MUTUALIS
ActiveMUTUALIS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €519k and a net result of €80k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 19.53 against 27.08 in 2024; short-term debt: 4.8% and cash: 82.3% of total assets), and 4.8% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
95.2%
Return on assets
14.6%
Age of the figures
9 mo
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
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
48 d early
2023
33 d early
2022
28 d early
2021
24 d early
2020
51 d early
2019
46 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€519k▲ 18.2%
2024 · €439k
2018: €248k
2019: €295k
2020: €354k
2021: €418k
2022: €288k
2023: €359k
2024: €439k
2018 → 2025
Total assets
€545k▲ 19.4%
2024 · €457k
2018: €258k
2019: €308k
2020: €384k
2021: €445k
2022: €501k
2023: €378k
2024: €457k
2018 → 2025
Net result
€80k▲ 0.1%
2024 · €80k
2018: €40k
2019: €46k
2020: €60k
2021: €64k
2022: €64k
2023: €71k
2024: €80k
2018 → 2025
Working capital
€486k▲ 10.6%
2024 · €439k
2018: €232k
2019: €284k
2020: €349k
2021: €417k
2022: €286k
2023: €358k
2024: €439k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€418k-€288k▼ 31.1%€359k▲ 24.7%€439k▲ 22.2%€519k▲ 18.2%
Operating result€89k-€90k▲ 1.3%€96k▲ 7.0%€105k▲ 9.5%€104k▼ 1.3%
Net result€64k-€64k▲ 0.6%€71k▲ 11.2%€80k▲ 12.2%€80k▲ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €545k
Fixed assets
€33k▲ 5,608%
Current assets
€512k▲ 12.3%
Equity and liabilities €545k
Equity
€519k▲ 18.2%
Debt
€26k▲ 49.2%
The debt ratio rises from 3.8% to 4.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€111k▲
2024 · €106k
Cash flow
€87k▲
2024 · €81k
Solvency
95.2%▼
2024 · 96.2%
Current ratio
19.53▼
2024 · 27.08
Quick ratio
19.53▼
2024 · 27.08
Debt / equity
0.05▲
2024 · 0.04
ROE
15.4%▼
2024 · 18.2%
ROA
14.6%▼
2024 · 17.5%
Interest coverage
292.32▼
2024 · 640.50
Debt
€26k▲
2024 · €18k
Debt ≤ 1 year
€26k▲
2024 · €17k
Income taxes
€31k▼
2024 · €32k
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€457k€545k▲
Fixed assets21/28€579€33k▲
Tangible fixed assets22/27€430€33k▲
Furniture and vehicles24€430€33k▲
Financial fixed assets28€149€149=
Current assets29/58€456k€512k▲
Amounts receivable within one year40/41€19k€16k▼
Trade receivables40€14k€16k▲
Other amounts receivable41€5k€3▼
Current investments50/53€81k€41k▼
Cash at bank and in hand54/58€350k€449k▲
Deferred charges and accrued income490/1€7k€7k▼
Equity and liabilities
Total equity and liabilities10/49€457k€545k▲
Equity10/15€439k€519k▲
Contributions10/11€12k€12k=
Reserves13€423k€502k▲
Distributable reserves133€423k€502k▲
Profit (loss) carried forward14€3k€4k▲
Amounts payable17/49€18k€26k▲
Amounts payable within one year42/48€17k€26k▲
Trade debts44€925€2k▲
Suppliers440/4€925€2k▲
Taxes, remuneration and social security45€16k€20k▲
Taxes450/3€16k€20k▲
Other amounts payable47/48-€4k
Accrued charges and deferred income492/3€734-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€939€7k▲
Other operating charges640/8€616€177▼
Gross operating margin9900€107k€111k▲
Operating profit (loss)9901€105k€104k▼
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€166€379▲
Recurring financial charges65€166€379▲
Profit (loss) for the period before taxes9903€112k€111k▼
Income taxes67/77€32k€31k▼
Profit (loss) for the period9904€80k€80k▲
Profit (loss) for the period to be appropriated9905€80k€80k▲
Appropriation of the result
Profit (loss) to be appropriated9906€82k€83k▲
Profit (loss) brought forward from the previous period14P€3k€3k▲
Transfer from equity791/2€2k-
Transfer to equity691/2€81k€79k▼
To contributions691€2k-
To other reserves6921€79k€79k=
The notes to these accounts (8 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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €80k ▲0.1%
Net result €80k, the highest in the series.
31-12
Financial
Equity above €500kEq €519k ▲18.2%
8 profitable years in a row build equity to €519k.
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 9current ratio 19.96
Current ratio from 2.34 to 19.96; short-term debt falls from €213k to €19k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Waterloo · 1 establishment unit since 2008
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.
Rue Champ Rodange 1231410 WaterlooGround area
851 m²
Building footprint
111 m²
Volume, LiDAR
558 m³
Parcel 25110S0026/02S008, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mutualis
since 20082.173.664.585
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110S0026/02S008 | Wallonia | 851 m² | 1 · 111 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900P4S0H8TN0N4F67
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SCOOP
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EFFECT-IT
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Plainsight
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 11,815 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2008
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.