Mazette
ActiveThe computed 12-month bankruptcy probability of Mazette is 2.1% (moderate). The 2024 annual accounts show equity of €205k and a net result of €12k. Equity is shrinking by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 18939 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+72
Solvency67▼-7
Growth58=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.69 in 2023; short-term debt: 30.3% and cash: 21.9% of total assets), and 57.6% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
36 d early
2022
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€205k▼ 17.3%
2023 · €248k
2022: €255k
2023: €248k
2022 → 2024
Total assets
€483k▼ 4.5%
2023 · €505k
2022: €497k
2023: €505k
2022 → 2024
Net result
€12k
2023 · €-90k
2022: €-111k
2023: €-90k
2022 → 2024
Working capital
€11k
2023 · €-48k
2022: €-14k
2023: €-48k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€255k-€248k▼ 2.8%€205k▼ 17.3%
Operating result€-105k-€-85k▲ 19.4%€18k
Net result€-111k-€-90k▲ 19.4%€12k
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 2024: €18k after a loss of €85k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €483k
Fixed assets
€325k▼ 18.2%
Current assets
€157k▲ 45.9%
Equity and liabilities €483k
Equity
€205k▼ 17.3%
Debt
€278k▲ 7.9%
The debt ratio rises from 51.0% to 57.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€99k▲
2023 · €-10k
Cash flow
€93k▲
2023 · €-15k
Solvency
42.4%▼
2023 · 49.0%
Current ratio
1.08▲
2023 · 0.69
Quick ratio
0.95▲
2023 · 0.61
Debt / equity
1.36▲
2023 · 1.04
ROE
5.9%▲
2023 · -36.2%
ROA
2.5%▲
2023 · -17.7%
Interest coverage
16.25▲
2023 · -1.78
Debt
€278k▲
2023 · €258k
Debt ≤ 1 year
€146k▼
2023 · €156k
Debt > 1 year
€130k▲
2023 · €94k
Staff costs
€309k▲
2023 · €285k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€505k€483k▼
Fixed assets21/28€398k€325k▼
Intangible fixed assets21€17k€21k▲
Tangible fixed assets22/27€369k€294k▼
Furniture and vehicles24€188k€130k▼
Other tangible fixed assets26€181k€164k▼
Financial fixed assets28€12k€11k▼
Current assets29/58€108k€157k▲
Stocks and contracts in progress3€13k€19k▲
Stocks30/36€13k€19k▲
Amounts receivable within one year40/41€82k€33k▼
Trade receivables40€9k€7k▼
Other amounts receivable41€73k€26k▼
Cash at bank and in hand54/58€13k€106k▲
Equity and liabilities
Total equity and liabilities10/49€505k€483k▼
Equity10/15€248k€205k▼
Contributions10/11€291k€298k▲
Outside capital11€291k€298k▲
Other1109/19€291k€298k▲
Profit (loss) carried forward14€-201k€-189k▲
Investment grants15€157k€96k▼
Amounts payable17/49€258k€278k▲
Amounts payable after more than one year17€94k€130k▲
Financial debts170/4€94k€130k▲
Amounts payable within one year42/48€156k€146k▼
Current portion of amounts payable after more than one year42€38k€39k▲
Trade debts44€653€8k▲
Suppliers440/4€653€8k▲
Taxes, remuneration and social security45€62k€54k▼
Taxes450/3€19k€9k▼
Remuneration and social security454/9€43k€46k▲
Other amounts payable47/48€55k€45k▼
Accrued charges and deferred income492/3€8k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€285k€309k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€81k▲
Other operating charges640/8€3k€11k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€279k€421k▲
Operating profit (loss)9901€-85k€18k▲
Financial income75/76B€495€25▼
Recurring financial income75€495€25▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€-90k€12k▲
Profit (loss) for the period9904€-90k€12k▲
Profit (loss) for the period to be appropriated9905€-90k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-201k€-189k▲
Profit (loss) brought forward from the previous period14P€-111k€-201k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vossenplein 501000 BrusselGround area
5,064 m²
Building footprint
5,183 m²
Volume, LiDAR
73,625 m³
Parcel 21809K0959/02B000, Brussels · tallest building 23.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Mazette
since 20212.315.806.506
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0959/02B000 | Brussels | 5,064 m² | 1 · 5,183 m² | 23.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 siteBrussel2.315.806.506
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Of 14,025 companies in sector 56301 we hold annual accounts for 4,894. 3,075 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded13-04-2021
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
11050Manufacture of beer
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
70200Business and other management consultancy
70220Business consulting
82300Organisation of conventions and trade shows
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.mazette.brussels
E-mail:cheers@mazette.brussels