Skip to content

MASHA IMMO

Active
Private limited companyfounded 20224 yrs activeChemin de Bénasse, Dochamps 1, 6960 Manhay, BelgiumKBO/BCE: BE 0788.652.362
Summary

The computed 12-month bankruptcy probability of MASHA IMMO is 5.0% (elevated). The 2025 annual accounts show equity of €70,683 and a net result of -€8,065. Equity is shrinking by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 31% of 16759 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
MASHA IMMOActiveChecked score 36/100
Risk analysis ReportCompare

Overview

Activity
Buying and selling of own real estate
NACE 68110NACE 68100
Size
€810,661total assets 2025
Equity
€70,683
Loss
-€8,065
Turnover not published (abridged schema)
Financial health
36 Weak Checked score 2025
Bankruptcy chance 12 m
5.0%
Structure
Accounts filed 25 d late0 of 3 deeds read
Why 36- 2 changes of registered office in 24 months- No establishment unit in the KBO+ Sector Real estate activities (NACE 68)+ Size: total assets €810,661Show the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 23% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 34+3
equity 8.7% of total assets
Liquidity 6=
short-term debt 83.1% · cash 1.2%
Profitability 29+12
return on assets -1.0%
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,529 companies)
Last 24 months 11-2024: 5.0% 12-2024: 5.0%● 0.0% vs 11-2024 01-2025: 5.0%● 0.0% vs 12-2024 02-2025: 5.0%● 0.0% vs 01-2025 03-2025: 5.0%● 0.0% vs 02-2025 04-2025: 4.9%▼ -1.9% vs 03-2025 05-2025: 4.7%▼ -4.9% vs 04-2025 06-2025: 4.6%▼ -1.3% vs 05-2025 07-2025: 4.4%▼ -4.0% vs 06-2025 08-2025: 5.5%▲ +25.5% vs 07-2025 09-2025: 3.6%▼ -35.1% vs 08-2025lowest value 10-2025: 8.1%▲ +124% vs 09-2025 11-2025: 8.1%● 0.0% vs 10-2025 12-2025: 8.0%▼ -0.9% vs 11-2025 01-2026: 8.0%● 0.0% vs 12-2025 02-2026: 8.0%● 0.0% vs 01-2026 03-2026: 7.7%▼ -3.5% vs 02-2026 04-2026: 7.6%▼ -1.7% vs 03-2026 05-2026: 7.7%▲ +1.1% vs 04-2026 06-2026: 7.6%▼ -1.0% vs 05-2026 07-2026: 7.5%▼ -1.8% vs 06-2026 08-2026: 9.3%▲ +24.1% vs 07-2026highest value 09-2026: 5.0%▼ -45.8% vs 08-2026 10-2026: 5.0%● 0.0% vs 09-2026
  • 2 changes of registered office in 24 months raises the probability
  • Sector Real estate activities (NACE 68) lowers the probability
  • No establishment unit in the KBO raises the probability
  • Size: total assets €810,661 lowers the probability for this profile
Credit up to €2,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.16 against 0.75 in 2024; short-term debt: 83.1% and cash: 1.2% of total assets), and 91.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 29%, liquidity 8%, profitability 25%, growth against the median 28%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · No establishment unit in the KBO
In the bankruptcy model this factor raises the probability.
KBO · seat and establishments
lowers risk · Size: total assets €810,661
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
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 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€8,065
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days 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 · 4 filings
Deviation from the deadline
2025
25 d late
2024
28 d late
2023
57 d late
2022
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€24,815

Key points

  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€8,065 View
  • Total assets 20254 fiscal years filed €810,661 View
  • Active since 2022founded 15-07-2022 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€810,661
Loss
-€8,065
Solvency
8.7%
Total assets▼ 37.7%
Net result
20222025
Go to Financials

Timeline

Events
7
Since
2023
Next accounts
by 31-07-2027
  1. 25-08-2026Annual accounts filed
  2. 28-08-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Legal form
Private limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
15-07-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

We would like to set cookies. That happens only with your consent. What we measure