MURISQ
ActiveSummary
MURISQ has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €45k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 2053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-14
Solvency27=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
1.5%
Return on assets
13.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2053 sector peers (2025).
NBB · sector comparisonPosition among 2053 sector peers
Solvency
better than 19%
← 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 13-07-2026, 18 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
18 d early
2024
6 d early
2023
3 d early
2022
28 d late
2021
15 d late
2020
31 d late
← 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, micro schema
Equity
€5k=
2024 · €5k
2020: €35k
2021: €97k▲ +179% vs 2020
2022: €156k▲ +60.1% vs 2021highest in 6 years
2023: €5k▼ -96.8% vs 2022lowest in 6 years
2024: €5k● 0.0% vs 2023lowest in 6 years
2025: €5k● 0.0% vs 2024lowest in 6 years
2020 → 2025
Total assets
€323k▲ 19.6%
2024 · €270k
2020: €42klowest in 6 years
2021: €155k▲ +264% vs 2020
2022: €203k▲ +31.1% vs 2021
2023: €272k▲ +34.3% vs 2022
2024: €270k▼ -0.9% vs 2023
2025: €323k▲ +19.6% vs 2024highest in 6 years
2020 → 2025
Net result
€45k▼ 44.0%
2024 · €80k
2020: €30klowest in 6 years
2021: €63k▲ +109% vs 2020
2022: €59k▼ -6.3% vs 2021
2023: €115k▲ +96.6% vs 2022highest in 6 years
2024: €80k▼ -30.4% vs 2023
2025: €45k▼ -44.0% vs 2024
2020 → 2025
Working capital
€-2k
2024 · €4k
2020: €35k
2021: €96k▲ +175% vs 2020
2022: €157k▲ +63.2% vs 2021highest in 6 years
2023: €4k▼ -97.7% vs 2022
2024: €4k▲ +13.5% vs 2023
2025: €-2k▼ -151% vs 2024lowest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€97k-€156k▲ 60.1%€5k▼ 96.8%€5k=€5k=
2021: €97k
2022: €156k▲ +60.1% vs 2021highest in 5 years
2023: €5k▼ -96.8% vs 2022lowest in 5 years
2024: €5k● 0.0% vs 2023lowest in 5 years
2025: €5k● 0.0% vs 2024lowest in 5 years
Operating result€78k-€79k▲ 0.2%€145k▲ 84.8%€102k▼ 29.7%€50k▼ 51.3%
2021: €78k
2022: €79k▲ +0.2% vs 2021
2023: €145k▲ +84.8% vs 2022highest in 5 years
2024: €102k▼ -29.7% vs 2023
2025: €50k▼ -51.3% vs 2024lowest in 5 years
Net result€63k-€59k▼ 6.3%€115k▲ 96.6%€80k▼ 30.4%€45k▼ 44.0%
2021: €63k
2022: €59k▼ -6.3% vs 2021
2023: €115k▲ +96.6% vs 2022highest in 5 years
2024: €80k▼ -30.4% vs 2023
2025: €45k▼ -44.0% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 51% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €323k
Fixed assets
€10k ▲ 1,014%
Current assets
€313k ▲ 16.3%
Equity and liabilities €323k
Equity
€5k =
Debt
€318k ▲ 19.9%
Debt's share of the balance-sheet total rises from 98.1% to 98.5%. Debt is higher.
Key figures and ratios
EBITDA
€51k▼
2024 · €103k
Cash flow
€46k▼
2024 · €81k
Current ratio
0.99▼
2024 · 1.02
Debt to equity
63.57▲
2024 · 53.00
ROE
898.2%
ROA
13.9%▼
2024 · 29.7%
Interest coverage
32.99▼
2024 · 122.15
Debt ≤ 1 year
€315k▲
2024 · €265k
Income taxes
€11k▼
2024 · €27k
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€270k€323k▲
Fixed assets21/28€887€10k▲
Tangible fixed assets22/27€887€10k▲
Furniture and vehicles24€887€10k▲
Current assets29/58€269k€313k▲
Amounts receivable within one year40/41€23k€38k▲
Trade receivables40€15k€19k▲
Other amounts receivable41€8k€18k▲
Current investments50/53€10k€10k=
Cash at bank and in hand54/58€233k€259k▲
Deferred charges and accrued income490/1€3k€7k▲
Equity and liabilities
Total equity and liabilities10/49€270k€323k▲
Equity10/15€5k€5k=
Contributions10/11€5k€5k=
Amounts payable17/49€265k€318k▲
Amounts payable within one year42/48€265k€315k▲
Trade debts44€3k€16k▲
Suppliers440/4€3k€16k▲
Taxes, remuneration and social security45€16k€8k▼
Taxes450/3€14k€8k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€246k€292k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€815€1k▲
Other operating charges640/8€689€848▲
Gross operating margin9900€104k€52k▼
Operating profit (loss)9901€102k€50k▼
Financial income75/76B€6k€8k▲
Recurring financial income75€6k€8k▲
Financial charges65/66B€843€2k▲
Recurring financial charges65€843€2k▲
Profit (loss) for the period before taxes9903€107k€56k▼
Income taxes67/77€27k€11k▼
Profit (loss) for the period9904€80k€45k▼
Profit (loss) for the period to be appropriated9905€80k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€45k▼
Profit to be distributed694/7€80k€45k▼
Return on contributions (dividend)694€80k€45k▼
The notes to these accounts (5 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9 | €469 | €815 | €815 | €1k | ▲ 65.3% |
| Other operating charges640/8 | €2k | €1k | €711 | €689 | €848 | ▲ 23.1% |
| Gross operating margin9900 | €80k | €80k | €147k | €104k | €52k | ▼ 49.9% |
| Operating profit (loss)9901 | €78k | €79k | €145k | €102k | €50k | ▼ 51.3% |
| Financial income75/76B | €527 | €2k | €2k | €6k | €8k | ▲ 31.6% |
| Recurring financial income75 | €527 | €2k | €2k | €6k | €8k | ▲ 31.6% |
| Financial charges65/66B | €621 | €7k | €69 | €843 | €2k | ▲ 83.8% |
| Recurring financial charges65 | €621 | €7k | €69 | €843 | €2k | ▲ 83.8% |
| Profit (loss) for the period before taxes9903 | €78k | €74k | €148k | €107k | €56k | ▼ 47.6% |
| Income taxes67/77 | €16k | €15k | €32k | €27k | €11k | ▼ 58.0% |
| Profit (loss) for the period9904 | €63k | €59k | €115k | €80k | €45k | ▼ 44.0% |
| Profit (loss) for the period to be appropriated9905 | €63k | €59k | €115k | €80k | €45k | ▼ 44.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €155k | €203k | €272k | €270k | €323k | ▲ 19.6% |
| Fixed assets21/28 | €1k | €3k | €2k | €887 | €10k | ▲ 1,014% |
| Tangible fixed assets22/27 | €1k | €3k | €2k | €887 | €10k | ▲ 1,014% |
| Furniture and vehicles24 | €1k | €3k | €2k | €887 | €10k | ▲ 1,014% |
| Current assets29/58 | €153k | €200k | €271k | €269k | €313k | ▲ 16.3% |
| Amounts receivable within one year40/41 | €16k | €21k | €32k | €23k | €38k | ▲ 61.2% |
| Trade receivables40 | €13k | €21k | €25k | €15k | €19k | ▲ 27.7% |
| Other amounts receivable41 | €3k | €703 | €7k | €8k | €18k | ▲ 122% |
| Current investments50/53 | - | - | €10k | €10k | €10k | = |
| Cash at bank and in hand54/58 | €137k | €179k | €229k | €233k | €259k | ▲ 11.1% |
| Deferred charges and accrued income490/1 | - | - | - | €3k | €7k | ▲ 134% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €155k | €203k | €272k | €270k | €323k | ▲ 19.6% |
| Equity10/15 | €97k | €156k | €5k | €5k | €5k | = |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €92k | €151k | - | - | - | - |
| Amounts payable17/49 | €57k | €47k | €267k | €265k | €318k | ▲ 19.9% |
| Amounts payable within one year42/48 | €57k | €44k | €267k | €265k | €315k | ▲ 18.9% |
| Trade debts44 | €18k | €1k | €283 | €3k | €16k | ▲ 357% |
| Suppliers440/4 | €18k | €1k | €283 | €3k | €16k | ▲ 357% |
| Taxes, remuneration and social security45 | €18k | €20k | €41k | €16k | €8k | ▼ 50.9% |
| Taxes450/3 | €18k | €18k | €41k | €14k | €8k | ▼ 42.4% |
| Remuneration and social security454/9 | €14 | €2k | - | €2k | - | - |
| Other amounts payable47/48 | €21k | €22k | €226k | €246k | €292k | ▲ 18.7% |
| Accrued charges and deferred income492/3 | - | €3k | €324 | - | €3k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63k | €59k | €115k | €80k | €45k | ▼ 44.0% |
| + Depreciation and write-downs630 | €9 | €469 | €815 | €815 | €1k | ▲ 65.3% |
| Operating cash flow (approximation) | €63k | €59k | €116k | €81k | €46k | ▼ 42.9% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €0 | €-10k | - |
| Change in cash | - | €41k | €50k | €4k | €26k | ▲ 574% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €115k ▲96.6%
Operating result €145k, net result €115k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Equity above €150kEq €156k ▲60.1%
3 profitable years in a row build equity to €156k.
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Sint-Joost-ten-Node · 1 establishment unit since 2020
Ground area
3,463 m²
Building footprint
415 m²
Volume, LiDAR
3,028 m³
Parcel 21014A0143/00K000, Brussels · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
muRisQ
since 20202.302.718.335
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0143/00K000 | Brussels | 3,463 m² | 1 · 415 m² | 12.1 m · 3 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.
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Of 11,670 companies in sector 85599 we hold annual accounts for 1,330. 565 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
85599Other education
58290Other software publishing
85592Vocational training
Scores and ratios are computed by Checked and are not a credit decision.