Mufral
ActiveThe computed 12-month bankruptcy probability of Mufral is 3.1% (moderate). The annual accounts of Mufral for fiscal year 2024 show a net loss of 110% of total assets and of 72% of the equity at the start of that year. The 2024 annual accounts show equity of €7k and a net result of €-17k. Equity is shrinking by ~27.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 59% of 26046 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-7
Solvency68▲+14
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
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 ample (current ratio 1.75 against 1.35 in 2023; short-term debt: 56.8% and cash: 51.9% of total assets), but 56.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
43.2%
Return on assets
-109.8%
Age of the figures
21 mo
raises risk · 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 →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year €-17k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
28 d late
2022
3 d early
2021
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€7k▼ 71.8%
2023 · €23k
2021: €21k
2022: €31k
2023: €23k
2021 → 2024
Total assets
€15k▼ 80.7%
2023 · €79k
2021: €116k
2022: €124k
2023: €79k
2021 → 2024
Net result
€-17k▼ 123%
2023 · €-7k
2021: €15k
2022: €10k
2023: €-7k
2021 → 2024
Working capital
€6k▼ 66.5%
2023 · €19k
2021: €13k
2022: €26k
2023: €19k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€21k-€31k▲ 46.2%€23k▼ 24.4%€7k▼ 71.8%
Operating result€20k-€13k▼ 32.1%€-7k€-16k▼ 134%
Net result€15k-€10k▼ 35.2%€-7k€-17k▼ 123%
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 2024 against €7k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15k
Fixed assets
€103▼ 97.4%
Current assets
€15k▼ 79.9%
Equity and liabilities €15k
Equity
€7k▼ 71.8%
Debt
€9k▼ 84.5%
The debt ratio falls from 70.6% to 56.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-15k▼
2023 · €-3k
Cash flow
€-16k▼
2023 · €-4k
Solvency
43.2%▲
2023 · 29.4%
Current ratio
1.75▲
2023 · 1.35
Quick ratio
1.53▲
2023 · 1.16
Debt / equity
1.32▼
2023 · 2.40
ROE
-254.2%▼
2023 · -32.2%
ROA
-109.8%▼
2023 · -9.5%
Interest coverage
-52.99▼
2023 · -6.80
Debt
€9k▼
2023 · €56k
Debt ≤ 1 year
€9k▼
2023 · €56k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€79k€15k▼
Fixed assets21/28€4k€103▼
Intangible fixed assets21€152€103▼
Tangible fixed assets22/27€4k-
Plant, machinery and equipment23€3k-
Furniture and vehicles24€1k-
Current assets29/58€75k€15k▼
Stocks and contracts in progress3€10k€2k▼
Stocks30/36€10k€2k▼
Amounts receivable within one year40/41€6k€5k▼
Trade receivables40€6k€5k▼
Other amounts receivable41€18€319▲
Cash at bank and in hand54/58€58k€8k▼
Deferred charges and accrued income490/1€468€273▼
Equity and liabilities
Total equity and liabilities10/49€79k€15k▼
Equity10/15€23k€7k▼
Contributions10/11€6k€6k=
Reserves13€17k€548▼
Distributable reserves133€17k€548▼
Amounts payable17/49€56k€9k▼
Amounts payable within one year42/48€56k€9k▼
Trade debts44€51k€6k▼
Suppliers440/4€51k€6k▼
Taxes, remuneration and social security45€2k-
Taxes450/3€334-
Remuneration and social security454/9€2k-
Other amounts payable47/48€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€1k▼
Other operating charges640/8€831€528▼
Non-recurring operating charges66A-€583
Gross operating margin9900€-2k€-14k▼
Operating profit (loss)9901€-7k€-16k▼
Financial income75/76B€21€25▲
Recurring financial income75€21€25▲
Financial charges65/66B€483€289▼
Recurring financial charges65€483€289▼
Profit (loss) for the period before taxes9903€-7k€-17k▼
Profit (loss) for the period9904€-7k€-17k▼
Profit (loss) for the period to be appropriated9905€-7k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-17k▼
Transfer from equity791/2€7k€17k▲
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
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2025
Resigned as Director
Location & real-estate footprint
Registered office, Sint-Genesius-Rode · 1 establishment unit since 2021
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.
Lindestraat 421640 Sint-Genesius-RodeGround area
346 m²
Building footprint
136 m²
Volume, LiDAR
1,013 m³
2 parcels, Flanders, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GENTLEMEN BARBER SHOP TUBIZE
since 20212.313.839.483
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22004C0677/00T000 | Flanders | 210 m² | 1 · 89 m² | 10.1 m · 3 fl. |
| 25105A0024/00K000 | Wallonia | 136 m² | 1 · 48 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
18 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Show 14 more network connections
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 600 EUR awarded · 600 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 600 EUR | 600 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Greatway
BE 0719.258.265
Brakel · Eq €7k
LMIDM Group
BE 1008.327.371
Elsene · Eq €7k
LA PARFUMERIE QIWA FAMILY
BE 0745.523.984
Liège · Eq €7k
BLUEWING COMPANY
BE 1008.716.955
Mons · Eq €7k
T&M Cars
BE 0656.799.767
Villers-la-Ville · Eq €7k
Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 1,077 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2021
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.