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MAASCH

Active
Public limited companyfounded 199036 yrs activeGeneraal Wahislaan 268, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0440.260.135
Summary

MAASCH has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €546,145 and a net result of €53,337. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 56% of 481 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computing infrastructure, data processing, hosting and related activities
NACE 63100NACE 63110NACE 72300
#9 oldest company in Schaarbeek, Telecoms and IT sector1 site
Size
€984,525total assets 2024
Equity
€546,145
Profit
€53,337
Turnover not published (abridged schema)
Financial health
91 Excellent Checked score 2024
Bankruptcy chance 12 m
0.1%
Structure
Accounts 67 d overdue0 of 5 deeds read
Why 91- 1 financial year not filed after the legal deadline; latest accounts 90 days late; 3 of the last 3 late- Figures for FY 2024 (filed 06-11-2025)+ Founded in 1990+ Liquidity: current ratio 3.33, cash €212,477Show the evidence

Checked score

Score 2024
91 / 100
Excellent
Probability in this band: under 0.55%
Better than 53% of its sector peers (NACE 63, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 80+2
equity 55.5% of total assets
Liquidity 72-1
short-term debt 17.4% · cash 21.6%
Profitability 76+2
return on assets 5.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (2,952 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%▲ +2.1% vs 02-2025 04-2025: < 0.1%▼ -4.1% vs 03-2025lowest value 05-2025: < 0.1%● 0.0% vs 04-2025lowest value 06-2025: < 0.1%▲ +4.3% vs 05-2025 07-2025: 0.1%▲ +18.4% vs 06-2025 08-2025: 0.1%▲ +51.7% vs 07-2025 09-2025: 0.1%▲ +5.7% vs 08-2025 10-2025: 0.1%▲ +25.8% vs 09-2025 11-2025: 0.1%▲ +12.8% vs 10-2025 12-2025: 0.1%▼ -55.3% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▲ +1.7% vs 01-2026 03-2026: 0.1%▲ +3.3% vs 02-2026 04-2026: 0.1%▼ -4.8% vs 03-2026 05-2026: 0.1%▲ +1.7% vs 04-2026 06-2026: 0.1%▲ +6.7% vs 05-2026 07-2026: 0.1%▲ +15.6% vs 06-2026 08-2026: 0.1%▲ +52.7% vs 07-2026 09-2026: 0.1%▲ +5.3% vs 08-2026 10-2026: 0.1%▲ +23.5% vs 09-2026highest value
  • Founded in 1990 lowers the probability for this profile
  • 1 financial year not filed after the legal deadline; latest accounts 90 days late; 3 of the last 3 late raises the probability
  • Liquidity: current ratio 3.33, cash €212,477 lowers the probability
  • Figures for FY 2024 (filed 06-11-2025) raises the probability
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 3.33 against 2.79 in 2023; short-term debt: 17.4% and cash: 21.6% of total assets), and 44.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 63, micro). Better than this share of them on solvency 51%, liquidity 60%, profitability 42%, growth against the median 57%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1990
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 90 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Liquidity: current ratio 3.33, cash €212,477
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 06-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
90 d late
2023
61 d late
2022
32 d late
2021
31 d late
2020
31 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Equity above €500,000Eq €546,145 ▲10.8%
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Positive: Oldest company in Schaarbeek, Telecoms and IT sectorin the Checked rankings #9 View
  • Positive: 7 profitable years in a rowprofit 2024: €53,337 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€984,525
Profit
€53,337
Solvency
55.5%
Total assets▲ 4.9%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2016
  1. 29-10-2025Annual accounts filed
  2. 31-12-2024Equity above €500,000
  3. 30-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Computing infrastructure, data processing, hosting and related activitiesNACE 63100
Founded
22-02-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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