MA ART SPACE
The computed 12-month bankruptcy probability of MA ART SPACE is 4.0% (elevated). The 2024 annual accounts show negative equity (€-38k) and a net result of €-48k. Its solvency ranks better than 5% of 3170 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-38k |
| Net result | €-48k |
| Better than sector | 5% |
| Active | 3 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -93.2% | 53.8% | |
| Net result | €-48k | €18k | |
| Equity | €-38k | €40k | |
| Gross operating margin | €4k | €36k | |
| Staff costs | €47k | €22k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-44k |
| Net profit | €-48k |
| Cash flow | €-45k |
| Staff costs | €47k |
| Income taxes | - |
| Dividends | - |
| Total assets | €40k |
| Equity | €-38k |
| Debt | €78k |
| of which ≤ 1y | €78k |
| of which > 1y | - |
| Working capital | €-53k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.33 |
| Quick ratio | 0.33 |
| Working capital ratio | -130.2% |
| Solvency | -93.2% |
| Debt / equity | -2.07 |
| Long-term debt ratio | - |
| Interest coverage | -42.11 |
| Gross margin | - |
| Net margin | - |
| ROA | -117.9% |
| ROE | 126.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €40k |
| Fixed assets | 21/28 | €15k |
| Tangible fixed assets | 22/27 | €15k |
| Current assets | 29/58 | €25k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €40k |
| Equity | 10/15 | €-38k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €-48k |
| Amounts payable | 17/49 | €78k |
| Amounts payable within one year | 42/48 | €78k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €4k |
| Operating result | 9901 | €-47k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-48k |
| Net result for the period | 9904 | €-48k |
| Result to be appropriated | 9905 | €-48k |
| NACE primary | 82300 |
| Legal form | Private limited company(610) |
| Incorporation | 24-07-2023 |
| Status | Active |
| Postal code | 1060 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0077/00Z005 | Brussels | 252 m² | 1 · 222 m² | 18.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-04-2025 Simon Grünberger resigns as director
- Simon Grünberger, Bestuurder
Technical details
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}13-11-2023 2 directors appointed
- Simon GRUNBERGER, Bestuurder
- Nancy VAN RYSSELBERGHE, Mandataire
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MA ART SPACE |