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MASK

Active
Private limited companyfounded 199431 yrs activeVictor Gilsoullaan 40, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0454.148.060
Summary

The computed 12-month bankruptcy probability of MASK is 2.2% (moderate). The 2025 annual accounts show equity of €196,491 and a net result of -€3,697. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 95% of 13560 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability33▲+22
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 98.75; short-term debt: 1% and cash: 99.7% of total assets), and 1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 y
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
19202122232425
2019 to 2025 · latest year -€3,697
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 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 d early
2024
23 d early
2023
6 d early
2022
1 d early
2021
33 d early
2020
3 d early
2019
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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

History

On 3 December 1994, MASK was incorporated.1 Total assets went from EUR 524,573 in 2019 to EUR 198,501 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,697▲ 82.7%
2024 · -€21,342
Working capital
€196,491▼ 1.8%
2024 · €200,188
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,163-€3,335▼ 54.2%-€2,451▲ 26.5%-€21,177▼ 764%-€3,518▲ 83.4%
Net result-€2,304within the sector's middle half-€3,621within the sector's middle half▼ 57.2%-€2,615within the sector's middle half▲ 27.8%-€21,342below the sector's middle half▼ 716%-€3,697within the sector's middle half▲ 82.7%
Equity€227,766above the sector's middle half▼ 1.0%€224,145above the sector's middle half▼ 1.6%€221,530above the sector's middle half▼ 1.2%€200,188above the sector's middle half▼ 9.6%€196,491above the sector's middle half▼ 1.8%
Total assets€227,915within the sector's middle half▼ 3.8%€224,456within the sector's middle half▼ 1.5%€221,840within the sector's middle half▼ 1.2%€200,988within the sector's middle half▼ 9.4%€198,501within the sector's middle half▼ 1.2%
Debt€149▼ 97.8%€311▲ 109%€311=€800▲ 158%€2,010▲ 151%
Working capital€227,766▼ 1.0%€224,145▼ 1.6%€221,530▼ 1.2%€200,188▼ 9.6%€196,491▼ 1.8%
Solvency99.9%above the sector's middle half▲ 2.8pp99.9%above the sector's middle half▼ 0.1pp99.9%above the sector's middle half=99.6%above the sector's middle half▼ 0.3pp99.0%above the sector's middle half▼ 0.6pp
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2021: -€2,163-€2,163Net result 2021: -€2,304-€2,304Operating result 2022: -€3,335-€3,335Net result 2022: -€3,621-€3,621Operating result 2023: -€2,451-€2,451Net result 2023: -€2,615-€2,615Operating result 2024: -€21,177-€21,177Net result 2024: -€21,342-€21,342Operating result 2025: -€3,518-€3,518Net result 2025: -€3,697-€3,69720212022202320242025-€30,000-€20,000-€10,000€0Operating result 2023: -€2,451-€2,450Net result 2023: -€2,615-€2,620Operating result 2024: -€21,177-€21,200Net result 2024: -€21,342-€21,300Operating result 2025: -€3,518-€3,520Net result 2025: -€3,697-€3,700202320242025
The operating result stays negative: a loss of €3,518 in 2025 against €21,177 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €198,501
Equity €196,491 ▼ 1.8%
Debt €2,010 ▲ 151%
Debt's share of the balance-sheet total rises from 0.4% to 1.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
98.75
Debt to equity
0.01▲
2024 · 0.00
ROE
-1.9%▲
2024 · -10.7%
ROA
-1.9%▲
2024 · -10.6%
Debt ≤ 1 year
€2,010▲
2024 · €800
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 12,321 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 · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€200,988€198,501▼
Current assets29/58€200,988€198,501▼
Amounts receivable within one year40/41€641€641=
Other amounts receivable41€641€641=
Cash at bank and in hand54/58€200,348€197,860▼
Equity and liabilities
Total equity and liabilities10/49€200,988€198,501▼
Equity10/15€200,188€196,491▼
Contributions10/11€18,592€18,592=
Outside capital11€18,592€18,592=
Other1109/19€18,592€18,592=
Reserves13€1,859€1,859=
Distributable reserves133€1,859€1,859=
Profit (loss) carried forward14€179,737€176,040▼
Amounts payable17/49€800€2,010▲
Amounts payable within one year42/48€800€2,010▲
Trade debts44€800€2,010▲
Suppliers440/4€800€2,010▲
Income statement Code20242025
Other operating charges640/8€64€210▲
Gross operating margin9900-€21,114-€3,308▲
Operating profit (loss)9901-€21,177-€3,518▲
Financial charges65/66B€164€179▲
Recurring financial charges65€164€179▲
Profit (loss) for the period before taxes9903-€21,342-€3,697▲
Profit (loss) for the period9904-€21,342-€3,697▲
Profit (loss) for the period to be appropriated9905-€21,342-€3,697▲
Appropriation of the result
Profit (loss) to be appropriated9906€179,737€176,040▼
Profit (loss) brought forward from the previous period14P€201,079€179,737▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€1,289€64€64€210▲ 229%
Gross operating margin9900-€1,957-€2,046-€2,387-€21,114-€3,308▲ 84.3%
Operating profit (loss)9901-€2,163-€3,335-€2,451-€21,177-€3,518▲ 83.4%
Financial charges65/66B-€287€164€164€179▲ 9.1%
Recurring financial charges65€141€287€164€164€179▲ 9.1%
Profit (loss) for the period before taxes9903-€2,304-€3,621-€2,615-€21,342-€3,697▲ 82.7%
Profit (loss) for the period9904-€2,304-€3,621-€2,615-€21,342-€3,697▲ 82.7%
Profit (loss) for the period to be appropriated9905-€2,304-€3,621-€2,615-€21,342-€3,697▲ 82.7%
Line20212022202320242025Change
Assets
Total assets20/58€227,915€224,456€221,840€200,988€198,501▼ 1.2%
Current assets29/58€227,915€224,456€221,840€200,988€198,501▼ 1.2%
Amounts receivable within one year40/41€468€467€467€641€641=
Other amounts receivable41-€467€467€641€641=
Cash at bank and in hand54/58€227,447€223,988€221,373€200,348€197,860▼ 1.2%
Equity and liabilities
Total equity and liabilities10/49€227,915€224,456€221,840€200,988€198,501▼ 1.2%
Equity10/15€227,766€224,145€221,530€200,188€196,491▼ 1.8%
Contributions10/11-€18,592€18,592€18,592€18,592=
Outside capital11---€18,592€18,592=
Other1109/19---€18,592€18,592=
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1-€1,859€1,859---
Reserves not available under the articles1311-€1,859€1,859---
Distributable reserves133---€1,859€1,859=
Profit (loss) carried forward14€207,315€203,694€201,079€179,737€176,040▼ 2.1%
Amounts payable17/49€149€311€311€800€2,010▲ 151%
Amounts payable within one year42/48€149€311€311€800€2,010▲ 151%
Trade debts44---€800€2,010▲ 151%
Suppliers440/4---€800€2,010▲ 151%
Other amounts payable47/48-€311€311---
Line20212022202320242025Change
Profit (loss) for the period9904-€2,304-€3,621-€2,615-€21,342-€3,697▲ 82.7%
Operating cash flow (approximation)-€2,304-€3,621-€2,615-€21,342-€3,697▲ 82.7%
Change in cash--€3,459-€2,615-€21,026-€2,487▲ 88.2%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
26-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
08-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Weakest financial yearnet -€21,342
Net result drops to -€21,342, the lowest in the series; recovery starts the following year.
25-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
29-12
NBB filing Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial Liquidity times 44current ratio 1532.72
Current ratio from 34.45 to 1532.72; short-term debt falls from €6,877 to €149.
28-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial Liquidity times 20current ratio 34.45
Current ratio from 1.73 to 34.45; short-term debt falls from €302,978 to €6,877.
15-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
10-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
28-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.

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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, Sint-Lambrechts-Woluwe · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
139 m²
Building footprint
82 m²
Volume, LiDAR
855 m³
Parcel 21673D0117/00K019, Brussels · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
LE KET DE LA TARTINE
Victor Gilsoullaan 40, 1200 Sint-Lambrechts-WoluweNACE 5530203
since 19952.070.176.473
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21673D0117/00K019 Brussels 139 m² 1 · 82 m² 14.6 m · 4 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 21,859 companies in sector 56112 we hold annual accounts for 9,782. 6,732 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
Founded03-12-1994
Fiscal year end30-06
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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