Mus-E Belgium
0471.517.691 · rovalta.com · 24/09/2026
ACTIVE
Mus-E Belgium
Financial year 2024 · Closed on 31/12/2024
Net result
45,8 k €
+59,0 %over 1 yearGross margin
616,6 k €
+20,1 %over 1 yearEquity
395,1 k €
+13,1 %over 1 yearWorkforce
10,6 ETP
+24,7 %over 1 yearOverview
Identity
Source · BCE/KBOMus-E Belgium is a Non-profit organization incorporated in 1999. Its main activity is: Artistic creation. Its registered office is in Bruxelles. It employs on average 10,6 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0471.517.691
- Incorporation
- 22/12/1999
- Legal form
- Non-profit organization
- Registered office
- Rue du Chevreuil 28
1000 Bruxelles · BruxellesSee on map - Latest accounts
- 31/12/2024
- Average workforce
- 10,6 ETP
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 9 filingsTrend over 9 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 616,6 k € | +20.1% | 513,6 k € | +22.1% | 420,7 k € | +16.5% | 361,1 k € | +5.1% | 343,5 k € |
| EBITDA | 50,2 k € | +55.5% | 32,3 k € | -12.1% | 36,7 k € | +99.4% | 18,4 k € | -54.1% | 40,2 k € |
| Operating result | 46,7 k € | +59.4% | 29,3 k € | -15.0% | 34,5 k € | +115% | 16 k € | -57.5% | 37,7 k € |
| Net result | 45,8 k € | +59.0% | 28,8 k € | -14.1% | 33,5 k € | +124% | 14,9 k € | -59.6% | 37 k € |
| Balance sheet | |||||||||
| Equity | 395,1 k € | +13.1% | 349,3 k € | +9.0% | 320,5 k € | +11.7% | 286,9 k € | +5.5% | 272 k € |
| Total assets | 724,4 k € | +3.6% | 699,3 k € | +11.0% | 629,8 k € | +17.3% | 536,7 k € | -0.1% | 537,4 k € |
| Cash | 419,8 k € | -19.2% | 519,3 k € | +28.2% | 405 k € | +8.5% | 373,1 k € | -0.5% | 374,8 k € |
| Debts | 58,5 k € | -39.2% | 96,3 k € | +75.6% | 54,8 k € | -1.5% | 55,6 k € | +2.3% | 54,4 k € |
| Other | |||||||||
| Workforce | 10,6 ETP | +24.7% | 8,5 ETP | +9.0% | 7,8 ETP | +11.4% | 7,0 ETP | +4.5% | 6,7 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20246 active · 16 ended
Active mandates
Cassandre Fraenkel
ActiveJohannes Knops
ActiveJean-Pierre Smyers
ActiveMichel Netens
ActiveJan Van Heuverswyn
ActiveMarianne Poncelet
ActiveEnded mandates
Fatima Abbach
EndedFatima Abbach
EndedAnne-Catherine Chevalier
EndedAnne-Catherine Chevalier
EndedOther companies at this address
Rue du Chevreuil 28 1000 Bruxelles| Company | CBE no. |
|---|---|
FRIEND'S GYM BRUXELLES● Active | 0451.273.395 |
Financials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 29/09/2025 | 22/08/2024 | 15/05/2023 | 15/05/2023 | 26/03/2021 | 30/06/2020 |
| General meeting | 24/03/2025 | 25/03/2024 | 21/03/2023 | 21/03/2022 | 17/03/2021 | 19/03/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 9 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 24/03/2025 | 29/09/2025 | Dutch | |
| Abridged model | 31/12/2023 | 25/03/2024 | 22/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 21/03/2023 | 15/05/2023 | Dutch | |
| Abridged model | 31/12/2021 | 21/03/2022 | 15/05/2023 | Dutch | |
| Abridged model | 31/12/2020 | 17/03/2021 | 26/03/2021 | Dutch | |
| Abridged model | 31/12/2019 | 19/03/2020 | 30/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 19/03/2019 | 30/06/2020 | Dutch | |
| Abridged model | 31/12/2017 | 19/03/2018 | 31/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 21/03/2017 | 23/08/2017 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20246 active · 16 ended
Active mandates
Cassandre Fraenkel
ActiveJohannes Knops
ActiveJean-Pierre Smyers
ActiveMichel Netens
ActiveJan Van Heuverswyn
ActiveMarianne Poncelet
ActiveEnded mandates
Fatima Abbach
EndedFatima Abbach
EndedAnne-Catherine Chevalier
EndedAnne-Catherine Chevalier
EndedOwnership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates20/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates28/05/2025DEMISSIONS, NOMINATIONS
- Mandates26/06/2024ONTSLAGEN - BENOEMINGEN
- Other29/01/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Other29/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates22/05/2023DEMISSIONS, NOMINATIONS
- Mandates22/05/2023ONTSLAGEN - BENOEMINGEN
- Mandates26/10/2022ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 202445,8 k €↑
- 2023Annual accounts 202328,8 k €↓
- 2022Annual accounts 202233,5 k €↑
- 2021Annual accounts 202114,9 k €↓
- 2020Annual accounts 202037 k €↑
- 2019Annual accounts 201931,4 k €↑
- 2018Annual accounts 20184,6 k €↓
- 2017Annual accounts 201747,4 k €↑
- 2016Annual accounts 20164,4 k €
- 22/12/1999IncorporationNon-profit organization