MAZKO
ActiveThe computed 12-month bankruptcy probability of MAZKO is 2.7% (moderate). The 2025 annual accounts show equity of €42k and a net result of €2k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 17987 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
94
/ 100
Excellent▲ +16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▲+19
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 5.89 against 6.87 in 2024), and 16% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84%
Return on assets
3.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 6 filingsDeviation from the deadline
2025
24 d late
2024
27 d late
2023
47 d early
2022
3 d early
2021
13 d late
2020
26 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€42k▲ 4.4%
2024 · €40k
2020: €31k
2021: €35k
2022: €38k
2023: €40k
2024: €40k
2020 → 2025
Total assets
€50k▲ 6.2%
2024 · €47k
2020: €47k
2021: €55k
2022: €46k
2023: €44k
2024: €47k
2020 → 2025
Net result
€2k▲ 974%
2024 · €164
2020: €29k
2021: €4k
2022: €3k
2023: €2k
2024: €164
2020 → 2025
Working capital
€39k▼ 3.0%
2024 · €40k
2020: €28k
2021: €33k
2022: €36k
2023: €40k
2024: €40k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€38k▲ 8.9%€40k▲ 4.1%€40k▲ 0.4%€42k▲ 4.4%
Operating result€9k-€7k▼ 17.5%€3k▼ 61.1%€603▼ 78.6%€3k▲ 419%
Net result€4k-€3k▼ 28.4%€2k▼ 49.8%€164▼ 89.6%€2k▲ 974%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 419% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50k
Fixed assets
€3k
Current assets
€47k
Equity and liabilities €50k
Equity
€42k▲ 4.4%
Debt
€8k▲ 16.5%
The debt ratio rises from 14.5% to 16.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€4k
Cash flow
€2k
Solvency
84.0%▼
2024 · 85.5%
Current ratio
5.89▼
2024 · 6.87
Quick ratio
5.89▼
2024 · 6.87
Debt / equity
0.19▲
2024 · 0.17
ROE
4.2%▲
2024 · 0.4%
ROA
3.5%▲
2024 · 0.3%
Interest coverage
67.58
Debt
€8k▲
2024 · €7k
Debt ≤ 1 year
€8k▲
2024 · €7k
Income taxes
€1k▲
2024 · €390
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€47k€50k▲
Fixed assets21/28-€3k
Tangible fixed assets22/27-€3k
Furniture and vehicles24-€3k
Current assets29/58€47k€47k▼
Amounts receivable within one year40/41€34k€36k▲
Trade receivables40€11k€16k▲
Other amounts receivable41€23k€20k▼
Cash at bank and in hand54/58€12k€10k▼
Equity and liabilities
Total equity and liabilities10/49€47k€50k▲
Equity10/15€40k€42k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€38k€40k▲
Amounts payable17/49€7k€8k▲
Amounts payable within one year42/48€7k€8k▲
Trade debts44€215€219▲
Suppliers440/4€215€219▲
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48€4k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€295-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€556
Other operating charges640/8€387€400▲
Gross operating margin9900€1k€4k▲
Operating profit (loss)9901€603€3k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€50€55▲
Recurring financial charges65€50€55▲
Profit (loss) for the period before taxes9903€554€3k▲
Income taxes67/77€390€1k▲
Profit (loss) for the period9904€164€2k▲
Profit (loss) for the period to be appropriated9905€164€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€40k▲
Profit (loss) brought forward from the previous period14P€38k€38k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €164 ▼89.6%
Net result drops to €164, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 5.97
Current ratio from 2.64 to 5.97; short-term debt falls from €20k to €7k.
13-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 13 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 2020
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.
Arthur Maesstraat 2011130 BrusselGround area
544 m²
Building footprint
319 m²
Volume, LiDAR
2,606 m³
2 parcels, Brussels · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MAZKO
since 20202.296.011.675
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0233/00W005 | Brussels | 296 m² | 1 · 97 m² | 11.1 m · 3 fl. |
| 21821C0176/00A004 | Brussels | 247 m² | 1 · 222 m² | 9.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MUKTI
BE 0480.063.787
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H.E.R.V.
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Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 4,523 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-2019
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
47252Retail sale of beverages, general range
47260Retail trade
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.