Financials
- Financial year
- 2025
- Turnover
- €15,432
- Loss
- -€3,780
- Solvency
- 75.8%
Turnover▲ 5.3%
Net result
20182025
MUSH
ActiveSummary
MUSH has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59,119 and a net result of -€3,780. Equity is shrinking by about 4.9% per year across the filed financial years. Its solvency ranks better than 69% of 21,076 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Computer consultancy and computer facilities management
NACE 62200
Oldest company in the province of Luxembourg, Telecoms and IT sector1 site
Size
€15,432turnover 2025
- Equity
- €59,119
- Loss
- -€3,780
Why 94raises riskLoss of €3,780, the second in a row (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 0.69, cash €13,055Founded in 1988Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 62, micro)
Financial strength · tick = 2024
Strong
Solvency
100=
equity 75.8% of total assets
Liquidity
62+10
short-term debt 24.2% · cash 16.7%
Profitability
62+53
return on assets -4.8%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.69, compared with 0.21 in 2024, below 1; short-term debt: 24.2% and cash: 16.7% of total assets), and 24.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 85% on solvency, 45% on liquidity, 24% on profitability and 47% on growth.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3,780
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
26 days early
2023
13 days early
2022
4 days early
2021
4 days early
2020
25 days early
2019
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- DE GRAVE Jan CorneliusDirector
Timeline
- Events
- 26
- Since
- 1990
- Next accounts
- by 31-07-2027
- 23-01-2024Resignation: DE GRAVE Jan Cornelius (manager)
- 27-07-2023Annual accounts filed
- 27-07-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Cooperative company
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Founded
- 10-06-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 34
- Who signs
- Each director alone
- Annual meeting
- First Saturday of May at 14:00
- Purpose
- “Lafabrication,lecommerceetlalocationdetoustypesdecycles…” (deed in French)
Key facts about MUSH
- What is the company number of MUSH?
- 0434.786.068. In Belgium the VAT number is the company number with BE in front: BE 0434.786.068.
- Where is MUSH based?
- The registered office is at Bras-Bas,Rue du Patronage 45, 6800 Libramont-Chevigny.Company details
- What does MUSH do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of MUSH?
- Cooperative company (CV).
- When was MUSH founded?
- On 10-06-1988.
- Is MUSH still active?
- Yes, MUSH is an active enterprise in the KBO register.
- What is the turnover of MUSH?
- €15,432 in financial year 2025, according to the filed annual accounts.Financials
- Is MUSH profitable?
- In financial year 2025, MUSH made a loss of €3,780.
- Where can I find the annual accounts of MUSH?
- MUSH filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MUSH due?
- By 31-07-2027, for financial year 2026.Timeline
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