Financials
- Fiscal year
- 2024
- Total assets
- €61,461
- Loss
- -€15,888
- Solvency
- -132.8%
Total assets▲ 5.9%
Net result
20182024
MUSIB
ActiveSummary
The computed 12-month bankruptcy probability of MUSIB is 3.0% (moderate). The 2024 annual accounts show negative equity (-€81,650) and a net result of -€15,888. Equity is shrinking by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 8% of 26034 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47112
2 sites
Size
€61,461total assets 2024
- Equity
- -€81,650
- Loss
- -€15,888
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 10 deeds read
Why 48- 1 financial year not filed after the legal deadline; 2 of the last 3 late- Loss of €15,888 (FY 2024)+ Founded in 2011+ Size: total assets €61,461Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 11% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -132.8% of total assets
Liquidity
17-18
short-term debt 232.8% · cash 13.4%
Profitability
0-100
return on assets -25.9%
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 18 months
05-2025: 11.5%
06-2025: 11.5%● 0.0% vs 05-2025
07-2025: 12.5%▲ +8.3% vs 06-2025highest value
08-2025: 2.7%▼ -78.6% vs 07-2025
09-2025: 2.7%● 0.0% vs 08-2025
10-2025: 2.7%● 0.0% vs 09-2025
11-2025: 2.7%● 0.0% vs 10-2025
12-2025: 2.7%● 0.0% vs 11-2025
01-2026: 2.6%▼ -0.9% vs 12-2025
02-2026: 2.6%● 0.0% vs 01-2026
03-2026: 2.6%▼ -3.3% vs 02-2026
04-2026: 2.5%▼ -0.3% vs 03-2026
05-2026: 2.5%▼ -1.7% vs 04-2026
06-2026: 2.4%▼ -2.7% vs 05-2026lowest value
07-2026: 2.5%▲ +0.9% vs 06-2026
08-2026: 3.0%▲ +22.4% vs 07-2026
09-2026: 2.9%▼ -3.4% vs 08-2026
10-2026: 3.0%▲ +4.3% vs 09-2026
- Founded in 2011 lowers the probability for this profile
- Size: total assets €61,461 lowers the probability for this profile
- 1 financial year not filed after the legal deadline; 2 of the last 3 late raises the probability
- Loss of €15,888 (FY 2024) raises the probability
No credit on open account
Liquidity short (current ratio 0.37 against 0.4 in 2023; short-term debt: 232.8% and cash: 13.4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 6%, liquidity 15%, profitability 6%, growth against the median 18%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€81,650
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 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
348 d late
2022
324 d late
2021
662 d late
2020
1012 d late
2019
1377 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 618 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Judicial dissolution, liquidator appointedOndernemingsrechtbank Antwerpen, afdeling Antwerpen ·…
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€81,650 View
- Caution: From profit to loss in 2024after €133,974 in 2023 -€15,888 View
- Caution: Among the weakest 6% on equitysector median €38,742 · 26,093 companies -€81,650 View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
By topic
Timeline
- Events
- 14
- Since
- 2015
- 14-07-2025Annual accounts filed
- 14-07-2025Annual accounts filed
- 23-06-2025Judicial dissolution, liquidator appointed
Company details
- Sites
- 2
- Legal form
- Private limited company (pre-2019)
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 16-12-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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