MUMEDIA
ActiveSummary
MUMEDIA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136k and a net result of €-38k. Equity is shrinking by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 199 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-11
Solvency79▲+9
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 8.61 against 2.52 in 2024; short-term debt: 5.5% and cash: 30.6% of total assets), and 46.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
53.8%
Return on assets
-15.2%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-38k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
3 d late
2022
22 d late
2021
25 d late
2020
28 d late
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€72k
EBIT margin
-35.9%
Net result
€-38k▼ 56.3%
2024 · €-24k
2019: €-33k
2020: €-11k▲ +67.7% vs 2019
2021: €6k▲ +161% vs 2020
2022: €-34k▼ -626% vs 2021
2023: €60k▲ +277% vs 2022highest in 7 years
2024: €-24k▼ -141% vs 2023
2025: €-38k▼ -56.3% vs 2024lowest in 7 years
2019 → 2025
Working capital
€106k▼ 30.8%
2024 · €153k
2019: €62k
2020: €60k▼ -2.1% vs 2019
2021: €79k▲ +30.9% vs 2020
2022: €53k▼ -33.2% vs 2021lowest in 7 years
2023: €177k▲ +236% vs 2022highest in 7 years
2024: €153k▼ -13.6% vs 2023
2025: €106k▼ -30.8% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€305k-€272k▼ 11.1%€198k▼ 27.0%€174k▼ 12.3%€136k▼ 22.0%
2021: €305khighest in 5 years
2022: €272k▼ -11.1% vs 2021
2023: €198k▼ -27.0% vs 2022
2024: €174k▼ -12.3% vs 2023
2025: €136k▼ -22.0% vs 2024lowest in 5 years
Operating result€13k-€-28k€108k€-21k€-34k▼ 66.7%
2021: €13k
2022: €-28k▼ -315% vs 2021
2023: €108k▲ +490% vs 2022highest in 5 years
2024: €-21k▼ -119% vs 2023
2025: €-34k▼ -66.7% vs 2024lowest in 5 years
Net result€6k-€-34k€60k€-24k€-38k▼ 56.3%
2021: €6k
2022: €-34k▼ -626% vs 2021
2023: €60k▲ +277% vs 2022highest in 5 years
2024: €-24k▼ -141% vs 2023
2025: €-38k▼ -56.3% vs 2024lowest in 5 years
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 €34k in 2025 against €21k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €252k
Fixed assets
€132k ▼ 1.8%
Current assets
€120k ▼ 52.8%
Equity and liabilities €252k
Equity
€136k ▼ 22.0%
Debt
€116k ▼ 45.8%
Debt's share of the balance-sheet total falls from 55.2% to 46.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-27k▼
2024 · €-13k
Cash flow
€-31k▼
2024 · €-17k
Current ratio
8.61▲
2024 · 2.52
Debt to equity
0.86▼
2024 · 1.23
ROE
-28.2%▼
2024 · -14.1%
ROA
-15.2%▼
2024 · -6.3%
Interest coverage
-7.90▼
2024 · -3.46
Debt ≤ 1 year
€14k▼
2024 · €101k
Debt > 1 year
€102k▼
2024 · €114k
Income taxes
€293▲
2024 · €72
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€388k€252k▼
Fixed assets21/28€134k€132k▼
Tangible fixed assets22/27€133k€130k▼
Land and buildings22€131k€126k▼
Plant, machinery and equipment23€1k€126▼
Furniture and vehicles24-€4k
Financial fixed assets28€2k€2k=
Current assets29/58€254k€120k▼
Amounts receivable within one year40/41€37k€43k▲
Trade receivables40€9k€14k▲
Other amounts receivable41€28k€28k▼
Cash at bank and in hand54/58€212k€77k▼
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€388k€252k▼
Equity10/15€174k€136k▼
Contributions10/11€21k€21k=
Capital10€21k€21k=
Issued capital100€26k€26k=
Uncalled capital101€5k€5k=
Reserves13€126k€122k▼
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Tax-exempt reserves132€123k€119k▼
Profit (loss) carried forward14€27k€-7k▼
Amounts payable17/49€214k€116k▼
Amounts payable after more than one year17€114k€102k▼
Financial debts170/4€113k€101k▼
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€101k€14k▼
Current portion of amounts payable after more than one year42€6k€9k▲
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Other amounts payable47/48€93k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€16k€13k▼
Gross operating margin9900€3k€-14k▼
Operating profit (loss)9901€-21k€-34k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-24k€-38k▼
Income taxes67/77€72€293▲
Profit (loss) for the period9904€-24k€-38k▼
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€-21k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€-7k▼
Profit (loss) brought forward from the previous period14P€48k€27k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €17k | €8k | €8k | €7k | ▼ 9.4% |
| Other operating charges640/8 | - | €1k | €2k | €16k | €13k | ▼ 17.2% |
| Gross operating margin9900 | €42k | €-9k | €117k | €3k | €-14k | ▼ 593% |
| Operating profit (loss)9901 | €13k | €-28k | €108k | €-21k | €-34k | ▼ 66.7% |
| Financial charges65/66B | - | €5k | €5k | €4k | €3k | ▼ 6.6% |
| Recurring financial charges65 | €6k | €5k | €5k | €4k | €3k | ▼ 6.6% |
| Profit (loss) for the period before taxes9903 | €7k | €-33k | €103k | €-24k | €-38k | ▼ 55.6% |
| Income taxes67/77 | €195 | €1k | €43k | €72 | €293 | ▲ 307% |
| Profit (loss) for the period9904 | €6k | €-34k | €60k | €-24k | €-38k | ▼ 56.3% |
| Transfer from tax-exempt reserves789 | - | €10k | €115k | €4k | €4k | = |
| Profit (loss) for the period to be appropriated9905 | €16k | €-24k | €175k | €-21k | €-35k | ▼ 66.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €470k | €443k | €515k | €388k | €252k | ▼ 35.1% |
| Fixed assets21/28 | €364k | €349k | €142k | €134k | €132k | ▼ 1.8% |
| Tangible fixed assets22/27 | €363k | €347k | €140k | €133k | €130k | ▼ 1.8% |
| Land and buildings22 | - | €344k | €137k | €131k | €126k | ▼ 4.1% |
| Plant, machinery and equipment23 | - | €2k | €3k | €1k | €126 | ▼ 90.3% |
| Furniture and vehicles24 | - | €661 | €331 | - | €4k | - |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €106k | €94k | €372k | €254k | €120k | ▼ 52.8% |
| Amounts receivable within one year40/41 | €45k | €41k | €48k | €37k | €43k | ▲ 15.1% |
| Trade receivables40 | - | €20k | €24k | €9k | €14k | ▲ 64.5% |
| Other amounts receivable41 | - | €21k | €24k | €28k | €28k | ▼ 0.2% |
| Cash at bank and in hand54/58 | €61k | €53k | €324k | €212k | €77k | ▼ 63.6% |
| Deferred charges and accrued income490/1 | - | - | €39 | €5k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €470k | €443k | €515k | €388k | €252k | ▼ 35.1% |
| Equity10/15 | €305k | €272k | €198k | €174k | €136k | ▼ 22.0% |
| Contributions10/11 | €21k | €21k | €21k | €21k | €21k | = |
| Capital10 | - | €21k | €21k | €21k | €21k | = |
| Issued capital100 | - | €26k | €26k | €26k | €26k | = |
| Uncalled capital101 | - | €5k | €5k | €5k | €5k | = |
| Reserves13 | €254k | €245k | €129k | €126k | €122k | ▼ 2.9% |
| Non-distributable reserves130/1 | - | €3k | €3k | €3k | €3k | = |
| Legal reserve130 | - | €3k | €3k | €3k | €3k | = |
| Tax-exempt reserves132 | - | €242k | €127k | €123k | €119k | ▼ 3.0% |
| Profit (loss) carried forward14 | €30k | €6k | €48k | €27k | €-7k | ▼ 128% |
| Amounts payable17/49 | €165k | €171k | €316k | €214k | €116k | ▼ 45.8% |
| Amounts payable after more than one year17 | €138k | €130k | €121k | €114k | €102k | ▼ 10.0% |
| Financial debts170/4 | - | €128k | €120k | €113k | €101k | ▼ 10.1% |
| Other amounts payable178/9 | - | €2k | €1k | €1k | €1k | = |
| Amounts payable within one year42/48 | €27k | €41k | €195k | €101k | €14k | ▼ 86.2% |
| Current portion of amounts payable after more than one year42 | - | - | €7k | €6k | €9k | ▲ 45.9% |
| Financial debts43 | - | €8k | - | - | - | - |
| Credit institutions430/8 | - | €8k | - | - | - | - |
| Trade debts44 | €19k | €24k | - | €1k | €5k | ▲ 277% |
| Suppliers440/4 | - | €24k | - | €1k | €5k | ▲ 277% |
| Taxes, remuneration and social security45 | - | €9k | €95k | - | - | - |
| Taxes450/3 | - | €236 | €83k | - | - | - |
| Remuneration and social security454/9 | - | €9k | €12k | - | - | - |
| Other amounts payable47/48 | - | - | €93k | €93k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €-34k | €60k | €-24k | €-38k | ▼ 56.3% |
| + Depreciation and write-downs630 | €20k | €17k | €8k | €8k | €7k | ▼ 9.4% |
| Operating cash flow (approximation) | €27k | €-17k | €68k | €-17k | €-31k | ▼ 87.2% |
| Investment in fixed assets (approximation) | - | €-1k | €199k | €0 | €-5k | - |
| Change in cash | - | €-7k | €271k | €-112k | €-135k | ▼ 19.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series.
31-03
Financial
Liquidity triplescurrent ratio 8.61
Current ratio from 2.52 to 8.61; short-term debt falls from €101k to €14k.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
03-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
31-03
Financial
Back to profitnet €60k
Net result €60k after one loss-making year.
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
31-03
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
07-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 7 days late
2016
15-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Etterbeek · 1 establishment unit since 1987
Ground area
325 m²
Building footprint
129 m²
Volume, LiDAR
1,912 m³
Parcel 21005A0542/00B006, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
334
companies at this address
See who is registered here
1 establishment unit
SQUARECUB
since 19872.030.381.432
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0542/00B006 | Brussels | 325 m² | 1 · 129 m² | 17.0 m · 5 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.
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Of 122 companies in sector 26300 we hold annual accounts for 97. 60 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-09-1987
Fiscal year end31-03
Activities, NACEBEL 2025
26300Manufacture of computer, electronic and optical products
Contact
Scores and ratios are computed by Checked and are not a credit decision.