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MZGIN COMPANY

Active
Private limited companyfounded 2022active for 4 yearsGrétrystraat 58-60, 1000 Brussel, BelgiumKBO/BCE: BE 0786.284.473
Summary

The computed 12-month bankruptcy probability of MZGIN COMPANY is 16.1% (high). The 2025 annual accounts show negative equity (-€54,505) and a net result of -€46,484. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 6% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 17-05-2022 Normal situation
Activity
Full-service restaurants NACE 56111and 3 others
Establishment unit
2.335.466.723 1000 Brussel, since 17-05-2022
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

12 Critical Checked score 2025
Bankruptcy probabilitywithin 12 months
16.1%
Annual accounts 2025
Gross margin
-€45,531
▼ 1,074%
Loss
€46,484
▲ 880%
Equity
-€54,505
▼ 580%
Total assets
€24,882
▼ 38.5%
  • Negative equity on 31-12-2025
Turnover not published (micro format)
Filed on 22-07-2026, 9 days before the deadline
Score breakdownraises risk3 changes of registered office in 24 monthsSector: Food and beverage service activities (NACE 56)Liquidity: current ratio 0.03, cash €1, halvedlowers riskSize: total assets €24,882Show the evidence

Checked score

Score 2025
12 / 100
Critical
Probability in this band: over 15.0%
Financially stronger than 5% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 0-5
equity -219.1% of total assets
Liquidity 0-2
short-term debt 319.1% · cash 0.0%
Profitability 0-4
return on assets -186.8%
Bankruptcy probability within 12 months
16.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 9.1% 01-2025: 9.0%▼ -0.1 percentage points vs 12-2024 02-2025: 9.0%● unchanged vs 01-2025 03-2025: 9.0%● unchanged vs 02-2025lowest value 04-2025: 18.9%▲ +9.9 percentage points vs 03-2025 05-2025: 19.0%▲ +0.1 percentage points vs 04-2025 06-2025: 19.1%▲ +0.1 percentage points vs 05-2025 07-2025: 19.2%▲ +0.1 percentage points vs 06-2025 08-2025: 18.8%▼ -0.4 percentage points vs 07-2025 09-2025: 18.8%● unchanged vs 08-2025 10-2025: 20.6%▲ +1.8 percentage points vs 09-2025highest value 11-2025: 16.8%▼ -3.8 percentage points vs 10-2025 12-2025: 16.8%● unchanged vs 11-2025 01-2026: 15.9%▼ -0.9 percentage points vs 12-2025 02-2026: 15.9%● unchanged vs 01-2026 03-2026: 15.9%● unchanged vs 02-2026 04-2026: 17.2%▲ +1.3 percentage points vs 03-2026 05-2026: 17.4%▲ +0.2 percentage points vs 04-2026 06-2026: 17.7%▲ +0.3 percentage points vs 05-2026 07-2026: 17.7%● unchanged vs 06-2026 08-2026: 16.1%▼ -1.6 percentage points vs 07-2026 09-2026: 16.1%● unchanged vs 08-2026 10-2026: 16.1%● unchanged vs 09-2026 11-2026: 16.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.03 (0.35 in 2024), below 1. Short-term debt is 319.1% and cash 0% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 56, micro). It does better than 9% of them on solvency, 1% on liquidity, 8% on profitability and 1% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 3 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Liquidity: current ratio 0.03, cash €1, halved
NBB · annual accounts
lowers risk · Size: total assets €24,882
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€54,505
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 22-07-2026, 9 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
9 days early
2024
69 days late
2023
92 days late
2022
458 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 153 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 October (3 of the last 4 accounts filed within 90 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€54,505 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€46,484 View
  • Caution: Lower net result than 95% of companies in food and beverage servicesector median €4,876 · 16,939 companies -€46,484 View
  • Caution: Directors leftlatest change 31-03-2026 · 1 in office 2 left View

Recent changes

  1. · Gazette deed Resignations: YABATU Ayhan (director) and SAS MEYMAN (director)
  2. · Gazette deed Transfer of 20 sharesAppointment: SAS MEYMAN (director) · Withdrawal: EKIN Seyhmus (associé inactif)
  3. · Gazette deed Transfer of 30 shares
All 15 events

Comparable companies

These companies have the same main activity as MZGIN COMPANY: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €22,600 and €29,300, founded between 2021 and 2022.

CompanyTotal assetsGross margin
MZGIN COMPANY Brussel€24,882-€45,531
DUBAI GROUP Ukkel€24,276-€27,742
CEREAL KILLER Etterbeek€29,338-€1,065
MITHU DA DHABA Gent€25,418-€17,573
LE JARDIN DU BAMBOU Grâce-Hollogne€22,631-€1,051
Queenz Quiévrain€23,401-€1,869
Pizza Pino Wijnegem€25,324-€14,594
Full comparison

Key facts about MZGIN COMPANY

What is the company number of MZGIN COMPANY?
The company number of MZGIN COMPANY is 0786.284.473. The VAT number is the same number with BE in front: BE 0786.284.473.
Where is MZGIN COMPANY based?
The registered office is at Grétrystraat 58-60, 1000 Brussel.Company details
What does MZGIN COMPANY do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of MZGIN COMPANY?
The legal form of MZGIN COMPANY is Private limited company (BV).
When was MZGIN COMPANY founded?
MZGIN COMPANY was founded on 17-05-2022.
Is MZGIN COMPANY still active?
Yes, MZGIN COMPANY is an active enterprise in the KBO register.
What is the turnover of MZGIN COMPANY?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is MZGIN COMPANY profitable?
In financial year 2025, MZGIN COMPANY made a loss of €46,484.
Where can I find the annual accounts of MZGIN COMPANY?
MZGIN COMPANY filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MZGIN COMPANY due?
MZGIN COMPANY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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