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Mahaan

Active
Private limited companyfounded 2021active for 5 yearsde Merodelei 85, 2300 Turnhout, BelgiumKBO/BCE: BE 0774.285.276
Summary

Mahaan has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,769 and a net result of €471. Equity has been growing by about 24% per year since 2022. Its solvency ranks better than 95% of 22,793 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 17-09-2021 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
Establishment unit
2.322.495.051 2300 Turnhout, since 17-09-2021
Financial year end
31 December
Peppol
Reachable

Board and ownership

Shareholders
  • BATTA Lohitact of 21-09-2021

Financial position

71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€15,287
▲ 3.5%
Turnover
≈ €450,000
estimated
Profit
€471
▼ 95.1%
Equity
€37,769
▲ 1.3%
Total assets
€41,745
▼ 9.1%
Staff
≈ 0.3 FTE
estimated
Score breakdownraises riskSize: total assets €41,7451 of the last 3 accounts latelowers riskLiquidity: current ratio 11.44, cash €11,272Equity €37,769 (90.5% of total assets)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 63% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 90.5% of total assets
Liquidity 84-3
short-term debt 8.4% · cash 27.0%
Profitability 40-49
return on assets 1.1%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,278 companies, NACE 47, micro)
Last 24 months 12-2024: 3.6% 01-2025: 3.6%● unchanged vs 12-2024 02-2025: 3.5%▼ -0.1 percentage points vs 01-2025 03-2025: 3.6%▲ +0.1 percentage points vs 02-2025 04-2025: 4.4%▲ +0.8 percentage points vs 03-2025 05-2025: 4.2%▼ -0.2 percentage points vs 04-2025 06-2025: 4.4%▲ +0.2 percentage points vs 05-2025 07-2025: 4.5%▲ +0.1 percentage points vs 06-2025 08-2025: 5.2%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 1.0%▼ -4.2 percentage points vs 08-2025 10-2025: 0.6%▼ -0.4 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%▼ -0.2 percentage points vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 11.44 (5.14 in 2024), above the usual 1.5. Short-term debt is 8.4% and cash 27% of total assets. 9.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 47, micro). It does better than 92% of them on solvency, 87% on liquidity, 30% on profitability and 43% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 11.44, cash €11,272
NBB · annual accounts
raises risk · Size: total assets €41,745
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €37,769 (90.5% of total assets)
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
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 23-06-2026, 38 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
38 days early
2024
26 days late
2023
55 days late
2022
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 2 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (3 of the last 4 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 94% of companies in retail tradesector median 33.2% · 22,793 companies 90.5% View

Recent changes

  1. · Gazette deed Appointment: Satwant Singh Dhaliwal (director)
  2. · Gazette deed Registered office moved from Mechelen to TurnhoutNew seat: Merodelei 85, 2300 Turnhout · Previous seat: Jubellaan 59, 2800 Mechelen
  3. · Gazette deed IncorporationFounder: BATTA Lohit · Founding capital of €2,000, 100 shares · Appointment: BATTA Lohit (director)
All 10 events

Comparable companies

These companies have the same main activity as Mahaan: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €41,500 and €50,600, founded between 2020 and 2021.

CompanyTotal assetsGross margin
Mahaan Turnhout€41,745€15,287
Health Oase Antwerpen€46,488€15,232
PAZZI Ans€42,251€17,015
K&P VIRK Kapelle-op-den-Bos€41,528€16,722
KHAN SONS ENTERPRISE Mons€44,209€12,823
CHAMAN Namur€47,305€13,223
MAI BUSINESS Tielt€50,573€15,047
Full comparison

Key facts about Mahaan

What is the company number of Mahaan?
The company number of Mahaan is 0774.285.276. The VAT number is the same number with BE in front: BE 0774.285.276.
Where is Mahaan based?
The registered office is at de Merodelei 85, 2300 Turnhout.Company details
What does Mahaan do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of Mahaan?
The legal form of Mahaan is Private limited company (BV).
When was Mahaan founded?
Mahaan was founded on 17-09-2021.
Is Mahaan still active?
Yes, Mahaan is an active enterprise in the KBO register.
What is the turnover of Mahaan?
The turnover in financial year 2025 is ≈ €450,000. This figure is estimated from the gross margin of €15,287 and 305 comparable companies (NACE 47110). It probably lies between €230,000 and €800,000. It is a rough estimate.Financials
Is Mahaan profitable?
In financial year 2025, Mahaan made a profit of €471.
Where can I find the annual accounts of Mahaan?
Mahaan filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Mahaan due?
Mahaan must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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