MASSBOUW
ActiveMASSBOUW has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €3k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 55% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-19
Solvency77▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.76 against 1.45 in 2024; short-term debt: 48% and cash: 11% of total assets), and 48% 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.
−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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52%
Return on assets
3.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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
10 d late
2024
28 d late
2023
35 d late
2022
22 d late
2021
26 d late
2020
18 d late
2019
24 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▲ 6.9%
2024 · €49k
2018: €23k
2019: €10k
2020: €30k
2021: €11k
2022: €14k
2023: €31k
2024: €49k
2018 → 2025
Total assets
€101k▲ 2.5%
2024 · €99k
2018: €62k
2019: €45k
2020: €73k
2021: €74k
2022: €59k
2023: €98k
2024: €99k
2018 → 2025
Net result
€3k▼ 81.7%
2024 · €18k
2018: €412
2019: €-13k
2020: €20k
2021: €-19k
2022: €3k
2023: €17k
2024: €18k
2018 → 2025
Working capital
€37k▲ 63.6%
2024 · €23k
2018: €1k
2019: €-6k
2020: €21k
2021: €-8k
2022: €-6k
2023: €19k
2024: €23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€14k▲ 29.8%€31k▲ 120%€49k▲ 60.1%€53k▲ 6.9%
Operating result€-18k-€4k€12k▲ 194%€23k▲ 91.0%€5k▼ 78.9%
Net result€-19k-€3k€17k▲ 422%€18k▲ 10.3%€3k▼ 81.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101k
Fixed assets
€16k▼ 40.9%
Current assets
€85k▲ 18.7%
Equity and liabilities €101k
Equity
€53k▲ 6.9%
Debt
€49k▼ 1.8%
The debt ratio falls from 50.1% to 48.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▼
2024 · €30k
Cash flow
€14k▼
2024 · €26k
Solvency
52.0%▲
2024 · 49.9%
Current ratio
1.76▲
2024 · 1.45
Quick ratio
1.76▲
2024 · 1.45
Debt / equity
0.92▼
2024 · 1.01
ROE
6.4%▼
2024 · 37.6%
ROA
3.3%▼
2024 · 18.7%
Interest coverage
45.02▼
2024 · 102.16
Debt
€49k▼
2024 · €50k
Debt ≤ 1 year
€49k▼
2024 · €50k
Income taxes
€1k▼
2024 · €4k
Staff costs
€20k▼
2024 · €20k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€99k€101k▲
Fixed assets21/28€27k€16k▼
Tangible fixed assets22/27€27k€16k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€24k€15k▼
Current assets29/58€72k€85k▲
Amounts receivable within one year40/41€66k€74k▲
Trade receivables40€64k€71k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€6k€11k▲
Deferred charges and accrued income490/1€271-
Equity and liabilities
Total equity and liabilities10/49€99k€101k▲
Equity10/15€49k€53k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€29k€32k▲
Amounts payable17/49€50k€49k▼
Amounts payable within one year42/48€50k€49k▼
Current portion of amounts payable after more than one year42€562-
Trade debts44€0€268▲
Suppliers440/4€0€268▲
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€542-
Remuneration and social security454/9€9k€7k▼
Other amounts payable47/48€40k€41k▲
Income statement
Code20242025
Remuneration, social security and pensions62€20k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€11k▲
Other operating charges640/8€600€520▼
Non-recurring operating charges66A€480€667▲
Gross operating margin9900€52k€37k▼
Operating profit (loss)9901€23k€5k▼
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€298€349▲
Recurring financial charges65€298€349▲
Profit (loss) for the period before taxes9903€22k€4k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€18k€3k▼
Profit (loss) for the period to be appropriated9905€18k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€32k▲
Profit (loss) brought forward from the previous period14P€10k€29k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet €-19k ▼196%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.86
Current ratio from 0.83 to 1.86; short-term debt falls from €34k to €24k.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
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, Wommelgem · 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.
Driemastenbaan 562160 WommelgemGround area
417 m²
Building footprint
115 m²
Volume, LiDAR
419 m³
Parcel 11052D0182/00R003, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MASSBOUW
since 20152.247.173.363
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052D0182/00R003 | Flanders | 417 m² | 1 · 115 m² | 7.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 333 EUR awarded · 333 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 333 EUR | 333 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 2,004 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.