MOKAN
ActiveSummary
MOKAN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €68,184 and a net result of €2,481. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▲+37
Solvency55▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.21 in 2023; short-term debt: 45% and cash: 1.7% of total assets), and 69.8% of the assets are financed with debt.
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Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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 2024Solvency, return and age of the figures
Solvency
30.2%
Return on assets
1.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
64 d late
2022
82 d late
2021
83 d late
2020
92 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 84 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2,481▲ 61.2%
2023 · €1,539
Working capital
€40,735▲ 94.2%
2023 · €20,975
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20202021202220232024
Operating result€1,288▼ 94.4%€11,538▲ 795%€23,208▲ 101%-€991€6,833
Net result€8,399within the sector's middle half▲ 55.5%€1,454below the sector's middle half▼ 82.7%€9,516within the sector's middle half▲ 554%€1,539within the sector's middle half▼ 83.8%€2,481within the sector's middle half▲ 61.2%
Equity€53,193within the sector's middle half▲ 18.8%€54,648below the sector's middle half▲ 2.7%€64,164within the sector's middle half▲ 17.4%€65,703within the sector's middle half▲ 2.4%€68,184within the sector's middle half▲ 3.8%
Total assets€269,845below the sector's middle half▼ 54.6%€247,564below the sector's middle half▼ 8.3%€250,019below the sector's middle half▲ 1.0%€223,277within the sector's middle half▼ 10.7%€225,524within the sector's middle half▲ 1.0%
Debt€216,652▼ 60.6%€192,916▼ 11.0%€185,855▼ 3.7%€157,574▼ 15.2%€157,339▼ 0.1%
Working capital-€2,741below the sector's middle half€22,233within the sector's middle half€33,322within the sector's middle half▲ 49.9%€20,975within the sector's middle half▼ 37.1%€40,735within the sector's middle half▲ 94.2%
Solvency19.7%within the sector's middle half▲ 12.2pp22.1%within the sector's middle half▲ 2.4pp25.7%within the sector's middle half▲ 3.6pp29.4%within the sector's middle half▲ 3.8pp30.2%within the sector's middle half▲ 0.8pp
Current ratio0.97below the sector's middle half▼ 0.041.23within the sector's middle half▲ 0.261.32within the sector's middle half▲ 0.091.21within the sector's middle half▼ 0.111.40within the sector's middle half▲ 0.19
Return on assets (ROA)3.1%within the sector's middle half▲ 2.2pp0.6%below the sector's middle half▼ 2.5pp3.8%within the sector's middle half▲ 3.2pp0.7%within the sector's middle half▼ 3.1pp1.1%within the sector's middle half▲ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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 2024: €6,833 after a loss of €991 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €225,524
Fixed assets
€83,322 ▼ 18.9%
Current assets
€142,202 ▲ 17.9%
Equity and liabilities €225,524
Equity
€68,184 ▲ 3.8%
Debt
€157,339 ▼ 0.1%
Debt's share of the balance-sheet total falls from 70.6% to 69.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29,975▲
2023 · €10,397
Cash flow
€25,623▲
2023 · €12,927
Quick ratio
0.51▲
2023 · 0.26
Debt to equity
2.31▼
2023 · 2.40
ROE
3.6%▲
2023 · 2.3%
Interest coverage
8.31▲
2023 · 1.58
Debt ≤ 1 year
€101,467▲
2023 · €99,588
Debt > 1 year
€55,872▼
2023 · €57,986
Income taxes
€750▼
2023 · €978
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,340 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% | 1.8% |
| 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 10,905 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €41,510 | €11,854 | €11,388 | €23,142 | ▲ 103% |
| Other operating charges640/8 | - | €511 | €1,160 | - | €445 | - |
| Non-recurring operating charges66A | - | - | - | - | €11,837 | - |
| Gross operating margin9900 | €1,976 | €53,558 | €36,222 | €10,397 | €42,257 | ▲ 306% |
| Operating profit (loss)9901 | €1,288 | €11,538 | €23,208 | -€991 | €6,833 | ▲ 790% |
| Financial income75/76B | - | €17 | €0 | €10,091 | €8 | ▼ 99.9% |
| Recurring financial income75 | - | €17 | €0 | €10,091 | €8 | ▼ 99.9% |
| Financial charges65/66B | - | €8,349 | €10,792 | €6,583 | €3,609 | ▼ 45.2% |
| Recurring financial charges65 | €5,646 | €8,349 | €9,527 | €6,583 | €3,609 | ▼ 45.2% |
| Non-recurring financial charges66B | - | - | €1,265 | - | - | - |
| Profit (loss) for the period before taxes9903 | €7,243 | €3,206 | €12,416 | €2,518 | €3,231 | ▲ 28.4% |
| Income taxes67/77 | -€1,156 | €1,751 | €2,900 | €978 | €750 | ▼ 23.3% |
| Profit (loss) for the period9904 | €8,399 | €1,454 | €9,516 | €1,539 | €2,481 | ▲ 61.2% |
| Profit (loss) for the period to be appropriated9905 | €8,399 | €1,454 | €9,516 | €1,539 | €2,481 | ▲ 61.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €269,845 | €247,564 | €250,019 | €223,277 | €225,524 | ▲ 1.0% |
| Fixed assets21/28 | €170,127 | €128,618 | €114,102 | €102,714 | €83,322 | ▼ 18.9% |
| Tangible fixed assets22/27 | €170,127 | €128,618 | €114,102 | €102,714 | €83,322 | ▼ 18.9% |
| Land and buildings22 | - | €125,490 | €114,102 | €102,714 | €80,822 | ▼ 21.3% |
| Furniture and vehicles24 | - | €3,127 | - | - | €2,500 | - |
| Current assets29/58 | €99,718 | €118,947 | €135,917 | €120,563 | €142,202 | ▲ 17.9% |
| Stocks and contracts in progress3 | €41,447 | €96,697 | €121,851 | €94,765 | €90,655 | ▼ 4.3% |
| Stocks30/36 | - | €96,697 | €121,851 | €94,765 | €90,655 | ▼ 4.3% |
| Amounts receivable within one year40/41 | €39,496 | €9,296 | €14,066 | €25,215 | €47,825 | ▲ 89.7% |
| Trade receivables40 | - | €2,595 | €8,211 | €20,097 | €41,438 | ▲ 106% |
| Other amounts receivable41 | - | €6,700 | €5,854 | €5,117 | €6,386 | ▲ 24.8% |
| Cash at bank and in hand54/58 | €18,774 | €12,409 | - | €583 | €3,722 | ▲ 538% |
| Deferred charges and accrued income490/1 | - | €544 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €269,845 | €247,564 | €250,019 | €223,277 | €225,524 | ▲ 1.0% |
| Equity10/15 | €53,193 | €54,648 | €64,164 | €65,703 | €68,184 | ▲ 3.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €32,733 | €34,188 | €43,704 | €45,243 | €47,724 | ▲ 5.5% |
| Amounts payable17/49 | €216,652 | €192,916 | €185,855 | €157,574 | €157,339 | ▼ 0.1% |
| Amounts payable after more than one year17 | €114,193 | €96,202 | €83,260 | €57,986 | €55,872 | ▼ 3.6% |
| Financial debts170/4 | - | €96,202 | €83,260 | €57,986 | €55,872 | ▼ 3.6% |
| Amounts payable within one year42/48 | €102,458 | €96,714 | €102,595 | €99,588 | €101,467 | ▲ 1.9% |
| Current portion of amounts payable after more than one year42 | - | €14,485 | €12,942 | €15,183 | €13,951 | ▼ 8.1% |
| Financial debts43 | - | €13,702 | €12,484 | €13,124 | €12,225 | ▼ 6.9% |
| Credit institutions430/8 | - | €13,702 | €12,484 | €13,124 | €12,225 | ▼ 6.9% |
| Trade debts44 | €7,864 | €13,738 | €21,949 | €3,492 | €3,709 | ▲ 6.2% |
| Suppliers440/4 | - | €13,738 | €21,949 | €3,492 | €3,709 | ▲ 6.2% |
| Advances received on contracts in progress46 | - | - | - | €22,331 | - | - |
| Taxes, remuneration and social security45 | - | €1,488 | €2,918 | - | €11,743 | - |
| Taxes450/3 | - | €22 | €2,918 | - | €785 | - |
| Remuneration and social security454/9 | - | €1,466 | - | - | €10,959 | - |
| Other amounts payable47/48 | - | €53,301 | €52,301 | €45,458 | €59,839 | ▲ 31.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,399 | €1,454 | €9,516 | €1,539 | €2,481 | ▲ 61.2% |
| + Depreciation and write-downs630 | - | €41,510 | €11,854 | €11,388 | €23,142 | ▲ 103% |
| Operating cash flow (approximation) | €8,399 | €42,964 | €21,370 | €12,927 | €25,623 | ▲ 98.2% |
| Investment in fixed assets (approximation) | - | €0 | €2,662 | €0 | -€3,750 | - |
| Change in cash | - | -€6,365 | - | - | €3,139 | - |
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
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
21-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 82 days late
2022
31-12
Financial
Highest result since 2018net €9,516 ▲554%
Operating result €23,208, net result €9,516, both a record.
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 83 days late
2021
31-12
Financial
Weakest financial yearnet €1,454 ▼82.7%
Net result drops to €1,454, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 92 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 61 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Grimbergen · 1 establishment unit since 2009
Ground area
228 m²
Building footprint
101 m²
Volume, LiDAR
710 m³
Parcel 23403H0118/00K004, Flanders · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mokan
since 20092.183.475.344
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23403H0118/00K004 | Flanders | 228 m² | 1 · 101 m² | 13.4 m · 2 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 4,238 companies in sector 47789 we hold annual accounts for 1,019. 796 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 (pre-2019)
Founded07-08-2009
Fiscal year end31-12
Activities, NACEBEL 2025
47789Other retail sale of new goods
49330On-demand passenger transport by chauffeured vehicle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0817643979
Also
9925:BE0817643979
Registered
10-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.