Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2023.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2023; threshold 65 %.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
MUS from Wavre, company number BE0821822701, closed financial year 2023 with a result of € -208,641 after tax. For that financial year MUS recorded a gross margin of € -162,352 and equity of € -13.8 million. Compared with financial year 2023, the result moved from € -11.7 million to € -208,641. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 15, 2025.
€ -13.8 million
▼ € 208,641 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -208,641
▲ 98 % less loss than in 2023
Profit after tax over the fiscal year.
€ 53,813
▼ 41% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -24.3 million.
People and assets in 2023
1
▼ 5.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 135,665
▼ 60% vs 2023
€ 135,700 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.
€ 1,533
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 2.2 million
▲ 13% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 385,668
▼ 16% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2023 | Change 2023 → 2023 | |
|---|---|---|---|---|---|
| Gross margin | € -2,947,626 | € -826,638 | € -38,584 | € -162,352 | ▼ € 123,768 |
| Profit after taxes | € -3,789,592 | € -1,689,800 | € -11,698,665 | € -208,641 | ▲ € 11.5 million |
| Equity | € -178,951 | € -1,868,751 | € -13,567,416 | € -13,776,057 | ▼ € 208,641 |
| Total debts | € 10,512,181 | € 15,305,637 | € 14,422,743 | € 14,576,007 | ▲ 1% |
| Cash | € 91,440 | € 5,679 | € 91,443 | € 53,813 | ▼ 41% |
| Retained profit | € -10,654,664 | € -12,344,463 | € -24,043,128 | € -24,251,770 | ▼ € 208,641 |
| Bank debt | € 6,872 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 10,333,230 | € 13,436,886 | € 1,014,858 | € 834,949 | ▼ 18% |
| Employees (FTE) | 6.1 | 6.9 | 6.9 | 1 | ▼ 5.9 |
Key figures of MUS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to MUS?
What happened at MUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MUS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 11.7 million. filed late Source: NBB ↗
- Chloé CLOETENS became a director. NBB
- Capital increase of € 19.9 million, published in the Gazette. Source: Staatsblad ↗
- New establishment in La Hulpe. KBO
- New establishment in Elsene. KBO
- New establishment in Lasne. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 3.8 million loss in 2021 to € 208,641 loss in 2023.
Paid € 24,034 in corporate taxes since 2021.
Management
Behind MUS is Chloé CLOETENS. It owns 100% of MUS LLC and 100% of MUS SAS itself.
Directors
According to the 2023 annual accounts
Chloé CLOETENS
Liquidator
since 2023
Establishments
Establishment units
Physical locations of this company
Avenue Pasteur 6H
1300 Wavre
Chemin du Gros Tienne 56
1380 Lasne
Active since 1 July 2012
Georges Brugmannplein 22a
1050 Elsene
Active since 1 April 2013
Avenue Reine Astrid 92
1310 La Hulpe
Active since 8 July 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →CARTER AND CO
€ 13,393 revenue · 2024
BURKANT CLEANER
DYNATUBE
€ 36,884 gross margin · 2025
STRUCTURE PRODUCTION
€ 14,088 gross margin · 2025
ESPACE CHASSIS ET VERANDAS
€ -190,429 gross margin · 2025
+23 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- PARIS INVEST S.A.(apporteur) 75.8%
Incorporation
Source: Deed ↗- PARIS INVEST S.A.(oprichter) 99.9%
- LEMAIRE Virginie Monique Madeleine(oprichter) 0.1%
Details
- Company number
- 0821.822.701
- VAT number
- BE 0821.822.701
- Registered office
- Avenue Pasteur 6H, 1300 Wavre
- Names & denominations
- MUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 29 December 2009
- Peppol
- Not registered
- Activities · NACE
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