MAB COMPANY
ActiveThe computed 12-month bankruptcy probability of MAB COMPANY is 7.5% (elevated). The 2024 annual accounts show equity of €6k and a net result of €2k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 5650 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
76
/ 100
Excellent▲ +51 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency23▲+9
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
7.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.89 in 2023), and 84.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
6 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
15.7%
Return on assets
6.6%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
31 d late
2022
32 d late
2021
46 d late
2020
81 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€6k▲ 72.6%
2023 · €3k
2022: €4k
2023: €3k
2022 → 2024
Total assets
€35k▼ 13.6%
2023 · €41k
2022: €39k
2023: €41k
2022 → 2024
Net result
€2k
2023 · €-1k
2022: €8k
2023: €-1k
2022 → 2024
Working capital
€3k
2023 · €-4k
2022: €-10k
2023: €-4k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€4k-€3k▼ 26.3%€6k▲ 72.6%
Operating result€8k-€-1k€5k
Net result€8k-€-1k€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5k after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €35k
Fixed assets
€3k▼ 49.8%
Current assets
€32k▼ 3.4%
Equity and liabilities €35k
Equity
€6k▲ 72.6%
Debt
€30k▼ 21.0%
The debt ratio falls from 92.1% to 84.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€11k▲
2023 · €3k
Cash flow
€9k▲
2023 · €3k
Solvency
15.7%▲
2023 · 7.9%
Current ratio
1.08▲
2023 · 0.89
Quick ratio
1.08▲
2023 · 0.89
Debt / equity
5.36▼
2023 · 11.71
ROE
42.1%▲
2023 · -35.7%
ROA
6.6%▲
2023 · -2.8%
Interest coverage
84.67▲
2023 · 83.07
Debt
€30k▼
2023 · €38k
Debt ≤ 1 year
€30k▼
2023 · €38k
Income taxes
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Total assets
20/58€35k
Fixed assets
21/28€3k
Intangible fixed assets
21€152
Tangible fixed assets
22/27€3k
Current assets
29/58€32k
Amounts receivable within one year
40/41€446
Cash & bank
54/58€32k
Total equity & liabilities
10/49€35k
Equity
10/15€6k
Contributions / capital
10/11€3k
Accumulated profits (losses)
14€3k
Amounts payable
17/49€30k
Amounts payable within one year
42/48€30k
Trade debts payable within one year
44€7k
Income statement
Code2024
Gross operating margin
9900€12k
Operating result
9901€5k
Financial income
75€11
Financial charges
65€128
Result before taxes
9903€5k
Income taxes
67/77€2k
Net result for the period
9904€2k
Result to be appropriated
9905€2k
This is the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-1k ▼115%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
15-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 46 days late
2021
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 81 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
USKUDAR
BE 0800.687.587
Zaventem · Eq €6k
RESTAURANT MARCONI
BE 0794.539.173
Brussel · Eq €6k
LIEWIE
BE 0640.911.266
Gent · Eq €6k
NOUMIDIA RESTO
BE 0684.534.938
Turnhout · Eq €6k
DEN TWEELING
BE 0787.876.065
Merksplas · Eq €6k
Of 20,318 companies in sector 56111 we hold annual accounts for 10,382. 4,488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2020
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 04-09-2026. Scores and ratios are computed by Checked and are not a credit decision.