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 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MUZELLE from Mouscron, company number BE0678525589, closed financial year 2025 with a result of € 70,814 after tax. For that financial year MUZELLE recorded a gross margin of € 134,597 and equity of € 119,952. Compared with financial year 2024, the result moved from € -14,037 to € 70,814. 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 February 27, 2026.
€ 119,952
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,814
▲ still € 14,037 loss in 2024
Profit after tax over the fiscal year.
€ 8,015
▲ € 7,950 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 67,000 paid out
95 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 79,871
▲ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 366,051
▲ 2% vs 2024
€ 53,236 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 84
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,906
▲ 60% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 83,067 | € 50,484 | € 75,265 | € 134,597 | ▲ 79% |
| Profit after taxes | € 13,790 | € 79,898 | € -14,037 | € 70,814 | ▲ € 84,851 |
| Equity | € 50,277 | € 130,175 | € 116,138 | € 119,952 | ▲ 3% |
| Total debts | € 761,250 | € 439,453 | € 443,988 | € 502,360 | ▲ 13% |
| Cash | € 8,865 | € 14,367 | € 65 | € 8,015 | ▲ € 7,950 |
| Land & buildings | € 626,260 | € 357,056 | € 347,772 | € 338,489 | ▼ 3% |
| Retained profit | € 31,677 | € 111,575 | € 97,538 | € 101,352 | ▲ 4% |
| Dividend | € 0 | € 0 | € 0 | € 67,000 | |
| Bank debt | € 743,868 | € 400,228 | € 360,060 | € 366,051 | ▲ 2% |
| Balance sheet total | € 811,527 | € 569,628 | € 560,126 | € 622,313 | ▲ 11% |
Key figures of MUZELLE, fiscal years 2022 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 MUZELLE?
What happened at MUZELLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 70,814. filed late Source: NBB ↗
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,790 profit in 2022 to € 70,814 profit in 2025.
Paid € 72,754 in corporate taxes since 2022.
Best year ever: 2023, with € 79,898 profit.
Paid out € 67,000 in dividends to the owners in total.
A new publication or filing at MUZELLE? We notify you, reason included.
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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
Establishments
Establishment units
Physical locations of this company
Pelgrimsstraat 31
7700 Mouscron
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
- 0678.525.589
- VAT number
- BE 0678.525.589
- Registered office
- Pelgrimsstraat 31, 7700 Mouscron
- Names & denominations
- MUZELLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 2017
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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