Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphThe file of MUUSELABS contains 1 judicial reorganisation, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 6.8% (elevated). The 2022 annual accounts show equity of €216k and a net result of €-1.27M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 229 sector peers (fiscal year 2022).
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
1 eventsTrust signals
1 signalAdministrative Flags
0 eventsFinancials
Annual accounts & ratios
Source: NBB · 2022How 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 | 8.1% | 42.6% | |
| Net result | €-1.27M | €24k | |
| Equity | €216k | €68k | |
| Gross operating margin | €-804k | €54k | |
| Staff costs | €18k | €350k |
| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | €-838k |
| Net profit | €-1.27M |
| Cash flow | €-817k |
| Staff costs | €18k |
| Income taxes | - |
| Dividends | - |
| Total assets | €2.68M |
| Equity | €216k |
| Debt | €2.47M |
| of which ≤ 1y | €783k |
| of which > 1y | €1.63M |
| Working capital | €585k |
| Employees (FTE) | 0.4 |
| 2022 | |
|---|---|
| Current ratio | 1.75 |
| Quick ratio | 1.35 |
| Working capital ratio | 21.8% |
| Solvency | 8.1% |
| Debt / equity | 11.41 |
| Long-term debt ratio | 7.55 |
| Interest coverage | -8.40 |
| Gross margin | - |
| Net margin | - |
| ROA | -47.2% |
| ROE | -586.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.68M |
| Fixed assets | 21/28 | €1.31M |
| Intangible fixed assets | 21 | €1.31M |
| Tangible fixed assets | 22/27 | €0 |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €1.37M |
| Stocks & contracts in progress | 3 | €308k |
| Amounts receivable within one year | 40/41 | €836k |
| Cash & bank | 54/58 | €202k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.68M |
| Equity | 10/15 | €216k |
| Contributions / capital | 10/11 | €3.93M |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-3.95M |
| Amounts payable | 17/49 | €2.47M |
| Amounts payable after one year | 17 | €1.63M |
| Amounts payable within one year | 42/48 | €783k |
| Trade debts payable within one year | 44 | €584k |
| Income statement | ||
| Gross operating margin | 9900 | €-804k |
| Operating result | 9901 | €-1.29M |
| Financial income | 75 | €121k |
| Financial charges | 65 | €100k |
| Result before taxes | 9903 | €-1.27M |
| Net result for the period | 9904 | €-1.27M |
| Result to be appropriated | 9905 | €-1.27M |
Health barometer
FY 2022 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
3 locationsReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372B0037/00S000 | Brussels | 6,963 m² | 1 · 1,690 m² | 10.8 m · 2 fl. |
| 11803C0969/00B000 | Flanders | 2,666 m² | 1 · 483 m² | 18.0 m · 5 fl. |
| 21806F0060/00K008 | Brussels | 100 m² | 1 · 67 m² | 15.4 m · 4 fl. |
Publications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch profitability in particular.
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameFR | MUUSELABS |