Muntpunt
ActiveSummary
Muntpunt has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.13M and a net result of €-4k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-2
Solvency92▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 3.87 in 2024; short-term debt: 25.5% and cash: 22.9% of total assets), and 33.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
66.8%
Return on assets
-0.1%
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 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
93 d early
2024
125 d early
2023
127 d early
2022
139 d early
2021
123 d early
2020
26 d early
2019
23 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.13M▲ 2.3%
2024 · €2.09M
2018: €1.01M
2019: €853k▼ -15.3% vs 2018lowest in 8 years
2020: €1.00M▲ +17.3% vs 2019
2021: €1.37M▲ +37.3% vs 2020
2022: €1.37M▼ -0.4% vs 2021
2023: €1.89M▲ +38.0% vs 2022
2024: €2.09M▲ +10.5% vs 2023
2025: €2.13M▲ +2.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€3.19M▲ 0.2%
2024 · €3.19M
2018: €1.80M
2019: €1.67M▼ -7.7% vs 2018lowest in 8 years
2020: €2.32M▲ +39.4% vs 2019
2021: €2.60M▲ +12.0% vs 2020
2022: €2.44M▼ -6.0% vs 2021
2023: €2.88M▲ +18.0% vs 2022
2024: €3.19M▲ +10.6% vs 2023
2025: €3.19M▲ +0.2% vs 2024highest in 8 years
2018 → 2025
Net result
€-4k
2024 · €63k
2018: €3k
2019: €-101k▼ -3439% vs 2018lowest in 8 years
2020: €38k▲ +137% vs 2019
2021: €20k▼ -45.7% vs 2020
2022: €-40k▼ -298% vs 2021
2023: €10k▲ +124% vs 2022
2024: €63k▲ +550% vs 2023highest in 8 years
2025: €-4k▼ -106% vs 2024
2018 → 2025
Working capital
€967k▼ 51.5%
2024 · €1.99M
2018: €904k
2019: €803k▼ -11.2% vs 2018lowest in 8 years
2020: €1.26M▲ +57.2% vs 2019
2021: €1.42M▲ +12.4% vs 2020
2022: €1.25M▼ -11.9% vs 2021
2023: €1.70M▲ +36.5% vs 2022
2024: €1.99M▲ +16.9% vs 2023highest in 8 years
2025: €967k▼ -51.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.37M-€1.37M▼ 0.4%€1.89M▲ 38.0%€2.09M▲ 10.5%€2.13M▲ 2.3%
2021: €1.37M
2022: €1.37M▼ -0.4% vs 2021lowest in 5 years
2023: €1.89M▲ +38.0% vs 2022
2024: €2.09M▲ +10.5% vs 2023
2025: €2.13M▲ +2.3% vs 2024highest in 5 years
Operating result€-87k-€-165k▼ 88.5%€-4k▲ 97.3%€27k€-35k
2021: €-87k
2022: €-165k▼ -88.5% vs 2021lowest in 5 years
2023: €-4k▲ +97.3% vs 2022
2024: €27k▲ +718% vs 2023highest in 5 years
2025: €-35k▼ -229% vs 2024
Net result€20k-€-40k€10k€63k▲ 550%€-4k
2021: €20k
2022: €-40k▼ -298% vs 2021lowest in 5 years
2023: €10k▲ +124% vs 2022
2024: €63k▲ +550% vs 2023highest in 5 years
2025: €-4k▼ -106% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €35k after €27k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.19M
Fixed assets
€1.41M ▲ 183%
Current assets
€1.78M ▼ 33.7%
Equity and liabilities €3.19M
Equity
€2.13M ▲ 2.3%
Provisions
€74k ▼ 44.0%
Debt
€985k ▲ 1.7%
Debt's share of the balance-sheet total rises from 30.4% to 30.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€301k▲
2024 · €216k
Cash flow
€332k▲
2024 · €251k
Current ratio
2.19▼
2024 · 3.87
Debt to equity
0.46▼
2024 · 0.46
ROE
-0.2%▼
2024 · 3.0%
ROA
-0.1%▼
2024 · 2.0%
Interest coverage
177.63▲
2024 · 129.98
Debt ≤ 1 year
€815k▲
2024 · €696k
Income taxes
€14k▼
2024 · €16k
Staff costs
€4.05M▲
2024 · €3.98M
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.19M€3.19M▲
Fixed assets21/28€498k€1.41M▲
Intangible fixed assets21€149k€110k▼
Tangible fixed assets22/27€348k€1.30M▲
Plant, machinery and equipment23€136k€137k▲
Furniture and vehicles24€37k€59k▲
Other tangible fixed assets26€157k€1.10M▲
Assets under construction and advance payments27€18k€0▼
Financial fixed assets28€347€347=
Current assets29/58€2.69M€1.78M▼
Amounts receivable within one year40/41€428k€215k▼
Trade receivables40€58k€38k▼
Other amounts receivable41€370k€177k▼
Current investments50/53€2.00M€750k▼
Cash at bank and in hand54/58€227k€731k▲
Deferred charges and accrued income490/1€33k€86k▲
Equity and liabilities
Total equity and liabilities10/49€3.19M€3.19M▲
Equity10/15€2.09M€2.13M▲
Reserves13€431k€431k=
Profit (loss) carried forward14€372k€368k▼
Investment grants15€1.28M€1.33M▲
Provisions and deferred taxes16€133k€74k▼
Provisions for liabilities and charges160/5€133k€74k▼
Other liabilities and charges164/5€133k€74k▼
Amounts payable17/49€968k€985k▲
Amounts payable within one year42/48€696k€815k▲
Trade debts44€253k€349k▲
Suppliers440/4€253k€349k▲
Taxes, remuneration and social security45€436k€458k▲
Taxes450/3€32k€22k▼
Remuneration and social security454/9€404k€436k▲
Accrued charges and deferred income492/3€273k€171k▼
Income statement
Code20242025
Remuneration, social security and pensions62€3.98M€4.05M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€189k€336k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€4.15M€4.30M▲
Operating profit (loss)9901€27k€-35k▼
Financial income75/76B€53k€47k▼
Recurring financial income75€53k€47k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€78k€10k▼
Income taxes67/77€16k€14k▼
Profit (loss) for the period9904€63k€-4k▼
Profit (loss) for the period to be appropriated9905€63k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€403k€368k▼
Profit (loss) brought forward from the previous period14P€340k€372k▲
To contributions691€31k-
Social balance
Average headcount (FTE)908752.655.1▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €10k | - | - | - |
| Remuneration, social security and pensions62 | - | €3.48M | €3.69M | €3.98M | €4.05M | ▲ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €166k | €178k | €160k | €189k | €336k | ▲ 77.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €30k | €12k | - | - | - |
| Other operating charges640/8 | - | €2k | €7k | €2k | €3k | ▲ 68.9% |
| Non-recurring operating charges66A | - | - | - | - | €4k | - |
| Gross operating margin9900 | €2.80M | €3.33M | €3.86M | €4.15M | €4.30M | ▲ 3.5% |
| Operating profit (loss)9901 | €-87k | €-165k | €-4k | €27k | €-35k | ▼ 229% |
| Financial income75/76B | - | €132k | €15k | €53k | €47k | ▼ 11.4% |
| Recurring financial income75 | €108k | €132k | €15k | €53k | €47k | ▼ 11.4% |
| Financial charges65/66B | - | €8k | €1k | €2k | €2k | ▲ 1.9% |
| Recurring financial charges65 | €650 | €8k | €1k | €2k | €2k | ▲ 1.9% |
| Profit (loss) for the period before taxes9903 | €20k | €-40k | €10k | €78k | €10k | ▼ 87.3% |
| Income taxes67/77 | - | - | - | €16k | €14k | ▼ 10.4% |
| Profit (loss) for the period9904 | €20k | €-40k | €10k | €63k | €-4k | ▼ 106% |
| Profit (loss) for the period to be appropriated9905 | €20k | €-40k | €10k | €63k | €-4k | ▼ 106% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.60M | €2.44M | €2.88M | €3.19M | €3.19M | ▲ 0.2% |
| Fixed assets21/28 | €471k | €451k | €512k | €498k | €1.41M | ▲ 183% |
| Intangible fixed assets21 | €44k | €124k | €194k | €149k | €110k | ▼ 26.4% |
| Tangible fixed assets22/27 | €427k | €326k | €317k | €348k | €1.30M | ▲ 273% |
| Plant, machinery and equipment23 | - | €55k | €78k | €136k | €137k | ▲ 0.8% |
| Furniture and vehicles24 | - | €44k | €41k | €37k | €59k | ▲ 58.1% |
| Other tangible fixed assets26 | - | €228k | €198k | €157k | €1.10M | ▲ 603% |
| Assets under construction and advance payments27 | - | - | - | €18k | €0 | ▼ 100% |
| Financial fixed assets28 | €347 | €347 | €347 | €347 | €347 | = |
| Current assets29/58 | €2.13M | €1.99M | €2.37M | €2.69M | €1.78M | ▼ 33.7% |
| Amounts receivable within one year40/41 | €196k | €195k | €109k | €428k | €215k | ▼ 49.7% |
| Trade receivables40 | - | €57k | €23k | €58k | €38k | ▼ 34.4% |
| Other amounts receivable41 | - | €138k | €86k | €370k | €177k | ▼ 52.1% |
| Current investments50/53 | - | - | €1.00M | €2.00M | €750k | ▼ 62.5% |
| Cash at bank and in hand54/58 | €1.90M | €1.74M | €1.23M | €227k | €731k | ▲ 222% |
| Deferred charges and accrued income490/1 | - | €57k | €34k | €33k | €86k | ▲ 156% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.60M | €2.44M | €2.88M | €3.19M | €3.19M | ▲ 0.2% |
| Equity10/15 | €1.37M | €1.37M | €1.89M | €2.09M | €2.13M | ▲ 2.3% |
| Reserves13 | - | €395k | €400k | €431k | €431k | = |
| Profit (loss) carried forward14 | €376k | €336k | €340k | €372k | €368k | ▼ 1.1% |
| Investment grants15 | - | €637k | €1.15M | €1.28M | €1.33M | ▲ 4.0% |
| Provisions and deferred taxes16 | €360k | €173k | €173k | €133k | €74k | ▼ 44.0% |
| Provisions for liabilities and charges160/5 | - | €173k | €173k | €133k | €74k | ▼ 44.0% |
| Other liabilities and charges164/5 | - | €173k | €173k | €133k | €74k | ▼ 44.0% |
| Amounts payable17/49 | €867k | €902k | €821k | €968k | €985k | ▲ 1.7% |
| Amounts payable within one year42/48 | €710k | €743k | €666k | €696k | €815k | ▲ 17.1% |
| Trade debts44 | €376k | €332k | €225k | €253k | €349k | ▲ 38.1% |
| Suppliers440/4 | - | €332k | €225k | €253k | €349k | ▲ 38.1% |
| Taxes, remuneration and social security45 | - | €408k | €435k | €436k | €458k | ▲ 4.9% |
| Taxes450/3 | - | €7k | €5k | €32k | €22k | ▼ 32.4% |
| Remuneration and social security454/9 | - | €401k | €430k | €404k | €436k | ▲ 7.8% |
| Accrued charges and deferred income492/3 | - | €159k | €155k | €273k | €171k | ▼ 37.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €-40k | €10k | €63k | €-4k | ▼ 106% |
| + Depreciation and write-downs630 | €166k | €178k | €160k | €189k | €336k | ▲ 77.9% |
| Operating cash flow (approximation) | €187k | €138k | €170k | €251k | €332k | ▲ 32.0% |
| Investment in fixed assets (approximation) | - | €-158k | €-221k | €-175k | €-1.25M | ▼ 612% |
| Change in cash | - | €-164k | €-513k | €-1,000k | €504k | ▲ 150% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €63k ▲550%
Operating result €27k, net result €63k, both a record.
31-12
Financial
Equity above €2MEq €2.09M ▲10.5%
2 profitable years in a row build equity to €2.09M.
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.00M ▲17.3%
Equity rises from €853k to €1.00M.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-101k
Net result drops to €-101k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 76 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
19 acts for this company are 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, Brussel · 1 establishment unit since 2012
Ground area
1,014 m²
Building footprint
930 m²
Volume, LiDAR
20,604 m³
Parcel 21802B0958/00C000, Brussels · tallest building 25.1 m, ±7 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Muntpunt (Nederlands)
since 20122.207.205.997
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B0958/00C000 | Brussels | 1,014 m² | 1 · 930 m² | 25.1 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 5 entries · 23,133 EUR awarded · 23,133 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 18,470 EUR | 18,470 EUR |
| 2024 | 2 | 2,663 EUR | 2,663 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Individueel Maatwerk
Projectsubsidies Toerisme Vlaanderen
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 19,403 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded25-08-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
94999Other membership organisations
Scores and ratios are computed by Checked and are not a credit decision.