Equity
€289,389 from €539,628 in 2021
Equity fell by 46% in 4 years.
MAZUIN PROPERTIES
Lifetime
20 annual accounts with figures on one time axispeak €549,521 (2021)
€96,148▲ 7.5%
lowest -€185,846 (2014)
-€133,056▼ €61,133
peak €539,628 (2021)
€289,389▼ 31.5%
€1.7m▼ 22.4%
peak 4.3 FTE (2018)
-not published
Board2 names since 2016
1 directorMAZUIN Christophe
Owners2 names in the annual accounts
Documentsfilings and deeds
11-08-202611 days late
2025financial year
Loss of €133,056Equity from €422,444 to €289,389Debts from €2.2m to €1.7mCash from €75,923 to €24,450
Key points
from the 2025 annual accountsLosses
-€250,240 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€1.7m 85% of the balance sheet
Financial debts 43%Suppliers 0%Taxes and wages 0%Other 57%
Of this, €49,679 falls due within a year.
Investments
€37,322 0.2 × depreciation
Green is investment, beige is depreciation.
Filings
20 annual accounts 21 filings since 2006
Seven of the last ten came late. The 2019 accounts came latest: 24 days after the end of the period.
Position in the sector
-€133,056
Lower net result than 90% of companies in retail trade. Sector median €39,880 · 5,067 companies.
Checked score
82
Excellent
Financially stronger than 32% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.5%▲ +0.1 percentage points vs 04-2025
06-2025: 0.6%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▼ -0.1 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.4%▼ -0.2 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 0.4%▼ -0.6 percentage points vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €133,056, the second in a row (financial year 2025)
Sector: Retail trade (NACE 47)
lowers risk
Size: total assets €2.0m
Founded in 2005
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, micro). It does better than 31% of them on solvency, 56% on liquidity, 25% on profitability and 15% 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, 2,507 companies had the same profile as MAZUIN PROPERTIES has now. Each dot stands for 7 companies, two years later.
96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MAZUIN PROPERTIES itself: 0.4% 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 2,507 companies, not a prediction for MAZUIN PROPERTIES. 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 €23,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.76 (4.55 in 2024), above the usual 1.5. Short-term debt is 2.5% and cash 1.2% of total assets. However, 85.3% 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
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€133,056
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
11 days late
2024
21 days early
2023
14 days late
2022
12 days early
2021
22 days late
2020
18 days late
2019
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 8 days after 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 11 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Purpose change
“exclusivement activités immobilières” (deed in French) · General meeting of 24-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0874553285
Registered office moved from Naninne to Dave
New registered office: Voye do P'tit Vevi 8, 5100 Dave · Previous registered office: Rue des Pieds d'Alouette 12 à 5100 Naninne · Board meeting of 30-01-2024 · Gazette deed
Capital increase of €42,900 to €61,500
Capital from €18,600 to €61,500 · Change of role: MAZUIN Christophe, from manager to sole director · Legal-form conversion: from private limited company to public limited company · General meeting of 27-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAZUIN PROPERTIES Namur | €2.0m | €96,148 | 14.7% | - |
| BOSCO INVESTMENTS Dilbeek | €1.9m | €98,526 | 32.8% | - |
| BAUWENS Tielt-Winge | €2.2m | €112,486 | 14.6% | - |
| ABS-CARS GENT Ghent | €1.8m | €78,075 | 32.1% | 0 |
| garage muylaert Torhout | €1.6m | €104,299 | 65.4% | - |
| Mister Willy Antwerp | €2.0m | €130,400 | 4.1% | - |
| R.L. CAR Philippeville | €1.5m | €141,284 | 26.2% | - |
These companies have the same main activity as MAZUIN PROPERTIES: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €1.5m and €2.2m, founded between 2000 and 2007.
Official details
Source: KBO- Status
- Active since 20-06-2005Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 2 others
- Joint committees
- 112Garages
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.151.707.4485100 Namur, since 08-02-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 03-07-2025
Annual accounts 2025
- ≈ €790,000estimated
- €2.0m▼ 23.9%
- ≈ 0.1 FTEestimated
- Filing
- Filed on 11-08-2026
Insights on MAZUIN PROPERTIES
MAZUIN PROPERTIES has existed since 2005. The gross margin fell from €549,521 in 2021 to €78,585 in 2022 and staff from 2.4 to 1.2 full-time equivalents.
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 PROPERTIES
- What is the company number of MAZUIN PROPERTIES?
- The company number of MAZUIN PROPERTIES is 0874.553.285. The VAT number is the same number with BE in front: BE 0874.553.285.
- Where is MAZUIN PROPERTIES based?
- The registered office is at Vôye do P'tit Vèvî 8, 5100 Namur.Company details
- What does MAZUIN PROPERTIES 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 PROPERTIES?
- MAZUIN PROPERTIES is a public limited company (NV).
- When was MAZUIN PROPERTIES founded?
- MAZUIN PROPERTIES was founded on 20-06-2005.
- Is MAZUIN PROPERTIES still active?
- Yes, MAZUIN PROPERTIES is an active enterprise in the KBO register.
- How many employees does MAZUIN PROPERTIES have?
- MAZUIN PROPERTIES had an average of 0.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does MAZUIN PROPERTIES fall under?
- In its 2025 annual accounts, MAZUIN PROPERTIES states joint committees 112 (Garages) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of MAZUIN PROPERTIES?
- The turnover in financial year 2025 is ≈ €790,000. This figure is estimated from the gross margin of €96,148 and 33 comparable companies (NACE 47811). It probably lies between €540,000 and €1.7m.
- Is MAZUIN PROPERTIES profitable?
- In financial year 2025, MAZUIN PROPERTIES made a loss of €133,056.
- Where can I find the annual accounts of MAZUIN PROPERTIES?
- MAZUIN PROPERTIES filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAZUIN PROPERTIES due?
- MAZUIN PROPERTIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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