MAZAGAN

Active

Private limited companyfounded 2022active for 4 yearsMolenstraat 12, 9240 Zele, BelgiumKBO/BCE: BE 0785.676.442

Summary

The computed 12-month bankruptcy probability of MAZAGAN is 4.4% (elevated). The 2025 annual accounts show equity of €10,773 and a net result of €6,363. Its solvency ranks better than 50% of 5,634 sector peers (NACE 81, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

MAZAGANActiveChecked score 40/100

Risk analysis Report Compare

Activity

General cleaning of buildings

NACE 81210

1 site

Size

€26,905total assets 2025

Equity: €10,773
Profit: €6,363

Turnover not published (micro format)

Financial health

40 Weak Checked score 2025

Bankruptcy probabilitywithin 12 months: 4.4%

Structure

2025 accounts 22 days early1 of 2 deeds summarised

Why 40raises riskFounded in 2022Liquidity: current ratio 1.59, cash €39, halved1 of the last 3 latelowers riskFigures for financial year 2025 (filed 09-07-2026)Show the evidence

Checked score

Score 2025

40 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 59% of its sector peers (NACE 81, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 65+32

equity 40.0% of total assets

Liquidity 19+13

short-term debt 60.0% · cash 0.1%

Profitability 98+89

return on assets 23.7%

Bankruptcy probability, 12 months

4.4% Elevated

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,697 companies, NACE 81, micro)

Last 24 months 11-2024: 3.4%lowest value 12-2024: 7.4%▲ +4.0 percentage points vs 11-2024 01-2025: 7.3%▼ -0.1 percentage points vs 12-2024 02-2025: 7.3%● unchanged vs 01-2025 03-2025: 7.3%● unchanged vs 02-2025 04-2025: 7.3%● unchanged vs 03-2025 05-2025: 7.3%● unchanged vs 04-2025 06-2025: 7.3%● unchanged vs 05-2025 07-2025: 7.3%● unchanged vs 06-2025 08-2025: 7.3%● unchanged vs 07-2025 09-2025: 7.3%● unchanged vs 08-2025 10-2025: 7.3%● unchanged vs 09-2025 11-2025: 7.3%● unchanged vs 10-2025 12-2025: 7.3%● unchanged vs 11-2025 01-2026: 6.7%▼ -0.6 percentage points vs 12-2025 02-2026: 8.5%▲ +1.8 percentage points vs 01-2026 03-2026: 8.7%▲ +0.2 percentage points vs 02-2026 04-2026: 10.0%▲ +1.3 percentage points vs 03-2026 05-2026: 10.3%▲ +0.3 percentage points vs 04-2026highest value 06-2026: 10.2%▼ -0.1 percentage points vs 05-2026 07-2026: 10.1%▼ -0.1 percentage points vs 06-2026 08-2026: 4.3%▼ -5.8 percentage points vs 07-2026 09-2026: 4.4%▲ +0.1 percentage points vs 08-2026 10-2026: 4.4%● unchanged vs 09-2026

No publishable credit limit; credit only on tighter terms

Liquidity ample (current ratio 1.59, compared with 1.0 in 2024, above the usual 1.5; short-term debt: 60% and cash: 0.1% of total assets), but 60% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro): better than 48% on solvency, 12% on liquidity, 83% on profitability and 93% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Founded in 2022

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 1.59, cash €39, halved

NBB · annual accounts

1 of the last 3 late

NBB · filings

Figures for financial year 2025 (filed 09-07-2026)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

22 days early

2024

180 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 79 days after the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2022.

KBO publications · our coverage

09-07-2026 Annual accounts filedfinancial year 2025 · micro…
27-01-2026 Annual accounts filedfinancial year 2024 · micro…
21-01-2026 Registered officeRegistered office clause · Registered-office…

Key points

Total assets 20252 financial years filed €26,905 View
Active since 2022founded 03-05-2022 4 years View

By topic

Financials

Financial year: 2025
Total assets: €26,905
Profit: €6,363
Solvency: 40.0%

Go to Financials

Timeline

Events: 4
Since: 2025
Next accounts: by 31-07-2027

31-12-2025Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General cleaning of buildingsNACE 81210
Founded: 03-05-2022
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 0

See the provisions in the deeds

Go to Articles of association

Key facts about MAZAGAN

What is the company number of MAZAGAN?: 0785.676.442. In Belgium the VAT number is the company number with BE in front: BE 0785.676.442.
Where is MAZAGAN based?: The registered office is at Molenstraat 12, 9240 Zele.Company details
What does MAZAGAN do?: According to the KBO register, the main activity is general cleaning of buildings (NACE 81210).
What is the legal form of MAZAGAN?: Private limited company (BV).
When was MAZAGAN founded?: On 03-05-2022.
Is MAZAGAN still active?: Yes, MAZAGAN is an active enterprise in the KBO register.
What is the turnover of MAZAGAN?: €95,682 in financial year 2024, according to the filed annual accounts.Financials
Is MAZAGAN profitable?: In financial year 2025, MAZAGAN made a profit of €6,363.
Where can I find the annual accounts of MAZAGAN?: MAZAGAN filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAZAGAN due?: By 31-07-2027, for financial year 2026.Timeline