MAHDAOUI
ActiveMAHDAOUI has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €16k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 80% of 4472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +38 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+71
Solvency100▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.38 against 2.06 in 2024), and 28.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.8%
Return on assets
10.2%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
14 d late
2023
21 d late
2022
29 d late
2021
30 d late
2020
75 d late
2019
119 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€111k▲ 16.5%
2024 · €95k
2018: €23k
2019: €36k
2020: €49k
2021: €73k
2022: €79k
2023: €99k
2024: €95k
2018 → 2025
Total assets
€154k▼ 16.5%
2024 · €185k
2018: €36k
2019: €50k
2020: €61k
2021: €84k
2022: €99k
2023: €114k
2024: €185k
2018 → 2025
Net result
€16k
2024 · €-4k
2018: €-34k
2019: €13k
2020: €13k
2021: €24k
2022: €6k
2023: €20k
2024: €-4k
2018 → 2025
Working capital
€103k▲ 8.9%
2024 · €95k
2018: €17k
2019: €36k
2020: €49k
2021: €76k
2022: €83k
2023: €99k
2024: €95k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€79k▲ 8.4%€99k▲ 25.4%€95k▼ 4.2%€111k▲ 16.5%
Operating result€25k-€6k▼ 73.6%€21k▲ 227%€-3k€17k
Net result€24k-€6k▼ 74.7%€20k▲ 227%€-4k€16k
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 2025: €17k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €154k
Fixed assets
€7k
Current assets
€147k
Equity and liabilities €154k
Equity
€111k▲ 16.5%
Debt
€44k▼ 51.4%
The debt ratio falls from 48.5% to 28.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€18k
Cash flow
€17k
Solvency
71.8%▲
2024 · 51.5%
Current ratio
3.38▲
2024 · 2.06
Quick ratio
3.38▲
2024 · 2.06
Debt / equity
0.39▼
2024 · 0.94
ROE
14.2%▲
2024 · -4.3%
ROA
10.2%▲
2024 · -2.2%
Interest coverage
18.52
Debt
€44k▼
2024 · €90k
Debt ≤ 1 year
€44k▼
2024 · €90k
Staff costs
€86k▼
2024 · €88k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€185k€154k▼
Fixed assets21/28-€7k
Tangible fixed assets22/27-€7k
Furniture and vehicles24-€7k
Current assets29/58€185k€147k▼
Amounts receivable within one year40/41€168k€129k▼
Trade receivables40€126k€100k▼
Other amounts receivable41€41k€29k▼
Cash at bank and in hand54/58€12k€18k▲
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€185k€154k▼
Equity10/15€95k€111k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€74k€90k▲
Amounts payable17/49€90k€44k▼
Amounts payable within one year42/48€90k€44k▼
Current portion of amounts payable after more than one year42€1k€10k▲
Financial debts43€2k€2k▼
Credit institutions430/8€2k€2k▼
Trade debts44€73k€19k▼
Suppliers440/4€73k€19k▼
Taxes, remuneration and social security45€13k€13k▼
Taxes450/3€378€756▲
Remuneration and social security454/9€13k€12k▼
Income statement
Code20242025
Remuneration, social security and pensions62€88k€86k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€58€2k▲
Gross operating margin9900€85k€107k▲
Operating profit (loss)9901€-3k€17k▲
Financial charges65/66B€1k€990▼
Recurring financial charges65€1k€990▼
Profit (loss) for the period before taxes9903€-4k€16k▲
Profit (loss) for the period9904€-4k€16k▲
Profit (loss) for the period to be appropriated9905€-4k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€90k▲
Profit (loss) brought forward from the previous period14P€78k€74k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Equity above €100kEq €111k ▲16.5%
Equity rises from €95k to €111k.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €24k ▲90.7%
Operating result €25k, net result €24k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 10.19
Current ratio from 4.84 to 10.19; short-term debt falls from €13k to €8k.
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 75 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Brussel · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stalingradlaan 981000 BrusselGround area
527 m²
Building footprint
452 m²
Volume, LiDAR
5,965 m³
Parcel 21809K0185/00G003, Brussels · tallest building 21.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Stalingradlaan 98, 1000 Brussel
since 19912.053.539.488
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0185/00G003 | Brussels | 527 m² | 1 · 452 m² | 21.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
MALIK NWK
BE 0823.908.102
Lier · Eq €111k
THAWMAT
BE 0689.902.206
Anderlecht · Eq €111k
I.N.T BUSINESS
BE 0834.945.019
Wavre · Eq €110k
M-ROLLS
BE 0792.528.701
Brussel · Eq €112k
TAXIS EUROPA
BE 0460.946.572
Sint-Jans-Molenbeek · Eq €110k
Of 6,625 companies in sector 49330 we hold annual accounts for 2,254. 1,528 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-1991
Fiscal year end31-12
Activities, NACEBEL
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
49310Scheduled passenger transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.