Active · per the CBE, 31 October 2026

ATELIER M.U.G.

BE0681408172

Rechtspersoon Private limited company 1 establishment

ATELIER M.U.G. is a metalworking company in Grâce-Hollogne. Private Limited, started on 14 September 2017, 1 establishment.

Rue Paul Janson 89, 4460 Grâce-Hollogne

Behind the company: Ruslan AGAPI, Svetlana AGAPI.

Active for

9 year, 1 month

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 10 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ATELIER M.U.G. from Grâce-Hollogne, company number BE0681408172, closed financial year 2025 with a result of € 102,128 after tax. For that financial year ATELIER M.U.G. recorded a gross margin of € 159,266 and equity of € 382,363. Compared with financial year 2024, the result moved from € 115,238 to € 102,128. 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 23, 2026.

What it is worth Growing

€ 382,363

▲ 29% vs 2024

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

Profit Healthy

€ 102,128

▼ 11% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 35,077

▲ 21% vs 2024

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

Where the profit goes Pays out

€ 15,789 paid out

15 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 2,665

▲ 29% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 122,162

▼ 44% vs 2024

€ 40,226 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 8,323

▲ 15% vs 2024

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

Taxes and wages

€ 24,924

▲ 83% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 67,614 € 80,800 € 162,262 € 159,266 ▼ 2%
Profit after taxes € 44,114 € 57,049 € 115,238 € 102,128 ▼ 11%
Equity € 123,737 € 180,786 € 296,024 € 382,363 ▲ 29%
Total debts € 206,490 € 723,110 € 621,394 € 568,911 ▼ 8%
Cash € 12,842 € 9,800 € 29,089 € 35,077 ▲ 21%
Retained profit € 105,137 € 162,186 € 277,424 € 363,763 ▲ 31%
Dividend € 0 € 0 € 0 € 15,789
Bank debt € 159,966 € 295,346 € 217,096 € 122,162 ▼ 44%
Balance sheet total € 330,227 € 903,896 € 917,418 € 951,274 ▲ 4%

Key figures of ATELIER M.U.G., 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 April 2027.

What happened to ATELIER M.U.G.?

What happened at ATELIER M.U.G. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 102,128 (▼ 11% vs 2024). Source: NBB ↗
  • Ruslan AGAPI became a director. NBB
  • Svetlana AGAPI became a director. NBB
  • New establishment in Grâce-Hollogne. KBO
  • Start of the company according to the CBE. KBO

In short

From € 44,114 profit in 2022 to € 102,128 profit in 2025.

Paid € 103,566 in corporate taxes since 2022.

Best year ever: 2024, with € 115,238 profit.

Paid out € 15,789 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Ruslan AGAPI
Svetlana AGAPI
ATELIER M.U.G.
M.U. G 100%

Behind ATELIER M.U.G. are Ruslan AGAPI and Svetlana AGAPI. It owns 100% of M.U. G itself.

Directors

According to the 2025 annual accounts

Ruslan AGAPI

Director

since 2022

Svetlana AGAPI

Managing director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Paul Janson 89

4460 Grâce-Hollogne

2.267.683.222

Rue Paul Janson 87

4460 Grâce-Hollogne

Active since 14 September 2017

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 →

M.U.G. same network

€ 300,708 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0681.408.172
VAT number
BE 0681.408.172
Registered office
Rue Paul Janson 89, 4460 Grâce-Hollogne
Names & denominations
ATELIER M.U.G.
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
14 September 2017
Peppol
Active · Active since 20 Oct 2025
Activities · NACE

Verspanend bewerken van metalen

Vervaardiging van overige producten van metaal, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does ATELIER M.U.G. do?
ATELIER M.U.G. is a metalworking company in Grâce-Hollogne. Private Limited, started on 14 September 2017, 1 establishment.
What is the address of ATELIER M.U.G.?
The registered office of ATELIER M.U.G. is located at Rue Paul Janson 89, 4460 Grâce-Hollogne.
Is ATELIER M.U.G. still active?
Yes. According to the CBE (31 October 2026) ATELIER M.U.G. is active, legal situation “Normale toestand”, started on 14 September 2017.
Is ATELIER M.U.G. registered on Peppol?
Yes, ATELIER M.U.G. is registered on the Peppol network with ID 0208:0681408172.
What is the enterprise number of ATELIER M.U.G.?
The enterprise number of ATELIER M.U.G. is BE0681408172.
When was ATELIER M.U.G. founded?
ATELIER M.U.G. was founded on 14 September 2017.