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MUNTERS & BOSTANCI

Active
Private limited companyfounded 2010active for 16 yearsLouizalaan 40, 1050 Elsene, BelgiumKBO/BCE: BE 0830.449.761
Summary

MUNTERS & BOSTANCI has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€27,949) and a net result of €17,716. Equity is growing by about 4.6% per year across the filed financial years. Its solvency ranks better than 9% of 273 sector peers (NACE 32, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Manufacture of imitation jewellery and related articles
NACE 32130
1 site
Size
€211,569total assets 2025
Equity
-€27,949
Profit
€17,716
Turnover not published (abbreviated or micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Accounts 24 days early2 of 4 deeds read
Why 55raises riskCapped at 59: negative equityNegative equity -€27,9491 change of registered office in 24 monthslowers riskSize: total assets €211,569Figures for financial year 2025 (filed 07-07-2026)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 45% of its sector peers (NACE 32, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 12+11
equity -13.2% of total assets
Liquidity 26+15
short-term debt 97.8% · cash 20.5%
Profitability 79-5
return on assets 8.4%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,139 companies, NACE 32, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 0.5%▼ -0.5 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026lowest value 07-2026: 1.5%▲ +1.0 percentage point vs 06-2026highest value 08-2026: 0.9%▼ -0.6 percentage points vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
No credit on open account
Liquidity tight (current ratio 1.02, compared with 0.93 in 2024, below the usual 1.5; short-term debt: 97.8% and cash: 20.5% of total assets), and equity is negative.
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 32, micro): better than 14% on solvency, 19% on liquidity, 62% on profitability and 83% on growth.

The bankruptcy probability was computed on 21-10-2026 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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€27,949
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €211,569
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 07-07-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 273 sector peers (2025).
NBB · sector comparison
Position among 273 sector peers
Solvency
better than 9%
← 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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
71 days early
2023
2 days late
2022
11 days late
2021
65 days late
2020
23 days early
2019
52 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 32) for financial year 2024 is 2 days before the deadline, and 39% 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 3 August (4 of the last 5 filed years within 62 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Registered officeRegistered-office move · Power of…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€27,949 View
  • Caution: Among the weakest 9% on equitysector median €275,721 · 274 companies -€27,949 View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2025
Total assets
€211,569
Profit
€17,716
Solvency
-13.2%
Total assets▲ 14.6%
Net result
20182025
Go to Financials

Timeline

Events
20
Since
2012
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 02-08-2024Annual accounts filed
  3. 23-07-2024Reappointments: MUNTERS Axel Robin (director) and BOSTANCI…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of imitation jewellery and related articlesNACE 32130
Founded
20-10-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
24
Annual meeting
First Monday of May at 18:00
Purpose
“Toute activité relative à la joaillerie, l’horlogerie et la bijouterie au sens large; Le…” (deed in French)
Go to Articles of association

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