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De Mouterij

Active
Private limited companyfounded 195670 yrs activeKambalastraat 14, 2030 Antwerpen, BelgiumKBO/BCE: BE 0403.807.436
Summary

De Mouterij has been active since 1956 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€7,530) and a net result of -€48,743. Equity is shrinking by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 17% of 9341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-4
Solvency25▼-1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.82 against 1.02 in 2024; short-term debt: 55.1% and cash: 0.4% of total assets), but equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 70 years 0 80 y
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-0.1%
Return on assets
-0.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€7,530
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 d early
2024
17 d early
2023
6 d early
2022
85 d late
2021
40 d late
2020
30 d late
2019
395 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 73 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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. Usually files around 26 July (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

De Mouterij was incorporated on 9 June 1956.1 Total assets rose from EUR 54,183 in 2018 to EUR 5.4 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€7,530
2024 · €41,213
Total assets
€5.4m▲ 95.2%
2024 · €2.8m
Net result
-€48,743
2024 · €19,643
Working capital
€2.4m▲ 5,780%
2024 · €41,213
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€13,048▲ 9.1%€23,537-€24,640€21,860-€12,239
Net result-€13,125below the sector's middle half▲ 11.8%€23,144within the sector's middle half-€24,969below the sector's middle half€19,643within the sector's middle half-€48,743below the sector's middle half
Equity€23,395below the sector's middle half▼ 35.9%€46,539below the sector's middle half▲ 98.9%€21,570below the sector's middle half▼ 53.7%€41,213below the sector's middle half▲ 91.1%-€7,530below the sector's middle half
Total assets€51,303below the sector's middle half▲ 2.5%€51,255below the sector's middle half▼ 0.1%€31,810below the sector's middle half▼ 37.9%€2.8mwithin the sector's middle half▲ 8,591%€5.4mabove the sector's middle half▲ 95.2%
Debt€27,908▲ 106%€4,716▼ 83.1%€10,240▲ 117%€2.7m▲ 26,497%€5.4m▲ 98.4%
Working capital€23,428within the sector's middle half▼ 35.9%€46,759within the sector's middle half▲ 99.6%€21,570within the sector's middle half▼ 53.9%€41,213within the sector's middle half▲ 91.1%€2.4mabove the sector's middle half▲ 5,780%
Solvency45.6%within the sector's middle half▼ 27.4pp90.8%above the sector's middle half▲ 45.2pp67.8%above the sector's middle half▼ 23.0pp1.5%below the sector's middle half▼ 66.3pp-0.1%below the sector's middle half▼ 1.6pp
Current ratio1.84within the sector's middle half▼ 1.8611.40above the sector's middle half▲ 9.563.11above the sector's middle half▼ 8.291.02within the sector's middle half▼ 2.091.82within the sector's middle half▲ 0.80
Return on assets (ROA)-25.6%below the sector's middle half▲ 4.2pp45.2%above the sector's middle half▲ 70.7pp-78.5%below the sector's middle half▼ 123.6pp0.7%within the sector's middle half▲ 79.2pp-0.9%within the sector's middle half▼ 1.6pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2021: -€13,048-€13,048Net result 2021: -€13,125-€13,125Operating result 2022: €23,537€23,537Net result 2022: €23,144€23,144Operating result 2023: -€24,640-€24,640Net result 2023: -€24,969-€24,969Operating result 2024: €21,860€21,860Net result 2024: €19,643€19,643Operating result 2025: -€12,239-€12,239Net result 2025: -€48,743-€48,74320212022202320242025-€60,000-€40,000-€20,000€0€20,000Operating result 2023: -€24,640-€24,600Net result 2023: -€24,969-€25,000Operating result 2024: €21,860€21,900Net result 2024: €19,643€19,600Operating result 2025: -€12,239-€12,200Net result 2025: -€48,743-€48,700202320242025
The operating result turns negative in 2025: a loss of €12,239 after €21,860 in 2024.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.90▲
2024 · 0.14
Debt ≤ 1 year
€3.0m▲
2024 · €2.7m
Debt > 1 year
€2.4m
A ratio outside any meaningful range has been withheld (balance sheet total €5.4m, equity -€7,530).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,241 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 93% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a small loss
1.8% went bankrupt
4.0% stopped otherwise
93% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,241 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.8m€5.4m▲
Current assets29/58€2.8m€5.4m▲
Stocks and contracts in progress3€2.4m€2.7m▲
Stocks30/36€2.4m€2.7m▲
Amounts receivable within one year40/41€359,091€2.7m▲
Trade receivables40€9,632-
Other amounts receivable41€349,460€2.7m▲
Cash at bank and in hand54/58€16,845€20,092▲
Equity and liabilities
Total equity and liabilities10/49€2.8m€5.4m▲
Equity10/15€41,213-€7,530▼
Contributions10/11€18,592€18,592=
Reserves13€212,678€212,678=
Distributable reserves133€212,678€212,678=
Profit (loss) carried forward14-€190,057-€238,800▼
Amounts payable17/49€2.7m€5.4m▲
Amounts payable after more than one year17-€2.4m
Trade debts175-€2.4m
Amounts payable within one year42/48€2.7m€3.0m▲
Trade debts44€2.5m€33,301▼
Suppliers440/4€2.5m€33,301▼
Other amounts payable47/48€260,990€2.9m▲
Income statement Code20242025
Non-recurring operating income76A€15,980-
Other operating charges640/8€203€1,206▲
Gross operating margin9900€22,063-€11,033▼
Operating profit (loss)9901€21,860-€12,239▼
Financial charges65/66B€2,217€36,504▲
Recurring financial charges65€2,217€36,504▲
Profit (loss) for the period before taxes9903€19,643-€48,743▼
Profit (loss) for the period9904€19,643-€48,743▼
Profit (loss) for the period to be appropriated9905€19,643-€48,743▼
Appropriation of the result
Profit (loss) to be appropriated9906-€190,057-€238,800▼
Profit (loss) brought forward from the previous period14P-€209,700-€190,057▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€15,980--
Other operating charges640/8€535€697€109€203€1,206▲ 494%
Non-recurring operating charges66A--€20,000---
Gross operating margin9900-€12,514€24,234-€4,531€22,063-€11,033▼ 150%
Operating profit (loss)9901-€13,048€23,537-€24,640€21,860-€12,239▼ 156%
Financial charges65/66B€77€393€328€2,217€36,504▲ 1,546%
Recurring financial charges65€77€393€328€2,217€36,504▲ 1,546%
Profit (loss) for the period before taxes9903-€13,125€23,144-€24,969€19,643-€48,743▼ 348%
Profit (loss) for the period9904-€13,125€23,144-€24,969€19,643-€48,743▼ 348%
Profit (loss) for the period to be appropriated9905-€13,125€23,144-€24,969€19,643-€48,743▼ 348%
Line20212022202320242025Change
Assets
Total assets20/58€51,303€51,255€31,810€2.8m€5.4m▲ 95.2%
Current assets29/58€51,303€51,255€31,810€2.8m€5.4m▲ 95.2%
Stocks and contracts in progress3---€2.4m€2.7m▲ 13.6%
Stocks30/36---€2.4m€2.7m▲ 13.6%
Amounts receivable within one year40/41€49,708€49,708€30,313€359,091€2.7m▲ 641%
Trade receivables40€20,000€20,000€605€9,632--
Other amounts receivable41€29,708€29,708€29,708€349,460€2.7m▲ 661%
Cash at bank and in hand54/58€1,595€1,547€1,497€16,845€20,092▲ 19.3%
Equity and liabilities
Total equity and liabilities10/49€51,303€51,255€31,810€2.8m€5.4m▲ 95.2%
Equity10/15€23,395€46,539€21,570€41,213-€7,530▼ 118%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Reserves13€212,678€212,678€212,678€212,678€212,678=
Non-distributable reserves130/1€1,859€1,859€1,859---
Reserves not available under the articles1311€1,859€1,859€1,859---
Distributable reserves133€210,819€210,819€210,819€212,678€212,678=
Profit (loss) carried forward14-€207,875-€184,731-€209,700-€190,057-€238,800▼ 25.6%
Amounts payable17/49€27,908€4,716€10,240€2.7m€5.4m▲ 98.4%
Amounts payable after more than one year17----€2.4m-
Trade debts175----€2.4m-
Amounts payable within one year42/48€27,875€4,496€10,240€2.7m€3.0m▲ 9.1%
Trade debts44€24,310€353€2,324€2.5m€33,301▼ 98.6%
Suppliers440/4€24,310€353€2,324€2.5m€33,301▼ 98.6%
Other amounts payable47/48€3,565€4,143€7,916€260,990€2.9m▲ 1,026%
Accrued charges and deferred income492/3€33€220----
Line20212022202320242025Change
Profit (loss) for the period9904-€13,125€23,144-€24,969€19,643-€48,743▼ 348%
Operating cash flow (approximation)-€13,125€23,144-€24,969€19,643-€48,743▼ 348%
Change in cash--€48-€50€15,348€3,247▼ 78.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€48,743
Net result drops to -€48,743, the lowest in the series.
14-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €19,643
Net result €19,643 after one loss-making year.
25-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 85 days late
2022
31-12
Financial Back to profitnet €23,144
Net result €23,144 after 4 loss-making years.
31-12
Financial Liquidity times 6current ratio 11.40
Current ratio from 1.84 to 11.40; short-term debt falls from €27,875 to €4,496.
09-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 40 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
30-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 395 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1956
seat establishment The establishment unit on the map
Ground area
1,867 m²
Building footprint
705 m²
Volume, LiDAR
7,582 m³
2 parcels, Flanders · tallest building 17.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Vrijheid 147, 2320 Hoogstraten
Real estate development
since 19562.004.790.159
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11807G1486/00D000indicative Flanders 1,239 m² - -
13014E0346/00F000 Flanders 627 m² 1 · 705 m² 17.2 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. BREW2320 100%
  2. De Mouterij

Highest known parent: BREW2320. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. 3,135 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-06-1956
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0403807436
Also 9925:BE0403807436
Registered 21-03-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.