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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MAZZEL PROPERTY from Antwerpen, company number BE0438428221, closed financial year 2025 with a result of € 21,462 after tax. For that financial year MAZZEL PROPERTY recorded a gross margin of € 71,622 and equity of € 149,008. Compared with financial year 2024, the result moved from € 11,912 to € 21,462. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 149,008
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,462
▲ 80% vs 2024
Profit after tax over the fiscal year.
€ 13,266
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 87,508.
Debts at end 2025
€ 208,559
▼ 13% vs 2024
€ 24,271 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 12,274
▲ 75% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 90,529 | € 63,825 | € 68,772 | € 71,622 | ▲ 4% |
| Profit after taxes | € 27,358 | € 7,007 | € 11,912 | € 21,462 | ▲ 80% |
| Equity | € 78,115 | € 85,122 | € 127,547 | € 149,008 | ▲ 17% |
| Total debts | € 456,814 | € 437,958 | € 397,414 | € 352,749 | ▼ 11% |
| Cash | € 70,455 | € 62,442 | € 50,907 | € 13,266 | ▼ 74% |
| Land & buildings | € 422,926 | € 397,344 | € 373,331 | € 351,269 | ▼ 6% |
| Retained profit | € 47,129 | € 54,135 | € 66,047 | € 87,508 | ▲ 32% |
| Bank debt | € 282,946 | € 263,607 | € 240,398 | € 208,559 | ▼ 13% |
| Balance sheet total | € 564,231 | € 523,080 | € 524,960 | € 501,757 | ▼ 4% |
Key figures of MAZZEL PROPERTY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MAZZEL PROPERTY?
What happened at MAZZEL PROPERTY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,462 (▲ 80% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,358 profit in 2022 to € 21,462 profit in 2025.
Paid € 18,963 in corporate taxes since 2022.
Best year ever: 2022, with € 27,358 profit.
Management
Behind MAZZEL PROPERTY are Samuel Feldman and Chava Herzog. Samuel Feldman is also behind ALPHA PHOTO & ELECTRONICS and MEDIA WORLD.
Directors
According to the 2025 annual accounts
Chava Herzog
Director
Establishments
Establishment units
Physical locations of this company
Pelikaanstraat 126
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.428.221
- VAT number
- BE 0438.428.221
- Registered office
- Pelikaanstraat 126, 2018 Antwerpen
- Names & denominations
- MAZZEL PROPERTY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 1989
- Peppol
- Not registered