Financials
- Financial year
- 2024
- Total assets
- €614,263
- Profit
- €136,876
- Solvency
- 19.1%
Total assets▲ 297%
Net result
20222024
MOGUL
ActiveThe file of MOGUL contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 6.6% (elevated). The 2024 annual accounts show equity of €117,051 and a net result of €136,876. Equity is growing by about 302% per year across the filed financial years. Its solvency ranks better than 41% of 18,739 sector peers (NACE 56, financial year 2024).
Overview
Activity
Full-service restaurants
NACE 56111
2nd largest company by total assets in Kraainem, Accommodation and food service sector1 site
Size
€614,263total assets 2024
- Staff
- 10.8 FTE
- Equity
- €117,051
- Profit
- €136,876
Turnover not published (micro format)
Structure
2025 accounts not filed, 85 days past the deadline2 deeds in the Belgian Official Gazette
Why 37raises risk1 financial year not filed after the legal deadline; last filed accounts filed 189 days late; 3 of the last 3 lateSector: Food and beverage service activities (NACE 56)Figures for financial year 2024 (filed 06-02-2026)Founded in 2022Show the evidence
Checked score
Score 2024
37
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 61% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency
44+32
equity 19.1% of total assets
Liquidity
24-26
short-term debt 80.9% · cash 14.7%
Profitability
97+59
return on assets 22.3%
Bankruptcy probability, 12 months
6.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.4%
12-2024: 4.4%● unchanged vs 11-2024
01-2025: 4.3%▼ -0.1 percentage points vs 12-2024
02-2025: 4.3%● unchanged vs 01-2025
03-2025: 4.3%● unchanged vs 02-2025
04-2025: 4.3%● unchanged vs 03-2025
05-2025: 4.4%▲ +0.1 percentage points vs 04-2025
06-2025: 4.3%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 4.3%● unchanged vs 06-2025
08-2025: 5.2%▲ +0.9 percentage points vs 07-2025
09-2025: 5.5%▲ +0.3 percentage points vs 08-2025
10-2025: 6.2%▲ +0.7 percentage points vs 09-2025
11-2025: 6.2%● unchanged vs 10-2025
12-2025: 7.5%▲ +1.3 percentage points vs 11-2025
01-2026: 9.0%▲ +1.5 percentage points vs 12-2025highest value
02-2026: 9.0%● unchanged vs 01-2026highest value
03-2026: 5.0%▼ -4.0 percentage points vs 02-2026
04-2026: 5.0%● unchanged vs 03-2026
05-2026: 5.1%▲ +0.1 percentage points vs 04-2026
06-2026: 5.2%▲ +0.1 percentage points vs 05-2026
07-2026: 5.4%▲ +0.2 percentage points vs 06-2026
08-2026: 5.9%▲ +0.5 percentage points vs 07-2026
09-2026: 6.1%▲ +0.2 percentage points vs 08-2026
10-2026: 6.6%▲ +0.5 percentage points vs 09-2026
Credit of up to €4,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.18, compared with 0.79 in 2023, below the usual 1.5; short-term debt: 80.9% and cash: 14.7% of total assets), and 80.9% 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 56, micro): better than 41% on solvency, 20% on liquidity, 84% on profitability and 99% on growth.
The bankruptcy probability was computed on 24-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
raises riskneutral
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, 85 days later.
NBB · 3 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline24-10-2026 today
raises risk · 2024 accounts filed 189 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-02-2026, 189 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 · 3 filingsDeviation from the deadline
2025
not filed
2024
189 days late
2023
55 days late
2022
51 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 98 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2022 to 2024net €136,876 ▲3,970%
- Equity above €100,000equity €117,051
Key points
By topic
Timeline
- Events
- 8
- Since
- 2023
- 24-09-2024Annual accounts filed
- 31-12-2023Back to profit
- 23-10-2023Bankruptcy reversal
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 06-05-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about MOGUL
- What is the company number of MOGUL?
- 0785.814.519. In Belgium the VAT number is the company number with BE in front: BE 0785.814.519.
- Where is MOGUL based?
- The registered office is at Steenweg op Mechelen 455, 1950 Kraainem.Company details
- What does MOGUL do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of MOGUL?
- Private limited company (BV).
- When was MOGUL founded?
- On 06-05-2022.
- Is MOGUL still active?
- Yes, MOGUL is an active enterprise in the KBO register.
- How many employees does MOGUL have?
- On average 10.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of MOGUL?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is MOGUL profitable?
- In financial year 2024, MOGUL made a profit of €136,876.
- Where can I find the annual accounts of MOGUL?
- MOGUL filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to MOGUL
Comparable companies
- ARAFAT-04Hoogstraten
- VANDOUDe Haan
- LISMATGent
- DRAGON-PHENIXNamur
- FAT IN CASABeringen
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.