Skip to content

MABALAIS

Active
Private limited companyfounded 20251 yr activeBremstraat 13, 9920 Lievegem, BelgiumKBO/BCE: BE 1018.645.795
Summary

MABALAIS has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2,933) and a net result of -€5,433. Its solvency ranks better than 14% of 3505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes
Profitability37
Solvency21
Growth-
Track record67
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.59; short-term debt: 29.9% and cash: 15.4% of total assets), but equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 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
-3.6%
Return on assets
-6.6%
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
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 30-06-2026, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
31 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 13 January 2025, MABALAIS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
-€2,933
Total assets
€81,814
Net result
-€5,433
Working capital
€14,483

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €81,814
Fixed assets €42,837
Current assets €38,978
Key figures and ratios
2025 value
EBITDA
€7,183
Cash flow
€4,476
Solvency
-3.6%
Current ratio
1.59
Debt to equity
-28.89
ROA
-6.6%
Interest coverage
3.21
Debt
€84,747
Debt ≤ 1 year
€24,495
Debt > 1 year
€58,989
Income taxes
€471

Peer companies

Historical observation

Of the 232 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a small loss
1.7% went bankrupt
1.7% stopped otherwise
96% still going

A further 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 232 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 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€81,814
Fixed assets21/28€42,837
Tangible fixed assets22/27€42,837
Furniture and vehicles24€42,837
Current assets29/58€38,978
Amounts receivable within one year40/41€23,005
Trade receivables40€22,476
Other amounts receivable41€529
Cash at bank and in hand54/58€12,588
Deferred charges and accrued income490/1€3,384
Equity and liabilities
Total equity and liabilities10/49€81,814
Equity10/15-€2,933
Contributions10/11€2,500
Profit (loss) carried forward14-€5,433
Amounts payable17/49€84,747
Amounts payable after more than one year17€58,989
Financial debts170/4€58,989
Amounts payable within one year42/48€24,495
Current portion of amounts payable after more than one year42€18,300
Trade debts44€2,702
Suppliers440/4€2,702
Taxes, remuneration and social security45€2,798
Taxes450/3€2,798
Other amounts payable47/48€695
Accrued charges and deferred income492/3€1,264
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,909
Other operating charges640/8€1,166
Gross operating margin9900€8,349
Operating profit (loss)9901-€2,726
Financial charges65/66B€2,236
Recurring financial charges65€2,236
Profit (loss) for the period before taxes9903-€4,962
Income taxes67/77€471
Profit (loss) for the period9904-€5,433
Profit (loss) for the period to be appropriated9905-€5,433
Appropriation of the result
Profit (loss) to be appropriated9906-€5,433

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,909
Other operating charges640/8€1,166
Gross operating margin9900€8,349
Operating profit (loss)9901-€2,726
Financial charges65/66B€2,236
Recurring financial charges65€2,236
Profit (loss) for the period before taxes9903-€4,962
Income taxes67/77€471
Profit (loss) for the period9904-€5,433
Profit (loss) for the period to be appropriated9905-€5,433
Line2025
Assets
Total assets20/58€81,814
Fixed assets21/28€42,837
Tangible fixed assets22/27€42,837
Furniture and vehicles24€42,837
Current assets29/58€38,978
Amounts receivable within one year40/41€23,005
Trade receivables40€22,476
Other amounts receivable41€529
Cash at bank and in hand54/58€12,588
Deferred charges and accrued income490/1€3,384
Equity and liabilities
Total equity and liabilities10/49€81,814
Equity10/15-€2,933
Contributions10/11€2,500
Profit (loss) carried forward14-€5,433
Amounts payable17/49€84,747
Amounts payable after more than one year17€58,989
Financial debts170/4€58,989
Amounts payable within one year42/48€24,495
Current portion of amounts payable after more than one year42€18,300
Trade debts44€2,702
Suppliers440/4€2,702
Taxes, remuneration and social security45€2,798
Taxes450/3€2,798
Other amounts payable47/48€695
Accrued charges and deferred income492/3€1,264
Line2025
Profit (loss) for the period9904-€5,433
+ Depreciation and write-downs630€9,909
Operating cash flow (approximation)€4,476

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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

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, Lievegem · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
823 m²
Building footprint
226 m²
Volume, LiDAR
777 m³
Parcel 44036A1787/00D003, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MABALAIS
Bremstraat 13, 9920 LievegemManufacture of furniture
since 20252.368.604.101
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44036A1787/00D003 Flanders 823 m² 1 · 226 m² 5.5 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 750 EUR awarded · 750 EUR paid
Year Entries awardedpaid
2025 1 750 EUR750 EUR
Schemes
1 entry · 750 EUR · 750 EUR paid · Fonds voor Innoveren en Ondernemen

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 1,236 companies in sector 74140 we hold annual accounts for 353. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
74140Other specialised design activities
31009Manufacture of furniture
43320Joinery installation
71121Engineering and related technical consultancy, excluding land surveyors
85599Other education
86931Psychology services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018645795
Also 9925:BE1018645795
Registered 21-01-2025

Register as of 27 September 2026 · Peppol Directory

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