Masscom
ActiveSummary
Masscom has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €186,253 and a net result of €22,577. Its solvency ranks better than 43% of 39,137 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €186,253
- Profit
- €22,577
Why 93lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €393,334Founded in 2016Figures for financial year 2025 (filed 24-12-2025)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 44% on solvency, 43% on liquidity, 41% on profitability and 61% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 27 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 37% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 34,695 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,433 | €8,388 | ▼ 0.5% |
| Other operating charges640/8 | €1,013 | €969 | ▼ 4.3% |
| Non-recurring operating charges66A | €0 | - | - |
| Gross operating margin9900 | €38,541 | €49,298 | ▲ 27.9% |
| Operating profit (loss)9901 | €29,096 | €39,940 | ▲ 37.3% |
| Financial income75/76B | €0 | €73 | ▲ 2,442× |
| Recurring financial income75 | €0 | €73 | ▲ 2,442× |
| Financial charges65/66B | €6,985 | €6,940 | ▼ 0.6% |
| Recurring financial charges65 | €6,985 | €6,940 | ▼ 0.6% |
| Profit (loss) for the period before taxes9903 | €22,111 | €33,074 | ▲ 49.6% |
| Income taxes67/77 | €10,584 | €10,497 | ▼ 0.8% |
| Profit (loss) for the period9904 | €11,527 | €22,577 | ▲ 95.9% |
| Profit (loss) for the period to be appropriated9905 | €11,527 | €22,577 | ▲ 95.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €405,458 | €393,334 | ▼ 3.0% |
| Fixed assets21/28 | €299,089 | €292,700 | ▼ 2.1% |
| Tangible fixed assets22/27 | €299,089 | €292,700 | ▼ 2.1% |
| Land and buildings22 | €295,979 | €288,421 | ▼ 2.6% |
| Plant, machinery and equipment23 | €493 | €107 | ▼ 78.3% |
| Furniture and vehicles24 | €1,116 | €2,672 | ▲ 139% |
| Other tangible fixed assets26 | €1,500 | €1,500 | = |
| Current assets29/58 | €106,370 | €100,634 | ▼ 5.4% |
| Amounts receivable after more than one year29 | €76,000 | €0 | ▼ 100% |
| Other amounts receivable291 | €76,000 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €6,549 | €82,156 | ▲ 13× |
| Trade receivables40 | €6,549 | €177 | ▼ 97.3% |
| Other amounts receivable41 | €0 | €81,979 | - |
| Cash at bank and in hand54/58 | €23,821 | €18,478 | ▼ 22.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €405,458 | €393,334 | ▼ 3.0% |
| Equity10/15 | €163,676 | €186,253 | ▲ 13.8% |
| Contributions10/11 | €930 | €930 | = |
| Reserves13 | €162,746 | €185,323 | ▲ 13.9% |
| Distributable reserves133 | €162,746 | €185,323 | ▲ 13.9% |
| Amounts payable17/49 | €241,782 | €207,081 | ▼ 14.4% |
| Amounts payable after more than one year17 | €166,068 | €153,160 | ▼ 7.8% |
| Financial debts170/4 | €166,068 | €153,160 | ▼ 7.8% |
| Amounts payable within one year42/48 | €73,407 | €51,351 | ▼ 30.0% |
| Current portion of amounts payable after more than one year42 | €12,599 | €12,908 | ▲ 2.5% |
| Financial debts43 | - | €2,639 | - |
| Credit institutions430/8 | - | €2,639 | - |
| Trade debts44 | €10,301 | €1,179 | ▼ 88.6% |
| Suppliers440/4 | €10,301 | €1,179 | ▼ 88.6% |
| Taxes, remuneration and social security45 | €14,642 | €6,561 | ▼ 55.2% |
| Taxes450/3 | €14,642 | €6,561 | ▼ 55.2% |
| Other amounts payable47/48 | €35,864 | €28,064 | ▼ 21.7% |
| Accrued charges and deferred income492/3 | €2,307 | €2,570 | ▲ 11.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €11,527 | €22,577 | ▲ 95.9% |
| + Depreciation and write-downs630 | €8,433 | €8,388 | ▼ 0.5% |
| Operating cash flow (approximation) | €19,960 | €30,966 | ▲ 55.1% |
| Investment in fixed assets (approximation) | - | -€2,000 | - |
| Change in cash | - | -€5,343 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 17-12-2025 | 2025-00589276 |
| 30-06-2024 | micro format | 22-01-2025 | 2025-00009112 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VERMEIREN,Thomas |
|
Owners and capital
Capital and shareholders
- 22-12-2023 Capital stated in the deed · €18,600 · 186 shares
Group and network
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
04-04
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 29-02-2024
- Registered-office move, 9800 Deinze, Kempestraat 16
22-12
Gazette deed
Reappointment: VERMEIREN,Thomas (statutory director)Resignation: VERMEIREN,Thomas (manager) · Approval · Auditor report17 facts ▸
- General meeting, 19-12-2023
- Other provision, “vaststelling toepassing dwingende bepalingen WVV, commanditaire vennootschap” (deed in Dutch)
- Approval, “verslag van het bestuursorgaan, niet meer dan 3 maanden voorafgaand aan heden” (deed in Dutch)
- Auditor report, “inlichtingen,cijferanalyses,beoordelingswerkzaamheden,geringer dan controle,geen controleoordeel, omzetting commanditaire vennootschap naar besloten vennootscha…” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital, €18,600
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening”, EUR (deed in Dutch)
- Reserve release, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Registered office clause, “9800 Deinze,Leenweg 23, precieze adres van de zetel buiten de statuten laten” (deed in Dutch)
- Purpose change
- Amendment of the articles
- Capital
- +5 further facts in this act
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44004A0745/00N000 | Flanders | 2,428 m² | 1 · 297 m² | 6.2 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Aankopen en verkopen van hardware; Ontwikkelen,commercialiseren en verkopen van hardware; Aankopen en verkopen van software…” (deed in Dutch)
12 activities (deed in Dutch)
- Aankopen en verkopen van hardware
- Ontwikkelen,commercialiseren en verkopen van hardware
- Aankopen en verkopen van software
- Ontwikkelen,commercialiseren en verkopen van software
- Ontwikkelen en onderhouden van websites
- Aankopen en verkopen van roerende goederen
- Aankopen en verkopen van roerende goederen via webshops
- Adviesverlening inzake bedrijfsbeheer en bedrijfsvoering (managementactiviteiten)
- Opnemen bestuursmandaten in vennootschappen
- Optreden als holding en het aanhouden van participaties in vennootschappen
- Aankoop,verkoop,renovatie en verhuring van onroerende goederen
- Het creëren,ontwerpen,tentoonstellen en doen verkopen of verhuren van kunstwerken,dit zowel in binnen- als buitenland
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, voor zover geen wijziging van het toepasselijke taalregime” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “10, één of meer bestuurders” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, volgnummer” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of December at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie als vereffenaar(s) krachtens…” (deed in Dutch)