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DON MAJD

Active
Private limited companyfounded 20223 yrs activeKloosterstraat 130, 2000 Antwerpen, BelgiumKBO/BCE: BE 0792.617.880
Summary

The computed 12-month bankruptcy probability of DON MAJD is 6.1% (elevated). The 2025 annual accounts show negative equity (-€2,991) and a net result of -€21,675. Its solvency ranks better than 24% of 13683 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2023
Profitability0=
Solvency21▲+14
Growth32
Track record94
Bankruptcy probability, 12 months
6.1% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.47 against 0.54 in 2023; short-term debt: 56.9% and cash: 4.6% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-4.3%
Return on assets
-31.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2325
2023 to 2025 · latest year -€2,991
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
28 d late
2023
47 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 38 days after the deadline; the sector median for financial year 2023 is 14 days after the deadline, and 55% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 October 2022, DON MAJD was incorporated as a Private limited company.1 Of the 2 current board members, Dabrowa Karasinska Patrycja has served longest, since 2026.2 Total assets went from EUR 7,778 in 2023 to EUR 69,343 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 10-09-2026
  3. 3National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€2,991▼ 117%
2023 · -€1,379
Total assets
€69,343▲ 791%
2023 · €7,778
Net result
-€21,675▼ 542%
2023 · -€3,379
Working capital
€18,709
2023 · -€4,175
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Available amounts per fiscal year
Line20232025
Operating result-€3,176--€18,338-
Net result-€3,379within the sector's middle half--€21,675below the sector's middle half-
Equity-€1,379within the sector's middle half--€2,991below the sector's middle half-
Total assets€7,778below the sector's middle half-€69,343within the sector's middle half-
Debt€9,157-€72,334-
Working capital-€4,175within the sector's middle half-€18,709within the sector's middle half-
Solvency-17.7%below the sector's middle half--4.3%below the sector's middle half-
Current ratio0.54within the sector's middle half-1.47within the sector's middle half-
Return on assets (ROA)-43.4%below the sector's middle half--31.3%below the sector's middle half-
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2023: -€3,176-€3,176Net result 2023: -€3,379-€3,379Operating result 2025: -€18,338-€18,338Net result 2025: -€21,675-€21,67520232025-€30,000-€20,000-€10,000€0Operating result 2023: -€3,176-€3,180Net result 2023: -€3,379-€3,380Operating result 2025: -€18,338-€18,300Net result 2025: -€21,675-€21,70020232025
The operating result is -€18,338 in 2025, compared with -€3,176 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €69,343
Fixed assets €11,180 ▲ 300%
Current assets €58,163 ▲ 1,067%
Equity and liabilities
Equity-€2,991
Debt€72,334
Equity is negative: debt (€72,334) exceeds the balance-sheet total (€69,343).
Key figures and ratios
2025 value · change against 2023
EBITDA
-€14,855▼
2023 · -€2,677
Cash flow
-€18,192▼
2023 · -€2,880
Quick ratio
1.33▲
2023 · 0.27
Interest coverage
-4.45▲
2023 · -12.31
Debt ≤ 1 year
€39,454▲
2023 · €9,157
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 41 lines
Balance sheet Code20232025
Assets
Total assets20/58€7,778€69,343▲
Fixed assets21/28€2,796€11,180▲
Tangible fixed assets22/27€2,796€11,180▲
Plant, machinery and equipment23€418€9,180▲
Furniture and vehicles24€2,378€2,000▼
Current assets29/58€4,982€58,163▲
Stocks and contracts in progress3€2,500€5,742▲
Stocks30/36€2,500€5,742▲
Amounts receivable within one year40/41€1,000€35,664▲
Trade receivables40€1,000-
Other amounts receivable41-€35,664
Cash at bank and in hand54/58€1,482€3,212▲
Deferred charges and accrued income490/1-€13,545
Equity and liabilities
Total equity and liabilities10/49€7,778€69,343▲
Equity10/15-€1,379-€2,991▼
Contributions10/11€2,000€2,000=
Outside capital11€2,000-
Other1109/19€2,000-
Profit (loss) carried forward14-€3,379-€4,991▼
Amounts payable17/49€9,157€72,334▲
Amounts payable within one year42/48€9,157€39,454▲
Trade debts44€2,570€17,894▲
Suppliers440/4€2,570€17,894▲
Taxes, remuneration and social security45€6,036€21,560▲
Taxes450/3€6,036€21,560▲
Other amounts payable47/48€551-
Accrued charges and deferred income492/3-€32,880
Income statement Code20232025
Remuneration, social security and pensions62€7,672-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€499€3,483▲
Other operating charges640/8€3,122€4,455▲
Gross operating margin9900€8,117-€10,400▼
Operating profit (loss)9901-€3,176-€18,338▼
Financial income75/76B€15-
Recurring financial income75€15-
Financial charges65/66B€217€3,337▲
Recurring financial charges65€217€3,337▲
Profit (loss) for the period before taxes9903-€3,379-€21,675▼
Profit (loss) for the period9904-€3,379-€21,675▼
Profit (loss) for the period to be appropriated9905-€3,379-€21,675▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,379-€4,991▼
Profit (loss) brought forward from the previous period14P-€16,684

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232025Change
Remuneration, social security and pensions62€7,672--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€499€3,483-
Other operating charges640/8€3,122€4,455-
Gross operating margin9900€8,117-€10,400-
Operating profit (loss)9901-€3,176-€18,338-
Financial income75/76B€15--
Recurring financial income75€15--
Financial charges65/66B€217€3,337-
Recurring financial charges65€217€3,337-
Profit (loss) for the period before taxes9903-€3,379-€21,675-
Profit (loss) for the period9904-€3,379-€21,675-
Profit (loss) for the period to be appropriated9905-€3,379-€21,675-
Line20232025Change
Assets
Total assets20/58€7,778€69,343-
Fixed assets21/28€2,796€11,180-
Tangible fixed assets22/27€2,796€11,180-
Plant, machinery and equipment23€418€9,180-
Furniture and vehicles24€2,378€2,000-
Current assets29/58€4,982€58,163-
Stocks and contracts in progress3€2,500€5,742-
Stocks30/36€2,500€5,742-
Amounts receivable within one year40/41€1,000€35,664-
Trade receivables40€1,000--
Other amounts receivable41-€35,664-
Cash at bank and in hand54/58€1,482€3,212-
Deferred charges and accrued income490/1-€13,545-
Equity and liabilities
Total equity and liabilities10/49€7,778€69,343-
Equity10/15-€1,379-€2,991-
Contributions10/11€2,000€2,000-
Outside capital11€2,000--
Other1109/19€2,000--
Profit (loss) carried forward14-€3,379-€4,991-
Amounts payable17/49€9,157€72,334-
Amounts payable within one year42/48€9,157€39,454-
Trade debts44€2,570€17,894-
Suppliers440/4€2,570€17,894-
Taxes, remuneration and social security45€6,036€21,560-
Taxes450/3€6,036€21,560-
Other amounts payable47/48€551--
Accrued charges and deferred income492/3-€32,880-
Line20232025Change
Profit (loss) for the period9904-€3,379-€21,675-
+ Depreciation and write-downs630€499€3,483-
Operating cash flow (approximation)-€2,880-€18,192-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-09
State Gazette act Resignation: Ana Maria Butnarasu (director)
Appointments: Dabrowa Karasinska Patrycja (director) and Kusta Gazment (director)4 facts ▸
  • General meeting, 29-03-2026
  • Director resignation, Ana Maria Butnarasu (director)
  • Director appointment, Dabrowa Karasinska Patrycja (director)
  • Director appointment, Kusta Gazment (director)
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial Liquidity triplescurrent ratio 1.47
Current ratio from 0.54 to 1.47.
2024
16-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 directors, last change in 2026
Dabrowa Karasinska Patrycja
Director · since 01-04-2026
Current
Kusta Gazment
Director · since 01-04-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
122 m²
Building footprint
122 m²
Volume, LiDAR
1,152 m³
Parcel 11804D3491/00V004, Flanders · tallest building 20.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DON MAJD
Kloosterstraat 130, 2000 AntwerpenFood and beverage service activities
since 20222.342.944.730
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11804D3491/00V004 Flanders 122 m² 1 · 122 m² 20.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

3 people since 2026, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Dabrowa Karasinska Patrycja
  • Director, from 01-04-2026 to date
Kusta Gazment
  • Director, from 01-04-2026 to date
Ana Maria Butnarasu
  • Director, until 31-03-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.342.944.730
1 permission
Drankgelegenheid · since 01-01-2023

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 13,991 companies in this sector we hold annual accounts for 4,899. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded18-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID 0208:0792617880
Also 9925:BE0792617880
Registered 20-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.