Financials
- Fiscal year
- 2025
- Total assets
- €84,576
- Loss
- -€1,654
- Solvency
- -7.2%
Total assets▼ 14.0%
Net result
20192025
MUWAD
ActiveSummary
MUWAD has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€6,081) and a net result of -€1,654. Equity is shrinking by ~59.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 11693 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
What they do
Agents in non-specialised wholesale trade
NACE 46190NACE 51190
1 site
How big
€84,576total assets 2025
- Equity
- -€6,081
- Loss
- -€1,654
Turnover not published (abridged schema)
Who decides
Accounts 19 d early0 of 4 deeds read
Why 44- Annual accounts: weaker financial profile- Higher-failure-rate sector- Negative equity+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-3
Solvency18▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.09 in 2024; short-term debt: 107.2% and cash: 1.7% of total assets), and equity is negative.
Credit check for your own amount and term
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
-7.2%
Return on assets
-2%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€6,081
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-04-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
1 d early
2023
11 d early
2022
6 d early
2021
30 d early
2020
37 d early
2019
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 20 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2019net €582 ▲19.1%
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 30-04-2027
- 11-04-2026Annual accounts filed
- 29-04-2025Annual accounts filed
- 30-09-2024Highest result since 2019
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Founded
- 22-10-1996
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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