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MAHIR

Active
Private limited companyfounded 2023active for 3 yearsAntwerpsebaan 44, 2040 Antwerpen, BelgiumKBO/BCE: BE 0795.962.895
Summary

The computed 12-month bankruptcy probability of MAHIR is 12.9% (high). The 2024 annual accounts show equity of €31,041 and a net result of €21,110. Its solvency ranks better than 41% of 26,023 sector peers (NACE 47, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of bread and pastry (bakery outlets)
NACE 47241Artisanal bread and fresh pastry making NACE 10712
1 site
Size
€138,319total assets 2024
Staff
2.7 FTE
Equity
€31,041
Profit
€21,110
Turnover not published (micro format)
Financial health
32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
12.9%
Structure
Accounts 71 days overdue0 of 3 deeds read
Why 32raises risk1 financial year not filed after the legal deadline; latest accounts 224 days late; 2 of the last 3 late1 change of registered office in 24 monthsFigures for financial year 2024 (filed 12-03-2026)Size: total assets €138,319Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 60% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Average
Solvency 47+7
equity 22.4% of total assets
Liquidity 24-6
short-term debt 77.6% · cash 12.9%
Profitability 88+3
return on assets 15.3%
Bankruptcy probability, 12 months
12.9% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,188 companies, NACE 47, micro)
Last 24 months 11-2024: 2.8%lowest value 12-2024: 3.0%▲ +0.2 percentage points vs 11-2024 01-2025: 3.2%▲ +0.2 percentage points vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 5.5%▲ +2.3 percentage points vs 02-2025 04-2025: 7.1%▲ +1.6 percentage points vs 03-2025 05-2025: 7.7%▲ +0.6 percentage points vs 04-2025 06-2025: 7.4%▼ -0.3 percentage points vs 05-2025 07-2025: 7.3%▼ -0.1 percentage points vs 06-2025 08-2025: 8.5%▲ +1.2 percentage points vs 07-2025 09-2025: 8.9%▲ +0.4 percentage points vs 08-2025 10-2025: 12.6%▲ +3.7 percentage points vs 09-2025 11-2025: 11.9%▼ -0.7 percentage points vs 10-2025 12-2025: 13.3%▲ +1.4 percentage points vs 11-2025 01-2026: 16.0%▲ +2.7 percentage points vs 12-2025 02-2026: 16.0%● unchanged vs 01-2026 03-2026: 16.3%▲ +0.3 percentage points vs 02-2026highest value 04-2026: 9.2%▼ -7.1 percentage points vs 03-2026 05-2026: 10.0%▲ +0.8 percentage points vs 04-2026 06-2026: 9.9%▼ -0.1 percentage points vs 05-2026 07-2026: 9.7%▼ -0.2 percentage points vs 06-2026 08-2026: 10.1%▲ +0.4 percentage points vs 07-2026 09-2026: 9.7%▼ -0.4 percentage points vs 08-2026 10-2026: 12.9%▲ +3.2 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions
Liquidity insufficient (current ratio 0.54, compared with 0.96 in 2023; short-term debt: 77.6% and cash: 12.9% of total assets), and 77.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 38% on solvency, 21% on liquidity, 83% on profitability and 96% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 224 days late; 2 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 12-03-2026)
NBB · annual accounts
raises risk · Size: total assets €138,319
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-03-2026, 224 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
224 days late
2023
239 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 232 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Total assets 20242 financial years filed €138,319 View
  • Active since 2023founded 10-01-2023 3 years View

By topic

Financials

Financial year
2024
Total assets
€138,319
Profit
€21,110
Solvency
22.4%
Total assets▲ 107%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of bread and pastry (bakery outlets)NACE 47241
Founded
10-01-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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