SO MASH
ActiveSummary
The computed 12-month bankruptcy probability of SO MASH is 9.9% (elevated). The 2025 annual accounts show negative equity (-€11,923) and a net result of €24. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 13617 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-58
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
9.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Age of the figures
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 13617 sector peers (2025).
NBB · sector comparisonPosition among 13617 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 5 filingsDeviation from the deadline
2025
13 d late
2024
2 d late
2023
on the day
2022
4 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 10 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 4 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€11,923▲ 0.2%
2024 · -€11,946
Total assets
€4,879▲ 543%
2024 · €758
Net result
€24▼ 99.8%
2024 · €15,077
Working capital
-€13,726▼ 10.0%
2024 · -€12,474
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-€971--€18,278▼ 1,782%-€7,776▲ 57.5%€16,020€200▼ 98.8%
Net result-€1,055within the sector's middle half--€18,900below the sector's middle half▼ 1,691%-€9,068below the sector's middle half▲ 52.0%€15,077within the sector's middle half€24within the sector's middle half▼ 99.8%
Equity€945within the sector's middle half--€17,955below the sector's middle half-€27,023below the sector's middle half▼ 50.5%-€11,946below the sector's middle half▲ 55.8%-€11,923below the sector's middle half▲ 0.2%
Total assets€8,235below the sector's middle half-€12,832below the sector's middle half▲ 55.8%€8,775below the sector's middle half▼ 31.6%€758below the sector's middle half▼ 91.4%€4,879below the sector's middle half▲ 543%
Debt€7,290-€30,787▲ 322%€35,798▲ 16.3%€12,704▼ 64.5%€16,801▲ 32.2%
Working capital-€4,793within the sector's middle half--€25,204within the sector's middle half▼ 426%-€33,523within the sector's middle half▼ 33.0%-€12,474within the sector's middle half▲ 62.8%-€13,726within the sector's middle half▼ 10.0%
Solvency11.5%within the sector's middle half--139.9%below the sector's middle half▼ 151.4pp-307.9%below the sector's middle half▼ 168.0pp
Current ratio0.34below the sector's middle half-0.18below the sector's middle half▼ 0.160.06below the sector's middle half▼ 0.12
Return on assets (ROA)-12.8%below the sector's middle half--147.3%below the sector's middle half▼ 134.5pp-103.3%below the sector's middle half▲ 44.0pp
Staff (FTE)0.30.6▲ 100%
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.
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 2025; 2025 is 99% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4,879
Fixed assets
€1,803 ▲ 242%
Current assets
€3,075 ▲ 1,234%
Key figures and ratios
EBITDA
€474▼
2024 · €16,254
Cash flow
€297▼
2024 · €15,310
Interest coverage
2.68▼
2024 · 17.23
Debt ≤ 1 year
€16,801▲
2024 · €12,704
Staff costs
€107▼
2024 · €958
Ratios withheld: a balance sheet total of €4,879 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 906 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
6.1%
went bankrupt
4.1%
stopped otherwise
89%
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: 9.9% 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 497,338 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 906 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €974 | - | - | - |
| Remuneration, social security and pensions62 | - | €17,267 | €11,723 | €958 | €107 | ▼ 88.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €343 | €520 | €749 | €233 | €274 | ▲ 17.3% |
| Other operating charges640/8 | €3,003 | €416 | €232 | €1,036 | - | - |
| Non-recurring operating charges66A | - | - | - | €478 | €138 | ▼ 71.0% |
| Gross operating margin9900 | €2,374 | -€75 | €4,928 | €18,726 | €720 | ▼ 96.2% |
| Operating profit (loss)9901 | -€971 | -€18,278 | -€7,776 | €16,020 | €200 | ▼ 98.8% |
| Financial income75/76B | €14 | - | - | - | - | - |
| Recurring financial income75 | €14 | - | - | - | - | - |
| Financial charges65/66B | €98 | €621 | €1,291 | €943 | €177 | ▼ 81.3% |
| Recurring financial charges65 | €98 | €621 | €1,291 | €943 | €177 | ▼ 81.3% |
| Profit (loss) for the period before taxes9903 | -€1,055 | -€18,900 | -€9,068 | €15,077 | €24 | ▼ 99.8% |
| Profit (loss) for the period9904 | -€1,055 | -€18,900 | -€9,068 | €15,077 | €24 | ▼ 99.8% |
| Profit (loss) for the period to be appropriated9905 | -€1,055 | -€18,900 | -€9,068 | €15,077 | €24 | ▼ 99.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,235 | €12,832 | €8,775 | €758 | €4,879 | ▲ 543% |
| Fixed assets21/28 | €5,737 | €7,249 | €6,499 | €528 | €1,803 | ▲ 242% |
| Tangible fixed assets22/27 | €1,237 | €2,418 | €1,668 | €196 | €1,472 | ▲ 650% |
| Plant, machinery and equipment23 | €1,237 | €1,755 | €1,239 | - | - | - |
| Furniture and vehicles24 | - | €663 | €430 | €196 | €1,472 | ▲ 650% |
| Financial fixed assets28 | €4,500 | €4,831 | €4,831 | €331 | €331 | = |
| Current assets29/58 | €2,497 | €5,583 | €2,276 | €231 | €3,075 | ▲ 1,234% |
| Stocks and contracts in progress3 | - | €250 | €250 | - | €542 | - |
| Stocks30/36 | - | €250 | €250 | - | €542 | - |
| Amounts receivable within one year40/41 | €445 | €3,722 | €1,895 | €209 | €2,259 | ▲ 983% |
| Trade receivables40 | - | €3,561 | €1,647 | - | €2,259 | - |
| Other amounts receivable41 | €445 | €160 | €248 | €209 | - | - |
| Cash at bank and in hand54/58 | €2,052 | €1,611 | €84 | €22 | €274 | ▲ 1,149% |
| Deferred charges and accrued income490/1 | - | - | €47 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,235 | €12,832 | €8,775 | €758 | €4,879 | ▲ 543% |
| Equity10/15 | €945 | -€17,955 | -€27,023 | -€11,946 | -€11,923 | ▲ 0.2% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€1,055 | -€19,955 | -€29,023 | -€13,946 | -€13,923 | ▲ 0.2% |
| Amounts payable17/49 | €7,290 | €30,787 | €35,798 | €12,704 | €16,801 | ▲ 32.2% |
| Amounts payable within one year42/48 | €7,290 | €30,787 | €35,798 | €12,704 | €16,801 | ▲ 32.2% |
| Financial debts43 | - | - | - | - | €59 | - |
| Credit institutions430/8 | - | - | - | - | €59 | - |
| Trade debts44 | €148 | €8,915 | €7,965 | €3,169 | €2,287 | ▼ 27.8% |
| Suppliers440/4 | €148 | €8,915 | €7,965 | €3,169 | €2,287 | ▼ 27.8% |
| Taxes, remuneration and social security45 | €157 | €5,567 | €11,267 | €544 | €2,611 | ▲ 380% |
| Taxes450/3 | €157 | €1,338 | €1,191 | €544 | €2,611 | ▲ 380% |
| Remuneration and social security454/9 | - | €4,230 | €10,076 | - | - | - |
| Other amounts payable47/48 | €6,986 | €16,305 | €16,567 | €8,991 | €11,845 | ▲ 31.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,055 | -€18,900 | -€9,068 | €15,077 | €24 | ▼ 99.8% |
| + Depreciation and write-downs630 | €343 | €520 | €749 | €233 | €274 | ▲ 17.3% |
| Operating cash flow (approximation) | -€713 | -€18,380 | -€8,318 | €15,310 | €297 | ▼ 98.1% |
| Investment in fixed assets (approximation) | - | -€2,031 | €0 | €5,739 | -€1,550 | ▼ 127% |
| Change in cash | - | -€441 | -€1,528 | -€62 | €252 | ▲ 509% |
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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
02-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
2024
31-12
Financial
Back to profitnet €15,077
Net result €15,077 after 3 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
31-12
Financial
Weakest financial yearnet -€18,900
Net result drops to -€18,900, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Ganshoren · 1 establishment unit since 2020
Ground area
9,883 m²
Building footprint
4,837 m²
Volume, LiDAR
65,022 m³
2 parcels, Brussels · tallest building 31.7 m, ±8 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SO MASH
since 20202.309.409.058
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21008A0140/00W000 | Brussels | 6,499 m² | 1 · 2,058 m² | 11.7 m · 3 fl. |
| 21807G0172/00G000 | Brussels | 3,384 m² | 1 · 2,779 m² | 31.7 m · 8 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.
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,778. 1,732 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
Founded28-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0757545551
Also
9925:BE0757545551
Registered
15-12-2025
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.