MUS
A bankruptcy procedure is open for MUS according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (€-13.78M) and a net result of €-209k.
| Equity | €-13.78M |
| Net result | €-209k |
| Staff (FTE) | 1 |
| Better than sector | 5% |
Fragile profile, watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -1649.9% | 30.5% | |
| Net result | €-209k | €41k | |
| Equity | €-13.78M | €510k | |
| Gross operating margin | €-162k | €110k | |
| Staff costs | €136k | €515k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-206k |
| Net profit | €-209k |
| Cash flow | €-207k |
| Staff costs | €136k |
| Income taxes | €12 |
| Dividends | - |
| Total assets | €835k |
| Equity | €-13.78M |
| Debt | €14.58M |
| of which ≤ 1y | €14.58M |
| of which > 1y | - |
| Working capital | €-13.76M |
| Employees (FTE) | 1.0 |
| 2023 | |
|---|---|
| Current ratio | 0.06 |
| Quick ratio | 0.05 |
| Working capital ratio | -1647.5% |
| Solvency | -1649.9% |
| Debt / equity | -1.06 |
| Long-term debt ratio | - |
| Interest coverage | -18.78 |
| Gross margin | - |
| Net margin | - |
| ROA | -25.0% |
| ROE | 1.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €835k |
| Fixed assets | 21/28 | €15k |
| Tangible fixed assets | 22/27 | €15k |
| Financial fixed assets | 28 | €288 |
| Current assets | 29/58 | €820k |
| Stocks & contracts in progress | 3 | €20k |
| Amounts receivable within one year | 40/41 | €746k |
| Cash & bank | 54/58 | €54k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €835k |
| Equity | 10/15 | €-13.78M |
| Contributions / capital | 10/11 | €10.48M |
| Accumulated profits (losses) | 14 | €-24.25M |
| Provisions & deferred taxes | 16 | €35k |
| Amounts payable | 17/49 | €14.58M |
| Amounts payable within one year | 42/48 | €14.58M |
| Trade debts payable within one year | 44 | €2.18M |
| Income statement | ||
| Gross operating margin | 9900 | €-162k |
| Operating result | 9901 | €-208k |
| Financial income | 75 | €10k |
| Financial charges | 65 | €11k |
| Result before taxes | 9903 | €-209k |
| Income taxes | 67/77 | €12 |
| Net result for the period | 9904 | €-209k |
| Result to be appropriated | 9905 | €-209k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MARC-ALAIN SPEIDEL CHAUSSEE DE LOUVAIN 523,
1380 LASNE |
23-01-2025 → present | Belgian State Gazette |
| NACE primary | Wholesale trade(46423) |
| Legal form | Public limited company(014) |
| Incorporation | 29-12-2009 |
| Status | Active |
| Postal code | - |
| First BS signal | 30-01-2025 |
| Latest BS signal | 30-01-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050C0039/00K000 | Wallonia | 10.1 ha | 1 · 113 m² | 14.1 m · 3 fl. |
| 25112N0017/00A002 | Wallonia | 1.7 ha | 1 · 1,071 m² | 14.7 m · 4 fl. |
| 25076A0848/00D000 | Wallonia | 676 m² | 1 · 199 m² | 18.6 m · 3 fl. |
| 21447B0309/00V012 | Brussels | 140 m² | 1 · 131 m² | 22.5 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-06-2023 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"name_change": {
"new": "",
"old": "",
"changed": false
},
"seat_change": {
"changed": false
},
"object_change": {
"changed": false
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "MUS"
},
"legal_form_change": {
"new": "",
"old": "Soci\u00E9t\u00E9 anonyme",
"changed": false
}
}13-06-2023 Registered office moved from La Hulpe to Wavre
- Rue François Dubois 2 à 1310 La Hulpe → 1300 Wavre, Collines de Wavre, avenue Pasteur 6H
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "1300 Wavre, Collines de Wavre, avenue Pasteur 6H",
"city": "Wavre",
"region": "waals_gewest",
"street": "avenue Pasteur",
"country": "BE",
"postcode": "1300",
"box_number": null,
"street_number": "6H",
"locality_suffix": null
},
"old_address": {
"raw": "Rue Fran\u00E7ois Dubois 2 \u00E0 1310 La Hulpe",
"city": "La Hulpe",
"region": "waals_gewest",
"street": "Rue Fran\u00E7ois Dubois",
"country": "BE",
"postcode": "1310",
"box_number": null,
"street_number": "2",
"locality_suffix": null
},
"effective_date": "2023-06-01",
"evidence_quote": "En date du 25 mai 2023, le conseil d\u0027administration de la S.A. MUS a approuv\u00E9 la d\u00E9cision de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9 au 1300 Wavre, Collines de Wavre, avenue Pasteur 6H, et ce, avec effet au 1er juin 2023.",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Rodolphe Horion",
"firm_city": null,
"firm_name": null,
"office_city": "La Hulpe",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2023-06-13",
"filing_date": "2023-05-31",
"act_kind_objet": "Objet de l\u0027acte: Transfert du si\u00E8ge social"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2023-05-25",
"unanimous": true
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "S.A. MUS",
"legal_form": "SA"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Rodolphe Horion",
"org_rep_person_name": null,
"person_role_at_subject": "Mandataire"
},
"co_filed_documents": [
"Extrait du proc\u00E8s-verbal du conseil d\u0027administration du 25 mai 2023"
]
}27-04-2023 1 director appointed, 1 resigning
- Chloé Cloetens, Gedelegeerd bestuurder
- Myriam Lechien, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administrateur-d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Chlo\u00E9 Cloetens",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "administrateur-d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Myriam Lechien",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "MUS"
}
}05-07-2022 Registered office moved within La Hulpe
- Avenue Reine Astrid, 92 - Bâtiment Nysdam 1310 La Hulpe → Rue François Dubois, 2, 1310 La Hulpe
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue Fran\u00E7ois Dubois, 2, 1310 La Hulpe",
"city": "La Hulpe",
"region": "waals_gewest",
"street": "Rue Fran\u00E7ois Dubois",
"country": "BE",
"postcode": "1310",
"box_number": null,
"street_number": "2",
"locality_suffix": null
},
"old_address": {
"raw": "Avenue Reine Astrid, 92 - B\u00E2timent Nysdam 1310 La Hulpe",
"city": "La Hulpe",
"region": "waals_gewest",
"street": "Avenue Reine Astrid",
"country": "BE",
"postcode": "1310",
"box_number": null,
"street_number": "92",
"locality_suffix": null
},
"effective_date": "2022-05-06",
"evidence_quote": "A l\u0027unanimit\u00E9 le conseil d\u00E9cide de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9, \u00E0 dater du 06/05/2022, \u00E0 l\u0027adresse suivante: Rue Fran\u00E7ois Dubois, 2, 1310 La Hulpe.",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Tribunal de l\u0027Entreprise du Brabant Wallon",
"firm_city": null,
"firm_name": null,
"office_city": "La Hulpe",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2022-07-05",
"filing_date": "2022-06-23",
"act_kind_objet": "Objet de l\u0027acte: Transfert du si\u00E8ge social"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2022-05-06",
"unanimous": true
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "MUS",
"legal_form": "SA"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0821.822.701",
"org_name": "TMA INTERNATIONAL SA",
"person_name": null,
"org_rep_person_name": "Jean-Christophe Cardon de Lichtbuer",
"person_role_at_subject": null
},
"co_filed_documents": [
"Proc\u00E8s-Verbal de la r\u00E9union du Conseil d\u0027Administration du 06/05/2022"
]
}05-01-2021 Capital increase of €11,000,000.00 to €21,475,712.33
- €10.475.712,33 → €21.475.712,33
- Inbreng in natura · Apport en nature
Technical details
{
"events": [
{
"kind": "capital_increase",
"after_eur": 21475712.33,
"delta_eur": 10999999.999999998,
"before_eur": 10475712.33,
"contribution_type": "natura"
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "MUS"
}
}17-07-2020 Chloé Cloetens appointed as director
- Chloé Cloetens, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Chlo\u00E9 Cloetens",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "MUS"
}
}10-06-2020 2 resigning
- Patrick François, Bestuurder
- Patrick François, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Patrick Fran\u00E7ois",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "administrateur-d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Patrick Fran\u00E7ois",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "Mus"
}
}14-05-2019 3 directors appointed
- Guy Ullens De Schooten, Bestuurder
- Myriam Lechien, Bestuurder
- Myriam Lechien, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Guy Ullens De Schooten",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Myriam Lechien",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Myriam Lechien",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "Mus"
}
}19-03-2019 2 resigning
- Guillaume LEHIDEUX, Administrateur, administrateur délégué
- Natacha Beaumont, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur, administrateur d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Guillaume LEHIDEUX",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Natacha Beaumont",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "Mus"
}
}12-01-2018 Capital increase of €19,906,020.77 to €26,245,712.33
- €6.339.691,56 → €26.245.712,33
- Inbreng in natura · Apport en nature
Technical details
{
"events": [
{
"kind": "other",
"after_eur": 26245712.33,
"delta_eur": 19906020.77,
"before_eur": 6339691.56,
"contribution_type": "natura"
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "MUS"
}
}01-12-2016 Guillaume LEHIDEUX appointed as managing director
- Guillaume LEHIDEUX, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administrateur d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Guillaume LEHIDEUX",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "Mus"
}
}16-02-2016 Registered office moved from Bruxelles to La Hulpe
- Place Georges Brugmann 22 A à 1050 Bruxelles → avenue Reine Astrid 92 à 1310 La Hulpe
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "avenue Reine Astrid 92 \u00E0 1310 La Hulpe",
"city": "La Hulpe",
"region": "waals_gewest",
"street": "avenue Reine Astrid",
"country": "BE",
"postcode": "1310",
"box_number": null,
"street_number": "92",
"locality_suffix": null
},
"old_address": {
"raw": "Place Georges Brugmann 22 A \u00E0 1050 Bruxelles",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Place Georges Brugmann",
"country": "BE",
"postcode": "1050",
"box_number": "A",
"street_number": "22",
"locality_suffix": null
},
"effective_date": "2015-01-07",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale prend connaissance et accepte \u00E0 l\u0027unanimit\u00E9 le transfert du si\u00E8ge social \u00E0 l\u0027avenue Reine Astrid 92 \u00E0 1310 La Hulpe.",
"region_changed": true,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Patrick FRANCOIS",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2016-02-16",
"filing_date": "2015-01-07",
"act_kind_objet": "Objet de l\u0027acte: Transfert du si\u00E8ge social"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2015-01-07",
"unanimous": true
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "Mus",
"legal_form": "SA"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Patrick FRANCOIS",
"org_rep_person_name": null,
"person_role_at_subject": "notaire instrumentant"
},
"co_filed_documents": [
"Extrait du proc\u00E8s-verbal de l\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 7 janvier 2015"
]
}01-12-2015 1 director appointed, 2 resigning
- Patrick FRANCOIS, Gedelegeerd bestuurder
- Hervé COULOMBEL, Bestuurder
- Hervé COULOMBEL, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Herv\u00E9 COULOMBEL",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "administrateur d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Herv\u00E9 COULOMBEL",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Patrick FRANCOIS",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "Mus"
}
}31-03-2015 Natacha Beaumont appointed as director
- Natacha Beaumont, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administratrice",
"person": {
"rrn": null,
"name": "Natacha Beaumont",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0821.822.701",
"name_full": "Mus"
}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MUS |
- 25-08-2025 Address struck