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MZH

Active
Private limited companyfounded 20232 yrs activeLange Eikstraat 46, 1970 Wezembeek-Oppem, BelgiumKBO/BCE: BE 1000.709.903
Summary

The computed 12-month bankruptcy probability of MZH is 3.6% (moderate). The 2024 annual accounts show equity of €12,628 and a net result of €9,128. Its solvency ranks better than 61% of 6719 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
The bankruptcy probability (3.6%) is taken into account and brings the score to 59. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency73
Growth-
Track record67
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.42; short-term debt: 51.6% and cash: 2.8% of total assets), and 51.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
48.4%
Return on assets
35%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-11-2025, 102 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 · 1 filing
Deviation from the deadline
2024
102 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 102 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MZH was incorporated on 3 October 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€12,628
Total assets
€26,112
Net result
€9,128
Working capital
-€7,754

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €26,112
Fixed assets €20,382
Current assets €5,730
Equity and liabilities €26,112
Equity €12,628
Debt €13,484
Debt finances 51.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€12,270
Cash flow
€9,833
Current ratio
0.42
Debt to equity
1.07
ROE
72.3%
ROA
35.0%
Interest coverage
128.08
Debt ≤ 1 year
€13,484
Income taxes
€2,441

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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
Filed annual accounts As filed with the NBB · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€26,112
Fixed assets21/28€20,382
Tangible fixed assets22/27€11,382
Furniture and vehicles24€11,382
Financial fixed assets28€9,000
Current assets29/58€5,730
Amounts receivable within one year40/41€4,073
Trade receivables40€2,753
Other amounts receivable41€1,320
Cash at bank and in hand54/58€730
Deferred charges and accrued income490/1€927
Equity and liabilities
Total equity and liabilities10/49€26,112
Equity10/15€12,628
Contributions10/11€3,500
Profit (loss) carried forward14€9,128
Amounts payable17/49€13,484
Amounts payable within one year42/48€13,484
Trade debts44€502
Suppliers440/4€502
Advances received on contracts in progress46€3,331
Taxes, remuneration and social security45€3,032
Taxes450/3€3,032
Other amounts payable47/48€6,618
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€705
Other operating charges640/8€2,545
Non-recurring operating charges66A€3,144
Gross operating margin9900€17,959
Operating profit (loss)9901€11,565
Financial income75/76B€100
Recurring financial income75€100
Financial charges65/66B€96
Recurring financial charges65€96
Profit (loss) for the period before taxes9903€11,569
Income taxes67/77€2,441
Profit (loss) for the period9904€9,128
Profit (loss) for the period to be appropriated9905€9,128
Appropriation of the result
Profit (loss) to be appropriated9906€9,128

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€705
Other operating charges640/8€2,545
Non-recurring operating charges66A€3,144
Gross operating margin9900€17,959
Operating profit (loss)9901€11,565
Financial income75/76B€100
Recurring financial income75€100
Financial charges65/66B€96
Recurring financial charges65€96
Profit (loss) for the period before taxes9903€11,569
Income taxes67/77€2,441
Profit (loss) for the period9904€9,128
Profit (loss) for the period to be appropriated9905€9,128
Line2024
Assets
Total assets20/58€26,112
Fixed assets21/28€20,382
Tangible fixed assets22/27€11,382
Furniture and vehicles24€11,382
Financial fixed assets28€9,000
Current assets29/58€5,730
Amounts receivable within one year40/41€4,073
Trade receivables40€2,753
Other amounts receivable41€1,320
Cash at bank and in hand54/58€730
Deferred charges and accrued income490/1€927
Equity and liabilities
Total equity and liabilities10/49€26,112
Equity10/15€12,628
Contributions10/11€3,500
Profit (loss) carried forward14€9,128
Amounts payable17/49€13,484
Amounts payable within one year42/48€13,484
Trade debts44€502
Suppliers440/4€502
Advances received on contracts in progress46€3,331
Taxes, remuneration and social security45€3,032
Taxes450/3€3,032
Other amounts payable47/48€6,618
Line2024
Profit (loss) for the period9904€9,128
+ Depreciation and write-downs630€705
Operating cash flow (approximation)€9,833

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
10-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 102 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Wezembeek-Oppem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,717 m²
Building footprint
1,461 m²
Volume, LiDAR
21,247 m³
2 parcels, Brussels, Flanders · tallest building 31.8 m, ±6 floors. Linked by address, not a title deed.
602 companies at this address See who is registered here
1 establishment unit
MZH
Amédée Lynenstraat 19, 1210 Sint-Joost-ten-NodeFreight transport by road
since 20232.352.250.196
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21572B0477/00K000 Brussels 1,197 m² 1 · 1,137 m² 31.8 m · 6 fl.
22006A0114/00P000 Flanders 520 m² 1 · 325 m² 14.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT
since 18-11-2025

Similar companies · same sector, comparable size

Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 4,262 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
Founded03-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52250Logistics services
53200Other postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1000709903
Also 9925:BE1000709903
Registered 23-07-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.