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MUHASA

Active
Private limited companyfounded 20233 yrs activeRue du Moulin 138, 4020 Liège, BelgiumKBO/BCE: BE 0804.720.710
Summary

The computed 12-month bankruptcy probability of MUHASA is 12.1% (high). The 2024 annual accounts show negative equity (-€4,814) and a net result of -€3,347. Its solvency ranks better than 9% of 18935 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record79
Bankruptcy probability, 12 months
12.1% High
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.
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Signals

Six signals. The signal on the left, the evidence on the right.
+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Age of the figures
Age of the figures
21 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
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

MUHASA was incorporated on 10 August 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

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

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Financials · fiscal year 2024, micro schema

Equity
-€4,814
Total assets
€4,171
Net result
-€3,347
Working capital
-€4,814

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

Key figures and ratios
2024 value
Debt
€8,985
Debt ≤ 1 year
€8,985
Ratios withheld: a balance sheet total of €4,171 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 12.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 7,638 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 · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€4,171
Current assets29/58€4,171
Stocks and contracts in progress3€1,036
Stocks30/36€1,036
Amounts receivable within one year40/41€1,060
Trade receivables40€0
Other amounts receivable41€1,060
Cash at bank and in hand54/58€2,023
Deferred charges and accrued income490/1€53
Equity and liabilities
Total equity and liabilities10/49€4,171
Equity10/15-€4,814
Contributions10/11€2,000
Profit (loss) carried forward14-€6,814
Amounts payable17/49€8,985
Amounts payable within one year42/48€8,985
Trade debts44€4,549
Suppliers440/4€4,549
Taxes, remuneration and social security45€1,937
Taxes450/3€1,937
Other amounts payable47/48€2,500
Accrued charges and deferred income492/3€0
Income statement Code2024
Other operating charges640/8€987
Gross operating margin9900-€2,480
Operating profit (loss)9901-€3,468
Financial income75/76B€152
Recurring financial income75€152
Financial charges65/66B€32
Recurring financial charges65€32
Profit (loss) for the period before taxes9903-€3,347
Profit (loss) for the period9904-€3,347
Profit (loss) for the period to be appropriated9905-€3,347
Appropriation of the result
Profit (loss) to be appropriated9906-€6,814
Profit (loss) brought forward from the previous period14P-€3,466

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Other operating charges640/8€987
Gross operating margin9900-€2,480
Operating profit (loss)9901-€3,468
Financial income75/76B€152
Recurring financial income75€152
Financial charges65/66B€32
Recurring financial charges65€32
Profit (loss) for the period before taxes9903-€3,347
Profit (loss) for the period9904-€3,347
Profit (loss) for the period to be appropriated9905-€3,347
Line2024
Assets
Total assets20/58€4,171
Current assets29/58€4,171
Stocks and contracts in progress3€1,036
Stocks30/36€1,036
Amounts receivable within one year40/41€1,060
Trade receivables40€0
Other amounts receivable41€1,060
Cash at bank and in hand54/58€2,023
Deferred charges and accrued income490/1€53
Equity and liabilities
Total equity and liabilities10/49€4,171
Equity10/15-€4,814
Contributions10/11€2,000
Profit (loss) carried forward14-€6,814
Amounts payable17/49€8,985
Amounts payable within one year42/48€8,985
Trade debts44€4,549
Suppliers440/4€4,549
Taxes, remuneration and social security45€1,937
Taxes450/3€1,937
Other amounts payable47/48€2,500
Accrued charges and deferred income492/3€0
Line2024
Profit (loss) for the period9904-€3,347
Operating cash flow (approximation)-€3,347

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

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Liège · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
200 m²
Building footprint
45 m²
Volume, LiDAR
395 m³
Parcel 62020A0330/00Z002, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SWEET CAFE
Rue du Moulin 138, 4020 LiègeLimited-service restaurants
since 20232.349.598.237
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62020A0330/00Z002 Wallonia 200 m² 1 · 45 m² 10.2 m · 3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Liège2.349.598.237
1 permission
Toelating · Eetgelegenheid · since 17-10-2023

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 14,001 companies in sector 56301 we hold annual accounts for 4,899. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804720710
Also 9925:BE0804720710

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

Register as of 29 September 2026 · Peppol Directory

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