Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Mazal from Elsene, company number BE0455636714, closed financial year 2025 with a result of € -15,715 after tax. For that financial year Mazal recorded revenue of € 871,372 and equity of € 59,472. Compared with financial year 2024, the result moved from € -72,819 to € -15,715. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 59,472
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,715
▲ 78 % less loss than in 2024
Profit after tax over the fiscal year.
€ 256,409
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
12.6
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 681,166
▼ 7% vs 2024
€ 54,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 21,081
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 383,154
▼ 36% vs 2024
€ 60,224 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 160,332
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 82,950
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,255,980 | € 904,042 | € 964,745 | € 871,372 | ▼ 10% |
| Gross margin | € 574,228 | € 569,784 | € 704,536 | € 803,797 | ▲ 14% |
| Profit after taxes | € 10,865 | € -10,371 | € -72,819 | € -15,715 | ▲ € 57,104 |
| Equity | € 170,787 | € 156,279 | € 79,323 | € 59,472 | ▼ 25% |
| Total debts | € 1,294,354 | € 1,034,691 | € 1,190,671 | € 1,015,703 | ▼ 15% |
| Cash | € 115,742 | € 145,029 | € 262,918 | € 256,409 | ▼ 2% |
| Land & buildings | € 693,119 | € 632,953 | € 606,662 | € 603,095 | ▼ 1% |
| Retained profit | € 132,967 | € 122,595 | € 49,777 | € 34,062 | ▼ 32% |
| Bank debt | € 682,604 | € 626,924 | € 598,716 | € 383,154 | ▼ 36% |
| Balance sheet total | € 1,465,140 | € 1,190,970 | € 1,367,143 | € 1,172,324 | ▼ 14% |
| Employees (FTE) | 266.4 | 11.5 | 12 | 12.6 | ▲ 0.6 |
Key figures of Mazal, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Mazal?
What happened at Mazal in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,715. Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,865 profit in 2022 to € 15,715 loss in 2025.
Paid € 155 in corporate taxes since 2022.
Best year ever: 2022, with € 10,865 profit.
On average € 63,800 of value added per employee in 2025.
A new publication or filing at Mazal? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Guldenvliesgalerij 396 box 3
1050 Elsene
Guldenvliesgalerij 396
1050 Elsene
Active since 1 January 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0455.636.714
- VAT number
- BE 0455.636.714
- Registered office
- Guldenvliesgalerij 396 bus 3, 1050 Elsene
- Names & denominations
- Mazal
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 20 February 1995
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Beoefening van uitvoerende kunsten door artistieke ensembles
Literaire creatie
Scheppende kunsten, m.u.v. ondersteunende diensten