MLU SMU
ActiveThe computed 12-month bankruptcy probability of MLU SMU is 2.4% (moderate). The 2025 annual accounts show equity of €181k and a net result of €71k. Equity is growing by ~34.7% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 5.55 against 7.27 in 2024; short-term debt: 17.2% and cash: 60.8% of total assets), and 17.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
82.8%
Return on assets
32.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
13 d late
2024
30 d late
2023
61 d late
2022
30 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€181k▲ 36.7%
2024 · €133k
2022: €77k
2023: €85k
2024: €133k
2022 → 2025
Total assets
€219k▲ 44.5%
2024 · €152k
2022: €102k
2023: €112k
2024: €152k
2022 → 2025
Net result
€71k▲ 33.4%
2024 · €53k
2022: €75k
2023: €8k
2024: €53k
2022 → 2025
Working capital
€172k▲ 44.2%
2024 · €119k
2022: €63k
2023: €80k
2024: €119k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€77k-€85k▲ 10.3%€133k▲ 55.2%€181k▲ 36.7%
Operating result€96k-€12k▼ 87.1%€67k▲ 445%€91k▲ 35.8%
Net result€75k-€8k▼ 89.4%€53k▲ 563%€71k▲ 33.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 36% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €219k
Fixed assets
€10k▼ 29.1%
Current assets
€210k▲ 51.7%
Equity and liabilities €219k
Equity
€181k▲ 36.7%
Debt
€38k▲ 98.8%
The debt ratio rises from 12.5% to 17.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€95k▲
2024 · €71k
Cash flow
€75k▲
2024 · €57k
Solvency
82.8%▼
2024 · 87.5%
Current ratio
5.55▼
2024 · 7.27
Quick ratio
5.55▼
2024 · 7.27
Debt / equity
0.21▲
2024 · 0.14
ROE
39.0%▼
2024 · 40.0%
ROA
32.3%▼
2024 · 34.9%
Interest coverage
56.03▲
2024 · 38.79
Debt
€38k▲
2024 · €19k
Debt ≤ 1 year
€38k▲
2024 · €19k
Income taxes
€20k▲
2024 · €13k
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€152k€219k▲
Fixed assets21/28€14k€10k▼
Tangible fixed assets22/27€14k€10k▼
Plant, machinery and equipment23€576€203▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€10k€7k▼
Current assets29/58€138k€210k▲
Amounts receivable within one year40/41€16k€42k▲
Trade receivables40€16k€16k▲
Other amounts receivable41-€26k
Current investments50/53€29k€29k=
Cash at bank and in hand54/58€86k€133k▲
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€152k€219k▲
Equity10/15€133k€181k▲
Contributions10/11€2k€2k=
Reserves13€131k€179k▲
Distributable reserves133€131k€179k▲
Amounts payable17/49€19k€38k▲
Amounts payable within one year42/48€19k€38k▲
Trade debts44€396€2k▲
Suppliers440/4€396€2k▲
Taxes, remuneration and social security45€19k€36k▲
Taxes450/3€19k€36k▲
Other amounts payable47/48€99-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€969€1k▲
Gross operating margin9900€72k€97k▲
Operating profit (loss)9901€67k€91k▲
Financial income75/76B-€867
Recurring financial income75-€867
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€66k€91k▲
Income taxes67/77€13k€20k▲
Profit (loss) for the period9904€53k€71k▲
Profit (loss) for the period to be appropriated9905€53k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€71k▲
Transfer from equity791/2-€22k
Transfer to equity691/2€47k€71k▲
To other reserves6921€47k€71k▲
Profit to be distributed694/7€6k€22k▲
Return on contributions (dividend)694-€22k
Directors or managers695€6k-
The notes to these accounts (4 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Equity above €150kEq €181k ▲36.7%
4 profitable years in a row build equity to €181k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Equity above €100kEq €133k ▲55.2%
3 profitable years in a row build equity to €133k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €8k ▼89.4%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
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, Burdinne
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.
Rue des Pages(OTP) 74210 BurdinneGround area
377 m²
Building footprint
111 m²
Volume, LiDAR
867 m³
Parcel 61047A0212/00D000, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61047A0212/00D000 | Wallonia | 377 m² | 1 · 111 m² | 9.6 m · 3 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.