MUUSK
ActiveThe computed 12-month bankruptcy probability of MUUSK is 2.5% (moderate). The 2025 annual accounts show equity of €19k and a net result of €32k. Equity is growing by ~6.6% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
73
/ 100
Healthy▼ -27 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency30▼-60
Growth58▼-20
Stability94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.76 in 2024), and 79.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
20.6%
Return on assets
35.1%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
21 d late
2024
22 d early
2023
8 d late
2022
on the day
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 42.8%
2024 · €33k
2022: €19k
2023: €14k
2024: €33k
2022 → 2025
Total assets
€91k▲ 40.4%
2024 · €65k
2022: €66k
2023: €53k
2024: €65k
2022 → 2025
Net result
€32k▲ 61.1%
2024 · €20k
2022: €17k
2023: €-5k
2024: €20k
2022 → 2025
Working capital
€13k▼ 41.1%
2024 · €23k
2022: €-9k
2023: €-3k
2024: €23k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€19k-€14k▼ 26.4%€33k▲ 138%€19k▼ 42.8%
Operating result€26k-€-2k€30k€42k▲ 42.1%
Net result€17k-€-5k€20k€32k▲ 61.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 42% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€6k▼ 56.8%
Current assets
€86k▲ 64.3%
Equity and liabilities €91k
Equity
€19k▼ 42.8%
Debt
€72k▲ 126%
The debt ratio rises from 49.4% to 79.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€53k▲
2024 · €39k
Cash flow
€42k▲
2024 · €29k
Solvency
20.6%▼
2024 · 50.6%
Current ratio
1.18▼
2024 · 1.76
Quick ratio
1.18▼
2024 · 1.76
Debt / equity
3.85▲
2024 · 0.98
ROE
170.2%▲
2024 · 60.4%
ROA
35.1%▲
2024 · 30.6%
Interest coverage
1006.73▲
2024 · 15.35
Debt
€72k▲
2024 · €32k
Debt ≤ 1 year
€72k▲
2024 · €30k
Income taxes
€10k▲
2024 · €7k
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€65k€91k▲
Fixed assets21/28€13k€6k▼
Tangible fixed assets22/27€13k€6k▼
Plant, machinery and equipment23€486€356▼
Furniture and vehicles24€12k€5k▼
Current assets29/58€52k€86k▲
Amounts receivable within one year40/41€536€30▼
Trade receivables40-€30
Other amounts receivable41€536-
Cash at bank and in hand54/58€34k€70k▲
Deferred charges and accrued income490/1€18k€16k▼
Equity and liabilities
Total equity and liabilities10/49€65k€91k▲
Equity10/15€33k€19k▼
Contributions10/11€3k€3k=
Reserves13€16k€16k=
Distributable reserves133€16k€16k=
Profit (loss) carried forward14€14k-
Amounts payable17/49€32k€72k▲
Amounts payable within one year42/48€30k€72k▲
Trade debts44€908-
Suppliers440/4€908-
Taxes, remuneration and social security45€1k€3k▲
Taxes450/3€1k€3k▲
Other amounts payable47/48€28k€69k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€41k€54k▲
Operating profit (loss)9901€30k€42k▲
Financial charges65/66B€3k€53▼
Recurring financial charges65€3k€53▼
Profit (loss) for the period before taxes9903€27k€42k▲
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€20k€32k▲
Profit (loss) for the period to be appropriated9905€20k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€46k▲
Profit (loss) brought forward from the previous period14P€-5k€14k▲
Profit to be distributed694/7€833€46k▲
Return on contributions (dividend)694€833€46k▲
The notes to these accounts (5 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Highest result since 2022net €32k ▲61.1%
Operating result €42k, net result €32k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-12
Financial
Weakest financial yearnet €-5k ▼129%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Gent · 1 establishment unit since 2021
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.
Prosper Van Langendonckstraat 79050 GentGround area
206 m²
Building footprint
68 m²
Volume, LiDAR
479 m³
Parcel 44363B0457/00P005, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MUUSK
since 20212.326.317.841
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44363B0457/00P005 | Flanders | 206 m² | 1 · 68 m² | 10.8 m · 3 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.