Muschenzeel
ActiveMuschenzeel has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €348k and a net result of €4k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
short-term debt: 0% and cash: 99.3% of total assets, and 0% 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.
−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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
100%
Return on assets
1.2%
Age of the figures
9 mo
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 05-07-2026, 26 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
26 d early
2024
14 d early
2023
2 d early
2022
36 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€348k▲ 1.2%
2024 · €343k
2022: €172k
2023: €338k
2024: €343k
2022 → 2025
Total assets
€348k▼ 17.7%
2024 · €422k
2022: €258k
2023: €417k
2024: €422k
2022 → 2025
Net result
€4k▼ 22.1%
2024 · €5k
2022: €167k
2023: €166k
2024: €5k
2022 → 2025
Working capital
€347k▲ 1.3%
2024 · €342k
2022: €171k
2023: €337k
2024: €342k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€172k-€338k▲ 96.8%€343k▲ 1.5%€348k▲ 1.2%
Operating result€239k-€238k▼ 0.3%€-3k€-995▲ 68.4%
Net result€167k-€166k▼ 0.3%€5k▼ 96.9%€4k▼ 22.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €995 in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €348k
Fixed assets
€671▼ 36.1%
Current assets
€347k▼ 17.6%
Equity and liabilities €348k
Equity
€348k▲ 1.2%
Debt
€66▼ 99.9%
The debt ratio falls from 18.6% to 0.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-615▲
2024 · €-3k
Cash flow
€4k▼
2024 · €6k
Solvency
100.0%▲
2024 · 81.4%
Debt / equity
0.00▼
2024 · 0.23
ROE
1.2%▼
2024 · 1.5%
ROA
1.2%▼
2024 · 1.2%
Interest coverage
-3.96▲
2024 · -19.07
Debt
€66▼
2024 · €79k
Debt ≤ 1 year
€66▼
2024 · €79k
Income taxes
€2k▼
2024 · €2k
A ratio outside any meaningful range has been withheld (balance sheet total €348k, equity €348k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€422k€348k▼
Fixed assets21/28€1k€671▼
Tangible fixed assets22/27€1k€671▼
Furniture and vehicles24€1k€671▼
Current assets29/58€421k€347k▼
Amounts receivable within one year40/41€1k€2k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€420k€345k▼
Equity and liabilities
Total equity and liabilities10/49€422k€348k▼
Equity10/15€343k€348k▲
Contributions10/11€5k€5k=
Reserves13€338k€343k▲
Distributable reserves133€338k€343k▲
Amounts payable17/49€79k€66▼
Amounts payable within one year42/48€79k€66▼
Trade debts44€528€66▼
Suppliers440/4€528€66▼
Taxes, remuneration and social security45€71k-
Taxes450/3€71k-
Other amounts payable47/48€7k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€574€380▼
Other operating charges640/8€528€550▲
Gross operating margin9900€-2k€-66▲
Operating profit (loss)9901€-3k€-995▲
Financial income75/76B€10k€7k▼
Recurring financial income75€10k€7k▼
Financial charges65/66B€135€155▲
Recurring financial charges65€135€155▲
Profit (loss) for the period before taxes9903€7k€6k▼
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€4k▼
Transfer to equity691/2€5k€4k▼
To other reserves6921€5k€4k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €4k ▼22.1%
Net result drops to €4k, the lowest in the series.
31-12
Financial
Liquidity times 986current ratio 5280.16
Current ratio from 5.35 to 5280.16; short-term debt falls from €79k to €66.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €338k ▲96.8%
2 profitable years in a row build equity to €338k.
25-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Haaltert
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.
Windmolenstraat(HA) 249450 HaaltertGround area
1,441 m²
Building footprint
172 m²
Volume, LiDAR
1,278 m³
Parcel 41024A1543/00L000, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41024A1543/00L000 | Flanders | 1,441 m² | 1 · 172 m² | 12.0 m · 3 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.
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KLUFT
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R & D PROJECTS
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 37,274 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-11-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.