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Maasland Groefuitbating

Active
Public limited companyfounded 1968active for 58 yearsEkkelgaarden 16, 3500 Hasselt, Belgium40 active companies are registered at this addressKBO/BCE: BE 0401.327.008
Summary

Maasland Groefuitbating has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.8m and a net result of -€191,712. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 74% of 80 sector peers (NACE 08, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Other mining and quarrying
NACE 08111
2nd largest company by equity in Limburg, Mining and quarrying sector2 sites
Size
€640,411turnover 2025
Staff
1 FTE
Equity
€13.8m
Loss
-€191,712
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
J.M. CONSTRUCT · 100%
  • Befas BVDirector · permanent representative Fabienne SOETAERS
  • Jemi Consult BVManaging director · permanent representative Louis MACHIELS
  • Tom Melotte BVDirector
Auditor: VAN HAVERMAETAccounts 29 days early3 of 20 deeds read
Why 85raises riskLiquidity: current ratio 28.09, cash €4,451Loss of €191,712 (financial year 2025)lowers riskFounded in 1968Size: turnover €640,411, 1 FTE, total assets €18.7mShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 08, micro)
Financial strength · tick = 2024
Average
Solvency 98+9
equity 73.5% of total assets
Liquidity 50+3
short-term debt 2.6% · cash 0.0%
Profitability 20-80
return on assets -1.0%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (115 companies, NACE 08, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.3%● unchanged vs 08-2026highest value 10-2026: 0.3%● unchanged vs 09-2026highest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity ample (current ratio 28.09, compared with 5.51 in 2024, above the usual 1.5; short-term debt: 2.6% and cash: 0% of total assets), and 26.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 08, micro): better than 71% on solvency, 41% on liquidity, 13% on profitability and 17% on growth.

The bankruptcy probability was computed on 21-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 28.09, cash €4,451
NBB · annual accounts
lowers risk · Founded in 1968
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €640,411, 1 FTE, total assets €18.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €191,712 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
4 days late
2023
8 days late
2022
9 days late
2021
5 days late
2020
10 days late
2019
5 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 08) for financial year 2024 is 21 days before the deadline, and 30% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: Pampelonne BV (director)Permanent representatives: Marieke Meugens, Tom…
  3. Weakest financial yearnet -€191,712

Key points

  • Caution: Turnover fell in 2025from €7.9m to €640,411 ▼ 91.9% View
  • Caution: Among the weakest 14% on net resultsector median €173,053 · 80 companies -€191,712 View
  • Controlled by J.M. CONSTRUCTultimately: JM Recycling NV 100% View
  • Board changedlatest change 01-12-2025 · 3 in office 1 joined · 1 left View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Financial year
2025
Turnover
€640,411
Loss
-€191,712
Solvency
73.5%
Turnover▼ 91.9%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
J.M. CONSTRUCT · 100%
Auditor
VAN HAVERMAET
  • Befas BVDirector
  • Jemi Consult BVManaging director
  • Tom Melotte BVDirector
Go to Board & ownership

Timeline

Events
57
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2025Liquidity more than 5 times
  2. 04-08-2025Annual accounts filed
  3. 31-12-2024Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Other mining and quarryingNACE 08111
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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