MAHI S
ActiveSummary
The computed 12-month bankruptcy probability of MAHI S is 5.3% (elevated). The 2024 annual accounts show negative equity (€-22k) and a net result of €-16k. Equity is shrinking by ~200.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 26043 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Age of the figures
Age of the figures
21 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-22k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-05-2025, 73 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
73 d early
2023
21 d late
2022
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€124k
EBIT margin
0.7%
Net result
€-16k▼ 113%
2023 · €-8k
2022: €661highest in 3 years
2023: €-8k▼ -1250% vs 2022
2024: €-16k▼ -113% vs 2023lowest in 3 years
2022 → 2024
Working capital
€-22k▼ 273%
2023 · €-6k
2022: €2khighest in 3 years
2023: €-6k▼ -458% vs 2022
2024: €-22k▼ -273% vs 2023lowest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€124k-
Equity€2k-€-6k€-22k▼ 273%
2022: €2khighest in 3 years
2023: €-6k▼ -458% vs 2022
2024: €-22k▼ -273% vs 2023lowest in 3 years
Operating result€846-€-8k€-16k▼ 114%
2022: €846highest in 3 years
2023: €-8k▼ -992% vs 2022
2024: €-16k▼ -114% vs 2023lowest in 3 years
Net result€661-€-8k€-16k▼ 113%
2022: €661highest in 3 years
2023: €-8k▼ -1250% vs 2022
2024: €-16k▼ -113% vs 2023lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2024 against €8k in 2023; the loss grows and 2024 has the lowest result in the available series.
Key figures and ratios
Debt
€25k▼
2023 · €28k
Debt ≤ 1 year
€25k▼
2023 · €28k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet
Code20232024
Assets
Total assets20/58€22k€3k▼
Current assets29/58€22k€3k▼
Stocks and contracts in progress3€22k€1k▼
Stocks30/36€22k€1k▼
Amounts receivable within one year40/41-€1k
Other amounts receivable41-€1k
Cash at bank and in hand54/58€131€569▲
Equity and liabilities
Total equity and liabilities10/49€22k€3k▼
Equity10/15€-6k€-22k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€-7k€-23k▼
Amounts payable17/49€28k€25k▼
Amounts payable within one year42/48€28k€25k▼
Trade debts44€6k€6k▼
Suppliers440/4€6k€6k▼
Taxes, remuneration and social security45€22k€19k▼
Taxes450/3€267€134▼
Remuneration and social security454/9€22k€19k▼
Income statement
Code20232024
Other operating charges640/8€605-
Gross operating margin9900€-7k€-16k▼
Operating profit (loss)9901€-8k€-16k▼
Financial charges65/66B€55€57▲
Recurring financial charges65€55€57▲
Profit (loss) for the period before taxes9903€-8k€-16k▼
Profit (loss) for the period9904€-8k€-16k▼
Profit (loss) for the period to be appropriated9905€-8k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-23k▼
Profit (loss) brought forward from the previous period14P€661€-7k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €124k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €127k | - | - | - |
| Other operating charges640/8 | €545 | €605 | - | - |
| Gross operating margin9900 | €1k | €-7k | €-16k | ▼ 133% |
| Operating profit (loss)9901 | €846 | €-8k | €-16k | ▼ 114% |
| Financial charges65/66B | €20 | €55 | €57 | ▲ 4.1% |
| Recurring financial charges65 | €20 | €55 | €57 | ▲ 4.1% |
| Profit (loss) for the period before taxes9903 | €826 | €-8k | €-16k | ▼ 113% |
| Income taxes67/77 | €165 | - | - | - |
| Profit (loss) for the period9904 | €661 | €-8k | €-16k | ▼ 113% |
| Profit (loss) for the period to be appropriated9905 | €661 | €-8k | €-16k | ▼ 113% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €12k | €22k | €3k | ▼ 86.1% |
| Current assets29/58 | €12k | €22k | €3k | ▼ 86.1% |
| Stocks and contracts in progress3 | €12k | €22k | €1k | ▼ 95.1% |
| Stocks30/36 | €12k | €22k | €1k | ▼ 95.1% |
| Amounts receivable within one year40/41 | - | - | €1k | - |
| Other amounts receivable41 | - | - | €1k | - |
| Cash at bank and in hand54/58 | €390 | €131 | €569 | ▲ 335% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €12k | €22k | €3k | ▼ 86.1% |
| Equity10/15 | €2k | €-6k | €-22k | ▼ 273% |
| Contributions10/11 | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €661 | €-7k | €-23k | ▼ 234% |
| Amounts payable17/49 | €10k | €28k | €25k | ▼ 9.6% |
| Amounts payable within one year42/48 | €10k | €28k | €25k | ▼ 9.6% |
| Trade debts44 | €2k | €6k | €6k | ▼ 4.5% |
| Suppliers440/4 | €2k | €6k | €6k | ▼ 4.5% |
| Taxes, remuneration and social security45 | €6k | €22k | €19k | ▼ 11.0% |
| Taxes450/3 | €267 | €267 | €134 | ▼ 49.7% |
| Remuneration and social security454/9 | €6k | €22k | €19k | ▼ 10.5% |
| Other amounts payable47/48 | €2k | - | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €661 | €-8k | €-16k | ▼ 113% |
| Operating cash flow (approximation) | €661 | €-8k | €-16k | ▼ 113% |
| Change in cash | - | €-259 | €438 | ▲ 269% |
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
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
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
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Diksmuide · 1 establishment unit since 2025
Ground area
146 m²
Building footprint
38 m²
Volume, LiDAR
531 m³
2 parcels, Flanders, Wallonia · tallest building 15.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ALIMENTATION GENERAL
since 20252.379.882.330
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32003A0598/00C002 | Flanders | 105 m² | - | - |
| 53403G0347/00A000 | Wallonia | 41 m² | 1 · 38 m² | 15.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteMons2.379.882.330
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Of 3,826 companies in sector 47210 we hold annual accounts for 965. 207 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
Founded13-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
47110Non-specialised retail sale with food, beverages or tobacco predominating
47251Retail sale of wines and spirits
47260Retail trade
Scores and ratios are computed by Checked and are not a credit decision.