MUQADAS
ActiveThe computed 12-month bankruptcy probability of MUQADAS is 5.9% (elevated). The 2024 annual accounts show equity of €5k and a net result of €-9k. Its solvency ranks better than 29% of 9582 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability0
Solvency35
Growth-
Stability67
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.28), and 78.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
21.6%
Return on assets
-40.1%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-09-2025, 51 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2024
51 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€5k
Total assets
€23k
Net result
€-9k
Working capital
€5k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Equity and liabilities €23k
Equity
€5k
Debt
€18k
Debt finances 78.4% of the balance-sheet total.
Key figures and ratios
Solvency
21.6%
Current ratio
1.28
Quick ratio
0.22
Debt / equity
3.62
ROE
-185.5%
ROA
-40.1%
Debt
€18k
Debt ≤ 1 year
€18k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€23k
Current assets29/58€23k
Stocks and contracts in progress3€19k
Stocks30/36€19k
Amounts receivable within one year40/41€533
Other amounts receivable41€533
Cash at bank and in hand54/58€3k
Equity and liabilities
Total equity and liabilities10/49€23k
Equity10/15€5k
Contributions10/11€5k
Outside capital11€5k
Other1109/19€5k
Amounts payable17/49€18k
Amounts payable within one year42/48€18k
Other amounts payable47/48€18k
Income statement
Code2024
Other operating charges640/8€900
Gross operating margin9900€-8k
Operating profit (loss)9901€-9k
Financial charges65/66B€373
Recurring financial charges65€373
Profit (loss) for the period before taxes9903€-9k
Profit (loss) for the period9904€-9k
Profit (loss) for the period to be appropriated9905€-9k
Appropriation of the result
Profit (loss) to be appropriated9906€-9k
Shareholders' contribution to the loss794€9k
Timeline · acts, filings and financial milestones
2025
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 51 days late
NBB filing
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, Vorst · 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.
Brusselse Steenweg 1851190 VorstGround area
75 m²
Building footprint
76 m²
Volume, LiDAR
811 m³
Parcel 21382C0223/00E008, Brussels · tallest building 15.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MUQADAS
since 20242.361.470.839
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0223/00E008 | Brussels | 75 m² | 1 · 76 m² | 15.2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVorst2.361.470.839
Similar companies · same sector, comparable size
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BE 0795.165.418
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ANAS GROUP
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IMAN COMPANY
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ABASSI
BE 0803.687.362
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Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 2,561 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2024
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47113Retail trade
47210Retail sale of fruit and vegetables
47252Retail sale of beverages, general range
47260Retail trade
47279Other retail sale of food
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.