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De Muze Vijftig

Active Private limited companyfounded 2016active for 10 yearsZillebeek 89, 9120 Beveren-WaasKBO/BCE: BE 0651.660.054

Lifetime

8 annual accounts with figures on one time axis
peak €879,858 (2023)
€463,177▲ 15.4%
peak €160,517 (2023)
€17,092▼ 56.7%
peak €443,197 (2025)
€443,197▲ 4.0%
€1.2m▼ 3.9%
peak 4.6 FTE (2019)
-not published
Board2 names since 2016
1 director
Documentsfilings and deeds
30-06-202661 days late
2025micro format
Gross margin from €401,314 to €463,177Result from €39,473 to €17,092Appointment: (director) 06-02

Key points

from the 2025 annual accounts

Equity

€443,197 ▲ 4.0%

De Muze Vijftig has made a profit in every financial year since 2017.

Turnover

≈ €1.2m estimated

The accounts state no turnover.

Debts

€1.2m 73% of the balance sheet
Financial debts 61%Suppliers 22%Taxes and wages 4%Other 13%

Of this, €464,810 falls due within a year.

Staff

25 employees on 30-09-2025
1531482021327298202460552025

In 2025, 60 people joined and 55 left.

Filings

8 annual accounts 61 days
deadline20202025

Latest accounts filed late: after the legal deadline.

Position in the sector

€443,197

More equity than 95% of companies in food and beverage service. Sector median €28,348 · 18,564 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,107 companies had the same profile as De Muze Vijftig has now. Each dot stands for 11 companies, two years later.

97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,107 companies, not a prediction for De Muze Vijftig. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, , since 25-09-2023
  • founderdeed of 08-04-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0651660054
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Antwerpen
Appointment: (director) Resignation: (director) · General meeting of 25-09-2023 · Gazette deed
Resignation: (director) Reappointment: (director) · Director discharge: · General meeting of 29-12-2022 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
De Muze Vijftig Antwerp €1.6m €463,177 27.0% -
Hoge Dijk Koksijde €1.7m €456,154 25.9% -
TOSUNCO Ghent €1.5m €477,030 17.9% -
Gebroeders Ak Antwerp €1.1m €476,801 30.0% -
LOCO Middelkerke €1.6m €363,458 19.1% -
CHICO EVENT Ath €1.6m €491,478 -5.5% 12.1
Wel Padel Welkenraedt €1.2m €382,409 -31.1% -

These companies have the same main activity as De Muze Vijftig: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €1.1m and €1.7m, founded between 2012 and 2018.

Official details

Source: KBO
Status
Active since 06-04-2016Normal situation
Activity
Cafés and barsNACE 56301and 1 other
Establishment unit
2.253.021.5722000 Antwerp, since 06-04-2016
Financial year end
30 September
Peppol
Reachable since 08-09-2025
Company details

Annual accounts to 30-09-2025

€1.6m▼ 1.9%
Employeeson 30-09-2025
25▲ 25.0%
Filing
Filed on 30-06-2026
Financials

Insights on De Muze Vijftig

De Muze Vijftig files the micro format. That format states no turnover. The gross margin rose from €80,137 in 2017 to €463,177 in 2025.

The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about De Muze Vijftig

What is the company number of De Muze Vijftig?
The company number of De Muze Vijftig is 0651.660.054. The VAT number is the same number with BE in front: BE 0651.660.054.
Where is De Muze Vijftig based?
The registered office is at Melkmarkt 15, 2000 Antwerp.Company details
What does De Muze Vijftig do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of De Muze Vijftig?
De Muze Vijftig is a private limited company (BV).
When was De Muze Vijftig founded?
De Muze Vijftig was founded on 06-04-2016.
Is De Muze Vijftig still active?
Yes, De Muze Vijftig is an active enterprise in the KBO register.
How many employees does De Muze Vijftig have?
De Muze Vijftig had an average of 17.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of De Muze Vijftig?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €463,177 and 72 comparable companies (NACE 56). It probably lies between €990,000 and €1.4m.
Is De Muze Vijftig profitable?
In financial year 2025, De Muze Vijftig made a profit of €17,092.
Where can I find the annual accounts of De Muze Vijftig?
De Muze Vijftig filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of De Muze Vijftig due?
De Muze Vijftig must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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