MUFI
ActiveSummary
The computed 12-month bankruptcy probability of MUFI is 2.0% (moderate). The 2024 annual accounts show equity of €6k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 2465 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-26
Solvency39▼-13
Growth58=
Track record86
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
14.4%
Return on assets
4.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2465 sector peers (2024).
NBB · sector comparisonPosition among 2465 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €6k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
68 d late
2022
32 d late
2021
4 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€6k▲ 39.8%
2023 · €4k
2021: €10k
2022: €271
2023: €4k
2021 → 2024
Total assets
€40k▲ 166%
2023 · €15k
2021: €15k
2022: €23k
2023: €15k
2021 → 2024
Net result
€2k▼ 57.4%
2023 · €4k
2021: €-9k
2022: €-10k
2023: €4k
2021 → 2024
Working capital
€880▲ 106%
2023 · €427
2021: €7k
2022: €-8k
2023: €427
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€10k-€271▼ 97.3%€4k▲ 1,424%€6k▲ 39.8%
Operating result€-9k-€-9k▼ 8.5%€5k€9k▲ 81.8%
Net result€-9k-€-10k▼ 15.1%€4k€2k▼ 57.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 82% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40k
Fixed assets
€5k ▲ 32.1%
Current assets
€35k ▲ 210%
Equity and liabilities €40k
Equity
€6k ▲ 39.8%
Debt
€34k ▲ 214%
Debt's share of the balance-sheet total rises from 72.6% to 85.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2023 · €10k
Cash flow
€4k▼
2023 · €9k
Current ratio
1.03▼
2023 · 1.04
Debt to equity
5.96▲
2023 · 2.65
ROE
28.5%▼
2023 · 93.4%
ROA
4.1%▼
2023 · 25.6%
Interest coverage
20.07▲
2023 · 15.47
Debt ≤ 1 year
€34k▲
2023 · €11k
Income taxes
€7k▲
2023 · €470
Staff costs
€41
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€15k€40k▲
Fixed assets21/28€4k€5k▲
Intangible fixed assets21€2k-
Tangible fixed assets22/27€1k€2k▲
Furniture and vehicles24€1k€2k▲
Financial fixed assets28€169€3k▲
Current assets29/58€11k€35k▲
Amounts receivable within one year40/41€9k€34k▲
Trade receivables40€9k€34k▲
Other amounts receivable41€392€751▲
Cash at bank and in hand54/58€883€295▼
Deferred charges and accrued income490/1€1k€568▼
Equity and liabilities
Total equity and liabilities10/49€15k€40k▲
Equity10/15€4k€6k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-14k€-13k▲
Amounts payable17/49€11k€34k▲
Amounts payable within one year42/48€11k€34k▲
Trade debts44-€7k
Suppliers440/4-€7k
Taxes, remuneration and social security45€5k€20k▲
Taxes450/3€5k€20k▲
Other amounts payable47/48€6k€8k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€41
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€2k€9k▲
Gross operating margin9900€12k€21k▲
Operating profit (loss)9901€5k€9k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€651€593▼
Recurring financial charges65€651€593▼
Profit (loss) for the period before taxes9903€4k€8k▲
Income taxes67/77€470€7k▲
Profit (loss) for the period9904€4k€2k▼
Profit (loss) for the period to be appropriated9905€4k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-13k▲
Profit (loss) brought forward from the previous period14P€-18k€-14k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
28-04
KBO administration
Address struck
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Genesius-Rode · 1 establishment unit since 2021
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.
Waterloose Steenweg 2001640 Sint-Genesius-RodeGround area
7,982 m²
Building footprint
1,579 m²
Volume, LiDAR
17,216 m³
2 parcels, Flanders, Wallonia · tallest building 23.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MUFI srl
since 20212.324.745.748
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552E0048/00Z025 | Flanders | 7,308 m² | 1 · 1,453 m² | 23.0 m · 4 fl. |
| 25054D0054/00Z002 | Wallonia | 675 m² | 1 · 126 m² | 6.5 m · 2 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.
Similar companies · same sector, comparable size
BAR MARSEILLE
BE 0751.885.206
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PURITAS PARK
BE 0418.109.293
Roeselare · Eq €5,696
J&S EVENTS
BE 0779.922.560
Hulshout · Eq €5,562
PLUS OULTRE STATION
BE 0789.484.582
Binche · Eq €5,515
NOS ENVIES
BE 0650.993.823
Ath · Eq €6,450
Of 368 companies in sector 90311 we hold annual accounts for 155. 44 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2021
Fiscal year end31-12
Abbreviation FR
NS
Activities, NACEBEL 2025
90311Arts creation and performing arts activities
90392Design and construction of stages and sets
90393Specialised image, lighting and sound technical services
90399Other support activities for arts and performing arts
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:Admin@mufi.be