IMMO MASA
ActiveSummary
The computed 12-month bankruptcy probability of IMMO MASA is 2.0% (moderate). The 2025 annual accounts show equity of €679,298 and a net result of -€222,321. Equity has been growing by about 18% per year since 2019. Its solvency ranks better than 27% of 5,801 sector peers (NACE 68, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 30-09-2011 Normal situation
- Activity
- Development of residential building projects NACE 68121and 2 others
- Joint committees
- 124 Paritair Comité voor het bouwbedrijf
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2025
- Establishment unit
- 2.203.680.543 7110 La Louvière, since 30-09-2011
- Financial year end
- 31 March
- Peppol
- Reachable since 08-07-2026
Board and ownership
- MARRANO MédéricDirector · since 14-01-2022
- CALI JulianDirector
- CALI SalvatoreDirector
- MARRANO Médéric37 sharesact of 19-01-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.0%
- Gross margin
- €1.1m
- ▼ 38.2%
- Turnover
- ≈ €1.4m
- estimated
- Loss
- €222,321
- Equity
- €679,298
- ▼ 24.7%
- Total assets
- €4.9m
- ▼ 2.5%
- Staff
- 15 FTE
- =
- 2026 accounts not filed, 5 days past the deadline
Score breakdownraises riskLiquidity: current ratio 1.14, cash €13,209Figures for financial year 2025 (filed on 23-10-2025)Equity €679,298 (13.9% of total assets)Size: 15 FTE, total assets €4.9mShow the evidence
Checked score
About 2 in 100 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 (NACE 68, small). It does better than 33% of them on solvency, 6% on liquidity, 6% on profitability and 14% 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.
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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Signals
The company filed its last 6 accounts on average 4 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Transfer of 37 shares from CALI Julian to MARRANO MédéricChanges of role: CALI Julian (director) and CALI Salvatore (director) · Appointment: MARRANO Médéric (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as IMMO MASA: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €2.6m and €4.8m, founded between 2009 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| IMMO MASA La Louvière | €4.9m | €1.1m |
| CROCUS CONSTRUCTION Binche | €4.8m | €1.1m |
| GRISK Consulting Mont-Saint-Guibert | €3.1m | €1.7m |
| DERWECO Zele | €3.0m | €1.1m |
| B.A.B.E.L. Kortemark | €2.7m | €1.1m |
| LEMCON Leuven | €3.6m | €1.0m |
| POLLENTIA Lierde | €2.6m | €1.5m |
Key facts about IMMO MASA
- What is the company number of IMMO MASA?
- The company number of IMMO MASA is 0839.795.217. The VAT number is the same number with BE in front: BE 0839.795.217.
- Where is IMMO MASA based?
- The registered office is at Rue de la Croix du Maïeur (S-B) 21, 7110 La Louvière.Company details
- What does IMMO MASA do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of IMMO MASA?
- The legal form of IMMO MASA is Private limited company (BV).
- When was IMMO MASA founded?
- IMMO MASA was founded on 30-09-2011.
- Is IMMO MASA still active?
- Yes, IMMO MASA is an active enterprise in the KBO register.
- How many employees does IMMO MASA have?
- IMMO MASA had an average of 15 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does IMMO MASA fall under?
- In its 31-03-2025 annual accounts, IMMO MASA states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of IMMO MASA?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €1.1m and 39 comparable companies (NACE 681). It probably lies between €1.1m and €3.1m.
- Is IMMO MASA profitable?
- In financial year 2025, IMMO MASA made a loss of €222,321.
- Where can I find the annual accounts of IMMO MASA?
- IMMO MASA filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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