Equity
€89,432 from €216,656 in 2018
Equity fell by 59% in 7 years.
MÜKRA
Lifetime
19 annual accounts with figures on one time axis, 26 filings since 1999peak €44,748 (2012)
€17,235▲ 100%
lowest -€132,558 (2019)
€3,544▲ €7,588
peak €216,656 (2018)
€89,432▲ 4.1%
€143,500▼ 1.3%
Board6 names since 2018
1 directorTimo KRAFT
Documentsfilings and deeds
14-04-2026108 days before the deadline
2025abbreviated format
Gross margin from €8,597 to €17,235Back to profit: €3,544
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 39% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 0.1%▼ -0.2 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.21, cash €6,516
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €232,932
Legal form: public limited company
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 37% of them on solvency, 43% on liquidity, 30% on profitability and 49% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as MÜKRA has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MÜKRA itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for MÜKRA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.21 (0.71 in 2024), below the usual 1.5. Short-term debt is 7.1% and cash 2.8% of total assets. 61.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 14-04-2026, 108 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
108 days early
2024
42 days early
2023
44 days early
2022
35 days early
2021
25 days early
2020
110 days early
2019
116 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 69 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0463596553
1 director appointed, 3 resignations
Resignations: KRAFT Nico, HEUTZ Maria and KRAFT METALLBAU KM · Permanent representative: KRAFT Nico · Appointment: Timo KRAFT (director) · Gazette deed
1 director appointed, 1 resignation, 2 reappointments
Resignation: Rohn Nadja · Appointment: Maria Heutz · Reappointments: Kraft Nico (geschäftsführendes verwaltungsratsmitglied) and KM Kraft Metallbau PGMBH (geschäftsführendes verwaltungsratsmitglied) · General meeting of 10-12-2018 · Gazette deed
First establishment
Hergenrather Strasse 68, Raeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MÜKRA Raeren | €232,932 | €17,235 | 38.4% | - |
| VERTALON Wielsbeke | €210,406 | €18,250 | 37.3% | - |
| Brix Consulting Malle | €227,140 | €24,479 | 97.6% | - |
| HODWINRY Theux | €197,793 | €10,058 | 12.6% | - |
| JETA REAL ESTATE Beernem | €376,222 | €12,017 | 95.6% | - |
| TDT Aalst | €331,940 | €11,232 | 56.8% | - |
| @-CIEL Deinze | €320,708 | €25,156 | -15.0% | - |
These companies have the same main activity as MÜKRA: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €198,000 and €376,000, founded between 1990 and 2006.
Official details
Source: KBO- Status
- Active since 18-06-1998Normal situation
- Activity
- Activities of head officesNACE 70100and 5 others
- Establishment unit
- 2.088.799.9784730 Raeren, since 13-10-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 19-11-2025
Annual accounts 2025
- ≈ €67,000estimated
- €232,932▲ 0.7%
- Filing
- Filed on 14-04-2026, 108 days before the end of the filing period
Insights on MÜKRA
MÜKRA files the abbreviated format. That format states no turnover. The gross margin fell from €41,989 in 2007 to €17,235 in 2025.
The balance sheet grew most in 2020 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MÜKRA
- What is the company number of MÜKRA?
- The company number of MÜKRA is 0463.596.553. The VAT number is the same number with BE in front: BE 0463.596.553.
- Where is MÜKRA based?
- The registered office is at Hergenrather Strasse 68, 4730 Raeren.Company details
- What does MÜKRA do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of MÜKRA?
- MÜKRA is a public limited company (NV).
- When was MÜKRA founded?
- MÜKRA was founded on 18-06-1998.
- Is MÜKRA still active?
- Yes, MÜKRA is an active enterprise in the KBO register.
- What is the turnover of MÜKRA?
- The turnover in financial year 2025 is ≈ €67,000. This figure is estimated from the gross margin of €17,235 and 144 comparable companies (NACE 70). It probably lies between €29,000 and €170,000. It is a rough estimate.Financials
- Is MÜKRA profitable?
- In financial year 2025, MÜKRA made a profit of €3,544.
- Where can I find the annual accounts of MÜKRA?
- MÜKRA filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MÜKRA due?
- MÜKRA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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