Masal
The file of Masal contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.9% (average). The 2020 annual accounts show equity of €34k and a net result of €17k.
| Equity | €34k |
| Net result | €17k |
| Active | 7 yrs |
| Locations | 2 |
Exceptional profile — strong across almost every axis.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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See plans →| Fiscal year | 2020 |
|---|---|
| Revenue | — |
| EBITDA | €13k |
| Net profit | €17k |
| Cash flow | €20k |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €62k |
| Equity | €34k |
| Debt | €27k |
| of which ≤ 1y | €27k |
| of which > 1y | — |
| Working capital | €17k |
| Employees (FTE) | — |
| 2020 | |
|---|---|
| Current ratio | 1.62 |
| Quick ratio | 1.59 |
| Working capital ratio | 27.6% |
| Solvency | 55.6% |
| Debt / equity | — |
| Long-term debt ratio | — |
| Interest coverage | — |
| Gross margin | — |
| Net margin | — |
| ROA | 27.1% |
| ROE | 48.7% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €62k |
| Fixed assets | 21/28 | €17k |
| Intangible fixed assets | 21 | €629 |
| Tangible fixed assets | 22/27 | €15k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €44k |
| Stocks & contracts in progress | 3 | €939 |
| Amounts receivable within one year | 40/41 | €37k |
| Cash & bank | 54/58 | €3k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €62k |
| Equity | 10/15 | €34k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €17k |
| Amounts payable | 17/49 | €27k |
| Amounts payable within one year | 42/48 | €27k |
| Trade debts payable within one year | 44 | €13k |
| Income statement | ||
| Gross operating margin | 9900 | €27k |
| Operating result | 9901 | €9k |
| Financial income | 75 | €196 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €7k |
| Net result for the period | 9904 | €7k |
| Result to be appropriated | 9905 | €7k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PETER VERSTRAETEN DESGUINLEI 214,
2018 ANTWERPEN 1 |
19-09-2024 → present | Belgian State Gazette |
| NACE primary | Real estate rental(68203) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 21-02-2019 |
| Status | Active |
| Postal code | 2000 |
| First BS signal | 27-09-2024 |
| Latest BS signal | 08-10-2024 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D0320/00C000 | Flanders | 142 m² | 1 · 164 m² | 17.3 m · 4 fl. |
| 11010B0113/00P000 | Flanders | 118 m² | 1 · 118 m² | 12.5 m · 3 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-01-2025 Registered office moved from Broechem to Antwerpen
- Gemeenteplein 22 te 2520 Broechem → Oude Koornmarkt 12 te 2000 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Oude Koornmarkt 12 te 2000 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Oude Koornmarkt",
"country": "BE",
"postcode": "2000",
"box_number": null,
"street_number": "12",
"locality_suffix": null
},
"old_address": {
"raw": "Gemeenteplein 22 te 2520 Broechem",
"city": "Broechem",
"region": "vlaams_gewest",
"street": "Gemeenteplein",
"country": "BE",
"postcode": "2520",
"box_number": null,
"street_number": "22",
"locality_suffix": null
},
"effective_date": "2024-08-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-01-07",
"filing_date": "2024-08-01",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-08-01",
"unanimous": true
},
"subject_company": {
"kbo": "0721.422.751",
"name_full": "MASAL",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Baris Coskun",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": []
}02-09-2022 Oruc Bayraktar resigns as director
- Oruc Bayraktar — Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Oruc Bayraktar",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2020-06-30",
"evidence_quote": "Het ontslag als bestuurder van Oruc Bayraktar en dit vananf 30 juni 2020.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-09-02",
"filing_date": "2022-08-24",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2020-06-30",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0721.422.751",
"name_full": "MASAL",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Masal |