2 directorsHidden nameVisible after signing in and 1 other
Documentsfilings and deeds
13-11-202579 days before the deadline
2025micro format
Gross margin from €23,115 to €56,743Result from €17,321 to €43,011Equity from €20,321 to €63,331Debts from €35,949 to €17,456Cash from €23,398 to €64,067
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as MUSEforce has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,274 companies, not a prediction for MUSEforce. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007994504
Incorporation
Founding capital of €3,000, 100 shares · Founders: Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointments: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director) · published on 08-04-2024 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as MUSEforce: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €80,500 and €90,600, founded between 2023 and 2024.
MUSEforce has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,331 and a net result of €43,011.
Its solvency ranks better than 75% of 41,211 sector peers (NACE 70, financial year 2025).
micro format, filed on 13-11-2025, 79 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €87,000 and €150,000.
Balance sheet
balance sheet total €80,787 on 30-06-2025
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
56,444
22,463
45,171
17,894
0
19,344
40,669
-
46,720
2,434
78.4%
36.1%
3.68
1.07
0.28
1.77
67.9%
85.2%
53.2%
30.8%
over 100
over 100
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
30-06-2025
30-06-2024
Tangible fixed assets
-
€19,344
€2,160
€573
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on MUSEforce
The operating result for 2025 is 148% higher than in 2024.
Debt's share of the balance-sheet total falls from 63.9% to 21.6%. Equity is higher and debt is lower.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
Annual accounts 2025 filedPDFmicro format · 79 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007994504
Liquidity more than triplescurrent ratio 3.68 The current ratio rises from 1.07 to 3.68. Short-term debt falls from €35,064 to €17,456.
2024
Annual accounts 2024 filedPDFmicro format · 37 days before the deadline
IncorporationFounding capital of €3,000, 100 shares · Founders: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Appointments: Name hiddenVisible after signing in (director) and Hidden nameVisible after signing in (director) · published on 08-04-20247 points ▸
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Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
MUSEforce was incorporated on 4 April 2024 as a private limited company by two natural persons, with a starting capital of €3,000.12The board currently has 2 members, 2 of whom have served since 2024.3The company has filed 2 sets of annual accounts, the latest for financial year 2025.4
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
59203Motion picture, video and television programme production, sound recording and music publishing activities
74901Other professional, scientific and technical activities
79110Travel agency, tour operator and other reservation service and related activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verlenen van bijstand, advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van…”
16 activities
Het verlenen van bijstand, advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis.
Coaching van bedrijven op vlak van organisatiestructuur,teamontwikkeling en teambuilding;
Productie van culturele activiteiten,kunstmanifestaties en voorstellingen door artistieke ensembles;
Diensten verwant aan de scheppende en uitvoerende kunst;
Activiteiten van impresariaten en agenten,alsmede het onderbrengen van boeken,toneelstukken,kunstwerken,foto’s enz.bij uitgevers,producenten enz.;
Het organiseren van beurzen,evenementen,tentoonstellingen,demonstraties in alle sectoren;
De organisatie van studiereizen en culturele activiteiten in binnen-en buitenland;
Het geven van rondleidingen,voordrachten en lezingen;
Fondsenwerving voor non-profit instellingen;
De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met het voorgaande.Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt.Ter uitvoering van haar opdrachten en voor het waarnemen van bestuursmandaten kan de vennootschap zich laten vertegenwoordigen door haar bestuurder of elke andere derde vertegenwoordiger,die door de vennootschap worden afgevaardigd om op te treden in eigen naam doch voor rekening van de vennootschap.
Het beheer van vennootschappen,ongeacht hun voorwerp,en het waarnemen van alle bestuursopdrachten,het uitoefenen van opdrachten en functies,met inbegrip van mandaten van vereffenaar.
De organisatie van evenementen in de horeca en vrijetijdsbesteding in de meest ruime zin.
Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur.
Het verwerven en aanhouden van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening,en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
Het aanleggen,het oordeelkundig uitbouwen en beheren van een eigen onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,binnenhuisinrichting en decoratie verhuren en huren van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen of die betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten.
Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur-en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen.