MOGUL
ActiveThe file of MOGUL contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 4.1% (elevated). The 2024 annual accounts show equity of €117k and a net result of €137k. Equity is growing by ~302.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 18942 sector peers (fiscal year 2024).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability97▲+59
Solvency44▲+32
Growth78=
Track record79
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity tight (current ratio 1.18 against 0.79 in 2023; short-term debt: 80.9% and cash: 14.7% of total assets), and 80.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-02-2026, 189 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
189 d late
2023
55 d late
2022
51 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€117k
2023 · €-20k
2022: €-23k
2023: €-20k
2022 → 2024
Total assets
€614k▲ 297%
2023 · €155k
2022: €276k
2023: €155k
2022 → 2024
Net result
€137k▲ 3,970%
2023 · €3k
2022: €-53k
2023: €3k
2022 → 2024
Working capital
€88k
2023 · €-36k
2022: €-39k
2023: €-36k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€-23k-€-20k▲ 14.5%€117k
Operating result€-51k-€15k€164k▲ 1,008%
Net result€-53k-€3k€137k▲ 3,970%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 1,008% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €614k
Fixed assets
€29k▲ 72.6%
Current assets
€586k▲ 324%
Equity and liabilities €614k
Equity
€117k
Debt
€497k
Debt finances 80.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€173k▲
2023 · €24k
Cash flow
€147k▲
2023 · €12k
Solvency
19.1%▲
2023 · -12.8%
Current ratio
1.18▲
2023 · 0.79
Quick ratio
1.16▲
2023 · 0.74
Debt / equity
4.25▲
2023 · -8.81
ROE
116.9%
ROA
22.3%▲
2023 · 2.2%
Interest coverage
58.21▲
2023 · 1.94
Debt
€497k▲
2023 · €175k
Debt ≤ 1 year
€497k▲
2023 · €175k
Income taxes
€24k
Staff costs
€278k▲
2023 · €231k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€155k€614k▲
Fixed assets21/28€17k€29k▲
Tangible fixed assets22/27€17k€24k▲
Furniture and vehicles24€17k€10k▼
Other tangible fixed assets26-€14k
Financial fixed assets28-€5k
Current assets29/58€138k€586k▲
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€66k€486k▲
Trade receivables40€34k€449k▲
Other amounts receivable41€32k€36k▲
Cash at bank and in hand54/58€62k€90k▲
Equity and liabilities
Total equity and liabilities10/49€155k€614k▲
Equity10/15€-20k€117k▲
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-50k€87k▲
Amounts payable17/49€175k€497k▲
Amounts payable within one year42/48€175k€497k▲
Trade debts44€92k€221k▲
Suppliers440/4€92k€221k▲
Taxes, remuneration and social security45€83k€276k▲
Taxes450/3€56k€80k▲
Remuneration and social security454/9€27k€196k▲
Income statement
Code20232024
Remuneration, social security and pensions62€231k€278k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€613€30k▲
Gross operating margin9900€256k€482k▲
Operating profit (loss)9901€15k€164k▲
Financial income75/76B€917€1▼
Recurring financial income75€917€1▼
Financial charges65/66B€12k€3k▼
Recurring financial charges65€12k€3k▼
Profit (loss) for the period before taxes9903€3k€161k▲
Income taxes67/77-€24k
Profit (loss) for the period9904€3k€137k▲
Profit (loss) for the period to be appropriated9905€3k€137k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€87k▲
Profit (loss) brought forward from the previous period14P€-53k€-50k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 189 days late
2024
31-12
Financial
Highest result since 2022net €137k ▲3970%
Operating result €164k, net result €137k, both a record.
31-12
Financial
Equity above €100kEq €117k
2 profitable years in a row build equity to €117k.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
23-10
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · MOGUL BV STEENWEG OP MECHELEN 455/1, 1950 KRAAINEM · event 13-10-2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
18-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · MOGUL BV STEENWEG OP MECHELEN 455/1, 1950 KRAAINEM · event 12-09-2023
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kraainem · 1 establishment unit since 2022
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.
Steenweg op Mechelen 4551950 KraainemGround area
1.1 ha
Building footprint
1,044 m²
Volume, LiDAR
37,337 m³
2 parcels, Brussels, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
Onderrichtsstraat 1, 1000 Brussel
since 20222.340.369.676
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 21803C0140/00V000 | Brussels | 182 m² | 1 · 179 m² | 25.4 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KARL VANSTIPELEN A. DE COCKPLEIN 9,
1831 DIEGEM |
12-09-2023 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.340.369.676
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,386 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2022
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.