Active · per the CBE, 30 September 2026

MUSTANGO FALLS

BE0477721535

Rechtspersoon Private limited company 2 establishments

MUSTANGO FALLS is an advertising agency in Ukkel. Private Limited, started on 10 June 2002, 2 establishments.

De Frélaan 38E, 1180 Ukkel

Behind the company: THIERRY CHONGLEZ.

Active for

24 year, 3 months

Financials

Financial year 2025

MUSTANGO FALLS from Ukkel, company number BE0477721535, closed financial year 2025 with a result of € 5,615 after tax. For that financial year MUSTANGO FALLS recorded a gross margin of € 28,331 and equity of € 365,050. Compared with financial year 2024, the result moved from € 212,844 to € 5,615. 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 February 27, 2026.

What it is worth Growing

€ 365,050

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 5,615

▼ 97% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 230,047

▼ 5% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 5,000 paid out

89 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

0.8

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 19,208

▼ 65% 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.

Vehicles and equipment

€ 5,267

▼ 29% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 16 years to go

€ 135,871

▼ 19% vs 2024

€ 8,656 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.

Owed to suppliers

€ 1,881

▼ 53% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 26,650

▼ 49% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220242025Change 2024 → 2025
Gross margin € 142,857 € 144,871 € 210,898 € 28,331 ▼ 87%
Profit after taxes € 66,550 € 73,755 € 212,844 € 5,615 ▼ 97%
Equity € 117,836 € 176,590 € 364,435 € 365,050
Total debts € 352,529 € 298,134 € 239,054 € 169,152 ▼ 29%
Cash € 84,419 € 99,424 € 242,260 € 230,047 ▼ 5%
Land & buildings € 45,375 € 41,569 - € 15,471
Retained profit € 99,236 € 157,990 € 345,835 € 346,450
Dividend € 15,000 € 15,000 € 25,000 € 5,000 ▼ 80%
Bank debt € 316,153 € 274,650 € 168,136 € 135,871 ▼ 19%
Balance sheet total € 470,365 € 474,724 € 603,489 € 534,202 ▼ 11%
Employees (FTE) - - - 0.8

Key figures of MUSTANGO FALLS, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to MUSTANGO FALLS?

What happened at MUSTANGO FALLS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 5,615 (▼ 97% vs 2024). filed late Source: NBB ↗
  • New establishment in Ukkel. KBO
  • New establishment in Ukkel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 66,550 profit in 2021 to € 5,615 profit in 2025.

Paid € 160,725 in corporate taxes since 2021.

Best year ever: 2024, with € 212,844 profit.

Paid out € 60,000 in dividends to the owners in total.

Management

THIERRY CHONGLEZ
MUSTANGO FALLS

Behind MUSTANGO FALLS is THIERRY CHONGLEZ.

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Directors

According to the 2025 annual accounts

THIERRY CHONGLEZ

Director

Establishments

Establishment units

Physical locations of this company

Registered office

De Frélaan 38E

1180 Ukkel

2.099.100.190

De Frélaan 38 box C

1180 Ukkel

Active since 1 July 2002

2.356.109.412

De Frélaan 38e

1180 Ukkel

Active since 28 September 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
0477.721.535
VAT number
BE 0477.721.535
Registered office
De Frélaan 38E, 1180 Ukkel
Names & denominations
MUSTANGO FALLS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
10 June 2002
Peppol
Active · Active since 10 Dec 2025
Activities · NACE

Activiteiten van reclamebureaus

Publiciteitsagentschappen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Organisatie van congressen en beurzen

Organisatie van salons, tentoonstellingen en beurzen

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Frequently asked questions

What does MUSTANGO FALLS do?
MUSTANGO FALLS is an advertising agency in Ukkel. Private Limited, started on 10 June 2002, 2 establishments.
What is the address of MUSTANGO FALLS?
The registered office of MUSTANGO FALLS is located at De Frélaan 38E, 1180 Ukkel.
Is MUSTANGO FALLS still active?
Yes. According to the CBE (30 September 2026) MUSTANGO FALLS is active, legal situation “Normale toestand”, started on 10 June 2002.
Is MUSTANGO FALLS registered on Peppol?
Yes, MUSTANGO FALLS is registered on the Peppol network with ID 0208:0477721535.
What is the enterprise number of MUSTANGO FALLS?
The enterprise number of MUSTANGO FALLS is BE0477721535.
When was MUSTANGO FALLS founded?
MUSTANGO FALLS was founded on 10 June 2002.