Turnover from €472,350 to €1.5mStaff from 2 FTE to 32.6 FTEDemerger proposal: Muno splits off to VASTIUM17-11Merger: NORISC takes over BENVELC05-09Merger proposal: NORISC takes over BENVELC23-06Debts from €2.2m to €10.6m
2 restructurings since 2025. Latest: branch transferred to VASTIUM.
2026 accounts not filed, 11 days past the deadlineFinancial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 18 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0458271253
1 director appointed, 1 resignation
Change of role: Wevano BV, from director to day-to-day manager · Resignation: Marie Christine Forrez · Appointment: MAGNA GROUP B.V. (director) · General meeting of 03-06-2026 · Gazette deed
Demerger: MUNO splits off to VASTIUM
Founding capital of €50,000 · Capital decrease of €4,109,727 to €4,378,865.01 · Capital from €8,488,592.01 to €4,378,865.01 · Appointments: WEVANO (director) and Marie-Christine Forrez (director) · Gazette deed
Demerger proposal: Muno splits off to VASTIUM
Permanent representative: Geert Mertens · Appointments: Marie-Christine Forrez (director) and OBV WEVANO (director) · Founding capital of €4,109,727, 639,750 shares · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as MUNO: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €14m and €32m, founded between 1992 and 2001.
MUNO has existed since 1996. The present size dates from 2025. Turnover rose that year from €472,350 to €1.5m and staff from 2 to 32.6 full-time equivalents.
Turnover has grown every year since 2022. Solvency fell in 2025 from 80.2% to 47.1%.
The company number of MUNO is 0458.271.253. The VAT number is the same number with BE in front: BE 0458.271.253.
Where is MUNO based?
The registered office is at Ballingsweg 16, 9620 Zottegem.Company details
What does MUNO do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of MUNO?
MUNO is a private limited company (BV).
When was MUNO founded?
MUNO was founded on 21-06-1996.
Is MUNO still active?
Yes, MUNO is an active enterprise in the KBO register.
How many employees does MUNO have?
MUNO had an average of 32.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MUNO fall under?
In its 31-03-2024 annual accounts, MUNO states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of MUNO?
The turnover of MUNO was €1.5m in financial year 2025, according to the filed annual accounts.
Is MUNO profitable?
In financial year 2025, MUNO made a profit of €437,485.
Where can I find the annual accounts of MUNO?
MUNO filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.