Mutant
Mutant has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €510k and a net result of €-190k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 516 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €510k |
| Net result | €-190k |
| Staff (FTE) | 24.4 |
| Better than sector | 30% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.8% | 46.0% | |
| Net result | €-190k | €55k | |
| Equity | €510k | €216k | |
| Gross operating margin | €1.62M | €98k | |
| Staff costs | €1.55M | €139k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €-84k | €492k | €211k | €-55k |
| Net profit | €-190k | €295k | €103k | €-92k |
| Cash flow | €-124k | €353k | €152k | €-66k |
| Staff costs | €1.55M | €1.39M | €1.08M | €896k |
| Income taxes | €2k | €135k | €38k | €1k |
| Dividends | - | - | - | - |
| Total assets | €2.05M | €1.80M | €1.98M | €1.05M |
| Equity | €510k | €700k | €405k | €302k |
| Debt | €1.54M | €1.10M | €1.58M | €749k |
| of which ≤ 1y | €1.35M | €828k | €997k | €748k |
| of which > 1y | - | - | - | - |
| Working capital | €498k | €822k | €812k | €149k |
| Employees (FTE) | 24.4 | 22.8 | 17.8 | 13.6 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.37 | 1.99 | 1.81 | 1.20 |
| Quick ratio | 1.37 | 1.99 | 1.81 | 1.20 |
| Working capital ratio | 24.2% | 45.7% | 41.0% | 14.2% |
| Solvency | 24.8% | 38.9% | 20.4% | 28.7% |
| Debt / equity | 3.03 | 1.57 | 3.89 | 2.48 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | -1.80 | 140.69 | 9.94 | -5.34 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -9.3% | 16.4% | 5.2% | -8.7% |
| ROE | -37.4% | 42.2% | 25.4% | -30.5% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €2.05M | €1.80M | €1.98M | €1.05M |
| Fixed assets | 21/28 | €202k | €148k | €171k | €153k |
| Intangible fixed assets | 21 | €18k | €37k | €61k | €83k |
| Tangible fixed assets | 22/27 | €99k | €62k | €60k | €47k |
| Financial fixed assets | 28 | €85k | €50k | €50k | €23k |
| Current assets | 29/58 | €1.85M | €1.65M | €1.81M | €897k |
| Amounts receivable within one year | 40/41 | €1.45M | €1.12M | €991k | €771k |
| Cash & bank | 54/58 | €311k | €488k | €774k | €15k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.05M | €1.80M | €1.98M | €1.05M |
| Equity | 10/15 | €510k | €700k | €405k | €302k |
| Contributions / capital | 10/11 | €20k | €20k | €20k | €20k |
| Accumulated profits (losses) | 14 | €490k | €680k | €385k | €282k |
| Amounts payable | 17/49 | €1.54M | €1.10M | €1.58M | €749k |
| Amounts payable within one year | 42/48 | €1.35M | €828k | €997k | €748k |
| Trade debts payable within one year | 44 | €590k | €685k | €718k | €344k |
| Income statement | |||||
| Gross operating margin | 9900 | €1.62M | €2.04M | €1.40M | €844k |
| Operating result | 9901 | €-150k | €434k | €162k | €-80k |
| Financial income | 75 | €8k | €0 | €55 | €9 |
| Financial charges | 65 | €46k | €3k | €21k | €10k |
| Result before taxes | 9903 | €-188k | €430k | €141k | €-91k |
| Income taxes | 67/77 | €2k | €135k | €38k | €1k |
| Net result for the period | 9904 | €-190k | €295k | €103k | €-92k |
| Result to be appropriated | 9905 | €-190k | €295k | €103k | €-92k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 22-03-2019 |
| Status | Active |
| Postal code | 2000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1206/00B009 | Flanders | 1,296 m² | 1 · 1,127 m² | 29.7 m · 8 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-06-2025 Registered office moved within Antwerpen
- Gijzelaarsstraat 29, 2000 Antwerpen, België → Frankrijklei 115, 2000 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Frankrijklei 115, 2000 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Frankrijklei",
"country": "BE",
"postcode": "2000",
"box_number": null,
"street_number": "115",
"locality_suffix": null
},
"old_address": {
"raw": "Gijzelaarsstraat 29, 2000 Antwerpen, Belgi\u00EB",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Gijzelaarsstraat",
"country": "BE",
"postcode": "2000",
"box_number": null,
"street_number": "29",
"locality_suffix": null
},
"effective_date": "2025-04-07",
"evidence_quote": "De bestuurders hebben besloten om de zetel van de vennootschap te verplaatsen van Gijzelaarsstraat 29, 2000 Antwerpen naar Frankrijklei 115, 2000 Antwerpen vanaf 07/04/2025.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-06-26",
"filing_date": "2025-06-17",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2025-04-18",
"unanimous": null
},
"subject_company": {
"kbo": "0723.517.060",
"name_full": "Mutant",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0413.789.528",
"org_name": "ECOVIS ACTA Consult bv",
"person_name": null,
"org_rep_person_name": "Valerie Bruyninckx",
"person_role_at_subject": null
},
"co_filed_documents": [
"Notulen vergadering van bestuurders 18/04/2025"
]
}17-02-2023 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0633.736.335",
"name": "THE WALHALLA INN",
"address": "Wolfjagerslei 18, 2140 Antwerpen (Borgerhout)",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": true,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
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},
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{
"kind": "substantive_delegation",
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"via_org": {
"kbo": "0872.716.126",
"name": "UYUNI",
"address": "Bovenstraat 1, 3210 Lubbeek (Linden)",
"country": "BE",
"legal_form": "BV"
},
"statutory": "niet_statutair",
"compensated": true,
"effective_date": null,
"evidence_quote": "",
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"mandate_duration": {
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},
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{
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"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende bestuurders (zaakvoerders) voor de uitoefening van haar mandaat.",
"decharge_status": "granted",
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},
{
"kind": "decharge_granted",
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"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende bestuurders (zaakvoerders) voor de uitoefening van haar mandaat.",
"decharge_status": "granted",
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}
],
"notary": {
"name": "Isabelle MOSTAERT",
"firm_city": null,
"firm_name": null,
"office_city": "Leuven",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-02-17",
"filing_date": "2023-02-15",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-02-15",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0723.517.060",
"name_full": "MUTANT",
"legal_form": "BV"
},
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"person_name": "Isabelle Mostaert",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Uitgifte van voormelde akte",
"Geco\u00F6rdineerde statuten",
"Twee volmachten"
],
"corrected_publication_numac": null
}| Legal nameNL | Mutant |