ACTIVE

MULLER PALLETS

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Financial year 2025 · closed on 31/12/2025

Net result

959,4 k €

-23.5% YoY

Gross margin

1,7 M €

-16.8% YoY

Equity

1,4 M €

+17.5% YoY

Workforce

7,3 ETP

+9.0% YoY

What does MULLER PALLETS do?

MULLER PALLETS is a Private limited company incorporated in 1983. Its main activity is: Wholesale of other household goods. Its registered office is in Wuustwezel. It employs on average 7,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0424.445.967

Incorporation

11/08/1983

Legal form

Private limited company

Registered office

Den Isomo 9A
2990 Wuustwezel · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

7,3 ETP

Activities (NACE)

46494Wholesale of other household goods· main 46494Wholesale of other household goods 46732Wholesale of wood, construction materials and sanitary equipment 46832Wholesale trade, except of motor vehicles and motorcycles 51471Air transport

Joint committees (3)

126
12600
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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	1,7 M €	-16.8%	2 M €		–		3,4 M €	+72.1%	2 M €	+225%	605 k €	-30.4%	869,5 k €	+23.4%	704,6 k €	+75.3%	402 k €	+51.1%	266,1 k €	+44.6%	184 k €	-22.9%	238,7 k €	-7.6%	258,4 k €	+7.7%	240 k €	+8.7%	220,8 k €	-8.2%	240,6 k €	-7.8%	261 k €	-36.1%	408,7 k €	+16.1%	352,1 k €	+6.2%	331,6 k €
EBITDA	1,3 M €	-22.1%	1,6 M €	-20.6%	2,1 M €	-30.7%	3 M €	+78.2%	1,7 M €	+353%	369,4 k €	-39.3%	608,6 k €	+35.9%	447,7 k €	+121%	202,9 k €	+29.5%	156,7 k €	+194%	53,3 k €	-54.0%	115,7 k €	-25.7%	155,8 k €	-5.9%	165,6 k €	+29.7%	127,7 k €	+17.0%	109,1 k €	+61.9%	67,4 k €	-65.2%	193,5 k €	-7.7%	209,6 k €	-4.1%	218,6 k €
Operating result	1,2 M €	-23.7%	1,6 M €	-21.2%	2 M €	-31.0%	3 M €	+78.3%	1,7 M €	+386%	341,3 k €	-40.6%	574,7 k €	+39.2%	413 k €	+145%	168,8 k €	+35.5%	124,6 k €	+331%	28,9 k €	-70.1%	96,8 k €	-30.6%	139,5 k €	-6.4%	149 k €	+24.8%	119,4 k €	+21.3%	98,4 k €	+74.5%	56,4 k €	-69.7%	186,3 k €	-6.0%	198,3 k €	-5.8%	210,4 k €
Net result	959,4 k €	-23.5%	1,3 M €	-21.4%	1,6 M €	-32.3%	2,4 M €	+79.0%	1,3 M €	+421%	252,7 k €	-43.9%	450,2 k €	+70.4%	264,2 k €	+171%	97,6 k €	+50.8%	64,7 k €	+359%	14,1 k €	-77.9%	63,7 k €	-29.3%	90,2 k €	-4.5%	94,4 k €	+25.3%	75,3 k €	+20.4%	62,6 k €	+76.5%	35,5 k €	-72.4%	128,4 k €	-2.1%	131,2 k €	-5.8%	139,2 k €
Balance sheet
Equity	1,4 M €	+17.5%	1,2 M €	+37.3%	892,7 k €	-26.8%	1,2 M €	-38.1%	2 M €	+100%	984,7 k €	+23.1%	800,1 k €	+72.7%	463,3 k €	+128%	202,7 k €	+92.9%	105,1 k €	+160%	40,4 k €	-90.5%	426,3 k €	+17.6%	362,6 k €	+33.1%	272,4 k €	+53.0%	178,1 k €	+73.3%	102,8 k €	+156%	40,2 k €	+28.7%	31,2 k €	-92.2%	402,8 k €	+48.3%	271,6 k €
Total assets	4,2 M €	+20.5%	3,5 M €	+1.2%	3,4 M €	-37.2%	5,5 M €	+20.7%	4,5 M €	+99.7%	2,3 M €	+8.3%	2,1 M €	+13.7%	1,8 M €	+7.2%	1,7 M €	+18.9%	1,4 M €	+5.2%	1,4 M €	+26.7%	1,1 M €	+63.3%	664,9 k €	+16.0%	573,2 k €	+2.6%	558,6 k €	+137%	235,5 k €	+45.0%	162,4 k €	-74.6%	639,8 k €	+23.4%	518,5 k €	+40.4%	369,3 k €
Cash	408,4 k €	+216%	129,4 k €	-77.6%	576,6 k €	-66.2%	1,7 M €	+123%	765,4 k €	-3.9%	796,3 k €	+95.4%	407,4 k €	+74.4%	233,7 k €	-25.1%	311,9 k €	+62.0%	192,5 k €	-45.4%	352,7 k €	+271%	95 k €	-47.8%	182,2 k €	+133%	78,3 k €	+49.5%	52,4 k €	+119%	23,9 k €	+3532%	658,7 €	-97.7%	29 k €	+16.7%	24,8 k €	-77.3%	109,3 k €
Debts	2,8 M €	+22.1%	2,3 M €	-11.5%	2,5 M €	-40.2%	4,3 M €	+65.9%	2,6 M €	+99.3%	1,3 M €	-0.8%	1,3 M €	-6.0%	1,4 M €	-8.1%	1,5 M €	+12.4%	1,3 M €	+0.4%	1,3 M €	+102%	659,6 k €	+125%	293,5 k €	-2.4%	300,7 k €	-21.0%	380,5 k €	+187%	132,8 k €	+8.6%	122,3 k €	-79.9%	608,6 k €	+426%	115,7 k €	+63.1%	70,9 k €
Other
Workforce	7,3 ETP	+9.0%	6,7 ETP	-10.7%	7,5 ETP	-1.3%	7,6 ETP	+20.6%	6,3 ETP	+23.5%	5,1 ETP	-19.0%	6,3 ETP	+10.5%	5,7 ETP	+18.8%	4,8 ETP	+71.4%	2,8 ETP	+40.0%	2,0 ETP	-45.9%	3,7 ETP	+94.7%	1,9 ETP	+5.6%	1,8 ETP	-5.3%	1,9 ETP	-24.0%	2,5 ETP	0.0%	2,5 ETP	+47.1%	1,7 ETP	-26.1%	2,3 ETP	-4.2%	2,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

ES&CC

Director · since 01 janvier 2011 · 0825.543.442

Represented by Vermeiren EDGER

Active

Friedhelm Haase

Director · since 01 novembre 2005

Active

Ended mandates

ES&CC

Director · since 01 janvier 2011 · 0825.543.442

Represented by Edger Vermeiren

Ended

ES&CC

Administrator - manager · since 01 janvier 2011 · 0825.543.442

Represented by Edger Vermeiren

Ended

Friedhelm Haase

Administrator - manager · since 01 novembre 2005

Ended

ES&CC

Manager · 0825.543.442

Represented by Edger Vermeiren

Ended

At this address

Other companies at this address

Company	CBE no.
M-PACKAGING● Active	0758.939.777

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Full 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	15/06/2026	03/06/2025	13/06/2024	06/06/2023	13/06/2022	23/06/2021
General meeting	02/06/2026	03/06/2025	04/06/2024	06/06/2023	07/06/2022	01/06/2021
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

43 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/06/2026	15/06/2026	Dutch	PDF
Abridged model	31/12/2024	03/06/2025	03/06/2025	Dutch	PDF
Full model	31/12/2023	04/06/2024	13/06/2024	Dutch	PDF
Abridged model	31/12/2022	06/06/2023	06/06/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	13/06/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	23/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	03/06/2020	Dutch	PDF
Abridged model	31/12/2018	04/06/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	05/06/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	08/06/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	13/06/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	05/06/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	22/06/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	05/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	05/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	10/07/2007	Dutch	PDF
Abridged model	31/12/2005	06/06/2006	30/06/2006	Dutch	PDF
Abridged model	31/12/2004	07/06/2005	17/06/2005	Dutch	PDF
Abridged model	31/12/2003	30/06/2004	19/07/2004	Dutch	PDF
Abridged model	31/12/2002	03/06/2003	12/06/2003	Dutch	PDF

View all 43 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 2 active · 5 ended

Active mandates

ES&CC

Director · since 01 janvier 2011 · 0825.543.442

Represented by Vermeiren EDGER

Active

Friedhelm Haase

Director · since 01 novembre 2005

Active

Ended mandates

ES&CC

Director · since 01 janvier 2011 · 0825.543.442

Represented by Edger Vermeiren

Ended

ES&CC

Administrator - manager · since 01 janvier 2011 · 0825.543.442

Represented by Edger Vermeiren

Ended

Friedhelm Haase

Administrator - manager · since 01 novembre 2005

Ended

ES&CC

Manager · 0825.543.442

Represented by Edger Vermeiren

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office02/10/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/11/2023
WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2005
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - 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 2025959,4 k €↓
2024
Annual accounts 20241,3 M €↓
2023
Annual accounts 20231,6 M €↓
2023
Name changeMuller Pallets
2022
Annual accounts 20222,4 M €↑
2021
Annual accounts 20211,3 M €↑
2021
Name changeCLAUS MICHAEL MULLER VERTEGENWOORDIGINGEN
2020
Annual accounts 2020252,7 k €↓
2019
Annual accounts 2019450,2 k €↑
2018
Annual accounts 2018264,2 k €↑
2017
Annual accounts 201797,6 k €↑
2016
Annual accounts 201664,7 k €↑
2015
Annual accounts 201514,1 k €↓
2014
Annual accounts 201463,7 k €↓
2013
Annual accounts 201390,2 k €↓
2012
Annual accounts 201294,4 k €↑
2011
Annual accounts 201175,3 k €↑
2010
Annual accounts 201062,6 k €↑
2009
Annual accounts 200935,5 k €↓
2008
Annual accounts 2008128,4 k €↓
2007
Annual accounts 2007131,2 k €↓
2006
Annual accounts 2006139,2 k €
11/08/1983
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

MULLER PALLETS

Overview

What does MULLER PALLETS 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