Skip to content

MUTA ENTERPRISE NETWORK

Active
Private limited companyfounded 20242 yrs activeHolleweggaarde 6, 1030 Schaarbeek, BelgiumKBO/BCE: BE 1004.909.706
Summary

The computed 12-month bankruptcy probability of MUTA ENTERPRISE NETWORK is 7.7% (elevated). The 2024 annual accounts show negative equity (-€11,403) and a net result of -€13,553. Its solvency ranks better than 7% of 15869 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
7.7% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02; short-term debt: 263.4% and cash: 2.5% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk
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 2024
Solvency, return and age of the figures
Solvency
-163.4%
Return on assets
-194.2%
Age of the figures
21 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-12-2025, 148 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
148 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 148 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 January 2024, MUTA ENTERPRISE NETWORK was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€10,880
EBIT margin
-124.3%
Net result
-€13,553
Working capital
-€18,069

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €6,977
Fixed assets €6,667
Current assets €310
Key figures and ratios
2024 value
EBITDA
-€10,190
Cash flow
-€10,219
Solvency
-163.4%
Current ratio
0.02
Debt to equity
-1.61
ROA
-194.2%
Interest coverage
-347.78
Debt
€18,379
Debt ≤ 1 year
€18,379
Staff costs
€9,047

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 7.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€6,977
Fixed assets21/28€6,667
Tangible fixed assets22/27€6,667
Furniture and vehicles24€6,667
Current assets29/58€310
Amounts receivable within one year40/41€134
Other amounts receivable41€134
Cash at bank and in hand54/58€176
Equity and liabilities
Total equity and liabilities10/49€6,977
Equity10/15-€11,403
Contributions10/11€2,150
Profit (loss) carried forward14-€13,553
Amounts payable17/49€18,379
Amounts payable within one year42/48€18,379
Trade debts44€2,379
Suppliers440/4€2,379
Taxes, remuneration and social security45€6,000
Taxes450/3€0
Remuneration and social security454/9€6,000
Other amounts payable47/48€10,000
Income statement Code2024
Turnover70€10,880
Goods, raw materials, services and sundry goods60/61€11,681
Remuneration, social security and pensions62€9,047
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,333
Other operating charges640/8€402
Gross operating margin9900-€741
Operating profit (loss)9901-€13,523
Financial charges65/66B€29
Recurring financial charges65€29
Profit (loss) for the period before taxes9903-€13,553
Profit (loss) for the period9904-€13,553
Profit (loss) for the period to be appropriated9905-€13,553
Appropriation of the result
Profit (loss) to be appropriated9906-€13,553

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€10,880
Goods, raw materials, services and sundry goods60/61€11,681
Remuneration, social security and pensions62€9,047
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,333
Other operating charges640/8€402
Gross operating margin9900-€741
Operating profit (loss)9901-€13,523
Financial charges65/66B€29
Recurring financial charges65€29
Profit (loss) for the period before taxes9903-€13,553
Profit (loss) for the period9904-€13,553
Profit (loss) for the period to be appropriated9905-€13,553
Line2024
Assets
Total assets20/58€6,977
Fixed assets21/28€6,667
Tangible fixed assets22/27€6,667
Furniture and vehicles24€6,667
Current assets29/58€310
Amounts receivable within one year40/41€134
Other amounts receivable41€134
Cash at bank and in hand54/58€176
Equity and liabilities
Total equity and liabilities10/49€6,977
Equity10/15-€11,403
Contributions10/11€2,150
Profit (loss) carried forward14-€13,553
Amounts payable17/49€18,379
Amounts payable within one year42/48€18,379
Trade debts44€2,379
Suppliers440/4€2,379
Taxes, remuneration and social security45€6,000
Taxes450/3€0
Remuneration and social security454/9€6,000
Other amounts payable47/48€10,000
Line2024
Profit (loss) for the period9904-€13,553
+ Depreciation and write-downs630€3,333
Operating cash flow (approximation)-€10,219

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
26-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 148 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
5,904 m²
Building footprint
946 m²
Volume, LiDAR
21,256 m³
Parcel 21903B0148/00F000, Brussels · tallest building 25.7 m, ±7 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
MUTA ENTERPRISE NETWORK
Holleweggaarde 6, 1030 SchaarbeekNACE 45112
since 20242.355.573.932
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21903B0148/00F000 Brussels 5,903 m² 1 · 946 m² 25.7 m · 7 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,146 companies in sector 46190 we hold annual accounts for 2,577. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-01-2024
Fiscal year end31-12
Abbreviation FR MEN
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46341Wholesale of wines and spirits
46349Wholesale of beverages, general range
47110Non-specialised retail sale with food, beverages or tobacco predominating
Contact
E-mail em.adm@mutaenterprisenetwork.beSchaarbeek
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004909706
Also 9925:BE1004909706
Registered 15-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.