Warning lights
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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
Mazaro, in vereffening from Wetteren, company number BE0817523423, closed financial year 2025 with a result of € -3.2 million after tax. Compared with financial year 2024, the result moved from € -925,089 to € -3.2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -1 million
▼ € 3.3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.2 million
▼ 251 % more loss than in 2024
Profit after tax over the fiscal year.
€ 567,068
▲ € 522,191 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.3 million.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 184,680
▲ 10% vs 2024
€ 92,300 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.
Debts at end 2025
€ 1.1 million
▲ 97% vs 2024
Loans from banks and other lenders, long and short.
€ 63,734
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 18 days on average.
€ 35,686
▲ 56% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 79,372 | € 8,000 | € 0 | - | |
| Profit after taxes | € -195,421 | € -738,550 | € -925,089 | € -3,243,736 | ▼ € 2.3 million |
| Equity | € 3,996,439 | € 3,156,297 | € 2,215,739 | € -1,042,446 | ▼ € 3.3 million |
| Total debts | € 1,446,828 | € 1,275,979 | € 1,501,306 | € 1,701,020 | ▲ 13% |
| Cash | € 3,154,442 | € 1,062,616 | € 44,877 | € 567,068 | ▲ € 522,191 |
| Retained profit | € -1,436,172 | € -2,174,722 | € -3,099,811 | € -6,343,547 | ▼ € 3.2 million |
| Bank debt | € 557,644 | € 557,644 | € 557,644 | € 1,100,622 | ▲ 97% |
| Balance sheet total | € 5,443,267 | € 4,432,276 | € 3,717,045 | € 813,337 | ▼ 78% |
| Employees (FTE) | 2 | 1.3 | 2 | 2 |
Key figures of Mazaro, in vereffening, 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 Mazaro, in vereffening?
What happened at Mazaro, in vereffening in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Mazaro, in vereffening is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- Topquark BV stepped down as director. NBB
- Benoit Coenraets stepped down as director. NBB
- Filip De Mazière stepped down as director. NBB
- ADMODUM BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3.2 million. filed late Source: NBB ↗
- Tom Hermans became a director. NBB
- Topquark BV became a director. NBB
- Benoit Coenraets became a director. NBB
In short
From € 195,421 loss in 2022 to € 3.2 million loss in 2025.
Paid € 57,748 in corporate taxes since 2022.
Pays suppliers within 18 days on average.
A new publication or filing at Mazaro, in vereffening? 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
Management
Behind Mazaro, in vereffening is Tom Hermans.
Directors
According to the 2025 annual accounts
Tom Hermans
Liquidator
since 2026
Benoit Coenraets
Director
since 2022 · until 2028
Managing director · represented by Steven Waelbers
Also active at: The Kobi Company, Lopos, REchato
since 2024 · until 2030
Filip De Mazière
Director
since 2022 · until 2028
Director · represented by Matthijs Paul
Also active at: LVD COMPANY, CRESCENT, IRISTICK, LIFEPOWR, ACADEMICLABS
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Damstraat 19 box A
9230 Wetteren
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
- 0817.523.423
- VAT number
- BE 0817.523.423
- Registered office
- Damstraat 19 bus A, 9230 Wetteren
- Names & denominations
- Mazaro, in vereffening
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 3 August 2009
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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