Mayaz
Open bankruptcyFinancials · financial year 2024, micro format
2024 annual accounts filed late (326 days) Filed on 22 June 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00180925.
Equity
€9,599▲ 15.5%
2023 · €8,313
Total assets
€36,383▼ 11.3%
2023 · €41,019
Net result
€1,285▼ 75.8%
2023 · €5,313
Working capital
€6,306▼ 24.1%
2023 · €8,313
Trend over the years
2023 to 2024, 2 financial years
The operating result falls in 2024; 2024 is 6% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€8,875
2024
Net result€1,285
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€36,383
2024
Equity€9,599
2024
Debt€26,784
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€6,306
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20232024
Operating result€9,440-€8,875▼ 6.0%
Net result€5,313-€1,285▼ 75.8%
Equity€8,313-€9,599▲ 15.5%
Total assets€41,019-€36,383▼ 11.3%
Debt€32,705-€26,784▼ 18.1%
Working capital€8,313-€6,306▼ 24.1%
Staff (FTE)1-
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36,383
Fixed assets
€3,293
Current assets
€33,090
Equity and liabilities €36,383
Equity
€9,599 ▲ 15.5%
Debt
€26,784 ▼ 18.1%
Debt's share of the balance-sheet total falls from 79.7% to 73.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10,448▼
2023 · €10,541
Cash flow
€2,859▼
2023 · €6,414
Current ratio
1.24▼
2023 · 1.25
Debt to equity
2.79▼
2023 · 3.93
ROE
13.4%▼
2023 · 63.9%
ROA
3.5%▼
2023 · 13.0%
Interest coverage
1.50▼
2023 · 4.63
Debt ≤ 1 year
€26,784▼
2023 · €32,705
Income taxes
€652▼
2023 · €1,848
Staff costs
€12,585▼
2023 · €25,414
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €76,449 | - | - |
| Remuneration, social security and pensions62 | €25,414 | €12,585 | ▼ 50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,101 | €1,573 | ▲ 42.9% |
| Other operating charges640/8 | €763 | €1,536 | ▲ 101% |
| Gross operating margin9900 | €36,718 | €24,569 | ▼ 33.1% |
| Operating profit (loss)9901 | €9,440 | €8,875 | ▼ 6.0% |
| Financial income75/76B | €0 | €19 | ▲ 1,909× |
| Recurring financial income75 | €0 | €19 | ▲ 1,909× |
| Financial charges65/66B | €2,278 | €6,957 | ▲ 205% |
| Recurring financial charges65 | €2,278 | €6,957 | ▲ 205% |
| Profit (loss) for the period before taxes9903 | €7,161 | €1,938 | ▼ 72.9% |
| Income taxes67/77 | €1,848 | €652 | ▼ 64.7% |
| Profit (loss) for the period9904 | €5,313 | €1,285 | ▼ 75.8% |
| Profit (loss) for the period to be appropriated9905 | €5,313 | €1,285 | ▼ 75.8% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €41,019 | €36,383 | ▼ 11.3% |
| Fixed assets21/28 | - | €3,293 | - |
| Tangible fixed assets22/27 | - | €3,293 | - |
| Plant, machinery and equipment23 | - | €1,493 | - |
| Furniture and vehicles24 | - | €1,800 | - |
| Current assets29/58 | €41,019 | €33,090 | ▼ 19.3% |
| Amounts receivable within one year40/41 | €35,898 | €31,786 | ▼ 11.5% |
| Trade receivables40 | €35,898 | €31,572 | ▼ 12.1% |
| Other amounts receivable41 | - | €214 | - |
| Cash at bank and in hand54/58 | €5,120 | €1,304 | ▼ 74.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €41,019 | €36,383 | ▼ 11.3% |
| Equity10/15 | €8,313 | €9,599 | ▲ 15.5% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €5,313 | €6,599 | ▲ 24.2% |
| Distributable reserves133 | €5,313 | €6,599 | ▲ 24.2% |
| Amounts payable17/49 | €32,705 | €26,784 | ▼ 18.1% |
| Amounts payable within one year42/48 | €32,705 | €26,784 | ▼ 18.1% |
| Current portion of amounts payable after more than one year42 | - | €1,233 | - |
| Trade debts44 | €20,381 | €12,422 | ▼ 39.1% |
| Suppliers440/4 | €20,381 | €12,422 | ▼ 39.1% |
| Taxes, remuneration and social security45 | €9,631 | €8,264 | ▼ 14.2% |
| Taxes450/3 | €6,936 | €8,264 | ▲ 19.1% |
| Remuneration and social security454/9 | €2,695 | €0 | ▼ 100% |
| Other amounts payable47/48 | €2,693 | €4,866 | ▲ 80.7% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5,313 | €1,285 | ▼ 75.8% |
| + Depreciation and write-downs630 | €1,101 | €1,573 | ▲ 42.9% |
| Operating cash flow (approximation) | €6,414 | €2,859 | ▼ 55.4% |
| Change in cash | - | -€3,817 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 22-06-2026 | 2026-00180925 |
| 31-12-2023 | micro format | 31-03-2025 | 2025-00058266 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.