MAHU RETAIL
ActiveMAHU RETAIL has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95k and a net result of €1k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 10252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-33
Solvency59▼-26
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 2.51 in 2024; short-term debt: 66.5% and cash: 3.6% of total assets), and 66.5% 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 47
Relative position
BE, all sectors
reference
Sector 47
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
33.5%
Return on assets
0.4%
Age of the figures
9 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 24-08-2026, 24 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
24 d late
2024
27 d late
2023
26 d late
2022
34 d early
2021
16 d late
2020
31 d late
2019
3 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€95k▼ 48.2%
2024 · €183k
2018: €12k
2019: €15k
2020: €60k
2021: €106k
2022: €147k
2023: €165k
2024: €183k
2018 → 2025
Total assets
€282k▼ 6.8%
2024 · €303k
2018: €42k
2019: €34k
2020: €118k
2021: €201k
2022: €247k
2023: €279k
2024: €303k
2018 → 2025
Net result
€1k▼ 93.3%
2024 · €18k
2018: €-11k
2019: €5k
2020: €43k
2021: €46k
2022: €41k
2023: €18k
2024: €18k
2018 → 2025
Working capital
€90k▼ 50.3%
2024 · €182k
2018: €20k
2019: €20k
2020: €57k
2021: €104k
2022: €146k
2023: €164k
2024: €182k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€106k-€147k▲ 38.9%€165k▲ 11.9%€183k▲ 10.8%€95k▼ 48.2%
Operating result€69k-€64k▼ 7.4%€30k▼ 52.3%€30k▼ 1.0%€6k▼ 80.7%
Net result€46k-€41k▼ 11.1%€18k▼ 57.4%€18k▲ 1.5%€1k▼ 93.3%
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 has fallen four years in a row; 2025 is 81% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €282k
Fixed assets
€4k▲ 335%
Current assets
€278k▼ 8.0%
Equity and liabilities €282k
Equity
€95k▼ 48.2%
Debt
€188k▲ 55.8%
The debt ratio rises from 39.8% to 66.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7k▼
2024 · €31k
Cash flow
€2k▼
2024 · €18k
Solvency
33.5%▼
2024 · 60.2%
Current ratio
1.48▼
2024 · 2.51
Quick ratio
1.48▼
2024 · 2.51
Debt / equity
1.98▲
2024 · 0.66
ROE
1.3%▼
2024 · 9.8%
ROA
0.4%▼
2024 · 5.9%
Interest coverage
2.86▼
2024 · 8.96
Debt
€188k▲
2024 · €121k
Debt ≤ 1 year
€188k▲
2024 · €121k
Income taxes
€4k▼
2024 · €10k
Staff costs
€416k▼
2024 · €432k
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€303k€282k▼
Fixed assets21/28€1k€4k▲
Tangible fixed assets22/27€1k€4k▲
Plant, machinery and equipment23€238€172▼
Furniture and vehicles24€776€4k▲
Current assets29/58€302k€278k▼
Amounts receivable within one year40/41€77k€77k▲
Trade receivables40€77k€68k▼
Other amounts receivable41€0€9k▲
Current investments50/53€211k€189k▼
Cash at bank and in hand54/58€13k€10k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€303k€282k▼
Equity10/15€183k€95k▼
Contributions10/11€6k€6k=
Reserves13€176k€88k▼
Distributable reserves133€176k€88k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€121k€188k▲
Amounts payable within one year42/48€121k€188k▲
Financial debts43€28k€26k▼
Credit institutions430/8€28k€26k▼
Trade debts44€31k€37k▲
Suppliers440/4€31k€37k▲
Taxes, remuneration and social security45€61k€51k▼
Taxes450/3€16k€11k▼
Remuneration and social security454/9€45k€40k▼
Other amounts payable47/48€590€73k▲
Income statement
Code20242025
Remuneration, social security and pensions62€432k€416k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€637€1k▲
Other operating charges640/8€851€894▲
Non-recurring operating charges66A€0-
Gross operating margin9900€463k€424k▼
Operating profit (loss)9901€30k€6k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€28k€5k▼
Income taxes67/77€10k€4k▼
Profit (loss) for the period9904€18k€1k▼
Profit (loss) for the period to be appropriated9905€18k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€1k▼
Transfer from equity791/2-€89k
Transfer to equity691/2€18k€1k▼
To other reserves6921€18k€1k▼
Profit to be distributed694/7-€89k
Return on contributions (dividend)694-€89k
Social balance
Average headcount (FTE)908712.110.8▼
The notes to these accounts (8 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Equity above €150kEq €165k ▲11.9%
5 profitable years in a row build equity to €165k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Highest result since 2018net €46k ▲8.4%
Operating result €69k, net result €46k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲77.7%
3 profitable years in a row build equity to €106k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Roeselare · 3 establishment units since 2017
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.
Meensesteenweg 7328800 RoeselareGround area
3,103 m²
Building footprint
2,140 m²
Volume, LiDAR
13,543 m³
4 parcels, Flanders · tallest building 14.3 m, ±5 floors. Linked by address, not a title deed.
3 establishment units
JBC
since 20172.262.469.966
JBC
since 20202.297.357.797
JBC
since 20202.297.357.896
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011D0184/00K002 | Flanders | 1,028 m² | 1 · 1,080 m² | 7.2 m · 2 fl. |
| 35302D0062/00Z000 | Flanders | 950 m² | 1 · 807 m² | 7.3 m · 2 fl. |
| 31602A0534/00K000 | Flanders | 878 m² | 1 · 188 m² | 14.3 m · 5 fl. |
| 36017D0821/00L006 | Flanders | 247 m² | 1 · 65 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 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 to 2025 · 5 entries · 1,288 EUR awarded · 1,288 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 117 EUR |
| 2024 | 1 | 117 EUR | 0 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
| 2022 | 2 | 671 EUR | 671 EUR |
Schemes
Stagebonus (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 live approvals · 18 endedWinkelmedewerker (vwo)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
Winkelmedewerker duaal (so)
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MAIKA SANTOS
BE 0845.539.991
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BENNY SPORT
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B & S SHOPS
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Of 6,501 companies in sector 47716 we hold annual accounts for 2,440. 1,911 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2011
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.