Financials
Financial year 2025
Mu.ZEE - Kunstmuseum aan Zee, from Oostende, company number BE0825383589, closed financial year 2025 with a result of € 916 after tax. For that financial year Mu.ZEE - Kunstmuseum aan Zee, recorded a gross margin of € 3.9 million and equity of € 11 million. Compared with financial year 2024, the result moved from € 805,804 to € 916. 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 March 25, 2026.
€ 11 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 916
▼ € 804,889 vs 2024
Profit after tax over the fiscal year.
€ 2.6 million
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
30.2
▼ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
€ 109,700 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.
€ 6 million
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 299,908
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 399,533
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,715,575 | € 3,465,506 | € 4,618,203 | € 3,931,137 | ▼ 15% |
| Profit after taxes | € -564,987 | € 958,154 | € 805,804 | € 916 | ▼ € 804,889 |
| Equity | € 6,112,870 | € 7,432,222 | € 10,702,271 | € 10,954,963 | ▲ 2% |
| Total debts | € 1,186,961 | € 1,508,624 | € 1,319,151 | € 1,468,077 | ▲ 11% |
| Cash | € 125,354 | € 262,541 | € 1,938,379 | € 2,568,923 | ▲ 33% |
| Land & buildings | - | - | € 809,308 | € 786,246 | ▼ 3% |
| Retained profit | € 1,545,365 | € 2,503,519 | € 5,094,381 | € 5,095,296 | |
| Balance sheet total | € 7,299,832 | € 8,940,846 | € 12,021,422 | € 12,801,460 | ▲ 6% |
| Employees (FTE) | 30 | 31.4 | 33.3 | 30.2 | ▼ 3.1 |
By gross margin, Mu.ZEE - Kunstmuseum aan Zee, ranks 1st of 8 companies with main activity “Activiteiten van musea en collecties” in West Flanders that publish figures (fiscal year 2025).
Key figures of Mu.ZEE - Kunstmuseum aan Zee,, 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.
Ask about Mu.ZEE - Kunstmuseum aan Zee, the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Mu.ZEE - Kunstmuseum aan Zee,?
What happened at Mu.ZEE - Kunstmuseum aan Zee, in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 916 (▼ € 804,889 vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 564,987 loss in 2022 to € 916 profit in 2025.
Paid € 63,160 in corporate taxes since 2022.
Best year ever: 2023, with € 958,154 profit.
On average € 130,200 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Romestraat 11
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0825.383.589
- VAT number
- BE 0825.383.589
- Registered office
- Romestraat 11, 8400 Oostende
- Names & denominations
- Mu.ZEE - Kunstmuseum aan Zee, · Mu.ZEE
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 29 March 2010
- Peppol
- Active · Active since 18 Mar 2026
- Activities · NACE
Activiteiten van musea en collecties
Musea
Creatie van beeldende kunsten
Ondersteunende activiteiten voor scheppende kunsten