Financials
- Fiscal year
- 2025
- Total assets
- €336,349
- Profit
- €50,239
- Solvency
- 20.2%
Total assets▲ 23.1%
Net result
20242025
MÜHLENBERG
ActiveSummary
MÜHLENBERG has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,827 and a net result of €50,239. Its solvency ranks better than 51% of 1420 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
Holiday cottages, homes and apartments
NACE 55203
1 site
How big
€336,349total assets 2025
- Equity
- €67,827
- Profit
- €50,239
Turnover not published (abridged schema)
Who decides
Accounts filed 13 d late0 of 1 deed read
Why 87- Founded in 2023- Equity €67,827 (20.2% of total assets)+ Liquidity: current ratio 1.06, cash €208,952+ Size: total assets €336,349Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Better than 72% of its sector peers (NACE 55, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
45+14
equity 20.2% of total assets
Liquidity
56+54
short-term debt 79.8% · cash 62.1%
Profitability
75+35
return on assets 14.9%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.3%
12-2024: 2.6%▲ +10.3% vs 11-2024
01-2025: 2.6%▲ +1.9% vs 12-2024
02-2025: 2.5%▼ -3.2% vs 01-2025
03-2025: 2.5%▲ +0.2% vs 02-2025
04-2025: 2.7%▲ +7.4% vs 03-2025
05-2025: 2.8%▲ +4.3% vs 04-2025
06-2025: 2.9%▲ +1.1% vs 05-2025highest value
07-2025: 2.9%● 0.0% vs 06-2025highest value
08-2025: 1.8%▼ -38.7% vs 07-2025
09-2025: 1.8%● 0.0% vs 08-2025
10-2025: 1.8%● 0.0% vs 09-2025
11-2025: 1.7%▼ -1.5% vs 10-2025
12-2025: 1.7%▼ -4.0% vs 11-2025
01-2026: 1.6%▼ -2.5% vs 12-2025
02-2026: 1.5%▼ -8.5% vs 01-2026
03-2026: 1.5%● 0.0% vs 02-2026
04-2026: 1.5%▲ +3.8% vs 03-2026
05-2026: 1.6%▲ +2.3% vs 04-2026
06-2026: 1.6%▼ -1.1% vs 05-2026
07-2026: 1.7%▲ +5.6% vs 06-2026
08-2026: 2.3%▲ +40.5% vs 07-2026
09-2026: 0.4%▼ -84.3% vs 08-2026lowest value
10-2026: 0.4%● 0.0% vs 09-2026lowest value
- Founded in 2023 raises the probability for this profile
- Liquidity: current ratio 1.06, cash €208,952 lowers the probability
- Size: total assets €336,349 lowers the probability for this profile
- Equity €67,827 (20.2% of total assets) raises the probability
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 0.67 in 2024; short-term debt: 79.8% and cash: 62.1% of total assets), and 79.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 55, micro). Better than this share of them on solvency 48%, liquidity 70%, profitability 71%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 2 filingsDeviation from the deadline
2025
13 d late
2024
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% 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.
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
- Next accounts
- by 31-07-2027
- 13-08-2026Annual accounts filed
- 02-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Holiday cottages, homes and apartmentsNACE 55203
- Founded
- 11-05-2023
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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