Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MUNTERS & BOSTANCI from Elsene, company number BE0830449761, closed financial year 2025 with a result of € 17,716 after tax. For that financial year MUNTERS & BOSTANCI recorded a gross margin of € 22,029 and equity of € -27,949. Compared with financial year 2024, the result moved from € 22,878 to € 17,716. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ -27,949
▲ € 17,083 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,716
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 43,335
▲ 155% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -46,804.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 26,125
▲ € 25,726 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,807
▲ 19% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,078 | € -7,838 | € 26,808 | € 22,029 | ▼ 18% |
| Profit after taxes | € -7,968 | € -12,571 | € 22,878 | € 17,716 | ▼ 23% |
| Equity | € -56,278 | € -67,276 | € -45,031 | € -27,949 | ▲ € 17,083 |
| Total debts | € 237,563 | € 238,689 | € 229,474 | € 239,441 | ▲ 4% |
| Cash | € 20,641 | € 8,225 | € 16,974 | € 43,335 | ▲ 155% |
| Retained profit | € -74,828 | € -87,398 | € -64,520 | € -46,804 | ▲ € 17,716 |
| Balance sheet total | € 181,285 | € 171,806 | € 184,678 | € 211,569 | ▲ 15% |
Key figures of MUNTERS & BOSTANCI, 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 MUNTERS & BOSTANCI?
What happened at MUNTERS & BOSTANCI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,716 (▼ 23% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
- Diran Bostanci became a director. NBB
- Munters Axel became a director. NBB
In short
From € 7,968 loss in 2022 to € 17,716 profit in 2025.
Paid € 1,215 in corporate taxes since 2022.
Best year ever: 2024, with € 22,878 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MUNTERS & BOSTANCI are Diran Bostanci and Munters Axel. The shares are held by Diran Bostanci and Munters Axel.
Directors
According to the 2025 annual accounts
Diran Bostanci
Director
Is a shareholder
since 2010
Munters Axel
Director
Is a shareholder
since 2010
Shareholders
Diran Bostanci · director
Munters Axel · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 40
1050 Elsene
Gulden-Vlieslaan 40 box 42
1050 Elsene
Active since 13 October 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Domain
Domain
muntersbostanci.com
Registered
2010-12-02
Registrar
OVH, SAS
Expires
2026-12-02
Website info
Features
Security
Details
- Company number
- 0830.449.761
- VAT number
- BE 0830.449.761
- Registered office
- Louizalaan 40, 1050 Elsene
- Names & denominations
- MUNTERS & BOSTANCI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2010
- Peppol
- Active · Active since 11 Dec 2025
- Contact
- muntersbostanci.com +32 2-330 28 68
- Activities · NACE
Vervaardiging van imitatiesieraden en dergelijke artikelen
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Detailhandel in souvenirs en religieuze artikelen
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