Financials
Financial year 2025
Mulco Sales from Damme, company number BE0701751151, closed financial year 2025 with a result of € 22,711 after tax. For that financial year Mulco Sales recorded a gross margin of € 49,688 and equity of € 460,520. Compared with financial year 2024, the result moved from € 100,679 to € 22,711. 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 January 30, 2026.
€ 460,520
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,711
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 154,323
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,333 paid out
6 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 8,379
▲ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 162,329
▼ 6% vs 2024
€ 9,747 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 127,158
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 150,529 | € 252,201 | € 192,464 | € 49,688 | ▼ 74% |
| Profit after taxes | € 102,655 | € 172,924 | € 100,679 | € 22,711 | ▼ 77% |
| Equity | € 176,340 | € 348,464 | € 439,142 | € 460,520 | ▲ 5% |
| Total debts | € 170,196 | € 196,612 | € 287,451 | € 292,161 | ▲ 2% |
| Cash | € 220,509 | € 391,952 | € 386,926 | € 154,323 | ▼ 60% |
| Land & buildings | - | - | € 235,062 | € 229,971 | ▼ 2% |
| Retained profit | € 157,740 | € 329,864 | € 420,542 | € 441,920 | ▲ 5% |
| Dividend | € 800 | € 800 | € 10,000 | € 1,333 | ▼ 87% |
| Bank debt | € 12,000 | € 0 | € 172,476 | € 162,329 | ▼ 6% |
| Balance sheet total | € 346,536 | € 545,075 | € 726,593 | € 752,681 | ▲ 4% |
Key figures of Mulco Sales, 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 Mulco Sales?
What happened at Mulco Sales in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,711 (▼ 77% vs 2024). Source: NBB ↗
- New establishment in Damme. KBO
- Piet-Jan Mulier became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 102,655 profit in 2022 to € 22,711 profit in 2025.
Paid € 169,225 in corporate taxes since 2022.
Best year ever: 2023, with € 172,924 profit.
Paid out € 12,933 in dividends to the owners in total.
Management
Behind Mulco Sales is Piet-Jan Mulier.
Directors
According to the 2025 annual accounts
Piet-Jan Mulier
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Noordstraat 2
8340 Damme
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0701.751.151
- VAT number
- BE 0701.751.151
- Registered office
- Noordstraat 2, 8340 Damme
- Names & denominations
- Mulco Sales
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 2018
- Peppol
- Active · Active since 27 May 2025
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel