ACTIVE

MU

Financial year 2025 · Closed on 31/12/2025

Net result140,7 k €+2 140,1 %over 1 year

Gross margin227 k €+1 610,0 %over 1 year

Equity368,3 k €+61,8 %over 1 year

Identity

Source · BCE/KBO

MU is a Public limited company incorporated in 1993. Its main activity is: Manufacture of metal forming machinery. Its registered office is in Heist-op-den-Berg.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0450.718.022
Incorporation: 23/08/1993
Legal form: Public limited company
Registered office: Dennenlaan(ITE) 1
2222 Heist-op-den-Berg · FlandreSee on map
Contributed capital: 75 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

28410Manufacture of metal forming machinery· main 28410Manufacture of metal forming machinery 28210Manufacture of ovens, furnaces and furnace burners 28210Manufacture of ovens, furnaces and furnace burners 33200Installation of industrial machinery and equipment 33200Installation of industrial machinery and equipment+2

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	227 k €	+1610%	13,3 k €	-72.0%	47,4 k €	-3.0%	48,9 k €	-36.3%	76,7 k €
EBITDA	225,3 k €	+2785%	7,8 k €	-82.8%	45,4 k €	-5.8%	48,2 k €	-36.6%	76 k €
Operating result	211,8 k €	+3186%	-6,9 k €	-120%	34,4 k €	-23.3%	44,8 k €	-40.3%	75,1 k €
Net result	140,7 k €	+2140%	-6,9 k €	-129%	23,4 k €	-27.6%	32,4 k €	-33.6%	48,7 k €
Balance sheet
Equity	368,3 k €	+61.8%	227,6 k €	-2.9%	234,5 k €	+11.1%	211,1 k €	+18.1%	178,7 k €
Total assets	419,5 k €	+41.8%	295,9 k €	+23.6%	239,4 k €	-0.4%	240,2 k €	+14.5%	209,8 k €
Cash	38,6 k €	+152%	15,3 k €	-64.5%	43,2 k €	-13.4%	49,9 k €	+20.1%	41,6 k €
Debts	42,9 k €	-37.2%	68,3 k €	+1309%	4,8 k €	-83.4%	29,2 k €	-6.3%	31,1 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period
HENRI MEEUS	Directorsince 07/06/2019Managing director2015 accountsended

Ended mandates

Director	Mandates in this company	Period
HUANG NAN-CHI	Director07/06/2019 → 2022 accountsManaging director2012 accounts
NAN CHI HUANG	Managing director2007 accounts

Full financial information

Source · NBB

	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	31/07/2026	22/07/2025	30/07/2024	28/06/2023	03/08/2022	15/09/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	12/06/2023	03/06/2022	04/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	22/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	12/06/2023	28/06/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	03/08/2022	Dutch	PDF
Micro model	31/12/2020	04/06/2021	15/09/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	12/06/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	26/06/2019	Dutch	PDF
Micro model	31/12/2017	16/07/2018	18/07/2018	Dutch	PDF
Micro model	31/12/2016	11/05/2017	18/05/2017	Dutch	PDF
Abridged model	31/12/2015	17/08/2016	31/10/2016	Dutch	PDF
Abridged model	31/12/2014	03/07/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	15/07/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	06/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	06/06/2012	Dutch	PDF
Abridged model	31/12/2010	15/07/2011	18/07/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	17/06/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	23/06/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	22/07/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	09/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period
HENRI MEEUS	Directorsince 07/06/2019Managing director2015 accountsended

Ended mandates

Director	Mandates in this company	Period
HUANG NAN-CHI	Director07/06/2019 → 2022 accountsManaging director2012 accounts
NAN CHI HUANG	Managing director2007 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2013
Ontslag + benoeming gedelegeerd bestuurder ; benoeming bestuurder +
PDF
Mandates15/04/2010
ONTSLAGEN - BENOEMINGEN
PDF
Other04/08/2008
Tekst
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

HENRI MEEUS

HUANG NAN-CHI

NAN CHI HUANG

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Dennenlaan(ITE) 1, 2222 Itegem

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Dennenlaan(ITE) 1, 2222 ItegemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00362396

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MUCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00362396

Events

2025
Annual accounts 2025140,7 k €↑
2024
Annual accounts 2024-6,9 k €↓
2023
Annual accounts 202323,4 k €↓
2022
Annual accounts 202232,4 k €↓
2021
Annual accounts 202148,7 k €↑
2020
Annual accounts 20205,6 k €↑
2019
Annual accounts 2019-315,3 €↑
2018
Annual accounts 2018-3,1 k €↓
2017
Annual accounts 20173,2 k €↑
2016
Annual accounts 2016-7,2 k €↓
2015
Annual accounts 2015-5 k €↓
2014
Annual accounts 20147,4 k €↑
2013
Annual accounts 20132 k €↓
2012
Annual accounts 20125 k €↓
2011
Annual accounts 201135,4 k €↑
2010
Annual accounts 2010-19,7 k €↓
2009
Annual accounts 2009-17,6 k €↓
2008
Annual accounts 200836,9 k €↑
2007
Annual accounts 200712,3 k €↑
2006
Annual accounts 20066,5 k €
23/08/1993
IncorporationPublic limited company

MU

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events