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MU - PET

Active
Private limited companyfounded 2002active for 24 yearsKleine Doornstraat 77, 2610 Antwerpen, BelgiumKBO/BCE: BE 0478.287.303
Summary

The annual accounts of MU - PET for financial 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 €6,953 and a net result of -€18,893. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 36% of 97 sector peers (NACE 24, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 09-09-2002 Normal situation
Activity
Manufacture of basic metals NACE 24450and 4 others
Establishment unit
2.114.632.464 2610 Antwerpen, since 22-11-2002
Financial year end
31 December
Peppol
Reachable since 23-07-2025

Board and ownership

Board
  • De Paepe BernhardDirector · since 30-08-2002

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
-€4,320
Loss
€18,893
▲ 169%
Equity
€6,953
▼ 73.1%
Total assets
€25,804
▼ 45.0%
  • 2025 accounts filed 11 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €18,893, the second in a row (financial year 2025)Sector: Manufacture of basic metals (NACE 24)lowers riskSize: total assets €25,804Founded in 2002Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 17% of micro companies in basic metals (NACE 24)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 52-28
equity 26.9% of total assets
Liquidity 31-21
short-term debt 73.1% · cash 16.5%
Profitability 0-10
return on assets -73.2%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (202 companies, NACE 24, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025lowest value 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 0.8%▼ -0.1 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.7%▼ -0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.7%▼ -0.4 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
No publishable credit limit, so 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 is insufficient, with a current ratio of 0.72 (0.52 in 2024), below 1. Short-term debt is 73.1% and cash 16.5% of total assets. 73.1% 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 24, micro). It does better than 34% of them on solvency, 26% on liquidity, 6% on profitability and 4% on growth.

The bankruptcy probability was computed on 01-11-2026 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).

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

Signals

Six signals.
lowers riskraises risk
raises risk · Loss of €18,893, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €25,804
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of basic metals (NACE 24)
KBO
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€18,893
raises risk · 2025 accounts filed 11 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
11 days late
2024
on the day
2023
37 days early
2022
227 days late
2021
29 days late
2020
30 days late
2019
96 days late
← 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 51 days after the deadline. In the sector (NACE 24), the median for financial year 2024 was 15 days before the deadline, and 29% 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 11 August (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

  • Caution: Lower net result than 88% of companies in basic metalssector median €8,460 · 97 companies -€18,893 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€18,893 View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
  2. · Gazette deed Registered office moved from Sint-Niklaas to Wilrijk
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as MU - PET: manufacture of basic metals (NACE 24450). They are comparable in size and age: total assets between €42,600 and €49,100, founded between 2010 and 2025.

CompanyTotal assetsGross margin
MU - PET Antwerpen€25,804-€4,320
WILHELMI-GUISELIN ASSOCIES Fleurus€42,615€3,039
SRL S.T.I. Bernissart€49,121€58,763
STEEL IDEA Villers-la-Ville€42,650€39,188
Full comparison

Key facts about MU - PET

What is the company number of MU - PET?
The company number of MU - PET is 0478.287.303. The VAT number is the same number with BE in front: BE 0478.287.303.
Where is MU - PET based?
The registered office is at Kleine Doornstraat 77, 2610 Antwerpen.Company details
What does MU - PET do?
According to the KBO register, the main activity is manufacture of basic metals (NACE 24450).
What is the legal form of MU - PET?
The legal form of MU - PET is Private limited company (BV).
When was MU - PET founded?
MU - PET was founded on 09-09-2002.
Is MU - PET still active?
Yes, MU - PET is an active enterprise in the KBO register.
What is the turnover of MU - PET?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is MU - PET profitable?
In financial year 2025, MU - PET made a loss of €18,893.
Where can I find the annual accounts of MU - PET?
MU - PET filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MU - PET due?
MU - PET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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