MUTE BELGIUM

Active

Private limited companyfounded 2022active for 4 yearsPicardstraat 7, 1000 Brussel, Belgium239 active companies are registered at this addressKBO/BCE: BE 0788.235.262

Summary

The computed 12-month bankruptcy probability of MUTE BELGIUM is 3.8% (moderate). The 2025 annual accounts show negative equity (-€43,228) and a net result of €6,240. Equity is shrinking by about 5.7% per year across the filed financial years. Its solvency ranks better than 12% of 1,133 sector peers (NACE 77, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

MUTE BELGIUMActiveChecked score 49/100

Risk analysis Report Compare

Activity

Renting and leasing of other machinery, equipment and tangible goods

NACE 77399

1 site

Size

€462,982total assets 2025

Staff: 1.8 FTE
Equity: -€43,228
Profit: €6,240

Turnover not published (abbreviated format)

Financial health

49 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 3.8%

Structure

Largest shareholder: H-Group Services · 50%

Antonio López IruzubietaDirector

2025 accounts filed 23 days late2 of 5 deeds summarised

Why 49raises risk1 change of registered office in 24 monthsLast filed accounts filed 23 days late; 1 of the last 3 lateFounded in 2022lowers riskFigures for financial year 2025 (filed 23-08-2026)Show the evidence

Checked score

Score 2025

49 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 40% of its sector peers (NACE 77, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 16+1

equity -9.3% of total assets

Liquidity 28+10

short-term debt 49.5% · cash 1.8%

Profitability 70+4

return on assets 1.3%

Bankruptcy probability, 12 months

3.8% Moderate

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,163 companies, NACE 77, micro)

Last 24 months 11-2024: 9.6%highest value 12-2024: 9.6%● unchanged vs 11-2024highest value 01-2025: 9.5%▼ -0.1 percentage points vs 12-2024 02-2025: 9.5%● unchanged vs 01-2025 03-2025: 9.4%▼ -0.1 percentage points vs 02-2025 04-2025: 5.2%▼ -4.2 percentage points vs 03-2025 05-2025: 2.6%▼ -2.6 percentage points vs 04-2025 06-2025: 2.7%▲ +0.1 percentage points vs 05-2025 07-2025: 2.7%● unchanged vs 06-2025 08-2025: 2.7%● unchanged vs 07-2025 09-2025: 2.7%● unchanged vs 08-2025 10-2025: 2.7%● unchanged vs 09-2025 11-2025: 2.7%● unchanged vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 2.4%▼ -0.3 percentage points vs 02-2026lowest value 04-2026: 2.4%● unchanged vs 03-2026 05-2026: 2.4%● unchanged vs 04-2026 06-2026: 2.5%▲ +0.1 percentage points vs 05-2026 07-2026: 2.4%▼ -0.1 percentage points vs 06-2026 08-2026: 3.2%▲ +0.8 percentage points vs 07-2026 09-2026: 2.5%▼ -0.7 percentage points vs 08-2026 10-2026: 3.8%▲ +1.3 percentage points vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.3, compared with 0.54 in 2024, below 1; short-term debt: 49.5% and cash: 1.8% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro): better than 17% on solvency, 25% on liquidity, 53% on profitability and 66% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

1 change of registered office in 24 months

Belgian Official Gazette

Figures for financial year 2025 (filed 23-08-2026)

NBB · annual accounts

Last filed accounts filed 23 days late; 1 of the last 3 late

NBB · filings

Founded in 2022

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 1133 sector peers (2025).

NBB · sector comparison

Position among 1133 sector peers

Solvency

better than 12%

← weakest strongest →

2025 accounts filed 23 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 3 filings

Deviation from the deadline

2025

23 days late

2024

65 days early

2023

39 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 1 day before the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (3 of the last 3 filed years within 88 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2022.

KBO publications · our coverage

02-10-2026 Registered office · Other addressesRegistered-office move · Amendment of…
23-08-2026 Annual accounts filedfinancial year 2025 · abbreviated…
23-06-2026 Appointment: Antonio López Iruzubieta (director)Gazette deed

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€43,228 View
Caution: Among the weakest 10% on equitysector median €258,304 · 1,133 companies -€43,228 View
New directorlatest change 02-05-2026 · 1 in office 1 joined View

By topic

Financials

Financial year: 2025
Total assets: €462,982
Profit: €6,240
Solvency: -9.3%

Total assets▼ 5.6%

Net result

20232025

Go to Financials

Board & ownership

Board: 1 member
Largest shareholder: H-Group Services · 50%

Antonio López IruzubietaDirector

Go to Board & ownership

Timeline

Events: 6
Since: 2024
Next accounts: by 31-07-2027

31-12-2025Back to profit
27-05-2025Annual accounts filed
08-09-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Renting and leasing of other machinery, equipment and…NACE 77399
Founded: 05-07-2022
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 1

See the provisions in the deeds

Go to Articles of association

Key facts about MUTE BELGIUM

What is the company number of MUTE BELGIUM?: 0788.235.262. In Belgium the VAT number is the company number with BE in front: BE 0788.235.262.
Where is MUTE BELGIUM based?: The registered office is at Picardstraat 7, 1000 Brussel.Company details
What does MUTE BELGIUM do?: According to the KBO register, the main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399).
What is the legal form of MUTE BELGIUM?: Private limited company (BV).
When was MUTE BELGIUM founded?: On 05-07-2022.
Is MUTE BELGIUM still active?: Yes, MUTE BELGIUM is an active enterprise in the KBO register.
How many employees does MUTE BELGIUM have?: On average 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MUTE BELGIUM?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is MUTE BELGIUM profitable?: In financial year 2025, MUTE BELGIUM made a profit of €6,240.
Where can I find the annual accounts of MUTE BELGIUM?: MUTE BELGIUM filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MUTE BELGIUM due?: By 31-07-2027, for financial year 2026.Timeline