ACTIVE

MULLER

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Financial year 2025 · closed on 31/12/2025

Net result

469,1 k €

+28.2% YoY

Gross margin

902,3 k €

+23.0% YoY

Equity

5,4 M €

+9.5% YoY

Workforce

0,6 ETP

+20.0% YoY

What does MULLER do?

MULLER is a Private limited company incorporated in 1999. Its main activity is: Retail sale of second-hand goods in stores. Its registered office is in Gent. It employs on average 0,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.767.562

Incorporation

31/08/1999

Legal form

Private limited company

Registered office

Burgstraat 24
9000 Gent · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

0,6 ETP

Activities (NACE)

47791Retail sale of second-hand goods in stores· main 47791Retail sale of second-hand goods in stores 52501Warehousing and support activities for transportation

Joint committees (2)

201
20100

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 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	902,3 k €	+23.0%	733,7 k €	-26.3%	995,3 k €	+28.8%	772,9 k €	-19.7%	962,7 k €	+2.8%	936,4 k €	-17.1%	1,1 M €	+2.4%	1,1 M €	+103%	542,8 k €	+17.0%	463,8 k €	+48.2%	313,1 k €	+204%	102,9 k €	+18.7%	86,7 k €	-14.6%	101,5 k €	+39.4%	72,8 k €	-25.1%	97,1 k €	+29.3%	75,1 k €	-39.3%	123,7 k €
EBITDA	863,2 k €	+22.2%	706,3 k €	-25.5%	948,3 k €	+24.4%	762,6 k €	-7.0%	819,8 k €	-6.4%	875,5 k €	-22.4%	1,1 M €	+2.9%	1,1 M €	+103%	539,7 k €	+18.2%	456,5 k €	+50.6%	303,2 k €	+261%	84 k €	+16.7%	71,9 k €	-26.5%	97,8 k €	+44.3%	67,8 k €	-24.9%	90,3 k €	+34.3%	67,2 k €	-43.4%	118,9 k €
Operating result	737,6 k €	+25.7%	586,7 k €	-28.9%	825,3 k €	+28.8%	640,8 k €	-12.5%	732,8 k €	+7.6%	680,9 k €	-35.3%	1,1 M €	+10.2%	954,2 k €	+96.4%	486 k €	+20.8%	402,4 k €	+51.4%	265,9 k €	+561%	40,2 k €	+38.7%	29 k €	-51.9%	60,3 k €	+13.9%	53 k €	-29.2%	74,8 k €	+29.5%	57,8 k €	-49.6%	114,5 k €
Net result	469,1 k €	+28.2%	365,9 k €	-31.4%	533 k €	+30.0%	409,9 k €	-11.7%	464,5 k €	+13.2%	410,4 k €	-31.7%	601 k €	+8.1%	555,9 k €	+107%	268 k €	+20.8%	222 k €	+44.1%	154 k €	+2268%	6,5 k €	+412%	-2,1 k €	+70.7%	-7,1 k €	-130%	24,1 k €	-29.3%	34,1 k €	+264%	9,4 k €	-84.0%	58,6 k €
Balance sheet
Equity	5,4 M €	+9.5%	4,9 M €	+8.0%	4,6 M €	+13.3%	4 M €	+11.4%	3,6 M €	+51.4%	2,4 M €	+20.8%	2 M €	+43.8%	1,4 M €	+68.0%	817,1 k €	+48.8%	549,1 k €	+67.9%	327,1 k €	+89.0%	173,1 k €	+3.9%	166,6 k €	-1.2%	168,7 k €	-4.1%	175,8 k €	+15.9%	151,7 k €	+29.0%	117,5 k €	+8.7%	108,2 k €
Total assets	7,6 M €	+9.2%	7 M €	+1.6%	6,9 M €	+11.4%	6,2 M €	+6.9%	5,8 M €	+25.7%	4,6 M €	+20.2%	3,8 M €	+6.4%	3,6 M €	+19.3%	3 M €	+10.5%	2,7 M €	+63.0%	1,7 M €	+0.5%	1,7 M €	+15.7%	1,4 M €	-4.1%	1,5 M €	+65.8%	900,3 k €	+1.3%	889,2 k €	+3.5%	859 k €	+13.1%	759,8 k €
Cash	42,3 k €	-92.5%	563,6 k €	+7.1%	526,2 k €	+195%	178,3 k €	-4.7%	187,1 k €	-77.3%	822,5 k €	-5.6%	871,5 k €	+51.5%	575,3 k €	+534%	90,7 k €	-33.5%	136,4 k €	+151%	54,4 k €	+2912%	1,8 k €	-95.1%	37,2 k €	+1564%	2,2 k €	-94.0%	37,6 k €	+3555%	1 k €	-90.4%	10,7 k €	-52.3%	22,5 k €
Debts	2,2 M €	+8.5%	2 M €	-11.1%	2,3 M €	+8.4%	2,1 M €	-1.1%	2,1 M €	-2.0%	2,2 M €	+20.1%	1,8 M €	-17.8%	2,2 M €	+1.9%	2,2 M €	+0.1%	2,2 M €	+61.6%	1,3 M €	-9.8%	1,5 M €	+17.2%	1,3 M €	-4.5%	1,3 M €	+83.0%	723,7 k €	-1.7%	736,3 k €	+2.8%	716,3 k €	+13.9%	629 k €
Other
Workforce	0,6 ETP	+20.0%	0,5 ETP	0.0%	0,5 ETP	+66.7%	0,3 ETP		–		–		–		–		–		–		0,4 ETP	-60.0%	1,0 ETP	0.0%	1,0 ETP		–		–		0,1 ETP	0.0%	0,1 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 · 1 active · 4 ended

Active mandates

Jan Muller

Director · since 17 octobre 2023

Active

Ended mandates

Jan Hedwig Muller

Director

Ended

Jan Hedwig Muller

Administrator - manager

Ended

Jan Muller

Director

Ended

Jan Muller

Manager

Ended

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	15/06/2026	10/06/2025	05/07/2024	28/07/2023	11/07/2022	31/08/2021
General meeting	24/05/2026	06/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

27 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/05/2026	15/06/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	10/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	05/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	11/07/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	20/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	12/07/2018	Dutch	PDF
Abridged modelCorrection	31/12/2016	30/06/2017	27/09/2017	Dutch	PDF
Abridged model	31/12/2016	13/05/2017	27/06/2017	Dutch	PDF
Abridged model	30/12/2015	14/06/2016	22/08/2016	Dutch	PDF
Abridged model	30/12/2014	09/06/2015	02/07/2015	Dutch	PDF
Abridged model	30/12/2013	10/05/2014	28/05/2014	Dutch	PDF
Abridged model	30/12/2012	12/03/2013	18/03/2013	French	PDF
Abridged model	30/12/2011	12/05/2012	31/05/2012	French	PDF
Abridged model	30/12/2010	14/05/2011	29/06/2011	French	PDF
Abridged model	30/12/2009	08/05/2010	07/06/2010	Dutch	PDF
Abridged model	30/12/2008	09/05/2009	26/06/2009	Dutch	PDF
Abridged model	30/12/2007	30/06/2008	24/07/2008	Dutch	PDF
Abridged model	30/12/2006	18/06/2007	27/06/2007	Dutch	PDF
Abridged model	30/12/2005	18/06/2006	29/06/2006	Dutch	PDF
Abridged model	30/12/2004	14/05/2005	20/05/2005	Dutch	PDF
Abridged model	30/12/2003	15/05/2004	17/05/2004	Dutch	PDF

View all 27 filings

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 · 1 active · 4 ended

Active mandates

Jan Muller

Director · since 17 octobre 2023

Active

Ended mandates

Jan Hedwig Muller

Director

Ended

Jan Hedwig Muller

Administrator - manager

Ended

Jan Muller

Director

Ended

Jan Muller

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office26/04/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Other18/11/2016
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office05/11/2009
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 2025469,1 k €↑
2024
Annual accounts 2024365,9 k €↓
2023
Annual accounts 2023533 k €↑
2022
Annual accounts 2022409,9 k €↓
2021
Annual accounts 2021464,5 k €↑
2018
Annual accounts 2018410,4 k €↓
2017
Annual accounts 2017601 k €↑
2016
Annual accounts 2016555,9 k €↑
2015
Annual accounts 2015268 k €↑
2014
Annual accounts 2014222 k €↑
2013
Annual accounts 2013154 k €↑
2012
Annual accounts 20126,5 k €↑
2011
Annual accounts 2011-2,1 k €↑
2010
Annual accounts 2010-7,1 k €↓
2009
Annual accounts 200924,1 k €↓
2008
Annual accounts 200834,1 k €↑
2007
Annual accounts 20079,4 k €↓
2006
Annual accounts 200658,6 k €
31/08/1999
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

MULLER

Overview

What does MULLER 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