Equity
€12.1m ▲ 10.8%
MAZUIN FOSSES has made a profit without a break since 2019.
MAZUIN FOSSES
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak €25.0m (2024)
€23.4m▼ 6.4%
lowest -€43,593 (2018)
€1.2m▲ 27.3%
peak €12.1m (2025)
€12.1m▲ 10.8%
€11.1m▼ 21.3%
peak 66.1 FTE (2011)
25.7 FTE▼ 1.9%
Board8 names since 2017
2 directorsMICHAËL MAZUIN SPORTS and 1 other
Documentsfilings and deeds
24-07-20267 days before the deadline
2025financial year
Turnover from €191,653 to €140,000Result from €924,061 to €1.2mAppointment: Michaël Mazuin (managing director) 08-01Debts from €14.1m to €11.1mCash from €63,830 to €172,632
Key points
from the 2025 annual accountsTurnover
€140,000 ▼ 27.0%
Turnover fell in 2025 from €191,653 to €140,000.
Staff
25.7 FTE from 66.1 in 2011
Between 2011 and 2025, 61% of the full-time equivalents disappeared.
Payment terms
220 days to suppliers
MAZUIN FOSSES pays its suppliers 43 days later than in 2024. Customers pay 1,068 days later.
Board
3 joined · 2 left
Board changed. Latest change 06-11-2026 · 4 in office.
Position in the sector
€1.2m
Higher net result than 95% of companies in retail trade. Sector median €39,909 · 5,068 companies.
Standalone figures, without subsidiaries
Checked score
88
Excellent
Financially stronger than 63% of small companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 3,697 companies (NACE 47, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.6%▲ +0.1 percentage points vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.7%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.9%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.4%▼ -0.5 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.5%▲ +0.1 percentage points vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.6%▲ +0.1 percentage points vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.3%▼ -0.3 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.56, cash €172,632
lowers risk
Founded in 1998
Equity €12.1m (51.7% of total assets)
Profit of €1.2m (financial year 2025)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small). It does better than 74% of them on solvency, 57% on liquidity, 84% on profitability and 35% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as MAZUIN FOSSES has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of MAZUIN FOSSES itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for MAZUIN FOSSES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.56 (0.45 in 2024), below 1. Short-term debt is 15.5% and cash 0.7% of total assets. 48.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 24-07-2026, 7 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
7 days early
2024
31 days early
2023
8 days early
2022
31 days early
2021
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 22 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MAZUIN Michaëldeed of 26-09-2022
- MIGEOT Anne-Frédérique Fabienne Georgesdeed of 26-09-2022
Shares in 3 companies, including MICHAEL MAZUIN CHARLEROI EST and MICHAEL MAZUIN CHARLEROI SUD
Board & ownershipRecent changes
3 directors appointed, 2 resignations
Resignations: Michaël Mazuin (managing director) and ZONE ROUGE GROUPE SA · Appointments: FALCON TRADE SA, FALCON GG SRL (managing director) and FALCON GT SRL (managing director) · Permanent representatives: Andrea Gagliardi, Gerôme Gagliardi and Tomas Gagliardi · General meeting of 29-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0464866362
Appointment: Michaël Mazuin (managing director)
General meeting of 23-07-2024 · Gazette deed
Resignations & appointments
General meeting of 23-07-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAZUIN FOSSES Fosses-la-Ville | €23.4m | - | 51.7% | 25.7 |
| Urbano Motorhomes Temse Temse | €18.8m | €1.2m | 29.5% | 29.4 |
| Autohandel Didier Waregem | €21.3m | €5.2m | 51.8% | 36.8 |
| GROUP DUYCK Asse | €14.7m | €4.1m | 57.8% | 31.1 |
| BARTOO Turnhout | €23.6m | €4.7m | 38.8% | 34.3 |
| GARAGE DEVISCH Ichtegem | €13.6m | €3.3m | 15.6% | 40 |
| GEERAERD PCK Knokke-Heist | €16.5m | €4.5m | 65.7% | 24.5 |
These companies have the same main activity as MAZUIN FOSSES: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €14m and €24m, founded between 1991 and 2010.
Official details
Source: KBO- Status
- Active since 23-12-1998Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 3 others
- Joint committees
- 112Garages
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.089.969.3245070 Fosses-la-Ville, since 14-01-1999
- 2.260.983.0945070 Fosses-la-Ville, since 01-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €7.9m▲ 5.3%
- €23.4m▼ 6.4%
- Employeeson 31-12-2025
- 25▼ 10.7%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Companies linked to MAZUIN FOSSES
Subsidiaries and holdings
Insights on MAZUIN FOSSES
MAZUIN FOSSES has existed since 1998. The balance sheet total grew from €7.7m in 2006 to €23.4m in 2025, while staff fell from 37.3 to 25.7 full-time equivalents.
Solvency rose in 2025 from 43.7% to 51.7% because of the retained profit and lower debts.
In November 2026, the Official Gazette published the appointment of FALCON GG as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MAZUIN FOSSES
- What is the company number of MAZUIN FOSSES?
- The company number of MAZUIN FOSSES is 0464.866.362. The VAT number is the same number with BE in front: BE 0464.866.362.
- Where is MAZUIN FOSSES based?
- The registered office is at Avenue des Déportés 32, 5070 Fosses-la-Ville.Company details
- What does MAZUIN FOSSES do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of MAZUIN FOSSES?
- MAZUIN FOSSES is a public limited company (NV).
- When was MAZUIN FOSSES founded?
- MAZUIN FOSSES was founded on 23-12-1998.
- Is MAZUIN FOSSES still active?
- Yes, MAZUIN FOSSES is an active enterprise in the KBO register.
- How many employees does MAZUIN FOSSES have?
- MAZUIN FOSSES had an average of 25.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MAZUIN FOSSES fall under?
- In its 2025 annual accounts, MAZUIN FOSSES states joint committees 112 (Garages) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of MAZUIN FOSSES?
- The turnover of MAZUIN FOSSES was €140,000 in financial year 2025, according to the filed annual accounts.
- Is MAZUIN FOSSES profitable?
- In financial year 2025, MAZUIN FOSSES made a profit of €1.2m.
- Where can I find the annual accounts of MAZUIN FOSSES?
- MAZUIN FOSSES filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAZUIN FOSSES due?
- MAZUIN FOSSES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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