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MUNIA

Active
Public limited companyfounded 1991active for 35 yearsPastorijstraat 28, 9552 Herzele, BelgiumKBO/BCE: BE 0445.561.184
Summary

MUNIA has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,272 and a net result of -€2,127. Equity has been shrinking by about 13% per year since 2018. Its solvency ranks better than 24% of 11,268 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-10-1991 Normal situation
Activity
Real estate agency activities NACE 68310
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2022
Establishment unit
2.054.940.347 9450 Haaltert, since 13-11-1991
Financial year end
31 December
Peppol
Reachable since 18-12-2024

Board and ownership

Board

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€43,725
▲ 1.2%
Turnover
≈ €98,000
estimated
Loss
€2,127
Equity
€23,272
▼ 8.4%
Total assets
€442,773
▼ 7.0%
Score breakdownraises riskEquity €23,272 (5.3% of total assets)lowers riskSize: total assets €442,773Founded in 1991Figures for financial year 2025 (filed on 03-08-2026)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 30% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 30=
equity 5.3% of total assets
Liquidity 9=
short-term debt 77.4% · cash 0.7%
Profitability 68-1
return on assets -0.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points 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
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.01 (0.03 in 2024), below 1. Short-term debt is 77.4% and cash 0.7% of total assets. 94.7% of the assets are financed with debt and provisions.
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 68, micro). It does better than 26% of them on solvency, 10% on liquidity, 55% on profitability and 30% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

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).

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €442,773
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 03-08-2026)
NBB · annual accounts
raises risk · Equity €23,272 (5.3% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 11268 sector peers (2025).
NBB · sector comparison
Position among 11268 sector peers
Solvency
better than 24%
← weakest strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
16 days early
2023
30 days late
2022
4 days early
2021
26 days late
2020
44 days late
2019
21 days late
← 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 14 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 3rd oldest company in Herzele, Real estate sectorin the Checked rankings No. 3 View

Recent changes

  1. · Gazette deed Reappointments: Yvan Welleman, Anne Marie Hemelsoen and Kristof Welleman
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as MUNIA: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €373,000 and €476,000, founded between 1988 and 1993.

CompanyTotal assetsGross margin
MUNIA Herzele€442,773€43,725
Soebill Gent€422,885€48,329
ROWI Brussel€464,673€42,672
VAN HEMEL Lille€399,862€48,216
Immo KWP Zoersel€474,909€39,011
LESCAPE Braine-l'Alleud€475,730€43,927
IMMO LOCK Knokke-Heist€372,830€41,558
Full comparison

Key facts about MUNIA

What is the company number of MUNIA?
The company number of MUNIA is 0445.561.184. The VAT number is the same number with BE in front: BE 0445.561.184.
Where is MUNIA based?
The registered office is at Pastorijstraat 28, 9552 Herzele.Company details
What does MUNIA do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of MUNIA?
The legal form of MUNIA is Public limited company (NV).
When was MUNIA founded?
MUNIA was founded on 30-10-1991.
Is MUNIA still active?
Yes, MUNIA is an active enterprise in the KBO register.
Which joint committee does MUNIA fall under?
In its 2022 annual accounts, MUNIA states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of MUNIA?
The turnover in financial year 2025 is ≈ €98,000. This figure is estimated from the gross margin of €43,725 and 33 comparable companies (NACE 683). It probably lies between €67,000 and €160,000.Financials
Is MUNIA profitable?
In financial year 2025, MUNIA made a loss of €2,127.
Where can I find the annual accounts of MUNIA?
MUNIA filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MUNIA due?
MUNIA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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