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Muto Belgium

Active
Private limited companyfounded 1998active for 28 yearsCoremansstraat 34, 2600 Antwerpen, Belgium12 active companies are registered at this addressKBO/BCE: BE 0464.168.358
Summary

The computed 12-month bankruptcy probability of Muto Belgium is 3.6% (moderate). The 2024 annual accounts show equity of €428,110 and a net result of -€177,961. Equity is growing by about 6% per year across the filed financial years. Its solvency ranks better than 18% of 9,539 sector peers (NACE 47, financial year 2024). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of information and communication equipment
NACE 47400Computer programming NACE 62100
1 site
Size
€4.0mtotal assets 2024
Staff
26.9 FTE
Equity
€428,110
Loss
-€177,961
Turnover not published (abbreviated format)
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.6%
Structure
Parent
Autobinck Group
Holdings
1
  • Fleet Support Groep B.V.Director · permanent representative KRABBENBORG Eugene
  • Van Bael ConsultingDirector · permanent representative VAN BAEL Eric
Auditor: Moore AuditAccounts 81 days overdue
Why 48raises riskFigures for financial year 2024 (filed 28-05-2025)Size: 26.9 FTE, total assets €4.0mEquity €428,110 (10.8% of total assets)lowers riskFounded in 1998Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 18% of its sector peers (NACE 47, small)
Financial strength · tick = 2023
Weak
Solvency 36-9
equity 10.8% of total assets
Liquidity 29-15
short-term debt 55.3% · cash 5.7%
Profitability 13-62
return on assets -4.5%
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (3,691 companies, NACE 47, small)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.5 percentage points vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 1.1%▲ +0.2 percentage points vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.2%▲ +0.1 percentage points vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.9 percentage points vs 07-2026 09-2026: 2.5%▲ +0.4 percentage points vs 08-2026 10-2026: 3.6%▲ +1.1 percentage points vs 09-2026highest value
Credit of up to €20,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.87, compared with 1.8 in 2023, below 1; short-term debt: 55.3% and cash: 5.7% of total assets), and 89.2% of the assets are financed with debt and provisions.
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 47, small): better than 23% on solvency, 29% on liquidity, 9% on profitability and 13% on growth.

The bankruptcy probability was computed on 19-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 28-05-2025)
NBB · annual accounts
raises risk · Size: 26.9 FTE, total assets €4.0m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €428,110 (10.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9539 sector peers (2024).
NBB · sector comparison
Position among 9539 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 81 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline20-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-05-2025, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
64 days early
2023
1 day early
2022
25 days early
2021
60 days early
2020
123 days early
2019
67 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 57 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Name · MiscellaneousName change · Amendment of…
  2. Appointment: Moore Audit BV (statutory auditor)Power of attorney
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2024after €232,408 in 2023 -€177,961 View
  • Caution: Among the weakest 5% on net resultsector median €44,743 · 9,540 companies -€177,961 View
  • Caution: Accounts not fileddeadline was 31-07-2026 81 days late View
  • Controlled by Autobinck Groupthe company in turn controls 1 companies parent View
  • Flemish supportawarded from 2022 to 2025 €86,188 View

By topic

Financials

Financial year
2024
Total assets
€4.0m
Loss
-€177,961
Solvency
10.8%
Total assets▲ 32.0%
Net result
20182024
Go to Financials

Board & ownership

Board
2 members
Parent
Autobinck Group
Auditor
Moore Audit
  • Fleet Support Groep B.V.Director
  • Van Bael ConsultingDirector
Go to Board & ownership

Timeline

Events
51
Since
2000
  1. 30-07-2024Annual accounts filed
  2. 05-01-2024Resignations: VAN BAEL Eric (director) and KRABBENBORG…
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of information and communication equipmentNACE 47400
Founded
18-09-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“Het schrijven en verkopen van maat software; I.T. consultancy en software development; Het…” (deed in Dutch)
Go to Articles of association

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