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M.A.U.L.

Active
Public limited companyfounded 199432 years activeRue des Fauvettes 28, 6110 Montigny-le-Tilleul, BelgiumKBO/BCE: BE 0452.380.680
Summary

The computed 12-month bankruptcy probability of M.A.U.L. is 2.5% (moderate). The 2024 annual accounts show equity of €58,415 and a net result of €3,448. Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known
Size
€24,053turnover 2024
Equity
€58,415
Profit
€3,448
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.5%
Structure
Accounts 69 days overdue1 of 4 deeds read
Why 53- Figures for FY 2024 (filed 30-12-2025)- No establishment unit in the KBO+ Founded in 1994+ Size: turnover €24,053, total assets €86,583Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 53% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Strong
Solvency 92+6
equity 67.5% of total assets
Liquidity 41+8
short-term debt 32.5% · cash 4.3%
Profitability 82=
return on assets 4.0%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 3.2% 12-2024: 1.5%▼ -1.7 percentage points vs 11-2024 01-2025: 1.4%▼ -0.1 percentage points vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.5%▲ +0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.2 percentage points vs 06-2025 08-2025: 2.2%▲ +0.5 percentage points vs 07-2025 09-2025: 2.5%▲ +0.3 percentage points vs 08-2025 10-2025: 3.5%▲ +1.0 percentage point vs 09-2025 11-2025: 3.6%▲ +0.1 percentage points vs 10-2025 12-2025: 4.8%▲ +1.2 percentage points vs 11-2025highest value 01-2026: 1.3%▼ -3.5 percentage points vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.1%▼ -0.2 percentage points vs 05-2026lowest value 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%● unchanged vs 08-2026 10-2026: 2.5%▲ +0.8 percentage points vs 09-2026
Credit up to €2,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.2 against 0.08 in 2023; short-term debt: 32.5% and cash: 4.3% of total assets), and 32.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 56% on solvency, 24% on liquidity, 66% on profitability and 67% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk
lowers risk · Founded in 1994
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: turnover €24,053, total assets €86,583
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 30-12-2025)
NBB · annual accounts
raises risk · No establishment unit in the KBO
KBO · seat and establishments
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €58,415
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
152 days late
2023
101 days late
2022
151 days late
2021
105 days late
2020
151 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 115 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Appointments: Berkhoff Garcia, Maria Dolores (director…Resignation: LAURENT Thierry (director) ·…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Highest result since 2018net €3,448 ▲35.3%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • New directorslatest change 25-01-2026 · 1 in office 2 joined View
  • Active since 1994founded 21-03-1994 32 years View

By topic

Financials

Fiscal year
2024
Turnover
€24,053
Profit
€3,448
Solvency
67.5%
Turnover▲ 7.3%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 09-11-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 29-12-2023Annual accounts filed
Go to Timeline

Company details

Legal form
Public limited company
Founded
21-03-1994
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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