MU - PET
ActiveThe annual accounts of MU - PET for fiscal year 2025 show a net loss of 73% of total assets and of 73% of the equity at the start of that year. The 2025 annual accounts show equity of €7k and a net result of €-19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 82 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-10
Solvency52▼-28
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.72 against 0.52 in 2024; short-term debt: 73.1% and cash: 16.5% of total assets), and 73.1% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Sector 24
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.9%
Return on assets
-73.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-19k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 10 filingsDeviation from the deadline
2025
11 d late
2024
on the day
2023
37 d early
2022
227 d late
2021
29 d late
2020
30 d late
2019
96 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▼ 73.1%
2024 · €26k
2018: €-2k
2019: €19k
2020: €31k
2021: €18k
2022: €33k
2023: €33k
2024: €26k
2018 → 2025
Total assets
€26k▼ 45.0%
2024 · €47k
2018: €12k
2019: €37k
2020: €45k
2021: €39k
2022: €51k
2023: €51k
2024: €47k
2018 → 2025
Net result
€-19k▼ 169%
2024 · €-7k
2018: €-3k
2019: €17k
2020: €12k
2021: €-13k
2022: €15k
2023: €55
2024: €-7k
2018 → 2025
Working capital
€-5k▲ 39.3%
2024 · €-9k
2018: €-2k
2019: €18k
2020: €31k
2021: €18k
2022: €29k
2023: €15k
2024: €-9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€33k▲ 80.8%€33k▲ 0.2%€26k▼ 21.4%€7k▼ 73.1%
Operating result€-14k-€16k€-315€-5k▼ 1,578%€-16k▼ 208%
Net result€-13k-€15k€55▼ 99.6%€-7k€-19k▼ 169%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26k
Fixed assets
€12k▼ 67.0%
Current assets
€14k▲ 39.8%
Equity and liabilities €26k
Equity
€7k▼ 73.1%
Debt
€19k▼ 10.6%
The debt ratio rises from 44.9% to 73.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-12k▼
2024 · €2k
Cash flow
€-15k▼
2024 · €309
Solvency
26.9%▼
2024 · 55.1%
Current ratio
0.72▲
2024 · 0.52
Quick ratio
0.72▲
2024 · 0.52
Debt / equity
2.71▲
2024 · 0.82
ROE
-271.7%▼
2024 · -27.1%
ROA
-73.2%▼
2024 · -14.9%
Interest coverage
-4.63▼
2024 · 1.21
Debt
€19k▼
2024 · €21k
Debt ≤ 1 year
€19k▲
2024 · €18k
Debt > 1 year
€0▼
2024 · €3k
Income taxes
€178▲
2024 · €44
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€47k€26k▼
Fixed assets21/28€37k€12k▼
Tangible fixed assets22/27€37k€12k▼
Plant, machinery and equipment23€11k€9k▼
Furniture and vehicles24€23k€582▼
Other tangible fixed assets26€3k€3k▼
Current assets29/58€10k€14k▲
Amounts receivable within one year40/41€2k€0▼
Trade receivables40€2k€0▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€8k€4k▼
Deferred charges and accrued income490/1€0€9k▲
Equity and liabilities
Total equity and liabilities10/49€47k€26k▼
Equity10/15€26k€7k▼
Contributions10/11€15k€15k=
Reserves13€14k€14k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€-3k€-22k▼
Amounts payable17/49€21k€19k▼
Amounts payable after more than one year17€3k€0▼
Financial debts170/4€3k€0▼
Amounts payable within one year42/48€18k€19k▲
Current portion of amounts payable after more than one year42€10k€0▼
Trade debts44€881€3k▲
Suppliers440/4€881€3k▲
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€7k€6k▼
Remuneration and social security454/9€157€3k▲
Other amounts payable47/48€157€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€4k▼
Other operating charges640/8€518€1k▲
Non-recurring operating charges66A-€7k
Gross operating margin9900€3k€-4k▼
Operating profit (loss)9901€-5k€-16k▼
Financial income75/76B€5€194▲
Recurring financial income75€5€194▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-7k€-19k▼
Income taxes67/77€44€178▲
Profit (loss) for the period9904€-7k€-19k▼
Profit (loss) for the period to be appropriated9905€-7k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-22k▼
Profit (loss) brought forward from the previous period14P€2k€-3k▼
Transfer from equity791/2€2k€0▼
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
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 227 days late
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.00
Current ratio from 0.84 to 2.00.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2002
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.
Kleine Doornstraat 772610 AntwerpenGround area
475 m²
Building footprint
107 m²
Volume, LiDAR
677 m³
Parcel 11463D0386/00Z000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MU-PET BVBA
since 20022.114.632.464
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0386/00Z000 | Flanders | 475 m² | 1 · 107 m² | 9.6 m · 2 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.
Similar companies · same sector, comparable size
SRL S.T.I.
BE 0802.040.045
Bernissart · Eq €9k
WILHELMI-GUISELIN ASSOCIES
BE 0827.430.586
Fleurus · Eq €27k
LOWLAND OXYDE
BE 0457.024.012
Koksijde · Eq €42k
Of 28 companies in sector 24450 we hold annual accounts for 14. 3 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2002
Fiscal year end31-12
Activities, NACEBEL
24450Manufacture of basic metals
27452
01410Raising of dairy cattle
25530Machining of metals
28520
47552Retail sale of lighting equipment
47592Retail trade
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
52320
52442
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.