Financials
Financial year 2025
MUSHI from Oostende, company number BE0847060220, closed financial year 2025 with a result of € 44,451 after tax. For that financial year MUSHI recorded a gross margin of € 170,189 and equity of € 261,288. Compared with financial year 2024, the result moved from € 32,963 to € 44,451. 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 January 27, 2026.
€ 261,288
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,451
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 174,772
▲ 53% 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 € 255,088.
People and assets in 2025
€ 99,822
▲ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 45,438
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,280
▲ 53% 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 | € 89,475 | € 104,674 | € 148,187 | € 170,189 | ▲ 15% |
| Profit after taxes | € 25,853 | € 32,627 | € 32,963 | € 44,451 | ▲ 35% |
| Equity | € 151,247 | € 183,874 | € 216,838 | € 261,288 | ▲ 20% |
| Total debts | € 105,544 | € 121,406 | € 62,129 | € 129,972 | ▲ 109% |
| Cash | € 30,759 | € 92,327 | € 114,383 | € 174,772 | ▲ 53% |
| Land & buildings | € 18,603 | € 14,637 | € 11,129 | € 7,708 | ▼ 31% |
| Retained profit | € 145,047 | € 177,674 | € 210,638 | € 255,088 | ▲ 21% |
| Bank debt | € 2,148 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 256,791 | € 305,281 | € 278,967 | € 391,261 | ▲ 40% |
Key figures of MUSHI, 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 MUSHI?
What happened at MUSHI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,451 (▲ 35% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Middelkerke. KBO
- Koenraad Vandenabeele became a director. NBB
In short
From € 25,853 profit in 2022 to € 44,451 profit in 2025.
Paid € 52,879 in corporate taxes since 2022.
Best year ever: 2025, with € 44,451 profit.
A new publication or filing at MUSHI? We notify you, reason included.
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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 MUSHI is Koenraad Vandenabeele. Koenraad Vandenabeele is also behind WESTBIKES and MOOSE CLOTHING.
Directors
According to the 2025 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Vlaanderenstraat 5
8400 Oostende
Koning Ridderdijk 4
8434 Middelkerke
Active since 1 July 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0847.060.220
- VAT number
- BE 0847.060.220
- Registered office
- Vlaanderenstraat 5, 8400 Oostende
- Names & denominations
- MUSHI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2012
- Peppol
- Active · Active since 17 Oct 2025
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in damesbovenkleding
Detailhandel in baby- en kinderbovenkleding
Detailhandel in herenbovenkleding
Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten