MAZONE
ActiveSummary
The computed 12-month bankruptcy probability of MAZONE is 1.8% (moderate). The 2025 annual accounts show equity of €79,281 and a net result of €3. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 52% of 3762 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability32▲+9
Solvency56▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.28 in 2024; short-term debt: 68.5% and cash: 49.1% of total assets), and 68.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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
Food and beverage service activities (NACE 56)
about 206% 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
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
31.5%
Return on assets
0%
Age of the figures
9 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 29-08-2026, 29 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
29 d late
2024
30 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
28 d late
2019
31 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 30 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 company by total assets in La Hulpe, Accommodation and food service sector#8 oldest company in La Hulpe, Accommodation and food service sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3
2024 · -€6,590
Working capital
€72,367▲ 3.8%
2024 · €69,697
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€226,009▲ 51.5%€37,404▼ 83.5%€43,081▲ 15.2%€2,087▼ 95.2%€7,515▲ 260%
Net result€218,544above the sector's middle half▲ 51.5%€30,332within the sector's middle half▼ 86.1%€36,767within the sector's middle half▲ 21.2%-€6,590within the sector's middle half€3within the sector's middle half
Equity€87,830within the sector's middle half▲ 26.8%€88,162within the sector's middle half▲ 0.4%€89,929within the sector's middle half▲ 2.0%€79,278within the sector's middle half▼ 11.8%€79,281within the sector's middle half=
Total assets€615,543above the sector's middle half▲ 61.0%€522,749within the sector's middle half▼ 15.1%€369,105within the sector's middle half▼ 29.4%€332,323within the sector's middle half▼ 10.0%€251,977within the sector's middle half▼ 24.2%
Debt€503,213▲ 74.3%€410,087▼ 18.5%€254,677▼ 37.9%€253,045▼ 0.6%€172,696▼ 31.8%
Working capital€109,732above the sector's middle half▲ 18.9%€106,922above the sector's middle half▼ 2.6%€108,522above the sector's middle half▲ 1.5%€69,697within the sector's middle half▼ 35.8%€72,367within the sector's middle half▲ 3.8%
Solvency14.3%within the sector's middle half▼ 3.8pp16.9%within the sector's middle half▲ 2.6pp24.4%within the sector's middle half▲ 7.5pp23.9%within the sector's middle half▼ 0.5pp31.5%within the sector's middle half▲ 7.6pp
Current ratio1.22within the sector's middle half▼ 0.101.26within the sector's middle half▲ 0.041.43within the sector's middle half▲ 0.171.28within the sector's middle half▼ 0.151.42within the sector's middle half▲ 0.14
Return on assets (ROA)35.5%above the sector's middle half▼ 2.2pp5.8%within the sector's middle half▼ 29.7pp10.0%within the sector's middle half▲ 4.2pp-2.0%within the sector's middle half▼ 11.9pp0.0%within the sector's middle half▲ 2.0pp
Staff (FTE)14.8above the sector's middle half▲ 20.3%17.1within the sector's middle half▲ 15.5%16.3within the sector's middle half▼ 4.7%18.9above the sector's middle half▲ 16.0%19.6above the sector's middle half▲ 3.7%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 260% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €251,977
Fixed assets
€6,914 ▼ 27.8%
Current assets
€245,064 ▼ 24.1%
Equity and liabilities €251,977
Equity
€79,281 =
Debt
€172,696 ▼ 31.8%
Debt's share of the balance-sheet total falls from 76.1% to 68.5%. Debt is lower.
Key figures and ratios
EBITDA
€10,182▲
2024 · €5,089
Cash flow
€2,670▲
2024 · -€3,588
Quick ratio
1.31▲
2024 · 1.18
Debt to equity
2.18▼
2024 · 3.19
ROE
0.0%▲
2024 · -8.3%
Interest coverage
1.55▲
2024 · 0.77
Debt ≤ 1 year
€172,696▼
2024 · €253,045
Income taxes
€1,658▼
2024 · €3,206
Staff costs
€691,177▼
2024 · €709,239
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €540,332 | €607,100 | €641,056 | €709,239 | €691,177 | ▼ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €551 | €881 | €2,057 | €3,002 | €2,667 | ▼ 11.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€24,500 | - | - |
| Other operating charges640/8 | €1,422 | €1,906 | €2,013 | €2,153 | €2,561 | ▲ 19.0% |
| Gross operating margin9900 | €768,314 | €647,291 | €688,207 | €691,981 | €703,919 | ▲ 1.7% |
| Operating profit (loss)9901 | €226,009 | €37,404 | €43,081 | €2,087 | €7,515 | ▲ 260% |
| Financial income75/76B | - | - | €629 | €1,143 | €707 | ▼ 38.1% |
| Recurring financial income75 | - | - | €629 | €1,143 | €707 | ▼ 38.1% |
| Financial charges65/66B | €6,465 | €4,746 | €5,514 | €6,614 | €6,561 | ▼ 0.8% |
| Recurring financial charges65 | €6,465 | €4,746 | €5,514 | €6,614 | €6,561 | ▼ 0.8% |
| Profit (loss) for the period before taxes9903 | €219,544 | €32,658 | €38,195 | -€3,384 | €1,661 | ▲ 149% |
| Income taxes67/77 | €1,000 | €2,326 | €1,428 | €3,206 | €1,658 | ▼ 48.3% |
| Profit (loss) for the period9904 | €218,544 | €30,332 | €36,767 | -€6,590 | €3 | ▲ 100% |
| Profit (loss) for the period to be appropriated9905 | €218,544 | €30,332 | €36,767 | -€6,590 | €3 | ▲ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €615,543 | €522,749 | €369,105 | €332,323 | €251,977 | ▼ 24.2% |
| Fixed assets21/28 | €2,598 | €5,740 | €5,907 | €9,581 | €6,914 | ▼ 27.8% |
| Tangible fixed assets22/27 | €2,233 | €5,375 | €5,542 | €9,216 | €6,549 | ▼ 28.9% |
| Plant, machinery and equipment23 | €1,092 | €4,637 | €5,207 | €3,875 | €2,543 | ▼ 34.4% |
| Furniture and vehicles24 | €1,140 | €737 | €335 | - | - | - |
| Other tangible fixed assets26 | - | - | - | €5,340 | €4,005 | ▼ 25.0% |
| Financial fixed assets28 | €365 | €365 | €365 | €365 | €365 | = |
| Current assets29/58 | €612,945 | €517,010 | €363,199 | €322,742 | €245,064 | ▼ 24.1% |
| Stocks and contracts in progress3 | €17,664 | €19,550 | €21,340 | €22,901 | €19,595 | ▼ 14.4% |
| Stocks30/36 | €17,664 | €19,550 | €21,340 | €22,901 | €19,595 | ▼ 14.4% |
| Amounts receivable within one year40/41 | €183,927 | €169,052 | €59,083 | €81,663 | €53,204 | ▼ 34.9% |
| Trade receivables40 | €6,617 | €1,412 | €2,193 | €6,533 | €1,210 | ▼ 81.5% |
| Other amounts receivable41 | €177,310 | €167,639 | €56,891 | €75,130 | €51,993 | ▼ 30.8% |
| Current investments50/53 | €259,740 | €159,740 | €110,181 | €110,980 | €48,476 | ▼ 56.3% |
| Cash at bank and in hand54/58 | €151,614 | €168,667 | €172,595 | €107,197 | €123,789 | ▲ 15.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €615,543 | €522,749 | €369,105 | €332,323 | €251,977 | ▼ 24.2% |
| Equity10/15 | €87,830 | €88,162 | €89,929 | €79,278 | €79,281 | = |
| Contributions10/11 | €31,000 | €31,000 | €34,100 | €34,100 | €34,100 | = |
| Reserves13 | €8,600 | €8,600 | €5,500 | €5,500 | €5,500 | = |
| Non-distributable reserves130/1 | €3,100 | €3,100 | - | - | - | - |
| Reserves not available under the articles1311 | €3,100 | €3,100 | - | - | - | - |
| Tax-exempt reserves132 | €5,500 | €5,500 | €5,500 | €5,500 | €5,500 | = |
| Profit (loss) carried forward14 | €48,230 | €48,562 | €50,329 | €39,678 | €39,681 | = |
| Provisions and deferred taxes16 | €24,500 | €24,500 | €24,500 | - | - | - |
| Provisions for liabilities and charges160/5 | €24,500 | €24,500 | €24,500 | - | - | - |
| Other liabilities and charges164/5 | €24,500 | €24,500 | €24,500 | - | - | - |
| Amounts payable17/49 | €503,213 | €410,087 | €254,677 | €253,045 | €172,696 | ▼ 31.8% |
| Amounts payable within one year42/48 | €503,213 | €410,087 | €254,677 | €253,045 | €172,696 | ▼ 31.8% |
| Trade debts44 | €244,413 | €303,776 | €146,126 | €158,515 | €85,663 | ▼ 46.0% |
| Suppliers440/4 | €244,413 | €303,776 | €146,126 | €158,515 | €85,663 | ▼ 46.0% |
| Taxes, remuneration and social security45 | €58,799 | €76,311 | €73,550 | €94,530 | €87,034 | ▼ 7.9% |
| Taxes450/3 | - | €4,075 | - | €173 | - | - |
| Remuneration and social security454/9 | €58,799 | €72,236 | €73,550 | €94,357 | €87,034 | ▼ 7.8% |
| Other amounts payable47/48 | €200,000 | €30,000 | €35,000 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €218,544 | €30,332 | €36,767 | -€6,590 | €3 | ▲ 100% |
| + Depreciation and write-downs630 | €551 | €881 | €2,057 | €3,002 | €2,667 | ▼ 11.1% |
| Operating cash flow (approximation) | €219,095 | €31,213 | €38,824 | -€3,588 | €2,670 | ▲ 174% |
| Investment in fixed assets (approximation) | - | -€4,023 | -€2,224 | -€6,675 | €0 | ▲ 100% |
| Change in cash | - | €17,053 | €3,928 | -€65,398 | €16,592 | ▲ 125% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
31-12
Financial
Back to profitnet €3
Net result €3 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet -€6,590
Net result drops to -€6,590, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €218,544 ▲51.5%
Operating result €226,009, net result €218,544, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 28 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, La Hulpe · 2 establishment units since 2005
Ground area
2,852 m²
Building footprint
232 m²
Volume, LiDAR
1,549 m³
2 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
QUICK
since 20052.149.296.405
Rue de Chastre, Corroy 58, 1325 Chaumont-Gistoux
since 20112.227.120.592
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050B0295/00D006 | Wallonia | 1,736 m² | 1 · 165 m² | 7.8 m · 2 fl. |
| 25021F0292/00L000 | Wallonia | 1,117 m² | 1 · 67 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 siteLa Hulpe2.149.296.405
Similar companies · same sector, comparable size
GABRIELLA
BE 0457.665.992
Knokke-Heist · Eq €79,325
Celina
BE 0502.926.489
Begijnendijk · Eq €79,343
SHOREDITCH
BE 0540.685.918
Brugge · Eq €79,344
R.T. RUMST
BE 0800.906.036
Rumst · Eq €79,354
THE FOUNDERS
BE 0712.597.335
Gent · Eq €79,384
Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,775 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-10-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0876474083
Also
9925:BE0876474083
Registered
13-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.