MASSANT CREATION
The computed 12-month bankruptcy probability of MASSANT CREATION is 0.7% (low). The 2024 annual accounts show equity of €138k and a net result of €-30k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 114 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €138k |
| Net result | €-30k |
| Staff (FTE) | 1.4 |
| Better than sector | 34% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.1% | 30.2% | |
| Net result | €-30k | €9k | |
| Equity | €138k | €26k | |
| Gross operating margin | €118k | €32k | |
| Staff costs | €45k | €28k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €65k |
| Net profit | €-30k |
| Cash flow | €34k |
| Staff costs | €45k |
| Income taxes | €190 |
| Dividends | - |
| Total assets | €766k |
| Equity | €138k |
| Debt | €628k |
| of which ≤ 1y | €203k |
| of which > 1y | €420k |
| Working capital | €154k |
| Employees (FTE) | 1.4 |
| 2024 | |
|---|---|
| Current ratio | 1.76 |
| Quick ratio | 1.11 |
| Working capital ratio | 20.1% |
| Solvency | 18.1% |
| Debt / equity | 4.54 |
| Long-term debt ratio | 3.03 |
| Interest coverage | 2.01 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.9% |
| ROE | -21.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €766k |
| Fixed assets | 21/28 | €408k |
| Tangible fixed assets | 22/27 | €408k |
| Current assets | 29/58 | €358k |
| Stocks & contracts in progress | 3 | €131k |
| Amounts receivable within one year | 40/41 | €150k |
| Investments | 50/53 | €55k |
| Cash & bank | 54/58 | €13k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €766k |
| Equity | 10/15 | €138k |
| Contributions / capital | 10/11 | €385k |
| Accumulated profits (losses) | 14 | €-247k |
| Amounts payable | 17/49 | €628k |
| Amounts payable after one year | 17 | €420k |
| Amounts payable within one year | 42/48 | €203k |
| Trade debts payable within one year | 44 | €126k |
| Income statement | ||
| Gross operating margin | 9900 | €118k |
| Operating result | 9901 | €808 |
| Financial income | 75 | €2k |
| Financial charges | 65 | €32k |
| Result before taxes | 9903 | €-30k |
| Income taxes | 67/77 | €190 |
| Net result for the period | 9904 | €-30k |
| Result to be appropriated | 9905 | €-30k |
| NACE primary | 31001 |
| Legal form | Public limited company(014) |
| Incorporation | 29-03-2007 |
| Status | Active |
| Postal code | 1402 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25099D0012/00D003 | Wallonia | 2,191 m² | 1 · 1,078 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-12-2023 Capital decrease of €100,000 to €350,000
- €450.000 → €350.000
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MASSANT CREATION |
| AbbreviationFR | MASSANT |