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MUVOMA

Active
Public limited companyfounded 201610 yrs activeZwaanhofweg 10, 8900 Ieper, BelgiumKBO/BCE: BE 0648.879.124
Summary

The computed 12-month bankruptcy probability of MUVOMA is 2.6% (moderate). The 2024 annual accounts show negative equity (-€153,786) and a net result of -€70,367. Equity is shrinking by ~29.3% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
MUVOMAActiveChecked score 50/100
Risk analysis ReportCompare

Overview

Activity
Activity not known1 site
Size
€1.7mtotal assets 2024
Equity
-€153,786
Loss
-€70,367
Turnover not published (abridged schema)
Financial health
50 Fair Checked score 2024
Bankruptcy chance 12 m
2.6%
Structure
Parent
INTERNATIONAL REAL ESTATE SERVICES · 99.6%
Accounts 65 d overdue1 of 9 deeds read
Why 50- Liquidity: current ratio 165.24, cash €265, halved- Figures for FY 2024 (filed 10-07-2025)+ Size: total assets €1.7m+ No main activity registeredShow the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 19% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 16-4
equity -9.1% of total assets
Liquidity 50=
short-term debt 0.6% · cash 0.0%
Profitability 27+27
return on assets -4.2%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.5% 12-2024: 1.5%● 0.0% vs 11-2024 01-2025: 1.5%● 0.0% vs 12-2024 02-2025: 1.5%▲ +1.7% vs 01-2025 03-2025: 1.6%▲ +5.7% vs 02-2025 04-2025: 1.5%▼ -5.5% vs 03-2025 05-2025: 1.5%▼ -1.5% vs 04-2025 06-2025: 1.5%▲ +1.2% vs 05-2025 07-2025: 1.5%▲ +1.7% vs 06-2025 08-2025: 1.1%▼ -29.5% vs 07-2025 09-2025: 1.1%● 0.0% vs 08-2025 10-2025: 1.1%● 0.0% vs 09-2025 11-2025: 1.1%● 0.0% vs 10-2025 12-2025: 1.1%● 0.0% vs 11-2025 01-2026: 1.1%● 0.0% vs 12-2025 02-2026: 1.1%▲ +1.8% vs 01-2026 03-2026: 1.1%▼ -1.4% vs 02-2026 04-2026: 1.0%▼ -5.8% vs 03-2026 05-2026: 1.0%▼ -4.4% vs 04-2026lowest value 06-2026: 1.0%● 0.0% vs 05-2026lowest value 07-2026: 1.0%● 0.0% vs 06-2026lowest value 08-2026: 1.3%▲ +29.1% vs 07-2026 09-2026: 1.6%▲ +24.6% vs 08-2026 10-2026: 2.6%▲ +63.2% vs 09-2026highest value
  • Size: total assets €1.7m lowers the probability for this profile
  • Liquidity: current ratio 165.24, cash €265, halved raises the probability
  • Figures for FY 2024 (filed 10-07-2025) raises the probability
  • No main activity registered lowers the probability
No credit on open account
short-term debt: 0.6% and cash: 0% of total assets, and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 12%, liquidity 38%, profitability 20%, growth against the median 5%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1.7m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 165.24, cash €265, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 10-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · No main activity registered
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€153,786
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 07-07-2025, 24 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
24 d early
2023
26 d early
2022
26 d early
2021
23 d early
2020
19 d early
2019
22 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 23 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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
  1. Permanent representatives: Melissa Carton and Christophe…Power of attorney
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€153,786 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€70,367 View
  • Caution: Equity fell in 2024from -€83,419 to -€153,786 ▼ 84.4% View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Controlled by INTERNATIONAL REAL ESTATE SERVICES 99.6% View

By topic

Financials

Fiscal year
2024
Total assets
€1.7m
Loss
-€70,367
Solvency
-9.1%
Total assets▲ 4.2%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2017
  1. 15-04-2026Permanent representatives: Melissa Carton and Christophe Van…
  2. 07-07-2025Annual accounts filed
  3. 05-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
22-02-2016
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?INTERNATIONAL REAL ESTATE SERVICES · 17 companies How does this company compare with its sector?Sector benchmark

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