Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MUIDE from Gent, company number BE0828753647, closed financial year 2025 with a result of € -29,448 after tax. For that financial year MUIDE recorded a gross margin of € 16,179 and equity of € 258,949. Compared with financial year 2024, the result moved from € -20,576 to € -29,448. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 258,949
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,448
▼ 43 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,593
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -346,051.
Debts at end 2025
€ 99,601
▼ 16% vs 2024
€ 19,768 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,270
▲ € 1,192 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 57,706 | € 27,700 | € 25,821 | € 16,179 | ▼ 37% |
| Profit after taxes | € 7,851 | € -18,465 | € -20,576 | € -29,448 | ▼ € 8,872 |
| Equity | € 327,438 | € 308,974 | € 288,397 | € 258,949 | ▼ 10% |
| Total debts | € 438,105 | € 434,160 | € 414,681 | € 411,662 | ▼ 1% |
| Cash | € 10,086 | € 11,111 | € 3,621 | € 3,593 | ▼ 1% |
| Land & buildings | € 687,939 | € 675,975 | € 654,162 | € 632,348 | ▼ 3% |
| Retained profit | € -277,562 | € -296,026 | € -316,603 | € -346,051 | ▼ € 29,448 |
| Bank debt | € 154,264 | € 136,419 | € 118,574 | € 99,601 | ▼ 16% |
| Balance sheet total | € 765,543 | € 743,134 | € 703,078 | € 670,611 | ▼ 5% |
Key figures of MUIDE, 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.
What happened to MUIDE?
What happened at MUIDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,448. filed late Source: NBB ↗
- Gus Neirynck became a director. NBB
- Pim Neirynck became a director. NBB
- Dirk Neirynck became a director. NBB
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 7,851 profit in 2022 to € 29,448 loss in 2025.
Best year ever: 2022, with € 7,851 profit.
Management
Behind MUIDE are Gus Neirynck, Pim Neirynck and Dirk Neirynck.
Directors
According to the 2025 annual accounts
Gus Neirynck
Director
since 2023
Pim Neirynck
Director
since 2023
Dirk Neirynck
Managing director
since 2023
Establishments
Establishment units
Physical locations of this company
Millinocketstraat 42
9000 Gent
Dok-Noord 19
9000 Gent
Active since 17 September 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- NEIRYNCK Sam(oprichter) 33.3%
- NEIRYNCK Pim(oprichter) 33.3%
- NEIRYNCK Gus(oprichter) 33.3%
Details
- Company number
- 0828.753.647
- VAT number
- BE 0828.753.647
- Registered office
- Millinocketstraat 42, 9000 Gent
- Names & denominations
- MUIDE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 2010
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
Handel in eigen onroerend goed