ML.MAZO
ActiveSummary
The computed 12-month bankruptcy probability of ML.MAZO is 1.8% (moderate). The 2025 annual accounts show equity of €90,683 and a net result of -€977. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 42% of 13617 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability56▲+38
Solvency47▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.82 against 1.19 in 2024; short-term debt: 28.1% and cash: 4.6% of total assets), and 78.4% 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
Five 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
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 2025Solvency, return and age of the figures
Solvency
21.6%
Return on assets
-0.2%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
29 d late
2023
8 d early
2022
29 d late
2021
31 d late
2020
16 d early
2019
91 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 22 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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 29 August (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 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 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 What changed in the latest annual accounts?What changed
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, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€977▲ 74.2%
2024 · -€3,789
Working capital
-€21,071
2024 · €20,633
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-€23,305▼ 437%€31,440-€38,146-€25,296▲ 33.7%€6,234
Net result-€32,320below the sector's middle half▼ 116%€9,532within the sector's middle half-€46,150below the sector's middle half-€3,789within the sector's middle half▲ 91.8%-€977within the sector's middle half▲ 74.2%
Equity€132,066within the sector's middle half▼ 19.7%€141,598above the sector's middle half▲ 7.2%€95,448above the sector's middle half▼ 32.6%€91,660above the sector's middle half▼ 4.0%€90,683above the sector's middle half▼ 1.1%
Total assets€631,362above the sector's middle half▼ 17.4%€610,917above the sector's middle half▼ 3.2%€548,176above the sector's middle half▼ 10.3%€435,941above the sector's middle half▼ 20.5%€420,660above the sector's middle half▼ 3.5%
Debt€488,719▼ 16.9%€459,917▼ 5.9%€444,501▼ 3.4%€344,281▼ 22.5%€329,977▼ 4.2%
Working capital-€18,184within the sector's middle half▼ 388%-€3,724within the sector's middle half▲ 79.5%-€48,601below the sector's middle half▼ 1,205%€20,633within the sector's middle half-€21,071within the sector's middle half
Solvency20.9%within the sector's middle half▼ 0.6pp23.2%within the sector's middle half▲ 2.3pp17.4%within the sector's middle half▼ 5.8pp21.0%within the sector's middle half▲ 3.6pp21.6%within the sector's middle half▲ 0.5pp
Current ratio0.84within the sector's middle half▼ 0.140.97within the sector's middle half▲ 0.130.68within the sector's middle half▼ 0.291.19within the sector's middle half▲ 0.500.82within the sector's middle half▼ 0.36
Return on assets (ROA)-5.1%below the sector's middle half▼ 3.2pp1.6%within the sector's middle half▲ 6.7pp-8.4%within the sector's middle half▼ 10.0pp-0.9%within the sector's middle half▲ 7.5pp-0.2%within the sector's middle half▲ 0.6pp
Staff (FTE)
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 returns to profit in 2025: €6,234 after a loss of €25,296 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €420,660
Fixed assets
€323,472 ▲ 6.1%
Current assets
€97,188 ▼ 25.9%
Equity and liabilities €420,660
Equity
€90,683 ▼ 1.1%
Debt
€329,977 ▼ 4.2%
Debt's share of the balance-sheet total falls from 79.0% to 78.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€33,248▲
2024 · -€1,361
Cash flow
€26,037▲
2024 · €20,146
Debt to equity
3.64▼
2024 · 3.76
ROE
-1.1%▲
2024 · -4.1%
Interest coverage
4.53▲
2024 · -0.16
Debt ≤ 1 year
€118,259▲
2024 · €110,508
Debt > 1 year
€207,318▼
2024 · €233,773
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,165 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
2.6%
went bankrupt
3.0%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,165 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,717 | €48,322 | €45,652 | €23,935 | €27,014 | ▲ 12.9% |
| Other operating charges640/8 | €1,799 | €1,720 | €1,720 | €1,788 | €1,927 | ▲ 7.8% |
| Gross operating margin9900 | €34,211 | €81,482 | €9,226 | €427 | €35,175 | ▲ 8,138% |
| Operating profit (loss)9901 | -€23,305 | €31,440 | -€38,146 | -€25,296 | €6,234 | ▲ 125% |
| Financial income75/76B | - | - | €49 | €22,079 | €135 | ▼ 99.4% |
| Recurring financial income75 | - | - | €49 | €45 | €135 | ▲ 200% |
| Non-recurring financial income76B | - | - | - | €22,034 | - | - |
| Financial charges65/66B | €9,965 | €22,713 | €9,051 | €8,576 | €7,346 | ▼ 14.3% |
| Recurring financial charges65 | €9,965 | €22,713 | €9,051 | €8,576 | €7,346 | ▼ 14.3% |
| Profit (loss) for the period before taxes9903 | -€33,270 | €8,727 | -€47,148 | -€11,793 | -€977 | ▲ 91.7% |
| Transfer from deferred taxes780 | €1,175 | €1,176 | €1,175 | €8,227 | - | - |
| Income taxes67/77 | €225 | €371 | €177 | €223 | - | - |
| Profit (loss) for the period9904 | -€32,320 | €9,532 | -€46,150 | -€3,789 | -€977 | ▲ 74.2% |
| Transfer from tax-exempt reserves789 | €3,041 | €3,041 | €3,041 | €18,300 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€29,279 | €12,573 | -€43,109 | €14,511 | -€977 | ▼ 107% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €631,362 | €610,917 | €548,176 | €435,941 | €420,660 | ▼ 3.5% |
| Fixed assets21/28 | €537,742 | €489,420 | €443,768 | €304,800 | €323,472 | ▲ 6.1% |
| Tangible fixed assets22/27 | €513,797 | €465,475 | €419,823 | €304,655 | €323,472 | ▲ 6.2% |
| Land and buildings22 | €374,726 | €351,369 | €328,012 | €304,655 | €281,298 | ▼ 7.7% |
| Plant, machinery and equipment23 | €127 | - | - | - | €25,331 | - |
| Furniture and vehicles24 | €5,451 | €2,187 | €577 | - | €16,843 | - |
| Other tangible fixed assets26 | €133,493 | €111,919 | €91,234 | - | - | - |
| Financial fixed assets28 | €23,945 | €23,945 | €23,945 | €145 | - | - |
| Current assets29/58 | €93,620 | €121,497 | €104,408 | €131,141 | €97,188 | ▼ 25.9% |
| Amounts receivable within one year40/41 | €20,068 | €58,383 | €45,824 | €66,551 | €36,624 | ▼ 45.0% |
| Trade receivables40 | €6,424 | €57,897 | €45,824 | €65,484 | €36,624 | ▼ 44.1% |
| Other amounts receivable41 | €13,644 | €486 | - | €1,067 | - | - |
| Current investments50/53 | - | - | €40,000 | €40,000 | €40,000 | = |
| Cash at bank and in hand54/58 | €73,162 | €62,261 | €17,992 | €23,592 | €19,252 | ▼ 18.4% |
| Deferred charges and accrued income490/1 | €390 | €853 | €592 | €998 | €1,312 | ▲ 31.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €631,362 | €610,917 | €548,176 | €435,941 | €420,660 | ▼ 3.5% |
| Equity10/15 | €132,066 | €141,598 | €95,448 | €91,660 | €90,683 | ▼ 1.1% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | €20,000 | - | - | - | - | - |
| Issued capital100 | €20,000 | - | - | - | - | - |
| Outside capital11 | - | €20,000 | €20,000 | €20,000 | - | - |
| Other1109/19 | - | €20,000 | €20,000 | €20,000 | - | - |
| Reserves13 | €144,081 | €141,040 | €137,999 | €67,700 | €67,700 | = |
| Non-distributable reserves130/1 | €2,000 | €2,000 | - | - | - | - |
| Legal reserve130 | €2,000 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €2,000 | - | - | - | - |
| Tax-exempt reserves132 | €52,081 | €49,040 | €45,999 | €27,700 | €27,700 | = |
| Distributable reserves133 | €90,000 | €90,000 | €92,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | -€32,015 | -€19,442 | -€62,551 | €3,960 | €2,983 | ▼ 24.7% |
| Provisions and deferred taxes16 | €10,577 | €9,402 | €8,227 | - | - | - |
| Deferred taxes168 | €10,577 | €9,402 | €8,227 | - | - | - |
| Amounts payable17/49 | €488,719 | €459,917 | €444,501 | €344,281 | €329,977 | ▼ 4.2% |
| Amounts payable after more than one year17 | €376,915 | €334,696 | €291,478 | €233,773 | €207,318 | ▼ 11.3% |
| Financial debts170/4 | €373,015 | €330,796 | €287,578 | €233,773 | €207,318 | ▼ 11.3% |
| Other amounts payable178/9 | €3,900 | €3,900 | €3,900 | - | - | - |
| Amounts payable within one year42/48 | €111,804 | €125,221 | €153,009 | €110,508 | €118,259 | ▲ 7.0% |
| Current portion of amounts payable after more than one year42 | €41,326 | €49,405 | €43,190 | €25,888 | €26,455 | ▲ 2.2% |
| Trade debts44 | €22,976 | €23,809 | €38,545 | €24,572 | €25,420 | ▲ 3.5% |
| Suppliers440/4 | €22,976 | €23,809 | €38,545 | €24,572 | €25,420 | ▲ 3.5% |
| Taxes, remuneration and social security45 | €4,794 | €2,257 | €4,597 | €200 | €1,521 | ▲ 661% |
| Taxes450/3 | €4,794 | €2,257 | €4,597 | €200 | €1,521 | ▲ 661% |
| Other amounts payable47/48 | €42,708 | €49,750 | €66,677 | €59,848 | €64,863 | ▲ 8.4% |
| Accrued charges and deferred income492/3 | - | - | €14 | - | €4,400 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€32,320 | €9,532 | -€46,150 | -€3,789 | -€977 | ▲ 74.2% |
| + Depreciation and write-downs630 | €55,717 | €48,322 | €45,652 | €23,935 | €27,014 | ▲ 12.9% |
| Operating cash flow (approximation) | €23,397 | €57,854 | -€498 | €20,146 | €26,037 | ▲ 29.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €115,033 | -€45,686 | ▼ 140% |
| Change in cash | - | -€10,901 | -€44,269 | €5,600 | -€4,340 | ▼ 178% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€46,150
Net result drops to -€46,150, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €9,532
Net result €9,532 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Highest result since 2018net €140,562 ▲1,005%
Operating result €196,699, net result €140,562, both a record.
31-12
Financial
Equity above €150,000Eq €179,321 ▲143%
2 profitable years in a row build equity to €179,321.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 9 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Floreffe · 1 establishment unit since 2013
Ground area
850 m²
Parcel 92046C0194/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ML. MAZO
since 20132.217.384.267
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92046C0194/00T000 | Wallonia | 850 m² | - | - |
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.
Similar companies · same sector, comparable size
WERELDCAFE.COOP
BE 0866.046.088
Leuven · Eq €90,716
WARLOON
BE 0631.797.721
Liège · Eq €90,813
GECO
BE 0454.457.272
Schaarbeek · Eq €90,514
MARKELIAN
BE 0700.683.359
Anderlecht · Eq €90,889
HET ARCHIEF
BE 0804.931.932
Antwerpen · Eq €90,910
Of 14,002 companies in sector 56301 we hold annual accounts for 4,896. 3,773 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
Founded21-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
riahi1@hotmail.com
Phone
0496/720865
E-invoicing
Reachable via Peppol
Peppol ID
0208:0502615101
Also
9925:BE0502615101
Registered
16-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.