Musar is an estate agency in Antwerpen. Public Limited, started on 2 July 2014, 1 establishment.

What is the address of Musar?

The registered office of Musar is located at Jan Van Rijswijcklaan 100 box 5, 2018 Antwerpen.

Is Musar still active?

No. The CBE lists Musar with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is Musar registered on Peppol?

No, Musar is currently not registered on the Peppol network.

What is the enterprise number of Musar?

The enterprise number of Musar is BE0554990943.

When was Musar founded?

Musar was founded on 2 July 2014.

Who are the directors of Musar?

According to the 2021 annual accounts, the directors of Musar are: MICHIEL VERHAEGEN.

Is Musar a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 2 July 2014; 1 annual account filed (fiscal year 2021); 1 directors known from the annual account.

How much profit did Musar make in 2021?

Musar recorded a loss after taxes of € 159,850 in financial year 2021.

What is the revenue of Musar?

As a small company, Musar is not required to publish revenue in its annual accounts. In financial year 2021, its added value was € -31,970.

How much does an employee at Musar earn?

The average wage cost per full-time employee at Musar was € 29,000 in 2021: staff costs of € 37,736 for 1.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Musar have?

According to the 2021 annual accounts, Musar has 1.3 full-time equivalents (FTE).

Musar (Public Limited) - Antwerpen - BE0554990943

Dossier Musar, printed on 1 October 2026 from databakkes.be/en/0554990943/musar. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 52 % of short-term debt in 2021; threshold 65 %.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2021

Musar from Antwerpen, company number BE0554990943, closed financial year 2021 with a result of € -159,850 after tax. For that financial year Musar recorded a gross margin of € -31,970 and equity of € 666,107. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2022.

What it is worth Healthy

€ 666,107

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -159,850

Profit after tax over the fiscal year.

Cash in the bank

€ 579

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 116,107.

People and assets in 2021

Full-time equivalents

1.3

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 37,736

€ 29,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 38,398

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt

€ 3.2 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 133,210

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 6,181

Taxes, VAT and social contributions still to pay.

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What happened to Musar?

What happened at Musar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Musar is active according to the CBE. Legal situation: Opening faillissement.

Aug 29, 2022 New annual accounts for financial year 2021: loss of € 159,850. filed late Source: NBB ↗
2020 MICHIEL VERHAEGEN became a director. NBB
Jul 2, 2014 New establishment in Antwerpen. KBO
Jul 2, 2014 Start of the company according to the CBE. KBO

In short

Paid € 3,009 in corporate taxes since 2021.

Original PDFs at the National Bank ↗

A new publication or filing at Musar? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

MICHIEL VERHAEGEN

Musar

BE RELAX 100%

IGOR 100%

IGOR OUD-TURNHOUT 100%

Behind Musar is MICHIEL VERHAEGEN. It owns 100% of BE RELAX, 100% of IGOR and 100% of IGOR OUD-TURNHOUT itself.

See the full network in the app

Directors

According to the 2021 annual accounts

MICHIEL VERHAEGEN

Director

Also active at: D.S.-V.D. VERHAEGEN ARCHITECTENVENNOOTSCHAP, Igor Hamme

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Jan Van Rijswijcklaan 100 box 5

2018 Antwerpen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

Ruiterclub Zevenbergen

TATOUINE

€ -45,067 gross margin · 2025

IGOR same network

€ 403,750 gross margin · 2021

Drumoden

€ 30,201 gross margin · 2025

IGOR OUD-TURNHOUT same network

€ -1,199 gross margin · 2021

+1 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0554.990.943

VAT number

BE 0554.990.943

Registered office

Jan Van Rijswijcklaan 100 bus 5, 2018 Antwerpen

Names & denominations

Musar

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Opening faillissement

Start date

2 July 2014

Peppol

Not registered

Activities · NACE

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗

Musar

Warning lights

Financials

What happened to Musar?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions