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 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MUSKAAN from Olen, company number BE0875315726, closed financial year 2025 with a result of € 33,562 after tax. For that financial year MUSKAAN recorded a gross margin of € 121,021 and equity of € 195,702. Compared with financial year 2024, the result moved from € 5,479 to € 33,562. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 195,702
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,562
▲ € 28,084 vs 2024
Profit after tax over the fiscal year.
€ 18,538
▲ 103% 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 € 177,102.
People and assets in 2025
€ 29,722
▼ 72% 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.
€ 5,600
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 738,696
▼ 8% vs 2024
€ 53,000 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 17,567
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,482
▲ 110% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 12,903 | € 134,101 | € 155,490 | € 121,021 | ▼ 22% |
| Profit after taxes | € -2,176 | € 7,949 | € 5,479 | € 33,562 | ▲ € 28,084 |
| Equity | € 148,713 | € 156,662 | € 162,140 | € 195,702 | ▲ 21% |
| Total debts | € 15,173 | € 437,323 | € 1,021,790 | € 922,000 | ▼ 10% |
| Cash | € 1,308 | € 2,372 | € 9,140 | € 18,538 | ▲ 103% |
| Land & buildings | € 153,000 | € 543,000 | € 1,126,819 | € 1,090,565 | ▼ 3% |
| Retained profit | € 130,113 | € 138,062 | € 143,540 | € 177,102 | ▲ 23% |
| Bank debt | € 0 | € 340,455 | € 807,236 | € 738,696 | ▼ 8% |
| Balance sheet total | € 163,886 | € 593,985 | € 1,183,930 | € 1,117,702 | ▼ 6% |
Key figures of MUSKAAN, 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 MUSKAAN?
What happened at MUSKAAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,562 (▲ € 28,084 vs 2024). filed late Source: NBB ↗
- New establishment in Olen. KBO
- Jagmit Singh became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,176 loss in 2022 to € 33,562 profit in 2025.
Paid € 19,730 in corporate taxes since 2022.
Best year ever: 2025, with € 33,562 profit.
Management
Behind MUSKAAN are Jagmit Singh and Sandeep Kaur. The same people are also behind QISMAT. Jagmit Singh is also behind Manjot.
Establishments
Establishment units
Physical locations of this company
Dorp 44
2250 Olen
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
- 0875.315.726
- VAT number
- BE 0875.315.726
- Registered office
- Dorp 44, 2250 Olen
- Names & denominations
- MUSKAAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 July 2005
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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