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MAIL

Active
Public limited companyfounded 1997active for 29 yearsLieveberm 21, 8340 Damme, BelgiumKBO/BCE: BE 0460.949.641
Summary

The computed 12-month bankruptcy probability of MAIL is 4.3% (elevated). The 2024 annual accounts show equity of €181,072 and a net result of €66,621. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 20% of 9,537 sector peers (NACE 47, financial year 2024). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 30-06-1997 Normal situation
Activity
Retail sale of automotive fuel NACE 47300and 1 other
Joint committees
119 Paritair Comité voor de handel in voedingswaren
201 Paritair Comité voor de zelfstandige kleinhandel
302 Paritair Comité voor het hotelbedrijf · annual accounts 2024and 1 other
Establishment unit
2.082.740.844 8340 Damme, since 13-11-2000
Financial year end
31 December
Peppol
Reachable since 27-11-2025

Board and ownership

Board

Financial position

47 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.3%
Annual accounts 2024
Gross margin
€345,025
▼ 3.7%
Turnover
≈ €2.3m
estimated
Profit
€66,621
▼ 39.5%
Equity
€181,072
▼ 75.5%
Total assets
€1.4m
▼ 1.7%
Employees on 31-12-2024
5
▲ 66.7%
  • 2025 accounts not filed, 95 days past the deadline
Equity -76%: capital reduction
Score breakdownraises riskFigures for financial year 2024 (filed on 26-08-2025)1 change of registered office in 24 monthsEquity €181,072 (13.0% of total assets)lowers riskFounded in 1997Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 31% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Average
Solvency 38-39
equity 13.0% of total assets
Liquidity 31-27
short-term debt 62.3% · cash 10.6%
Profitability 75-3
return on assets 4.8%
Bankruptcy probability within 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.6%▲ +0.1 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +1.5 percentage points vs 07-2026 09-2026: 2.8%▲ +0.6 percentage points vs 08-2026 10-2026: 4.3%▲ +1.5 percentage points vs 09-2026highest value 11-2026: 4.3%● unchanged vs 10-2026highest value
Credit of up to €8,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.33 (1.16 in 2023), below 1. Short-term debt is 62.3% and cash 10.6% of total assets. 87% 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 47, micro). It does better than 29% of them on solvency, 28% on liquidity, 61% on profitability and 8% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 26-08-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Equity €181,072 (13.0% of total assets)
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9537 sector peers (2024).
NBB · sector comparison
Position among 9537 sector peers
Solvency
better than 20%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 21 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
21 days late
2023
71 days early
2022
22 days late
2021
30 days late
2020
58 days late
2019
6 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 11 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2024capital reduction ▼ 75.5% View
  • Caution: Lower solvency than 80% of companies in retail tradesector median 38.3% · 9,537 companies 13.0% View
  • Positive: 7 profitable years in a rowprofit 2024: €66,621 7 years View

Recent changes

  1. · Gazette deed Registered office moved from Knokke-Heist to DammeNew seat: Lieveberm 21, 8340 Damme · Previous seat: Kustlaan 152 bus glv, 8300 Knokke-Heist
  2. · Gazette deed Capital decrease of €625,000 to €1,919,211.04
  3. · Gazette deed 2 directors appointed, 2 reappointedReappointments: MAUROY Dominique Marie Nicolas Joseph (director) and RGUIG llham (director) · Appointments: MAUROY Dominique Marie Nicolas Joseph (managing director) and RGUIG llham (managing director)
All 17 events

Comparable companies

These companies have the same main activity as MAIL: retail sale of automotive fuel (NACE 47300). They are comparable in size and age: total assets between €963,000 and €1.4m, founded between 1989 and 1997.

CompanyTotal assetsGross margin
MAIL Damme€1.4m€0.3m
A.M.B. CAR Tubize€1.3m€0.3m
FINAFLAM AND PARTNERS Eghezée€1.0m€0.4m
TMY Hamont-Achel€1.1m€0.4m
LAMBRECHTS C. Putte€1.2m€0.5m
DELRUE Anzegem€1.4m€0.6m
DIFLOR Chiny€1.0m€0.4m
Full comparison

Key facts about MAIL

What is the company number of MAIL?
The company number of MAIL is 0460.949.641. The VAT number is the same number with BE in front: BE 0460.949.641.
Where is MAIL based?
The registered office is at Lieveberm 21, 8340 Damme.Company details
What does MAIL do?
According to the KBO register, the main activity is retail sale of automotive fuel (NACE 47300).
What is the legal form of MAIL?
The legal form of MAIL is Public limited company (NV).
When was MAIL founded?
MAIL was founded on 30-06-1997.
Is MAIL still active?
Yes, MAIL is an active enterprise in the KBO register.
How many employees does MAIL have?
MAIL had an average of 5.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does MAIL fall under?
In its 2024 annual accounts, MAIL states joint committees 119 (Paritair Comité voor de handel in voedingswaren), 201 (Paritair Comité voor de zelfstandige kleinhandel), 302 (Paritair Comité voor het hotelbedrijf) and 112 (Paritair Comité voor het garagebedrijf).
What is the turnover of MAIL?
The turnover in financial year 2024 is ≈ €2.3m. This figure is estimated from the gross margin of €345,025 and 218 comparable companies (NACE 47). It probably lies between €1.3m and €3.7m.
Is MAIL profitable?
In financial year 2024, MAIL made a profit of €66,621.
Where can I find the annual accounts of MAIL?
MAIL filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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