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Mabajaat

Active
Private limited companyfounded 20223 yrs activeFonteinstraat (U) 13, 9290 Berlare, BelgiumKBO/BCE: BE 0794.500.175
Summary

Mabajaat has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,456 and a net result of €30,490. Equity is growing by ~38.6% per year across the filed fiscal years. Its solvency ranks better than 93% of 1562 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability99▼-1
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 12.62 against 7.74 in 2024; short-term debt: 7.4% and cash: 83.6% of total assets), and 8.1% of the assets are financed with debt.
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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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
91.9%
Return on assets
24.1%
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 10-06-2026, 51 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
51 d early
2024
37 d early
2023
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% 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. Usually files around 24 June (3 of the last 3 filed years within 30 days of that day).
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 7 December 2022, Mabajaat was incorporated as a Private limited company.1 Total assets went from €74,933 in 2023 to €126,680 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€116,456▲ 35.5%
2024 · €85,966
Total assets
€126,680▲ 29.5%
2024 · €97,837
Net result
€30,490▼ 14.9%
2024 · €35,827
Working capital
€108,930▲ 46.2%
2024 · €74,497
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 59, Motion picture, video and television programme production, sound recording and music publishing 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).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€66,378-€51,363▼ 22.6%€43,528▼ 15.3%
Net result€46,139above the sector's middle half-€35,827above the sector's middle half▼ 22.3%€30,490above the sector's middle half▼ 14.9%
Equity€50,139within the sector's middle half-€85,966within the sector's middle half▲ 71.5%€116,456above the sector's middle half▲ 35.5%
Total assets€74,933within the sector's middle half-€97,837within the sector's middle half▲ 30.6%€126,680within the sector's middle half▲ 29.5%
Debt€24,794-€11,871▼ 52.1%€10,224▼ 13.9%
Working capital€34,725within the sector's middle half-€74,497within the sector's middle half▲ 115%€108,930above the sector's middle half▲ 46.2%
Solvency66.9%within the sector's middle half-87.9%above the sector's middle half▲ 21.0pp91.9%above the sector's middle half▲ 4.1pp
Current ratio2.45within the sector's middle half-7.74above the sector's middle half▲ 5.3012.62above the sector's middle half▲ 4.88
Return on assets (ROA)61.6%above the sector's middle half-36.6%above the sector's middle half▼ 25.0pp24.1%above the sector's middle half▼ 12.6pp
above within below the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing 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
€0€20,000€40,000€60,000Operating result 2023: €66,378€66,378Net result 2023: €46,139€46,139Operating result 2024: €51,363€51,363Net result 2024: €35,827€35,827Operating result 2025: €43,528€43,528Net result 2025: €30,490€30,490202320242025€0€20,000€40,000€60,000Operating result 2023: €66,378€66,400Net result 2023: €46,139€46,100Operating result 2024: €51,363€51,400Net result 2024: €35,827€35,800Operating result 2025: €43,528€43,500Net result 2025: €30,490€30,500202320242025
The operating result has fallen two years in a row; 2025 is 15% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126,680
Fixed assets €8,378 ▼ 31.8%
Current assets €118,302 ▲ 38.3%
Equity and liabilities €126,680
Equity €116,456 ▲ 35.5%
Debt €10,224 ▼ 13.9%
Debt's share of the balance-sheet total falls from 12.1% to 8.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€47,443▼
2024 · €55,277
Cash flow
€34,405▼
2024 · €39,741
Debt to equity
0.09▼
2024 · 0.14
ROE
26.2%▼
2024 · 41.7%
Interest coverage
140.54▲
2024 · 76.45
Debt ≤ 1 year
€9,372▼
2024 · €11,048
Income taxes
€12,703▼
2024 · €14,813
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,341 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 39,278 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 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€97,837€126,680▲
Fixed assets21/28€12,292€8,378▼
Tangible fixed assets22/27€12,292€8,378▼
Furniture and vehicles24€12,292€8,378▼
Current assets29/58€85,544€118,302▲
Amounts receivable within one year40/41€5,278€10,833▲
Trade receivables40€4,241€7,499▲
Other amounts receivable41€1,037€3,334▲
Cash at bank and in hand54/58€79,170€105,941▲
Deferred charges and accrued income490/1€1,096€1,528▲
Equity and liabilities
Total equity and liabilities10/49€97,837€126,680▲
Equity10/15€85,966€116,456▲
Contributions10/11€4,000€4,000=
Reserves13€81,966€112,456▲
Distributable reserves133€81,966€112,456▲
Amounts payable17/49€11,871€10,224▼
Amounts payable within one year42/48€11,048€9,372▼
Trade debts44€243€570▲
Suppliers440/4€243€570▲
Taxes, remuneration and social security45€5,736€8,074▲
Taxes450/3€5,736€8,074▲
Other amounts payable47/48€5,068€728▼
Accrued charges and deferred income492/3€823€852▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,914€3,915=
Other operating charges640/8€141€352▲
Gross operating margin9900€55,417€47,795▼
Operating profit (loss)9901€51,363€43,528▼
Financial income75/76B€0€3▲
Recurring financial income75€0€3▲
Financial charges65/66B€723€338▼
Recurring financial charges65€723€338▼
Profit (loss) for the period before taxes9903€50,640€43,194▼
Income taxes67/77€14,813€12,703▼
Profit (loss) for the period9904€35,827€30,490▼
Profit (loss) for the period to be appropriated9905€35,827€30,490▼
Appropriation of the result
Profit (loss) to be appropriated9906€35,827€30,490▼
Transfer to equity691/2€35,827€30,490▼
To other reserves6921€35,827€30,490▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,960€3,914€3,915=
Other operating charges640/8€473€141€352▲ 150%
Gross operating margin9900€69,810€55,417€47,795▼ 13.8%
Operating profit (loss)9901€66,378€51,363€43,528▼ 15.3%
Financial income75/76B-€0€3▲ 4,883%
Recurring financial income75-€0€3▲ 4,883%
Financial charges65/66B€1,095€723€338▼ 53.3%
Recurring financial charges65€1,095€723€338▼ 53.3%
Profit (loss) for the period before taxes9903€65,282€50,640€43,194▼ 14.7%
Income taxes67/77€19,144€14,813€12,703▼ 14.2%
Profit (loss) for the period9904€46,139€35,827€30,490▼ 14.9%
Profit (loss) for the period to be appropriated9905€46,139€35,827€30,490▼ 14.9%
Line202320242025Change
Assets
Total assets20/58€74,933€97,837€126,680▲ 29.5%
Fixed assets21/28€16,206€12,292€8,378▼ 31.8%
Tangible fixed assets22/27€16,206€12,292€8,378▼ 31.8%
Furniture and vehicles24€16,206€12,292€8,378▼ 31.8%
Current assets29/58€58,726€85,544€118,302▲ 38.3%
Amounts receivable within one year40/41€10,344€5,278€10,833▲ 105%
Trade receivables40€10,344€4,241€7,499▲ 76.8%
Other amounts receivable41-€1,037€3,334▲ 221%
Cash at bank and in hand54/58€35,367€79,170€105,941▲ 33.8%
Deferred charges and accrued income490/1€13,015€1,096€1,528▲ 39.4%
Equity and liabilities
Total equity and liabilities10/49€74,933€97,837€126,680▲ 29.5%
Equity10/15€50,139€85,966€116,456▲ 35.5%
Contributions10/11€4,000€4,000€4,000=
Reserves13€46,139€81,966€112,456▲ 37.2%
Distributable reserves133€46,139€81,966€112,456▲ 37.2%
Amounts payable17/49€24,794€11,871€10,224▼ 13.9%
Amounts payable within one year42/48€24,001€11,048€9,372▼ 15.2%
Trade debts44€180€243€570▲ 134%
Suppliers440/4€180€243€570▲ 134%
Taxes, remuneration and social security45€13,733€5,736€8,074▲ 40.8%
Taxes450/3€13,733€5,736€8,074▲ 40.8%
Other amounts payable47/48€10,088€5,068€728▼ 85.6%
Accrued charges and deferred income492/3€793€823€852▲ 3.5%
Line202320242025Change
Profit (loss) for the period9904€46,139€35,827€30,490▼ 14.9%
+ Depreciation and write-downs630€2,960€3,914€3,915=
Operating cash flow (approximation)€49,098€39,741€34,405▼ 13.4%
Investment in fixed assets (approximation)-€0-€1-
Change in cash-€43,803€26,771▼ 38.9%

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
10-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €30,490 ▼14.9%
Net result drops to €30,490, the lowest in the series.
31-12
Financial Equity above €100,000Eq €116,456 ▲35.5%
3 profitable years in a row build equity to €116,456.
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity triplescurrent ratio 7.74
Current ratio from 2.45 to 7.74; short-term debt falls from €24,001 to €11,048.
24-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
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.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Berlare · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
348 m²
Building footprint
88 m²
Volume, LiDAR
444 m³
Parcel 42022A0325/00M002, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mabajaat
Fonteinstraat (U) 13, 9290 BerlareReal estate development
since 2022unit no. 2.338.764.030
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42022A0325/00M002 Flanders 347 m² 1 · 88 m² 8.2 m · 2 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.

Similar companies · same sector, comparable size

Of 519 companies in this sector we hold annual accounts for 245. 186 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded07-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
59114Motion picture, video and television programme production, sound recording and music publishing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794500175
Also 9925:BE0794500175
Registered 02-09-2023

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

Register as of 1 October 2026 · Peppol Directory

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