MAS Management
ActiveMAS Management has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55k and a net result of €-2k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 49% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
70
/ 100
Healthy▼ -21 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-78
Solvency98▲+13
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 1.64 in 2023), and 42.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
57.1%
Return on assets
-1.6%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
13 d early
2022
28 d early
2021
26 d early
2020
11 d early
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€55k▼ 2.8%
2023 · €57k
2018: €40k
2019: €66k
2020: €76k
2021: €90k
2022: €76k
2023: €57k
2018 → 2024
Total assets
€97k▼ 19.4%
2023 · €120k
2018: €70k
2019: €120k
2020: €113k
2021: €102k
2022: €111k
2023: €120k
2018 → 2024
Net result
€-2k
2023 · €9k
2018: €27k
2019: €27k
2020: €10k
2021: €15k
2022: €5k
2023: €9k
2018 → 2024
Working capital
€52k▲ 30.5%
2023 · €40k
2018: €-216
2019: €44k
2020: €61k
2021: €70k
2022: €59k
2023: €40k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€76k-€90k▲ 18.6%€76k▼ 15.7%€57k▼ 25.5%€55k▼ 2.8%
Operating result€17k-€21k▲ 20.3%€9k▼ 55.6%€15k▲ 57.4%€5k▼ 64.9%
Net result€10k-€15k▲ 54.6%€5k▼ 66.7%€9k▲ 77.6%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 65% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €97k
Fixed assets
€4k▼ 75.1%
Current assets
€92k▼ 9.9%
Equity and liabilities €97k
Equity
€55k▼ 2.8%
Debt
€41k▼ 34.3%
The debt ratio falls from 52.7% to 42.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€9k▼
2023 · €18k
Cash flow
€2k▼
2023 · €13k
Solvency
57.1%▲
2023 · 47.3%
Current ratio
2.30▲
2023 · 1.64
Quick ratio
2.30▲
2023 · 1.64
Debt / equity
0.75▼
2023 · 1.11
ROE
-2.9%▼
2023 · 15.6%
ROA
-1.6%▼
2023 · 7.4%
Interest coverage
5.08▼
2023 · 21.32
Debt
€41k▼
2023 · €63k
Debt ≤ 1 year
€40k▼
2023 · €63k
Income taxes
€5k▲
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€120k€97k▼
Fixed assets21/28€17k€4k▼
Tangible fixed assets22/27€6k€4k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€11k€160▼
Current assets29/58€103k€92k▼
Amounts receivable within one year40/41€19k€18k▼
Trade receivables40€9k€16k▲
Other amounts receivable41€10k€2k▼
Cash at bank and in hand54/58€82k€74k▼
Deferred charges and accrued income490/1€2k€200▼
Equity and liabilities
Total equity and liabilities10/49€120k€97k▼
Equity10/15€57k€55k▼
Contributions10/11€19k€19k=
Reserves13€38k€38k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€38k€38k=
Profit (loss) carried forward14€0€-2k▼
Amounts payable17/49€63k€41k▼
Amounts payable within one year42/48€63k€40k▼
Trade debts44€30k€5k▼
Suppliers440/4€30k€5k▼
Taxes, remuneration and social security45€0€4k▲
Taxes450/3€0€4k▲
Other amounts payable47/48€32k€32k▼
Accrued charges and deferred income492/3€572€1k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€2k€8k▲
Non-recurring operating charges66A-€11k
Gross operating margin9900€20k€27k▲
Operating profit (loss)9901€15k€5k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€860€2k▲
Recurring financial charges65€860€2k▲
Profit (loss) for the period before taxes9903€14k€3k▼
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€9k€-2k▼
Profit (loss) for the period to be appropriated9905€9k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-2k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€19k€0▼
Profit to be distributed694/7€28k€0▼
Return on contributions (dividend)694€28k€0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-2k ▼118%
Net result drops to €-2k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 7.34
Current ratio from 2.67 to 7.34; short-term debt falls from €37k to €11k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Eeklo · 1 establishment unit since 2017
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.
Boelare 569900 EekloGround area
566 m²
Building footprint
251 m²
Volume, LiDAR
1,762 m³
Parcel 43352E0463/00F000, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MAS Management
since 20172.265.348.985
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43352E0463/00F000 | Flanders | 566 m² | 1 · 251 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 38,459 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.