MASS Residential Development

Active

Private limited companyfounded 2021active for 4 yearsZandvlietse Dorpstraat 99, 2040 Antwerpen, BelgiumKBO/BCE: BE 0778.563.867

Summary

The computed 12-month bankruptcy probability of MASS Residential Development is 7.5% (elevated). The 2022 annual accounts show equity of €10,122 and a net result of -€9,878. Its solvency ranks better than 6% of 6,922 sector peers (NACE 43, financial year 2022). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

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MASS Residential DevelopmentActive

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Activity

Plastering work

NACE 43310

1 site

Size

€597,463total assets 2022

Equity: €10,122
Loss: -€9,878

Turnover not published (abbreviated format)

Financial health

Bankruptcy probabilitywithin 12 months: 7.5%

2022 figures too old to score

Structure

Largest shareholder: RDH Investment Partners · 40%

Accounts filed 31 days late0 of 1 deed read

Signalsraises risk3 financial years not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 lateFigures for financial year 2022 (filed 04-09-2023)No filing in 24 months (latest 04-09-2023)lowers riskSize: total assets €597,463neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: Elevated

Financial strength, FY 2022

Weak

Solvency 27

equity 1.7% of total assets

Liquidity 12

short-term debt 72.9% · cash 1.4%

Profitability 23

return on assets -1.7%

Bankruptcy probability, 12 months

7.5% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,532 companies, NACE 43, micro)

Last 24 months 11-2024: 3.7%lowest value 12-2024: 4.3%▲ +0.6 percentage points vs 11-2024 01-2025: 6.3%▲ +2.0 percentage points vs 12-2024 02-2025: 6.3%● unchanged vs 01-2025 03-2025: 6.5%▲ +0.2 percentage points vs 02-2025 04-2025: 5.9%▼ -0.6 percentage points vs 03-2025 05-2025: 5.9%● unchanged vs 04-2025 06-2025: 5.8%▼ -0.1 percentage points vs 05-2025 07-2025: 5.8%● unchanged vs 06-2025 08-2025: 6.9%▲ +1.1 percentage points vs 07-2025 09-2025: 6.9%● unchanged vs 08-2025 10-2025: 8.0%▲ +1.1 percentage points vs 09-2025highest value 11-2025: 8.0%● unchanged vs 10-2025highest value 12-2025: 8.0%● unchanged vs 11-2025 01-2026: 8.0%● unchanged vs 12-2025 02-2026: 8.0%● unchanged vs 01-2026 03-2026: 8.0%● unchanged vs 02-2026 04-2026: 8.0%● unchanged vs 03-2026 05-2026: 8.0%● unchanged vs 04-2026 06-2026: 8.0%● unchanged vs 05-2026 07-2026: 8.0%● unchanged vs 06-2026 08-2026: 7.5%▼ -0.5 percentage points vs 07-2026 09-2026: 7.5%● unchanged vs 08-2026 10-2026: 7.5%● unchanged vs 09-2026

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Signals

Five signals.

−lowers risk+raises risk○neutral

3 financial years not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 late

NBB · filings

Figures for financial year 2022 (filed 04-09-2023)

NBB · annual accounts

Size: total assets €597,463

The company's size counts in the probability; how much depends on the rest of its profile.

NBB · annual accounts

No filing in 24 months (latest 04-09-2023)

NBB · filings

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2022

31 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 31 days after the deadline; the sector median (NACE 43) for financial year 2022 is 1 day before the deadline, and 46% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-08-2023 Annual accounts filedfinancial year 2022 · abbreviated…

Key points

Caution: Among the weakest 6% on solvencysector median 40.2% · 6,922 companies 1.7% View
Active since 2021founded 13-12-2021 4 years View
Total assets 2022first financial year filed €597,463 View