Skip to content

MASCOT

Active
Private limited companyfounded 20232 yrs activePaul Bellefroidlaan 55, 3500 Hasselt, BelgiumKBO/BCE: BE 1003.467.176
Summary

MASCOT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36,815 and a net result of €32,715. Its solvency ranks better than 30% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes
Profitability100
Solvency59
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.75; short-term debt: 65.6% and cash: 11.2% of total assets), and 65.6% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
34.4%
Return on assets
30.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MASCOT was incorporated on 15 December 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€36,815
Total assets
€106,962
Net result
€32,715
Working capital
-€17,509

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €106,962
Fixed assets €54,324
Current assets €52,638
Equity and liabilities €106,962
Equity €36,815
Debt €70,147
Debt finances 65.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€47,555
Cash flow
€36,527
Current ratio
0.75
Debt to equity
1.91
ROE
88.9%
ROA
30.6%
Interest coverage
151.74
Debt ≤ 1 year
€70,147
Income taxes
€10,714

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€106,962
Fixed assets21/28€54,324
Tangible fixed assets22/27€54,324
Furniture and vehicles24€54,324
Current assets29/58€52,638
Amounts receivable within one year40/41€39,520
Trade receivables40€39,520
Cash at bank and in hand54/58€11,977
Deferred charges and accrued income490/1€1,141
Equity and liabilities
Total equity and liabilities10/49€106,962
Equity10/15€36,815
Contributions10/11€5,000
Reserves13€31,815
Distributable reserves133€31,815
Amounts payable17/49€70,147
Amounts payable within one year42/48€70,147
Trade debts44€830
Suppliers440/4€830
Taxes, remuneration and social security45€13,917
Taxes450/3€11,167
Remuneration and social security454/9€2,750
Other amounts payable47/48€55,400
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,812
Other operating charges640/8€321
Gross operating margin9900€47,876
Operating profit (loss)9901€43,742
Financial charges65/66B€313
Recurring financial charges65€313
Profit (loss) for the period before taxes9903€43,429
Income taxes67/77€10,714
Profit (loss) for the period9904€32,715
Profit (loss) for the period to be appropriated9905€32,715
Appropriation of the result
Profit (loss) to be appropriated9906€32,715
Transfer to equity691/2€31,815
To other reserves6921€31,815
Profit to be distributed694/7€900
Return on contributions (dividend)694€900

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,812
Other operating charges640/8€321
Gross operating margin9900€47,876
Operating profit (loss)9901€43,742
Financial charges65/66B€313
Recurring financial charges65€313
Profit (loss) for the period before taxes9903€43,429
Income taxes67/77€10,714
Profit (loss) for the period9904€32,715
Profit (loss) for the period to be appropriated9905€32,715
Line2024
Assets
Total assets20/58€106,962
Fixed assets21/28€54,324
Tangible fixed assets22/27€54,324
Furniture and vehicles24€54,324
Current assets29/58€52,638
Amounts receivable within one year40/41€39,520
Trade receivables40€39,520
Cash at bank and in hand54/58€11,977
Deferred charges and accrued income490/1€1,141
Equity and liabilities
Total equity and liabilities10/49€106,962
Equity10/15€36,815
Contributions10/11€5,000
Reserves13€31,815
Distributable reserves133€31,815
Amounts payable17/49€70,147
Amounts payable within one year42/48€70,147
Trade debts44€830
Suppliers440/4€830
Taxes, remuneration and social security45€13,917
Taxes450/3€11,167
Remuneration and social security454/9€2,750
Other amounts payable47/48€55,400
Line2024
Profit (loss) for the period9904€32,715
+ Depreciation and write-downs630€3,812
Operating cash flow (approximation)€36,527

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,545 m²
Building footprint
231 m²
Volume, LiDAR
1,548 m³
Parcel 71324E0473/00T000, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MASCOT
Paul Bellefroidlaan 55, 3500 HasseltActivities of head offices; management consultancy activities
since 20232.353.076.181
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71324E0473/00T000 Flanders 1,545 m² 1 · 230 m² 12.3 m · 2 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, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 36,096 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded15-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003467176
Also 9925:BE1003467176
Registered 24-04-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.