E.G.E. MASQUELIER
ActiveSummary
E.G.E. MASQUELIER has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-11
Solvency54▲+22
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.8 in 2024; short-term debt: 71.3% and cash: 38.9% of total assets), and 71.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
28.7%
Return on assets
16.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €27k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
19 d late
2023
23 d late
2022
10 d late
2021
31 d late
2020
23 d late
2019
39 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▼ 68.1%
2024 · €47k
2018: €44k
2019: €32k
2020: €30k
2021: €57k
2022: €82k
2023: €147k
2024: €47k
2018 → 2025
Working capital
€-1k▲ 95.1%
2024 · €-30k
2018: €58k
2019: €102k
2020: €151k
2021: €-28k
2022: €-20k
2023: €-35k
2024: €-30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€9k▼ 57.0%€9k▲ 4.6%€12k▲ 22.9%€27k▲ 129%
Operating result€73k-€98k▲ 34.3%€196k▲ 101%€50k▼ 74.7%€20k▼ 59.4%
Net result€57k-€82k▲ 43.8%€147k▲ 78.9%€47k▼ 68.0%€15k▼ 68.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 59% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€28k ▼ 31.8%
Current assets
€65k ▼ 46.5%
Equity and liabilities €93k
Equity
€27k ▲ 129%
Debt
€66k ▼ 56.0%
Debt's share of the balance-sheet total falls from 92.8% to 71.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▼
2024 · €51k
Cash flow
€19k▼
2024 · €49k
Current ratio
0.98▲
2024 · 0.80
Debt to equity
2.49▼
2024 · 12.98
ROE
56.4%▼
2024 · 405.6%
ROA
16.2%▼
2024 · 29.0%
Interest coverage
258.67▲
2024 · 54.72
Debt ≤ 1 year
€66k▼
2024 · €151k
Income taxes
€5k▼
2024 · €16k
Staff costs
€3k▼
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€163k€93k▼
Fixed assets21/28€41k€28k▼
Tangible fixed assets22/27€33k€19k▼
Furniture and vehicles24€33k€8k▼
Other tangible fixed assets26-€11k
Financial fixed assets28€9k€9k=
Current assets29/58€121k€65k▼
Amounts receivable within one year40/41€93k€29k▼
Trade receivables40€4k€239▼
Other amounts receivable41€89k€28k▼
Cash at bank and in hand54/58€28k€36k▲
Equity and liabilities
Total equity and liabilities10/49€163k€93k▼
Equity10/15€12k€27k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€4k€19k▲
Amounts payable17/49€151k€66k▼
Amounts payable within one year42/48€151k€66k▼
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Advances received on contracts in progress46-€1k
Taxes, remuneration and social security45€15k€6k▼
Taxes450/3€15k€6k▼
Other amounts payable47/48€135k€58k▼
Income statement
Code20242025
Non-recurring operating income76A€14k-
Remuneration, social security and pensions62€46k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€1k€487▼
Non-recurring operating charges66A€10k€5k▼
Gross operating margin9900€108k€33k▼
Operating profit (loss)9901€50k€20k▼
Financial income75/76B€15k-
Recurring financial income75€15k-
Non-recurring financial income76B€15k-
Financial charges65/66B€978€92▼
Recurring financial charges65€934€92▼
Non-recurring financial charges66B€44-
Profit (loss) for the period before taxes9903€64k€20k▼
Income taxes67/77€16k€5k▼
Profit (loss) for the period9904€47k€15k▼
Profit (loss) for the period to be appropriated9905€47k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€19k▼
Profit (loss) brought forward from the previous period14P€1k€4k▲
Profit to be distributed694/7€45k-
Return on contributions (dividend)694€45k-
The notes to these accounts (9 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
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €15k ▼68.1%
Net result drops to €15k, the lowest in the series.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 19 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
31-12
Financial
Highest result since 2018net €147k ▲78.9%
Operating result €196k, net result €147k, both a record.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 10 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 11.07
Current ratio from 3.21 to 11.07; short-term debt falls from €46k to €15k.
31-12
Financial
Equity above €150kEq €171k ▲33.5%
3 profitable years in a row build equity to €171k.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
31-12
Financial
Equity above €100kEq €128k ▲33.7%
2 profitable years in a row build equity to €128k.
Show earlier events
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2008
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.
Petit Bois(HSH) 216120 Ham-sur-Heure-NalinnesGround area
1,611 m²
Building footprint
122 m²
Volume, LiDAR
561 m³
Parcel 56034C0552/00R005, Wallonia · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Petit Bois(HSH) 21, 6120 Ham-sur-Heure-Nalinnes
since 20082.173.327.065
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56034C0552/00R005 | Wallonia | 1,611 m² | 1 · 122 m² | 6.8 m · 1 fl. |
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 22,821 companies in sector 43211 we hold annual accounts for 10,326. 7,792 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.