MAZAN
The computed 12-month bankruptcy probability of MAZAN is 1.3% (low). The 2025 annual accounts show negative equity (€-237k) and a net result of €-50k. Equity is shrinking by ~64.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 283 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-237k |
| Net result | €-50k |
| Better than sector | 5% |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -304.5% | 58.4% | |
| Net result | €-50k | €32k | |
| Equity | €-237k | €52k | |
| Gross operating margin | €-16k | €50k | |
| Total assets | €78k | €123k |
Show 7 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-17k |
| Net profit | €-50k |
| Cash flow | €-18k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €78k |
| Equity | €-237k |
| Debt | €315k |
| of which ≤ 1y | €315k |
| of which > 1y | - |
| Working capital | €-298k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.05 |
| Quick ratio | 0.05 |
| Working capital ratio | -383.2% |
| Solvency | -304.5% |
| Debt / equity | -1.33 |
| Long-term debt ratio | - |
| Interest coverage | -19.16 |
| Gross margin | - |
| Net margin | - |
| ROA | -64.6% |
| ROE | 21.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €78k |
| Fixed assets | 21/28 | €61k |
| Intangible fixed assets | 21 | €60k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €17k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €78k |
| Equity | 10/15 | €-237k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-239k |
| Amounts payable | 17/49 | €315k |
| Amounts payable within one year | 42/48 | €315k |
| Trade debts payable within one year | 44 | €51k |
| Income statement | ||
| Gross operating margin | 9900 | €-16k |
| Operating result | 9901 | €-49k |
| Financial charges | 65 | €872 |
| Result before taxes | 9903 | €-50k |
| Net result for the period | 9904 | €-50k |
| Result to be appropriated | 9905 | €-50k |
-
Yves StrubbeDirectorState Gazette act 25095378 (25-07-2025)Current25-07-2025 → present
Former directors (1)
-
Alexander VerberckmoesDirectorState Gazette act 25023890 (17-02-2025)Former- → 17-02-2025
| NACE primary | Activiteiten van webportalen(63910) |
| Legal form | Private limited company(610) |
| Incorporation | 10-05-2021 |
| Status | Active |
| Postal code | 8300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38502F0268/00B000 | Flanders | 2,193 m² | 1 · 223 m² | 7.2 m · 2 fl. |
| 31332F0669/00B000 | Flanders | 176 m² | 1 · 176 m² | 8.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
25-07-2025 Yves Strubbe appointed as director
- Yves Strubbe, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": "73.06.12-273.69",
"name": "Yves Strubbe",
"address": "Penningsdreef 3, 9220 Hamme",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "additional",
"via_org": null,
"statutory": null,
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "board_snapshot",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Luik",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": null,
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2025-06-13",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0768.260.091",
"name_full": null,
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Dave Devloo",
"org_rep_person_name": null,
"person_role_at_subject": "bijzonder gevolmachtigde"
},
"co_filed_documents": [
"notulen bijzondere algemene vergadering van 13.06.2025",
"volmacht aan ondertekende opdrachthouder Dave Devloo"
],
"corrected_publication_numac": null
}17-02-2025 Alexander Verberckmoes resigns as director
- Alexander Verberckmoes, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Alexander Verberckmoes",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Ontslag van de heer Alexander Verberckmoes als bestuurder van de Vennootschap",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Alexander Verberckmoes",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering verleent volmacht aan Mr. Dave Devloo om over te gaan tot publicatie in de bijlagen bij het Belgisch Staatsblad alsook aanbrengen van de wijzigingen in de Kruispunbank der ondernemingen.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": "dagelijks_bestuur",
"person": {
"rrn": null,
"name": "Dave Devloo",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering verleent volmacht aan Mr. Dave Devloo om over te gaan tot publicatie in de bijlagen bij het Belgisch Staatsblad alsook aanbrengen van de wijzigingen in de Kruispunbank der ondernemingen.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-02-17",
"filing_date": "2025-02-10",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "enig_aandeelhouder_schriftelijk",
"date": "2024-12-31",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0768.260.091",
"name_full": "MAZAN",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Dave Devloo",
"org_rep_person_name": null,
"person_role_at_subject": "Lasthebber"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}31-05-2023 Registered office moved within Koksijde
- Strandjutterslaan 14 bus 203 - 8670 Koksijde → Golflaan 46, 8670 Koksijde
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Golflaan 46, 8670 Koksijde",
"city": "Koksijde",
"region": "vlaams_gewest",
"street": "Golflaan",
"country": "BE",
"postcode": "8670",
"box_number": null,
"street_number": "46",
"locality_suffix": null
},
"old_address": {
"raw": "Strandjutterslaan 14 bus 203 - 8670 Koksijde",
"city": "Koksijde",
"region": "vlaams_gewest",
"street": "Strandjutterslaan",
"country": "BE",
"postcode": "8670",
"box_number": "203",
"street_number": "14",
"locality_suffix": null
},
"effective_date": "2023-05-22",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-05-31",
"filing_date": "2023-05-22",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-05-22",
"unanimous": true
},
"subject_company": {
"kbo": "0768.260.091",
"name_full": null,
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Alexander Verberckmoes",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"kopie na neerlegging van de akte ter griffie"
]
}| Legal nameNL | MAZAN |