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MASTABA

Active
Private limited company (pre-2019)founded 200026 yrs activeKBO/BCE: BE 0472.158.089
Summary

The computed 12-month bankruptcy probability of MASTABA is 4.2% (elevated). The latest annual accounts of MASTABA were filed more than 90 days after the deadline. The 2019 annual accounts show negative equity (-€6,078) and a net result of -€12,127. The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2019 · tick = 2018
Profitability0=
Solvency0▼-65
Growth32
Track record100
Bankruptcy probability, 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 2019
Solvency, return and age of the figures
Solvency
-86.3%
Return on assets
-172.1%
Age of the figures
81 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 15-12-2020, 137 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
137 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 137 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

On 20 June 2000, MASTABA was incorporated.1 The company has filed 19 sets of annual accounts, the latest for fiscal year 2019.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019

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Financials · fiscal year 2019, micro schema

Equity
-€6,078
2018 · €6,049
Total assets
€7,045▼ 53.4%
2018 · €15,113
Net result
-€12,127▼ 257%
2018 · -€3,397
Working capital
-€6,032
2018 · €1,373
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Operating result-€2,919--€11,733▼ 302%
Net result-€3,397--€12,127▼ 257%
Equity€6,049--€6,078
Total assets€15,113-€7,045▼ 53.4%
Debt€9,064-€13,123▲ 44.8%
Working capital€1,373--€6,032
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2018: -€2,919-€2,919Net result 2018: -€3,397-€3,397Operating result 2019: -€11,733-€11,733Net result 2019: -€12,127-€12,12720182019-€15,000-€10,000-€5,000€0Operating result 2018: -€2,919-€2,920Net result 2018: -€3,397-€3,400Operating result 2019: -€11,733-€11,700Net result 2019: -€12,127-€12,10020182019
The operating result stays negative: a loss of €11,733 in 2019 against €2,919 in 2018; the loss grows.
Key figures and ratios
2019 value · change against 2018
EBITDA
-€7,058▼
2018 · €2,644
Cash flow
-€7,451▼
2018 · €2,166
Solvency
-86.3%▼
2018 · 40.0%
Current ratio
0.54▼
2018 · 1.15
Quick ratio
0.48▼
2018 · 1.07
ROA
-172.1%▼
2018 · -22.5%
Debt ≤ 1 year
€13,077▲
2018 · €9,064
Income taxes
€180▼
2018 · €198
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 23 lines
Balance sheet Code20182019
Assets
Total assets20/58€15,113€7,045▼
Fixed assets21/28€4,676-
Tangible fixed assets22/27€4,676-
Current assets29/58€10,437€7,045▼
Stocks and contracts in progress3€750€750=
Amounts receivable within one year40/41€6,887€6,235▼
Cash at bank and in hand54/58€2,733€60▼
Equity and liabilities
Total equity and liabilities10/49€15,113€7,045▼
Equity10/15€6,049-€6,078▼
Contributions10/11€19,000€19,000=
Reserves13€1,900€1,900=
Profit (loss) carried forward14-€14,851-€26,978▼
Amounts payable17/49€9,064€13,123▲
Amounts payable within one year42/48€9,064€13,077▲
Trade debts44€3,527€2,156▼
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,563€4,676▼
Gross operating margin9900€4,485-€5,286▼
Operating profit (loss)9901-€2,919-€11,733▼
Recurring financial charges65€280€213▼
Profit (loss) for the period before taxes9903-€3,199-€11,947▼
Income taxes67/77€198€180▼
Profit (loss) for the period9904-€3,397-€12,127▼
Profit (loss) for the period to be appropriated9905-€3,397-€12,127▼
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,563€4,676▼ 15.9%
Gross operating margin9900€4,485-€5,286▼ 218%
Operating profit (loss)9901-€2,919-€11,733▼ 302%
Recurring financial charges65€280€213▼ 23.8%
Profit (loss) for the period before taxes9903-€3,199-€11,947▼ 273%
Income taxes67/77€198€180▼ 8.9%
Profit (loss) for the period9904-€3,397-€12,127▼ 257%
Profit (loss) for the period to be appropriated9905-€3,397-€12,127▼ 257%
Line20182019Change
Assets
Total assets20/58€15,113€7,045▼ 53.4%
Fixed assets21/28€4,676--
Tangible fixed assets22/27€4,676--
Current assets29/58€10,437€7,045▼ 32.5%
Stocks and contracts in progress3€750€750=
Amounts receivable within one year40/41€6,887€6,235▼ 9.5%
Cash at bank and in hand54/58€2,733€60▼ 97.8%
Equity and liabilities
Total equity and liabilities10/49€15,113€7,045▼ 53.4%
Equity10/15€6,049-€6,078▼ 200%
Contributions10/11€19,000€19,000=
Reserves13€1,900€1,900=
Profit (loss) carried forward14-€14,851-€26,978▼ 81.7%
Amounts payable17/49€9,064€13,123▲ 44.8%
Amounts payable within one year42/48€9,064€13,077▲ 44.3%
Trade debts44€3,527€2,156▼ 38.9%
Line20182019Change
Profit (loss) for the period9904-€3,397-€12,127▼ 257%
+ Depreciation and write-downs630€5,563€4,676▼ 15.9%
Operating cash flow (approximation)€2,166-€7,451▼ 444%
Change in cash--€2,673-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2020
15-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 137 days late
2019
08-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
19-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
08-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 39 days late
2015
13-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 13 days late
2014
22-10
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 83 days late
2013
04-12
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 126 days late
2012
29-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 29 days late
2011
04-11
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 96 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are 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, Gent · 1 establishment unit since 2000
seat establishment approximate The establishment unit on the map
Ground area
296 m²
Building footprint
264 m²
Volume, LiDAR
2,553 m³
Parcel 44802B0057/00F000, Flanders · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
NACE 4520002
since 20002.099.735.244
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44802B0057/00F000indicative Flanders 296 m² 1 · 264 m² 14.6 m · 4 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded20-06-2000
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.