Active BE 0452.408.295Public limited companyOpen bankruptcy

MULLER

Industrieweg 19 ·2320 Hoogstraten, Belgium· 32 yrs active

Sector: Wholesale trade (46494)

Conclusion Checked

A bankruptcy procedure is open for MULLER according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €1.11M and a net result of €2.39M.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€1.11M
Net result	€2.39M
Staff (FTE)	8.6
Better than sector	67%

Snowflake analysis 5 of 5 axes measured · computed by Checked

52 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 34

Profitability 100

Solvency 86

Growth 38

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

34 / 100 Weak

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · verkort

RevenueOperating resultNet result

Sector comparison

Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	46.2%	27.4%	better than 67% of 963 sector peers
Net result	€2.39M	€24k	better than 95% of 963 sector peers
Equity	€1.11M	€172k	better than 83% of 963 sector peers
Gross operating margin	€3.86M	€174k	better than 95% of 961 sector peers
Staff costs	€920k	€166k	higher than 91% of 594 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€5.13M

-47.8% 18-24

EBITDA

€2.87M

- 18-24

Net profit

€2.39M

- 18-24

Cash flow

€2.49M

- 18-24

Total assets

€2.41M

-66.5% 18-24

Equity

€1.11M

+183.1% 18-24

Working capital

€1.02M

- 18-24

Employees (FTE)

9

-60.2% 18-24

Staff costs

€920k

-37.1% 18-24

Income taxes

€282k

+1978.0% 18-24

Dividends

€180k

- 18-24

Debt

€1.30M

-80.9% 18-24

Debt ≤ 1y

€1.29M

-80.7% 18-24

Debt > 1y

€4k

-92.4% 18-24

Current ratio

1.79

+216.6% 18-24

Quick ratio

1.79

+339.3% 18-24

Solvency

46.2%

+745.9% 18-24

Debt / equity

1.17

-93.3% 18-24

ROE

214.2%

- 18-24

ROA

98.9%

- 18-24

Net margin

-45.0%

-606.7% 18-24

EBITDA margin

-35.3%

- 18-24

Interest coverage

26.71

- 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	-
EBITDA	€2.87M
Net profit	€2.39M
Cash flow	€2.49M
Staff costs	€920k
Income taxes	€282k
Dividends	-
Total assets	€2.41M
Equity	€1.11M
Debt	€1.30M
of which ≤ 1y	€1.29M
of which > 1y	€4k
Working capital	€1.02M
Employees (FTE)	8.6

Ratios (computed)

	2024
Current ratio	1.79
Quick ratio	1.79
Working capital ratio	42.4%
Solvency	46.2%
Debt / equity	1.17
Long-term debt ratio	0.00
Interest coverage	26.71
Gross margin	-
Net margin	-
ROA	98.9%
ROE	214.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €96k · 4.0% Current assets €2.32M · 96.0%

Equity & liabilities

Equity €1.11M · 46.2% Debt €1.30M · 53.8%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.41M
Fixed assets	21/28	€96k
Intangible fixed assets	21	€49k
Tangible fixed assets	22/27	€47k
Financial fixed assets	28	€40
Current assets	29/58	€2.32M
Stocks & contracts in progress	3	€0
Amounts receivable within one year	40/41	€1.72M
Investments	50/53	€525k
Cash & bank	54/58	€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.41M
Equity	10/15	€1.11M
Contributions / capital	10/11	€868k
Reserves	13	€792k
Accumulated profits (losses)	14	€-545k
Amounts payable	17/49	€1.30M
Amounts payable after one year	17	€4k
Amounts payable within one year	42/48	€1.29M
Trade debts payable within one year	44	€640k
Income statement
Gross operating margin	9900	€3.86M
Operating result	9901	€2.77M
Financial income	75	€5k
Financial charges	65	€108k
Result before taxes	9903	€2.67M
Income taxes	67/77	€282k
Net result for the period	9904	€2.39M
Result to be appropriated	9905	€2.39M

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	MARK BRUURS ALPHENSEWEG 12, 2387 BAARLE- HERTOG	21-10-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Wholesale trade(46494)
Legal form	Public limited company(014)
Incorporation	24-03-1994
Status	Active
Postal code	2320
First BS signal	27-10-2025
Latest BS signal	27-10-2025

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

Industrieweg 19., 2320 Hoogstraten

Groothandel in porselein en glaswerk

since 19992.066.587.572

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13014F0034/00C002	Flanders	1.9 ha	1 · 6,956 m²	10.8 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

27-10-2025

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Turnhout · MULLER NV INDUS- TRIEWEG 19, 2320 HOOGSTRATEN · event 21-10-2025

29-08-2025