MASAL GROUP
The computed 12-month bankruptcy probability of MASAL GROUP is 3.5% (moderate). The 2023 annual accounts show equity of €122k and a net result of €121k. Its solvency ranks better than 71% of 5706 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €122k |
| Net result | €121k |
| Better than sector | 71% |
| Active | 3 yrs |
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 →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.1% | 20.1% | |
| Net result | €121k | €3k | |
| Equity | €122k | €15k | |
| Gross operating margin | €312k | €23k | |
| Staff costs | €143k | €33k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €166k |
| Net profit | €121k |
| Cash flow | €130k |
| Staff costs | €143k |
| Income taxes | €36k |
| Dividends | - |
| Total assets | €282k |
| Equity | €122k |
| Debt | €161k |
| of which ≤ 1y | €161k |
| of which > 1y | - |
| Working capital | €60k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 1.37 |
| Quick ratio | 1.37 |
| Working capital ratio | 21.2% |
| Solvency | 43.1% |
| Debt / equity | 1.32 |
| Long-term debt ratio | - |
| Interest coverage | 1316.78 |
| Gross margin | - |
| Net margin | - |
| ROA | 42.7% |
| ROE | 99.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €282k |
| Fixed assets | 21/28 | €62k |
| Tangible fixed assets | 22/27 | €62k |
| Financial fixed assets | 28 | €200 |
| Current assets | 29/58 | €220k |
| Amounts receivable within one year | 40/41 | €217k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €282k |
| Equity | 10/15 | €122k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €121k |
| Amounts payable | 17/49 | €161k |
| Amounts payable within one year | 42/48 | €161k |
| Trade debts payable within one year | 44 | €86k |
| Income statement | ||
| Gross operating margin | 9900 | €312k |
| Operating result | 9901 | €157k |
| Financial charges | 65 | €126 |
| Result before taxes | 9903 | €157k |
| Income taxes | 67/77 | €36k |
| Net result for the period | 9904 | €121k |
| Result to be appropriated | 9905 | €121k |
-
Current09-05-2025 → present
Former directors (3)
-
Former01-03-2025 → 09-05-2025
2 events
- 09-05-2025 Resigned· Director
- 01-03-2025 Appointed· Director
-
Former- → 09-05-2025
-
Former15-04-2024 → 10-02-2025
2 events
- 10-02-2025 Resigned· Director
- 15-04-2024 Appointed· Director
| NACE primary | Retail trade(47770) |
| Legal form | Private limited company(610) |
| Incorporation | 22-09-2022 |
| Status | Active |
| Postal code | 1831 |
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. |
|---|---|---|---|---|
| 23015C0111/00W000 | Flanders | 649 m² | 1 · 329 m² | - |
| 21813D0523/00S017 | Brussels | 301 m² | 1 · 297 m² | 12.9 m · 1 fl. |
| 21815D0206/00Y004 | Brussels | 63 m² | 1 · 62 m² | 15.4 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-12-2025 1 director appointed, 2 resigning
- Rumen Angelov Hristov, Bestuurder
- Ananieva SVETLA, Bestuurder
- Ananiev Dimitar, Bestuurder
Technical details
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},
"effective_date": "2025-05-09",
"evidence_quote": "De gewone algemene vergadering heeft de benoeming van de heer Rumen Angelov Hristov tot bestuurder goedgekeurd"
},
{
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"evidence_quote": "De enige bestuurder besluit om de bestuurders die hun functie hebben neergelegd voor de p\u00E9riode van hun mandaat tijdens het afgelopen boekjaar volledige d\u00E9charg\u00E9 te verlenen.",
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"evidence_quote": "De enige bestuurder besluit om de bestuurders die hun functie hebben neergelegd voor de p\u00E9riode van hun mandaat tijdens het afgelopen boekjaar volledige d\u00E9charg\u00E9 te verlenen.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
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}01-04-2025 Ananiev Dimitar appointed as director
- Ananiev Dimitar, Bestuurder
Technical details
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"events": [
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"evidence_quote": "De vergadering besluit de benoeming als bestuurder van Ananiev Dimitar goed te keuren met ingang van maart 2025."
}
],
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}19-02-2025 Sonay Asan resigns as director
- Sonay Asan, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
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"name": "Sonay Asan",
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},
"effective_date": "2025-02-10",
"evidence_quote": "De vergadering beslist het ontslag als bestuurder van Asan Sonay te aanvaarden met ingang van 10 februar 2025."
}
],
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}24-06-2024 SONAY ASAN appointed as director
- SONAY ASAN, Bestuurder
Technical details
{
"events": [
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"kind": "director_in",
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"name": "SONAY ASAN",
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},
"effective_date": "2024-04-15",
"evidence_quote": "Tot nieuwe bestuurder is met ingang van 15/04/2024 Meneer SONAY ASAN benoemd."
}
],
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}
}26-09-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1831 Machelen, Oude Haachtsesteenweg 59",
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"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1980-04-25",
"name": "ANANIEVA Svetla",
"niss": null,
"address": "1070 Anderlecht, Rue Adolphe Prins 4"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1000,
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"n_shares_subscribed": 100,
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"name": "FISCO GESTI BV"
},
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],
"capital_eur": 1000,
"subject_company": {
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},
"initial_directors": [],
"incorporation_date": "2022-09-21",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MASAL GROUP |