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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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Annual account missing NBB
Fiscal year 2025 was expected before 31 October 2025 and has not been filed.
Financials
Financial year 2024
MUNO from Zottegem, company number BE0458271253, closed financial year 2024 with a result of € 525,414 after tax. For that financial year MUNO recorded revenue of € 472,350 and equity of € 9 million. Compared with financial year 2023, the result moved from € 95,565 to € 525,414. 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 October 11, 2024.
€ 9 million
▲ 6% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 525,414
▲ € 429,849 vs 2023
Profit after tax over the fiscal year.
€ 17,007
▲ 159% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 542,407.
People and assets in 2024
2
▲ 1.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 347,351
▲ € 283,569 vs 2023
€ 173,700 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.
€ 36,237
▼ 21% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.1 million
▼ 33% vs 2023
€ 353,570 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 11,852
▲ 77% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.
€ 77,232
▲ 52% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 240,965 | € 284,008 | € 472,350 | ▲ 66% |
| Profit after taxes | € -75,342 | € 95,565 | € 525,414 | ▲ € 429,849 |
| Equity | € 8,435,021 | € 8,515,585 | € 9,030,999 | ▲ 6% |
| Total debts | € 3,546,990 | € 3,269,917 | € 2,223,791 | ▼ 32% |
| Cash | € 18,076 | € 6,555 | € 17,007 | ▲ 159% |
| Retained profit | € -53,571 | € 26,993 | € 542,407 | ▲ € 515,414 |
| Bank debt | € 3,542,264 | € 3,188,694 | € 2,124,708 | ▼ 33% |
| Balance sheet total | € 11,982,011 | € 11,785,502 | € 11,254,791 | ▼ 5% |
| Employees (FTE) | - | 0.4 | 2 | ▲ 1.6 |
Key figures of MUNO, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 October 2025.
What happened to MUNO?
What happened at MUNO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 525,414 (▲ € 429,849 vs 2023). Source: NBB ↗
- New establishment in Ieper. KBO
- Geert Mertens became a director. NBB
- Marie-Christine Forrez became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 75,342 loss in 2022 to € 525,414 profit in 2024.
Paid € 16,742 in corporate taxes since 2022.
Best year ever: 2024, with € 525,414 profit.
Pays suppliers within 48 days on average.
Management
Behind MUNO are Geert Mertens and Marie-Christine Forrez. It owns 100% of Benvelc itself.
Directors
According to the 2024 annual accounts
Geert Mertens
Director
Also active at: SPACERENT, WEVANO, FORREZ INTERNATIONAL, PNEUS FORREZ, X PNEUS, FORREZ WALLONIE, Forrez Services
since 2021
Marie-Christine Forrez
Director
Also active at: SPACERENT, FORREZ INTERNATIONAL, PNEUS FORREZ, X PNEUS, FORREZ WALLONIE
since 2021
Establishments
Establishment units
Physical locations of this company
Ballingsweg 16
9620 Zottegem
Sint-Krispijnstraat 2
8900 Ieper
Active since 1 January 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.271.253
- VAT number
- BE 0458.271.253
- Registered office
- Ballingsweg 16, 9620 Zottegem
- Names & denominations
- MUNO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 1996
- Peppol
- Active · Active since 29 Sept 2026
- Activities · NACE
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