MAZGHANA
The computed 12-month bankruptcy probability of MAZGHANA is 11.0% (high). The 2021 annual accounts show equity of €4k and a net result of €-17k. Equity is shrinking by ~19.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2024. Its solvency ranks better than 95% of 107 sector peers (fiscal year 2021). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4k |
| Net result | €-17k |
| Better than sector | 95% |
| Active | 11 yrs |
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 100.0% | 31.2% | |
| Net result | €-17k | €6k | |
| Equity | €4k | €13k | |
| Gross operating margin | €-4k | €24k | |
| Total assets | €4k | €50k |
| Fiscal year | 2021 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-17k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €660 |
| Dividends | - |
| Total assets | €4k |
| Equity | €4k |
| Debt | - |
| of which ≤ 1y | - |
| of which > 1y | - |
| Working capital | - |
| Employees (FTE) | - |
| 2021 | |
|---|---|
| Current ratio | - |
| Quick ratio | - |
| Working capital ratio | - |
| Solvency | 100.0% |
| Debt / equity | - |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -434.2% |
| ROE | -434.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4k |
| Current assets | 29/58 | €4k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4k |
| Equity | 10/15 | €4k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €1k |
| Accumulated profits (losses) | 14 | €-16k |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-16k |
| Financial charges | 65 | €160 |
| Result before taxes | 9903 | €-16k |
| Income taxes | 67/77 | €660 |
| Net result for the period | 9904 | €-17k |
| Result to be appropriated | 9905 | €-17k |
-
Current30-05-2022 → present
Historic, not recently confirmed (1)
-
Not recently confirmedlast confirmed in an act from 2016
Former directors (3)
-
Former- → 31-12-2025
-
Former- → 30-05-2022
-
Former- → 14-11-2016
| NACE primary | Overige posterijen en koeriers(53200) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 29-05-2015 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0125/00H007 | Flanders | 460 m² | 1 · 460 m² | 11.1 m · 2 fl. |
| 21809K0170/02B005 | Brussels | 336 m² | 1 · 340 m² | 21.1 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
02-06-2026 General meeting · Officer resignation · Officer appointment · Share transfer
- Filing: 2026-05-26 · MAZGHANA
- Publication: 2026-06-02 · MAZGHANA
- General meeting: 2026-03-30 · MAZGHANA
- Officer resignation: date: 2026-03-31, role: administrateur · BOUZIZOUA Mahjoub
- Officer appointment: date: 2026-04-01, role: Administrateur · GHZIEL Mouad
- Share transfer: shares: toutes les parts sociales, quantity: 100 · BOUZIZOUA Mahjoub
- Seat change: new: Avenue Charles - Quint 30 à 1083 Ganshoren, old: AVENUE DE STALLINGRAD 52 à 1000 BRUXELLES · MAZGHANA
- Act object: DEMISSION - NOMINATION - TRANSFERT DU SIEGE ET
Technical details
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}17-02-2026 Transaction in capital or shares
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}18-04-2024 Transaction in capital or shares
Technical details
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}30-05-2022 1 director appointed, 1 resigning
- BOUZIZOUA Mahjoub, Bestuurder
- BOUZIZOUA Mohammed, Bestuurder
Technical details
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}21-02-2022 Transaction in capital or shares
Technical details
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}14-11-2016 1 director appointed, 1 resigning
- BEN ALI Mostafa, Gedelegeerd bestuurder
- YAGOUBA Mustapha, Gedelegeerd bestuurder
Technical details
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}02-06-2015 Incorporation of a new SRL
Technical details
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"amount_paid_in_eur": 6132.0,
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MAZGHANA |