MAHBUB
ActiveSummary
MAHBUB has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56k and a net result of €64k. Its solvency ranks better than 51% of 4352 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency76▲+15
Growth85
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.02 against 1.55 in 2023; short-term debt: 48.4% and cash: 5.9% of total assets), and 48.6% of the assets are financed with debt.
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Signals
Five 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 dateAge against the risk zone
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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Turnover
€134k▲ 32.0%
2023 · €102k
EBIT margin
56.1%▲ 13.3pp
2023 · 42.8%
Net result
€64k▲ 71.0%
2023 · €37k
Working capital
€54k▲ 159%
2023 · €21k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Turnover€102k-€134k▲ 32.0%
Operating result€44k-€75k▲ 72.9%
Net result€37k-€64k▲ 71.0%
EBIT margin42.8%-56.1%▲ 13.3pp
Equity€22k-€56k▲ 152%
Total assets€61k-€109k▲ 78.0%
Debt€39k-€53k▲ 35.9%
Working capital€21k-€54k▲ 159%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 73% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €108k
Fixed assets
€2k ▲ 27.8%
Current assets
€107k ▲ 81.5%
Equity and liabilities €109k
Equity
€56k ▲ 152%
Debt
€53k ▲ 35.9%
Debt's share of the balance-sheet total falls from 63.6% to 48.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76k▲
2023 · €44k
Cash flow
€65k▲
2023 · €38k
Current ratio
2.02▲
2023 · 1.55
Debt to equity
0.95▼
2023 · 1.75
ROE
113.6%▼
2023 · 167.1%
ROA
58.4%▼
2023 · 60.8%
Interest coverage
158.86▼
2023 · 479.70
Debt ≤ 1 year
€53k▲
2023 · €38k
Income taxes
€15k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | €102k | €134k | ▲ 32.0% |
| Goods, raw materials, services and sundry goods60/61 | €56k | €56k | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €522 | €993 | ▲ 90.1% |
| Other operating charges640/8 | €2k | €2k | ▲ 17.8% |
| Gross operating margin9900 | €46k | €78k | ▲ 71.2% |
| Operating profit (loss)9901 | €44k | €75k | ▲ 72.9% |
| Financial income75/76B | €1k | €4k | ▲ 236% |
| Recurring financial income75 | €1k | €4k | ▲ 236% |
| Financial charges65/66B | €92 | €480 | ▲ 423% |
| Recurring financial charges65 | €92 | €480 | ▲ 423% |
| Profit (loss) for the period before taxes9903 | €45k | €79k | ▲ 76.6% |
| Income taxes67/77 | €7k | €15k | ▲ 105% |
| Profit (loss) for the period9904 | €37k | €64k | ▲ 71.0% |
| Profit (loss) for the period to be appropriated9905 | €37k | €64k | ▲ 71.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €61k | €109k | ▲ 78.0% |
| Formation expenses20 | €1k | €1k | ▼ 23.6% |
| Fixed assets21/28 | €1k | €2k | ▲ 27.8% |
| Tangible fixed assets22/27 | €1k | €2k | ▲ 27.8% |
| Furniture and vehicles24 | €1k | €2k | ▲ 27.8% |
| Current assets29/58 | €59k | €107k | ▲ 81.5% |
| Amounts receivable within one year40/41 | €54k | €100k | ▲ 86.3% |
| Trade receivables40 | €8k | €9k | ▲ 8.3% |
| Other amounts receivable41 | €46k | €91k | ▲ 100% |
| Cash at bank and in hand54/58 | €5k | €6k | ▲ 33.3% |
| Deferred charges and accrued income490/1 | €231 | €197 | ▼ 14.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €61k | €109k | ▲ 78.0% |
| Equity10/15 | €22k | €56k | ▲ 152% |
| Contributions10/11 | €5k | €5k | = |
| Profit (loss) carried forward14 | €17k | €51k | ▲ 195% |
| Amounts payable17/49 | €39k | €53k | ▲ 35.9% |
| Amounts payable within one year42/48 | €38k | €53k | ▲ 39.2% |
| Trade debts44 | €117 | €6k | ▲ 4,924% |
| Suppliers440/4 | €117 | €6k | ▲ 4,924% |
| Taxes, remuneration and social security45 | €18k | €20k | ▲ 12.1% |
| Taxes450/3 | €18k | €20k | ▲ 12.1% |
| Other amounts payable47/48 | €20k | €27k | ▲ 35.0% |
| Accrued charges and deferred income492/3 | €1k | €248 | ▼ 77.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €37k | €64k | ▲ 71.0% |
| + Depreciation and write-downs630 | €522 | €993 | ▲ 90.1% |
| Operating cash flow (approximation) | €38k | €65k | ▲ 71.3% |
| Investment in fixed assets (approximation) | - | €-1k | - |
| Change in cash | - | €2k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Manage · 2 establishment units since 2023
Ground area
734 m²
Building footprint
136 m²
Volume, LiDAR
1,123 m³
3 parcels, Wallonia · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
MAHBUB
since 20232.343.583.445
Librairie
since 20252.379.541.939
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52006A0198/00P000 | Wallonia | 487 m² | 1 · 42 m² | 9.5 m · 3 fl. |
| 56057A0201/00W021 | Wallonia | 145 m² | 1 · 48 m² | 6.1 m · 2 fl. |
| 55373B0001/00K038 | Wallonia | 102 m² | 1 · 46 m² | 12.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLa Louvière2.379.541.939
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Of 4,528 companies in sector 74301 we hold annual accounts for 720. 615 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
74301Translation services
47559Retail sale of other household articles
47610Retail trade
Scores and ratios are computed by Checked and are not a credit decision.