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Mazzeo Services

Active
Private limited companyfounded 199035 years activeMolenstraat 79, 1570 Pajottegem, BelgiumKBO/BCE: BE 0442.786.390
Summary

Mazzeo Services has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128,524 and a net result of €34,603. Equity is growing by ~35.5% per year across the filed fiscal years. Its solvency ranks better than 33% of 33,994 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Plastering work
NACE 43310Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811Freight transport by road NACE 49410
1 site
Size
€403,198total assets 2025
Equity
€128,524
Profit
€34,603
Turnover not published (abridged schema)
Financial health
85 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.3%
Structure
Accounts 31 days early0 of 6 deeds read
Why 85- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 0.75, cash €9,258+ Founded in 1990+ Size: total assets €403,198Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 47% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 57-11
equity 31.9% of total assets
Liquidity 31-4
short-term debt 44.7% · cash 2.3%
Profitability 79-7
return on assets 8.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025lowest value 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -0.2 percentage points 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: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.2 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.57 in 2024; short-term debt: 44.7% and cash: 2.3% of total assets), and 68.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 34% on solvency, 20% on liquidity, 58% on profitability and 78% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Sector Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1990
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €403,198
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.75, cash €9,258
NBB · annual accounts
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
25 days late
2023
44 days early
2022
151 days early
2021
95 days late
2020
114 days late
2019
159 days 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 24 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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 30 June (4 of the last 5 filed years within 120 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2018net €34,603 ▲13.1%
  3. Equity above €100,000Eq €128,524 ▲36.8%

Key points

  • Among the largest 18% on total assetssector median €138,079 · 33,999 companies €403,198 View
  • Positive: 5 profitable years in a rowprofit 2025: €34,603 5 years View
  • Active since 1990founded 18-12-1990 35 years View

By topic

Financials

Fiscal year
2025
Total assets
€403,198
Profit
€34,603
Solvency
31.9%
Total assets▲ 84.9%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 25-08-2025Annual accounts filed
  2. 17-06-2024Annual accounts filed
  3. 02-03-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plastering workNACE 43310
Founded
18-12-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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