Equity
€39,043 from €199,498 in 2009
Equity fell by 80% in 16 years.
MASCH
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2002peak €243,982 (2012)
€717▲ €846
lowest -€24,966 (2018)
-€7,372▲ €742
peak €199,498 (2009)
€39,043▼ 15.9%
€1,408▼ 72.0%
peak 4.7 FTE (2011)
0 FTE
Board1 name since 2001
1 directorSCHMITZ Marleen
Documentsfilings and deeds
02-12-202560 days before the deadline
2025abbreviated format
Gross margin from -€128 to €717Loss of €7,372Equity from €46,414 to €39,043Debts from €5,027 to €1,408Cash from €1,999 to €910
Key points
from the 2025 annual accountsLosses
-€93,543 in eight years
Every financial year from 2018 to 2025 closed with a loss. 2018 was the heaviest.
Turnover
≈ €3,400 estimated
The abbreviated format states no turnover.
Liquidity
5.72 was 2.42 in 2024
Short-term debts fell from €4,947 to €1,408.
Filings
24 annual accounts since 2002
The last five annual accounts were filed 55 to 66 days before the end of the period.
Position in the sector
96.5%
Higher solvency than 95% of companies in personal services. Sector median 30.8% · 1,384 companies.
Checked score
82
Excellent
Financially stronger than 46% of micro companies in personal services (NACE 96)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025highest value
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.4%▼ -0.1 percentage points vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026lowest value
08-2026: 0.4%● unchanged vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €7,372, the second in a row (financial year 2025)
Liquidity: current ratio 5.72, cash €910, halved
lowers risk
Founded in 2001
Equity €39,043 (96.5% of total assets)
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 96, micro). It does better than 93% of them on solvency, 56% on liquidity, 9% on profitability and 25% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as MASCH has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MASCH itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for MASCH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.72 (2.42 in 2024), above the usual 1.5. Short-term debt is 3.5% and cash 2.3% of total assets. 3.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€7,372
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 days early
2024
66 days early
2023
64 days early
2022
63 days early
2021
55 days early
2020
68 days early
2019
60 days early
← 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 62 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 November (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475729372
Resignation: SCHMITZ Marleen (manager)
Reappointment: SCHMITZ Marleen (director) · “Algemene detailhandel; De uitbating van eet- en drinkgelegenheden; Uitbating van restaurants en mobiele…” (deed in Dutch) · Gazette deed
First establishment
MaSch; Loveflowcoaching, Bampsstraat 20, Herk-de-Stad
Incorporation
published on 11-10-2001 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MASCH Herk-de-Stad | €40,450 | €717 | 96.5% | 0 |
| LOUIS W 49 Riemst | €49,367 | -€3,822 | 69.5% | - |
| CEREON Genk | €33,903 | €1,614 | 93.7% | - |
| i-LYNX Antwerp | €34,374 | -€1,783 | -75.9% | 0 |
| DAMAG Assesse | €31,821 | -€34,435 | -531.9% | - |
| CSW Engineering Group Olne | €34,513 | -€9,168 | -1.2% | - |
| XCELSEVEN Evere | €48,496 | -€5,758 | 89.9% | - |
These companies have the same main activity as MASCH: other personal services (NACE 96999). They are comparable in size and age: total assets between €31,800 and €49,400, founded between 1999 and 2016.
Official details
Source: KBO- Status
- Active since 28-09-2001Normal situation
- Activity
- Other personal servicesNACE 96999and 3 others
- Establishment unit
- 2.095.329.8603540 Herk-de-Stad, since 07-11-2001
- Financial year end
- 30 June
- Peppol
- Reachable since 07-12-2025
Annual accounts to 30-06-2025
- €40,450▼ 21.4%
- Filing
- Filed on 02-12-2025, 60 days before the end of the filing period
Insights on MASCH
MASCH files the abbreviated format. That format states no turnover. The gross margin fell from €109,696 in 2007 to €717 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MASCH
- What is the company number of MASCH?
- The company number of MASCH is 0475.729.372. The VAT number is the same number with BE in front: BE 0475.729.372.
- Where is MASCH based?
- The registered office is at Bampsstraat 20, 3540 Herk-de-Stad.Company details
- What does MASCH do?
- According to the KBO register, the main activity is other personal services (NACE 96999).
- What is the legal form of MASCH?
- MASCH is a private limited company (BV).
- When was MASCH founded?
- MASCH was founded on 28-09-2001.
- Is MASCH still active?
- Yes, MASCH is an active enterprise in the KBO register.
- What is the turnover of MASCH?
- The turnover in financial year 2025 is ≈ €3,400. This figure is estimated from the gross margin of €717 and 33 comparable companies (NACE 969). It probably lies between €1,600 and €8,900. It is a rough estimate.Financials
- Is MASCH profitable?
- In financial year 2025, MASCH made a loss of €7,372.
- Where can I find the annual accounts of MASCH?
- MASCH filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MASCH due?
- MASCH must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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