ACTIVE

MUST SYSTEME

Financial year 2025 · Closed on 31/12/2025

Net result-1,6 k €-152,1 %over 1 year
Revenue4 k €-55,6 %over 1 year
Equity1,4 k €-52,1 %over 1 year

Identity

Source · BCE/KBO

MUST SYSTEME is a Private limited company incorporated in 2024. Its registered office is in Grimbergen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 1007.901.561
Incorporation
02/04/2024
Legal form
Private limited company
Registered office
Strombeeklinde 45 box 101
1853 Grimbergen · FlandreSee on map
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20252024
Income statement
Revenue4 k €9 k €
EBITDA-1,5 k €3 k €
Operating result-1,5 k €3 k €
Net result-1,6 k €3 k €
Balance sheet
Equity1,4 k €3 k €
Total assets1,5 k €3,2 k €
Cash178,9 €575,3 €
Debts12,1 €164,3 €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Other companies at this address

Strombeeklinde 45 1853 Grimbergen

Full financial information

Source · NBB
20252024
Type of accountMicro modelMicro model
Start of the financial year01/01/202502/04/2024
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months9 months
Filing date24/08/202625/07/2025
General meeting24/08/202625/07/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 2 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202524/08/202624/08/2026FrenchPDF
Micro model31/12/202425/07/202525/07/2025FrenchPDF

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.

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other04/04/2024
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings2 filings
202420252026
MUST SYSTEME
Strombeeklinde 45 bte 101, 1853 Strombeek-Bever
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Strombeeklinde 45 bte 101, 1853 Strombeek-BeverCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00445081

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MUST SYSTEMECurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00445081

Events

  1. 2025
    Annual accounts 2025-1,6 k €↓
  2. 2024
    Annual accounts 20243 k €
  3. 02/04/2024
    IncorporationPrivate limited company