EL MEZAN
ActiveSummary
The computed 12-month bankruptcy probability of EL MEZAN is 2.0% (moderate). The 2025 annual accounts show equity of €26k and a net result of €2k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 1544 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
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-15
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 5.96 against 4.74 in 2024; short-term debt: 16.8% and cash: 95.7% of total assets), and 16.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.2%
Return on assets
4.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
23 d early
2024
26 d late
2023
30 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▲ 6.2%
2024 · €24k
2023: €21k
2024: €24k
2023 → 2025
Total assets
€31k▲ 0.7%
2024 · €31k
2023: €27k
2024: €31k
2023 → 2025
Net result
€2k▼ 56.2%
2024 · €3k
2023: €993
2024: €3k
2023 → 2025
Working capital
€26k▲ 6.2%
2024 · €24k
2023: €21k
2024: €24k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€21k-€24k▲ 16.5%€26k▲ 6.2%
Operating result€1k-€4k▲ 196%€2k▼ 62.2%
Net result€993-€3k▲ 248%€2k▼ 56.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €31k
Equity
€26k ▲ 6.2%
Debt
€5k ▼ 19.9%
Debt's share of the balance-sheet total falls from 21.1% to 16.8%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
5.96▲
2024 · 4.74
Debt to equity
0.20▼
2024 · 0.27
ROE
5.8%▼
2024 · 14.2%
ROA
4.9%▼
2024 · 11.2%
Debt ≤ 1 year
€5k▼
2024 · €7k
Income taxes
€97▼
2024 · €797
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€31k€31k▲
Current assets29/58€31k€31k▲
Amounts receivable within one year40/41€636€503▼
Trade receivables40€585€335▼
Other amounts receivable41€51€168▲
Cash at bank and in hand54/58€30k€30k▼
Deferred charges and accrued income490/1-€842
Equity and liabilities
Total equity and liabilities10/49€31k€31k▲
Equity10/15€24k€26k▲
Contributions10/11€20k€20k=
Reserves13€4k€6k▲
Distributable reserves133€4k€6k▲
Amounts payable17/49€7k€5k▼
Amounts payable within one year42/48€7k€5k▼
Trade debts44-€361
Suppliers440/4-€361
Taxes, remuneration and social security45€1k€0▼
Taxes450/3€1k€0▼
Other amounts payable47/48€5k€5k▼
Income statement
Code20242025
Other operating charges640/8€619€1k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€5k€3k▼
Operating profit (loss)9901€4k€2k▼
Financial charges65/66B€24€6▼
Recurring financial charges65€24€6▼
Profit (loss) for the period before taxes9903€4k€2k▼
Income taxes67/77€797€97▼
Profit (loss) for the period9904€3k€2k▼
Profit (loss) for the period to be appropriated9905€3k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€2k▼
Transfer to equity691/2€3k€2k▼
To other reserves6921€3k€2k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2023net €3k ▲248%
Operating result €4k, net result €3k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koekoekstraat 608793 WaregemGround area
423 m²
Building footprint
202 m²
Volume, LiDAR
808 m³
Parcel 34035A0253/00D000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EL MEZAN
since 20222.338.595.170
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34035A0253/00D000 | Flanders | 423 m² | 1 · 202 m² | 7.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaregem2.338.595.170
Similar companies · same sector, comparable size
Desembrood & Co
BE 0736.619.780
Gent · Eq €25,980
MJ Company
BE 0799.995.919
Antwerpen · Eq €25,954
Bakkerij Marc & Katrien
BE 0834.594.532
Oostkamp · Eq €25,950
AU FLAN BRETON PRODUCTION
BE 0438.402.188
Tervuren · Eq €25,999
FIDELE BOUVEROUX
BE 0765.855.976
Flémalle · Eq €26,085
Of 4,226 companies in sector 10712 we hold annual accounts for 1,870. 1,358 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
10711Manufacture of food products
10720Manufacture of food products
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95316Washing and cleaning of motor vehicles
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
47210Retail sale of fruit and vegetables
47241Retail sale of bread and pastry (bakery outlets)
49330On-demand passenger transport by chauffeured vehicle
52250Logistics services
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.