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MAS BXL

Active
Private limited companyfounded 20187 yrs activeFrédéric Mohrfeldstraat 3, 1090 Jette, BelgiumKBO/BCE: BE 0711.913.682

The computed 12-month bankruptcy probability of MAS BXL is 5.6% (elevated). For MAS BXL, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €47k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 24650 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability70▼-8
Solvency36▲+3
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
11.5%
Return on assets
0.6%
Age of the figures
33 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline16-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
61 d late
2022
70 d late
2021
76 d late
2020
51 d late
2019
2 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2023, micro schema

Turnover
€104k▼ 46.6%
2019 · €195k
2019: €195k
2019 → 2020
EBIT margin
-4.8%▼ 6.4pp
2019 · 1.6%
2019: 1.6%
2019 → 2020
Net result
€3k▼ 93.5%
2022 · €39k
2019: €3k 2020: €-6k 2021: €-9k 2022: €39k
2019 → 2023
Working capital
€42k▲ 3.3%
2022 · €40k
2019: €16k 2020: €9k 2021: €2k 2022: €40k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Turnover€195k-€104k▼ 46.6%
Equity€17k-€11k▼ 37.1%€5k▼ 50.5%€45k▲ 759%€47k▲ 5.7%
Operating result€3k-€-5k€-9k▼ 85.8%€40k€3k▼ 93.0%
Net result€3k-€-6k€-9k▼ 51.9%€39k€3k▼ 93.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2019: €3k€3kNet result 2019: €3k€3kOperating result 2020: €-5k€-5kNet result 2020: €-6k€-6kOperating result 2021: €-9k€-9kNet result 2021: €-9k€-9kOperating result 2022: €40k€40kNet result 2022: €39k€39kOperating result 2023: €3k€3kNet result 2023: €3k€3k20192020202120222023
The operating result falls in 2023; 2023 is 93% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €412k
Fixed assets €24k▼ 11.9%
Current assets €388k▼ 23.9%
Equity and liabilities €412k
Equity €47k▲ 5.7%
Debt €365k▼ 26.0%
The debt ratio falls from 91.7% to 88.5%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€6k
2022 · €43k
Cash flow
€6k
2022 · €42k
Solvency
11.5%
2022 · 8.3%
Current ratio
1.12
2022 · 1.09
Quick ratio
1.07
2022 · 1.04
Debt / equity
7.70
2022 · 11.00
ROE
5.4%
2022 · 87.2%
ROA
0.6%
2022 · 7.3%
Interest coverage
25.26
2022 · 244.54
Debt
€365k
2022 · €493k
Debt ≤ 1 year
€346k
2022 · €470k
Debt > 1 year
€18k
2022 · €23k
Staff costs
€7k
2022 · €11k
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 · 2023 against 2022
Balance sheet Code20222023
Assets
Total assets20/58€538k€412k
Fixed assets21/28€27k€24k
Tangible fixed assets22/27€24k€21k
Furniture and vehicles24€24k€21k
Financial fixed assets28€4k€4k=
Current assets29/58€510k€388k
Stocks and contracts in progress3€23k€17k
Stocks30/36€23k€17k
Amounts receivable within one year40/41€450k€367k
Trade receivables40€403k€355k
Other amounts receivable41€47k€12k
Cash at bank and in hand54/58€34k€4k
Deferred charges and accrued income490/1€3k€344
Equity and liabilities
Total equity and liabilities10/49€538k€412k
Equity10/15€45k€47k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€24k€27k
Amounts payable17/49€493k€365k
Amounts payable after more than one year17€23k€18k
Financial debts170/4€23k€18k
Amounts payable within one year42/48€470k€346k
Trade debts44€221k€182k
Suppliers440/4€221k€182k
Advances received on contracts in progress46€234k€162k
Taxes, remuneration and social security45€979€2k
Taxes450/3€274€274=
Remuneration and social security454/9€705€2k
Other amounts payable47/48€13k-
Income statement Code20222023
Remuneration, social security and pensions62€11k€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€434€98
Gross operating margin9900€54k€13k
Operating profit (loss)9901€40k€3k
Financial charges65/66B€175€239
Recurring financial charges65€175€239
Profit (loss) for the period before taxes9903€39k€3k
Income taxes67/77€358-
Profit (loss) for the period9904€39k€3k
Profit (loss) for the period to be appropriated9905€39k€3k
Appropriation of the result
Profit (loss) to be appropriated9906€24k€27k
Profit (loss) brought forward from the previous period14P€-15k€24k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
09-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial Back to profitnet €39k
Net result €39k after 2 loss-making years.
15-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 76 days late
2021
31-12
Financial Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
20-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
29-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-03-2024 SEN MAKONDA STÉPHANIE: Resigned as Director
31-05-2022 Mbenda Manga Dechateau: Resigned as Director
20-08-2020 Mbenda Manga Dechateau: Resigned as Director
Location & real-estate footprint
Registered office, Jette · 2 establishment units since 2018
establishment All 2 establishment units on the map
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.

Frédéric Mohrfeldstraat 31090 Jette
Ground area
3,092 m²
Building footprint
2,239 m²
Volume, LiDAR
28,521 m³
3 parcels, Brussels · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
MAS BXL
Le Lorrainstraat 110, 1080 Sint-Jans-MolenbeekWholesale trade
since 20182.281.338.149
Inaya Exotic Market
Bergense Steenweg 245, 1070 AnderlechtRetail trade
since 20212.314.288.752
3 parcels
Brussels 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21012A0130/00K006 Brussels 2,552 m² 1 · 1,862 m² 17.9 m · 4 fl.
21010B0014/00W005 Brussels 464 m² 1 · 301 m² 15.3 m · 5 fl.
21304B0378/00Z000 Brussels 76 m² 1 · 76 m² 16.3 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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 site
Anderlecht2.314.288.752
1 permission
Toelating · Detailhandel · since 21-04-2021

Similar companies · same sector, comparable size

Of 2,476 companies in sector 47279 we hold annual accounts for 948. 786 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-10-2018
Fiscal year end31-12
Activities, NACEBEL
47279Other retail sale of food
47299Retail trade
47792Retail sale of second-hand clothing
46419Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:masbxl2@gmail.com
Enterprise