MASTA

Active

Private limited companyfounded 20241 yr activeMechelsestraat 108, 3000 Leuven, BelgiumKBO/BCE: BE 1017.821.790

MASTA has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €-10k. Its solvency ranks better than 89% of 3096 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2025

52 / 100

Fair▼ -26 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-30

Solvency100▲+1

Growth32

Stability82

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 2.69 against 2.56 in 2024), and 17% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 01

Relative position

BE, all sectors

reference

Sector 01

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

83%

Return on assets

-53.6%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

1 d early

2024

8 d late

← before the deadline after the deadline →

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 months

Position in the running window

12-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€15k▼ 39.3%

2024 · €26k

2024: €26k

2024 → 2025

Total assets

€19k▼ 55.4%

2024 · €42k

2024: €42k

2024 → 2025

Net result

€-10k

2024 · €2k

2024: €2k

2024 → 2025

Working capital

€5k▼ 78.9%

2024 · €26k

2024: €26k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€26k-€15k▼ 39.3%

Operating result€2k-€-10k

Net result€2k-€-10k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €10k after €2k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €19k

54.2%

45.8%

Fixed assets €10k

Current assets €9k

Equity and liabilities €19k

83.0%

17.0%

Equity €15k▼ 39.3%

Debt €3k▼ 80.6%

The debt ratio falls from 39.1% to 17.0%: debt falls faster than equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-7k

Cash flow

€-7k

Solvency

83.0%▲

2024 · 60.9%

Current ratio

2.69▲

2024 · 2.56

Quick ratio

2.69▲

2024 · 2.56

Debt / equity

0.21▼

2024 · 0.64

ROE

-64.6%▼

2024 · 5.9%

ROA

-53.6%▼

2024 · 3.6%

Interest coverage

-163.41

Debt

€3k▼

2024 · €16k

Debt ≤ 1 year

€3k▼

2024 · €16k

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€42k€19k▼

Fixed assets21/28-€10k

Tangible fixed assets22/27-€10k

Plant, machinery and equipment23-€10k

Current assets29/58€42k€9k▼

Amounts receivable within one year40/41€2k€1k▼

Trade receivables40€2k-

Other amounts receivable41-€1k

Cash at bank and in hand54/58€40k€8k▼

Equity and liabilities

Total equity and liabilities10/49€42k€19k▼

Equity10/15€26k€15k▼

Contributions10/11€24k€24k=

Profit (loss) carried forward14€2k€-9k▼

Amounts payable17/49€16k€3k▼

Amounts payable within one year42/48€16k€3k▼

Trade debts44-€217

Suppliers440/4-€217

Taxes, remuneration and social security45€16k€1k▼

Taxes450/3€379€1k▲

Remuneration and social security454/9€16k-

Other amounts payable47/48-€2k

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3k

Other operating charges640/8-€787

Gross operating margin9900€2k€-6k▼

Operating profit (loss)9901€2k€-10k▼

Financial charges65/66B€3€40▲

Recurring financial charges65€3€40▲

Profit (loss) for the period before taxes9903€2k€-10k▼

Income taxes67/77€379-

Profit (loss) for the period9904€2k€-10k▼

Profit (loss) for the period to be appropriated9905€2k€-10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€2k€-9k▼

Profit (loss) brought forward from the previous period14P-€2k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

08-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 8 days late

NBB filing

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, Leuven · 1 establishment unit since 2024

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.

Mechelsestraat 1083000 Leuven

Ground area

156 m²

Building footprint

131 m²

Volume, LiDAR

1,585 m³

Parcel 24062A0504/00F000, Flanders · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Mechelsestraat 108, 3000 Leuven

Support activities for crop production

since 20242.367.761.288

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24062A0504/00F000 ProtectedMonument · Townscape or village viewSint-Geertruiabdij: Thiéryvleugel en resterende vleugel abdijSource ↗	Flanders	155 m²	1 · 131 m²	16.5 m · 4 fl.