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Complete company report
Generated 26-07-2026
Active BE 1003.484.794Private limited company

MAS SERVICES

Van Cortbeemdelei 250 ·2100 Antwerpen, Belgium· 2 yrs active
Sector: Land transport (49330)
Conclusion Checked

The computed 12-month bankruptcy probability of MAS SERVICES is 3.7% (moderate). The 2024 annual accounts show equity of €9k and a net result of €7k. Its solvency ranks better than 43% of 2245 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €9k
Net result €7k
Better than sector 43%
Active 2 yrs
Snowflake analysis 5 axes · computed by Checked
Health56Profitability92Solvency26Growth50Stability67
58 / 100

Mixed profile: strong on profitability, weaker on solvency.

Health 56
Profitability 92
Solvency 26
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
3.7% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
56 / 100 Fair
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 19-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 22.5% 27.4%
better than 43% of 2245 sector peers
Net result €7k €6k
better than 54% of 2229 sector peers
Equity €9k €17k
better than 37% of 2251 sector peers
Gross operating margin €16k €28k
better than 36% of 2218 sector peers
Staff costs €298 €36k
higher than 6% of 1014 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue€67k
EBITDA€15k
Net profit€7k
Cash flow€15k
Staff costs€298
Income taxes-
Dividends-
Total assets€40k
Equity€9k
Debt€31k
of which ≤ 1y€31k
of which > 1y-
Working capital€-7k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.77
Quick ratio0.77
Working capital ratio-18.0%
Solvency22.5%
Debt / equity3.45
Long-term debt ratio-
Interest coverage636.46
Gross margin23.9%
Net margin10.3%
ROA17.4%
ROE77.5%
EBITDA margin22.4%
Days sales outstanding2d
Days payable outstanding1d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€40k
Fixed assets 21/28€16k
Tangible fixed assets 22/27€16k
Current assets 29/58€24k
Amounts receivable within one year 40/41€408
Cash & bank 54/58€23k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€40k
Equity 10/15€9k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€7k
Amounts payable 17/49€31k
Amounts payable within one year 42/48€31k
Trade debts payable within one year 44€201
Income statement
Turnover 70€67k
Gross operating margin 9900€16k
Operating result 9901€7k
Financial charges 65€23
Result before taxes 9903€7k
Net result for the period 9904€7k
Result to be appropriated 9905€7k
Ratios computed by Checked.
Legal Structure
NACE primary Land transport(49330)
Legal form Private limited company(610)
Incorporation15-12-2023
StatusActive
Postal code2100
Establishment units 1 location
MAS SERVICES
Van Cortbeemdelei 250, 2100 AntwerpenPersonenvervoer over de weg zonder dienstregeling
since 20242.352.945.727
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11012A0125/00P008 Flanders 220 m² 1 · 130 m² 11.0 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
19-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
26-06-2025
State Gazette act Director changes
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2025
26-06-2025 1 director appointed, 1 resigning Director changes
  • Naim Khalid, Bestuurder
  • Masoud Subhi, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Masoud Subhi",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-06-30",
      "evidence_quote": "De buitengewone algemene vergadering van 05/06/2025aanvaardt het ontslag van Masoud Subhi bestuurder op 30/06/2025, die aanvaardt.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Naim Khalid",
        "address": "Van Cortbeemdelei 250/2, 2100 Antwerpen",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-07-01",
      "evidence_quote": "De buitengewone algemene vergadering van 05/06/2025aanvaardt het Benoeming van Naim Khalid,gedomicilieerd te Van Cortbeemdelei 250/2, 2100 Antwerpen, o\u0440 01/07/2025 de bestuurder, aanvaardt.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_date",
        "value": "2025-07-01"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-06-26",
    "filing_date": "2025-06-18",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2025-06-05",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "1003.484.794",
    "name_full": "MAS SERVICES",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Naim Khalid",
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Exploitatie van taxi's49320Diensten voor personenvervoer op aanvraag per voertuig met chauffeur49330
Primary activity highlighted.
Names & trade names
Legal nameNL MAS SERVICES
Registered office
Van Cortbeemdelei 250 bus 2
2100 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative