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Joaillerie Massis

Active
Private limited companyfounded 2015active for 11 yearsKBO/BCE: BE 0507.891.703
Summary

The computed 12-month bankruptcy probability of Joaillerie Massis is 14.6% (high). For Joaillerie Massis, at least two annual filings are missing. The 2023 annual accounts show negative equity (-€119,333) and a net result of -€134,496. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 263 sector peers (NACE 13, financial year 2023). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 05-01-2015 Normal situation
Legal form
Private limited company
Activity
Manufacture of textiles NACE 13921and 8 others
Joint committee
215 Paritair Comité voor de bedienden van het kleding- en confectiebedrijf · annual accounts 2021
Establishment units
2.238.900.154 1420 Braine-l'Alleud, since 05-01-2015
2.263.826.976 1472 Genappe, since 01-04-2017
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Kurtulus MuratDirector

Financial position

Bankruptcy probabilitywithin 12 months
14.6%
2023 figures too old to score
Annual accounts 2023
Gross margin
-€78,719
Loss
€134,496
▲ 868%
Equity
-€119,333
Total assets
€188,170
▲ 178%
  • Negative equity on 31-12-2023
  • 2024 accounts not filed, 461 days past the deadline
Signalsraises riskFigures for financial year 2023 (filed on 29-08-2024)Ex-officio strike-off in the KBO2 financial years not filed after the legal deadline; last filed accounts filed 28 days lateTwo or more financial years not filed2023 accounts filed 28 days lateAdministrative warnings in the KBO publicationslowers riskSector: Manufacture of textiles (NACE 13)Show the evidence

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Weak
Solvency 0-47
equity -63.4% of total assets
Liquidity 0-16
short-term debt 163.3%
Profitability 0=
return on assets -71.5%
Bankruptcy probability within 12 months
14.6% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 12-2024: 4.4% 01-2025: 4.4%● unchanged vs 12-2024 02-2025: 4.4%● unchanged vs 01-2025 03-2025: 2.4%▼ -2.0 percentage points vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 2.3%▼ -0.1 percentage points vs 04-2025 06-2025: 2.2%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 2.3%▲ +0.1 percentage points vs 06-2025 08-2025: 2.7%▲ +0.4 percentage points vs 07-2025 09-2025: 2.9%▲ +0.2 percentage points vs 08-2025 10-2025: 3.6%▲ +0.7 percentage points vs 09-2025 11-2025: 3.7%▲ +0.1 percentage points vs 10-2025 12-2025: 4.3%▲ +0.6 percentage points vs 11-2025 01-2026: 5.2%▲ +0.9 percentage points vs 12-2025 02-2026: 5.4%▲ +0.2 percentage points vs 01-2026 03-2026: 5.5%▲ +0.1 percentage points vs 02-2026 04-2026: 5.1%▼ -0.4 percentage points vs 03-2026 05-2026: 9.3%▲ +4.2 percentage points vs 04-2026 06-2026: 9.3%● unchanged vs 05-2026 07-2026: 9.3%● unchanged vs 06-2026 08-2026: 12.2%▲ +2.9 percentage points vs 07-2026 09-2026: 14.3%▲ +2.1 percentage points vs 08-2026 10-2026: 14.6%▲ +0.3 percentage points vs 09-2026highest value 11-2026: 14.6%● unchanged vs 10-2026highest value
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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2023 (filed on 29-08-2024)
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 28 days late
NBB · filings
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline04-11-2026 today
raises risk · 2023 accounts filed 28 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-08-2024, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
28 days late
2022
3 days late
2021
32 days early
2020
94 days early
2019
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 8 days before the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2023 -€119,333 View
  • Caution: Result fell in 2023from -€13,893 to -€134,496 ▼ 868% View
  • Caution: Lower net result than 95% of companies in textilessector median €5,144 · 263 companies -€134,496 View
  • Caution: 2 loss-making years in a rowloss in financial year 2023 -€134,496 View

Recent changes

  1. · KBO administration Address struckevent 05-04-2026
  2. · Gazette deed Company renamed from L&K TEXTILES to Joaillerie Massis
  3. · Gazette deed Registered office moved from Wezembeek-Oppem to ArquennesNew seat: Chaussée de Nivelles 167, 7181 Arquennes · Previous seat: Grensstraat 166 bus 3-1970 Wezembeek-Oppem
All 18 events

Comparable companies

These companies have the same main activity as Joaillerie Massis: manufacture of textiles (NACE 13921). They are comparable in size and age: total assets between €27,400 and €167,000, founded between 2002 and 2019.

CompanyTotal assetsGross margin
Joaillerie Massis€188,170-€78,719
DNS’ Products Turnhout€166,982-€1,250
MAJOLI Aartselaar€101,985€388
SERVIO PRO Roeselare€121,054€3,459
CONFECTION - PRET A POSER Charleroi€47,353-€1,175
Confectie Madéma Anzegem€27,411-€8,739
STEPHANIE MICHAELIS Namur€129,931€13,113
Full comparison

Key facts about Joaillerie Massis

What is the company number of Joaillerie Massis?
The company number of Joaillerie Massis is 0507.891.703. The VAT number is the same number with BE in front: BE 0507.891.703.
What does Joaillerie Massis do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13921).
What is the legal form of Joaillerie Massis?
The legal form of Joaillerie Massis is Private limited company (BV).
When was Joaillerie Massis founded?
Joaillerie Massis was founded on 05-01-2015.
Is Joaillerie Massis still active?
Yes, Joaillerie Massis is an active enterprise in the KBO register.Company details
How many employees does Joaillerie Massis have?
Joaillerie Massis had an average of 0.3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does Joaillerie Massis fall under?
In its 2021 annual accounts, Joaillerie Massis states joint committee 215 (Paritair Comité voor de bedienden van het kleding- en confectiebedrijf).
What is the turnover of Joaillerie Massis?
The annual accounts for financial year 2023 state no turnover.
Is Joaillerie Massis profitable?
In financial year 2023, Joaillerie Massis made a loss of €134,496.
Where can I find the annual accounts of Joaillerie Massis?
Joaillerie Massis filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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