THE MAURITZ
ActiveThe computed 12-month bankruptcy probability of THE MAURITZ is 2.3% (moderate). The 2025 annual accounts show equity of €294k and a net result of €70k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 3619 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-6
Solvency50▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.56 in 2024; short-term debt: 24.5% and cash: 3.3% of total assets), and 75.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.8%
Return on assets
5.9%
Age of the figures
18 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €294k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
3 d late
2021
44 d late
2020
27 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€294k▲ 31.5%
2024 · €223k
2019: €3k
2020: €3k
2021: €6k
2022: €-2k
2023: €86k
2024: €223k
2019 → 2025
Total assets
€1.18M▼ 5.1%
2024 · €1.25M
2019: €6k
2020: €15k
2021: €78k
2022: €36k
2023: €296k
2024: €1.25M
2019 → 2025
Net result
€70k▼ 48.7%
2024 · €137k
2019: €-3k
2020: €-3k
2021: €3k
2022: €-8k
2023: €88k
2024: €137k
2019 → 2025
Working capital
€-54k▲ 64.7%
2024 · €-153k
2019: €3k
2020: €3k
2021: €-24k
2022: €-35k
2023: €-75k
2024: €-153k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€-2k€86k€223k▲ 159%€294k▲ 31.5%
Operating result€3k-€-8k€101k€198k▲ 96.8%€167k▼ 15.8%
Net result€3k-€-8k€88k€137k▲ 55.4%€70k▼ 48.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€948k▼ 10.0%
Current assets
€236k▲ 21.2%
Equity and liabilities €1.18M
Equity
€294k▲ 31.5%
Debt
€890k▼ 13.1%
The debt ratio falls from 82.1% to 75.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€327k▼
2024 · €359k
Cash flow
€231k▼
2024 · €298k
Solvency
24.8%▲
2024 · 17.9%
Current ratio
0.81▲
2024 · 0.56
Quick ratio
0.81▲
2024 · 0.56
Debt / equity
3.03▼
2024 · 4.59
ROE
24.0%▼
2024 · 61.4%
ROA
5.9%▼
2024 · 11.0%
Interest coverage
6.34▼
2024 · 19.19
Debt
€890k▼
2024 · €1.02M
Debt ≤ 1 year
€290k▼
2024 · €348k
Debt > 1 year
€595k▼
2024 · €672k
Income taxes
€45k▲
2024 · €44k
Staff costs
€177k▲
2024 · €114k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.25M€1.18M▼
Fixed assets21/28€1.05M€948k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€1.05M€945k▼
Land and buildings22€665k€644k▼
Plant, machinery and equipment23€74k€55k▼
Furniture and vehicles24€243k€179k▼
Other tangible fixed assets26€70k€68k▼
Financial fixed assets28-€800
Current assets29/58€195k€236k▲
Amounts receivable within one year40/41€181k€193k▲
Trade receivables40€112k€85k▼
Other amounts receivable41€69k€108k▲
Cash at bank and in hand54/58€14k€39k▲
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.18M▼
Equity10/15€223k€294k▲
Contributions10/11€9k€9k=
Reserves13€215k€285k▲
Distributable reserves133€215k€285k▲
Amounts payable17/49€1.02M€890k▼
Amounts payable after more than one year17€672k€595k▼
Financial debts170/4€672k€595k▼
Amounts payable within one year42/48€348k€290k▼
Current portion of amounts payable after more than one year42€73k€77k▲
Financial debts43-€45k
Credit institutions430/8-€45k
Trade debts44€131k€88k▼
Suppliers440/4€131k€88k▼
Advances received on contracts in progress46€57k-
Taxes, remuneration and social security45€85k€61k▼
Taxes450/3€58k€37k▼
Remuneration and social security454/9€27k€24k▼
Other amounts payable47/48€2k€19k▲
Accrued charges and deferred income492/3€5k€5k▲
Income statement
Code20242025
Non-recurring operating income76A€10k-
Remuneration, social security and pensions62€114k€177k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€161k€160k▼
Other operating charges640/8€17k€44k▲
Gross operating margin9900€490k€548k▲
Operating profit (loss)9901€198k€167k▼
Financial income75/76B€1k€266▼
Recurring financial income75€1k€266▼
Financial charges65/66B€19k€52k▲
Recurring financial charges65€19k€52k▲
Profit (loss) for the period before taxes9903€181k€115k▼
Income taxes67/77€44k€45k▲
Profit (loss) for the period9904€137k€70k▼
Profit (loss) for the period to be appropriated9905€137k€70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€137k€70k▼
Transfer to equity691/2€137k€70k▼
To other reserves6921€137k€70k▼
Social balance
Average headcount (FTE)90872.14.0▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €137k ▲55.4%
Operating result €198k, net result €137k, both a record.
31-03
Financial
Equity above €200kEq €223k ▲159%
2 profitable years in a row build equity to €223k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €88k
Net result €88k after one loss-making year.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
31-03
Financial
Weakest financial yearnet €-8k ▼388%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 44 days late
31-03
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ninove · 2 establishment units since 2017
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.
Mallaardstraat 3-79400 NinoveGround area
3,870 m²
Building footprint
1,837 m²
Volume, LiDAR
11,672 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
THE MAURITZ BV
since 20172.269.497.023
THE MAURITZ BV
since 20242.363.466.960
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B0392/00D000 | Flanders | 2,662 m² | 1 · 1,026 m² | 10.3 m · 2 fl. |
| 41362B1219/00K003 | Flanders | 1,208 m² | 1 · 811 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 5,694 EUR awarded · 5,694 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 5,694 EUR | 5,694 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteNinove2.269.497.023
Similar companies · same sector, comparable size
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JOGO.BE
BE 0599.840.971
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Sofie Dumont
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Pepingen · Eq €291k
Of 7,509 companies in sector 56210 we hold annual accounts for 2,445. 1,571 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2017
Fiscal year end31-03
Activities, NACEBEL
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.