Financials
- Fiscal year
- 2025
- Total assets
- €36,685
- Loss
- -€11,054
- Solvency
- -159.5%
Total assets▲ 7.9%
Net result
20182025
MAZARI
ActiveSummary
The computed 12-month bankruptcy probability of MAZARI is 2.3% (moderate). The 2025 annual accounts show negative equity (-€58,496) and a net result of -€11,054. Equity is shrinking by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 4473 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47112
1 site
Size
€36,685total assets 2025
- Equity
- -€58,496
- Loss
- -€11,054
Structure
Accounts filed 45 d late0 of 3 deeds read
Why 50- Higher-failure-rate region- Annual accounts: weaker financial profile- Higher-failure-rate sector+ Long track recordShow the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Provisional estimate
Better than 11% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
0=
equity -159.5% of total assets
Liquidity
15-10
short-term debt 77.2% · cash 5.4%
Profitability
0=
return on assets -30.1%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
No credit on open account
Liquidity tight (current ratio 1.29 against 1.96 in 2024; short-term debt: 77.2% and cash: 5.4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 6%, liquidity 14%, profitability 6%, growth against the median 18%. That is performance, not lower risk; the band itself always comes from the probability.
Provisional estimate: the current bankruptcy probability was not available, so Checked used its built-in model (v2).
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-159.5%
Return on assets
-30.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1821232425
2018 to 2025 · latest year -€58,496
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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
45 d late
2024
53 d late
2023
28 d late
2021
58 d late
2018
44 d late
2015
31 d late
2014
46 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 44 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 14 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€14,761
Key points
By topic
Timeline
- Events
- 13
- Since
- 2012
- Next accounts
- by 31-07-2027
- 14-09-2026Annual accounts filed
- 22-09-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 21-12-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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