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Mahir

Active
Private limited companyfounded 2022active for 4 yearsAntwerpse Steenweg 88A, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0788.557.738
Summary

The computed 12-month bankruptcy probability of Mahir is 6.3% (elevated). The 2025 annual accounts show equity of €20,374 and a net result of €6,562. Equity has been growing by about 35% per year since 2023. Its solvency ranks better than 33% of 1,008 sector peers (NACE 10, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 13-07-2022 Normal situation
Activity
Artisanal bread and fresh pastry making NACE 10712and 4 others
Establishment units
2.337.310.020 9100 Sint-Niklaas, since 13-07-2022
2.376.829.503 9100 Sint-Niklaas, since 09-07-2025
Financial year end
30 June
Peppol
Reachable since 18-09-2025

Board and ownership

Financial position

38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.3%
Annual accounts to 30-06-2025
Gross margin
€109,193
▲ 39.5%
Turnover
≈ €280,000
estimated
Profit
€6,562
▲ 110%
Equity
€20,374
▲ 47.5%
Total assets
€92,992
▲ 123%
Staff
≈ 2.6 FTE
estimated
  • 2025 accounts filed 213 days after the deadline
Filed on 01-09-2026
Score breakdownraises riskLast filed accounts filed 214 days late; 1 of the last 3 accounts lateSize: total assets €92,992Founded in 2022Sector: Manufacture of food products (NACE 10)Show the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 64% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency 47-11
equity 21.9% of total assets
Liquidity 66+2
short-term debt 59.2% · cash 37.8%
Profitability 78=
return on assets 7.1%
Bankruptcy probability within 12 months
6.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,081 companies, NACE 10, micro)
Last 24 months 12-2024: 1.9% 01-2025: 2.0%▲ +0.1 percentage points vs 12-2024 02-2025: 1.2%▼ -0.8 percentage points vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 1.2%▲ +0.1 percentage points vs 07-2025 09-2025: 1.3%▲ +0.1 percentage points vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.4%▲ +0.1 percentage points vs 12-2025 02-2026: 2.3%▲ +0.9 percentage points vs 01-2026 03-2026: 2.1%▼ -0.2 percentage points vs 02-2026 04-2026: 2.6%▲ +0.5 percentage points vs 03-2026 05-2026: 2.6%● unchanged vs 04-2026 06-2026: 3.3%▲ +0.7 percentage points vs 05-2026 07-2026: 4.0%▲ +0.7 percentage points vs 06-2026 08-2026: 4.0%● unchanged vs 07-2026 09-2026: 4.1%▲ +0.1 percentage points vs 08-2026 10-2026: 6.3%▲ +2.2 percentage points vs 09-2026highest value 11-2026: 6.3%● unchanged vs 10-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.61 (1.29 in 2024), above the usual 1.5. Short-term debt is 59.2% and cash 37.8% of total assets. However, 78.1% 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 10, micro). It does better than 39% of them on solvency, 72% on liquidity, 62% on profitability and 83% on growth.

The bankruptcy probability was computed on 01-11-2026 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.
raises risk
raises risk · Last filed accounts filed 214 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €92,992
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · 2025 accounts filed 213 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-09-2026, 213 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filings
Deviation from the deadline
2025
213 days late
2024
1 day early
2023
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 70 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (3 of the last 3 accounts filed within 214 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Caution: Less equity than 82% of companies in food productssector median €257,415 · 1,008 companies €20,374 View

Recent changes

  1. · Gazette deed Transfer of 50 sharesAppointment: Baycuman Mahir (director)
  2. · Gazette deed IncorporationStarting capital €1 · Appointment: BAYCUMAN Gülbahar (director)
All 6 events

Comparable companies

These companies have the same main activity as Mahir: artisanal bread and fresh pastry making (NACE 10712). They are comparable in size and age: total assets between €82,000 and €110,000, founded between 2021 and 2024.

CompanyTotal assetsGross margin
Mahir Sint-Niklaas€92,992€109,193
BEL CAKE Anderlecht€88,450€117,922
ARTI PAIN Lokeren€93,620€96,100
RESUL-23 Aalst€109,866€162,669
BOULANGERIE DUCHESSE Elsene€93,935€136,588
MAHRIAMED Linkebeek€81,960€98,632
Bakkerij Kim Zemst€96,307€91,834
Full comparison

Key facts about Mahir

What is the company number of Mahir?
The company number of Mahir is 0788.557.738. The VAT number is the same number with BE in front: BE 0788.557.738.
Where is Mahir based?
The registered office is at Antwerpse Steenweg 88A, 9100 Sint-Niklaas.Company details
What does Mahir do?
According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
What is the legal form of Mahir?
The legal form of Mahir is Private limited company (BV).
When was Mahir founded?
Mahir was founded on 13-07-2022.
Is Mahir still active?
Yes, Mahir is an active enterprise in the KBO register.
How many employees does Mahir have?
Mahir had an average of 2.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Mahir?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €109,193 and 1,644 comparable companies of the same size. It probably lies between €170,000 and €520,000. It is a rough estimate.
Is Mahir profitable?
In financial year 2025, Mahir made a profit of €6,562.
Where can I find the annual accounts of Mahir?
Mahir filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Mahir due?
Mahir must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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