MANAGEMENT STRATEGY AND SALES
ActiveSummary
MANAGEMENT STRATEGY AND SALES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €363k and a net result of €19k. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 68% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-9
Solvency80▼-20
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 6.19 in 2024; short-term debt: 44.6% and cash: 49.5% of total assets), and 44.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.4%
Return on assets
2.9%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
22 d late
2023
30 d late
2022
22 d late
2021
24 d late
2020
51 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€363k▼ 37.8%
2024 · €583k
2018: €202k
2019: €253k
2020: €274k
2021: €345k
2022: €390k
2023: €517k
2024: €583k
2018 → 2025
Total assets
€655k▼ 1.5%
2024 · €665k
2018: €212k
2019: €271k
2020: €322k
2021: €374k
2022: €403k
2023: €582k
2024: €665k
2018 → 2025
Net result
€19k▼ 71.6%
2024 · €67k
2018: €29k
2019: €50k
2020: €45k
2021: €70k
2022: €45k
2023: €148k
2024: €67k
2018 → 2025
Working capital
€219k▼ 47.0%
2024 · €412k
2018: €164k
2019: €216k
2020: €244k
2021: €307k
2022: €318k
2023: €372k
2024: €412k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€345k-€390k▲ 13.2%€517k▲ 32.7%€583k▲ 12.7%€363k▼ 37.8%
Operating result€94k-€63k▼ 33.1%€208k▲ 231%€91k▼ 56.4%€25k▼ 72.9%
Net result€70k-€45k▼ 35.5%€148k▲ 227%€67k▼ 55.1%€19k▼ 71.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 73% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €655k
Fixed assets
€144k ▼ 16.7%
Current assets
€511k ▲ 3.9%
Equity and liabilities €655k
Equity
€363k ▼ 37.8%
Debt
€292k ▲ 258%
Debt's share of the balance-sheet total rises from 12.3% to 44.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€55k▼
2024 · €112k
Cash flow
€49k▼
2024 · €88k
Current ratio
1.75▼
2024 · 6.19
Quick ratio
1.44▼
2024 · 5.10
Debt to equity
0.81▲
2024 · 0.14
ROE
5.2%▼
2024 · 11.4%
ROA
2.9%▼
2024 · 10.0%
Interest coverage
459.94▼
2024 · 711.72
Debt ≤ 1 year
€292k▲
2024 · €79k
Income taxes
€8k▼
2024 · €25k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€665k€655k▼
Fixed assets21/28€173k€144k▼
Tangible fixed assets22/27€173k€144k▼
Land and buildings22€23k€22k▼
Plant, machinery and equipment23€9k€12k▲
Furniture and vehicles24€26k€16k▼
Other tangible fixed assets26€114k€94k▼
Current assets29/58€492k€511k▲
Stocks and contracts in progress3€87k€90k▲
Stocks30/36€87k€90k▲
Amounts receivable within one year40/41€37k€89k▲
Trade receivables40€32k€61k▲
Other amounts receivable41€5k€28k▲
Cash at bank and in hand54/58€360k€324k▼
Deferred charges and accrued income490/1€8k€8k▲
Equity and liabilities
Total equity and liabilities10/49€665k€655k▼
Equity10/15€583k€363k▼
Contributions10/11€15k€15k=
Reserves13€454k€234k▼
Distributable reserves133€454k€234k▼
Profit (loss) carried forward14€114k€114k=
Amounts payable17/49€82k€292k▲
Amounts payable within one year42/48€79k€292k▲
Trade debts44€18k€19k▲
Suppliers440/4€18k€19k▲
Taxes, remuneration and social security45€44k€18k▼
Taxes450/3€44k€18k▼
Other amounts payable47/48€18k€255k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€30k▲
Other operating charges640/8€6k€20k▲
Gross operating margin9900€119k€74k▼
Operating profit (loss)9901€91k€25k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€158€120▼
Recurring financial charges65€158€120▼
Profit (loss) for the period before taxes9903€92k€27k▼
Income taxes67/77€25k€8k▼
Profit (loss) for the period9904€67k€19k▼
Profit (loss) for the period to be appropriated9905€67k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€182k€133k▼
Profit (loss) brought forward from the previous period14P€115k€114k▼
Transfer from equity791/2-€239k
Transfer to equity691/2€67k€19k▼
To other reserves6921€67k€19k▼
Profit to be distributed694/7€859€239k▲
Return on contributions (dividend)694€859€239k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €19k ▼71.6%
Net result drops to €19k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €148k ▲227%
Operating result €208k, net result €148k, both a record.
31-12
Financial
Equity above €500kEq €517k ▲32.7%
6 profitable years in a row build equity to €517k.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 26.67
Current ratio from 12.11 to 26.67; short-term debt falls from €28k to €12k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Soignies · 2 establishment units since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin du Long Bois 47060 SoigniesGround area
3,874 m²
Building footprint
289 m²
Volume, LiDAR
1,916 m³
2 parcels, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Ma.S.S.
since 20042.137.303.245
Ma.S.S.
since 20222.393.400.269
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55018A0114/00G000 | Wallonia | 2,551 m² | 1 · 130 m² | 8.1 m · 2 fl. |
| 55040C0089/00G003 | Wallonia | 1,323 m² | 1 · 159 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MEURANT MERBES AUTO
BE 0840.663.861
Merbes-le-Château · Eq €357k
JS PRODUCTS
BE 0892.796.710
Gembloux · Eq €382k
GKCORP
BE 0546.923.117
Lasne · Eq €338k
Contramatt
BE 0786.822.824
Lochristi · Eq €336k
DVS-HOLLAIN
BE 0653.887.193
Brunehaut · Eq €394k
Of 345 companies in sector 47812 we hold annual accounts for 205. 142 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2004
Fiscal year end31-12
Abbreviation FR
Ma.S.S.
Activities, NACEBEL 2025
47812Retail trade
70200Business and other management consultancy
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.