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MUSEA

Active
Private limited companyfounded 20251 yr activeBoondaalse Steenweg 316, 1050 Elsene, BelgiumKBO/BCE: BE 1020.961.424
Summary

MUSEA has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87,826 and a net result of €85,826. Its solvency ranks better than 84% of 7081 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity ample (current ratio 6.63; short-term debt: 13% and cash: 82.8% of total assets), and 13% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
87%
Return on assets
85%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
21 d late
← before the deadline after the deadline →
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

MUSEA was incorporated on 12 March 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€87,826
Total assets
€101,002
Net result
€85,826
Working capital
€73,975

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €101,002
Fixed assets €13,880
Current assets €87,122
Equity and liabilities €101,002
Equity €87,826
Debt €13,175
Debt finances 13.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€111,844
Cash flow
€88,736
Current ratio
6.63
Debt to equity
0.15
ROE
97.7%
ROA
85.0%
Interest coverage
331.53
Debt ≤ 1 year
€13,147
Income taxes
€22,771

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€101,002
Fixed assets21/28€13,880
Tangible fixed assets22/27€13,880
Furniture and vehicles24€13,880
Current assets29/58€87,122
Amounts receivable within one year40/41€3,449
Other amounts receivable41€3,449
Cash at bank and in hand54/58€83,673
Equity and liabilities
Total equity and liabilities10/49€101,002
Equity10/15€87,826
Contributions10/11€2,000
Profit (loss) carried forward14€85,826
Amounts payable17/49€13,175
Amounts payable within one year42/48€13,147
Trade debts44€3,342
Suppliers440/4€3,342
Taxes, remuneration and social security45€271
Taxes450/3€271
Other amounts payable47/48€9,533
Accrued charges and deferred income492/3€28
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,909
Gross operating margin9900€111,844
Operating profit (loss)9901€108,935
Financial charges65/66B€337
Recurring financial charges65€337
Profit (loss) for the period before taxes9903€108,598
Income taxes67/77€22,771
Profit (loss) for the period9904€85,826
Profit (loss) for the period to be appropriated9905€85,826
Appropriation of the result
Profit (loss) to be appropriated9906€85,826

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,909
Gross operating margin9900€111,844
Operating profit (loss)9901€108,935
Financial charges65/66B€337
Recurring financial charges65€337
Profit (loss) for the period before taxes9903€108,598
Income taxes67/77€22,771
Profit (loss) for the period9904€85,826
Profit (loss) for the period to be appropriated9905€85,826
Line2025
Assets
Total assets20/58€101,002
Fixed assets21/28€13,880
Tangible fixed assets22/27€13,880
Furniture and vehicles24€13,880
Current assets29/58€87,122
Amounts receivable within one year40/41€3,449
Other amounts receivable41€3,449
Cash at bank and in hand54/58€83,673
Equity and liabilities
Total equity and liabilities10/49€101,002
Equity10/15€87,826
Contributions10/11€2,000
Profit (loss) carried forward14€85,826
Amounts payable17/49€13,175
Amounts payable within one year42/48€13,147
Trade debts44€3,342
Suppliers440/4€3,342
Taxes, remuneration and social security45€271
Taxes450/3€271
Other amounts payable47/48€9,533
Accrued charges and deferred income492/3€28
Line2025
Profit (loss) for the period9904€85,826
+ Depreciation and write-downs630€2,909
Operating cash flow (approximation)€88,736

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

2026
21-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Elsene · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
299 m²
Building footprint
230 m²
Volume, LiDAR
2,591 m³
Parcel 21445C0234/00L034, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
MUSEA
Boondaalse Steenweg 316, 1050 ElseneAdvertising agencies
since 20252.371.274.866
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21445C0234/00L034 Brussels 299 m² 1 · 230 m² 18.2 m · 5 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.

Similar companies · same sector, comparable size

Of 9,864 companies in sector 73110 we hold annual accounts for 3,752. 3,027 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
70200Business and other management consultancy
73300Public relations and communication consultancy
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1020961424
Registered 02-12-2025

Register as of 27 September 2026 · Peppol Directory

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