MUNCK
ActiveSummary
The computed 12-month bankruptcy probability of MUNCK is 8.8% (elevated). The 2025 annual accounts show negative equity (-€205,680) and a net result of -€79,784. Its solvency ranks better than 7% of 16,833 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 16.1 FTE
- Equity
- -€205,680
- Loss
- -€79,784
- DE MUNCK Bodi Leendert Meindert Christiaan JeannetteDirector
- DE MUNCK Timothy Leendert Meindert Johan SonjaDirector
Why 30raises riskSector: Food and beverage service activities (NACE 56)Founded in 2023Liquidity: current ratio 0.18, cash €1, halvedLoss of €79,784, the second in a row (financial year 2025)Show the evidence
Checked score
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 9% on solvency, 1% on liquidity, 8% on profitability and 12% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 2 accounts on average 32 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointments: DE MUNCK Bodi Leendert…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result stays negative: a loss of €73,410 in 2025 against €121,870 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 490 companies that looked in July 2024 the way this one looks now, 6.7% went bankrupt within 24 months and 88.8% are still going.
- Small
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 8.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 490 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €555,446 | €279,114 | ▼ 49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,079 | €22,129 | ▲ 0.2% |
| Other operating charges640/8 | €1,990 | €2,750 | ▲ 38.2% |
| Gross operating margin9900 | €457,645 | €230,582 | ▼ 49.6% |
| Operating profit (loss)9901 | -€121,870 | -€73,410 | ▲ 39.8% |
| Financial income75/76B | €81 | €30 | ▼ 62.8% |
| Recurring financial income75 | €81 | €30 | ▼ 62.8% |
| Financial charges65/66B | €9,107 | €6,079 | ▼ 33.3% |
| Recurring financial charges65 | €9,107 | €6,079 | ▼ 33.3% |
| Profit (loss) for the period before taxes9903 | -€130,896 | -€79,459 | ▲ 39.3% |
| Income taxes67/77 | - | €325 | - |
| Profit (loss) for the period9904 | -€130,896 | -€79,784 | ▲ 39.0% |
| Profit (loss) for the period to be appropriated9905 | -€130,896 | -€79,784 | ▲ 39.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €142,235 | €116,946 | ▼ 17.8% |
| Fixed assets21/28 | €112,275 | €91,992 | ▼ 18.1% |
| Intangible fixed assets21 | €988 | €732 | ▼ 25.9% |
| Tangible fixed assets22/27 | €104,087 | €84,061 | ▼ 19.2% |
| Land and buildings22 | €34,852 | €32,810 | ▼ 5.9% |
| Plant, machinery and equipment23 | €42,393 | €30,955 | ▼ 27.0% |
| Furniture and vehicles24 | €26,843 | €20,296 | ▼ 24.4% |
| Financial fixed assets28 | €7,200 | €7,200 | = |
| Current assets29/58 | €29,959 | €24,953 | ▼ 16.7% |
| Stocks and contracts in progress3 | €24,410 | €14,190 | ▼ 41.9% |
| Stocks30/36 | €24,410 | €14,190 | ▼ 41.9% |
| Amounts receivable within one year40/41 | €3,408 | €10,762 | ▲ 216% |
| Trade receivables40 | €3,408 | €10,762 | ▲ 216% |
| Cash at bank and in hand54/58 | €2,141 | €1 | ▼ 99.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €142,235 | €116,946 | ▼ 17.8% |
| Equity10/15 | -€125,896 | -€205,680 | ▼ 63.4% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€130,896 | -€210,680 | ▼ 61.0% |
| Amounts payable17/49 | €268,131 | €322,626 | ▲ 20.3% |
| Amounts payable after more than one year17 | €77,842 | €179,510 | ▲ 131% |
| Financial debts170/4 | €41,655 | €30,094 | ▼ 27.8% |
| Other amounts payable178/9 | €36,188 | €149,416 | ▲ 313% |
| Amounts payable within one year42/48 | €115,034 | €137,815 | ▲ 19.8% |
| Current portion of amounts payable after more than one year42 | €11,045 | €19,106 | ▲ 73.0% |
| Financial debts43 | - | €6,379 | - |
| Credit institutions430/8 | - | €6,379 | - |
| Trade debts44 | €716 | €25,817 | ▲ 36× |
| Suppliers440/4 | €716 | €25,817 | ▲ 36× |
| Taxes, remuneration and social security45 | €44,832 | €37,692 | ▼ 15.9% |
| Taxes450/3 | €20,514 | €16,735 | ▼ 18.4% |
| Remuneration and social security454/9 | €24,319 | €20,957 | ▼ 13.8% |
| Other amounts payable47/48 | €58,440 | €48,821 | ▼ 16.5% |
| Accrued charges and deferred income492/3 | €75,255 | €5,301 | ▼ 93.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€130,896 | -€79,784 | ▲ 39.0% |
| + Depreciation and write-downs630 | €22,079 | €22,129 | ▲ 0.2% |
| Operating cash flow (approximation) | -€108,818 | -€57,655 | ▲ 47.0% |
| Investment in fixed assets (approximation) | - | -€1,846 | - |
| Change in cash | - | -€2,140 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00209997 |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00193590 |
Similar companies · same sector and region
Subsidies and aid
Flemish government
2025 · 1 entry · €1,000 awarded · €1,000 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE MUNCK Bodi Leendert Meindert Christiaan Jeannette |
|
| DE MUNCK Timothy Leendert Meindert Johan Sonja |
|
Owners and capital
Capital and shareholders
- DE MUNCK Bodi Leendert Meindert Christiaan Jeannette founder
- DE MUNCK Timothy Leendert Meindert Johan Sonja founder
- VAN DER AUWERA Sandra 2 shares (2%) · €100
- DE MUNCK Bodi 49 shares (49%) · €2,450
- DE MUNCK Timothy 49 shares (49%) · €2,450
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 13-07-2023 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
13-07
Gazette deed
IncorporationAppointments: DE MUNCK Bodi Leendert Meindert Christiaan Jeannette (director) and DE MUNCK Timothy Leendert Meindert Johan Sonja (director) · Founder · Founding capital12 facts ▸
- Incorporation, “MUNCK” (deed in Dutch)
- Founder, DE MUNCK Bodi Leendert Meindert Christiaan Jeannette
- Founder, DE MUNCK Timothy Leendert Meindert Johan Sonja
- Founder, VAN DER AUWERA Sandra
- Founding capital, €5,000
- Capital
- Other provision, “uitwerking slot- en overgangsbepalingen, overeenkomstig wet” (deed in Dutch)
- Registered office clause, “9190 Stekene,Kwakkelstraat 69/A” (deed in Dutch)
- Board rule, 2
- Director appointment, DE MUNCK Bodi Leendert Meindert Christiaan Jeannette (director (not named in the articles))
- Director appointment, DE MUNCK Timothy Leendert Meindert Johan Sonja (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien,en alle activiteiten ondernomen sinds heden door comparanten in naam en voor rekening van…” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDual-learning approval
7 live approvalsShow 1 more
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46024A1214/00E000 | Flanders | 1,104 m² | 1 · 271 m² | 10.7 m · 1 |
| 46011A0240/00B000 | Flanders | 550 m² | 1 · 105 m² | 10.7 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Eetgelegenheden met beperkte bediening; Café-restaurants (tavernen); Restaurant van het traditionele type; Uitbating afhaalrestaurant; Alle…” (deed in Dutch)
8 activities (deed in Dutch)
- Eetgelegenheden met beperkte bediening
- Café-restaurants (tavernen)
- Restaurant van het traditionele type
- Uitbating afhaalrestaurant
- Alle handelingen die rechtstreeks of onrechtstreeks met horeca en alle aanverwanten te maken hebben waaronder onder andere te verstaan:
- Restauranthouder, alle diensten van traiteur, catering en uitzendkoks, het verzorgen van feesten en recepties, het inrichten van gastronomische- en wijncursussen, het promoten van culinaire producten evenals van dranken
- Overige zakelijke dienstverlening
- Beheer, verhuur, handel en exploitatie van eigen of geleased onroerend goed
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MUNCK
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Geen wijziging taalregime, binnen België” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Bevoegdheden van het bestuursorgaan Indien de vennootschap door twee of meer bestuurders wordt bestuurd, dienen zij samen op te…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of June at 15:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, recht algemene vergadering een of meerdere vereffenaars aan te duiden,bevoegdheden te omlijnen en…” (deed in Dutch)“Ontbinding en vereffening in een akte, indien voldaan aan wettelijke voorwaarden” (deed in Dutch)