GaMass
ActiveSummary
GaMass has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80,957 and a net result of €40,566. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-06-2024 Normal situation
- Activity
- “L'exercice de l'art de guérir,et plus particulièrement dans le domaine médical de la pédiatrie” (deed in French)From the articles, 12 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.360.614.863 1050 Ixelles, since 20-06-2024
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- MASSART Gaëtane Manuelle JoséphineDirector · since 18-06-2024
- MASSART Gaëtane Manuelle Joséphine100 sharesdeed of 20-06-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €54,318
- ▲ 7.9%
- Turnover
- ≈ €160,000
- estimated
- Profit
- €40,566
- ▲ 10.0%
- Equity
- €80,957
- ▲ 100%
- Total assets
- €92,291
- ▲ 65.3%
Score breakdownraises riskFounded in 2024No main activity registeredlowers riskLiquidity: current ratio 7.82, cash €79,405Equity €80,957 (87.7% of total assets)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 89% on liquidity, 90% on profitability and 92% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 17 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 15-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 11% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €6,000 | - |
| Financial fixed assets | - | €0 |
| Depreciation and write-downs of the year | €3,287 | €2,000 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,287 | €2,000 | ▼ 39.2% |
| Other operating charges640/8 | €352 | €513 | ▲ 46.1% |
| Gross operating margin9900 | €50,327 | €54,318 | ▲ 7.9% |
| Operating profit (loss)9901 | €46,688 | €51,805 | ▲ 11.0% |
| Financial income75/76B | €14 | €54 | ▲ 284% |
| Recurring financial income75 | €14 | €54 | ▲ 284% |
| Financial charges65/66B | €38 | €75 | ▲ 96.1% |
| Recurring financial charges65 | €38 | €75 | ▲ 96.1% |
| Profit (loss) for the period before taxes9903 | €46,664 | €51,784 | ▲ 11.0% |
| Income taxes67/77 | €9,773 | €11,218 | ▲ 14.8% |
| Profit (loss) for the period9904 | €36,891 | €40,566 | ▲ 10.0% |
| Profit (loss) for the period to be appropriated9905 | €36,891 | €40,566 | ▲ 10.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €55,836 | €92,291 | ▲ 65.3% |
| Fixed assets21/28 | €5,760 | €3,760 | ▼ 34.7% |
| Tangible fixed assets22/27 | €5,760 | €3,760 | ▼ 34.7% |
| Furniture and vehicles24 | €5,760 | €3,760 | ▼ 34.7% |
| Current assets29/58 | €50,077 | €88,531 | ▲ 76.8% |
| Amounts receivable within one year40/41 | €664 | €0 | ▼ 100% |
| Other amounts receivable41 | €664 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €32,809 | €79,405 | ▲ 142% |
| Deferred charges and accrued income490/1 | €16,603 | €9,126 | ▼ 45.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €55,836 | €92,291 | ▲ 65.3% |
| Equity10/15 | €40,391 | €80,957 | ▲ 100% |
| Contributions10/11 | €3,500 | €3,500 | = |
| Profit (loss) carried forward14 | €36,891 | €77,457 | ▲ 110% |
| Amounts payable17/49 | €15,445 | €11,333 | ▼ 26.6% |
| Amounts payable within one year42/48 | €12,311 | €11,315 | ▼ 8.1% |
| Trade debts44 | - | €114 | - |
| Suppliers440/4 | - | €114 | - |
| Taxes, remuneration and social security45 | €12,311 | €11,201 | ▼ 9.0% |
| Taxes450/3 | €9,772 | €11,201 | ▲ 14.6% |
| Remuneration and social security454/9 | €2,539 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €3,134 | €18 | ▼ 99.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €36,891 | €40,566 | ▲ 10.0% |
| + Depreciation and write-downs630 | €3,287 | €2,000 | ▼ 39.2% |
| Operating cash flow (approximation) | €40,179 | €42,566 | ▲ 5.9% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €46,596 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as GaMass has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GaMass itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for GaMass. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- MASSART Gaëtane Manuelle Joséphine 100 shares
Capital transactions
- 20-06-2024 Incorporation · €3,500 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Cession et transmission d'actions, accord unanime”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Articles of association, deed of 20-06-2024 (in French)
Network & group
GaMass shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of GaMass. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
20-06
Gazette deed
IncorporationFounding capital of €3,500, 100 shares · Founder: MASSART Gaëtane Manuelle Joséphine · Appointment: MASSART Gaëtane Manuelle Joséphine (director)8 points ▸
- Registered office clause, rue Veydt 63, 1050 Ixelles
- Board rule, 1
- Director appointment, MASSART Gaëtane Manuelle Joséphine (director (not named in the articles))
- Power of attorney, Caroline Counet
- MASSART Gaëtane Manuelle Joséphine holds 100 shares
- Incorporation, 17-06-2024
- Founder, MASSART Gaëtane Manuelle Joséphine
- Founding capital, €3,500, 100 shares
- The deed holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
12 activities
- L'exercice de l'art de guérir,et plus particulièrement dans le domaine médical de la pédiatrie
- La médecine est exercée au nom et pour le compte de la société
- Permettre de pratiquer une médecine de qualité,dans le respect de la déontologie et de la liberté thérapeutique et diagnostique
- Gestion du cabinet médical,en ce compris l'acquisition,la location et l'entretien du matériel médical et des biens d'équipement
- Facturation et perception d'honoraires médicaux
- Mise à disposition de tout ce qui est nécessaire à la pratique de l'art de guérir
- Toute transaction mobilière et immobilière concernant les locaux médicaux et non médicaux
- Achat du matériel médical et non médical
- Engagement du personnel administratif,soignant,pratiquant ou appelé à pratiquer dans la société
- Accomplir toutes opérations se rapportant directement ou indirectement à la réalisation de son objet
- S'intéresser par voie d'apport,de fusion,de souscription dans toutes entreprises,associations ou sociétés ayant un objet similaire,analogue ou connexe
- Constitution,gestion et valorisation d'un patrimoine mobilier et immobilier par achat,vente,location,mise en location,construction
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21447A0334/00N022 | Brussels | 239 m² | 1 · 105 m² | 19.6 m · 5 |