ACTIVE

MULCO

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Financial year 2025 · closed on 31/03/2025
Net result
379,5 k €
+402.5% YoY
Gross margin
612,2 k €
+253.8% YoY
Equity
1,2 M €
+2.2% YoY

What does MULCO do?

MULCO is a Private company with limited liability incorporated in 2010. Its main activity is: Veterinary activities. Its registered office is in Aalter.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0825.790.692
Incorporation
10/05/2010
Legal form
Private company with limited liability
Registered office
Egypteveldstraat 27
9880 Aalter · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Activities (NACE)
75000Veterinary activities· main75000Veterinary activities64200Activities of holding companies64210Activities of holding companies
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin612,2 k €173,1 k €413 k €459,6 k €259,9 k €240,8 k €205,3 k €404,2 k €190,9 k €125,4 k €128,3 k €150,4 k €104,7 k €76,8 k €94,9 k €
EBITDA605,7 k €167,5 k €408,2 k €453,3 k €253,9 k €235,6 k €200,6 k €400,2 k €187,3 k €122,3 k €125,3 k €149,6 k €104,3 k €76,3 k €93,1 k €
Operating result565 k €127,7 k €369,3 k €361,9 k €216,6 k €154,1 k €167,5 k €343 k €107,1 k €85 k €53,5 k €137,3 k €94,5 k €55,5 k €39,1 k €
Net result379,5 k €75,5 k €243,6 k €250 k €140,6 k €96,5 k €104,4 k €193,4 k €54,6 k €27,3 k €18,1 k €83,5 k €57,2 k €29 k €11,1 k €
Balance sheet
Equity1,2 M €1,2 M €1,1 M €894,6 k €831,3 k €692,3 k €597,3 k €492,8 k €299,4 k €244,8 k €217,5 k €199,4 k €115,9 k €58,7 k €29,7 k €
Total assets2 M €2 M €2 M €1,9 M €1,3 M €1,3 M €985,2 k €1 M €927,1 k €749,7 k €769,3 k €524,9 k €513,4 k €497,4 k €428,7 k €
Cash160,5 k €15,5 k €69,4 k €41,8 k €2,8 k €36,2 k €6 k €12,1 k €3,3 k €37,9 k €5,8 k €9,9 k €23,3 k €3,1 k €37,6 k €
Debts681,9 k €733,1 k €848,4 k €923,4 k €511,9 k €585,7 k €387,9 k €524,8 k €626,5 k €504,9 k €551,8 k €325,5 k €397,4 k €438,7 k €399,1 k €
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 31/03/2025 · 2 active · 1 ended

Active mandates

Francky Coppenolle

Director · since 07 mai 2010

Active
Annick Mulier

Director

Active

Ended mandates

Francky Coppenolle

Manager · since 07 mai 2010

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/09/202525/10/202426/10/202303/11/202203/11/202127/10/2020
General meeting06/09/202507/09/202401/09/202302/09/202204/09/202105/09/2020
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 model31/03/202506/09/202526/09/2025DutchPDF
Micro model31/03/202407/09/202425/10/2024DutchPDF
Micro model31/03/202301/09/202326/10/2023DutchPDF
Micro model31/03/202202/09/202203/11/2022DutchPDF
Micro model31/03/202104/09/202103/11/2021DutchPDF
Micro model31/03/202005/09/202027/10/2020DutchPDF
Micro model31/03/201907/09/201930/10/2019DutchPDF
Micro model31/03/201801/09/201831/10/2018DutchPDF
Micro model31/03/201702/09/201727/10/2017DutchPDF
Abridged model31/03/201603/09/201630/09/2016DutchPDF
Abridged model31/03/201505/09/201521/09/2015DutchPDF
Abridged model31/03/201406/09/201426/11/2014DutchPDF
Abridged model31/03/201307/09/201327/09/2013DutchPDF
Abridged model31/03/201201/09/201230/11/2012DutchPDF
Abridged model31/03/201103/09/201130/11/2011DutchPDF
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 31/03/2025 · 2 active · 1 ended

Active mandates

Francky Coppenolle

Director · since 07 mai 2010

Active
Annick Mulier

Director

Active

Ended mandates

Francky Coppenolle

Manager · since 07 mai 2010

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/05/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Other20/05/2010
    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 2025379,5 k €↑
  2. 2024
    Annual accounts 202475,5 k €↓
  3. 2023
    Annual accounts 2023243,6 k €↓
  4. 2022
    Annual accounts 2022250 k €↑
  5. 2021
    Annual accounts 2021140,6 k €↑
  6. 2020
    Annual accounts 202096,5 k €↓
  7. 2019
    Annual accounts 2019104,4 k €↓
  8. 2018
    Annual accounts 2018193,4 k €↑
  9. 2017
    Annual accounts 201754,6 k €↑
  10. 2016
    Annual accounts 201627,3 k €↑
  11. 2015
    Annual accounts 201518,1 k €↓
  12. 2014
    Annual accounts 201483,5 k €↑
  13. 2013
    Annual accounts 201357,2 k €↑
  14. 2012
    Annual accounts 201229 k €↑
  15. 2011
    Annual accounts 201111,1 k €
  16. 10/05/2010
    IncorporationPrivate company with limited liability