MASS CAR
ActiveThe annual accounts of MASS CAR for fiscal year 2024 show a net loss of 50% of the equity at the start of that year. The 2024 annual accounts show equity of €4k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 15868 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability12▲+3
Solvency35▼-22
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.11 against 1.46 in 2023; short-term debt: 89.8% and cash: 25% of total assets), and 89.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
10.2%
Return on assets
-10.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d late
2023
1 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€4k▼ 50.3%
2023 · €8k
2018: €2k
2019: €1k
2020: €367
2021: €728
2022: €11k
2023: €8k
2018 → 2024
Total assets
€41k▲ 56.4%
2023 · €26k
2018: €24k
2019: €20k
2020: €18k
2021: €18k
2022: €29k
2023: €26k
2018 → 2024
Net result
€-4k▼ 39.9%
2023 · €-3k
2018: €-7k
2019: €-313
2020: €-1k
2021: €362
2022: €11k
2023: €-3k
2018 → 2024
Working capital
€4k▼ 51.4%
2023 · €8k
2018: €-3k
2019: €-2k
2020: €-988
2021: €543
2022: €11k
2023: €8k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€367-€728▲ 98.6%€11k▲ 1,452%€8k▼ 26.4%€4k▼ 50.3%
Operating result€-1k-€1k€11k▲ 890%€-3k€-4k▼ 44.2%
Net result€-1k-€362€11k▲ 2,825%€-3k€-4k▼ 39.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €3k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €41k
Fixed assets
€185=
Current assets
€40k▲ 56.8%
Equity and liabilities €41k
Equity
€4k▼ 50.3%
Debt
€37k▲ 107%
The debt ratio rises from 68.0% to 89.8%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
10.2%▼
2023 · 32.0%
Current ratio
1.11▼
2023 · 1.46
Quick ratio
0.31▼
2023 · 0.42
Debt / equity
8.84▲
2023 · 2.13
ROE
-101.1%▼
2023 · -35.9%
ROA
-10.3%▲
2023 · -11.5%
Debt
€37k▲
2023 · €18k
Debt ≤ 1 year
€37k▲
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€26k€41k▲
Fixed assets21/28€185€185=
Financial fixed assets28€185€185=
Current assets29/58€26k€40k▲
Stocks and contracts in progress3€18k€29k▲
Stocks30/36€18k€29k▲
Amounts receivable within one year40/41€1k€1k▲
Trade receivables40€1k-
Other amounts receivable41-€1k
Cash at bank and in hand54/58€6k€10k▲
Deferred charges and accrued income490/1€359-
Equity and liabilities
Total equity and liabilities10/49€26k€41k▲
Equity10/15€8k€4k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€255€-4k▼
Amounts payable17/49€18k€37k▲
Amounts payable within one year42/48€18k€37k▲
Trade debts44€522€826▲
Suppliers440/4€522€826▲
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€17k€34k▲
Income statement
Code20232024
Other operating charges640/8€384€1k▲
Gross operating margin9900€-2k€-3k▼
Operating profit (loss)9901€-3k€-4k▼
Financial charges65/66B€253€239▼
Recurring financial charges65€253€175▼
Non-recurring financial charges66B-€63
Profit (loss) for the period before taxes9903€-3k€-4k▼
Profit (loss) for the period9904€-3k€-4k▼
Profit (loss) for the period to be appropriated9905€-3k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€255€-4k▼
Profit (loss) brought forward from the previous period14P€3k€255▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €11k ▲2825%
Operating result €11k, net result €11k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €362
Net result €362 after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
07-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 99 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 66 days late
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Overijse · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brusselsesteenweg 2923090 OverijseGround area
2,398 m²
Building footprint
265 m²
Volume, LiDAR
1,412 m³
2 parcels, Flanders, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
INNO IMPORT
since 20152.242.227.155
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062B0376/02D005 | Flanders | 1,934 m² | 1 · 198 m² | 6.6 m · 1 fl. |
| 52342B0503/00Y000 | Wallonia | 464 m² | 1 · 67 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,745 companies in sector 46150 we hold annual accounts for 757. 259 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2015
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
46431Wholesale of electrical household appliances and audio-video equipment
47400Retail sale of information and communication equipment
47430Retail trade
47789Other retail sale of new goods
47890Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.