Turnover
≈ €20,000 estimated
The micro format states no turnover.
Muzaev Holding
Lifetime
1 annual account with figurespeak €4,269 (2025)
€4,269
peak €1,149 (2025)
€1,149
peak €11,149 (2025)
€11,149
€2,099
Board2 names since 2025
1 directorMuzaev
Documentsfilings and deeds
06-08-20266 days late
2025micro format
Incorporation 22-041 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€10,000 500 shares
Position in the sector
€11,149
Less equity than 82% of companies in head offices and management consultancy. Sector median €78,216 · 39,400 companies.
2025 accounts filed 6 days after the deadline
Checked score
97
Excellent
Financially stronger than 74% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 0.4%
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026highest value
09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 4.21, cash €5,140
Figures for financial year 2025 (filed on 07-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 89% on liquidity and 46% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as Muzaev Holding has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Muzaev Holding itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for Muzaev Holding. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.21, above the usual 1.5. Short-term debt is 15.8% and cash 38.8% of total assets. 15.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
6 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
M
Muzaev
Director, since 17-04-2025
- MUZAEV Ramzan 500 sharesdeed of 22-04-2025
Recent changes
Registered office moved from Hasselt to Schulen
New registered office: Sint-Jorislaan 127/1 3540 Schulen · Previous registered office: Koning Boudewijnlaan 20a 3500 Hasselt · General meeting of 30-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1022494717
Incorporation
Founding capital of €10,000, 500 shares · Founder: MUZAEV Ramzan · Appointment: MUZAEV Ramzan (director) · published on 22-04-2025 · Gazette deed
First establishment
Sint-Jorislaan 127, Herk-de-Stad
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Muzaev Holding Herk-de-Stad | €13,247 | €4,269 | 84.2% | - |
| Exun Stabroek | €12,818 | €4,302 | 49.9% | - |
| B.Alpha consult Uccle | €13,303 | €4,115 | 46.9% | - |
| Mairle Grez-Doiceau | €11,612 | €3,891 | 43.6% | - |
| De Troyer Technics Herzele | €15,966 | €4,364 | 23.8% | - |
| CED Consulting Antwerp | €13,294 | €3,563 | 20.3% | - |
| GRIVE IP Gavere | €15,404 | €4,661 | 26.5% | - |
These companies have the same main activity as Muzaev Holding: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €11,600 and €16,000, founded in 2025.
Official details
Source: KBO- Status
- Active since 17-04-2025Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.373.725.8973540 Herk-de-Stad, since 17-04-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 07-05-2025
Insights on Muzaev Holding
Muzaev Holding has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,149 and a net result of €1,149.
Its solvency ranks better than 82% of 39,368 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Muzaev Holding
- What is the company number of Muzaev Holding?
- The company number of Muzaev Holding is 1022.494.717. The VAT number is the same number with BE in front: BE 1022.494.717.
- Where is Muzaev Holding based?
- The registered office is at Sint-Jorislaan 127, 3540 Herk-de-Stad.Company details
- What does Muzaev Holding do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Muzaev Holding?
- Muzaev Holding is a private limited company (BV).
- When was Muzaev Holding founded?
- Muzaev Holding was founded on 17-04-2025.
- Is Muzaev Holding still active?
- Yes, Muzaev Holding is an active enterprise in the KBO register.
- What is the turnover of Muzaev Holding?
- The turnover in financial year 2025 is ≈ €20,000. This figure is estimated from the gross margin of €4,269 and 206 comparable companies (NACE 70200). It probably lies between €9,300 and €40,000. It is a rough estimate.Financials
- Is Muzaev Holding profitable?
- In financial year 2025, Muzaev Holding made a profit of €1,149.
- Where can I find the annual accounts of Muzaev Holding?
- Muzaev Holding filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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