MASSEZ
ActiveThe computed 12-month bankruptcy probability of MASSEZ is 2.0% (moderate). The 2024 annual accounts show equity of €356k and a net result of €133k. Equity is growing by ~57.3% per year across the filed fiscal years. Its solvency ranks better than 56% of 26048 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▼-13
Solvency64▼-29
Growth78=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.18 against 3.25 in 2023; short-term debt: 9.9% and cash: 36.3% of total assets), but 60.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
54 d early
2022
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€356k▲ 60.0%
2023 · €222k
2022: €101k
2023: €222k
2022 → 2024
Total assets
€909k▲ 179%
2023 · €326k
2022: €287k
2023: €326k
2022 → 2024
Net result
€133k▲ 10.0%
2023 · €121k
2022: €96k
2023: €121k
2022 → 2024
Working capital
€286k▲ 26.6%
2023 · €226k
2022: €101k
2023: €226k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€101k-€222k▲ 120%€356k▲ 60.0%
Operating result€122k-€160k▲ 31.4%€184k▲ 15.4%
Net result€96k-€121k▲ 26.5%€133k▲ 10.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 15% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €909k
Fixed assets
€534k
Current assets
€375k
Equity and liabilities €909k
Equity
€356k▲ 60.0%
Debt
€554k▲ 434%
The debt ratio rises from 31.8% to 60.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€263k▲
2023 · €160k
Cash flow
€213k▲
2023 · €122k
Solvency
39.1%▼
2023 · 68.2%
Current ratio
4.18▲
2023 · 3.25
Quick ratio
4.00▲
2023 · 3.25
Debt / equity
1.56▲
2023 · 0.47
ROE
37.5%▼
2023 · 54.6%
ROA
14.7%▼
2023 · 37.2%
Interest coverage
23.07▼
2023 · 44.27
Debt
€554k▲
2023 · €104k
Debt ≤ 1 year
€90k▼
2023 · €100k
Debt > 1 year
€462k
Income taxes
€40k▲
2023 · €35k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€326k€909k▲
Formation expenses20€0-
Fixed assets21/28-€534k
Tangible fixed assets22/27-€534k
Land and buildings22-€525k
Furniture and vehicles24-€9k
Current assets29/58€326k€375k▲
Stocks and contracts in progress3€0€16k▲
Stocks30/36€0€16k▲
Amounts receivable within one year40/41€43k€29k▼
Trade receivables40€43k€29k▼
Cash at bank and in hand54/58€283k€330k▲
Deferred charges and accrued income490/1€275€0▼
Equity and liabilities
Total equity and liabilities10/49€326k€909k▲
Equity10/15€222k€356k▲
Contributions10/11€5k€5k=
Reserves13€217k€351k▲
Distributable reserves133€217k€351k▲
Amounts payable17/49€104k€554k▲
Amounts payable after more than one year17-€462k
Financial debts170/4-€462k
Amounts payable within one year42/48€100k€90k▼
Current portion of amounts payable after more than one year42-€17k
Trade debts44€1k€19k▲
Suppliers440/4€1k€19k▲
Taxes, remuneration and social security45€54k€31k▼
Taxes450/3€54k€31k▼
Other amounts payable47/48€45k€22k▼
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€431€79k▲
Other operating charges640/8€115€3k▲
Gross operating margin9900€160k€267k▲
Operating profit (loss)9901€160k€184k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€4k€11k▲
Recurring financial charges65€4k€11k▲
Profit (loss) for the period before taxes9903€156k€173k▲
Income taxes67/77€35k€40k▲
Profit (loss) for the period9904€121k€133k▲
Profit (loss) for the period to be appropriated9905€121k€133k▲
Appropriation of the result
Profit (loss) to be appropriated9906€121k€133k▲
Transfer to equity691/2€121k€133k▲
To other reserves6921€121k€133k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €133k ▲10%
Operating result €184k, net result €133k, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 3.25
Current ratio from 1.54 to 3.25; short-term debt falls from €186k to €100k.
31-12
Financial
Equity above €200kEq €222k ▲120%
2 profitable years in a row build equity to €222k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hooglede · 1 establishment unit since 2022
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.
Amersveldestraat 13A8830 HoogledeGround area
3,596 m²
Building footprint
154 m²
Volume, LiDAR
835 m³
Parcel 36006A0703/00T000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MASSEZ
since 20222.332.681.041
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36006A0703/00T000 | Flanders | 3,596 m² | 1 · 154 m² | 8.4 m · 2 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.
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Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 3,588 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-06-2022
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45112
46180Agents specialised in the wholesale of other particular products
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.