Munio Real Estate
ActiveSummary
Munio Real Estate has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €86k. Its solvency ranks better than 28% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+62
Solvency31▼-7
Growth78
Track record82
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 16.74 in 2024; short-term debt: 43.7% and cash: 34.8% of total assets), but 93.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.1%
Return on assets
6.4%
Age of the figures
9 mo
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 29-05-2026, 63 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
63 d early
2024
66 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€81k▲ 103%
2024 · €40k
2024: €40k
2024 → 2025
Total assets
€1.33M▲ 347%
2024 · €297k
2024: €297k
2024 → 2025
Net result
€86k
2024 · €-10k
2024: €-10k
2024 → 2025
Working capital
€748k▲ 168%
2024 · €279k
2024: €279k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€40k-€81k▲ 103%
Operating result€-2k-€132k
Net result€-10k-€86k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €132k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.33M
Equity
€81k ▲ 103%
Debt
€1.25M ▲ 385%
Debt's share of the balance-sheet total rises from 86.6% to 93.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€133k▲
2024 · €-107
Cash flow
€86k▲
2024 · €-8k
Current ratio
2.29▼
2024 · 16.74
Quick ratio
0.80▼
2024 · 2.93
Debt to equity
15.52▲
2024 · 6.48
ROE
106.5%▲
2024 · -24.5%
ROA
6.4%▲
2024 · -3.3%
Interest coverage
8.58▲
2024 · -0.01
Debt ≤ 1 year
€581k▲
2024 · €18k
Debt > 1 year
€570k▲
2024 · €240k
Income taxes
€31k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€297k€1.33M▲
Formation expenses20€431-
Current assets29/58€297k€1.33M▲
Stocks and contracts in progress3€245k€866k▲
Stocks30/36€245k€866k▲
Amounts receivable within one year40/41€8k€612▼
Trade receivables40-€612
Other amounts receivable41€8k-
Cash at bank and in hand54/58€44k€463k▲
Equity and liabilities
Total equity and liabilities10/49€297k€1.33M▲
Equity10/15€40k€81k▲
Contributions10/11€50k€5k▼
Reserves13-€86k
Distributable reserves133-€86k
Profit (loss) carried forward14€-10k€-10k=
Amounts payable17/49€258k€1.25M▲
Amounts payable after more than one year17€240k€570k▲
Financial debts170/4€240k€570k▲
Amounts payable within one year42/48€18k€581k▲
Trade debts44€11k€43k▲
Suppliers440/4€11k€43k▲
Taxes, remuneration and social security45€2k€169k▲
Taxes450/3€2k€169k▲
Other amounts payable47/48€5k€370k▲
Accrued charges and deferred income492/3-€98k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€431▼
Other operating charges640/8-€120
Gross operating margin9900€-107€133k▲
Operating profit (loss)9901€-2k€132k▲
Financial income75/76B€287€249▼
Recurring financial income75€287€249▼
Financial charges65/66B€8k€15k▲
Recurring financial charges65€8k€15k▲
Profit (loss) for the period before taxes9903€-10k€117k▲
Income taxes67/77-€31k
Profit (loss) for the period9904€-10k€86k▲
Profit (loss) for the period to be appropriated9905€-10k€86k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€76k▲
Profit (loss) brought forward from the previous period14P-€-10k
Transfer to equity691/2-€86k
To other reserves6921-€86k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €86k
Net result €86k after one loss-making year.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zoersel · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Eikenlaan 342980 ZoerselGround area
2,452 m²
Building footprint
185 m²
Volume, LiDAR
2,644 m³
Parcel 11017A0029/00G000, Flanders · tallest building 20.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Munio Real Estate
since 20242.357.813.642
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017A0029/00G000 | Flanders | 2,452 m² | 1 · 185 m² | 20.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BK PROJECTEN
BE 0698.789.879
Malle · Eq €80,546
AT IMMO
BE 1006.230.884
Bastogne · Eq €80,549
DACARLI
BE 0882.746.916
Elsene · Eq €80,587
PVO PROJECTS
BE 0753.844.111
Gent · Eq €80,440
Olyv Expertimmo
BE 0785.522.529
Le Roeulx · Eq €80,420
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,251 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
43350Other building finishing work
43990Other specialised construction activities
68110Buying and selling of own real estate
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.