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MAASH

Active
Public limited companyfounded 2021active for 5 yearsResearchdreef 4, 1070 Anderlecht, BelgiumKBO/BCE: BE 0774.786.708
Summary

The computed 12-month bankruptcy probability of MAASH is 2.0% (moderate). The 2025 annual accounts show equity of €14.1m and a net result of -€390,562. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 781 sector peers (NACE 10, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

History

On 29 September 2021, MAASH was incorporated as a public limited company.1 A capital increase in 2026 brought the capital to €10.1m.2 Total assets went from €299,970 in 2022 to €14.2m in 2025 and headcount from 3 full-time equivalents in 2023 to 5 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-06-2026
  3. 3National Bank, annual accounts 2022, 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
02-10
Gazette deed Resignation: Frédéric Van Gansberghe (director)
Appointments: Samah Garringer (day-to-day manager) and European Company of Stake (director) · Power of attorney10 facts ▸
  • General meeting, 01-09-2026
  • Director resignation, Frédéric Van Gansberghe (director)
  • Power of attorney, Louca Ughi
  • Power of attorney, Jeanne Charlier
  • Board meeting, 01-09-2026
  • Director appointment, Samah Garringer (day-to-day manager)
  • Power of attorney, Samah Garringer
  • Director appointment, European Company of Stake (director)
  • Director appointment, European Company of Stake (chair of the board)
  • Director resignation, Frédéric Van Gansberghe (daily management delegate)
12-06
Gazette deed Resignations: GOMEZ URGOITI Maria, VAN GANSBERGHE Paloma and DECKERS Benoît
Reappointment: VAN GANSBERGHE Frederic (director) · Appointments: COMPAGNIE DU BOIS SAUVAGE, LIE Aslak and 4 others · Permanent representatives: DECKERS Benoît and Anne-Sophie de la GORCE36 facts ▸
  • General meeting, 26-05-2026
  • Approval, “émission classes d’actions, approbation à l’unanimité” (deed in French)
  • Kind of shares, 2, “création” (deed in French)
  • Other provision, “unanimité, apports en numéraire visés ci-après” (deed in French)
  • Capital increase, €5,849,267.90
  • Other provision, “individuelle expresse et irrévocable, renonciation droit de préférence” (deed in French)
  • Other provision, “souscripteur actions préférentielles classe B, Actions préférentielles de classe B” (deed in French) (5 times)
  • Bank account, “actions libérées comme stipulé,disponible dès à présent”, 4849430.4 (deed in French)
  • Capital, €10,110,847.90 (2 times)
  • Amendment of the articles, 5
  • Shareholding, “Actions préférentielles de classe B”, 762 (deed in French)
  • Financial instrument, “droits de souscription, Actions de classe A” (deed in French)
  • +24 further facts in this act
07-06
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial Weakest financial yearnet -€390,562
Net result drops to -€390,562, the lowest in the series.
10-07
NBB filing Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial Liquidity more than 22 timescurrent ratio 9.10
Current ratio from 0.40 to 9.10; short-term debt falls from €317,473 to €68,882.
31-12
Financial Equity above €10mequity €20.7m ▲11,620%
Equity rises from €176,832 to €20.7m.
12-08
Gazette deed Capital & shares · Amendment of the articles
Capital · Financial instrument · Auditor report28 facts ▸
  • General meeting, 31-07-2024
  • Other provision, “division des actions, nombre d’actions attribuables lors de l’exercice des droits de souscription existants multiplié par cent” (deed in French)
  • Capital
  • Financial instrument, 33, “ajustement pour division” (deed in French)
  • Other provision, “dispense de lecture des rapports d’apports en nature” (deed in French)
  • Auditor report, 2000000, “apport en nature” (deed in French)
  • Other provision, “apports en numéraire visés ci-après, renonciation aux rapports pour apports en numéraire” (deed in French)
  • Capital increase, €3,000,000
  • Capital contribution, €2,000,000 (2 times)
  • Capital contribution, €1,000,000 (3 times)
  • Share issue, “sans désignation de valeur nominale, rapports ci-dessus” (deed in French)
  • Capital contribution, €1,600,000
  • +16 further facts in this act
28-06
NBB filing Annual accounts filed
financial year 2023 · full format
2023
23-06
NBB filing Annual accounts filed
financial year 2022 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
3 of 7 deeds read
About the unread acts

Of the 7 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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