MAURIC BELGIUM
ActiveMAURIC BELGIUM has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295k and a net result of €804k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 12% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+10
Solvency30▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 0.97 in 2024; short-term debt: 95.3% and cash: 23.6% of total assets), and 95.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
4.7%
Return on assets
12.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 1991 sector peers (2025).
NBB · sector comparisonPosition among 1991 sector peers
Solvency
better than 12%
← weakest
strongest →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
21 d early
2024
2 d early
2023
9 d late
2022
12 d early
2021
4 d early
2020
25 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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€804k▲ 281%
2024 · €211k
2020: €87k
2021: €36k
2022: €101k
2023: €113k
2024: €211k
2020 → 2025
Working capital
€5k
2024 · €-117k
2020: €844k
2021: €346k
2022: €-116k
2023: €73k
2024: €-117k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€140k-€241k▲ 72.0%€354k▲ 47.0%€306k▼ 13.3%€295k▼ 3.6%
Operating result€51k-€109k▲ 115%€165k▲ 50.9%€315k▲ 91.1%€1.07M▲ 239%
Net result€36k-€101k▲ 183%€113k▲ 12.3%€211k▲ 86.7%€804k▲ 281%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 239% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.23M
Fixed assets
€290k▼ 31.5%
Current assets
€5.94M▲ 52.6%
Equity and liabilities €6.23M
Equity
€295k▼ 3.6%
Debt
€5.94M▲ 48.0%
The debt ratio rises from 92.9% to 95.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.21M▲
2024 · €411k
Cash flow
€940k▲
2024 · €306k
Solvency
4.7%▼
2024 · 7.1%
Current ratio
1.00▲
2024 · 0.97
Quick ratio
0.58▼
2024 · 0.86
Debt / equity
20.12▲
2024 · 13.10
ROE
272.3%▲
2024 · 68.9%
ROA
12.9%▲
2024 · 4.9%
Interest coverage
52.24▼
2024 · 77.55
Debt
€5.94M▲
2024 · €4.01M
Debt ≤ 1 year
€5.94M▲
2024 · €4.01M
Income taxes
€251k▲
2024 · €108k
Staff costs
€426k▲
2024 · €297k
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€4.32M€6.23M▲
Fixed assets21/28€423k€290k▼
Tangible fixed assets22/27€423k€290k▼
Plant, machinery and equipment23€421k€286k▼
Furniture and vehicles24€2k€4k▲
Financial fixed assets28€255€255=
Current assets29/58€3.90M€5.94M▲
Stocks and contracts in progress3€449k€2.52M▲
Contracts in progress37€449k€2.52M▲
Amounts receivable within one year40/41€3.14M€1.94M▼
Trade receivables40€2.90M€1.66M▼
Other amounts receivable41€234k€282k▲
Cash at bank and in hand54/58€307k€1.47M▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€4.32M€6.23M▲
Equity10/15€306k€295k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€288k€277k▼
Amounts payable17/49€4.01M€5.94M▲
Amounts payable within one year42/48€4.01M€5.94M▲
Trade debts44€2.46M€2.50M▲
Suppliers440/4€2.46M€2.50M▲
Advances received on contracts in progress46€1.18M€2.52M▲
Taxes, remuneration and social security45€112k€108k▼
Taxes450/3€71k€55k▼
Remuneration and social security454/9€41k€53k▲
Other amounts payable47/48€260k€815k▲
Accrued charges and deferred income492/3-€2
Income statement
Code20242025
Remuneration, social security and pensions62€297k€426k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€137k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€709k€1.63M▲
Operating profit (loss)9901€315k€1.07M▲
Financial income75/76B€9k€9k▲
Recurring financial income75€9k€9k▲
Financial charges65/66B€5k€23k▲
Recurring financial charges65€5k€23k▲
Profit (loss) for the period before taxes9903€319k€1.05M▲
Income taxes67/77€108k€251k▲
Profit (loss) for the period9904€211k€804k▲
Profit (loss) for the period to be appropriated9905€211k€804k▲
Appropriation of the result
Profit (loss) to be appropriated9906€546k€1.09M▲
Profit (loss) brought forward from the previous period14P€335k€288k▼
Profit to be distributed694/7€258k€815k▲
Return on contributions (dividend)694€250k€800k▲
Other beneficiaries697€8k€15k▲
Social balance
Average headcount (FTE)90873.44.7▲
The notes to these accounts (6 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €804k ▲281%
Operating result €1.07M, net result €804k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 9 days late
03-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €200kEq €241k ▲72%
3 profitable years in a row build equity to €241k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €36k ▼59.2%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Elsene · 1 establishment unit since 2020
Ground area
266 m²
Building footprint
265 m²
Volume, LiDAR
3,746 m³
Parcel 21807G0211/00W012, Brussels · tallest building 34.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MAURIC BELGIUM
since 20202.304.743.655
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 m · 5 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.
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Of 11,554 companies in sector 71121 we hold annual accounts for 6,557. 4,894 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-04-2020
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.