Peter Mussche & Zonen
ActiveThe file of Peter Mussche & Zonen contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 3.8% (moderate). The 2024 annual accounts show equity of €535k and a net result of €22k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 58% of 326 sector peers (fiscal year 2024).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+7
Solvency81▲+20
Growth78▲+26
Track record60
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days only on tighter terms
Liquidity ample (current ratio 2.32 against 1.51 in 2023; short-term debt: 42% and cash: 0% of total assets), and 44.5% of the assets are financed with debt.
Credit advice for your own amount and term
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2024
69 d late
2023
1 d early
2022
on the day
2021
232 d late
2020
2 d late
2019
363 d late
2018
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€535k▲ 4.2%
2023 · €513k
2019: €494k
2020: €500k
2021: €507k
2022: €551k
2023: €513k
2019 → 2024
Total assets
€963k▼ 31.7%
2023 · €1.41M
2019: €1.61M
2020: €1.36M
2021: €1.02M
2022: €1.76M
2023: €1.41M
2019 → 2024
Net result
€22k
2023 · €-38k
2019: €-33k
2020: €6k
2021: €7k
2022: €44k
2023: €-38k
2019 → 2024
Working capital
€534k▲ 21.1%
2023 · €441k
2019: €64k
2020: €425k
2021: €357k
2022: €429k
2023: €441k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€500k-€507k▲ 1.4%€551k▲ 8.7%€513k▼ 6.9%€535k▲ 4.2%
Operating result€10k-€13k▲ 35.8%€64k▲ 381%€-32k€23k
Net result€6k-€7k▲ 19.8%€44k▲ 521%€-38k€22k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €23k after a loss of €32k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €963k
Fixed assets
€25k▼ 74.3%
Current assets
€939k▼ 28.5%
Equity and liabilities €963k
Equity
€535k▲ 4.2%
Provisions
€24k=
Debt
€404k▼ 53.7%
The debt ratio falls from 61.9% to 42.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95k▲
2023 · €19k
Cash flow
€93k▲
2023 · €13k
Solvency
55.5%▲
2023 · 36.4%
Current ratio
2.32▲
2023 · 1.51
Quick ratio
2.32▲
2023 · 1.51
Debt / equity
0.76▼
2023 · 1.70
ROE
4.1%▲
2023 · -7.4%
ROA
2.3%▲
2023 · -2.7%
Interest coverage
63.41▲
2023 · 12.58
Debt
€404k▼
2023 · €872k
Debt ≤ 1 year
€404k▼
2023 · €872k
Staff costs
€174k▲
2023 · €69k
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€1.41M€963k▼
Fixed assets21/28€96k€25k▼
Tangible fixed assets22/27€72k€160▼
Plant, machinery and equipment23€635€160▼
Furniture and vehicles24€71k-
Financial fixed assets28€24k€24k=
Current assets29/58€1.31M€939k▼
Amounts receivable within one year40/41€1.31M€938k▼
Trade receivables40€430k€277k▼
Other amounts receivable41€881k€662k▼
Cash at bank and in hand54/58€2k€208▼
Equity and liabilities
Total equity and liabilities10/49€1.41M€963k▼
Equity10/15€513k€535k▲
Contributions10/11€119k€130k▲
Reserves13€237k€225k▼
Non-distributable reserves130/1€12k-
Reserves not available under the articles1311€12k-
Tax-exempt reserves132€225k€225k=
Profit (loss) carried forward14€157k€179k▲
Provisions and deferred taxes16€24k€24k=
Provisions for liabilities and charges160/5€24k€24k=
Other liabilities and charges164/5€24k€24k=
Amounts payable17/49€872k€404k▼
Amounts payable within one year42/48€872k€404k▼
Trade debts44€140k€160k▲
Suppliers440/4€140k€160k▲
Taxes, remuneration and social security45€27k€24k▼
Taxes450/3€27k€22k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€706k€220k▼
Income statement
Code20232024
Remuneration, social security and pensions62€69k€174k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€71k▲
Other operating charges640/8€19k€33k▲
Gross operating margin9900€107k€301k▲
Operating profit (loss)9901€-32k€23k▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-34k€22k▲
Income taxes67/77€5k-
Profit (loss) for the period9904€-38k€22k▲
Profit (loss) for the period to be appropriated9905€-38k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€157k€179k▲
Profit (loss) brought forward from the previous period14P€195k€157k▼
Social balance
Average headcount (FTE)90872.32.0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
04-08
State Gazette act
Statutes amendment · RestructuringMerger · Accounting effect · Corporate purpose11 facts ▸
State Gazette act
Statutes amendment · Restructuring
Merger · Accounting effect · Corporate purpose11 facts ▸
- Merger, geruisloze fusie
- Accounting effect, 01/01/2026
- Corporate purpose, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen : 1. Het…
- Corporate purpose, Het lossen van schepen en opslag van de geloste materialen op voorraad van de klant, kraanwerken, reiniging laadruimte van schepen na lossen. ...
- Shareholder, IMMOBILIËN JPO
- Shareholder, IMMOBILIËN JPO
- Shares, 6750
- Shares, 104
- Exchange ratio, geen ruilverhouding
- Special rights, geen
- General meeting, 31/07/2026
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 69 days late
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet €-38k ▼186%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 232 days late
30-06
Financial
Highest result since 2019net €44k ▲521%
Operating result €64k, net result €44k, both a record.
2021
30-06
Financial
Equity above €500kEq €507k ▲1.4%
2 profitable years in a row build equity to €507k.
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 363 days late
2020
30-06
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-10
Judicial reorganisation
Plan homologation
Rechtbank van koophandel Antwerpen · 20180025 · event 12-10-2018
14-06
Judicial reorganisation
Opening
Rechtbank van koophandel Antwerpen · collectif · event 08-06-2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
01-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 1 day late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2000
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.
Grote Baan 479100 Sint-NiklaasGround area
1.8 ha
Building footprint
3,403 m²
Volume, LiDAR
40,084 m³
2 parcels, Flanders · tallest building 21.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Anthonis De Jonghestraat 78-86, 9100 Sint-Niklaas
since 20002.131.670.713
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46446A0090/00H000 | Flanders | 1.4 ha | 1 · 406 m² | 11.6 m · 2 fl. |
| 46017A0965/00P000 | Flanders | 4,675 m² | 1 · 2,997 m² | 21.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Mussche Invest
Similar companies · same sector, comparable size
WIM GABRIELS
BE 0806.745.733
Brecht · Eq €413k
FIBREFORCE
BE 0425.223.947
Sint-Truiden · Eq €357k
D-beton
BE 0746.623.648
Aalst · Eq €306k
EMUREF
BE 0439.342.296
Seraing · Eq €286k
REFRACTORY PARTNERS
BE 0458.826.430
Mons · Eq €1.02M
Of 67 companies in sector 23200 we hold annual accounts for 48. 22 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-04-2000
Fiscal year end31-12
Activities, NACEBEL
23200Manufacture of other non-metallic mineral products
52241Warehousing and support activities for transportation
63220
23610Manufacture of other non-metallic mineral products
46831Wholesale of construction materials, general range
46839Wholesale trade
47529Retail trade
49410Freight transport by road
52220Warehousing and support activities for transportation
71100
77110Renting and leasing of cars and light motor vehicles
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.