Financials
- Fiscal year
- 2025
- Total assets
- €7,811
- Loss
- -€14,429
- Solvency
- 51.9%
Total assets▼ 72.7%
Net result
20242025
MAZHAR STUDIO
ActiveSummary
The annual accounts of MAZHAR STUDIO for fiscal year 2025 show a net loss of 185% of total assets and of 78% of the equity at the start of that year. The 2025 annual accounts show equity of €4,053 and a net result of -€14,429. Its solvency ranks better than 48% of 8524 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Advertising agencies
NACE 73110
1 site
Size
€7,811total assets 2025
- Equity
- €4,053
- Loss
- -€14,429
Turnover not published (abridged schema)
Structure
Accounts on time0 of 1 deed read
Why 54Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Founded in 2024- Loss of €14,429 (FY 2025)+ Sector Advertising, market research and public relations activities (NACE 73)+ Size: total assets €7,811Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 23% of its sector peers (NACE 73, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
77-13
equity 51.9% of total assets
Liquidity
42-35
short-term debt 47.5% · cash 12.6%
Profitability
0-100
return on assets -184.7%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 0.9%
03-2025: 0.9%● 0.0% vs 02-2025
04-2025: 0.9%▲ +3.0% vs 03-2025
05-2025: 1.0%▲ +5.5% vs 04-2025
06-2025: 1.1%▲ +6.5% vs 05-2025
07-2025: 1.2%▲ +11.8% vs 06-2025
08-2025: 1.3%▲ +10.9% vs 07-2025highest value
09-2025: 0.3%▼ -80.0% vs 08-2025lowest value
10-2025: 0.3%▲ +1.5% vs 09-2025
11-2025: 0.3%▼ -1.5% vs 10-2025lowest value
12-2025: 0.3%● 0.0% vs 11-2025lowest value
01-2026: 0.3%▲ +5.7% vs 12-2025
02-2026: 0.3%● 0.0% vs 01-2026
03-2026: 0.3%▲ +6.9% vs 02-2026
04-2026: 0.3%▲ +9.5% vs 03-2026
05-2026: 0.3%▲ +5.6% vs 04-2026
06-2026: 0.3%▼ -0.3% vs 05-2026
07-2026: 0.4%▲ +4.7% vs 06-2026
08-2026: 0.6%▲ +64.3% vs 07-2026
09-2026: 0.6%▼ -3.1% vs 08-2026
10-2026: 0.6%● 0.0% vs 09-2026
- Sector Advertising, market research and public relations activities (NACE 73) lowers the probability
- Founded in 2024 raises the probability for this profile
- Size: total assets €7,811 lowers the probability for this profile
- Loss of €14,429 (FY 2025) raises the probability
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.5 against 2.72 in 2024; short-term debt: 47.5% and cash: 12.6% of total assets), and 48.1% of the assets are financed with debt.
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 73, micro). Better than this share of them on solvency 51%, liquidity 25%, profitability 6%, growth against the median 8%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
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.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
on the day
2024
26 d 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 13 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% 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.
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
- Next accounts
- by 31-07-2027
- 31-07-2026Annual accounts filed
- 26-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Advertising agenciesNACE 73110
- Founded
- 16-01-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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