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SOCIETE DE LA MUNQUE

Active
Public limited companyfounded 1991active for 35 yearsMunquestraat(PL) 11, 7782 Comines-Warneton, BelgiumKBO/BCE: BE 0445.290.772
Summary

SOCIETE DE LA MUNQUE has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.4m and a net result of -€62,495. Equity remains stable across the filed financial years (±1% per year). Its solvency ranks better than 46% of 649 sector peers (NACE 01, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Mixed farming
NACE 01500
1 site
Size
€4.0mtotal assets 2024
Equity
€1.4m
Loss
-€62,495
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts 78 days overdue0 of 2 deeds read
Why 54raises riskCapped at 59: a confirmed filing findingLiquidity: current ratio 0.49, cash €24,549Figures for financial year 2024 (filed 23-12-2025)1 financial year not filed after the legal deadline; latest accounts 144 days late; 3 of the last 3 latelowers riskSize: total assets €4.0mShow the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 23% of its sector peers (NACE 01, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 59-5
equity 34.0% of total assets
Liquidity 32+1
short-term debt 40.7% · cash 0.6%
Profitability 38-15
return on assets -1.6%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (898 companies, NACE 01, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.2 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.9%▲ +0.2 percentage points vs 11-2025highest value 01-2026: 0.2%▼ -0.7 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.2 percentage points vs 09-2026
Credit of up to €70,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.49, compared with 0.54 in 2023, below 1; short-term debt: 40.7% and cash: 0.6% of total assets), and 66% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 01, small): better than 42% on solvency, 20% on liquidity, 14% on profitability and 17% on growth.

The bankruptcy probability was computed on 16-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.49, cash €24,549
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 23-12-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 144 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €4.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-12-2025, 144 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
144 days late
2023
41 days late
2022
44 days late
2021
31 days late
2020
25 days late
2019
57 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 57 days after the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Caution: From profit to loss in 2024after €34,910 in 2023 -€62,495 View
  • Caution: Among the weakest 10% on net resultsector median €42,792 · 649 companies -€62,495 View
  • Caution: Accounts not fileddeadline was 31-07-2026 78 days late View

By topic

Financials

Financial year
2024
Total assets
€4.0m
Loss
-€62,495
Solvency
34.0%
Total assets▲ 8.4%
Net result
20182024
Go to Financials

Timeline

Events
35
Since
1993
  1. 31-12-2022Back to profit
  2. 31-08-2022Annual accounts filed
  3. 31-12-2021Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Mixed farmingNACE 01500
Founded
26-09-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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