ACTIVE

MULLENS - HALEN

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Financial year 2025 · closed on 31/12/2025

Net result

214 k €

-57.1% YoY

Gross margin

1,3 M €

-23.9% YoY

Equity

2,1 M €

-16.8% YoY

Workforce

0,0 ETP

-100.0% YoY

What does MULLENS - HALEN do?

MULLENS - HALEN is a Private limited company incorporated in 1977. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Halen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0417.625.976

Incorporation

14/06/1977

Legal form

Private limited company

Registered office

Diestersteenweg 23
3545 Halen · FlandreSee on map

Contributed capital

391 157,41 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

45113Sale of cars and light motor vehicles· main 47811Retail sale via stalls and markets of food, beverages and tobacco products 50103Sea and coastal passenger water transport 29100Manufacture of motor vehicles 29100Manufacture of motor vehicles 45201Maintenance and repair of motor vehicles+1

Joint committees (6)

112
11200
14902
200
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,3 M €	-23.9%	1,7 M €	+41.9%	1,2 M €	+22.6%	970,3 k €	+7.1%	905,8 k €	-1.0%	915,3 k €	-2.3%	936,6 k €	+3.6%	904,1 k €	+1.7%	888,6 k €	+13.2%	784,9 k €	-10.5%	877,4 k €	+36.8%	641,5 k €	-9.8%	711 k €	+9.5%	649,3 k €	+33.6%	486,1 k €	+6.8%	455,1 k €	-8.9%	499,3 k €	+30.1%	383,6 k €	-0.3%	384,7 k €	+40.4%	274 k €
EBITDA	420,8 k €	-48.5%	817,8 k €	+97.8%	413,4 k €	+91.7%	215,6 k €	+5.5%	204,5 k €	-31.8%	300 k €	+135%	127,5 k €	-32.5%	188,9 k €	-19.6%	234,9 k €	+33.2%	176,4 k €	-1.8%	179,7 k €	+214%	57,2 k €	-59.3%	140,6 k €	+3.4%	135,9 k €	-10.7%	152,1 k €	+1.7%	149,7 k €	-19.4%	185,7 k €	+56.8%	118,4 k €	-16.3%	141,4 k €	+79.3%	78,9 k €
Operating result	319,3 k €	-55.6%	719,2 k €	+129%	314,3 k €	+171%	115,8 k €	+7.4%	107,8 k €	-48.5%	209,3 k €	+388%	42,8 k €	-59.9%	106,8 k €	-31.4%	155,6 k €	+83.8%	84,6 k €	-38.4%	137,5 k €	+566%	20,6 k €	-80.2%	104,1 k €	+5.7%	98,5 k €	-23.4%	128,5 k €	+12.9%	113,8 k €	-18.2%	139,2 k €	+75.3%	79,4 k €	-9.5%	87,8 k €	+45.8%	60,2 k €
Net result	214 k €	-57.1%	498,6 k €	+144%	204,6 k €	+622%	28,3 k €	-52.0%	59 k €	-47.9%	113,3 k €	+2097%	5,2 k €	-89.2%	47,6 k €	-27.0%	65,2 k €	+14.4%	57 k €	-21.1%	72,2 k €	+394%	14,6 k €	-94.0%	241,9 k €	+227%	74,1 k €	+3.3%	71,7 k €	-5.5%	75,9 k €	-25.3%	101,7 k €	+114%	47,4 k €	+13.7%	41,7 k €	+50.9%	27,6 k €
Balance sheet
Equity	2,1 M €	-16.8%	2,5 M €	+25.1%	2 M €	+8.6%	1,8 M €	-1.7%	1,9 M €	+0.5%	1,8 M €	+6.5%	1,7 M €	+0.3%	1,7 M €	+2.8%	1,7 M €	+4.0%	1,6 M €	+3.7%	1,6 M €	+4.9%	1,5 M €	+1.0%	1,5 M €	+35.0%	1,1 M €	+30.7%	835,7 k €	+8.3%	772 k €	+10.9%	696,1 k €	+15.6%	602,4 k €	+7.0%	563 k €	+6.4%	529,3 k €
Total assets	4,6 M €	-5.0%	4,9 M €	+22.6%	4 M €	+3.9%	3,8 M €	+8.6%	3,5 M €	-2.9%	3,6 M €	+2.3%	3,6 M €	-7.9%	3,9 M €	+3.9%	3,7 M €	-7.4%	4 M €	+61.9%	2,5 M €	+32.8%	1,9 M €	+3.2%	1,8 M €	+13.5%	1,6 M €	+4.3%	1,5 M €	-10.6%	1,7 M €	+27.2%	1,3 M €	+1.6%	1,3 M €	+0.9%	1,3 M €	+37.8%	950,5 k €
Cash	1,1 M €	+11.6%	1 M €	+51.2%	666,1 k €	+47.6%	451,2 k €	+407%	89 k €	-74.4%	348,2 k €	+65.9%	209,9 k €	-36.3%	329,8 k €	-0.4%	331,2 k €	-24.0%	436,1 k €	-5.7%	462,3 k €	+53.9%	300,4 k €	-1.6%	305,4 k €	+136%	129,4 k €	-68.5%	410,9 k €	+14.0%	360,5 k €	+42.3%	253,3 k €	+25.8%	201,4 k €	+3.5%	194,6 k €	+0.9%	192,9 k €
Debts	2,6 M €	+7.1%	2,4 M €	+20.1%	2 M €	-0.4%	2 M €	+19.9%	1,7 M €	-3.3%	1,7 M €	-3.8%	1,8 M €	-15.4%	2,1 M €	+4.7%	2 M €	-14.2%	2,4 M €	+193%	807,7 k €	+113%	378,4 k €	+12.9%	335,1 k €	-33.2%	501,7 k €	-27.6%	693 k €	-26.1%	937,4 k €	+44.8%	647,5 k €	-10.0%	719,8 k €	-2.9%	741,2 k €	+76.0%	421,2 k €
Other
Workforce	0,0 ETP	-100%	14,3 ETP	+7.5%	13,3 ETP	-3.6%	13,8 ETP	-8.6%	15,1 ETP	-7.9%	16,4 ETP	+13.9%	14,4 ETP	0.0%	14,4 ETP	+1.4%	14,2 ETP	+8.4%	13,1 ETP	+1.6%	12,9 ETP	-9.8%	14,3 ETP	+13.5%	12,6 ETP	+3.3%	12,2 ETP	+40.2%	8,7 ETP	+10.1%	7,9 ETP	+2.6%	7,7 ETP	+2.7%	7,5 ETP	+7.1%	7,0 ETP	+25.0%	5,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 29 ended

Active mandates

Annick Mullens

Director · since 12 novembre 2025

Active

Gaspard Mullens

Director · since 12 novembre 2025

Active

Sonja Mullens

Director · since 12 novembre 2025

Active

Ended mandates

LUDOMAR

Director · since 31 mars 2010 · 0440.963.483

Represented by Sonja Mullens

Ended

Arthur Mullens

Director · since 30 mars 2007 · until 29 mars 2013

Ended

Dominique Mullens

Managing director · since 30 mars 2007 · until 29 mars 2013

Ended

Gaspard Mullens

Managing director · since 30 mars 2007 · until 29 mars 2013

Ended

At this address

Other companies at this address

Company	CBE no.
LUDOMAR● Active	0440.963.483
Mullens-Diest● Active	0431.339.796
Mulleskes● Active	0789.502.301

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	26/08/2026	06/10/2025	30/09/2024	04/09/2023	07/04/2022	16/07/2021
General meeting	12/05/2026	14/05/2025	08/05/2024	30/06/2023	04/04/2022	12/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/05/2026	26/08/2026	Dutch	PDF
Abridged model	31/12/2024	14/05/2025	06/10/2025	Dutch	PDF
Abridged model	31/12/2023	08/05/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	04/09/2023	Dutch	PDF
Abridged model	31/12/2021	04/04/2022	07/04/2022	Dutch	PDF
Abridged model	31/12/2020	12/05/2021	16/07/2021	Dutch	PDF
Abridged model	31/12/2019	13/05/2020	16/09/2020	Dutch	PDF
Abridged model	31/12/2018	08/05/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	09/05/2018	22/08/2018	Dutch	PDF
Abridged model	31/12/2016	10/05/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	11/05/2016	01/10/2016	Dutch	PDF
Abridged model	31/12/2014	13/05/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	08/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	09/05/2012	12/06/2012	Dutch	PDF
Abridged model	31/12/2010	11/05/2011	16/09/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	29/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	17/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 3 active · 29 ended

Active mandates

Annick Mullens

Director · since 12 novembre 2025

Active

Gaspard Mullens

Director · since 12 novembre 2025

Active

Sonja Mullens

Director · since 12 novembre 2025

Active

Ended mandates

LUDOMAR

Director · since 31 mars 2010 · 0440.963.483

Represented by Sonja Mullens

Ended

Arthur Mullens

Director · since 30 mars 2007 · until 29 mars 2013

Ended

Dominique Mullens

Managing director · since 30 mars 2007 · until 29 mars 2013

Ended

Gaspard Mullens

Managing director · since 30 mars 2007 · until 29 mars 2013

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/11/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/06/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring15/02/2013
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring04/07/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates14/05/2010
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
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 2025214 k €↓
2024
Annual accounts 2024498,6 k €↑
2023
Annual accounts 2023204,6 k €↑
2022
Annual accounts 202228,3 k €↓
2021
Annual accounts 202159 k €↓
2020
Annual accounts 2020113,3 k €↑
2019
Annual accounts 20195,2 k €↓
2018
Annual accounts 201847,6 k €↓
2017
Annual accounts 201765,2 k €↑
2016
Annual accounts 201657 k €↓
2015
Annual accounts 201572,2 k €↑
2014
Annual accounts 201414,6 k €↓
2013
Annual accounts 2013241,9 k €↑
2012
Annual accounts 201274,1 k €↑
2011
Annual accounts 201171,7 k €↓
2010
Annual accounts 201075,9 k €↓
2009
Annual accounts 2009101,7 k €↑
2008
Annual accounts 200847,4 k €↑
2007
Annual accounts 200741,7 k €↑
2006
Annual accounts 200627,6 k €
14/06/1977
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

MULLENS - HALEN

Overview

What does MULLENS - HALEN do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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