Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
House Muse from Brasschaat, company number BE0553586423, closed financial year 2025 with a result of € -57,689 after tax. For that financial year House Muse recorded a gross margin of € 3,364 and equity of € 39,860. Compared with financial year 2024, the result moved from € -32,359 to € -57,689. The company made a loss. The buffer shrank hard: equity is 59 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.
€ 39,860
▼ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -57,689
▼ 78 % more loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -143,740.
Debts at end 2025
€ 735,093
▲ 15% vs 2024
€ 404,559 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,120
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -13,829 | € -1,547 | € -7,124 | € 3,364 | ▲ € 10,488 |
| Profit after taxes | € -12,999 | € -5,912 | € -32,359 | € -57,689 | ▼ € 25,330 |
| Equity | € -29,179 | € -35,092 | € 97,549 | € 39,860 | ▼ 59% |
| Total debts | € 329,670 | € 374,317 | € 1,040,175 | € 1,314,531 | ▲ 26% |
| Cash | € 4,753 | € 23,985 | € 27,339 | € 0 | ▼ 100% |
| Land & buildings | - | - | € 595,920 | € 750,246 | ▲ 26% |
| Retained profit | € -47,779 | € -53,692 | € -86,051 | € -143,740 | ▼ € 57,689 |
| Bank debt | € 0 | € 188,000 | € 641,715 | € 735,093 | ▲ 15% |
| Balance sheet total | € 300,490 | € 339,225 | € 1,137,724 | € 1,354,391 | ▲ 19% |
Key figures of House Muse, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to House Muse?
What happened at House Muse in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 57,689. filed late Source: NBB ↗
- Michel Neven became a director. NBB
- Stefan Leemans became a director. NBB
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,999 loss in 2022 to € 57,689 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind House Muse are Michel Neven and Stefan Leemans.
Directors
According to the 2025 annual accounts
Michel Neven
Director
since 2024
Stefan Leemans
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Van Halmaelelei 14
2930 Brasschaat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0553.586.423
- VAT number
- BE 0553.586.423
- Registered office
- Van Halmaelelei 14, 2930 Brasschaat
- Names & denominations
- House Muse
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 2014
- Peppol
- Active · Active since 23 May 2025