MUVIN

Active

Private limited companyfounded 20223 yrs activeCasinostraat(E) 9B, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0791.231.869

The computed 12-month bankruptcy probability of MUVIN is 3.1% (moderate). The 2024 annual accounts show equity of €19k and a net result of €8k. Its solvency ranks better than 37% of 26056 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

51 / 100

Fair▲ +46 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+100

Solvency19▲+10

Growth78

Stability94

Bankruptcy probability, 12 months

3.1% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity short (current ratio 0.81 against 0.65 in 2023), and 82.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

17.3%

Return on assets

7.4%

Age of the figures

20 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

38 d early

2023

30 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€19k▲ 73.9%

2023 · €11k

2023: €11k

2023 → 2024

Total assets

€110k▼ 7.2%

2023 · €119k

2023: €119k

2023 → 2024

Net result

€8k

2023 · €-7k

2023: €-7k

2023 → 2024

Working capital

€-16k▲ 54.7%

2023 · €-36k

2023: €-36k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€11k-€19k▲ 73.9%

Operating result€-7k-€11k

Net result€-7k-€8k

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 2024: €11k after a loss of €7k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €110k

36.6%

63.4%

Fixed assets €40k▼ 22.7%

Current assets €70k▲ 5.0%

Equity and liabilities €110k

17.3%

82.7%

Equity €19k▲ 73.9%

Debt €91k▼ 15.4%

The debt ratio falls from 90.8% to 82.7%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€23k▲

2023 · €-4k

Cash flow

€20k▲

2023 · €-4k

Solvency

17.3%▲

2023 · 9.2%

Current ratio

0.81▲

2023 · 0.65

Quick ratio

0.38▲

2023 · 0.21

Debt / equity

4.77▼

2023 · 9.82

ROE

42.5%▲

2023 · -64.3%

ROA

7.4%▲

2023 · -5.9%

Interest coverage

149.69▲

2023 · -8.62

Debt

€91k▼

2023 · €108k

Debt ≤ 1 year

€86k▼

2023 · €103k

Debt > 1 year

€5k=

2023 · €5k

Income taxes

€3k

Staff costs

€2k▼

2023 · €62k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€119k€110k▼

Fixed assets21/28€52k€40k▼

Tangible fixed assets22/27€52k€40k▼

Furniture and vehicles24€52k€40k▼

Current assets29/58€66k€70k▲

Stocks and contracts in progress3€45k€37k▼

Stocks30/36€45k€37k▼

Amounts receivable within one year40/41€20k€20k▼

Trade receivables40€17k€20k▲

Other amounts receivable41€3k-

Cash at bank and in hand54/58€816€13k▲

Equity and liabilities

Total equity and liabilities10/49€119k€110k▼

Equity10/15€11k€19k▲

Contributions10/11€18k€18k=

Profit (loss) carried forward14€-7k€1k▲

Amounts payable17/49€108k€91k▼

Amounts payable after more than one year17€5k€5k=

Financial debts170/4€5k€5k=

Amounts payable within one year42/48€103k€86k▼

Current portion of amounts payable after more than one year42€3k€3k=

Trade debts44€37k€26k▼

Suppliers440/4€37k€26k▼

Taxes, remuneration and social security45€8k€21k▲

Taxes450/3€364€9k▲

Remuneration and social security454/9€8k€12k▲

Other amounts payable47/48€55k€36k▼

Income statement Code20232024

Remuneration, social security and pensions62€62k€2k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€12k▲

Other operating charges640/8€2k€414▼

Non-recurring operating charges66A€2k-

Gross operating margin9900€62k€25k▼

Operating profit (loss)9901€-7k€11k▲

Financial income75/76B€6€40▲

Recurring financial income75€6€40▲

Financial charges65/66B€448€151▼

Recurring financial charges65€448€151▼

Profit (loss) for the period before taxes9903€-7k€11k▲

Income taxes67/77-€3k

Profit (loss) for the period9904€-7k€8k▲

Profit (loss) for the period to be appropriated9905€-7k€8k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-7k€1k▲

Profit (loss) brought forward from the previous period14P-€-7k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

2025

23-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €8k

Net result €8k after one loss-making year.

01-07

NBB filing Annual accounts filed

fiscal year 2023 · 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, Maasmechelen · 2 establishment units since 2022

establishment All 2 establishment units on the map

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.

Casinostraat(E) 9B3630 Maasmechelen

Ground area

3,637 m²

Building footprint

330 m²

Volume, LiDAR

1,464 m³

3 parcels, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

MUVIN

Leuvensesteenweg 311, 3293 DiestRetail sale of beverages, general range

since 20222.335.876.794

MUVIN

Aarschotsesteenweg 267, 3012 LeuvenRetail sale of chocolate and confectionery

since 20252.369.666.943

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24126B0226/00T006	Flanders	1,742 m²	1 · 197 m²	4.7 m · 1 fl.
24046B0104/00X000	Flanders	988 m²	-	-
73013C0535/00A000	Flanders	907 m²	1 · 132 m²	10.9 m · 2 fl.