Muebles

Active

Private limited companyfounded 20242 yrs activeKoning Boudewijnstraat 17, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 1006.790.219

The computed 12-month bankruptcy probability of Muebles is 2.6% (moderate). The 2025 annual accounts show equity of €27k and a net result of €4k. Its solvency ranks better than 38% of 18237 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

45 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability53▼-16

Solvency45▲+1

Growth78

Track record82

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity tight (current ratio 1.32 against 1.43 in 2024; short-term debt: 60.8% and cash: 6.1% of total assets), and 80.1% of the assets are financed with debt.

How do we compute the score and the probability?

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

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

19.9%

Return on assets

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-07-2026, 27 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

27 d early

2024

49 d early

← before the deadline after the deadline →

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 months

Position in the running window

21-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€27k▲ 17.5%

2024 · €23k

2024: €23k

2024 → 2025

Total assets

€134k▲ 9.7%

2024 · €122k

2024: €122k

2024 → 2025

Net result

€4k▲ 51.2%

2024 · €3k

2024: €3k

2024 → 2025

Working capital

€26k▼ 3.9%

2024 · €27k

2024: €27k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€23k-€27k▲ 17.5%

Operating result€4k-€6k▲ 35.4%

Net result€3k-€4k▲ 51.2%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 35% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €132k

18.6%

81.4%

Fixed assets €25k▼ 14.8%

Current assets €108k▲ 18.2%

Equity and liabilities €134k

19.9%

80.1%

Equity €27k▲ 17.5%

Debt €107k▲ 7.9%

The debt ratio falls from 81.5% to 80.1%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€11k▲

2024 · €6k

Cash flow

€9k▲

2024 · €4k

Solvency

19.9%▲

2024 · 18.5%

Current ratio

1.32▼

2024 · 1.43

Quick ratio

0.22▲

2024 · 0.15

Debt / equity

4.03▼

2024 · 4.39

ROE

14.9%▲

2024 · 11.6%

ROA

3.0%▲

2024 · 2.1%

Interest coverage

3.70▼

2024 · 5.70

Debt

€107k▲

2024 · €99k

Debt ≤ 1 year

€81k▲

2024 · €64k

Debt > 1 year

€26k▼

2024 · €36k

Income taxes

€1k▲

2024 · €703

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€122k€134k▲

Formation expenses20€2k€1k▼

Fixed assets21/28€29k€25k▼

Intangible fixed assets21€29k€25k▼

Current assets29/58€91k€108k▲

Stocks and contracts in progress3€82k€90k▲

Stocks30/36€82k€90k▲

Amounts receivable within one year40/41€3k€950▼

Trade receivables40€800€950▲

Other amounts receivable41€2k€0▼

Cash at bank and in hand54/58€7k€8k▲

Deferred charges and accrued income490/1-€9k

Equity and liabilities

Total equity and liabilities10/49€122k€134k▲

Equity10/15€23k€27k▲

Contributions10/11€20k€20k=

Reserves13€3k€7k▲

Distributable reserves133€3k€7k▲

Amounts payable17/49€99k€107k▲

Amounts payable after more than one year17€36k€26k▼

Financial debts170/4€36k€26k▼

Amounts payable within one year42/48€64k€81k▲

Current portion of amounts payable after more than one year42€9k€10k▲

Trade debts44€5k€24k▲

Suppliers440/4€5k€24k▲

Taxes, remuneration and social security45€6k€3k▼

Taxes450/3€6k€3k▼

Other amounts payable47/48€43k€44k▲

Accrued charges and deferred income492/3€0€17▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€5k▲

Other operating charges640/8€106€2k▲

Gross operating margin9900€6k€12k▲

Operating profit (loss)9901€4k€6k▲

Financial income75/76B-€2k

Recurring financial income75-€2k

Financial charges65/66B€1k€3k▲

Recurring financial charges65€1k€3k▲

Profit (loss) for the period before taxes9903€3k€5k▲

Income taxes67/77€703€1k▲

Profit (loss) for the period9904€3k€4k▲

Profit (loss) for the period to be appropriated9905€3k€4k▲

Appropriation of the result

Profit (loss) to be appropriated9906€3k€4k▲

Transfer to equity691/2€3k€4k▲

To other reserves6921€3k€4k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

04-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

12-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

Directors · office · real estate

Directors

2 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, Merelbeke-Melle · 2 establishment units since 2024

establishment All 2 establishment units on the map

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.

Koning Boudewijnstraat 179820 Merelbeke-Melle

Ground area

2,711 m²

Building footprint

1,698 m²

Volume, LiDAR

11,598 m³

3 parcels, Flanders · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

Muebles

Brusselsesteenweg 337, 2800 MechelenRetail trade

since 20242.356.525.621

The Bedmaker Gent

Kortrijksesteenweg 1092, 9051 GentWholesale trade

since 20242.365.029.749

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44062A0288/00R005	Flanders	1,698 m²	1 · 1,130 m²	16.0 m · 2 fl.
12403E0473/00B003	Flanders	819 m²	1 · 414 m²	9.9 m · 2 fl.
44043A0206/00W014	Flanders	194 m²	1 · 154 m²	8.7 m · 2 fl.