Skip to content

MUDISTONE

Active
Private limited company (pre-2019)founded 200026 yrs activeVlooibergstraat 19, 3390 Tielt-Winge, BelgiumKBO/BCE: BE 0472.362.284
Summary

The computed 12-month bankruptcy probability of MUDISTONE is 2.0% (moderate). The 2025 annual accounts show negative equity (-€17,676) and a net result of -€1,540. Equity is shrinking by ~51.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 28374 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025
Age of the figures
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€17,676
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 30-05-2026, 62 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
62 d early
2024
57 d late
2023
34 d early
2022
31 d late
2021
25 d late
2020
30 d late
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 25 August (4 of the last 5 filed years within 58 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 July 2000, MUDISTONE was incorporated.1 Total assets went from EUR 15,982 in 2018 to EUR 1,509 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

Financials · fiscal year 2025, micro schema

Equity
-€17,676▼ 9.5%
2024 · -€16,137
Total assets
€169▼ 88.8%
2024 · €1,509
Net result
-€1,540▼ 57.5%
2024 · -€978
Working capital
-€17,676▼ 9.5%
2024 · -€16,137
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,994▲ 42.2%-€2,367▲ 21.0%-€7,273▼ 207%-€865▲ 88.1%-€1,540▼ 77.9%
Net result-€3,081below the sector's middle half▲ 42.2%-€2,545below the sector's middle half▲ 17.4%-€7,466below the sector's middle half▼ 193%-€978below the sector's middle half▲ 86.9%-€1,540below the sector's middle half▼ 57.5%
Equity-€5,148below the sector's middle half▼ 149%-€7,693below the sector's middle half▼ 49.4%-€15,159below the sector's middle half▼ 97.0%-€16,137below the sector's middle half▼ 6.4%-€17,676below the sector's middle half▼ 9.5%
Total assets€12,089below the sector's middle half▲ 19.3%€2,411below the sector's middle half▼ 80.1%€1,272below the sector's middle half▼ 47.2%€1,509below the sector's middle half▲ 18.6%€169below the sector's middle half▼ 88.8%
Debt€17,237▲ 41.3%€10,105▼ 41.4%€16,431▲ 62.6%€17,646▲ 7.4%€17,846▲ 1.1%
Working capital-€5,148below the sector's middle half▼ 149%-€7,693below the sector's middle half▼ 49.4%-€15,159below the sector's middle half▼ 97.0%-€16,137below the sector's middle half▼ 6.4%-€17,676below the sector's middle half▼ 9.5%
Solvency-42.6%below the sector's middle half▼ 22.2pp
Current ratio0.70below the sector's middle half▼ 0.13
Return on assets (ROA)-25.5%below the sector's middle half▲ 27.1pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2021: -€2,994-€2,994Net result 2021: -€3,081-€3,081Operating result 2022: -€2,367-€2,367Net result 2022: -€2,545-€2,545Operating result 2023: -€7,273-€7,273Net result 2023: -€7,466-€7,466Operating result 2024: -€865-€865Net result 2024: -€978-€978Operating result 2025: -€1,540-€1,540Net result 2025: -€1,540-€1,54020212022202320242025-€8,000-€6,000-€4,000-€2,000€0Operating result 2023: -€7,273-€7,270Net result 2023: -€7,466-€7,470Operating result 2024: -€865-€865Net result 2024: -€978-€978Operating result 2025: -€1,540-€1,540Net result 2025: -€1,540-€1,540202320242025
The operating result stays negative: a loss of €1,540 in 2025 against €865 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€17,846▲
2024 · €17,646
Ratios withheld: a balance sheet total of €169 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.5% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,621 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€1,509€169▼
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€0€0=
Current assets29/58€1,509€169▼
Amounts receivable within one year40/41€1,509€169▼
Trade receivables40€1,509-
Other amounts receivable41-€169
Equity and liabilities
Total equity and liabilities10/49€1,509€169▼
Equity10/15-€16,137-€17,676▼
Contributions10/11€18,600€18,600=
Reserves13€1,372€1,372=
Non-distributable reserves130/1€1,130€1,130=
Reserves not available under the articles1311€1,130€1,130=
Distributable reserves133€242€242=
Profit (loss) carried forward14-€36,108-€37,648▼
Amounts payable17/49€17,646€17,846▲
Amounts payable within one year42/48€17,646€17,846▲
Trade debts44€532€1,832▲
Suppliers440/4€532€1,832▲
Advances received on contracts in progress46€1,600-
Other amounts payable47/48€15,514€16,014▲
Income statement Code20242025
Other operating charges640/8€95-
Gross operating margin9900-€771-€1,540▼
Operating profit (loss)9901-€865-€1,540▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€112-
Recurring financial charges65€112-
Profit (loss) for the period before taxes9903-€978-€1,540▼
Profit (loss) for the period9904-€978-€1,540▼
Profit (loss) for the period to be appropriated9905-€978-€1,540▼
Appropriation of the result
Profit (loss) to be appropriated9906-€36,108-€37,648▼
Profit (loss) brought forward from the previous period14P-€35,131-€36,108▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8---€95--
Gross operating margin9900-€2,994-€2,367-€7,273-€771-€1,540▼ 99.8%
Operating profit (loss)9901-€2,994-€2,367-€7,273-€865-€1,540▼ 77.9%
Financial income75/76B---€0--
Recurring financial income75---€0--
Financial charges65/66B€87€178€193€112--
Recurring financial charges65€87€178€193€112--
Profit (loss) for the period before taxes9903-€3,081-€2,545-€7,466-€978-€1,540▼ 57.5%
Profit (loss) for the period9904-€3,081-€2,545-€7,466-€978-€1,540▼ 57.5%
Profit (loss) for the period to be appropriated9905-€3,081-€2,545-€7,466-€978-€1,540▼ 57.5%
Line20212022202320242025Change
Assets
Total assets20/58€12,089€2,411€1,272€1,509€169▼ 88.8%
Fixed assets21/28--€0€0€0-
Tangible fixed assets22/27--€0€0€0-
Plant, machinery and equipment23--€0€0€0-
Furniture and vehicles24--€0€0€0-
Current assets29/58€12,089€2,411€1,272€1,509€169▼ 88.8%
Amounts receivable within one year40/41€12,026€2,315€1,238€1,509€169▼ 88.8%
Trade receivables40€10,714€2,145-€1,509--
Other amounts receivable41€1,313€170€1,238-€169-
Cash at bank and in hand54/58€63€97€35---
Equity and liabilities
Total equity and liabilities10/49€12,089€2,411€1,272€1,509€169▼ 88.8%
Equity10/15-€5,148-€7,693-€15,159-€16,137-€17,676▼ 9.5%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,372€1,372€1,372€1,372€1,372=
Non-distributable reserves130/1€1,130€1,130€1,130€1,130€1,130=
Reserves not available under the articles1311€1,130€1,130€1,130€1,130€1,130=
Distributable reserves133€242€242€242€242€242=
Profit (loss) carried forward14-€25,120-€27,665-€35,131-€36,108-€37,648▼ 4.3%
Amounts payable17/49€17,237€10,105€16,431€17,646€17,846▲ 1.1%
Amounts payable within one year42/48€17,237€10,105€16,431€17,646€17,846▲ 1.1%
Trade debts44€7,817€417€1,328€532€1,832▲ 244%
Suppliers440/4€7,817€417€1,328€532€1,832▲ 244%
Advances received on contracts in progress46---€1,600--
Taxes, remuneration and social security45€349€349€349---
Taxes450/3€349€349€349---
Other amounts payable47/48€9,072€9,340€14,754€15,514€16,014▲ 3.2%
Line20212022202320242025Change
Profit (loss) for the period9904-€3,081-€2,545-€7,466-€978-€1,540▼ 57.5%
Operating cash flow (approximation)-€3,081-€2,545-€7,466-€978-€1,540▼ 57.5%
Investment in fixed assets (approximation)---€0€0-
Change in cash-€34-€62---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
26-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€7,466
Net result drops to -€7,466, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
25-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
11-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 42 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Tielt-Winge · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
590 m²
Building footprint
186 m²
Volume, LiDAR
1,369 m³
Parcel 24106C0387/03S000, Flanders · tallest building 17.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MUDISTONE
Vlooibergstraat 19, 3390 Tielt-WingeRaising of dairy cattle
since 20002.099.691.989
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24106C0387/03S000 Flanders 590 m² 1 · 186 m² 17.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,959 companies in this sector we hold annual accounts for 1,788. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded14-07-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
43990Other specialised construction activities
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.