ACTIVE

MURANO

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Financial year 2025 · closed on 31/12/2025

Net result

-79,8 k €

-252.2% YoY

Gross margin

24,4 k €

-62.8% YoY

Equity

-66,4 k €

-595.4% YoY

What does MURANO do?

MURANO is a Private limited company incorporated in 1999. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.740.442

Incorporation

25/08/1999

Legal form

Private limited company

Registered office

Bosbeekstraat 29
3511 Hasselt · FlandreSee on map

Contributed capital

30 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 74142Specialised design activities 70200Management consultancy activities 70220Business and other management consultancy activities

Signals

Positive EBITDA

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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	24,4 k €	-62.8%	65,6 k €	+44.6%	45,3 k €	+39.5%	32,5 k €	+0.6%	32,3 k €	-56.2%	73,8 k €	+82.0%	40,6 k €	-44.8%	73,6 k €	+288%	18,9 k €	-51.4%	39 k €	-69.6%	128,4 k €	+25.0%	102,7 k €	+16.5%	88,1 k €	-3.2%	91 k €	+47.9%	61,5 k €	+18.2%	52,1 k €	-11.8%	59 k €	+24.7%	47,3 k €	-30.4%	68 k €	+24.3%	54,7 k €
EBITDA	19,3 k €	-68.2%	60,9 k €	+43.7%	42,3 k €	+43.3%	29,5 k €	+0.1%	29,5 k €	-58.4%	70,9 k €	+220%	22,1 k €	-62.3%	58,7 k €	+354%	-23,2 k €	-167%	34,4 k €	-71.6%	120,8 k €	+26.6%	95,4 k €	+15.1%	82,9 k €	-2.0%	84,6 k €	+79.2%	47,2 k €	-3.6%	49 k €	-14.0%	56,9 k €	+28.8%	44,2 k €	-31.8%	64,8 k €	+25.6%	51,6 k €
Operating result	-59,4 k €	-812%	8,3 k €	+114%	-58,8 k €	-11190%	-521,1 €	-120%	2,6 k €	-89.7%	24,8 k €	+226%	7,6 k €	-82.6%	43,7 k €	+211%	-39,2 k €	-333%	16,8 k €	-84.2%	106,6 k €	+32.3%	80,6 k €	+34.2%	60 k €	+11.0%	54,1 k €	+205%	17,7 k €	-11.5%	20 k €	-28.4%	28 k €	+46.0%	19,1 k €	-54.4%	41,9 k €	+60.0%	26,2 k €
Net result	-79,8 k €	-252%	-22,7 k €	+64.1%	-63,1 k €	-4067%	-1,5 k €	+78.1%	-6,9 k €	-136%	19,1 k €	+151%	-37,4 k €	-350%	14,9 k €	+128%	-53,8 k €	-8317%	654,5 €	-99.3%	90,5 k €	+54.0%	58,7 k €	+22.9%	47,8 k €	+69.0%	28,3 k €	+1433%	-2,1 k €	-124%	8,8 k €	+17.5%	7,5 k €	+12.4%	6,6 k €	-70.0%	22,1 k €	+151%	8,8 k €
Balance sheet
Equity	-66,4 k €	-595%	13,4 k €	-62.8%	36,1 k €	-63.6%	99,1 k €	-1.5%	100,6 k €	-6.4%	107,6 k €	+21.6%	88,5 k €	-29.7%	125,9 k €	+13.5%	110,9 k €	-32.7%	164,7 k €	+0.4%	164,1 k €	+7.5%	152,6 k €	-7.3%	164,7 k €	+40.9%	116,9 k €	+31.9%	88,6 k €	-16.3%	105,8 k €	+9.0%	97 k €	+8.3%	89,5 k €	+8.0%	82,9 k €	+51.3%	54,8 k €
Total assets	1,4 M €	-2.6%	1,4 M €	+35.0%	1 M €	+90.8%	543,3 k €	-4.2%	567,1 k €	+18.3%	479,4 k €	+92.8%	248,7 k €	-24.8%	330,5 k €	+5.2%	314,2 k €	-45.5%	576,6 k €	+4.0%	554,4 k €	+5.3%	526,7 k €	-6.9%	565,6 k €	+9.6%	515,9 k €	+6.2%	485,6 k €	-10.5%	542,6 k €	-13.3%	626,1 k €	+4.7%	597,8 k €	+2.3%	584,6 k €	+28.4%	455,2 k €
Cash	927 €	+4691%	19,4 €	-97.6%	819,4 €	+240%	241,3 €	-77.9%	1,1 k €	-84.7%	7,1 k €	+219%	2,2 k €	+6872%	32 €	-98.9%	2,9 k €		–		5,4 k €	+3398%	153,6 €		–		–		–		–		–		–		1,1 k €		–
Debts	1,4 M €	+3.4%	1,4 M €	+38.3%	1 M €	+125%	444,1 k €	-4.8%	466,5 k €	+25.4%	371,9 k €	+132%	160,2 k €	-12.9%	184 k €	-9.5%	203,3 k €	-50.6%	411,9 k €	+5.5%	390,3 k €	+4.3%	374,1 k €	-6.7%	401 k €	+0.5%	399 k €	+0.5%	397 k €	-9.1%	436,9 k €	-17.4%	529,1 k €	+4.1%	508,2 k €	+1.3%	501,7 k €	+25.3%	400,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 1 ended

Active mandates

Herwig Mullens

Director · since 21 mai 2026

Active

Johanna Deblauwe

Manager

Active

Ended mandates

Johanna Deblauwe

Director

Ended

At this address

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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	31/08/2026	31/08/2025	30/09/2024	29/09/2023	31/08/2022	30/09/2021
General meeting	31/05/2026	31/07/2025	31/08/2024	31/05/2023	31/05/2022	31/05/2021
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
Micro model	31/12/2025	31/05/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	31/07/2025	31/08/2025	Dutch	PDF
Micro model	31/12/2023	31/08/2024	30/09/2024	Dutch	PDF
Micro model	31/12/2022	31/05/2023	29/09/2023	Dutch	PDF
Micro model	31/12/2021	31/05/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	31/05/2021	30/09/2021	Dutch	PDF
Micro model	31/12/2019	11/08/2020	30/11/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	31/10/2019	Dutch	PDF
Micro model	31/12/2017	31/05/2018	13/09/2019	Dutch	PDF
Micro model	31/12/2016	31/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	16/08/2017	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	16/08/2017	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	18/03/2015	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	18/03/2015	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	18/03/2015	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	20/06/2012	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	20/06/2012	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	20/06/2012	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	20/06/2012	Dutch	PDF
Abridged model	31/12/2006	30/06/2008	16/01/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 ended

Active mandates

Herwig Mullens

Director · since 21 mai 2026

Active

Johanna Deblauwe

Manager

Active

Ended mandates

Johanna Deblauwe

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/05/2026
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/03/2004
MAATSCHAPPELIJKE ZETEL
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 2025-79,8 k €↓
2024
Annual accounts 2024-22,7 k €↑
2023
Annual accounts 2023-63,1 k €↓
2022
Annual accounts 2022-1,5 k €↑
2021
Annual accounts 2021-6,9 k €↓
2020
Annual accounts 202019,1 k €↑
2019
Annual accounts 2019-37,4 k €↓
2018
Annual accounts 201814,9 k €↑
2017
Annual accounts 2017-53,8 k €↓
2016
Annual accounts 2016654,5 €↓
2015
Annual accounts 201590,5 k €↑
2014
Annual accounts 201458,7 k €↑
2013
Annual accounts 201347,8 k €↑
2012
Annual accounts 201228,3 k €↑
2011
Annual accounts 2011-2,1 k €↓
2010
Annual accounts 20108,8 k €↑
2009
Annual accounts 20097,5 k €↑
2008
Annual accounts 20086,6 k €↓
2007
Annual accounts 200722,1 k €↑
2006
Annual accounts 20068,8 k €
25/08/1999
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

MURANO

Overview

What does MURANO 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