Limited partnership · founded 2004 · active for 22 yearsNazarethstraat 6, 9840 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0865.666.008
Summary
MASD has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €30,479 and a net result of €20,913. The computed 12-month bankruptcy probability is 0.6% (low).
Signalsraises riskFigures for financial year 2019 (filed 11-09-2020)Size: 1 FTE, total assets €77,795lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Legal form: limited partnershipneutralNo filing for yearsA punctual record breaksShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2019 · tick = 2018
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency64+15
equity 39.2% of total assets
Liquidity56-23
short-term debt 33.1% · cash 16.4%
Profitability100+62
return on assets 26.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.6%Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (48,298 companies, NACE 70, micro)
Last 24 months11-2024: 0.6%highest value12-2024: 0.6%● unchanged vs 11-2024highest value01-2025: 0.6%● unchanged vs 12-2024highest value02-2025: 0.6%● unchanged vs 01-2025highest value03-2025: 0.6%● unchanged vs 02-2025highest value04-2025: 0.6%● unchanged vs 03-2025highest value05-2025: 0.6%● unchanged vs 04-2025highest value06-2025: 0.6%● unchanged vs 05-2025highest value07-2025: 0.6%● unchanged vs 06-2025highest value08-2025: 0.6%● unchanged vs 07-2025highest value09-2025: 0.6%● unchanged vs 08-2025highest value10-2025: 0.6%● unchanged vs 09-2025highest value11-2025: 0.6%● unchanged vs 10-2025highest value12-2025: 0.6%● unchanged vs 11-2025lowest value01-2026: 0.6%● unchanged vs 12-2025lowest value02-2026: 0.6%● unchanged vs 01-2026lowest value03-2026: 0.6%● unchanged vs 02-2026lowest value04-2026: 0.6%● unchanged vs 03-2026lowest value05-2026: 0.6%● unchanged vs 04-2026lowest value06-2026: 0.6%● unchanged vs 05-2026lowest value07-2026: 0.6%● unchanged vs 06-2026lowest value08-2026: 0.6%● unchanged vs 07-2026lowest value09-2026: 0.6%● unchanged vs 08-2026lowest value10-2026: 0.6%● unchanged vs 09-2026lowest value
31-12-2020 year end31-07-2021 deadline09-10-2026 today
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neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 06-09-2020, 37 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
tick = median of all Belgian filingsring = median in the sector
This company filed its 2019 accounts 37 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
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neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2019 · micro…
Annual accounts filedfinancial year 2018 · micro…
Annual accounts filedfinancial year 2017 · abbreviated…
Key points
Risk: Accounts not fileddeadline was 31-07-20211896 days lateView