Maas Consultancy
ActiveSummary
Maas Consultancy has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €241k and a net result of €47k. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▼-2
Solvency72▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 3.79 against 2.73 in 2023; short-term debt: 9.6% and cash: 15.3% of total assets), but 52.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
24 d late
2022
30 d late
2021
3 d early
2020
3 d early
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€241k▲ 24.3%
2023 · €194k
2019: €18klowest in 6 years
2020: €29k▲ +61.5% vs 2019
2021: €104k▲ +256% vs 2020
2022: €145k▲ +38.6% vs 2021
2023: €194k▲ +33.7% vs 2022
2024: €241k▲ +24.3% vs 2023highest in 6 years
2019 → 2024
Total assets
€510k▲ 7.6%
2023 · €474k
2019: €30klowest in 6 years
2020: €51k▲ +70.9% vs 2019
2021: €149k▲ +193% vs 2020
2022: €443k▲ +198% vs 2021
2023: €474k▲ +7.0% vs 2022
2024: €510k▲ +7.6% vs 2023highest in 6 years
2019 → 2024
Net result
€47k▼ 3.5%
2023 · €49k
2019: €16k
2020: €11k▼ -30.9% vs 2019lowest in 6 years
2021: €75k▲ +571% vs 2020highest in 6 years
2022: €40k▼ -46.3% vs 2021
2023: €49k▲ +21.2% vs 2022
2024: €47k▼ -3.5% vs 2023
2019 → 2024
Working capital
€137k▲ 57.7%
2023 · €87k
2019: €11klowest in 6 years
2020: €21k▲ +98.5% vs 2019
2021: €65k▲ +203% vs 2020
2022: €68k▲ +5.7% vs 2021
2023: €87k▲ +27.3% vs 2022
2024: €137k▲ +57.7% vs 2023highest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€29k-€104k▲ 256%€145k▲ 38.6%€194k▲ 33.7%€241k▲ 24.3%
2020: €29klowest in 5 years
2021: €104k▲ +256% vs 2020
2022: €145k▲ +38.6% vs 2021
2023: €194k▲ +33.7% vs 2022
2024: €241k▲ +24.3% vs 2023highest in 5 years
Operating result€18k-€107k▲ 490%€61k▼ 42.7%€79k▲ 28.7%€75k▼ 5.3%
2020: €18klowest in 5 years
2021: €107k▲ +490% vs 2020highest in 5 years
2022: €61k▼ -42.7% vs 2021
2023: €79k▲ +28.7% vs 2022
2024: €75k▼ -5.3% vs 2023
Net result€11k-€75k▲ 571%€40k▼ 46.3%€49k▲ 21.2%€47k▼ 3.5%
2020: €11klowest in 5 years
2021: €75k▲ +571% vs 2020highest in 5 years
2022: €40k▼ -46.3% vs 2021
2023: €49k▲ +21.2% vs 2022
2024: €47k▼ -3.5% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €510k
Fixed assets
€324k ▼ 3.9%
Current assets
€186k ▲ 35.7%
Equity and liabilities €510k
Equity
€241k ▲ 24.3%
Debt
€270k ▼ 4.0%
Debt's share of the balance-sheet total falls from 59.2% to 52.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€94k▼
2023 · €95k
Cash flow
€66k▲
2023 · €65k
Current ratio
3.79▲
2023 · 2.73
Debt to equity
1.12▼
2023 · 1.45
ROE
19.6%▼
2023 · 25.2%
ROA
9.2%▼
2023 · 10.3%
Interest coverage
7.77▼
2023 · 8.24
Debt ≤ 1 year
€49k▼
2023 · €50k
Debt > 1 year
€220k▼
2023 · €230k
Income taxes
€20k▼
2023 · €22k
Staff costs
€32k▲
2023 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€474k€510k▲
Fixed assets21/28€337k€324k▼
Tangible fixed assets22/27€337k€324k▼
Land and buildings22€331k€318k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€1k€3k▲
Current assets29/58€137k€186k▲
Amounts receivable within one year40/41€111k€102k▼
Trade receivables40€37k€20k▼
Other amounts receivable41€75k€82k▲
Cash at bank and in hand54/58€21k€78k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€474k€510k▲
Equity10/15€194k€241k▲
Contributions10/11€2k€2k=
Reserves13€192k€239k▲
Distributable reserves133€192k€239k▲
Amounts payable17/49€281k€270k▼
Amounts payable after more than one year17€230k€220k▼
Financial debts170/4€230k€220k▼
Amounts payable within one year42/48€50k€49k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Financial debts43€22k€18k▼
Credit institutions430/8€157-
Other loans439€22k€18k▼
Trade debts44€1k€110▼
Suppliers440/4€1k€110▼
Taxes, remuneration and social security45€17k€21k▲
Taxes450/3€9k€11k▲
Remuneration and social security454/9€8k€10k▲
Income statement
Code20232024
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€26k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€19k▲
Other operating charges640/8€3k€799▼
Non-recurring operating charges66A-€536
Gross operating margin9900€124k€127k▲
Operating profit (loss)9901€79k€75k▼
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€12k€12k▲
Recurring financial charges65€12k€12k▲
Profit (loss) for the period before taxes9903€71k€68k▼
Income taxes67/77€22k€20k▼
Profit (loss) for the period9904€49k€47k▼
Profit (loss) for the period to be appropriated9905€49k€47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€47k▼
Transfer to equity691/2€49k€47k▼
To other reserves6921€49k€47k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1k | - | - |
| Remuneration, social security and pensions62 | - | €25k | €23k | €26k | €32k | ▲ 22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €3k | €8k | €16k | €19k | ▲ 20.3% |
| Other operating charges640/8 | - | €1k | €51k | €3k | €799 | ▼ 75.8% |
| Non-recurring operating charges66A | - | - | - | - | €536 | - |
| Gross operating margin9900 | €35k | €136k | €143k | €124k | €127k | ▲ 2.5% |
| Operating profit (loss)9901 | €18k | €107k | €61k | €79k | €75k | ▼ 5.3% |
| Financial income75/76B | - | €755 | €2k | €3k | €5k | ▲ 50.9% |
| Recurring financial income75 | €4 | €755 | €2k | €3k | €5k | ▲ 50.9% |
| Financial charges65/66B | - | €1k | €5k | €12k | €12k | ▲ 5.0% |
| Recurring financial charges65 | €399 | €1k | €5k | €12k | €12k | ▲ 5.0% |
| Profit (loss) for the period before taxes9903 | €18k | €107k | €59k | €71k | €68k | ▼ 4.4% |
| Income taxes67/77 | €7k | €31k | €19k | €22k | €20k | ▼ 6.2% |
| Profit (loss) for the period9904 | €11k | €75k | €40k | €49k | €47k | ▼ 3.5% |
| Profit (loss) for the period to be appropriated9905 | €11k | €75k | €40k | €49k | €47k | ▼ 3.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51k | €149k | €443k | €474k | €510k | ▲ 7.6% |
| Fixed assets21/28 | €8k | €40k | €316k | €337k | €324k | ▼ 3.9% |
| Tangible fixed assets22/27 | €8k | €40k | €316k | €337k | €324k | ▼ 3.9% |
| Land and buildings22 | - | €30k | €309k | €331k | €318k | ▼ 3.8% |
| Plant, machinery and equipment23 | - | €10k | €8k | €5k | €3k | ▼ 43.1% |
| Furniture and vehicles24 | - | - | - | €1k | €3k | ▲ 141% |
| Current assets29/58 | €43k | €109k | €127k | €137k | €186k | ▲ 35.7% |
| Amounts receivable within one year40/41 | €26k | €78k | €110k | €111k | €102k | ▼ 8.8% |
| Trade receivables40 | - | €53k | €68k | €37k | €20k | ▼ 45.5% |
| Other amounts receivable41 | - | €24k | €42k | €75k | €82k | ▲ 9.4% |
| Cash at bank and in hand54/58 | €16k | €31k | €13k | €21k | €78k | ▲ 275% |
| Deferred charges and accrued income490/1 | - | €750 | €3k | €5k | €6k | ▲ 28.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51k | €149k | €443k | €474k | €510k | ▲ 7.6% |
| Equity10/15 | €29k | €104k | €145k | €194k | €241k | ▲ 24.3% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves13 | €27k | €102k | €143k | €192k | €239k | ▲ 24.6% |
| Distributable reserves133 | - | €102k | €143k | €192k | €239k | ▲ 24.6% |
| Amounts payable17/49 | €21k | €44k | €298k | €281k | €270k | ▼ 4.0% |
| Amounts payable after more than one year17 | - | - | €240k | €230k | €220k | ▼ 4.3% |
| Financial debts170/4 | - | - | €240k | €230k | €220k | ▼ 4.3% |
| Amounts payable within one year42/48 | €21k | €44k | €58k | €50k | €49k | ▼ 2.4% |
| Current portion of amounts payable after more than one year42 | - | - | €9k | €10k | €10k | ▲ 3.8% |
| Financial debts43 | - | €32k | €17k | €22k | €18k | ▼ 18.8% |
| Credit institutions430/8 | - | €32k | €200 | €157 | - | - |
| Other loans439 | - | - | €17k | €22k | €18k | ▼ 18.2% |
| Trade debts44 | €2k | €693 | €2k | €1k | €110 | ▼ 91.3% |
| Suppliers440/4 | - | €693 | €2k | €1k | €110 | ▼ 91.3% |
| Taxes, remuneration and social security45 | - | €12k | €30k | €17k | €21k | ▲ 21.8% |
| Taxes450/3 | - | €7k | €23k | €9k | €11k | ▲ 18.1% |
| Remuneration and social security454/9 | - | €5k | €7k | €8k | €10k | ▲ 25.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €75k | €40k | €49k | €47k | ▼ 3.5% |
| + Depreciation and write-downs630 | €1k | €3k | €8k | €16k | €19k | ▲ 20.3% |
| Operating cash flow (approximation) | €12k | €78k | €48k | €65k | €66k | ▲ 2.3% |
| Investment in fixed assets (approximation) | - | €-35k | €-284k | €-37k | €-6k | ▲ 83.1% |
| Change in cash | - | €14k | €-17k | €8k | €57k | ▲ 643% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Equity above €200kEq €241k ▲24.3%
6 profitable years in a row build equity to €241k.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
31-12
Financial
Equity above €150kEq €194k ▲33.7%
5 profitable years in a row build equity to €194k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €75k ▲571%
Operating result €107k, net result €75k, both a record.
31-12
Financial
Equity above €100kEq €104k ▲256%
3 profitable years in a row build equity to €104k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €11k ▼30.9%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kinrooi · 1 establishment unit since 2018
Ground area
516 m²
Building footprint
121 m²
Volume, LiDAR
638 m³
Parcel 72023D0305/00L000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Maas Consultancy
since 20182.280.518.104
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72023D0305/00L000 | Flanders | 516 m² | 1 · 121 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,295 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
64210Activities of holding companies
71111Activities of building architects
Contact
Scores and ratios are computed by Checked and are not a credit decision.