DE MUYT
ActiveDE MUYT has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.31M and a net result of €151k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 7673 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
90
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-20
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 5.72 against 9.59 in 2024), and 16.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
83.7%
Return on assets
9.7%
Age of the figures
8 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
6 d early
2023
8 d early
2022
14 d early
2021
13 d early
2020
18 d early
2019
59 d late
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.31M▼ 3.6%
2024 · €1.35M
2018: €1.01M
2019: €1.07M
2020: €937k
2021: €1.01M
2022: €1.12M
2023: €1.20M
2024: €1.35M
2018 → 2025
Total assets
€1.56M▲ 3.7%
2024 · €1.50M
2018: €1.27M
2019: €1.34M
2020: €1.53M
2021: €1.26M
2022: €1.24M
2023: €1.40M
2024: €1.50M
2018 → 2025
Net result
€151k▼ 28.4%
2024 · €211k
2018: €74k
2019: €58k
2020: €149k
2021: €152k
2022: €140k
2023: €157k
2024: €211k
2018 → 2025
Working capital
€1.18M▼ 5.4%
2024 · €1.25M
2018: €840k
2019: €897k
2020: €756k
2021: €849k
2022: €970k
2023: €1.08M
2024: €1.25M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.01M-€1.12M▲ 10.0%€1.20M▲ 7.5%€1.35M▲ 12.8%€1.31M▼ 3.6%
Operating result€205k-€189k▼ 7.8%€209k▲ 10.6%€283k▲ 35.5%€211k▼ 25.3%
Net result€152k-€140k▼ 7.4%€157k▲ 11.9%€211k▲ 34.1%€151k▼ 28.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.56M
Fixed assets
€126k▲ 17.1%
Current assets
€1.43M▲ 2.7%
Equity and liabilities €1.56M
Equity
€1.31M▼ 3.6%
Debt
€255k▲ 70.4%
The debt ratio rises from 10.0% to 16.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€239k▼
2024 · €303k
Cash flow
€179k▼
2024 · €231k
Solvency
83.7%▼
2024 · 90.0%
Current ratio
5.72▼
2024 · 9.59
Quick ratio
5.08▼
2024 · 8.50
Debt / equity
0.20▲
2024 · 0.11
ROE
11.6%▼
2024 · 15.6%
ROA
9.7%▼
2024 · 14.0%
Interest coverage
11.70▼
2024 · 80.79
Debt
€255k▲
2024 · €150k
Debt ≤ 1 year
€251k▲
2024 · €146k
Income taxes
€64k▼
2024 · €93k
Staff costs
€91k▲
2024 · €67k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.50M€1.56M▲
Fixed assets21/28€107k€126k▲
Tangible fixed assets22/27€107k€126k▲
Land and buildings22€104k€88k▼
Furniture and vehicles24€3k€37k▲
Current assets29/58€1.40M€1.43M▲
Stocks and contracts in progress3€159k€161k▲
Stocks30/36€159k€161k▲
Amounts receivable within one year40/41€75k€54k▼
Trade receivables40€74k€43k▼
Other amounts receivable41€1k€10k▲
Current investments50/53€931k€814k▼
Cash at bank and in hand54/58€229k€404k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.50M€1.56M▲
Equity10/15€1.35M€1.31M▼
Contributions10/11€31k€31k=
Reserves13€1.31M€1.26M▼
Distributable reserves133€1.31M€1.26M▼
Profit (loss) carried forward14€11k€12k▲
Amounts payable17/49€150k€255k▲
Amounts payable within one year42/48€146k€251k▲
Current portion of amounts payable after more than one year42-€800
Trade debts44€18k€19k▲
Suppliers440/4€18k€19k▲
Taxes, remuneration and social security45€67k€36k▼
Taxes450/3€55k€19k▼
Remuneration and social security454/9€12k€17k▲
Other amounts payable47/48€61k€195k▲
Accrued charges and deferred income492/3€4k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€67k€91k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€28k▲
Other operating charges640/8€7k€6k▼
Gross operating margin9900€376k€337k▼
Operating profit (loss)9901€283k€211k▼
Financial income75/76B€25k€24k▼
Recurring financial income75€25k€24k▼
Financial charges65/66B€4k€20k▲
Recurring financial charges65€4k€20k▲
Profit (loss) for the period before taxes9903€304k€215k▼
Income taxes67/77€93k€64k▼
Profit (loss) for the period9904€211k€151k▼
Profit (loss) for the period to be appropriated9905€211k€151k▼
Appropriation of the result
Profit (loss) to be appropriated9906€221k€162k▼
Profit (loss) brought forward from the previous period14P€10k€11k▲
Transfer from equity791/2€57k€200k▲
Transfer to equity691/2€210k€150k▼
To other reserves6921€210k€150k▼
Profit to be distributed694/7€57k€200k▲
Return on contributions (dividend)694€57k€200k▲
Social balance
Average headcount (FTE)90872.01.9▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €211k ▲34.1%
Operating result €283k, net result €211k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 9.40
Current ratio from 4.65 to 9.40; short-term debt falls from €232k to €115k.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.01M ▲8.3%
4 profitable years in a row build equity to €1.01M.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
2019
31-12
Financial
Weakest financial yearnet €58k ▼21.3%
Net result drops to €58k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ieper · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brugseweg 938900 IeperGround area
1,436 m²
Building footprint
357 m²
Volume, LiDAR
2,046 m³
Parcel 33302A0202/00N002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brugseweg 93, 8900 Ieper
since 19942.065.266.194
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33302A0202/00N002 | Flanders | 1,436 m² | 1 · 357 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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ELEKTRO BERINGS
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Halen · Eq €1.31M
L & T QUALITY
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Kooi Security België
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 3,901 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-1993
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45332
47540Retail sale of electrical household appliances
52450
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.