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MA-SA

Active
Private limited companyfounded 2019active for 7 yearsCatelijne Verbauwenstraat 13, 8210 Zedelgem, BelgiumKBO/BCE: BE 0717.820.685

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of MA-SA is 3.0% (moderate). The 2025 annual accounts show equity of €30,386 and a net result of -€20,259. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 49% of 22,679 sector peers (NACE 47, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

History

On 8 January 2019, MA-SA was incorporated.1 The registered office moved to Brugge in 2023 and to Loppem in 2025.23 Total assets went from €57,200 in 2019 to €95,983 in 2025 and headcount from 2.2 full-time equivalents in 2019 to 0.3 in 2023.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-01-2023
  3. 3Belgian Official Gazette, 10-02-2025
  4. 4National Bank, annual accounts 2019, 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
17-08
NBB filing Annual accounts filedNBB
financial year 2025 · micro format · 17 days late
2025
23-05
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
10-02
Gazette deed Registered office
Registered-office move · Partner4 facts ▸
  • Registered-office move, Catelijne Verbauwenstraat 13,8210 Loppem
  • General meeting, 11:30, “vennoten” (deed in Dutch)
  • Partner, COENE Mariano
  • Partner, ALLARY Saïda

Open the act in the Belgian Official Gazette

2024
26-09
NBB filing Annual accounts filedPDF
financial year 2023 · micro format · 57 days late
2023
31-12
Financial Weakest financial yearnet -€46,154
Net result drops to -€46,154, the lowest in the series; recovery starts the following year.
18-12
Gazette deed Registered office
Registered-office move · Partner5 facts ▸
  • Registered-office move, Korte Rijkepijndersstraat 14,8000 Brugge
  • Partner, COENE Mariano
  • Partner, ALLARY Saïda
  • Other provision, “Korte Rijkepijndersstraat 14,8000 Brugge” (deed in Dutch)
  • Other provision, “signature-block” (deed in Dutch)

Open the act in the Belgian Official Gazette

20-09
NBB filing Annual accounts filedPDF
financial year 2022 · micro format · 51 days late
24-01
Gazette deed Resignation: CAERELS Ivanny (director)
Director discharge · Registered-office move5 facts ▸
  • General meeting, 04-01-2023
  • Director resignation, CAERELS Ivanny (director)
  • Director discharge, CAERELS Ivanny (director)
  • Registered-office move, Rijkepijndersstraat 14, 8000 Brugge
  • Other provision, “vennoot signing minutes, vennoot” (deed in Dutch) (4 times)

Open the act in the Belgian Official Gazette

2022
31-08
NBB filing Annual accounts filedPDF
financial year 2021 · micro format · 31 days late
2021
31-12
Financial Highest result from 2019 to 2025net €74,411 ▲122%
Operating result €103,035, net result €74,411, both a record.
31-12
Financial Liquidity doublescurrent ratio 2.05
Current ratio from 1.01 to 2.05.
31-12
Financial Equity above €100,000equity €142,951 ▲109%
A profit in every financial year since 2019 builds equity to €142,951.
29-07
NBB filing Annual accounts filedPDF
financial year 2020 · micro format
2020
02-09
NBB filing Annual accounts filedPDF
financial year 2019 · micro format · 33 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank