,624 | ▼ 31% |
| Land & buildings | € 275,487 | € 261,014 | € 239,969 | € 218,924 | ▼ 9% |
| Retained profit | € -5,251 | € -34,319 | € -83,474 | € -78,887 | ▲ € 4,587 |
| Bank debt | € 4,776 | € 0 | € 97,020 | € 77,304 | ▼ 20% |
| Balance sheet total | € 317,841 | € 298,216 | € 450,446 | € 405,765 | ▼ 10% |
Key figures of MUDERI, 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 MUDERI?
What happened at MUDERI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,587. filed late Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,199 profit in 2022 to € 4,587 profit in 2025.
Paid € 3,108 in corporate taxes since 2022.
Best year ever: 2022, with € 43,199 profit.
Management
Behind MUDERI are PHILIP MUYS and KATHLEEN DE RYCK.
Directors
According to the 2025 annual accounts
PHILIP MUYS
Managing director
KATHLEEN DE RYCK
Director
Establishments
Establishment units
Physical locations of this company
Geraardsbergsesteenweg(Ned) 532
9400 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.259.672
- VAT number
- BE 0458.259.672
- Registered office
- Geraardsbergsesteenweg(Ned) 532, 9400 Ninove
- Names & denominations
- MUDERI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 1996
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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