Mushu
ActiveThe computed 12-month bankruptcy probability of Mushu is 10.9% (high). The 2024 annual accounts show equity of €23k and a net result of €-23k. Its solvency ranks better than 39% of 18941 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-8
Solvency42▼-31
Growth32
Track record94
Bankruptcy probability, 12 months
10.9%
High
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.3 against 0.68 in 2023; short-term debt: 28.4% and cash: 8.5% of total assets), and 83.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
16.5%
Return on assets
-16.4%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2324
2023 to 2024 · latest year €-23k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
45 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€23k▼ 49.8%
2023 · €46k
2023: €46k
2023 → 2024
Total assets
€141k▲ 45.2%
2023 · €97k
2023: €97k
2023 → 2024
Net result
€-23k▼ 169%
2023 · €-9k
2023: €-9k
2023 → 2024
Working capital
€-28k▼ 184%
2023 · €-10k
2023: €-10k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€46k-€23k▼ 49.8%
Operating result€-8k-€-18k▼ 123%
Net result€-9k-€-23k▼ 169%
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 €18k in 2024 against €8k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €141k
Fixed assets
€129k▲ 69.9%
Current assets
€12k▼ 43.4%
Equity and liabilities €141k
Equity
€23k▼ 49.8%
Debt
€118k▲ 132%
The debt ratio rises from 52.2% to 83.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▲
2023 · €-7k
Cash flow
€-9k▼
2023 · €-7k
Solvency
16.5%▼
2023 · 47.8%
Current ratio
0.30▼
2023 · 0.68
Quick ratio
0.30▼
2023 · 0.68
Debt / equity
5.05▲
2023 · 1.09
ROE
-99.0%▼
2023 · -18.5%
ROA
-16.4%▼
2023 · -8.8%
Interest coverage
-0.88▲
2023 · -15.72
Debt
€118k▲
2023 · €51k
Debt ≤ 1 year
€40k▲
2023 · €31k
Debt > 1 year
€77k▲
2023 · €20k
Staff costs
€110k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€97k€141k▲
Fixed assets21/28€76k€129k▲
Intangible fixed assets21€34k€32k▼
Tangible fixed assets22/27€36k€91k▲
Furniture and vehicles24€5k€11k▲
Other tangible fixed assets26€31k€80k▲
Financial fixed assets28€6k€6k=
Current assets29/58€21k€12k▼
Amounts receivable within one year40/41€2k-
Other amounts receivable41€2k-
Cash at bank and in hand54/58€19k€12k▼
Equity and liabilities
Total equity and liabilities10/49€97k€141k▲
Equity10/15€46k€23k▼
Contributions10/11€55k€55k=
Outside capital11€55k€55k=
Other1109/19€55k€55k=
Profit (loss) carried forward14€-9k€-32k▼
Amounts payable17/49€51k€118k▲
Amounts payable after more than one year17€20k€77k▲
Financial debts170/4€20k€77k▲
Amounts payable within one year42/48€31k€40k▲
Current portion of amounts payable after more than one year42€12k-
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45-€23k
Taxes450/3-€7k
Remuneration and social security454/9-€16k
Other amounts payable47/48€7k€14k▲
Accrued charges and deferred income492/3-€240
Income statement
Code20232024
Remuneration, social security and pensions62-€110k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€14k▲
Other operating charges640/8-€1k
Gross operating margin9900€-7k€107k▲
Operating profit (loss)9901€-8k€-18k▼
Financial income75/76B-€29
Recurring financial income75-€29
Financial charges65/66B€423€5k▲
Recurring financial charges65€423€5k▲
Profit (loss) for the period before taxes9903€-9k€-23k▼
Profit (loss) for the period9904€-9k€-23k▼
Profit (loss) for the period to be appropriated9905€-9k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-32k▼
Profit (loss) brought forward from the previous period14P-€-9k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
25-08
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Director resignation · Director discharge7 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Director resignation · Director discharge7 facts ▸
- General meeting, 2026-06-12
- Director resignation, TERMINE Luca (Administrateur)
- Director discharge, TERMINE Luca
- Share transfer, TERMINE Luca → HOMSY Benjamin
- Registered-office move, Avenue AJ Slegers, 115, 1200 Woluwé-Saint-Lambert
- Director appointment, HOMSY Benjamin (Administrateur)
- Mandate compensation, HOMSY Benjamin
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
State Gazette actNBB filing
Directors · office · real estate
Directors
2 directors, no change since 2026
HOMSY Benjamin
CurrentDirector · since 12-06-2026
12-06-2026
HOMSY Benjamin: Appointed as Director
12-06-2026
TERMINE Luca: Resigned as Director
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 2023
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.
A.J. Slegerslaan 1151200 Sint-Lambrechts-WoluweGround area
251 m²
Building footprint
116 m²
Volume, LiDAR
1,153 m³
Parcel 21674C0299/00Z009, Brussels · tallest building 11.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Mushu
since 20232.350.347.018
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21674C0299/00Z009 | Brussels | 251 m² | 1 · 116 m² | 11.8 m · 4 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.
Structure & network
Capital and shareholders
Transfer of 150 shares from TERMINE Luca to HOMSY Benjamin
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Of 14,028 companies in sector 56301 we hold annual accounts for 4,893. 4,037 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-09-2023
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
46190Agents in non-specialised wholesale trade
47279Other retail sale of food
47299Retail trade
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.