Financials
- Fiscal year
- 2021
- Total assets
- €45
- Loss
- -€923
- Solvency
- -3868.9%
Turnover▼ 95.3%
Net result
20182020
MUST STYLE
ActiveSummary
The computed 12-month bankruptcy probability of MUST STYLE is 12.3% (high). For MUST STYLE, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€1,741) and a net result of -€923. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2001 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Activity not known1 site
Size
€45total assets 2021
- Equity
- -€1,741
- Loss
- -€923
Financial health
- Bankruptcy chance 12 m
- 12.3%
2021 figures too old to score
Structure
Accounts 1163 d overdue
Signals- Figures for FY 2021 (filed 05-08-2022)- Ex-officio strike-off in the KBO- 3 financial years not filed after the legal deadline; latest accounts 1 days late; 2 of the last 3 late- Two or more financial years not filed- Administrative warnings in the KBO publications+ Size: total assets €45Filed after the deadlineShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Weak
Solvency
0=
equity -3868.9% of total assets
Liquidity
50=
short-term debt 3968.9% · cash 77.8%
Profitability
0=
return on assets -2051.1%
Bankruptcy probability, 12 months
12.3%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.0%
12-2024: 7.0%● 0.0% vs 11-2024
01-2025: 7.0%● 0.0% vs 12-2024
02-2025: 7.0%● 0.0% vs 01-2025
03-2025: 7.0%● 0.0% vs 02-2025
04-2025: 7.0%● 0.0% vs 03-2025
05-2025: 7.0%● 0.0% vs 04-2025
06-2025: 7.0%● 0.0% vs 05-2025
07-2025: 7.0%● 0.0% vs 06-2025
08-2025: 6.6%▼ -6.2% vs 07-2025lowest value
09-2025: 6.6%● 0.0% vs 08-2025lowest value
10-2025: 6.7%▲ +0.9% vs 09-2025
11-2025: 6.7%● 0.0% vs 10-2025
12-2025: 6.7%● 0.0% vs 11-2025
01-2026: 6.7%● 0.0% vs 12-2025
02-2026: 6.7%● 0.0% vs 01-2026
03-2026: 6.7%● 0.0% vs 02-2026
04-2026: 6.8%▲ +1.7% vs 03-2026
05-2026: 6.8%● 0.0% vs 04-2026
06-2026: 6.8%● 0.0% vs 05-2026
07-2026: 6.9%▲ +1.9% vs 06-2026
08-2026: 6.9%● 0.0% vs 07-2026
09-2026: 12.3%▲ +78.5% vs 08-2026highest value
10-2026: 12.3%● 0.0% vs 09-2026highest value
- Figures for FY 2021 (filed 05-08-2022) raises the probability
- Ex-officio strike-off in the KBO raises the probability
- Size: total assets €45 lowers the probability for this profile
- 3 financial years not filed after the legal deadline; latest accounts 1 days late; 2 of the last 3 late raises the probability
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline06-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 01-08-2022, 1 day 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
1 d late
2020
65 d late
2019
75 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 47 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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
Late accounts filing
- Late accounts filingevent 18-08-2026
- Annual accounts filedfiscal year 2021 · micro…
- Annual accounts filedfiscal year 2020 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2009
- 28-08-2026Late accounts filing
- 01-08-2022Annual accounts filed
- 04-10-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 07-05-2001
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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