Equity
-€12,960
Debts exceed assets in financial year 2025.
Masselco
Lifetime
3 annual accounts with figures on one time axispeak €85,362 (2025)
€85,362▲ 136%
lowest -€27,142 (2024)
€9,972▲ €37,114
peak €4,210 (2023)
-€12,960▲ €10,805
€34,247▼ 82.9%
Board1 name since 2022
1 director
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €36,241 to €85,362Back to profit: €9,972Equity from -€23,765 to -€12,960Debts from €200,079 to €34,247
Key points
from the 2025 annual accountsTurnover
≈ €440,000 estimated
The micro format states no turnover.
Debts
€34,247 161% of the balance sheet
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 119 days after the end of the period.
Position in the sector
-60.9%
Lower solvency than 89% of companies in wholesale trade. Sector median 40.5% · 15,454 companies.
Public support
€56,522 awarded from 2022 to 2025
Flemish support, mostly Individueel Maatwerk.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,018 companies had the same profile as Masselco has now. Each dot stands for 3 companies, two years later.
89.1%
were still trading
4.1%
stopped another way
6.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,018 companies, not a prediction for Masselco. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0786754627
Transfer of 60 shares from to
General meeting of 26-06-2023 · Gazette deed
Registered-office move
Board meeting of 23-09-2022 · Gazette deed
First establishment
Vlaanderenstraat 10, Nieuwpoort
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Masselco Nieuwpoort | €21,287 | €85,362 | -60.9% | - |
| TVDM Manage | €56,910 | €65,683 | 80.3% | - |
| Computer Ride Namur | €29,878 | €24,793 | -36.6% | - |
| YOPTIMIZE Heist-op-den-Berg | €64,086 | €67,676 | 80.4% | - |
| Breco Techlab Waregem | €39,948 | €32,786 | 58.0% | - |
| SMARTPHONE FIX Mechelen | €58,727 | €46,082 | 17.7% | - |
| PERK Antwerp | €25,095 | €17,614 | 66.6% | - |
These companies have the same main activity as Masselco: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €25,100 and €64,100, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 02-06-2022Normal situation
- Activity
- Wholesale of information and communication equipmentNACE 46500and 2 others
- Establishment unit
- 2.336.325.3708620 Nieuwpoort, since 14-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2026
Annual accounts 2025
- €21,287▼ 87.9%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on Masselco
Masselco files the micro format. That format states no turnover. The gross margin rose from €5,614 in 2023 to €85,362 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Masselco
- What is the company number of Masselco?
- The company number of Masselco is 0786.754.627. The VAT number is the same number with BE in front: BE 0786.754.627.
- Where is Masselco based?
- The registered office is at Vlaanderenstraat 10, 8620 Nieuwpoort.Company details
- What does Masselco do?
- According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
- What is the legal form of Masselco?
- Masselco is a private limited company (BV).
- When was Masselco founded?
- Masselco was founded on 02-06-2022.
- Is Masselco still active?
- Yes, Masselco is an active enterprise in the KBO register.
- What is the turnover of Masselco?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €85,362 and 121 comparable companies (NACE 46). It probably lies between €220,000 and €740,000. In financial year 2023 turnover was €38,270.Financials
- Is Masselco profitable?
- In financial year 2025, Masselco made a profit of €9,972.
- Where can I find the annual accounts of Masselco?
- Masselco filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Masselco due?
- Masselco must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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