MASBE
ActiveSummary
The computed 12-month bankruptcy probability of MASBE is 1.5% (moderate). The 2025 annual accounts show negative equity (€-11k) and a net result of €-11k. Its solvency ranks better than 7% of 14128 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66; short-term debt: 150.8% and cash: 0.4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-50.8%
Return on assets
-50.8%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-08-2026, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
1 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€-11k
Total assets
€22k
Net result
€-11k
Working capital
€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Key figures and ratios
Solvency
-50.8%
Current ratio
0.66
Quick ratio
0.06
Debt to equity
-2.97
ROA
-50.8%
Debt
€33k
Debt ≤ 1 year
€33k
Filed annual accounts As filed with the NBB · 2025 · 24 lines
Balance sheet
Code2025
Assets
Total assets20/58€22k
Current assets29/58€22k
Stocks and contracts in progress3€20k
Stocks30/36€20k
Amounts receivable within one year40/41€2k
Other amounts receivable41€2k
Cash at bank and in hand54/58€95
Equity and liabilities
Total equity and liabilities10/49€22k
Equity10/15€-11k
Profit (loss) carried forward14€-11k
Amounts payable17/49€33k
Amounts payable within one year42/48€33k
Trade debts44€2k
Suppliers440/4€2k
Other amounts payable47/48€31k
Income statement
Code2025
Other operating charges640/8€898
Gross operating margin9900€-10k
Operating profit (loss)9901€-11k
Financial charges65/66B€123
Recurring financial charges65€123
Profit (loss) for the period before taxes9903€-11k
Profit (loss) for the period9904€-11k
Profit (loss) for the period to be appropriated9905€-11k
Appropriation of the result
Profit (loss) to be appropriated9906€-11k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €898 |
| Gross operating margin9900 | €-10k |
| Operating profit (loss)9901 | €-11k |
| Financial charges65/66B | €123 |
| Recurring financial charges65 | €123 |
| Profit (loss) for the period before taxes9903 | €-11k |
| Profit (loss) for the period9904 | €-11k |
| Profit (loss) for the period to be appropriated9905 | €-11k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €22k | |
| Current assets29/58 | €22k | |
| Stocks and contracts in progress3 | €20k | |
| Stocks30/36 | €20k | |
| Amounts receivable within one year40/41 | €2k | |
| Other amounts receivable41 | €2k | |
| Cash at bank and in hand54/58 | €95 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €22k | |
| Equity10/15 | €-11k | |
| Profit (loss) carried forward14 | €-11k | |
| Amounts payable17/49 | €33k | |
| Amounts payable within one year42/48 | €33k | |
| Trade debts44 | €2k | |
| Suppliers440/4 | €2k | |
| Other amounts payable47/48 | €31k | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €-11k |
| Operating cash flow (approximation) | €-11k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
01-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 1 day late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Roeselare · 1 establishment unit since 2024
Ground area
1.7 ha
Building footprint
532 m²
Volume, LiDAR
5,972 m³
Parcel 36302B1120/00P000, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MASBE
since 20242.367.070.610
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36302B1120/00P000 | Flanders | 1.7 ha | 1 · 532 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
ACCENT OFFICES
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BE 0715.601.068
Roeselare
BOSSU INVEST
BE 0448.067.546
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C-advise
BE 0648.877.936
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.