Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Electro Hermans-Mullens from Houthalen-Helchteren, company number BE0652791687, closed financial year 2025 with a result of € 72,710 after tax. For that financial year Electro Hermans-Mullens recorded a gross margin of € 335,445 and equity of € 650,225. Compared with financial year 2024, the result moved from € 107,571 to € 72,710. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 650,225
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 72,710
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 81,641
▲ € 70,971 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 94,118 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 56,436
▲ 5% vs 2024
€ 28,200 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.
€ 133,297
▲ 53% vs 2024
Of which on lease € 8,561.
Debts at end 2025
€ 1.7 million
▼ 5% vs 2024
€ 146,944 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 14,179
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,384
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 283,259 | € 382,762 | € 355,773 | € 335,445 | ▼ 6% |
| Profit after taxes | € 46,210 | € 131,110 | € 107,571 | € 72,710 | ▼ 32% |
| Equity | € 527,070 | € 658,180 | € 671,633 | € 650,225 | ▼ 3% |
| Total debts | € 2,536,914 | € 2,304,733 | € 2,148,567 | € 2,056,059 | ▼ 4% |
| Cash | € 39,614 | € 59,445 | € 10,670 | € 81,641 | ▲ € 70,971 |
| Land & buildings | € 2,506,619 | € 2,403,236 | € 2,299,853 | € 2,196,471 | ▼ 4% |
| Retained profit | € 477,070 | € 608,180 | € 621,633 | € 600,225 | ▼ 3% |
| Dividend | € 0 | € 0 | € 94,118 | € 94,118 | |
| Bank debt | € 2,449,693 | € 1,905,981 | € 1,784,707 | € 1,689,000 | ▼ 5% |
| Balance sheet total | € 3,063,984 | € 2,962,912 | € 2,820,200 | € 2,706,284 | ▼ 4% |
| Employees (FTE) | 1 | 1 | 1.1 | 2 | ▲ 0.9 |
Key figures of Electro Hermans-Mullens, 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 Electro Hermans-Mullens?
What happened at Electro Hermans-Mullens in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 72,710 (▼ 32% vs 2024). Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
- MIRANDA HERMANS became a director. NBB
- GERDA MULLENS became a director. NBB
In short
From € 46,210 profit in 2022 to € 72,710 profit in 2025.
Paid € 120,456 in corporate taxes since 2022.
Best year ever: 2023, with € 131,110 profit.
On average € 167,700 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
Behind Electro Hermans-Mullens are MIRANDA HERMANS and GERDA MULLENS. The same people are also behind ELECTRO HERMANS - MULLENS.
Directors
According to the 2025 annual accounts
since 2016
since 2016
Establishments
Establishment units
Physical locations of this company
Grote Baan 3 box 1
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0652.791.687
- VAT number
- BE 0652.791.687
- Registered office
- Grote Baan 3 bus 1, 3530 Houthalen-Helchteren
- Names & denominations
- Electro Hermans-Mullens
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2016
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in elektrische huishoudapparaten
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Detailhandel in verlichtingsartikelen in gespecialiseerde winkels