MuBaVu
ActiveThe computed 12-month bankruptcy probability of MuBaVu is 1.7% (moderate). The 2025 annual accounts show equity of €16k and a net result of €-4k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 13270 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability16▲+16
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 12.76 against 6.12 in 2022; short-term debt: 7.8% and cash: 21.6% of total assets), and 7.8% 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.
−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 56
Relative position
BE, all sectors
reference
Sector 56
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
92.2%
Return on assets
-21.8%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 06-05-2026, 6 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
6 d late
2022
32 d early
2021
61 d late
2020
60 d late
2019
83 d late
2018
21 d late
2017
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€16k▼ 31.6%
2022 · €24k
2018: €13k
2019: €14k
2020: €19k
2021: €28k
2022: €24k
2018 → 2025
Total assets
€18k▼ 36.0%
2022 · €27k
2018: €39k
2019: €15k
2020: €24k
2021: €33k
2022: €27k
2018 → 2025
Net result
€-4k▲ 20.5%
2022 · €-5k
2018: €12k
2019: €177
2020: €5k
2021: €10k
2022: €-5k
2018 → 2025
Working capital
€16k▼ 16.6%
2022 · €19k
2018: €3k
2019: €7k
2020: €13k
2021: €23k
2022: €19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222025Trend
Equity€14k-€19k▲ 37.8%€28k▲ 52.7%€24k▼ 16.9%€16k▼ 31.6%
Operating result€341-€5k▲ 1,429%€14k▲ 163%€-5k€-2k▲ 59.4%
Net result€177-€5k▲ 2,802%€10k▲ 91.9%€-5k€-4k▲ 20.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-2k in 2025, compared with €-5k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2022 as the grey bar beneath
Equity and liabilities €18k
Equity
€16k▼ 31.6%
Debt
€1k▼ 63.7%
The debt ratio falls from 13.8% to 7.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▲
2022 · €-4k
Cash flow
€-304▲
2022 · €-4k
Solvency
92.2%▲
2022 · 86.2%
Current ratio
12.76▲
2022 · 6.12
Quick ratio
12.76▲
2022 · 6.12
Debt / equity
0.09▼
2022 · 0.16
ROE
-23.6%▼
2022 · -20.3%
ROA
-21.8%▼
2022 · -17.5%
Interest coverage
1.87
Debt
€1k▼
2022 · €4k
Debt ≤ 1 year
€1k▼
2022 · €4k
Income taxes
€1k
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 2022
Balance sheet
Code20222025
Assets
Total assets20/58€27k€18k▼
Fixed assets21/28€4k€0▼
Tangible fixed assets22/27€4k€0▼
Plant, machinery and equipment23€4k€0▼
Furniture and vehicles24€550-
Current assets29/58€23k€18k▼
Amounts receivable within one year40/41€23k€425▼
Trade receivables40€424€425▲
Other amounts receivable41€22k€0▼
Cash at bank and in hand54/58€12€4k▲
Deferred charges and accrued income490/1€679€13k▲
Equity and liabilities
Total equity and liabilities10/49€27k€18k▼
Equity10/15€24k€16k▼
Contributions10/11€19k€19k=
Reserves13€7k€7k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-2k€-9k▼
Amounts payable17/49€4k€1k▼
Amounts payable within one year42/48€4k€1k▼
Trade debts44€348€580▲
Suppliers440/4€348€580▲
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48-€797
Income statement
Code20222025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€669€1k▲
Gross operating margin9900€-3k€3k▲
Operating profit (loss)9901€-5k€-2k▲
Financial charges65/66B-€839
Recurring financial charges65-€839
Profit (loss) for the period before taxes9903€-5k€-3k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-5k€-4k▲
Profit (loss) for the period to be appropriated9905€-5k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-9k▼
Profit (loss) brought forward from the previous period14P€3k€-5k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
30-09
Financial
Liquidity doublescurrent ratio 12.76
Current ratio from 6.12 to 12.76; short-term debt falls from €4k to €1k.
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-5k ▼149%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
31-12
Financial
Liquidity times 9current ratio 9.68
Current ratio from 1.11 to 9.68; short-term debt falls from €26k to €805.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
2015
30-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 152 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, Gavere · 1 establishment unit since 2010
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.
Wassenkerkhofstraat 139890 GavereGround area
932 m²
Building footprint
65 m²
Volume, LiDAR
355 m³
Parcel 44071A0592/00P000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MuBaVu
since 20102.185.054.167
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44071A0592/00P000 | Flanders | 932 m² | 1 · 65 m² | 6.9 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGavere2.185.054.167
Similar companies · same sector, comparable size
La Finesse
BE 0751.854.126
Tongeren-Borgloon · Eq €16k
SAHAR
BE 0647.787.180
Antwerpen · Eq €16k
PACIFIQUE
BE 0437.443.274
Elsene · Eq €16k
MAEVA B.
BE 0807.973.178
Brussel · Eq €16k
Konya-Et
BE 0662.843.164
Namur · Eq €16k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 7,807 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2010
Fiscal year end30-09
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
77223Rental and leasing activities
77392Rental and leasing activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:09/3623200