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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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mimuze from Kalmthout, company number BE0872378804, closed financial year 2025 with a result of € 5,002 after tax. For that financial year Mimuze recorded a gross margin of € 175,382 and equity of € 163,218. Compared with financial year 2024, the result moved from € -19,364 to € 5,002. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 163,218
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,002
▲ still € 19,364 loss in 2024
Profit after tax over the fiscal year.
€ 62,787
▼ 21% 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 € 52,618.
People and assets in 2025
1.6
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 61,559
▲ 20% vs 2024
€ 38,500 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.
€ 1,392
▼ 82% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 918,278
▼ 5% vs 2024
€ 55,033 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 89,777
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,358
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 196,223 | € 72,334 | € 139,638 | € 175,382 | ▲ 26% |
| Profit after taxes | € 46,271 | € -67,147 | € -19,364 | € 5,002 | ▲ € 24,366 |
| Equity | € 244,727 | € 177,580 | € 158,216 | € 163,218 | ▲ 3% |
| Total debts | € 1,189,422 | € 1,205,514 | € 1,172,014 | € 1,172,252 | |
| Cash | € 152,046 | € 57,524 | € 79,112 | € 62,787 | ▼ 21% |
| Land & buildings | € 818,100 | € 771,042 | € 723,985 | € 676,928 | ▼ 6% |
| Retained profit | € 134,127 | € 66,980 | € 47,616 | € 52,618 | ▲ 11% |
| Dividend | € 1,600 | € 0 | € 0 | € 0 | |
| Bank debt | € 986,552 | € 976,267 | € 961,842 | € 918,278 | ▼ 5% |
| Balance sheet total | € 1,434,149 | € 1,383,093 | € 1,330,230 | € 1,335,470 | |
| Employees (FTE) | - | 1.3 | 1.5 | 1.6 | ▲ 0.1 |
Key figures of Mimuze, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Mimuze?
What happened at Mimuze in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,002. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Kalmthout. KBO
In short
From € 46,271 profit in 2022 to € 5,002 profit in 2025.
Paid € 19,036 in corporate taxes since 2022.
Best year ever: 2022, with € 46,271 profit.
On average € 109,600 of value added per employee in 2025.
Management
Behind Mimuze are Mike Smeulders and Lindsay Benoodt. The shares are held by Mike Smeulders and Lindsay Benoodt.
Directors
According to the 2025 annual accounts
Mike Smeulders
Director
Is a shareholder
Lindsay Benoodt
Director
Is a shareholder
Shareholders
Mike Smeulders · director
Lindsay Benoodt · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brasschaatsteenweg (C) 268
2920 Kalmthout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0872.378.804
- VAT number
- BE 0872.378.804
- Registered office
- Brasschaatsteenweg (C) 268, 2920 Kalmthout
- Names & denominations
- Mimuze
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2005
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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