Equity
€5,276 from €153,953 in 2022
Equity fell by 97% in 3 years.
MASGEST
Lifetime
6 annual accounts with figures on one time axispeak €188,325 (2025)
€188,325▲ 21.7%
peak €127,075 (2025)
€127,075▲ 18.3%
peak €153,953 (2022)
€5,276▼ 95.3%
€165,900▲ 128%
Board1 name since 2019
1 director
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €154,685 to €188,325Dividend €235,000Equity from €113,201 to €5,276Debts from €72,770 to €165,900
Key points
from the 2025 annual accountsTurnover
≈ €320,000 estimated
The micro format states no turnover.
Debts
€165,900 97% of the balance sheet
Suppliers 13%Taxes and wages 5%Other 81%
Liquidity
0.93 was 2.29 in 2024
Short-term debts rose from €72,770 to €165,900.
Filings
6 annual accounts 1 late
The 2023 accounts came 3 days late. The other five were filed on time.
Position in the sector
3.1%
Lower solvency than 89% of companies in head offices and management consultancy. Sector median 55.5% · 39,376 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as MASGEST has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,448 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 2,153 companies, not a prediction for MASGEST. 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.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0735409557
Incorporation
Founder: (comparant) · 100 shares · Appointment: (director) · published on 02-10-2019 · Gazette deed
First establishment
Rue Haute Claire 20, Herstal
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MASGEST Herstal | €171,176 | €188,325 | 3.1% | - |
| VLM GESTION Liège | €171,654 | €176,967 | 1.5% | - |
| Big.Up Visé | €177,492 | €174,300 | 4.2% | - |
| FREYR MANAGEMENT Liège | €188,871 | €174,522 | 5.3% | - |
| PHIC Sprimont | €201,029 | €175,391 | 2.0% | - |
| ELNIZ Seraing | €164,020 | €159,165 | 2.8% | - |
| Biotech Management & Consulting Juprelle | €147,789 | €158,505 | 6.8% | - |
These companies have the same main activity as MASGEST: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €148,000 and €201,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 30-09-2019Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.297.264.5594041 Herstal, since 30-09-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Annual accounts 2025
- €171,176▼ 8.0%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on MASGEST
MASGEST files the micro format. That format states no turnover. The gross margin rose from €71,400 in 2020 to €188,325 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 MASGEST
- What is the company number of MASGEST?
- The company number of MASGEST is 0735.409.557. The VAT number is the same number with BE in front: BE 0735.409.557.
- Where is MASGEST based?
- The registered office is at Rue Haute Claire 20, 4041 Herstal.Company details
- What does MASGEST do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of MASGEST?
- MASGEST is a private limited company (BV).
- When was MASGEST founded?
- MASGEST was founded on 30-09-2019.
- Is MASGEST still active?
- Yes, MASGEST is an active enterprise in the KBO register.
- What is the turnover of MASGEST?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €188,325 and 109 comparable companies (NACE 70200). It probably lies between €270,000 and €380,000.Financials
- Is MASGEST profitable?
- In financial year 2025, MASGEST made a profit of €127,075.
- Where can I find the annual accounts of MASGEST?
- MASGEST filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MASGEST due?
- MASGEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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