Constructions MASSART Jonathan
ActiveThe computed 12-month bankruptcy probability of Constructions MASSART Jonathan is 2.0% (moderate). The 2025 annual accounts show equity of €267k and a net result of €19k. Equity is growing by ~24% per year across the filed fiscal years. Its solvency ranks better than 80% of 7331 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-5
Solvency97▲+6
Growth39▼-12
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 5.09 against 4.15 in 2024; short-term debt: 13.8% and cash: 53.4% of total assets), and 28% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72%
Return on assets
5.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
40 d early
2024
8 d early
2023
26 d early
2022
on the day
2021
5 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€403k▼ 30.9%
2023 · €584k
2021: €534k
2022: €494k
2023: €584k
2021 → 2025
EBIT margin
7.4%▼ 7.6pp
2023 · 15.0%
2021: 13.4%
2022: 18.4%
2023: 15.0%
2021 → 2025
Net result
€19k▼ 47.5%
2024 · €37k
2021: €52k
2022: €71k
2023: €68k
2024: €37k
2021 → 2025
Working capital
€209k▲ 16.5%
2024 · €180k
2021: €-33k
2022: €54k
2023: €133k
2024: €180k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€534k-€494k▼ 7.5%€584k▲ 18.3%€403k
Equity€72k-€143k▲ 99.1%€211k▲ 47.6%€248k▲ 17.5%€267k▲ 7.8%
Operating result€71k-€91k▲ 27.7%€88k▼ 3.8%€50k▼ 43.3%€30k▼ 39.7%
Net result€52k-€71k▲ 37.4%€68k▼ 4.5%€37k▼ 45.8%€19k▼ 47.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 40% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €371k
Fixed assets
€110k▼ 18.7%
Current assets
€260k▲ 10.0%
Equity and liabilities €371k
Equity
€267k▲ 7.8%
Debt
€104k▼ 17.2%
The debt ratio falls from 33.6% to 28.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58k▼
2024 · €82k
Cash flow
€47k▼
2024 · €69k
Solvency
72.0%▲
2024 · 66.4%
Current ratio
5.09▲
2024 · 4.15
Quick ratio
4.92▲
2024 · 4.09
Debt / equity
0.39▼
2024 · 0.51
ROE
7.2%▼
2024 · 14.9%
ROA
5.2%▼
2024 · 9.9%
Interest coverage
18.01▼
2024 · 24.70
Debt
€104k▼
2024 · €125k
Debt ≤ 1 year
€51k▼
2024 · €57k
Debt > 1 year
€52k▼
2024 · €67k
Income taxes
€7k▼
2024 · €9k
Staff costs
€62k▼
2024 · €86k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€373k€371k▼
Formation expenses20€697€255▼
Fixed assets21/28€136k€110k▼
Tangible fixed assets22/27€136k€110k▼
Land and buildings22€82k€78k▼
Plant, machinery and equipment23€37k€22k▼
Furniture and vehicles24€17k€11k▼
Financial fixed assets28€225€225=
Current assets29/58€237k€260k▲
Stocks and contracts in progress3€3k€9k▲
Stocks30/36€3k€9k▲
Amounts receivable within one year40/41€104k€49k▼
Trade receivables40€103k€46k▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€128k€198k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€373k€371k▼
Equity10/15€248k€267k▲
Contributions10/11€20k€20k=
Reserves13€220k€239k▲
Distributable reserves133€220k€239k▲
Profit (loss) carried forward14€8k€8k▲
Amounts payable17/49€125k€104k▼
Amounts payable after more than one year17€67k€52k▼
Financial debts170/4€67k€52k▼
Amounts payable within one year42/48€57k€51k▼
Current portion of amounts payable after more than one year42€19k€20k▲
Trade debts44€13k€21k▲
Suppliers440/4€13k€21k▲
Taxes, remuneration and social security45€25k€10k▼
Taxes450/3€18k€7k▼
Remuneration and social security454/9€7k€3k▼
Other amounts payable47/48-€0
Accrued charges and deferred income492/3€853€875▲
Income statement
Code20242025
Turnover70-€403k
Goods, raw materials, services and sundry goods60/61-€286k
Remuneration, social security and pensions62€86k€62k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€28k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€171k€123k▼
Operating profit (loss)9901€50k€30k▼
Financial income75/76B€23€0▼
Recurring financial income75€23€0▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€46k€27k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€37k€19k▼
Profit (loss) for the period to be appropriated9905€37k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€27k▼
Profit (loss) brought forward from the previous period14P€6k€8k▲
Transfer to equity691/2€35k€19k▼
To the legal reserve6920€35k-
To other reserves6921-€19k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €19k ▼47.5%
Net result drops to €19k, the lowest in the series.
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €200kEq €211k ▲47.6%
3 profitable years in a row build equity to €211k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2021net €71k ▲37.4%
Operating result €91k, net result €71k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 1.84
Current ratio from 0.78 to 1.84; short-term debt falls from €151k to €65k.
30-06
Financial
Equity above €100kEq €143k ▲99.1%
2 profitable years in a row build equity to €143k.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beauraing · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
rue de Fromelennes,Dn 55570 BeauraingGround area
1,840 m²
Parcel 91035A0461/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
rue de Fromelennes,Dn 5, 5570 Beauraing
since 20212.312.946.489
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91035A0461/00E000 | Wallonia | 1,840 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 11,295 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2021
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:jonathan.massart@hotmail.com
Phone:+32474673928