MF MOUSTIER
ActiveSummary
The computed 12-month bankruptcy probability of MF MOUSTIER is 5.2% (elevated). The 2024 annual accounts show negative equity (-€8,009) and a net result of -€11,009. Its solvency ranks better than 27% of 18,960 sector peers (NACE 56, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 5.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 1,555 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.
| Line | 2024 |
|---|---|
| Remuneration, social security and pensions62 | €138,279 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,204 |
| Other operating charges640/8 | €45,180 |
| Gross operating margin9900 | €229,560 |
| Operating profit (loss)9901 | -€1,103 |
| Financial charges65/66B | €9,907 |
| Recurring financial charges65 | €9,907 |
| Profit (loss) for the period before taxes9903 | -€11,009 |
| Profit (loss) for the period9904 | -€11,009 |
| Profit (loss) for the period to be appropriated9905 | -€11,009 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €604,318 | |
| Fixed assets21/28 | €520,602 | |
| Intangible fixed assets21 | €115,000 | |
| Tangible fixed assets22/27 | €405,363 | |
| Land and buildings22 | €397,167 | |
| Furniture and vehicles24 | €1,594 | |
| Other tangible fixed assets26 | €6,602 | |
| Financial fixed assets28 | €240 | |
| Current assets29/58 | €83,716 | |
| Stocks and contracts in progress3 | €3,625 | |
| Stocks30/36 | €3,625 | |
| Amounts receivable within one year40/41 | €23,929 | |
| Trade receivables40 | €3,929 | |
| Other amounts receivable41 | €20,000 | |
| Cash at bank and in hand54/58 | €56,162 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €604,318 | |
| Equity10/15 | -€8,009 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | -€11,009 | |
| Amounts payable17/49 | €612,327 | |
| Amounts payable after more than one year17 | €467,423 | |
| Financial debts170/4 | €467,423 | |
| Amounts payable within one year42/48 | €137,859 | |
| Current portion of amounts payable after more than one year42 | €36,508 | |
| Trade debts44 | €27,911 | |
| Suppliers440/4 | €27,911 | |
| Taxes, remuneration and social security45 | €18,133 | |
| Taxes450/3 | €1,364 | |
| Remuneration and social security454/9 | €16,770 | |
| Other amounts payable47/48 | €55,306 | |
| Accrued charges and deferred income492/3 | €7,046 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€11,009 |
| + Depreciation and write-downs630 | €47,204 |
| Operating cash flow (approximation) | €36,194 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.