Muurtuin
ActiveMuurtuin has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €10k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 403 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+91
Solvency66▲+18
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.65 in 2024; short-term debt: 59.2% and cash: 10.9% of total assets), and 59.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.8%
Return on assets
17.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
27 d late
2023
8 d early
2022
30 d late
2021
31 d late
2020
31 d late
2019
55 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 75.9%
2024 · €13k
2018: €13k
2019: €13k
2020: €16k
2021: €37k
2022: €57k
2023: €35k
2024: €13k
2018 → 2025
Total assets
€57k▲ 1.3%
2024 · €56k
2018: €123k
2019: €117k
2020: €116k
2021: €71k
2022: €75k
2023: €42k
2024: €56k
2018 → 2025
Net result
€10k
2024 · €-22k
2018: €-9k
2019: €499
2020: €3k
2021: €21k
2022: €20k
2023: €-22k
2024: €-22k
2018 → 2025
Working capital
€-2k▲ 84.5%
2024 · €-15k
2018: €87k
2019: €56k
2020: €22k
2021: €27k
2022: €48k
2023: €26k
2024: €-15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€57k▲ 54.9%€35k▼ 38.6%€13k▼ 62.4%€23k▲ 75.9%
Operating result€29k-€30k▲ 6.2%€-22k€-22k▲ 0.3%€10k
Net result€21k-€20k▼ 3.4%€-22k€-22k▲ 0.7%€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €22k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€25k▼ 9.1%
Current assets
€31k▲ 11.7%
Equity and liabilities €57k
Equity
€23k▲ 75.9%
Debt
€33k▼ 21.6%
The debt ratio falls from 76.5% to 59.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▲
2024 · €-18k
Cash flow
€14k▲
2024 · €-18k
Solvency
40.8%▲
2024 · 23.5%
Current ratio
0.93▲
2024 · 0.65
Quick ratio
0.51▲
2024 · 0.32
Debt / equity
1.45▼
2024 · 3.26
ROE
43.1%▲
2024 · -165.9%
ROA
17.6%▲
2024 · -39.0%
Interest coverage
152.83▲
2024 · -90.65
Debt
€33k▼
2024 · €43k
Debt ≤ 1 year
€33k▼
2024 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€56k€57k▲
Fixed assets21/28€28k€25k▼
Intangible fixed assets21€78€0▼
Tangible fixed assets22/27€28k€25k▼
Land and buildings22€20k€18k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€53€0▼
Other tangible fixed assets26€6k€5k▼
Current assets29/58€28k€31k▲
Stocks and contracts in progress3€14k€14k▼
Stocks30/36€14k€14k▼
Amounts receivable within one year40/41€4k€10k▲
Trade receivables40€1k€10k▲
Other amounts receivable41€2k€18▼
Cash at bank and in hand54/58€10k€6k▼
Deferred charges and accrued income490/1€376€854▲
Equity and liabilities
Total equity and liabilities10/49€56k€57k▲
Equity10/15€13k€23k▲
Contributions10/11€7k€7k=
Reserves13€45k€45k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€43k€43k=
Profit (loss) carried forward14€-39k€-29k▲
Amounts payable17/49€43k€33k▼
Amounts payable within one year42/48€43k€33k▼
Financial debts43€1k€50▼
Credit institutions430/8€1k€50▼
Trade debts44€42k€2k▼
Suppliers440/4€42k€2k▼
Taxes, remuneration and social security45€0€415▲
Taxes450/3€0€415▲
Other amounts payable47/48€0€31k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€605€1k▲
Gross operating margin9900€-17k€15k▲
Operating profit (loss)9901€-22k€10k▲
Financial income75/76B€199€0▼
Recurring financial income75€199€0▼
Financial charges65/66B€199€91▼
Recurring financial charges65€199€91▼
Profit (loss) for the period before taxes9903€-22k€10k▲
Profit (loss) for the period9904€-22k€10k▲
Profit (loss) for the period to be appropriated9905€-22k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-29k▲
Profit (loss) brought forward from the previous period14P€-17k€-39k▼
Transfer from equity791/2€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-22k ▼209%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 3.66
Current ratio from 1.78 to 3.66; short-term debt falls from €34k to €18k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €21k ▲721%
Net result €21k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial
Back to profitnet €499
Net result €499 after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
11-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 195 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Antwerpen · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vandenpeereboomstraat 162140 AntwerpenGround area
268 m²
Building footprint
248 m²
Volume, LiDAR
2,478 m³
Parcel 11006A0315/00M015, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Muurtuin
since 20152.247.782.681
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0315/00M015 | Flanders | 268 m² | 2 · 248 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,800 EUR awarded · 1,800 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,800 EUR | 1,800 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 457 companies in sector 31009 we hold annual accounts for 124. 92 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2015
Fiscal year end31-12
Activities, NACEBEL
31009Manufacture of furniture
31092Manufacture of furniture
46220Wholesale trade
47522Retail trade
47761Retail sale of flowers, plants, seeds and fertilisers
71113Urban planning and landscape architecture
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.