Skip to content

MASSINISSA

Active
Private limited companyfounded 199630 yrs activeDr Charles Leemansstraat 44, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0457.843.562
Summary

The computed 12-month bankruptcy probability of MASSINISSA is 1.9% (moderate). The 2025 annual accounts show equity of €50,945 and a net result of €8,442. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 5614 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
MASSINISSAActiveChecked score 56/100
Risk analysis ReportCompare

Overview

Activity
On-demand passenger transport by chauffeured vehicle
NACE 49330Non-scheduled passenger transport by road NACE 49320NACE 60220
1 site
Size
€67,469total assets 2025
Staff
0.1 FTE
Equity
€50,945
Profit
€8,442
Turnover not published (abridged schema)
Financial health
56 Fair Checked score 2025
Bankruptcy chance 12 m
1.9%
Structure
Accounts 10 d early0 of 12 deeds read
Why 56- 2 changes of registered office in 24 months- Size: total assets €67,469- Sector Land transport and transport via pipelines (NACE 49)+ Liquidity: current ratio 2.45, cash €20,748Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 70% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+5
equity 75.5% of total assets
Liquidity 79+23
short-term debt 24.5% · cash 30.8%
Profitability 84+44
return on assets 12.5%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,058 companies)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.8%▲ +126% vs 11-2024 01-2025: 0.8%▲ +2.4% vs 12-2024 02-2025: 2.7%▲ +235% vs 01-2025 03-2025: 2.7%● 0.0% vs 02-2025 04-2025: 2.9%▲ +4.9% vs 03-2025 05-2025: 2.9%▲ +1.4% vs 04-2025 06-2025: 2.7%▼ -5.8% vs 05-2025 07-2025: 2.9%▲ +5.7% vs 06-2025 08-2025: 3.5%▲ +19.3% vs 07-2025 09-2025: 3.5%● 0.0% vs 08-2025 10-2025: 3.5%● 0.0% vs 09-2025 11-2025: 3.5%● 0.0% vs 10-2025 12-2025: 3.5%● 0.0% vs 11-2025 01-2026: 3.5%▲ +1.8% vs 12-2025 02-2026: 3.5%▲ +0.9% vs 01-2026 03-2026: 3.5%● 0.0% vs 02-2026 04-2026: 3.8%▲ +7.0% vs 03-2026 05-2026: 3.8%▲ +1.3% vs 04-2026highest value 06-2026: 3.6%▼ -5.5% vs 05-2026 07-2026: 3.7%▲ +1.4% vs 06-2026 08-2026: 1.9%▼ -47.7% vs 07-2026 09-2026: 1.9%● 0.0% vs 08-2026 10-2026: 1.9%● 0.0% vs 09-2026
  • 2 changes of registered office in 24 months raises the probability
  • Liquidity: current ratio 2.45, cash €20,748 lowers the probability
  • Size: total assets €67,469 raises the probability for this profile
  • Sector Land transport and transport via pipelines (NACE 49) raises the probability
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.45 against 4.44 in 2024; short-term debt: 24.5% and cash: 30.8% of total assets), and 24.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, micro). Better than this share of them on solvency 92%, liquidity 84%, profitability 73%, growth against the median 30%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Liquidity: current ratio 2.45, cash €20,748
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Size: total assets €67,469
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Sector Land transport and transport via pipelines (NACE 49)
In the bankruptcy model this factor raises the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
10 d early
2024
21 d early
2023
7 d late
2022
23 d late
2021
26 d late
2020
6 d late
2019
56 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 8 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Among the best 17% on solvencysector median 38.6% · 5,614 companies 75.5% View
  • Positive: 8 profitable years in a rowprofit 2025: €8,442 8 years View
  • Active since 1996founded 23-04-1996 30 years View

By topic

Financials

Fiscal year
2025
Total assets
€67,469
Profit
€8,442
Solvency
75.5%
Turnover▼ 30.7%
Net result
20232024
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 21-07-2026Annual accounts filed
  2. 10-07-2025Annual accounts filed
  3. 07-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
On-demand passenger transport by chauffeured vehicleNACE 49330
Founded
23-04-1996
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure