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MASALETO

Active
Public limited companyfounded 2002active for 24 yearsRue Champ Falnuée(CO) 44, 6180 Courcelles, BelgiumKBO/BCE: BE 0478.055.788
Summary

MASALETO has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,841) and a net result of -€5,178. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 11% of 1,307 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 23-07-2002 Normal situation
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311and 6 others
Establishment units
2.099.150.670 6040 Charleroi, since 29-07-2002
2.329.652.265 6180 Courcelles, since 01-03-2022
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Gross margin
€6,316
▼ 89.8%
Turnover
≈ €65,000
estimated
Loss
€5,178
Equity
-€1,841
Total assets
€84,716
▼ 7.3%
Staff
≈ 0 FTE
estimated
  • Negative equity on 31-12-2025
  • 2025 accounts filed 19 days after the deadline
Filed on 19-08-2026
Score breakdownraises riskCapped at 59: negative equityNegative equity -€1,841Loss of €5,178 (financial year 2025)lowers riskSize: total assets €84,716Founded in 2002Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 11% of micro companies in repair of computers and personal goods (NACE 95)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 23-6
equity -2.2% of total assets
Liquidity 5+3
short-term debt 102.2% · cash 4.3%
Profitability 22-59
return on assets -6.1%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,128 companies, NACE 95, micro)
Last 24 months 12-2024: 3.1% 01-2025: 3.1%● unchanged vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 3.1%● unchanged vs 03-2025 05-2025: 3.2%▲ +0.1 percentage points vs 04-2025 06-2025: 3.1%▼ -0.1 percentage points vs 05-2025 07-2025: 3.4%▲ +0.3 percentage points vs 06-2025 08-2025: 4.0%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 1.1%▼ -2.9 percentage points vs 08-2025 10-2025: 0.5%▼ -0.6 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026lowest value 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.6 percentage points vs 07-2026 09-2026: 1.0%▼ -0.1 percentage points vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.98 (1.04 in 2024), below 1. Short-term debt is 102.2% and cash 4.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 16% of them on solvency, 5% on liquidity, 18% on profitability and 3% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €84,716
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€1,841
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €5,178 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1,841
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
19 days late
2024
25 days late
2023
27 days late
2022
29 days late
2021
28 days late
2020
91 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€1,841 View
  • Caution: Less equity than 89% of companies in repair of computers and personal goodssector median €271,515 · 1,308 companies -€1,841 View

Recent changes

  1. · Gazette deed Appointment: Sciarrabba Mathéo (director)
  2. · Gazette deed Company renamed from AUTOS SELECTION to MASALETORegistered office moved to Courcelles · Reappointments: SCIARRABBA Tommaso (director) and JANSSENS Sabine (director)
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as MASALETO: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €72,900 and €94,900, founded between 1994 and 2005.

CompanyTotal assetsGross margin
MASALETO Courcelles€84,716€6,316
GARAGE LATRECH Schaarbeek€94,890€7,021
GARAGE MVS Jette€78,730€5,812
GARAGE GILLE Vilvoorde€85,443€8,542
AV MOTORSPORT Rixensart€72,893€8,330
CARROSSERIE VAN OVERSTEYNS Lubbeek€94,928€4,581
DINOSPORT Ans€80,138€7,735
Full comparison

Key facts about MASALETO

What is the company number of MASALETO?
The company number of MASALETO is 0478.055.788. The VAT number is the same number with BE in front: BE 0478.055.788.
Where is MASALETO based?
The registered office is at Rue Champ Falnuée(CO) 44, 6180 Courcelles.Company details
What does MASALETO do?
According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of MASALETO?
The legal form of MASALETO is Public limited company (NV).
When was MASALETO founded?
MASALETO was founded on 23-07-2002.
Is MASALETO still active?
Yes, MASALETO is an active enterprise in the KBO register.
How many employees does MASALETO have?
MASALETO had an average of 2 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of MASALETO?
The turnover in financial year 2025 is ≈ €65,000. This figure is estimated from the gross margin of €6,316 and 36 comparable companies (NACE 95311). It probably lies between €32,000 and €150,000. It is a rough estimate.
Is MASALETO profitable?
In financial year 2025, MASALETO made a loss of €5,178.
Where can I find the annual accounts of MASALETO?
MASALETO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MASALETO due?
MASALETO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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