Bankrupt · Opening faillissement (CBE)

MUS

BE0821822701

Rechtspersoon Public limited company 3 establishments

MUS is a wholesaler in Wavre. Public Limited, started on 29 December 2009, 3 establishments.

Avenue Pasteur 6H, 1300 Wavre

Behind the company: Chloé CLOETENS.

Start date

29 December 2009

Warning lights

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

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 5 % of short-term debt in 2023; threshold 65 %.

  • Busy address KBO

    25 other companies have their registered office at the same address; threshold 10.

  • 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.

What it is worth Caution

€ -13.8 million

▼ € 208,641 vs 2023

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

Loss Caution

€ -208,641

▲ 98 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 53,813

▼ 41% vs 2023

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 € -24.3 million.

People and assets in 2023

Full-time equivalents

1

▼ 5.9 vs 2023

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

Wage cost

€ 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.

Vehicles and equipment

€ 1,533

▼ 33% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 2.2 million

▲ 13% vs 2023

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

Taxes and wages

€ 385,668

▼ 16% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232023Change 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
  • New establishment in La Hulpe. KBO
  • New establishment in Elsene. KBO
  • New establishment in Lasne. KBO
  • Start of the company according to the CBE. KBO

In short

From € 3.8 million loss in 2021 to € 208,641 loss in 2023.

Paid € 24,034 in corporate taxes since 2021.

Management

Chloé CLOETENS
MUS
MUS LLC 100%
MUS SAS 100%

Behind MUS is Chloé CLOETENS. It owns 100% of MUS LLC and 100% of MUS SAS itself.

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Directors

According to the 2023 annual accounts

Chloé CLOETENS

Liquidator

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Pasteur 6H

1300 Wavre

2.214.861.178

Chemin du Gros Tienne 56

1380 Lasne

Active since 1 July 2012

2.217.356.850

Georges Brugmannplein 22a

1050 Elsene

Active since 1 April 2013

2.221.793.809

Avenue Reine Astrid 92

1310 La Hulpe

Active since 8 July 2013

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

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

Groothandel in kleding, met uitzondering van werk- en onderkleding

Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)

Frequently asked questions

What does MUS do?
MUS is a wholesaler in Wavre. Public Limited, started on 29 December 2009, 3 establishments.
What is the address of MUS?
The registered office of MUS is located at Avenue Pasteur 6H, 1300 Wavre.
Is MUS still active?
No. The CBE lists MUS 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 MUS registered on Peppol?
No, MUS is currently not registered on the Peppol network.
What is the enterprise number of MUS?
The enterprise number of MUS is BE0821822701.
When was MUS founded?
MUS was founded on 29 December 2009.