ACTIVE

MucH

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Financial year 2025 · closed on 31/08/2025
Net result
104,6 k €
+223.8% YoY
Gross margin
139,2 k €
+125.6% YoY
Equity
611,1 k €
-41.7% YoY

What does MucH do?

MucH is a Private company with limited liability incorporated in 2010. Its main activity is: Development of building projects. Its registered office is in Uccle.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0824.227.212
Incorporation
23/03/2010
Legal form
Private company with limited liability
Registered office
Avenue Jacques Pastur 128
1180 Uccle · BruxellesSee on map
Contributed capital
100 000,00 €
Latest accounts
31/08/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41102Development of building projects68122Buying and selling of own real estate70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (1)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin139,2 k €61,7 k €48,6 k €107,2 k €63,9 k €255,6 k €751,2 k €291,7 k €199,3 k €89,9 k €159,9 k €180,5 k €-65,1 k €52,5 k €
EBITDA136,3 k €59,1 k €46 k €104,9 k €60,6 k €246,7 k €745 k €279,9 k €196,4 k €87 k €157,6 k €180,4 k €-65,5 k €36,6 k €
Operating result118,9 k €39,5 k €25 k €83,6 k €37,2 k €219,8 k €568,3 k €260,3 k €181,3 k €46,3 k €156,1 k €145 k €-128,2 k €-8,2 k €
Net result104,6 k €32,3 k €19,3 k €67,7 k €33,5 k €162,5 k €319,2 k €104,2 k €117,7 k €33,9 k €118,2 k €120,6 k €-135,8 k €-22,9 k €
Balance sheet
Equity611,1 k €1 M €1 M €996,9 k €929,2 k €895,7 k €733,2 k €413,9 k €309,8 k €192,1 k €158,2 k €61,9 k €-58,7 k €77,1 k €
Total assets626,4 k €1,1 M €1 M €1 M €954,4 k €1,1 M €1,4 M €731,6 k €680,1 k €520,3 k €249,3 k €412 k €738 k €395,8 k €
Cash56 k €69,8 k €159,2 k €208,7 k €98,8 k €160,8 k €180,8 k €257,6 k €170,7 k €55,6 k €229,1 k €37,1 k €29,2 k €59,6 k €
Debts14,7 k €10,6 k €20,3 k €42 k €24,6 k €170,7 k €657,5 k €317,7 k €352 k €328,2 k €91,1 k €349,3 k €796,7 k €318 k €
Other
Workforce–––––––––––––0,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 1 active · 2 ended

Active mandates

Muriel De Lathouwer

Manager · since 15 février 2015

Active

Ended mandates

Muriel De Lathouwer

Director · since 15 février 2015

Ended
Bayet Christian

Manager · since 19 mars 2010

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/03/202626/03/202529/03/202431/03/202331/03/202231/03/2021
General meeting16/03/202617/03/202518/03/202420/03/202321/03/202208/03/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/08/202516/03/202630/03/2026FrenchPDF
Micro model31/08/202417/03/202526/03/2025FrenchPDF
Micro model31/08/202318/03/202429/03/2024FrenchPDF
Micro model31/08/202220/03/202331/03/2023FrenchPDF
Micro model31/08/202121/03/202231/03/2022FrenchPDF
Micro model31/08/202008/03/202131/03/2021FrenchPDF
Micro model31/08/201917/02/202029/04/2020FrenchPDF
Micro model31/01/201805/09/201821/09/2018FrenchPDF
Micro model31/01/201705/09/201727/09/2017FrenchPDF
Abridged model31/01/201605/09/201627/09/2016FrenchPDF
Abridged model31/01/201503/09/201529/09/2015FrenchPDF
Abridged modelCorrection31/01/201404/09/201422/09/2015FrenchPDF
Abridged model31/01/201404/09/201430/09/2014FrenchPDF
Abridged model31/01/201310/09/201319/09/2013FrenchPDF
Abridged model31/01/201204/09/201220/09/2012FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/08/2025 · 1 active · 2 ended

Active mandates

Muriel De Lathouwer

Manager · since 15 février 2015

Active

Ended mandates

Muriel De Lathouwer

Director · since 15 février 2015

Ended
Bayet Christian

Manager · since 19 mars 2010

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other16/11/2018
    ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates19/03/2015
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/09/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Other02/04/2010
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025104,6 k €↑
  2. 2024
    Annual accounts 202432,3 k €↑
  3. 2023
    Annual accounts 202319,3 k €↓
  4. 2022
    Annual accounts 202267,7 k €↑
  5. 2021
    Annual accounts 202133,5 k €↓
  6. 2020
    Annual accounts 2020162,5 k €↓
  7. 2019
    Annual accounts 2019319,2 k €↑
  8. 2018
    Annual accounts 2018104,2 k €↓
  9. 2017
    Annual accounts 2017117,7 k €↑
  10. 2016
    Annual accounts 201633,9 k €↓
  11. 2015
    Annual accounts 2015118,2 k €↓
  12. 2014
    Annual accounts 2014120,6 k €↑
  13. 2013
    Annual accounts 2013-135,8 k €↓
  14. 2012
    Annual accounts 2012-22,9 k €
  15. 23/03/2010
    IncorporationPrivate company with limited liability