MASAMO
ActiveMASAMO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.97M and a net result of €-26k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 95% of 1721 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy▼ -24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-22
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €420k at 30 days acceptable
Liquidity ample (current ratio 18.47 against 4.84 in 2024), and 1.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.6%
Return on assets
-0.4%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
20 d early
2023
1 d early
2022
14 d early
2021
11 d early
2020
1 d early
2019
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.97M▼ 0.4%
2024 · €6.00M
2018: €5.74M
2019: €5.86M
2020: €5.89M
2021: €6.24M
2022: €5.67M
2023: €5.74M
2024: €6.00M
2018 → 2025
Total assets
€6.06M▼ 4.7%
2024 · €6.36M
2018: €5.77M
2019: €5.90M
2020: €5.96M
2021: €6.37M
2022: €6.43M
2023: €6.23M
2024: €6.36M
2018 → 2025
Net result
€-26k
2024 · €265k
2018: €10k
2019: €113k
2020: €138k
2021: €350k
2022: €529k
2023: €62k
2024: €265k
2018 → 2025
Working capital
€1.46M▲ 7.5%
2024 · €1.36M
2018: €1.00M
2019: €1.07M
2020: €1.04M
2021: €1.46M
2022: €923k
2023: €1.09M
2024: €1.36M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6.24M-€5.67M▼ 9.1%€5.74M▲ 1.1%€6.00M▲ 4.6%€5.97M▼ 0.4%
Operating result€511k-€798k▲ 56.2%€84k▼ 89.5%€-61k€-82k▼ 34.3%
Net result€350k-€529k▲ 51.0%€62k▼ 88.3%€265k▲ 329%€-26k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €82k in 2025 against €61k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.06M
Fixed assets
€4.51M▼ 2.8%
Current assets
€1.54M▼ 9.8%
Equity and liabilities €6.06M
Equity
€5.97M▼ 0.4%
Debt
€84k▼ 76.5%
The debt ratio falls from 5.6% to 1.4%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€68k▼
2024 · €77k
Cash flow
€124k▼
2024 · €403k
Solvency
98.6%▲
2024 · 94.4%
Current ratio
18.47▲
2024 · 4.84
Quick ratio
18.32▲
2024 · 4.80
Debt / equity
0.01▼
2024 · 0.06
ROE
-0.4%▼
2024 · 4.4%
ROA
-0.4%▼
2024 · 4.2%
Interest coverage
207.84▼
2024 · 348.64
Debt
€84k▼
2024 · €355k
Debt ≤ 1 year
€84k▼
2024 · €354k
Income taxes
€474▼
2024 · €29k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.36M€6.06M▼
Fixed assets21/28€4.65M€4.51M▼
Tangible fixed assets22/27€3.15M€3.02M▼
Land and buildings22€2.99M€2.91M▼
Plant, machinery and equipment23€46k€37k▼
Furniture and vehicles24€115k€75k▼
Financial fixed assets28€1.49M€1.49M=
Current assets29/58€1.71M€1.54M▼
Amounts receivable after more than one year29€98k€88k▼
Other amounts receivable291€98k€88k▼
Stocks and contracts in progress3€13k€13k=
Stocks30/36€13k€13k=
Amounts receivable within one year40/41€390k€396k▲
Trade receivables40€28k€22k▼
Other amounts receivable41€363k€374k▲
Cash at bank and in hand54/58€1.20M€998k▼
Deferred charges and accrued income490/1€7k€47k▲
Equity and liabilities
Total equity and liabilities10/49€6.36M€6.06M▼
Equity10/15€6.00M€5.97M▼
Contributions10/11€3.34M€3.34M=
Reserves13€2.66M€2.63M▼
Distributable reserves133€2.66M€2.63M▼
Amounts payable17/49€355k€84k▼
Amounts payable within one year42/48€354k€84k▼
Trade debts44€32k€19k▼
Suppliers440/4€32k€19k▼
Taxes, remuneration and social security45€23k€10k▼
Taxes450/3€23k€10k▼
Other amounts payable47/48€299k€55k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€139k€150k▲
Other operating charges640/8€14k€13k▼
Gross operating margin9900€92k€81k▼
Operating profit (loss)9901€-61k€-82k▼
Financial income75/76B€355k€57k▼
Recurring financial income75€355k€57k▼
Financial charges65/66B€222€326▲
Recurring financial charges65€222€326▲
Profit (loss) for the period before taxes9903€293k€-26k▼
Income taxes67/77€29k€474▼
Profit (loss) for the period9904€265k€-26k▼
Profit (loss) for the period to be appropriated9905€265k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€265k€-26k▼
Transfer from equity791/2-€26k
Transfer to equity691/2€265k-
To other reserves6921€265k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-26k ▼110%
Net result drops to €-26k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 18.47
Current ratio from 4.84 to 18.47; short-term debt falls from €354k to €84k.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €529k ▲51%
Operating result €798k, net result €529k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Wuustwezel · 1 establishment unit since 1994
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.
Huisheuvelstraat 512990 WuustwezelGround area
1.1 ha
Building footprint
609 m²
Volume, LiDAR
198 m³
Parcel 11053C0193/00D000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MASAMO
since 19942.065.024.684
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11053C0193/00D000 | Flanders | 1.1 ha | 1 · 609 m² | 8.5 m · 1 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 20,586 companies in sector 01500 we hold annual accounts for 1,144. 362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-1993
Fiscal year end31-12
Activities, NACEBEL
01500Mixed farming
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.