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Mushu

Active
Private limited companyfounded 2023active for 3 yearsA.J. Slegerslaan 115, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0805.747.029
Summary

The computed 12-month bankruptcy probability of Mushu is 9.1% (elevated). The 2025 annual accounts show negative equity (-€11,809) and a net result of -€35,125. Equity has been shrinking by about 125% per year since 2023. Its solvency ranks better than 19% of 4,785 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 12-09-2023 Normal situation
Activity
Cafés and bars NACE 56301and 4 others
Establishment unit
2.350.347.018 1200 Sint-Lambrechts-Woluwe, since 12-09-2023
Financial year end
31 December
Peppol
Reachable since 02-06-2026

Board and ownership

Board

Financial position

30 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
9.1%
Annual accounts 2025
Gross margin
€37,156
▼ 65.3%
Turnover
≈ €160,000
estimated
Loss
€35,125
▲ 52.1%
Equity
-€11,809
Total assets
€125,724
▼ 10.8%
Staff
1 FTE
  • Negative equity on 31-12-2025
Filed on 30-06-2026, 31 days before the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Liquidity: current ratio 0.02, cash €47, halvedFounded in 20231 change of registered office in 24 monthsShow the evidence

Checked score

Score 2025
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 11% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 16-26
equity -9.4% of total assets
Liquidity 10-39
short-term debt 74.0% · cash 0.0%
Profitability 0=
return on assets -27.9%
Bankruptcy probability within 12 months
9.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 2.6%lowest value 01-2025: 2.7%▲ +0.1 percentage points vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 3.3%▲ +0.6 percentage points vs 03-2025 05-2025: 3.6%▲ +0.3 percentage points vs 04-2025 06-2025: 3.5%▼ -0.1 percentage points vs 05-2025 07-2025: 3.7%▲ +0.2 percentage points vs 06-2025 08-2025: 6.0%▲ +2.3 percentage points vs 07-2025 09-2025: 6.1%▲ +0.1 percentage points vs 08-2025 10-2025: 6.1%● unchanged vs 09-2025 11-2025: 6.1%● unchanged vs 10-2025 12-2025: 4.6%▼ -1.5 percentage points vs 11-2025 01-2026: 4.6%● unchanged vs 12-2025 02-2026: 4.6%● unchanged vs 01-2026 03-2026: 4.6%● unchanged vs 02-2026 04-2026: 4.7%▲ +0.1 percentage points vs 03-2026 05-2026: 4.9%▲ +0.2 percentage points vs 04-2026 06-2026: 4.8%▼ -0.1 percentage points vs 05-2026 07-2026: 5.1%▲ +0.3 percentage points vs 06-2026 08-2026: 4.8%▼ -0.3 percentage points vs 07-2026 09-2026: 7.7%▲ +2.9 percentage points vs 08-2026 10-2026: 9.1%▲ +1.4 percentage points vs 09-2026highest value 11-2026: 9.1%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.02 (0.3 in 2024), below 1. Short-term debt is 74% and cash 0% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 56, micro). It does better than 22% of them on solvency, 10% on liquidity, 8% on profitability and 5% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Liquidity: current ratio 0.02, cash €47, halved
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€11,809
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 30-06-2026, 31 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
31 days early
2024
31 days early
2023
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 36 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 30 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€11,809 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€35,125 View
  • Caution: Lower net result than 88% of companies in food and beverage servicesector median €10,390 · 4,780 companies -€35,125 View
  • Caution: A director leftlatest change 25-08-2026 · 1 in office 1 left View

Comparable companies

These companies have the same main activity as Mushu: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €114,000 and €137,000, founded between 2023 and 2024.

CompanyTotal assetsGross margin
Mushu Sint-Lambrechts-Woluwe€125,724€37,156
GEOJU Waregem€117,986€34,194
BAR KOTEE Antwerpen€136,736€39,481
Happiness Antwerpen€128,284€37,612
DEN TUUS Asse€127,021€43,821
Café Den Herberg Halle€115,834€42,694
VROEGER EN NU Maaseik€114,394€31,384
Full comparison

Key facts about Mushu

What is the company number of Mushu?
The company number of Mushu is 0805.747.029. The VAT number is the same number with BE in front: BE 0805.747.029.
Where is Mushu based?
The registered office is at A.J. Slegerslaan 115, 1200 Sint-Lambrechts-Woluwe.Company details
What does Mushu do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of Mushu?
The legal form of Mushu is Private limited company (BV).
When was Mushu founded?
Mushu was founded on 12-09-2023.
Is Mushu still active?
Yes, Mushu is an active enterprise in the KBO register.
How many employees does Mushu have?
Mushu had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Mushu?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €37,156 and 56 comparable companies (NACE 56301). It probably lies between €110,000 and €210,000.
Is Mushu profitable?
In financial year 2025, Mushu made a loss of €35,125.
Where can I find the annual accounts of Mushu?
Mushu filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Mushu due?
Mushu must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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