Mahir
ActiveThe computed 12-month bankruptcy probability of Mahir is 3.0% (moderate). The 2025 annual accounts show equity of €20k and a net result of €7k. Equity is growing by ~35.1% per year across the filed fiscal years. Its solvency ranks better than 34% of 792 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
81
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency43▼-16
Growth52=
Stability94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.29 in 2024), but 78.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 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: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
213 d late
2024
1 d early
2023
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€20k▲ 47.5%
2024 · €14k
2023: €11k
2024: €14k
2023 → 2025
Total assets
€93k▲ 123%
2024 · €42k
2023: €18k
2024: €42k
2023 → 2025
Net result
€7k▲ 110%
2024 · €3k
2023: €11k
2024: €3k
2023 → 2025
Working capital
€34k▲ 314%
2024 · €8k
2023: €4k
2024: €8k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€11k-€14k▲ 29.3%€20k▲ 47.5%
Operating result€13k-€5k▼ 63.5%€8k▲ 70.8%
Net result€11k-€3k▼ 70.7%€7k▲ 110%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 71% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€4k▼ 26.1%
Current assets
€89k▲ 147%
Equity and liabilities €93k
Equity
€20k▲ 47.5%
Debt
€73k▲ 161%
The debt ratio rises from 66.8% to 78.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€10k▲
2024 · €6k
Cash flow
€8k▲
2024 · €5k
Solvency
21.9%▼
2024 · 33.2%
Current ratio
1.61▲
2024 · 1.29
Quick ratio
1.61▲
2024 · 1.29
Debt / equity
3.56▲
2024 · 2.01
ROE
32.2%▲
2024 · 22.7%
ROA
7.1%▼
2024 · 7.5%
Interest coverage
15.89▼
2024 · 53.80
Debt
€73k▲
2024 · €28k
Debt ≤ 1 year
€55k▲
2024 · €28k
Debt > 1 year
€18k
Income taxes
€2k▲
2024 · €2k
Staff costs
€99k▲
2024 · €71k
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€42k€93k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Furniture and vehicles24€6k€4k▼
Current assets29/58€36k€89k▲
Amounts receivable within one year40/41€53€54k▲
Trade receivables40-€28k
Other amounts receivable41€53€26k▲
Cash at bank and in hand54/58€36k€35k▼
Equity and liabilities
Total equity and liabilities10/49€42k€93k▲
Equity10/15€14k€20k▲
Profit (loss) carried forward14€14k€20k▲
Amounts payable17/49€28k€73k▲
Amounts payable after more than one year17-€18k
Financial debts170/4-€18k
Amounts payable within one year42/48€28k€55k▲
Trade debts44€10k€10k▼
Suppliers440/4€10k€10k▼
Taxes, remuneration and social security45€18k€45k▲
Taxes450/3€10k€22k▲
Remuneration and social security454/9€8k€23k▲
Income statement
Code20242025
Remuneration, social security and pensions62€71k€99k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€777€777=
Gross operating margin9900€78k€109k▲
Operating profit (loss)9901€5k€8k▲
Financial income75/76B€3€1k▲
Recurring financial income75€3€1k▲
Financial charges65/66B€117€608▲
Recurring financial charges65€117€608▲
Profit (loss) for the period before taxes9903€5k€9k▲
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€3k€7k▲
Profit (loss) for the period to be appropriated9905€3k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€20k▲
Profit (loss) brought forward from the previous period14P€11k€14k▲
The notes to these accounts (4 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
01-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 213 days late
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €3k ▼70.7%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Niklaas · 2 establishment units since 2022
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.
Antwerpse Steenweg 88A9100 Sint-NiklaasGround area
223 m²
Building footprint
223 m²
Volume, LiDAR
1,266 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Mahir
since 20222.337.310.020
Uskudar Snack
since 20252.376.829.503
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0502/00H005 | Flanders | 116 m² | 1 · 116 m² | 9.5 m · 2 fl. |
| 46447B0503/00W004 | Flanders | 107 m² | 1 · 107 m² | 10.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,201 companies in sector 10712 we hold annual accounts for 1,851. 1,246 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-07-2022
Fiscal year end30-06
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
10720Manufacture of food products
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56120Mobile food service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.