MZ BUSINESS
InactiveMZ BUSINESS was declared bankrupt on 20-12-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 14-10-2025, published in the Belgian State Gazette on 07-11-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 10-12-2021, 132 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
132 d late
2019
150 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2020, micro schema
Turnover
€21k
EBIT margin
-2.0%
Net result
€7k▼ 69.9%
2019 · €25k
2018: €-561
2019: €25k
2018 → 2020
Working capital
€11k▲ 207%
2019 · €4k
2018: €5k
2019: €4k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€21k-
Equity€16k-€40k▲ 158%€43k▲ 7.8%
Operating result€-412-€25k€12k▼ 50.1%
Net result€-561-€25k€7k▼ 69.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 50% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €122k
Fixed assets
€32k ▼ 11.5%
Current assets
€90k ▲ 2.9%
Equity and liabilities €122k
Equity
€43k ▲ 7.8%
Debt
€79k ▼ 5.8%
Debt's share of the balance-sheet total falls from 67.5% to 64.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▼
2019 · €39k
Cash flow
€25k▼
2019 · €39k
Current ratio
1.14▲
2019 · 1.04
ROE
17.1%▼
2019 · 61.2%
ROA
6.1%▼
2019 · 19.9%
Debt ≤ 1 year
€79k▼
2019 · €83k
Income taxes
€5k
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 · 2020 against 2019 · 21 lines
Balance sheet
Code20192020
Assets
Total assets20/58€124k€122k▼
Fixed assets21/28€37k€32k▼
Tangible fixed assets22/27€37k€32k▼
Current assets29/58€87k€90k▲
Amounts receivable within one year40/41€35k€78k▲
Cash at bank and in hand54/58€52k€12k▼
Equity and liabilities
Total equity and liabilities10/49€124k€122k▼
Equity10/15€40k€43k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€22k€25k▲
Amounts payable17/49€83k€79k▼
Amounts payable within one year42/48€83k€79k▼
Trade debts44€45k€14k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€17k▲
Gross operating margin9900€40k€30k▼
Operating profit (loss)9901€25k€12k▼
Recurring financial charges65€333€172▼
Profit (loss) for the period before taxes9903€25k€12k▼
Income taxes67/77-€5k
Profit (loss) for the period9904€25k€7k▼
Profit (loss) for the period to be appropriated9905€25k€7k▼
Timeline · acts, filings and financial milestones
2025
07-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · MZ BUSINESS AVENUE BROUSTIN 34, 1090 JETTE. déclarée le 20 décembre 2024 · event 14-10-2025
2024
27-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · MZ BUSINESS AVENUE BROUSTIN 34, 1090 JETTE · event 20-12-2024
2023
15-12
KBO administration
Address struck
Broustinlaan 34 1090 Die Sitzadresse Avenue Broustin 34 1090
Jette · event 28-02-2023
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 132 days late
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 150 days late
19-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 293 days late
2019
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FREDERIK DE VULDER 59 B, AVENUE REINE ASTRID
(BTE 3), 1780 WEMMEL |
20-12-2024 → 14-10-2025 |
Company data · Crossroads Bank
Identification
Legal formSPRL
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filings
Scores and ratios are computed by Checked and are not a credit decision.