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Mayadevi

Active
Verbrandendijk 101 ·2070 Beveren-Kruibeke-Zwijndrecht, Belgium
KBO/BCE: BE 0666.581.327
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Belgian State Gazette acts: 0 of 5 read
Age9 yrs
Board1
Real estate3 parcels · 842 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Mayadevi is 7.6% (elevated). The 2023 annual accounts show negative equity (€-247k) and a net result of €-125k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 4885 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
7.6% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Annual accounts: weaker financial profile +Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2023: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 394 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-12-2024, 132 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 10-12-2024 132 d late 2024-00612740
31-12-2022 31-07-2023 20-09-2024 417 d late 2024-00466037
31-12-2021 31-07-2022 20-09-2024 782 d late 2024-00466035
31-12-2020 31-07-2021 20-09-2024 1147 d late 2024-00466034
31-12-2019 31-07-2020 29-09-2020 60 d late 2020-56600344

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2016, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-125k-8.7%
Working capital€-430k-210.5%

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 10-12-2024 with the NBB · fiscal year 2023 · micro
€-150k€-100k€-50k€0€50kOperating result 2019: €2k€2kNet result 2019: €25k€25kOperating result 2020: €29k€29kNet result 2020: €20k€20kOperating result 2021: €-59k€-59kNet result 2021: €-60k€-60kOperating result 2022: €-114k€-114kNet result 2022: €-115k€-115kOperating result 2023: €-124k€-124kNet result 2023: €-125k€-125k20192020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Net result: declining trend of ~73.8%/year over 5 fiscal years, indicative, assuming unchanged policy.
€-400k€-300k€-200k€-100k€02024: €-194k (€-212k - €-176k)2025: €-239k (€-267k - €-210k)2026: €-283k (€-323k - €-243k)2019: €25k2020: €20k2021: €-60k2022: €-115k2023: €-125k20192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -96.5% 16.6%
better than 10% of 4885 sector peers
Net result €-125k €2k
better than 5% of 4875 sector peers
Equity €-247k €11k
better than 5% of 4900 sector peers
Gross operating margin €67k €41k
better than 61% of 4858 sector peers
Staff costs €168k €47k
higher than 86% of 3470 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P10
2020: P58 · n=14372021: P30 · n=22412022: P19 · n=36862023: P10 · n=48852020 2023
Weakening position over 2020-2023 · n=1437-4885
Net result P5
2020: P85 · n=14292021: P5 · n=22362022: P5 · n=36672023: P5 · n=48752020 2023
Weakening position over 2020-2023 · n=1429-4875
Equity P5
2020: P80 · n=14412021: P25 · n=22482022: P5 · n=36922023: P5 · n=49002020 2023
Weakening position over 2020-2023 · n=1441-4900
Gross operating margin P61
2020: P69 · n=14232021: P55 · n=22232022: P63 · n=36522023: P61 · n=48582020 2023
Stable position over 2020-2023 · n=1423-4858
Describes the position versus peers, not a forecast.
EBITDA
€-103k
-9.6% 19-23
Net profit
€-125k
-8.7% 19-23
Cash flow
€-103k
-8.5% 19-23
Total assets
€256k
-27.9% 19-23
Equity
€-247k
-102.3% 19-23
Working capital
€-430k
-210.5% 19-23
Employees (FTE)
8
-4.5% 19-23
Staff costs
€168k
+9.8% 19-23
Show 11 other metrics
Income taxes
€6k
- 19-23
Debt
€503k
+5.4% 19-23
Debt ≤ 1y
€481k
+75.5% 19-23
Debt > 1y
€196k
- 19-23
Current ratio
0.11
-78.4% 19-23
Quick ratio
0.11
-78.4% 19-23
Solvency
-96.5%
-180.6% 19-23
Debt / equity
-2.04
+47.9% 19-23
ROE
50.6%
-46.3% 19-23
ROA
-48.8%
-50.8% 19-23
Interest coverage
-206.52
-215.7% 19-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€-103k
Net profit€-125k
Cash flow€-103k
Staff costs€168k
Income taxes-
Dividends-
Total assets€256k
Equity€-247k
Debt€503k
of which ≤ 1y€481k
of which > 1y-
Working capital€-430k
Employees (FTE)8.4
Ratios (computed)
2023
Current ratio0.11
Quick ratio0.11
Working capital ratio-167.8%
Solvency-96.5%
Debt / equity-2.04
Long-term debt ratio-
Interest coverage-206.52
Gross margin-
Net margin-
ROA-48.8%
ROE50.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€256k
Fixed assets 21/28€205k
Intangible fixed assets 21€34k
Tangible fixed assets 22/27€166k
Financial fixed assets 28€4k
Current assets 29/58€52k
Amounts receivable within one year 40/41€14k
Cash & bank 54/58€38k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€256k
Equity 10/15€-247k
Contributions / capital 10/11€6k
Reserves 13€2k
Accumulated profits (losses) 14€-255k
Amounts payable 17/49€503k
Amounts payable within one year 42/48€481k
Trade debts payable within one year 44€281k
Income statement
Gross operating margin 9900€67k
Operating result 9901€-124k
Financial charges 65€496
Result before taxes 9903€-125k
Net result for the period 9904€-125k
Result to be appropriated 9905€-125k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
7 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

1 director
5 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
  • Budhathoki Ajay
    Director
    State Gazette act 24303619 (03-01-2024)
    Current
    03-01-2024 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Cateringdiensten op contractbasis en overige diensten in verband met maaltijden(56220)
Legal form Private limited company(610)
Incorporation22-11-2016
StatusActive
Postal code2070

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here

Establishment units

3 locations
Yarsa Gumba
Verbrandendijk 101, 2070 Beveren-Kruibeke-ZwijndrechtOverige eetgelegenheden
since 20162.259.912.433
Yarsa Gumba Beveren
Oude Zandstraat(BEV) 1, 9120 Beveren-Kruibeke-ZwijndrechtVerkoop aan de toog of via telefoon, fax, internet van eetwaren en dranken : pizzeria's
since 20222.326.426.224
Yarsa Gumba
Statiestraat 153, 2070 Beveren-Kruibeke-ZwijndrechtCateringdiensten op contractbasis en overige diensten in verband met maaltijden
since 20252.380.812.540
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels3
Ground area842 m²
Buildings3
Building footprint652 m²
Volume (LiDAR)7,539 m³
Tallest building17.3 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46502D0483/00G000 Flanders 516 m² 1 · 436 m² 17.3 m · 5 fl.
11056B0715/00B002 Flanders 187 m² 1 · 99 m² 10.8 m · 3 fl.
11056B0971/00G002 Flanders 139 m² 1 · 118 m² 7.3 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 act
All acts · 1 updated 2 years ago
2024
03-01-2024 2 directors appointed Director changes·Rebecca Loontiens
  • Budhathoki Ajay, Bestuurder
  • Boekhoudkantoor De laet & C°, Gedelegeerd bestuurder
Notary: Rebecca Loontiens · Antwerpen

Analysis

Financial profile

5 of 5 axes measured
Health7Profitability100Solvency33Growth32Stability100
54 / 100

Mixed profile: strong on profitability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 7
Profitability 100
Solvency 33
Growth 32
Stability 100

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 95 of the 1,346 companies in this sector. 71 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Cateringdiensten op contractbasis en overige diensten in verband met maaltijden56220Overige eetgelegenheden56290Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111Cafés en bars56301
Primary activity highlighted.
Names & trade names
Legal nameNL Mayadevi
Registered office
Verbrandendijk 101
2070 Beveren-Kruibeke-Zwijndrecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.