Financials
- Financial year
- 2025
- Turnover
- €325,152
- Profit
- €25,585
- Solvency
- 59.2%
Turnover▲ 21.4%
Net result
20182025
MAHEL
ActiveSummary
MAHEL has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114,396 and a net result of €25,585. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 71% of 3,263 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Washing and cleaning of motor vehicles
NACE 95316
2 sites
Size
€325,152turnover 2025
- Staff
- 4.4 FTE
- Equity
- €114,396
- Profit
- €25,585
Why 71raises riskSize: turnover €325,152, total assets €193,1271 of the last 3 lateSector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskFounded in 1998Show the evidence
Checked score
Score 2025
71
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 60% of its sector peers (NACE 95, micro)
Financial strength · tick = 2024
Strong
Solvency
84+16
equity 59.2% of total assets
Liquidity
43+14
short-term debt 30.4% · cash 4.9%
Profitability
79+68
return on assets 13.2%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.0%
12-2024: 4.8%▲ +0.8 percentage points vs 11-2024
01-2025: 7.5%▲ +2.7 percentage points vs 12-2024highest value
02-2025: 7.5%● unchanged vs 01-2025highest value
03-2025: 7.5%● unchanged vs 02-2025highest value
04-2025: 6.9%▼ -0.6 percentage points vs 03-2025
05-2025: 6.9%● unchanged vs 04-2025
06-2025: 2.3%▼ -4.6 percentage points vs 05-2025
07-2025: 2.4%▲ +0.1 percentage points vs 06-2025
08-2025: 1.8%▼ -0.6 percentage points vs 07-2025
09-2025: 1.8%● unchanged vs 08-2025
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 0.8%▼ -1.0 percentage point vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.7%▼ -0.1 percentage points vs 07-2026
09-2026: 0.6%▼ -0.1 percentage points vs 08-2026lowest value
10-2026: 0.6%● unchanged vs 09-2026lowest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.94, compared with 1.6 in 2024, above the usual 1.5; short-term debt: 30.4% and cash: 4.9% of total assets), and 40.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 95, micro): better than 69% on solvency, 36% on liquidity, 61% on profitability and 75% on growth.
The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 days early
2024
6 days early
2023
272 days late
2022
20 days early
2021
18 days early
2020
39 days early
2019
21 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% 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 14 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €25,585
- Equity above €100,000equity €114,396 ▲28.8%
Key points
By topic
Board & ownership
- Board
- 1 member
- NADEEM AhmadDirector
Timeline
- Events
- 32
- Since
- 2000
- Next accounts
- by 31-07-2027
- 25-07-2025Annual accounts filed
- 29-04-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Washing and cleaning of motor vehiclesNACE 95316
- Founded
- 29-07-1998
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 35
- Annual meeting
- First Monday of June at 18:00
- Purpose
- “L'exploitation d'une agence de voyage,; La fabrication, la construction, la…” (deed in French)
Key facts about MAHEL
- What is the company number of MAHEL?
- 0463.915.564. In Belgium the VAT number is the company number with BE in front: BE 0463.915.564.
- Where is MAHEL based?
- The registered office is at de Mérodestraat 391, 1190 Vorst.Company details
- What does MAHEL do?
- According to the KBO register, the main activity is washing and cleaning of motor vehicles (NACE 95316).
- What is the legal form of MAHEL?
- Private limited company (BV).
- When was MAHEL founded?
- On 29-07-1998.
- Is MAHEL still active?
- Yes, MAHEL is an active enterprise in the KBO register.
- How many employees does MAHEL have?
- On average 4.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MAHEL?
- €325,152 in financial year 2025, according to the filed annual accounts.
- Is MAHEL profitable?
- In financial year 2025, MAHEL made a profit of €25,585.
- Where can I find the annual accounts of MAHEL?
- MAHEL filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAHEL due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to MAHEL
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.