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Complete company report
Generated 09-07-2026
Active BE 0751.739.607Private limited company

MUSCO

Koolmijnlaan 56 ·3580 Beringen, Belgium· 5 yrs active
Sector: Food & beverage service (56111)
Conclusion Checked

The computed 12-month bankruptcy probability of MUSCO is 6.8% (elevated). The 2024 annual accounts show equity of €71k and a net result of €100k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €71k
Net result €100k
Staff (FTE) 0.5
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health72Profitability100Solvency59Growth85Stability94
82 / 100

Exceptional profile, strong across almost every axis.

Health 72
Profitability 100
Solvency 59
Growth 85
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
6.8% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
72 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 29-09-2025 with the NBB · fiscal year 2024 · micro
€0€200k€400kRevenue 2022: €197k€197kOperating result 2022: €2k€2kNet result 2022: €2k€2kRevenue 2024: €494k€494kOperating result 2024: €102k€102kNet result 2024: €100k€100k20222024
RevenueOperating resultNet result
Revenue
€494k
+151.3% 22-24
EBITDA
€130k
+4052.0% 22-24
Net profit
€100k
+5923.8% 22-24
Cash flow
€128k
+4578.7% 22-24
Total assets
€152k
+245.3% 22-24
Equity
€71k
+328.9% 22-24
Working capital
€-63k
- 22-24
Employees (FTE)
1
- 22-24
Staff costs
€24k
+1052.8% 22-24
Debt
€81k
+194.7% 22-24
Debt ≤ 1y
€81k
+550.2% 22-24
Current ratio
0.22
-93.7% 22-24
Quick ratio
0.22
-93.7% 22-24
Solvency
46.8%
+24.2% 22-24
Debt / equity
1.14
-31.3% 22-24
ROE
140.6%
+1304.5% 22-24
ROA
65.8%
+1644.6% 22-24
Net margin
20.3%
+2296.6% 22-24
EBITDA margin
26.3%
+1551.9% 22-24
Interest coverage
72.74
+807.1% 22-24
Figures by fiscal year
Fiscal year2024
Revenue€494k
EBITDA€130k
Net profit€100k
Cash flow€128k
Staff costs€24k
Income taxes-
Dividends-
Total assets€152k
Equity€71k
Debt€81k
of which ≤ 1y€81k
of which > 1y-
Working capital€-63k
Employees (FTE)0.5
Ratios (computed)
2024
Current ratio0.22
Quick ratio0.22
Working capital ratio-41.4%
Solvency46.8%
Debt / equity1.14
Long-term debt ratio-
Interest coverage72.74
Gross margin32.0%
Net margin20.3%
ROA65.8%
ROE140.6%
EBITDA margin26.3%
Days sales outstanding10d
Days payable outstanding2d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€152k
Fixed assets 21/28€134k
Tangible fixed assets 22/27€127k
Financial fixed assets 28€8k
Current assets 29/58€18k
Amounts receivable within one year 40/41€13k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€152k
Equity 10/15€71k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€69k
Amounts payable 17/49€81k
Amounts payable within one year 42/48€81k
Trade debts payable within one year 44€2k
Income statement
Turnover 70€494k
Gross operating margin 9900€158k
Operating result 9901€102k
Financial income 75€11
Financial charges 65€2k
Result before taxes 9903€100k
Net result for the period 9904€100k
Result to be appropriated 9905€100k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Food & beverage service(56111)
Legal form Private limited company(610)
Incorporation03-08-2020
StatusActive
Postal code3580
Establishment units 4 locations
Musco
Koolmijnlaan 54, 3580 BeringenAlgemene bouwinstallatie
since 20202.308.493.892
Koolmijnlaan 56, 3580 Beringen
Eetgelegenheden met beperkte bediening
since 20232.348.018.424
Koolmijnlaan 145, 3550 Heusden-Zolder
Café-restaurants (tavernen)
since 20242.358.410.785
Zuidstraat 9, 3581 Beringen
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
since 20242.358.628.640
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71005C0952/00T000 Flanders 2,577 m² 1 · 427 m² 7.8 m · 1 fl.
71004A0190/00R003 Flanders 755 m² 1 · 627 m² 7.2 m · 2 fl.
71025A1039/00P002 Flanders 388 m² 1 · 335 m² 9.7 m · 1 fl.
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
03-10-2025
State Gazette act Director changes
29-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
02-12-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
31-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
01-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 9 months ago
2025
03-10-2025 2 directors appointed Director changes
  • Rukiye Erzurumlu, Bestuurder
  • Aykum Mustafa, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Rukiye Erzurumlu",
        "address": "Koolmijnlaan 54 bus 1- 3580",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-09-25",
      "evidence_quote": "Er is besloten om mevrouw Rukiye Erzurumlu wonende te Koolmijnlaan 54 bus 1- 3580 met onmiddellijke",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Aykum Mustafa",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-09-25",
      "evidence_quote": "Mustafa Aykum: 50% van de aandelen",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2025-10-03",
    "filing_date": "2025-09-25",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2025-07-01",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0751.739.607",
    "name_full": "MUSCO",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": null,
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111Groothandel in farmaceutische en medische artikelen46460
Primary activity highlighted.
Names & trade names
Legal nameNL MUSCO
Registered office
Koolmijnlaan 56
3580 Beringen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative