Marcel MASSCHELEYN
ActiveMarcel MASSCHELEYN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €7k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 3112 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-30
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 5.25 against 4.74 in 2024; short-term debt: 18% and cash: 68.4% of total assets), and 18% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
82%
Return on assets
6%
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
59 d early
2023
22 d late
2022
12 d early
2021
18 d early
2020
19 d early
2019
30 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k▼ 41.9%
2024 · €11k
2018: €988
2019: €8k
2020: €9k
2021: €8k
2022: €8k
2023: €6k
2024: €11k
2018 → 2025
Working capital
€85k▲ 8.4%
2024 · €78k
2018: €27k
2019: €36k
2020: €45k
2021: €52k
2022: €60k
2023: €67k
2024: €78k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€67k▲ 14.0%€73k▲ 9.5%€84k▲ 15.6%€91k▲ 7.8%
Operating result€12k-€12k▲ 7.4%€10k▼ 21.8%€17k▲ 78.6%€10k▼ 41.8%
Net result€8k-€8k▲ 3.2%€6k▼ 22.5%€11k▲ 79.2%€7k▼ 41.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €111k
Fixed assets
€6k=
Current assets
€105k▲ 5.7%
Equity and liabilities €111k
Equity
€91k▲ 7.8%
Debt
€20k▼ 4.6%
The debt ratio falls from 19.9% to 18.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
82.0%▲
2024 · 80.1%
Current ratio
5.25▲
2024 · 4.74
Quick ratio
5.25▲
2024 · 4.74
Debt / equity
0.22▼
2024 · 0.25
ROE
7.3%▼
2024 · 13.5%
ROA
6.0%▼
2024 · 10.8%
Debt
€20k▼
2024 · €21k
Debt ≤ 1 year
€20k▼
2024 · €21k
Income taxes
€3k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€105k€111k▲
Fixed assets21/28€6k€6k=
Tangible fixed assets22/27€6k€6k=
Land and buildings22€6k€6k=
Current assets29/58€99k€105k▲
Amounts receivable within one year40/41€36k€25k▼
Trade receivables40€36k€25k▼
Cash at bank and in hand54/58€60k€76k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€105k€111k▲
Equity10/15€84k€91k▲
Contributions10/11€12k€12k=
Reserves13€72k€79k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€70k€76k▲
Profit (loss) carried forward14€515€515=
Amounts payable17/49€21k€20k▼
Amounts payable within one year42/48€21k€20k▼
Trade debts44€10k€11k▲
Suppliers440/4€10k€11k▲
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€5k€5k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€154-
Other operating charges640/8€454€434▼
Gross operating margin9900€18k€11k▼
Operating profit (loss)9901€17k€10k▼
Financial charges65/66B€65€64▼
Recurring financial charges65€65€64▼
Profit (loss) for the period before taxes9903€17k€10k▼
Income taxes67/77€6k€3k▼
Profit (loss) for the period9904€11k€7k▼
Profit (loss) for the period to be appropriated9905€11k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€7k▼
Profit (loss) brought forward from the previous period14P€515€515=
Transfer to equity691/2€11k€7k▼
To other reserves6921€11k€7k▼
The notes to these accounts (5 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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €11k ▲79.2%
Operating result €17k, net result €11k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Court-Saint-Etienne · 1 establishment unit since 2007
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.
Clos Max Wéry 41490 Court-Saint-EtienneGround area
977 m²
Building footprint
245 m²
Volume, LiDAR
1,624 m³
2 parcels, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Marcel Masscheleyn
since 20072.160.698.259
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023D0379/00C000 | Wallonia | 748 m² | 1 · 161 m² | 9.0 m · 2 fl. |
| 92051A0505/00A000 | Wallonia | 229 m² | 1 · 84 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMettet2.160.698.259
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Of 5,167 companies in sector 01110 we hold annual accounts for 612. 442 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2007
Fiscal year end31-12
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.