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MUSA

Active
Private limited companyfounded 200620 yrs activeKouterstraat 2, 9240 Zele, BelgiumKBO/BCE: BE 0882.762.851
Summary

The computed 12-month bankruptcy probability of MUSA is 1.9% (moderate). The latest annual accounts of MUSA were filed more than 90 days after the deadline. The 2024 annual accounts show negative equity (-€4,061). Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Filing: Filed more than 90 days late
Axes · tick = 2023
Profitability-
Solvency0=
Growth55=
Track record100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Age of the figures
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-11-2025, 116 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2024
116 d late
2023
61 d late
2022
28 d late
2021
86 d late
2020
4 d late
2019
60 d late
2018
21 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 54 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MUSA was incorporated on 28 July 2006.1 Total assets went from EUR 3,124 in 2019 to EUR 3,124 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€0
2020 · €0
Total assets
€3,124=
2023 · €3,124
Net result
€0
2022 · €0
Working capital
-€6,361=
2023 · -€6,361
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€0€0
Operating result€0€0€0€0
Net result€0€0€0€0
Equity-€4,061=-€4,061=-€4,061=-€4,061=-€4,061=
Total assets€3,124=€3,124=€3,124=€3,124=€3,124=
Debt€7,185=€7,185=€7,185=€7,185=€7,185=
Working capital-€6,361=-€6,361=-€6,361=-€6,361=-€6,361=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€0€1€1€1Operating result 2020: €0€0Net result 2020: €0€0Operating result 2021: €0€0Net result 2021: €0€0Operating result 2022: €0€0Net result 2022: €0€0Operating result 2023: €0€0Net result 2023: €0€020202021202220232024€0€0€1€1€1Operating result 2022: €0€0Net result 2022: €0€0Operating result 2023: €0€0Net result 2023: €0€0202220232024
The operating result stays at €0 in 2023, level with 2022.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3,124
Fixed assets €2,300 =
Current assets €824 =
Equity and liabilities
Equity-€4,061
Debt€7,185
Equity is negative: debt (€7,185) exceeds the balance-sheet total (€3,124).
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€7,185=
2023 · €7,185
Ratios withheld: a balance sheet total of €3,124 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€3,124€3,124=
Fixed assets21/28€2,300€2,300=
Financial fixed assets28€2,300€2,300=
Current assets29/58€824€824=
Amounts receivable within one year40/41€817€817=
Other amounts receivable41€817€817=
Deferred charges and accrued income490/1€7€7=
Equity and liabilities
Total equity and liabilities10/49€3,124€3,124=
Equity10/15-€4,061-€4,061=
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€22,661-€22,661=
Amounts payable17/49€7,185€7,185=
Amounts payable within one year42/48€7,185€7,185=
Trade debts44€2,476€2,476=
Suppliers440/4€2,476€2,476=
Taxes, remuneration and social security45€265€265=
Taxes450/3€265€265=
Other amounts payable47/48€4,444€4,444=
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61€0-
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Gross operating margin9900€0-
Operating profit (loss)9901€0-
Profit (loss) for the period before taxes9903€0-
Profit (loss) for the period9904€0-
Profit (loss) for the period to be appropriated9905€0-
Appropriation of the result
Profit (loss) to be appropriated9906-€22,661-€22,661=
Profit (loss) brought forward from the previous period14P-€22,661-€22,661=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€0€0----
Goods, raw materials, services and sundry goods60/61--€0€0--
Remuneration, social security and pensions62--€0€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€0€0€0--
Gross operating margin9900€0€0€0€0--
Operating profit (loss)9901€0€0€0€0--
Profit (loss) for the period before taxes9903€0€0€0€0--
Profit (loss) for the period9904€0€0€0€0--
Profit (loss) for the period to be appropriated9905€0€0€0€0--
Line20202021202220232024Change
Assets
Total assets20/58€3,124€3,124€3,124€3,124€3,124=
Fixed assets21/28€2,300€2,300€2,300€2,300€2,300=
Tangible fixed assets22/27€0€0----
Financial fixed assets28€2,300€2,300€2,300€2,300€2,300=
Current assets29/58€824€824€824€824€824=
Amounts receivable within one year40/41€817€817€817€817€817=
Other amounts receivable41--€817€817€817=
Cash at bank and in hand54/58€7€7----
Deferred charges and accrued income490/1--€7€7€7=
Equity and liabilities
Total equity and liabilities10/49€3,124€3,124€3,124€3,124€3,124=
Equity10/15-€4,061-€4,061-€4,061-€4,061-€4,061=
Contributions10/11€18,600-€18,600€18,600€18,600=
Profit (loss) carried forward14-€22,661-€22,661-€22,661-€22,661-€22,661=
Amounts payable17/49€7,185€7,185€7,185€7,185€7,185=
Amounts payable within one year42/48€7,185€7,185€7,185€7,185€7,185=
Trade debts44€2,476€2,476€2,476€2,476€2,476=
Suppliers440/4--€2,476€2,476€2,476=
Taxes, remuneration and social security45--€265€265€265=
Taxes450/3--€265€265€265=
Other amounts payable47/48--€4,444€4,444€4,444=
Line20202021202220232024Change
Profit (loss) for the period9904€0€0€0€0--
+ Depreciation and write-downs630€0€0€0€0--
Operating cash flow (approximation)€0€0€0€0--
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€0----

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
24-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 116 days late
2023
31-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2022
28-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
25-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 86 days late
2020
04-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2019
30-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2018
21-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2017
20-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2016
30-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2015
27-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
NBB filing
0 of 5 acts read
About the unread acts

We know of 5 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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Zele · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
175 m²
Building footprint
168 m²
Volume, LiDAR
1,269 m³
Parcel 42402F0465/00W000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Alg.Voeding & Slagerij 'DAG'
Kouterstraat 2, 9240 ZeleNACE 5248802
since 20062.155.506.581
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42402F0465/00W000 Flanders 174 m² 1 · 168 m² 11.1 m · 2 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.

Company details

Identification
Legal formPrivate limited company
Founded28-07-2006
Fiscal year end31-12
Contact
Phone 0475/393063Zele
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.