MUBA
ActiveMUBA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €856k and a net result of €39k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 84% of 10252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-8
Solvency99▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 3.86 against 4.28 in 2024; short-term debt: 24.3% and cash: 39.5% of total assets), and 26.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.8%
Return on assets
3.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
29 d late
2023
26 d late
2022
1 d early
2021
7 d early
2020
2 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€856k▼ 2.8%
2024 · €881k
2019: €846k
2020: €809k
2021: €882k
2022: €1.04M
2023: €799k
2024: €881k
2019 → 2025
Total assets
€1.16M▼ 4.7%
2024 · €1.22M
2019: €1.84M
2020: €1.75M
2021: €1.82M
2022: €1.65M
2023: €1.22M
2024: €1.22M
2019 → 2025
Net result
€39k▼ 68.3%
2024 · €122k
2019: €63k
2020: €-37k
2021: €73k
2022: €157k
2023: €152k
2024: €122k
2019 → 2025
Working capital
€804k▼ 2.3%
2024 · €823k
2019: €809k
2020: €777k
2021: €830k
2022: €995k
2023: €748k
2024: €823k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€882k-€1.04M▲ 17.8%€799k▼ 23.1%€881k▲ 10.3%€856k▼ 2.8%
Operating result€123k-€232k▲ 89.2%€227k▼ 1.9%€177k▼ 22.0%€58k▼ 67.2%
Net result€73k-€157k▲ 115%€152k▼ 3.2%€122k▼ 19.5%€39k▼ 68.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 67% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.16M
Fixed assets
€75k▼ 47.6%
Current assets
€1.09M▲ 1.1%
Equity and liabilities €1.16M
Equity
€856k▼ 2.8%
Debt
€304k▼ 9.5%
The debt ratio falls from 27.6% to 26.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€135k▼
2024 · €266k
Cash flow
€115k▼
2024 · €210k
Solvency
73.8%▲
2024 · 72.4%
Current ratio
3.86▼
2024 · 4.28
Quick ratio
2.08▼
2024 · 2.38
Debt / equity
0.35▼
2024 · 0.38
ROE
4.5%▼
2024 · 13.9%
ROA
3.3%▼
2024 · 10.0%
Interest coverage
12.93▼
2024 · 25.97
Debt
€304k▼
2024 · €336k
Debt ≤ 1 year
€281k▲
2024 · €251k
Debt > 1 year
€22k▼
2024 · €85k
Income taxes
€15k▼
2024 · €55k
Staff costs
€358k▼
2024 · €363k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€1.16M▼
Fixed assets21/28€143k€75k▼
Tangible fixed assets22/27€143k€75k▼
Land and buildings22€32k€0▼
Plant, machinery and equipment23€2k€43k▲
Furniture and vehicles24€37k€24k▼
Other tangible fixed assets26€72k€8k▼
Current assets29/58€1.07M€1.09M▲
Stocks and contracts in progress3€476k€501k▲
Stocks30/36€476k€501k▲
Amounts receivable within one year40/41€12k€24k▲
Trade receivables40€10k€3k▼
Other amounts receivable41€2k€20k▲
Current investments50/53-€50k
Cash at bank and in hand54/58€583k€458k▼
Deferred charges and accrued income490/1€3k€53k▲
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.16M▼
Equity10/15€881k€856k▼
Contributions10/11€38k€38k=
Reserves13€843k€818k▼
Tax-exempt reserves132€105k€147k▲
Distributable reserves133€737k€671k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€336k€304k▼
Amounts payable after more than one year17€85k€22k▼
Financial debts170/4€85k€22k▼
Amounts payable within one year42/48€251k€281k▲
Current portion of amounts payable after more than one year42€75k€62k▼
Trade debts44€55k€64k▲
Suppliers440/4€55k€64k▲
Taxes, remuneration and social security45€119k€142k▲
Taxes450/3€76k€104k▲
Remuneration and social security454/9€44k€38k▼
Other amounts payable47/48€2k€13k▲
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Remuneration, social security and pensions62€363k€358k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€76k▼
Other operating charges640/8€9k€9k▼
Gross operating margin9900€638k€502k▼
Operating profit (loss)9901€177k€58k▼
Financial income75/76B€10k€6k▼
Recurring financial income75€10k€6k▼
Financial charges65/66B€10k€10k▲
Recurring financial charges65€10k€10k▲
Profit (loss) for the period before taxes9903€177k€53k▼
Income taxes67/77€55k€15k▼
Profit (loss) for the period9904€122k€39k▼
Transfer to tax-exempt reserves689€0€42k▲
Profit (loss) for the period to be appropriated9905€122k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€122k€-3k▼
Transfer from equity791/2€40k€67k▲
Transfer to equity691/2€122k€0▼
To other reserves6921€122k€0▼
Profit to be distributed694/7€40k€63k▲
Return on contributions (dividend)694€40k€63k▲
Social balance
Average headcount (FTE)908710.510.3▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €157k ▲115%
Operating result €232k, net result €157k, both a record.
30-06
Financial
Equity above €1MEq €1.04M ▲17.8%
2 profitable years in a row build equity to €1.04M.
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €73k
Net result €73k after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-37k ▼158%
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Diest · 2 establishment units since 1996
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.
Koning Albertstraat 613290 DiestGround area
2,797 m²
Building footprint
2,454 m²
Volume, LiDAR
24,902 m³
2 parcels, Flanders, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
MULLER
since 19962.032.548.688
MUBA
since 20072.163.572.330
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62087B0259/00M002 | Wallonia | 2,262 m² | 1 · 2,158 m² | 13.3 m · 4 fl. |
| 24020A1566/00H000 | Flanders | 535 m² | 1 · 297 m² | 11.6 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 32,704 EUR awarded · 32,704 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 6,359 EUR | 6,930 EUR |
| 2024 | 2 | 9,147 EUR | 8,576 EUR |
| 2023 | 2 | 13,083 EUR | 13,083 EUR |
| 2022 | 1 | 4,115 EUR | 4,115 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
NATHALIE AZUR
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NEOTRON
BE 0403.135.067
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KENT
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Maasmechelen · Eq €934k
MAVIN
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PHARMACIE DU DIEWEG
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Of 411 companies in sector 47722 we hold annual accounts for 165. 96 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-1987
Fiscal year end31-12
Activities, NACEBEL
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 37 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.