MAZZELTOV
ActiveSummary
MAZZELTOV has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-19k) and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.21 in 2023; short-term debt: 184.7% and cash: 4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-84.7%
Return on assets
-48.1%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-19k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
7 d late
2022
166 d early
2021
4 d early
2020
33 d early
2019
113 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€33k
EBIT margin
-33.7%
Net result
€-11k▲ 53.2%
2023 · €-24k
2018: €-7k
2019: €4k▲ +154% vs 2018
2020: €-399▼ -111% vs 2019
2021: €-4k▼ -942% vs 2020
2022: €17k▲ +498% vs 2021highest in 7 years
2023: €-24k▼ -242% vs 2022lowest in 7 years
2024: €-11k▲ +53.2% vs 2023
2018 → 2024
Working capital
€-36k▼ 29.8%
2023 · €-28k
2018: €-400
2019: €965▲ +341% vs 2018highest in 7 years
2020: €-18k▼ -1946% vs 2019
2021: €-27k▼ -54.3% vs 2020
2022: €-6k▲ +79.9% vs 2021
2023: €-28k▼ -402% vs 2022
2024: €-36k▼ -29.8% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€33k
Equity€3k-€-1k€15k€-8k€-19k▼ 131%
2020: €3k
2021: €-1k▼ -151% vs 2020
2022: €15k▲ +1182% vs 2021highest in 5 years
2023: €-8k▼ -155% vs 2022
2024: €-19k▼ -131% vs 2023lowest in 5 years
Operating result€-228-€-4k▼ 1,709%€19k€-24k€-11k▲ 53.6%
2020: €-228
2021: €-4k▼ -1709% vs 2020
2022: €19k▲ +563% vs 2021highest in 5 years
2023: €-24k▼ -223% vs 2022lowest in 5 years
2024: €-11k▲ +53.6% vs 2023
Net result€-399-€-4k▼ 942%€17k€-24k€-11k▲ 53.2%
2020: €-399
2021: €-4k▼ -942% vs 2020
2022: €17k▲ +498% vs 2021highest in 5 years
2023: €-24k▼ -242% vs 2022lowest in 5 years
2024: €-11k▲ +53.2% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2024 against €24k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €23k
Fixed assets
€17k ▼ 14.2%
Current assets
€6k ▼ 12.4%
Key figures and ratios
EBITDA
€-8k▲
2023 · €-20k
Cash flow
€-8k▲
2023 · €-20k
Solvency
-84.7%▼
2023 · -31.6%
Current ratio
0.15▼
2023 · 0.21
Debt to equity
-2.18▲
2023 · -4.17
ROA
-48.1%▲
2023 · -88.8%
Interest coverage
-174.57▲
2023 · -449.87
Debt
€42k▲
2023 · €35k
Debt ≤ 1 year
€42k▲
2023 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€27k€23k▼
Fixed assets21/28€19k€17k▼
Tangible fixed assets22/27€19k€17k▼
Land and buildings22€19k€17k▼
Current assets29/58€7k€6k▼
Amounts receivable within one year40/41€2k€946▼
Trade receivables40-€441
Other amounts receivable41€2k€505▼
Cash at bank and in hand54/58€3k€906▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€27k€23k▼
Equity10/15€-8k€-19k▼
Contributions10/11€6k€6k=
Reserves13€17k€17k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-31k€-42k▼
Amounts payable17/49€35k€42k▲
Amounts payable within one year42/48€35k€42k▲
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45-€173
Taxes450/3-€173
Other amounts payable47/48€34k€42k▲
Income statement
Code20232024
Turnover70-€33k
Goods, raw materials, services and sundry goods60/61€44k€40k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€678€595▼
Gross operating margin9900€-20k€-8k▲
Operating profit (loss)9901€-24k€-11k▲
Financial charges65/66B€45€47▲
Recurring financial charges65€45€47▲
Profit (loss) for the period before taxes9903€-24k€-11k▲
Income taxes67/77€-101-
Profit (loss) for the period9904€-24k€-11k▲
Profit (loss) for the period to be appropriated9905€-24k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-42k▼
Profit (loss) brought forward from the previous period14P€-8k€-31k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €33k | - |
| Non-recurring operating income76A | - | €4k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €44k | €40k | ▼ 9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €758 | €3k | €3k | €3k | €3k | ▼ 17.9% |
| Other operating charges640/8 | - | €449 | €8k | €678 | €595 | ▼ 12.2% |
| Gross operating margin9900 | €978 | €-535 | €30k | €-20k | €-8k | ▲ 61.1% |
| Operating profit (loss)9901 | €-228 | €-4k | €19k | €-24k | €-11k | ▲ 53.6% |
| Financial income75/76B | - | €12 | €551 | - | - | - |
| Recurring financial income75 | - | €12 | €551 | - | - | - |
| Financial charges65/66B | - | €45 | €44 | €45 | €47 | ▲ 4.4% |
| Recurring financial charges65 | €171 | €45 | €44 | €45 | €47 | ▲ 4.4% |
| Profit (loss) for the period before taxes9903 | €-399 | €-4k | €20k | €-24k | €-11k | ▲ 53.4% |
| Income taxes67/77 | - | - | €3k | €-101 | - | - |
| Profit (loss) for the period9904 | €-399 | €-4k | €17k | €-24k | €-11k | ▲ 53.2% |
| Profit (loss) for the period to be appropriated9905 | €-399 | €-4k | €17k | €-24k | €-11k | ▲ 53.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41k | €32k | €54k | €27k | €23k | ▼ 13.7% |
| Fixed assets21/28 | €21k | €26k | €23k | €19k | €17k | ▼ 14.2% |
| Tangible fixed assets22/27 | €21k | €26k | €23k | €19k | €17k | ▼ 14.2% |
| Land and buildings22 | - | €25k | €22k | €19k | €17k | ▼ 14.2% |
| Furniture and vehicles24 | - | €1k | €600 | - | - | - |
| Current assets29/58 | €21k | €6k | €31k | €7k | €6k | ▼ 12.4% |
| Amounts receivable within one year40/41 | €2k | €2k | €2k | €2k | €946 | ▼ 47.9% |
| Trade receivables40 | - | - | - | - | €441 | - |
| Other amounts receivable41 | - | €2k | €2k | €2k | €505 | ▼ 72.2% |
| Cash at bank and in hand54/58 | €8k | €4k | €26k | €3k | €906 | ▼ 64.4% |
| Deferred charges and accrued income490/1 | - | - | €2k | €3k | €4k | ▲ 57.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41k | €32k | €54k | €27k | €23k | ▼ 13.7% |
| Equity10/15 | €3k | €-1k | €15k | €-8k | €-19k | ▼ 131% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | - | - | €17k | €17k | €17k | = |
| Distributable reserves133 | - | - | €17k | €17k | €17k | = |
| Profit (loss) carried forward14 | €-3k | €-8k | €-8k | €-31k | €-42k | ▼ 35.3% |
| Amounts payable17/49 | €39k | €33k | €39k | €35k | €42k | ▲ 21.1% |
| Amounts payable within one year42/48 | €39k | €33k | €37k | €35k | €42k | ▲ 21.1% |
| Trade debts44 | €2k | €1k | €4k | €1k | - | - |
| Suppliers440/4 | - | €1k | €4k | €1k | - | - |
| Taxes, remuneration and social security45 | - | - | €504 | - | €173 | - |
| Taxes450/3 | - | - | €504 | - | €173 | - |
| Other amounts payable47/48 | - | €32k | €33k | €34k | €42k | ▲ 25.1% |
| Accrued charges and deferred income492/3 | - | - | €2k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-399 | €-4k | €17k | €-24k | €-11k | ▲ 53.2% |
| + Depreciation and write-downs630 | €758 | €3k | €3k | €3k | €3k | ▼ 17.9% |
| Operating cash flow (approximation) | €359 | €-1k | €20k | €-20k | €-8k | ▲ 59.1% |
| Investment in fixed assets (approximation) | - | €-9k | €-1 | €0 | €-1 | - |
| Change in cash | - | €-5k | €23k | €-24k | €-2k | ▲ 93.2% |
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
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
15-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 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.
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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, Antwerpen · 1 establishment unit since 2018
Ground area
1,747 m²
Building footprint
299 m²
Volume, LiDAR
4,866 m³
Parcel 11803C2477/00A000, Flanders · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Lange Nieuwstraat 64, 2000 Antwerpen
since 20182.276.441.431
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C2477/00A000 | Flanders | 1,747 m² | 1 · 299 m² | 20.5 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,653 companies in sector 90111 we hold annual accounts for 385. 279 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
Founded26-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
90111Literary creation
Scores and ratios are computed by Checked and are not a credit decision.