MAZ.OK
ActiveSummary
The computed 12-month bankruptcy probability of MAZ.OK is 1.9% (moderate). The 2025 annual accounts show negative equity (-€8,006) and a net result of €2,327. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 12% of 13683 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability97▲+97
Solvency0=
Growth85=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.47 against 0.24 in 2024; short-term debt: 181.3% and cash: 23.8% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-81.3%
Return on assets
23.6%
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 13683 sector peers (2025).
NBB · sector comparisonPosition among 13683 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
3 d early
2023
30 d late
2022
1 d late
2021
5 d late
2020
23 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 5 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€133,665▲ 26.4%
2018 · €105,719
EBIT margin
13.6%▲ 17.3pp
2018 · -3.7%
Net result
€2,327
2024 · -€3,141
Working capital
-€9,513▲ 28.2%
2024 · -€13,253
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€3,490-€2,815€5,140-€2,253€3,099
Net result€2,719within the sector's middle half-€4,271within the sector's middle half€4,170within the sector's middle half-€3,141within the sector's middle half€2,327within the sector's middle half
EBIT margin
Equity-€7,091below the sector's middle half▲ 27.7%-€11,362below the sector's middle half▼ 60.2%-€7,192below the sector's middle half▲ 36.7%-€10,333below the sector's middle half▼ 43.7%-€8,006below the sector's middle half▲ 22.5%
Total assets€14,941below the sector's middle half▼ 19.5%€13,157below the sector's middle half▼ 11.9%€9,679below the sector's middle half▼ 26.4%€7,174below the sector's middle half▼ 25.9%€9,851below the sector's middle half▲ 37.3%
Debt€22,032▼ 22.4%€24,519▲ 11.3%€16,870▼ 31.2%€17,507▲ 3.8%€17,857▲ 2.0%
Working capital-€11,978within the sector's middle half▲ 19.4%-€14,646within the sector's middle half▼ 22.3%-€10,602within the sector's middle half▲ 27.6%-€13,253within the sector's middle half▼ 25.0%-€9,513within the sector's middle half▲ 28.2%
Solvency-47.5%below the sector's middle half▲ 5.4pp-86.4%below the sector's middle half▼ 38.9pp-74.3%below the sector's middle half▲ 12.1pp-144.0%below the sector's middle half▼ 69.7pp-81.3%below the sector's middle half▲ 62.8pp
Current ratio0.46below the sector's middle half▼ 0.020.40below the sector's middle half▼ 0.050.37below the sector's middle half▼ 0.030.24below the sector's middle half▼ 0.130.47below the sector's middle half▲ 0.22
Return on assets (ROA)18.2%within the sector's middle half▲ 31.6pp-32.5%below the sector's middle half▼ 50.7pp43.1%above the sector's middle half▲ 75.6pp-43.8%below the sector's middle half▼ 86.9pp23.6%above the sector's middle half▲ 67.4pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3,099 after a loss of €2,253 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9,851
Fixed assets
€1,507 ▼ 48.4%
Current assets
€8,344 ▲ 96.1%
Key figures and ratios
EBITDA
€4,512▲
2024 · -€336
Cash flow
€3,739▲
2024 · -€1,225
Quick ratio
0.36▲
2024 · 0.10
Debt to equity
-2.23▼
2024 · -1.69
Interest coverage
5.84▲
2024 · -0.38
Debt ≤ 1 year
€17,857▲
2024 · €17,507
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
5.3%
stopped otherwise
92%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,466 | €1,604 | €1,443 | €1,916 | €1,413 | ▼ 26.3% |
| Other operating charges640/8 | €221 | €451 | €86 | €128 | €129 | ▲ 1.1% |
| Non-recurring operating charges66A | €2,745 | - | - | - | - | - |
| Gross operating margin9900 | €7,922 | -€760 | €6,669 | -€208 | €4,641 | ▲ 2,328% |
| Operating profit (loss)9901 | €3,490 | -€2,815 | €5,140 | -€2,253 | €3,099 | ▲ 238% |
| Financial charges65/66B | €771 | €1,456 | €970 | €888 | €773 | ▼ 13.0% |
| Recurring financial charges65 | €771 | €1,456 | €970 | €888 | €773 | ▼ 13.0% |
| Profit (loss) for the period before taxes9903 | €2,719 | -€4,271 | €4,170 | -€3,141 | €2,327 | ▲ 174% |
| Profit (loss) for the period9904 | €2,719 | -€4,271 | €4,170 | -€3,141 | €2,327 | ▲ 174% |
| Profit (loss) for the period to be appropriated9905 | €2,719 | -€4,271 | €4,170 | -€3,141 | €2,327 | ▲ 174% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14,941 | €13,157 | €9,679 | €7,174 | €9,851 | ▲ 37.3% |
| Fixed assets21/28 | €4,887 | €3,284 | €3,410 | €2,920 | €1,507 | ▼ 48.4% |
| Tangible fixed assets22/27 | €4,887 | €3,284 | €3,410 | €2,920 | €1,507 | ▼ 48.4% |
| Plant, machinery and equipment23 | €3,125 | €2,131 | €2,867 | €1,930 | €992 | ▼ 48.6% |
| Furniture and vehicles24 | €1,763 | €1,153 | €543 | €990 | €515 | ▼ 48.0% |
| Current assets29/58 | €10,054 | €9,873 | €6,268 | €4,254 | €8,344 | ▲ 96.1% |
| Stocks and contracts in progress3 | €2,420 | €3,850 | €3,652 | €2,521 | €1,980 | ▼ 21.4% |
| Stocks30/36 | €2,420 | €3,850 | €3,652 | €2,521 | €1,980 | ▼ 21.4% |
| Amounts receivable within one year40/41 | €3,878 | €3,599 | €169 | - | €4,022 | - |
| Other amounts receivable41 | €3,878 | €3,599 | €169 | - | €4,022 | - |
| Cash at bank and in hand54/58 | €3,756 | €2,424 | €2,447 | €1,734 | €2,342 | ▲ 35.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14,941 | €13,157 | €9,679 | €7,174 | €9,851 | ▲ 37.3% |
| Equity10/15 | -€7,091 | -€11,362 | -€7,192 | -€10,333 | -€8,006 | ▲ 22.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,023 | €1,023 | €1,023 | €1,023 | €1,023 | = |
| Non-distributable reserves130/1 | €1,023 | €1,023 | €1,023 | €1,023 | €1,023 | = |
| Reserves not available under the articles1311 | €1,023 | €1,023 | €1,023 | €1,023 | €1,023 | = |
| Profit (loss) carried forward14 | -€26,714 | -€30,985 | -€26,815 | -€29,956 | -€27,629 | ▲ 7.8% |
| Amounts payable17/49 | €22,032 | €24,519 | €16,870 | €17,507 | €17,857 | ▲ 2.0% |
| Amounts payable within one year42/48 | €22,032 | €24,519 | €16,870 | €17,507 | €17,857 | ▲ 2.0% |
| Trade debts44 | €5,667 | €6,708 | €9,759 | €4,951 | €1,835 | ▼ 62.9% |
| Suppliers440/4 | €5,667 | €6,708 | €9,759 | €4,951 | €1,835 | ▼ 62.9% |
| Taxes, remuneration and social security45 | - | - | €293 | €284 | - | - |
| Taxes450/3 | - | - | €293 | €284 | - | - |
| Other amounts payable47/48 | €16,365 | €17,810 | €6,818 | €12,272 | €16,022 | ▲ 30.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,719 | -€4,271 | €4,170 | -€3,141 | €2,327 | ▲ 174% |
| + Depreciation and write-downs630 | €1,466 | €1,604 | €1,443 | €1,916 | €1,413 | ▼ 26.3% |
| Operating cash flow (approximation) | €4,185 | -€2,668 | €5,613 | -€1,225 | €3,739 | ▲ 405% |
| Investment in fixed assets (approximation) | - | €0 | -€1,569 | -€1,426 | €0 | ▲ 100% |
| Change in cash | - | -€1,332 | €23 | -€713 | €608 | ▲ 185% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
31-12
Financial
Back to profitnet €2,327
Net result €2,327 after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €4,170
Net result €4,170 after one loss-making year.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Back to profitnet €2,719
Net result €2,719 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €17,570
Net result €17,570 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Tournai · 1 establishment unit since 2002
Ground area
186 m²
Building footprint
86 m²
Volume, LiDAR
1,405 m³
Parcel 57462D0123/00F002, Wallonia · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CAFE LE ROYAL
since 20022.115.206.249
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462D0123/00F002 | Wallonia | 185 m² | 1 · 86 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTournai2.115.206.249
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,853 companies in sector 56112 we hold annual accounts for 9,781. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-09-2000
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
10712Artisanal bread and fresh pastry making
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472824916
Also
9925:BE0472824916
Registered
09-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.