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MUTLU

Active
Private limited company (pre-2019)founded 2010active for 16 yearsPeerderbaan 43, 3990 Peer, BelgiumKBO/BCE: BE 0825.484.054
Summary

MUTLU has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109,039 and a net result of €6,202. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 80% of 4,627 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
#6 company by equity in Peer, Accommodation and food service sector1 site
Size
€175,002total assets 2025
Equity
€109,039
Profit
€6,202
Turnover not published (abbreviated or micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts filed 25 days late0 of 8 deeds read
Why 87raises riskSector: Food and beverage service activities (NACE 56)Size: total assets €175,002lowers riskFounded in 2010Liquidity: current ratio 1.78, cash €28,470Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency 87-3
equity 62.3% of total assets
Liquidity 54-29
short-term debt 35.8% · cash 16.3%
Profitability 73-2
return on assets 3.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,710 companies, NACE 56, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -0.2 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.78, compared with 2.18 in 2024; short-term debt: 35.8% and cash: 16.3% of total assets), and 37.7% of the assets are financed with debt.
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 56, micro): better than 78% on solvency, 57% on liquidity, 54% on profitability and 51% on growth.

The bankruptcy probability was computed on 10-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 2010
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.78, cash €28,470
NBB · annual accounts
raises risk · Size: total assets €175,002
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
33 days early
2023
30 days early
2022
8 days early
2021
1 day late
2020
5 days early
2019
63 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · 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 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Equity above €100,000equity €102,837 ▲7.8%

Key points

  • Positive: Company by equity in Peer, Accommodation and food…in the Checked rankings #6 View
  • Positive: 8 profitable years in a rowprofit 2025: €6,202 8 years View
  • Total assets 20256 financial years filed €175,002 View

By topic

Financials

Financial year
2025
Total assets
€175,002
Profit
€6,202
Solvency
62.3%
Total assets▲ 11.0%
Net result
20182025
Go to Financials

Timeline

Events
19
Since
2012
Next accounts
by 31-07-2027
  1. 01-07-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 23-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
29-04-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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