Skip to content

MU

Active
Public limited companyfounded 1993active for 33 yearsDennenlaan(ITE) 1, 2222 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0450.718.022
Summary

MU has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €368,342 and a net result of €140,734. Equity has been growing by about 16% per year since 2018. Its solvency ranks better than 92% of 478 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-08-1993 Normal situation
Activity
Manufacture of machinery and equipment not elsewhere classified NACE 28410and 3 others
Establishment unit
2.063.795.061 2220 Heist-op-den-Berg, since 04-10-1993
Financial year end
31 December
Peppol
Reachable since 27-02-2026

Board and ownership

Board

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€226,975
▲ 17×
Turnover
≈ €580,000
estimated
Profit
€140,734
Equity
€368,342
▲ 61.8%
Total assets
€419,486
▲ 41.8%
Score breakdownraises riskSector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskFounded in 1993Equity €368,342 (87.8% of total assets)Figures for financial year 2025 (filed on 31-07-2026)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 84% of micro companies in machinery and equipment (NACE 28)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 87.8% of total assets
Liquidity 61+13
short-term debt 10.2% · cash 9.2%
Profitability 100+34
return on assets 33.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (979 companies, NACE 28, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.94 (3.69 in 2024), above the usual 1.5. Short-term debt is 10.2% and cash 9.2% of total assets. 12.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, micro). It does better than 89% of them on solvency, 61% on liquidity, 95% on profitability and 92% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €368,342 (87.8% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
lowers risk · Figures for financial year 2025 (filed on 31-07-2026)
NBB · annual accounts
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
9 days early
2023
1 day early
2022
33 days early
2021
3 days late
2020
46 days late
2019
49 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €6,898 in 2024 €140,734 View
  • Positive: Higher solvency than 92% of companies in machinery and equipmentsector median 44.8% · 478 companies 87.8% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Change of role: Henri Meeûs, from director to enige niet statutaire bestuurderResignation: Nan-Chi Huang (director)
  2. · Gazette deed Incorporation
All 19 events

Comparable companies

These companies have the same main activity as MU: manufacture of machinery and equipment not elsewhere classified (NACE 28410). They are comparable in size and age: total assets between €316,000 and €955,000, founded between 1983 and 2003.

CompanyTotal assetsGross margin
MU Heist-op-den-Berg€419,486€226,975
STANNIC Zedelgem€487,082€218,589
DE LAERE METAALBEWERKING Brugge€936,189€359,118
MD-Elec Sombreffe€315,837€200,777
A E & S VAN HOECK Stabroek€459,899€76,446
INDUSTRIAL SERVICE Aalst€728,250€418,351
HABOMETAAL Kortemark€955,491€366,213
Full comparison

Key facts about MU

What is the company number of MU?
The company number of MU is 0450.718.022. The VAT number is the same number with BE in front: BE 0450.718.022.
Where is MU based?
The registered office is at Dennenlaan(ITE) 1, 2222 Heist-op-den-Berg.Company details
What does MU do?
According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28410).
What is the legal form of MU?
The legal form of MU is Public limited company (NV).
When was MU founded?
MU was founded on 23-08-1993.
Is MU still active?
Yes, MU is an active enterprise in the KBO register.
What is the turnover of MU?
The turnover in financial year 2025 is ≈ €580,000. This figure is estimated from the gross margin of €226,975 and 1,648 comparable companies of the same size. It probably lies between €350,000 and €1.1m. It is a rough estimate.Financials
Is MU profitable?
In financial year 2025, MU made a profit of €140,734.
Where can I find the annual accounts of MU?
MU filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MU due?
MU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.