MUS'ARTE
ActiveSummary
MUS'ARTE has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,600 and a net result of €28,443. Equity has been stable since 2018 (±0.6% per year). Its solvency ranks better than 66% of 784 sector peers (NACE 32, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Official details
Source: KBO- Status
- Active since 23-12-1998 Normal situation
- Activity
- Other manufacturing NACE 32200and 2 others
- Establishment unit
- 2.089.752.954 1000 Brussel, since 23-12-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €31,067
- ▲ 443%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €28,443
- ▲ 390%
- Equity
- €50,600
- ▲ 128%
- Total assets
- €86,455
- ▲ 54.9%
Score breakdownraises risk1 change of registered office in 24 monthsSize: total assets €86,4551 of the last 3 accounts latelowers riskLiquidity: current ratio 2.71, cash €16,112Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 65% of them on solvency, 56% on liquidity, 93% on profitability and 95% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 62 days after the deadline. In the sector (NACE 32), the median for financial year 2024 was 2 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 5th oldest company in Enghien, Manufacturing sectorin the Checked rankings No. 5 View
Recent changes
- · Gazette deed Registered office moved from Bruxelles to EnghienNew seat: Rue de Pennebecq, 37 - 7850 Enghien · Previous seat: Rue de la Violette, 42 - 1000 Bruxelles
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as MUS'ARTE: other manufacturing (NACE 32200). They are comparable in size and age: total assets between €104,000 and €180,000, founded between 1974 and 2012.
| Company | Total assets | Gross margin |
|---|---|---|
| MUS'ARTE Enghien | €86,455 | €31,067 |
| MOBILIS Liège | €122,226 | €61,827 |
| BOVY PIANOS Trooz | €151,089 | €50,054 |
| ANDRE THEUNIS - MAITRE LUTHIER Brussel | €103,850 | €12,564 |
| J. Verbeeck Brecht | €179,839 | €22,911 |
| PELS-D'HONDT ORGELBOUW Herselt | €162,778 | €16,146 |
| Fonorack Maasmechelen | €169,433 | €19,770 |
Key facts about MUS'ARTE
- What is the company number of MUS'ARTE?
- The company number of MUS'ARTE is 0464.793.019. The VAT number is the same number with BE in front: BE 0464.793.019.
- Where is MUS'ARTE based?
- The registered office is at Pennebecqstraat(E) 37, 7850 Enghien.Company details
- What does MUS'ARTE do?
- According to the KBO register, the main activity is other manufacturing (NACE 32200).
- What is the legal form of MUS'ARTE?
- The legal form of MUS'ARTE is Private limited company (pre-2019) (BVBA).
- When was MUS'ARTE founded?
- MUS'ARTE was founded on 23-12-1998.
- Is MUS'ARTE still active?
- Yes, MUS'ARTE is an active enterprise in the KBO register.
- What is the turnover of MUS'ARTE?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €31,067 and 2,954 comparable companies of the same size. It probably lies between €75,000 and €220,000. It is a rough estimate.Financials
- Is MUS'ARTE profitable?
- In financial year 2025, MUS'ARTE made a profit of €28,443.
- Where can I find the annual accounts of MUS'ARTE?
- MUS'ARTE filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MUS'ARTE due?
- MUS'ARTE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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