Financials
- Fiscal year
- 2024
- Total assets
- €2.1m
- Profit
- €200,432
- Solvency
- 46.9%
Total assets▼ 8.3%
Net result
20182024
MUSINT
ActiveSummary
MUSINT has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €972,368 and a net result of €200,432. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 52% of 2293 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Activity
Other business support services
NACE 82990NACE 74879
1 site
Size
€2.1mtotal assets 2024
- Equity
- €972,368
- Profit
- €200,432
Net result +125%: other schema
Structure
Accounts 64 d overdue0 of 13 deeds read
Why 84- Figures for FY 2024 (filed 05-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 72 days late; 3 of the last 3 late- Liquidity: current ratio 2.86, cash €75,313, halved+ Founded in 1998Show the evidence
Checked score
Score 2024
84
/ 100
Excellent
Probability in this band: under 0.55%
Better than 63% of its sector peers (NACE 82, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
72+13
equity 46.9% of total assets
Liquidity
48-10
short-term debt 20.9% · cash 3.6%
Profitability
81+7
return on assets 9.7%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● 0.0% vs 11-2024
01-2025: 0.1%▼ -0.8% vs 12-2024lowest value
02-2025: 0.1%▲ +2.3% vs 01-2025
03-2025: 0.1%▲ +3.0% vs 02-2025
04-2025: 0.1%▼ -2.9% vs 03-2025
05-2025: 0.1%▲ +9.1% vs 04-2025
06-2025: 0.1%▼ -2.8% vs 05-2025
07-2025: 0.2%▲ +32.9% vs 06-2025
08-2025: 0.3%▲ +55.9% vs 07-2025
09-2025: 0.3%▲ +3.4% vs 08-2025
10-2025: 0.4%▲ +19.7% vs 09-2025
11-2025: 0.2%▼ -48.2% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%▼ -0.5% vs 12-2025
02-2026: 0.2%▲ +4.9% vs 01-2026
03-2026: 0.2%▼ -1.0% vs 02-2026
04-2026: 0.2%▼ -2.1% vs 03-2026
05-2026: 0.2%▲ +6.4% vs 04-2026
06-2026: 0.2%▼ -14.5% vs 05-2026
07-2026: 0.2%▲ +13.5% vs 06-2026
08-2026: 0.3%▲ +73.2% vs 07-2026
09-2026: 0.4%▲ +12.5% vs 08-2026
10-2026: 0.5%▲ +33.6% vs 09-2026highest value
- Figures for FY 2024 (filed 05-11-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 72 days late; 3 of the last 3 late raises the probability
- Founded in 1998 lowers the probability for this profile
- Liquidity: current ratio 2.86, cash €75,313, halved raises the probability
Credit up to €80,000 at 30 days acceptable
Liquidity ample (current ratio 2.86 against 3.85 in 2023; short-term debt: 20.9% and cash: 3.6% of total assets), but 53.1% of the assets are financed with debt.
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 82, small). Better than this share of them on solvency 55%, liquidity 41%, profitability 79%, growth against the median 79%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €972,368
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-10-2025, 72 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
72 d late
2023
62 d late
2022
121 d late
2021
31 d late
2020
31 d late
2019
82 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 67 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2024 · full…
- Highest result since 2018net €200,432 ▲125%
Key points
By topic
Timeline
- Events
- 12
- Since
- 2017
- 05-11-2025Annual accounts filed
- 11-10-2025Annual accounts filed
- 31-12-2024Highest result since 2018
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other business support servicesNACE 82990
- Founded
- 12-01-1998
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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