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MAYYAR

Active Private limited company (pre-2019)founded 2017active for 9 yearsPhoenixstraat 4, 9000 GhentKBO/BCE: BE 0679.484.109

Lifetime

8 annual accounts with figures on one time axis
peak €7,306 (2020)
€1,601▼ 72.3%
lowest -€28,606 (2018)
-€21,342▼ €24,108
peak -€10,056 (2018)
-€89,297▼ €21,342
€92,206▲ 25.5%
Board5 names since 2017
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €5,782 to €1,601Loss of €21,342Equity from -€67,955 to -€89,297Debts from €73,465 to €92,206Cash from €1,471 to €258

Key points

from the 2025 annual accounts

Equity

-€89,297
202020212022202320242025

Debts exceed assets in financial year 2025.

Filings

8 annual accounts 8 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 84 days after the end of the period.

Position in the sector

-3069.6%

Lower solvency than 95% of companies in retail trade. Sector median 33.4% · 25,263 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,018 companies had the same profile as MAYYAR has now. Each dot stands for 16 companies, two years later.

82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,018 companies, not a prediction for MAYYAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 50 sharesdeed of 16-02-2022
Board & ownership

Recent changes

Left the Peppol Directory
Registered office moved from Denze to Ghent Transfer of 50 shares from to · Transfer of 50 shares from to · New registered office: Phoenixstraat 4, 9000 Gent · General meeting of 01-01-2022 · Gazette deed
First establishment Phoenixstraat 4, Ghent
Registered office moved from Sint-Niklaas to Denze New registered office: Morkt 129 9800 Denze · Previous registered office: Heldebloemstraat 62/b006 9100 Sint-Niklaas · Appointment: (manager) · General meeting of 29-11-2017 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
MAYYAR Ghent - - -3069.6% -
SHEEPINDALE Linkebeek - - -6598.5% -
LE MINI MARKET Charleroi - - 100.0% -
AMAJS Ypres €324,706 -0.9% 29.2% -
RH ALLIANCE Liège - - -129.9% -
SHAH JEE Molenbeek-Saint-Jean €286,324 0.2% 48.4% -
MANALCOM Molenbeek-Saint-Jean - - 86.3% -

These companies have the same main activity as MAYYAR: retail trade (NACE 47260). They are comparable in size and age: total assets between €3,730 and €26,700, founded between 2000 and 2023.

Official details

Source: KBO
Status
Active since 01-08-2017Normal situation
Activity
Retail tradeNACE 47260
Establishment unit
2.272.484.3269000 Ghent, since 02-01-2018
Financial year end
31 December
Peppol
Left the register on 12-11-2026
Company details

Annual accounts 2025

≈ €25,000estimated
€2,909▼ 47.2%
≈ 0.9 FTEestimated
Filing
Filed on 31-08-2026
Financials

Insights on MAYYAR

MAYYAR files the micro format. That format states no turnover. The gross margin rose from -€12,389 in 2018 to €1,601 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MAYYAR

What is the company number of MAYYAR?
The company number of MAYYAR is 0679.484.109. The VAT number is the same number with BE in front: BE 0679.484.109.
Where is MAYYAR based?
The registered office is at Phoenixstraat 4, 9000 Ghent.Company details
What does MAYYAR do?
According to the KBO register, the main activity is retail trade (NACE 47260).
What is the legal form of MAYYAR?
MAYYAR is a private limited company (pre-2019) (BVBA).
When was MAYYAR founded?
MAYYAR was founded on 01-08-2017.
Is MAYYAR still active?
Yes, MAYYAR is an active enterprise in the KBO register.
What is the turnover of MAYYAR?
The turnover in financial year 2025 is ≈ €25,000. This figure is estimated from the gross margin of €1,601 and 92 comparable companies (NACE 472). It probably lies between €12,000 and €55,000. It is a rough estimate. In financial year 2024 turnover was €17,384.Financials
Is MAYYAR profitable?
In financial year 2025, MAYYAR made a loss of €21,342.
Where can I find the annual accounts of MAYYAR?
MAYYAR filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAYYAR due?
MAYYAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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