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.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2024; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
MUSIB from Antwerpen, company number BE0842029185, closed financial year 2024 with a result of € -15,888 after tax. For that financial year MUSIB recorded a gross margin of € -12,573 and equity of € -81,650. Compared with financial year 2023, the result moved from € 133,974 to € -15,888. 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 July 14, 2025.
€ -81,650
▼ € 15,888 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,888
▼ still € 133,974 profit in 2023
Profit after tax over the fiscal year.
€ 8,207
▼ 50% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -100,250.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 115,951
▲ 50% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -21,472 | € -96,756 | € 146,775 | € -12,573 | ▼ € 159,348 |
| Profit after taxes | € -29,257 | € -96,089 | € 133,974 | € -15,888 | ▼ € 149,862 |
| Equity | € -103,647 | € -199,735 | € -65,762 | € -81,650 | ▼ € 15,888 |
| Total debts | € 197,821 | € 273,455 | € 123,805 | € 143,111 | ▲ 16% |
| Cash | € 13,268 | € 7,078 | € 16,457 | € 8,207 | ▼ 50% |
| Retained profit | € -122,247 | € -218,335 | € -84,362 | € -100,250 | ▼ € 15,888 |
| Balance sheet total | € 94,174 | € 73,720 | € 58,043 | € 61,461 | ▲ 6% |
Key figures of MUSIB, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MUSIB?
What happened at MUSIB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 15,888 (▼ € 149,862 vs 2023). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Saad Kayani became a director. NBB
- Pankaj Kaira stepped down as director. NBB
- Wasim Khan stepped down as director. NBB
- Mazhar Kayani Begum stepped down as director. NBB
- Nasir Ahmad stepped down as director. NBB
- Nasir Ahmad became a director. NBB
In short
From € 29,257 loss in 2021 to € 15,888 loss in 2024.
Best year ever: 2023, with € 133,974 profit.
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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
Directors
According to the 2024 annual accounts
Saad Kayani
Associate
since 2025
Pankaj Kaira
Director
since 2019 · until 2025
Wasim Khan
Director
since 2017 · until 2025
Mazhar Kayani Begum
Director
since 2021 · until 2025
Nasir Ahmad
Director
since 2024 · until 2025
Establishments
Establishment units
Physical locations of this company
Oranjestraat 1
2060 Antwerpen
Oranjestraat 1 box b
2060 Antwerpen
Active since 27 January 2012
Cassiersstraat 63
2060 Antwerpen
Active since 1 January 2021
Oranjestraat 1 box a
2060 Antwerpen
Active since 1 July 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0842.029.185
- VAT number
- BE 0842.029.185
- Registered office
- Oranjestraat 1, 2060 Antwerpen
- Names & denominations
- MUSIB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2011
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
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