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MAMBO ART

Active
Private limited companyfounded 200520 yrs activeKareelstraat 30, 9051 Gent, BelgiumKBO/BCE: BE 0876.281.964

MAMBO ART has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185k and a net result of €37k. Equity is growing by ~57.4% per year across the filed fiscal years. Its solvency ranks better than 92% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
92 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-2
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 12.6 against 7.29 in 2024; short-term debt: 6.7% and cash: 64.4% of total assets), and 6.7% 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.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
93.3%
Return on assets
18.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
66 d early
2024
28 d early
2023
8 d early
2022
32 d late
2021
62 d early
2020
59 d early
2019
56 d early
← 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 months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€185k▲ 25.1%
2024 · €148k
2018: €-64k 2019: €-36k 2020: €-2k 2021: €29k 2022: €60k 2023: €115k 2024: €148k
2018 → 2025
Total assets
€199k▲ 20.1%
2024 · €165k
2018: €68k 2019: €57k 2020: €53k 2021: €63k 2022: €79k 2023: €138k 2024: €165k
2018 → 2025
Net result
€37k▲ 11.1%
2024 · €33k
2018: €36k 2019: €43k 2020: €44k 2021: €32k 2022: €32k 2023: €55k 2024: €33k
2018 → 2025
Working capital
€154k▲ 41.8%
2024 · €108k
2018: €-84k 2019: €-49k 2020: €-11k 2021: €10k 2022: €41k 2023: €66k 2024: €108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€29k-€60k▲ 111%€115k▲ 90.8%€148k▲ 29.2%€185k▲ 25.1%
Operating result€42k-€44k▲ 3.0%€74k▲ 68.1%€48k▼ 34.3%€51k▲ 5.7%
Net result€32k-€32k▼ 0.5%€55k▲ 72.8%€33k▼ 38.7%€37k▲ 11.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €42k€42kNet result 2021: €32k€32kOperating result 2022: €44k€44kNet result 2022: €32k€32kOperating result 2023: €74k€74kNet result 2023: €55k€55kOperating result 2024: €48k€48kNet result 2024: €33k€33kOperating result 2025: €51k€51kNet result 2025: €37k€37k20212022202320242025
The operating result recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199k
Fixed assets €32k▼ 20.7%
Current assets €167k▲ 32.9%
Equity and liabilities €199k
Equity €185k▲ 25.1%
Debt €13k▼ 23.1%
The debt ratio falls from 10.4% to 6.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€65k
2024 · €62k
Cash flow
€51k
2024 · €47k
Solvency
93.3%
2024 · 89.6%
Current ratio
12.60
2024 · 7.29
Quick ratio
12.38
2024 · 7.12
Debt / equity
0.07
2024 · 0.12
ROE
20.1%
2024 · 22.6%
ROA
18.7%
2024 · 20.2%
Interest coverage
366.89
2024 · 27.09
Debt
€13k
2024 · €17k
Debt ≤ 1 year
€13k
2024 · €17k
Income taxes
€15k
2024 · €14k
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€165k€199k
Fixed assets21/28€40k€32k
Tangible fixed assets22/27€40k€32k
Furniture and vehicles24€25k€19k
Other tangible fixed assets26€14k€12k
Current assets29/58€126k€167k
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€14k€20k
Trade receivables40€14k€13k
Other amounts receivable41€246€7k
Current investments50/53€15k€15k=
Cash at bank and in hand54/58€92k€128k
Deferred charges and accrued income490/1€2k€658
Equity and liabilities
Total equity and liabilities10/49€165k€199k
Equity10/15€148k€185k
Contributions10/11€14k€14k=
Reserves13€134k€171k
Distributable reserves133€134k€171k
Amounts payable17/49€17k€13k
Amounts payable within one year42/48€17k€13k
Trade debts44€1k€3k
Suppliers440/4€1k€3k
Taxes, remuneration and social security45€11k€5k
Taxes450/3€5k€5k
Remuneration and social security454/9€6k€0
Other amounts payable47/48€5k€6k
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k
Other operating charges640/8€591€544
Gross operating margin9900€62k€66k
Operating profit (loss)9901€48k€51k
Financial income75/76B€1k€1k
Recurring financial income75€1k€1k
Financial charges65/66B€2k€178
Recurring financial charges65€2k€178
Profit (loss) for the period before taxes9903€47k€52k
Income taxes67/77€14k€15k
Profit (loss) for the period9904€33k€37k
Profit (loss) for the period to be appropriated9905€33k€37k
Appropriation of the result
Profit (loss) to be appropriated9906€33k€37k
Transfer to equity691/2€33k€37k
To other reserves6921€33k€37k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Equity above €150kEq €185k ▲25.1%
8 profitable years in a row build equity to €185k.
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €55k ▲72.8%
Operating result €74k, net result €55k, both a record.
31-12
Financial Equity above €100kEq €115k ▲90.8%
6 profitable years in a row build equity to €115k.
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial Weakest financial yearnet €32k ▼0.5%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 3.23
Current ratio from 1.29 to 3.23; short-term debt falls from €34k to €19k.
30-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
05-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
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, Gent · 1 establishment unit since 2014
establishment The establishment unit on the map
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.

Kareelstraat 309051 Gent
Ground area
907 m²
Building footprint
251 m²
Volume, LiDAR
1,232 m³
Parcel 44062A0142/00C002, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAMBO ART
Kareelstraat 30, 9051 GentRetail trade
since 20142.231.434.817
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44062A0142/00C002 Flanders 907 m² 1 · 251 m² 9.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 679 companies in sector 46494 we hold annual accounts for 530. 393 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-09-2005
Fiscal year end31-12
Activities, NACEBEL
46494Wholesale of non-electrical household articles
51471
90393Specialised image, lighting and sound technical services
92313
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:hilde@mambo-art.com
Establishment Gent 2.231.434.817