MZL INVEST
InactiveNo longer registered with the KBO since 13-04-2026; last annual accounts for fiscal year 2024.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
14 d late
2023
on the day
2022
11 d late
2021
4 d early
2020
13 d late
2019
11 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-4k▲ 65.2%
2023 · €-10k
2018: €16k
2019: €-4k
2020: €-2k
2021: €-3k
2022: €-4k
2023: €-10k
2018 → 2024
Working capital
€20k▼ 15.0%
2023 · €23k
2018: €46k
2019: €43k
2020: €41k
2021: €37k
2022: €33k
2023: €23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€37k▼ 8.3%€33k▼ 10.5%€23k▼ 30.1%€20k▼ 15.0%
Operating result€-2k-€-3k▼ 78.1%€-4k▼ 17.3%€-10k▼ 162%€-3k▲ 66.2%
Net result€-2k-€-3k▼ 74.4%€-4k▼ 16.8%€-10k▼ 156%€-4k▲ 65.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €10k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €21k
Equity
€20k▼ 15.0%
Debt
€1k▲ 130%
The debt ratio rises from 2.0% to 5.3%: debt grows while equity shrinks.
Key figures and ratios
Solvency
94.7%▼
2023 · 98.0%
Current ratio
18.86▼
2023 · 49.32
Quick ratio
18.86▼
2023 · 49.32
Debt / equity
0.06▲
2023 · 0.02
ROE
-17.6%▲
2023 · -43.1%
ROA
-16.7%▲
2023 · -42.2%
Debt
€1k▲
2023 · €484
Debt ≤ 1 year
€1k▲
2023 · €484
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€24k€21k▼
Current assets29/58€24k€21k▼
Stocks and contracts in progress3€0€0=
Stocks30/36€0€0=
Amounts receivable within one year40/41€23k€21k▼
Trade receivables40€0-
Other amounts receivable41€23k€21k▼
Cash at bank and in hand54/58€417€267▼
Equity and liabilities
Total equity and liabilities10/49€24k€21k▼
Equity10/15€23k€20k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€3k€-578▼
Amounts payable17/49€484€1k▲
Amounts payable within one year42/48€484€1k▲
Trade debts44€484€1k▲
Suppliers440/4€484€1k▲
Income statement
Code20232024
Other operating charges640/8€384€387▲
Gross operating margin9900€-10k€-3k▲
Operating profit (loss)9901€-10k€-3k▲
Financial charges65/66B€150€150=
Recurring financial charges65€150€150=
Profit (loss) for the period before taxes9903€-10k€-4k▲
Profit (loss) for the period9904€-10k€-4k▲
Profit (loss) for the period to be appropriated9905€-10k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-578▼
Profit (loss) brought forward from the previous period14P€13k€3k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Liquidity times 12current ratio 73.40
Current ratio from 6.01 to 73.40; short-term debt falls from €9k to €563.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial 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
Registered office, Brussel
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.
Zaterdagplein 11000 BrusselGround area
1,231 m²
Building footprint
723 m²
Volume, LiDAR
12,218 m³
Parcel 21812N0562/00K000, Brussels · tallest building 21.1 m, ±6 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0562/00K000 | Brussels | 1,230 m² | 1 · 723 m² | 21.1 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
8 connected companiesNetwork connections
Shared address
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Shared address
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Show 4 more network connections
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Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2005
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.