MRS BIOUL
ActiveSummary
MRS BIOUL has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.68M and a net result of €602k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83=
Solvency100=
Growth57▼-14
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 10.56 against 42.14 in 2024; short-term debt: 1.1% and cash: 11.4% of total assets), and 1.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.9%
Return on assets
5.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
51 d early
2023
64 d early
2022
35 d early
2021
61 d early
2020
61 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.33M▲ 3.1%
2024 · €1.29M
2018: €856klowest in 8 years
2019: €925k▲ +8.0% vs 2018
2020: €1.01M▲ +9.3% vs 2019
2021: €1.03M▲ +1.7% vs 2020
2022: €1.12M▲ +9.3% vs 2021
2023: €1.24M▲ +10.5% vs 2022
2024: €1.29M▲ +4.3% vs 2023
2025: €1.33M▲ +3.1% vs 2024highest in 8 years
2018 → 2025
EBIT margin
57.1%▲ 0.7pp
2024 · 56.4%
2018: 52.7%
2019: 53.6%▲ +1.6% vs 2018
2020: 51.6%▼ -3.7% vs 2019
2021: 50.2%▼ -2.7% vs 2020lowest in 8 years
2022: 53.5%▲ +6.5% vs 2021
2023: 53.9%▲ +0.8% vs 2022
2024: 56.4%▲ +4.7% vs 2023
2025: 57.1%▲ +1.2% vs 2024highest in 8 years
2018 → 2025
Net result
€602k▼ 4.1%
2024 · €628k
2018: €331klowest in 8 years
2019: €419k▲ +26.8% vs 2018
2020: €371k▼ -11.5% vs 2019
2021: €384k▲ +3.4% vs 2020
2022: €448k▲ +16.7% vs 2021
2023: €502k▲ +12.1% vs 2022
2024: €628k▲ +25.2% vs 2023highest in 8 years
2025: €602k▼ -4.1% vs 2024
2018 → 2025
Working capital
€1.22M▼ 68.3%
2024 · €3.85M
2018: €1.42M
2019: €814k▼ -42.6% vs 2018lowest in 8 years
2020: €1.57M▲ +93.1% vs 2019
2021: €1.28M▼ -18.2% vs 2020
2022: €1.83M▲ +42.6% vs 2021
2023: €2.78M▲ +51.6% vs 2022
2024: €3.85M▲ +38.7% vs 2023highest in 8 years
2025: €1.22M▼ -68.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.03M-€1.12M▲ 9.3%€1.24M▲ 10.5%€1.29M▲ 4.3%€1.33M▲ 3.1%
2021: €1.03Mlowest in 5 years
2022: €1.12M▲ +9.3% vs 2021
2023: €1.24M▲ +10.5% vs 2022
2024: €1.29M▲ +4.3% vs 2023
2025: €1.33M▲ +3.1% vs 2024highest in 5 years
Equity€13.19M-€13.63M▲ 3.4%€14.13M▲ 3.7%€14.76M▲ 4.4%€11.68M▼ 20.9%
2021: €13.19M
2022: €13.63M▲ +3.4% vs 2021
2023: €14.13M▲ +3.7% vs 2022
2024: €14.76M▲ +4.4% vs 2023highest in 5 years
2025: €11.68M▼ -20.9% vs 2024lowest in 5 years
Operating result€516k-€601k▲ 16.4%€669k▲ 11.4%€731k▲ 9.2%€762k▲ 4.3%
2021: €516klowest in 5 years
2022: €601k▲ +16.4% vs 2021
2023: €669k▲ +11.4% vs 2022
2024: €731k▲ +9.2% vs 2023
2025: €762k▲ +4.3% vs 2024highest in 5 years
Net result€384k-€448k▲ 16.7%€502k▲ 12.1%€628k▲ 25.2%€602k▼ 4.1%
2021: €384klowest in 5 years
2022: €448k▲ +16.7% vs 2021
2023: €502k▲ +12.1% vs 2022
2024: €628k▲ +25.2% vs 2023highest in 5 years
2025: €602k▼ -4.1% vs 2024
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.81M
Fixed assets
€10.46M ▼ 4.1%
Current assets
€1.35M ▼ 65.8%
Equity and liabilities €11.81M
Equity
€11.68M ▼ 20.9%
Debt
€128k ▲ 36.4%
Debt's share of the balance-sheet total rises from 0.6% to 1.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.21M▲
2024 · €1.18M
Cash flow
€1.05M▼
2024 · €1.08M
Current ratio
10.56▼
2024 · 42.14
Debt to equity
0.01▲
2024 · 0.01
ROE
5.2%▲
2024 · 4.3%
ROA
5.1%▲
2024 · 4.2%
Interest coverage
39010.61▲
2024 · 12972.15
Debt ≤ 1 year
€128k▲
2024 · €94k
Income taxes
€202k▼
2024 · €212k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€14.86M€11.81M▼
Fixed assets21/28€10.91M€10.46M▼
Tangible fixed assets22/27€10.91M€10.46M▼
Land and buildings22€10.91M€10.46M▼
Current assets29/58€3.95M€1.35M▼
Amounts receivable within one year40/41€77k-
Other amounts receivable41€77k-
Current investments50/53€3.30M-
Other investments51/53€3.30M-
Cash at bank and in hand54/58€524k€1.35M▲
Deferred charges and accrued income490/1€45k-
Equity and liabilities
Total equity and liabilities10/49€14.86M€11.81M▼
Equity10/15€14.76M€11.68M▼
Contributions10/11€10.85M€10.85M=
Capital10€10.85M€10.85M=
Issued capital100€10.85M€10.85M=
Reserves13€231k€262k▲
Non-distributable reserves130/1€231k€262k▲
Legal reserve130€231k€262k▲
Profit (loss) carried forward14€3.68M€572k▼
Amounts payable17/49€94k€128k▲
Amounts payable within one year42/48€94k€128k▲
Trade debts44€26k€43k▲
Suppliers440/4€26k€43k▲
Taxes, remuneration and social security45€67k€85k▲
Taxes450/3€67k€85k▲
Income statement
Code20242025
Operating income70/76A€1.29M€1.33M▲
Turnover70€1.29M€1.33M▲
Operating charges60/66A€564k€572k▲
Services and other goods61€115k€124k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€447k€447k=
Other operating charges640/8€2k€372▼
Operating profit (loss)9901€731k€762k▲
Financial income75/76B€110k€42k▼
Recurring financial income75€110k€42k▼
Income from current assets751€110k€42k▼
Financial charges65/66B€91€31▼
Recurring financial charges65€91€31▼
Other financial charges652/9€91-
Non-recurring financial charges66B-€31
Profit (loss) for the period before taxes9903€840k€804k▼
Income taxes67/77€212k€202k▼
Taxes670/3€212k€202k▼
Profit (loss) for the period9904€628k€602k▼
Profit (loss) for the period to be appropriated9905€628k€602k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.71M€4.28M▲
Profit (loss) brought forward from the previous period14P€3.08M€3.68M▲
Transfer to equity691/2€31k€30k▼
To the legal reserve6920€31k€30k▼
Profit to be distributed694/7-€3.68M
Return on contributions (dividend)694-€3.68M
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €1.03M | €1.12M | €1.24M | €1.29M | €1.33M | ▲ 3.1% |
| Turnover70 | €1.03M | €1.12M | €1.24M | €1.29M | €1.33M | ▲ 3.1% |
| Operating charges60/66A | €512k | €523k | €572k | €564k | €572k | ▲ 1.4% |
| Services and other goods61 | €115k | €98k | €121k | €115k | €124k | ▲ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €395k | €424k | €447k | €447k | €447k | = |
| Other operating charges640/8 | €2k | €1k | €4k | €2k | €372 | ▼ 75.6% |
| Operating profit (loss)9901 | €516k | €601k | €669k | €731k | €762k | ▲ 4.3% |
| Financial income75/76B | - | - | €330 | €110k | €42k | ▼ 61.7% |
| Recurring financial income75 | - | - | €330 | €110k | €42k | ▼ 61.7% |
| Income from current assets751 | - | - | - | €110k | €42k | ▼ 61.7% |
| Other financial income752/9 | - | - | €330 | - | - | - |
| Financial charges65/66B | €30 | €60 | €30 | €91 | €31 | ▼ 65.9% |
| Recurring financial charges65 | €30 | €60 | €30 | €91 | €31 | ▼ 65.9% |
| Other financial charges652/9 | €30 | €60 | €30 | €91 | - | - |
| Non-recurring financial charges66B | - | - | - | - | €31 | - |
| Profit (loss) for the period before taxes9903 | €516k | €601k | €669k | €840k | €804k | ▼ 4.3% |
| Income taxes67/77 | €133k | €153k | €168k | €212k | €202k | ▼ 4.8% |
| Taxes670/3 | €133k | €153k | €168k | €212k | €202k | ▼ 4.8% |
| Profit (loss) for the period9904 | €384k | €448k | €502k | €628k | €602k | ▼ 4.1% |
| Profit (loss) for the period to be appropriated9905 | €384k | €448k | €502k | €628k | €602k | ▼ 4.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.27M | €13.66M | €14.16M | €14.86M | €11.81M | ▼ 20.5% |
| Fixed assets21/28 | €11.90M | €11.80M | €11.36M | €10.91M | €10.46M | ▼ 4.1% |
| Tangible fixed assets22/27 | €11.90M | €11.80M | €11.36M | €10.91M | €10.46M | ▼ 4.1% |
| Land and buildings22 | €10.58M | €11.80M | €11.36M | €10.91M | €10.46M | ▼ 4.1% |
| Assets under construction and advance payments27 | €1.32M | - | - | - | - | - |
| Current assets29/58 | €1.37M | €1.86M | €2.80M | €3.95M | €1.35M | ▼ 65.8% |
| Amounts receivable within one year40/41 | €145k | €52k | €84k | €77k | - | - |
| Trade receivables40 | - | €45k | - | - | - | - |
| Other amounts receivable41 | €145k | €7k | €84k | €77k | - | - |
| Current investments50/53 | - | - | - | €3.30M | - | - |
| Other investments51/53 | - | - | - | €3.30M | - | - |
| Cash at bank and in hand54/58 | €1.22M | €1.80M | €2.72M | €524k | €1.35M | ▲ 157% |
| Deferred charges and accrued income490/1 | - | - | - | €45k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.27M | €13.66M | €14.16M | €14.86M | €11.81M | ▼ 20.5% |
| Equity10/15 | €13.19M | €13.63M | €14.13M | €14.76M | €11.68M | ▼ 20.9% |
| Contributions10/11 | €10.85M | €10.85M | €10.85M | €10.85M | €10.85M | = |
| Capital10 | €10.85M | €10.85M | €10.85M | €10.85M | €10.85M | = |
| Issued capital100 | €10.85M | €10.85M | €10.85M | €10.85M | €10.85M | = |
| Reserves13 | €153k | €175k | €200k | €231k | €262k | ▲ 13.0% |
| Non-distributable reserves130/1 | €153k | €175k | €200k | €231k | €262k | ▲ 13.0% |
| Legal reserve130 | €153k | €175k | €200k | €231k | €262k | ▲ 13.0% |
| Distributable reserves133 | €0 | - | - | - | - | - |
| Profit (loss) carried forward14 | €2.18M | €2.61M | €3.08M | €3.68M | €572k | ▼ 84.5% |
| Amounts payable17/49 | €82k | €24k | €25k | €94k | €128k | ▲ 36.4% |
| Amounts payable within one year42/48 | €82k | €24k | €25k | €94k | €128k | ▲ 36.4% |
| Trade debts44 | €26k | €23k | €25k | €26k | €43k | ▲ 64.0% |
| Suppliers440/4 | €26k | €23k | €25k | €26k | €43k | ▲ 64.0% |
| Taxes, remuneration and social security45 | €57k | €330 | - | €67k | €85k | ▲ 25.6% |
| Taxes450/3 | €57k | €330 | - | €67k | €85k | ▲ 25.6% |
| Other amounts payable47/48 | - | - | €36 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €384k | €448k | €502k | €628k | €602k | ▼ 4.1% |
| + Depreciation and write-downs630 | €395k | €424k | €447k | €447k | €447k | = |
| Operating cash flow (approximation) | €778k | €871k | €949k | €1.08M | €1.05M | ▼ 2.4% |
| Investment in fixed assets (approximation) | - | €-324k | €-3k | €0 | €0 | - |
| Change in cash | - | €581k | €914k | €-2.19M | €825k | ▲ 138% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
State Gazette act
Resignation: Yves Poullet (director)Appointment: Serge Lignot (director)3 facts ▸
State Gazette act
Resignation: Yves Poullet (director)
Appointment: Serge Lignot (director)3 facts ▸
- General meeting, 30 JUIN 2026
- Director resignation, Yves Poullet (director)
- Director appointment, Serge Lignot (director)
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €628k ▲25.2%
Net result €628k, the highest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity times 5current ratio 77.91
Current ratio from 16.59 to 77.91; short-term debt falls from €82k to €24k.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 72.78
Current ratio from 20.46 to 72.78; short-term debt falls from €73k to €11k.
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 20 acts read
About the unread acts
Of the 20 Belgian State Gazette acts we know for this company, 1 has been read. The other 19 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Serge Lignot
CurrentDirector · since 30-06-2026
30-07-2026
POULLET, Yves: Resigned as Director
30-06-2026
Serge Lignot: Appointed as Director
Not every act has been read: a resignation may be missing here
19 of this company's 20 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1996
Ground area
2,095 m²
Building footprint
1,055 m²
Volume, LiDAR
18,510 m³
Parcel 21009A0854/00H000, Brussels · tallest building 23.2 m, ±6 floors. Linked by address, not a title deed.
23
companies at this address
See who is registered here
1 establishment unit
MRS BIOUL
since 19962.075.616.490
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0854/00H000 | Brussels | 2,095 m² | 1 · 1,055 m² | 23.2 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 1,974 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-11-1995
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.