MAMA LAM
ActiveSummary
The computed 12-month bankruptcy probability of MAMA LAM is 6.6% (elevated). The 2025 annual accounts show equity of €174,866 and a net result of €14,755. Equity is growing by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 13604 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-8
Solvency56▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
6.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.59 against 1.4 in 2024; short-term debt: 29.8% and cash: 29.8% of total assets), but 69.3% of the assets are financed with debt.
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Signals
Five 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
30.7%
Return on assets
2.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-05-2026, 85 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
85 d early
2024
139 d early
2023
139 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 121 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14,755▼ 71.2%
2024 · €51,279
Working capital
€100,117▲ 63.4%
2024 · €61,272
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€8,157-€79,787▲ 878%€34,321▼ 57.0%
Net result€576within the sector's middle half-€51,279above the sector's middle half▲ 8,804%€14,755within the sector's middle half▼ 71.2%
Equity€95,576within the sector's middle half-€162,004above the sector's middle half▲ 69.5%€174,866above the sector's middle half▲ 7.9%
Total assets€564,490within the sector's middle half-€595,027above the sector's middle half▲ 5.4%€568,876above the sector's middle half▼ 4.4%
Debt€468,914-€429,235▼ 8.5%€390,696▼ 9.0%
Working capital-€14,576within the sector's middle half-€61,272above the sector's middle half€100,117above the sector's middle half▲ 63.4%
Solvency16.9%within the sector's middle half-27.2%within the sector's middle half▲ 10.3pp30.7%within the sector's middle half▲ 3.5pp
Current ratio0.89within the sector's middle half-1.40within the sector's middle half▲ 0.511.59within the sector's middle half▲ 0.19
Return on assets (ROA)0.1%within the sector's middle half-8.6%within the sector's middle half▲ 8.5pp2.6%within the sector's middle half▼ 6.0pp
Staff (FTE)5.7within the sector's middle half-9.6▲ 68.4%9.4▼ 2.1%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €559,509
Fixed assets
€289,922 ▼ 21.6%
Current assets
€269,586 ▲ 26.4%
Equity and liabilities €568,876
Equity
€174,866 ▲ 7.9%
Provisions
€3,314 ▼ 12.5%
Debt
€390,696 ▼ 9.0%
Debt's share of the balance-sheet total falls from 72.1% to 68.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€118,060▼
2024 · €161,570
Cash flow
€98,494▼
2024 · €133,062
Quick ratio
1.52▲
2024 · 1.32
Debt to equity
2.23▼
2024 · 2.65
ROE
8.4%▼
2024 · 31.7%
Interest coverage
5.97▼
2024 · 7.49
Debt ≤ 1 year
€169,469▲
2024 · €151,971
Debt > 1 year
€221,227▼
2024 · €277,264
Income taxes
€5,189▼
2024 · €10,021
Staff costs
€314,967▲
2024 · €282,375
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,549 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
1.8%
went bankrupt
3.1%
stopped otherwise
94%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,549 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €70,191 | €282,375 | €314,967 | ▲ 11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,338 | €81,783 | €83,739 | ▲ 2.4% |
| Other operating charges640/8 | €1,482 | €1,675 | €2,154 | ▲ 28.7% |
| Gross operating margin9900 | €99,168 | €445,619 | €435,182 | ▼ 2.3% |
| Operating profit (loss)9901 | €8,157 | €79,787 | €34,321 | ▼ 57.0% |
| Financial income75/76B | - | €2,597 | €4,924 | ▲ 89.6% |
| Recurring financial income75 | - | €2,597 | €4,924 | ▲ 89.6% |
| Financial charges65/66B | €7,581 | €21,557 | €19,776 | ▼ 8.3% |
| Recurring financial charges65 | €7,581 | €21,557 | €19,776 | ▼ 8.3% |
| Profit (loss) for the period before taxes9903 | €576 | €60,826 | €19,470 | ▼ 68.0% |
| Transfer from deferred taxes780 | - | €473 | €473 | = |
| Income taxes67/77 | - | €10,021 | €5,189 | ▼ 48.2% |
| Profit (loss) for the period9904 | €576 | €51,279 | €14,755 | ▼ 71.2% |
| Profit (loss) for the period to be appropriated9905 | €576 | €51,279 | €14,755 | ▼ 71.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €564,490 | €595,027 | €568,876 | ▼ 4.4% |
| Formation expenses20 | €14,257 | €11,812 | €9,367 | ▼ 20.7% |
| Fixed assets21/28 | €426,740 | €369,972 | €289,922 | ▼ 21.6% |
| Intangible fixed assets21 | €246,230 | €194,371 | €142,512 | ▼ 26.7% |
| Tangible fixed assets22/27 | €180,510 | €175,601 | €147,411 | ▼ 16.1% |
| Plant, machinery and equipment23 | €46,071 | €42,542 | €31,641 | ▼ 25.6% |
| Furniture and vehicles24 | €12,439 | €9,819 | €8,172 | ▼ 16.8% |
| Other tangible fixed assets26 | €122,000 | €123,240 | €107,598 | ▼ 12.7% |
| Current assets29/58 | €123,492 | €213,242 | €269,586 | ▲ 26.4% |
| Amounts receivable after more than one year29 | - | - | €76,804 | - |
| Other amounts receivable291 | - | - | €76,804 | - |
| Stocks and contracts in progress3 | €8,444 | €12,736 | €11,604 | ▼ 8.9% |
| Stocks30/36 | €8,444 | €12,736 | €11,604 | ▼ 8.9% |
| Amounts receivable within one year40/41 | €783 | €0 | €373 | - |
| Trade receivables40 | €755 | €0 | €373 | - |
| Other amounts receivable41 | €27 | €0 | - | - |
| Current investments50/53 | - | €20,000 | €10,000 | ▼ 50.0% |
| Cash at bank and in hand54/58 | €114,017 | €178,688 | €169,729 | ▼ 5.0% |
| Deferred charges and accrued income490/1 | €248 | €1,818 | €1,077 | ▼ 40.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €564,490 | €595,027 | €568,876 | ▼ 4.4% |
| Equity10/15 | €95,576 | €162,004 | €174,866 | ▲ 7.9% |
| Contributions10/11 | €95,000 | €95,000 | €95,000 | = |
| Profit (loss) carried forward14 | €576 | €51,855 | €66,610 | ▲ 28.5% |
| Investment grants15 | - | €15,150 | €13,256 | ▼ 12.5% |
| Provisions and deferred taxes16 | - | €3,787 | €3,314 | ▼ 12.5% |
| Deferred taxes168 | - | €3,787 | €3,314 | ▼ 12.5% |
| Amounts payable17/49 | €468,914 | €429,235 | €390,696 | ▼ 9.0% |
| Amounts payable after more than one year17 | €330,845 | €277,264 | €221,227 | ▼ 20.2% |
| Financial debts170/4 | €330,845 | €277,264 | €221,227 | ▼ 20.2% |
| Amounts payable within one year42/48 | €138,069 | €151,971 | €169,469 | ▲ 11.5% |
| Current portion of amounts payable after more than one year42 | €49,155 | €57,211 | €59,834 | ▲ 4.6% |
| Trade debts44 | €48,256 | €28,352 | €25,162 | ▼ 11.3% |
| Suppliers440/4 | €48,256 | €28,352 | €25,162 | ▼ 11.3% |
| Advances received on contracts in progress46 | - | €900 | €980 | ▲ 8.9% |
| Taxes, remuneration and social security45 | €40,658 | €65,473 | €83,354 | ▲ 27.3% |
| Taxes450/3 | €11,281 | €30,667 | €39,044 | ▲ 27.3% |
| Remuneration and social security454/9 | €29,377 | €34,807 | €44,310 | ▲ 27.3% |
| Other amounts payable47/48 | - | €34 | €140 | ▲ 309% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €576 | €51,279 | €14,755 | ▼ 71.2% |
| + Depreciation and write-downs630 | €19,338 | €81,783 | €83,739 | ▲ 2.4% |
| Operating cash flow (approximation) | €19,914 | €133,062 | €98,494 | ▼ 26.0% |
| Investment in fixed assets (approximation) | - | -€25,014 | -€3,689 | ▲ 85.3% |
| Change in cash | - | €64,671 | -€8,958 | ▼ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €51,279 ▲8,804%
Operating result €79,787, net result €51,279, both a record.
31-12
Financial
Equity above €150,000Eq €162,004 ▲69.5%
2 profitable years in a row build equity to €162,004.
14-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2023
Ground area
206 m²
Building footprint
123 m²
Volume, LiDAR
1,646 m³
Parcel 21447B0221/00X003, Brussels · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
MAMA LAM
since 20232.345.752.285
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0221/00X003 | Brussels | 206 m² | 1 · 123 m² | 17.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.345.752.285
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BE 0473.746.218
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LE JACQUEMART
BE 0445.483.584
Hotton · Eq €175,006
FICHRISTI
BE 0429.342.289
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PASEREST
BE 0456.156.455
Liège · Eq €175,014
Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 8,822 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0802252059
Also
9925:BE0802252059
Registered
16-07-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.