Active BE 0791.686.086Private limited companyOpen bankruptcy

MAYSAN

Hendrik Heymanplein 224 ·9100 Sint-Niklaas, Belgium· 3 yrs active

Sector: Overige gespecialiseerde bouwactiviteiten, neg (43990)

Conclusion Checked

A bankruptcy procedure is open for MAYSAN according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €8k and a net result of €3k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€8k
Net result	€3k
Better than sector	16%
Active	3 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

32 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 10

Growth 52

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

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.

Health barometer FY 2024 · computed

0 / 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 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 04-11-2025 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	10.7%	40.9%	better than 16% of 11116 sector peers
Net result	€3k	€11k	better than 30% of 11098 sector peers
Equity	€8k	€34k	better than 19% of 11119 sector peers
Gross operating margin	€21k	€35k	better than 36% of 11088 sector peers
Staff costs	€15k	€24k	higher than 43% of 4052 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€132k

- 23-24

EBITDA

€6k

- 23-24

Net profit

€3k

-13.5% 23-24

Cash flow

€5k

- 23-24

Total assets

€72k

+77.9% 23-24

Equity

€8k

+52.4% 23-24

Working capital

€-25k

- 23-24

Staff costs

€15k

-13.6% 23-24

Income taxes

€664

-13.5% 23-24

Debt

€65k

+81.5% 23-24

Debt ≤ 1y

€65k

+329.6% 23-24

Current ratio

0.61

-77.3% 23-24

Quick ratio

0.61

-77.3% 23-24

Solvency

10.7%

-14.3% 23-24

Debt / equity

8.36

+19.1% 23-24

ROE

34.4%

-43.3% 23-24

ROA

3.7%

-51.4% 23-24

Net margin

2.3%

- 23-24

Interest coverage

68.53

- 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€6k
Net profit	€3k
Cash flow	€5k
Staff costs	€15k
Income taxes	€664
Dividends	-
Total assets	€72k
Equity	€8k
Debt	€65k
of which ≤ 1y	€65k
of which > 1y	-
Working capital	€-25k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.61
Quick ratio	0.61
Working capital ratio	-34.4%
Solvency	10.7%
Debt / equity	8.36
Long-term debt ratio	-
Interest coverage	68.53
Gross margin	-
Net margin	-
ROA	3.7%
ROE	34.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €33k · 45.1% Current assets €40k · 54.9%

Equity & liabilities

Equity €8k · 10.7% Debt €65k · 89.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€72k
Fixed assets	21/28	€33k
Tangible fixed assets	22/27	€33k
Current assets	29/58	€40k
Amounts receivable within one year	40/41	€29k
Cash & bank	54/58	€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€72k
Equity	10/15	€8k
Contributions / capital	10/11	€2k
Accumulated profits (losses)	14	€6k
Amounts payable	17/49	€65k
Amounts payable within one year	42/48	€65k
Trade debts payable within one year	44	€61k
Income statement
Gross operating margin	9900	€21k
Operating result	9901	€3k
Financial charges	65	€84
Result before taxes	9903	€3k
Income taxes	67/77	€664
Net result for the period	9904	€3k
Result to be appropriated	9905	€3k

You are seeing the latest fiscal year only. 1 prior year (figures + ratios) is in a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

Al Hamad Odey
Director
State Gazette act 24091924 (18-06-2024)

Current
11-01-2024 → present

Former directors (1)

Azahaf Bakr
Director
State Gazette act 24091924 (18-06-2024)

Former
- → 11-01-2024

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.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	INGE VANHOUTTE HEIDEBAAN 130E, 9100 SINT- NIKLAAS ↔ Also on 151 other cases	11-05-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	Overige gespecialiseerde bouwactiviteiten, neg(43990)
Legal form	Private limited company(610)
Incorporation	30-09-2022
Status	Active
Postal code	9100
First BS signal	18-05-2026
Latest BS signal	18-05-2026

Establishment units 2 locations

MAYSAN

Ankerstraat 61b, 9100 Sint-NiklaasVervaardiging van geconfectioneerde stofferingsartikelen : gordijnen, bedgordijnen, rolgordijnen, meubelhoezen, enz

since 20222.336.700.801

KAPSALON BLINK

Ankerstraat 61, 9100 Sint-NiklaasDetailhandel in cosmetica en toiletartikelen

since 20252.370.502.331

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.
46443E1557/00P000 ProtectedTownscape or village viewMgr. StillemansstraatSource ↗	Flanders	2,258 m²	1 · 1,795 m²	-
46443E2494/00N000	Flanders	1,059 m²	1 · 843 m²	12.9 m · 2 fl.
46443E2245/00D000	Flanders	119 m²	1 · 119 m²	14.4 m · 4 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.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

18-05-2026

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · MAYSAN BV HENDRIK HEYMANPLEIN 224, 9100 SINT-NIKLAAS · event 11-05-2026

2025

04-11-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

23-05-2025

NBB filing Annual accounts filed

fiscal year 2023 · micro

2024

18-06-2024

State Gazette act Capital & shares

2023

03-07-2023

State Gazette act Capital & shares

Lifecycle & Insolvency Signals1 events

18-05-2026

Bankruptcy Opening

Date: 11-05-2026 · Ondernemingsrechtbank Gent, afdeling Dendermonde · MAYSAN BV HENDRIK HEYMANPLEIN 224, 9100 SINT-NIKLAAS · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad, acts 2 acts

Capital history · 2

18-06-2024

Capital change

03-07-2023

Capital change

All acts · 2 updated 2 years ago

2024

18-06-2024 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

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2023

03-07-2023 All shares are now held by a single shareholder Capital & shares

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Algemene bouw van residentiële gebouwen41001Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Detailhandel in tapijten en andere vloerbedekking en wandbekleding in gespecialiseerde winkels47530Detailhandel in tapijten en andere vloerbedekking en wandbekleding47530Detailhandel in huismeubilair47551Detailhandel in huismeubilair in gespecialiseerde winkels47591Reparatie van meubelen en stoffering95240Reparatie en onderhoud van meubelen en stoffering95240

Primary activity highlighted.

Names & trade names

Legal nameNL

MAYSAN

Registered office

Hendrik Heymanplein 224

9100 Sint-Niklaas, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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