Financials
Financial year 2025
MULCO from Aalter, company number BE0825790692, closed financial year 2025 with a result of € 379,548 after tax. For that financial year MULCO recorded a gross margin of € 612,247 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 75,536 to € 379,548. Profitable, and profit is growing. 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 September 26, 2025.
€ 1.2 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 379,548
▲ € 304,012 vs 2024
Profit after tax over the fiscal year.
€ 160,476
▲ € 144,936 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 352,630 paid out
93 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 7,811
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 416,010
▼ 12% vs 2024
€ 51,086 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 5,143
▲ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,963
▲ 185% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 459,587 | € 413,013 | € 173,063 | € 612,247 | ▲ 254% |
| Profit after taxes | € 249,951 | € 243,591 | € 75,536 | € 379,548 | ▲ € 304,012 |
| Equity | € 894,580 | € 1,137,371 | € 1,212,106 | € 1,239,024 | ▲ 2% |
| Total debts | € 923,365 | € 849,413 | € 738,579 | € 681,866 | ▼ 8% |
| Cash | € 41,808 | € 69,432 | € 15,541 | € 160,476 | ▲ € 144,936 |
| Land & buildings | € 1,582,567 | € 1,544,337 | € 1,514,929 | € 1,475,423 | ▼ 3% |
| Retained profit | € 875,980 | € 1,118,771 | € 1,193,506 | € 1,220,424 | ▲ 2% |
| Dividend | € 186,700 | € 800 | € 800 | € 352,630 | ▲ € 351,830 |
| Bank debt | € 650,824 | € 549,926 | € 474,888 | € 416,010 | ▼ 12% |
| Balance sheet total | € 1,850,374 | € 2,018,227 | € 1,981,144 | € 1,950,363 | ▼ 2% |
Key figures of MULCO, 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 October 2026.
What happened to MULCO?
What happened at MULCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 379,548 (▲ € 304,012 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Aalter. KBO
- Francky Coppenolle became a director. NBB
In short
From € 249,951 profit in 2022 to € 379,548 profit in 2025.
Paid € 382,771 in corporate taxes since 2022.
Best year ever: 2025, with € 379,548 profit.
Paid out € 540,930 in dividends to the owners in total.
Management
Behind MULCO are Annick Mulier and Francky Coppenolle. Francky Coppenolle is also behind CURAVET.
Directors
According to the 2025 annual accounts
Annick Mulier
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Egypteveldstraat 27
9880 Aalter
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0825.790.692
- VAT number
- BE 0825.790.692
- Registered office
- Egypteveldstraat 27, 9880 Aalter
- Names & denominations
- MULCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 2010
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Veterinaire diensten
Activiteiten van holdings
Holdings