ACTIVE

MULDECO

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Financial year 2025 · closed on 31/12/2025
Net result
1,5 k €
-91.2% YoY
Gross margin
139,1 k €
-14.8% YoY
Equity
20,1 k €
+7.8% YoY

What does MULDECO do?

MULDECO is a Private limited company incorporated in 2016. Its main activity is: Painting and glazing. Its registered office is in Oudsbergen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0645.521.043
Incorporation
04/01/2016
Legal form
Private limited company
Registered office
Industrieweg-Noord 1110
3660 Oudsbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
43341Painting and glazing· main43341Painting and glazing43331Floor and wall covering43331Floor and wall covering46733Wholesale of wood, construction materials and sanitary equipment46833Wholesale trade, except of motor vehicles and motorcycles
Joint committees (2)
  • 124
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin139,1 k €163,3 k €130,1 k €128,1 k €128,5 k €92,2 k €235,2 k €286,6 k €191,8 k €
EBITDA31,6 k €36,9 k €23,6 k €20,6 k €17 k €-31,1 k €27,5 k €32,8 k €43,6 k €
Operating result15,9 k €25,3 k €16,7 k €8,1 k €7,7 k €-40,2 k €11,8 k €7,2 k €12,8 k €
Net result1,5 k €16,6 k €11 k €2,4 k €1,5 k €-47,8 k €4,2 k €2,1 k €10,1 k €
Balance sheet
Equity20,1 k €18,7 k €2,1 k €-8,9 k €-11,3 k €-12,8 k €35 k €30,8 k €28,7 k €
Total assets526,1 k €197,3 k €152,1 k €189,1 k €164,5 k €169,5 k €228,4 k €275,2 k €283,4 k €
Cash11,7 k €30,9 k €16,7 k €9,6 k €14,5 k €9,9 k €25 k €13,8 k €31,3 k €
Debts505,8 k €178,6 k €150 k €198 k €175,8 k €182,3 k €193,4 k €244,4 k €218,8 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 · 7 ended

Active mandates

Ronny Smeets

Director · since 04 janvier 2016 · until 18 mars 2025

Active
Stefan Muller

Director · since 04 janvier 2016

Active

Ended mandates

Niels Vranken

Manager · since 02 mai 2016 · until 01 juillet 2019

Ended
Niels Vranken

Manager · since 02 mai 2016

Ended
Frank Muller

Mandate · since 04 janvier 2016

Ended
Frank Muller

Director · since 04 janvier 2016 · until 01 mai 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
CCI● Active
0825.702.701
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/08/202630/08/202526/07/202430/08/202329/06/202231/08/2021
General meeting10/06/202610/06/202510/06/202410/06/202310/06/202210/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202510/06/202619/08/2026DutchPDF
Micro model31/12/202410/06/202530/08/2025DutchPDF
Micro model31/12/202310/06/202426/07/2024DutchPDF
Micro model31/12/202210/06/202330/08/2023DutchPDF
Micro model31/12/202110/06/202229/06/2022DutchPDF
Micro model31/12/202010/06/202131/08/2021DutchPDF
Micro model31/12/201908/09/202031/10/2020DutchPDF
Micro model31/12/201811/06/201929/08/2019DutchPDF
Micro model31/12/201702/01/201829/08/2018DutchPDF
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 · 7 ended

Active mandates

Ronny Smeets

Director · since 04 janvier 2016 · until 18 mars 2025

Active
Stefan Muller

Director · since 04 janvier 2016

Active

Ended mandates

Niels Vranken

Manager · since 02 mai 2016 · until 01 juillet 2019

Ended
Niels Vranken

Manager · since 02 mai 2016

Ended
Frank Muller

Mandate · since 04 janvier 2016

Ended
Frank Muller

Director · since 04 janvier 2016 · until 01 mai 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/07/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/01/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 20251,5 k €↓
  2. 2024
    Annual accounts 202416,6 k €↑
  3. 2023
    Annual accounts 202311 k €↑
  4. 2022
    Annual accounts 20222,4 k €↑
  5. 2021
    Annual accounts 20211,5 k €↑
  6. 2020
    Annual accounts 2020-47,8 k €↓
  7. 2019
    Annual accounts 20194,2 k €↑
  8. 2018
    Annual accounts 20182,1 k €↓
  9. 2017
    Annual accounts 201710,1 k €
  10. 04/01/2016
    IncorporationPrivate limited company