ACTIVE

E. Müllendorff

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Financial year 2025 · closed on 31/12/2025

Net result

98,1 k €

+9.3% YoY

Gross margin

141,5 k €

-3.4% YoY

Equity

188,3 k €

-50.5% YoY

What does E. Müllendorff do?

E. Müllendorff is a Private limited company incorporated in 1971. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0408.387.618

Incorporation

29/06/1971

Legal form

Private limited company

Registered office

Leopoldstraat 4
2000 Antwerpen · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	141,5 k €	-3.4%	146,5 k €	+6.3%	137,8 k €	+22.5%	112,5 k €	+30.2%	86,5 k €	-21.2%	109,8 k €	+1.5%	108,2 k €	-5.7%	114,7 k €	+14.9%	99,9 k €	-6.3%	106,6 k €	-3.6%	110,5 k €	+10.6%	100 k €	+3.6%	96,5 k €	-9.3%	106,4 k €	+8.9%	97,7 k €	+4.2%	93,7 k €	-3.6%	97,2 k €	+8.6%	89,5 k €
EBITDA	135,4 k €	-4.3%	141,5 k €	+6.4%	133 k €	+23.0%	108,1 k €	+31.7%	82,1 k €	-22.3%	105,6 k €	+1.0%	104,6 k €	-5.0%	110,1 k €	+16.0%	95 k €	-6.6%	101,7 k €	-3.6%	105,5 k €	+10.6%	95,4 k €	+4.0%	91,7 k €	-9.8%	101,6 k €	+9.5%	92,8 k €	+4.7%	88,7 k €	-4.1%	92,4 k €	+8.9%	84,9 k €
Operating result	127,7 k €	-0.5%	128,3 k €	+16.4%	110,3 k €	+25.2%	88,1 k €	+44.5%	61 k €	-23.9%	80,1 k €	+3.3%	77,5 k €	-9.3%	85,4 k €	+23.0%	69,5 k €	-7.8%	75,3 k €	-3.7%	78,3 k €	+12.9%	69,3 k €	+3.9%	66,7 k €	+10.4%	60,4 k €	+15.6%	52,3 k €	+29.8%	40,3 k €	+5.5%	38,1 k €	+23.5%	30,9 k €
Net result	98,1 k €	+9.3%	89,7 k €	+16.7%	76,9 k €	+21.2%	63,4 k €	+45.8%	43,5 k €	-15.3%	51,4 k €	+4.4%	49,2 k €	-13.6%	56,9 k €	+32.2%	43,1 k €	-16.7%	51,7 k €	-6.6%	55,3 k €	+14.4%	48,4 k €	-7.5%	52,3 k €	+20.6%	43,4 k €	+43.8%	30,2 k €	+146%	12,2 k €	+7635%	158,3 €	-91.2%	1,8 k €
Balance sheet
Equity	188,3 k €	-50.5%	380,2 k €	+7.1%	355 k €	+3.3%	343,7 k €	-14.4%	401,7 k €	-9.7%	444,8 k €	-28.1%	618,4 k €	+8.6%	569,2 k €	+1.2%	562,3 k €	-1.2%	569,2 k €	+94.6%	292,6 k €	-40.0%	487,2 k €	+11.0%	438,9 k €	+13.5%	386,5 k €	+12.6%	343,2 k €	+9.6%	313 k €	+4.1%	300,7 k €	+0.1%	300,6 k €
Total assets	509,6 k €	+8.9%	467,9 k €	+1.7%	460,2 k €	-5.4%	486,4 k €	+8.9%	446,5 k €	-10.1%	496,7 k €	-27.2%	682,6 k €	+5.5%	647,1 k €	+0.4%	644,8 k €	-12.2%	734,7 k €	+4.3%	704,4 k €	+4.3%	675,5 k €	-8.3%	736,6 k €	-6.6%	788,8 k €	+1.7%	775,7 k €	+1.8%	762,2 k €	-7.2%	821,2 k €	+0.1%	820,1 k €
Cash	248,7 k €	+131%	107,7 k €	+8.9%	98,9 k €	-4.7%	103,8 k €	+58.0%	65,7 k €	+49.3%	44 k €	-78.3%	203 k €	+19.8%	169,5 k €	+32.9%	127,5 k €	-37.2%	203,2 k €	+42.2%	142,9 k €	+71.0%	83,5 k €	-28.9%	117,5 k €	-37.7%	188,6 k €	+44.4%	130,6 k €	+321%	31 k €	-24.0%	40,8 k €	+39.7%	29,2 k €
Debts	313,4 k €	+288%	80,8 k €	-5.5%	85,5 k €	-37.0%	135,6 k €	+226%	41,5 k €	-19.9%	51,9 k €	-19.1%	64,1 k €	-17.6%	77,9 k €	-4.8%	81,8 k €	-49.7%	162,6 k €	-60.2%	408,6 k €	+123%	182,9 k €	-36.4%	287,7 k €	-28.5%	402,2 k €	-3.8%	418,3 k €	-2.1%	427,3 k €	-14.0%	496,6 k €	-0.4%	498,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Anne-Marie Müllendorff

Administrator - manager

Active

Ended mandates

Anne Marie Mullendorff

Manager

Ended

Anne-Marie Mullendorff

Director

Ended

Anne-Marie Mullendorff

Manager

Ended

EDDY MULLENDORFF

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/05/2026	29/04/2025	29/04/2024	26/04/2023	07/07/2022	01/06/2021
General meeting	21/04/2026	22/04/2025	21/04/2024	07/04/2023	10/06/2022	19/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	21/04/2026	05/05/2026	Dutch	PDF
Micro model	31/12/2024	22/04/2025	29/04/2025	Dutch	PDF
Micro model	31/12/2023	21/04/2024	29/04/2024	Dutch	PDF
Micro model	31/12/2022	07/04/2023	26/04/2023	Dutch	PDF
Micro model	31/12/2021	10/06/2022	07/07/2022	Dutch	PDF
Micro model	31/12/2020	19/03/2021	01/06/2021	Dutch	PDF
Micro model	31/12/2019	12/08/2020	07/10/2020	Dutch	PDF
Micro model	31/12/2018	24/06/2019	18/07/2019	Dutch	PDF
Micro model	31/12/2017	10/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	12/08/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	12/08/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	10/06/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	13/06/2014	Dutch	PDF
Abridged model	31/12/2012	05/04/2013	23/04/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	15/08/2012	Dutch	PDF
Abridged modelCorrection	31/12/2010	09/06/2011	27/09/2011	Dutch	PDF
Abridged model	31/12/2010	09/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	10/06/2010	05/07/2010	Dutch	PDF
Abridged model	31/12/2008	10/06/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	11/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/10/2007	30/11/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Anne-Marie Müllendorff

Administrator - manager

Active

Ended mandates

Anne Marie Mullendorff

Manager

Ended

Anne-Marie Mullendorff

Director

Ended

Anne-Marie Mullendorff

Manager

Ended

EDDY MULLENDORFF

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares17/09/2026
Mededeling vereniging van alle aandelen in één hand - Wijziging bestuur -
PDF
Other08/11/2023
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares03/05/2018
KAPITAAL - AANDELEN
PDF
Capital / shares10/03/2014
KAPITAAL - AANDELEN
PDF
Registered office23/02/2010
MAATSCHAPPELIJKE ZETEL
PDF
Mandates14/02/2008
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202598,1 k €↑
2024
Annual accounts 202489,7 k €↑
2023
Annual accounts 202376,9 k €↑
2023
Name changeE. Müllendorff
2022
Annual accounts 202263,4 k €↑
2021
Annual accounts 202143,5 k €↓
2021
Name changeMullendorff E.
2018
Annual accounts 201851,4 k €↑
2017
Annual accounts 201749,2 k €↓
2016
Annual accounts 201656,9 k €↑
2015
Annual accounts 201543,1 k €↓
2014
Annual accounts 201451,7 k €↓
2013
Annual accounts 201355,3 k €↑
2012
Annual accounts 201248,4 k €↓
2011
Annual accounts 201152,3 k €↑
2010
Annual accounts 201043,4 k €↑
2009
Annual accounts 200930,2 k €↑
2008
Annual accounts 200812,2 k €↑
2007
Annual accounts 2007158,3 €↓
2006
Annual accounts 20061,8 k €
29/06/1971
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

E. Müllendorff

Overview

What does E. Müllendorff do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline