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MUNFUS

Active Private limited companyfounded 2006active for 20 yearsVan Volxemlaan 385, 1190 ForestKBO/BCE: BE 0879.101.991

Lifetime

19 annual accounts with figures on one time axis
peak €145,907 (2007)
-€53,007▼ €106,417
lowest -€118,916 (2007)
-€66,326▼ €96,068
peak €208,581 (2022)
€134,504▼ 33.0%
€325,247▲ 6.5%
peak 2.9 FTE (2007)
-not published
Board1 name since 2008
1 director
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Gross margin from €53,410 to -€53,007Loss of €66,326Equity from €200,830 to €134,504

Key points

from the 2025 annual accounts

Result

-€66,326 -€66,326
€29,7002024-€66,3002025

From profit to loss in 2025, after a profit of €29,742 in 2024.

Filings

19 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

Two of the last ten came late. The 2017 accounts came latest: 24 days after the end of the period.

Position in the sector

-€66,326

Lower net result than 95% of companies in land transport. Sector median €5,535 · 6,571 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 307 companies had the same profile as MUNFUS has now. Each dot is one company, two years later.

88.9%
were still trading
5.2%
stopped another way
4.9%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

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 307 companies, not a prediction for MUNFUS. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0879101991
Change of role: , from manager to director Director discharge: · General meeting of 19-12-2023 · Gazette deed
Registered office moved from Ghent to Forest New registered office: Van Volxemlaan 385 bus 8, 1190 Vorst · Previous registered office: Walstraat 50 bus H, 9050 Gent · Gazette deed
First establishment Munfus BVBA, Van Volxemlaan 385, Forest
All 35 events

Comparable companies

same main activity, similar in size and age
Company
MUNFUS Forest €0.5m -€53,007 29.3% -
ANDACE Saint-Vith €0.5m -€66 81.7% -
J & J CARS Meerhout €0.4m -€15,678 99.5% -
PROXI VILLAGE N°1 Braine-le-Château €0.6m -€4,141 99.9% -
VAN ISACKER Uccle €1.0m -€11,107 -2.3% -
I - BUS Antwerp €1.6m -€964,641 - -
A AUTO - RENT BELGIUM Waterloo €1.4m -€7,819 40.8% -

These companies have the same main activity as MUNFUS: non-scheduled passenger transport by road (NACE 49320). They are comparable in size and age: total assets between €392,000 and €1.6m, founded between 1997 and 2009.

Official details

Source: KBO
Status
Active since 30-01-2006Normal situation
Activity
Non-scheduled passenger transport by roadNACE 49320and 2 others
Joint committee
140Transport and logistics · annual accounts 2023
Establishment unit
2.151.560.1661190 Forest, since 02-02-2006
Financial year end
31 December
Peppol
Reachable since 15-12-2025
Company details

Annual accounts 2025

€459,751▼ 9.2%
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on MUNFUS

MUNFUS files the micro format. That format states no turnover. The gross margin fell from €145,907 in 2007 to -€53,007 in 2025.

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 MUNFUS

What is the company number of MUNFUS?
The company number of MUNFUS is 0879.101.991. The VAT number is the same number with BE in front: BE 0879.101.991.
Where is MUNFUS based?
The registered office is at Van Volxemlaan 385, 1190 Forest.Company details
What does MUNFUS do?
According to the KBO register, the main activity is non-scheduled passenger transport by road (NACE 49320).
What is the legal form of MUNFUS?
MUNFUS is a private limited company (BV).
When was MUNFUS founded?
MUNFUS was founded on 30-01-2006.
Is MUNFUS still active?
Yes, MUNFUS is an active enterprise in the KBO register.
Which joint committee does MUNFUS fall under?
In its 2023 annual accounts, MUNFUS states joint committee 140 (Transport and logistics).
What is the turnover of MUNFUS?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is MUNFUS profitable?
In financial year 2025, MUNFUS made a loss of €66,326.
Where can I find the annual accounts of MUNFUS?
MUNFUS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MUNFUS due?
MUNFUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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