Result
€54,924 €54,924
Back in profit in 2025, after a loss of €9,976 in 2024.
MASTECA
Lifetime
18 annual accounts with figures on one time axis, 34 filings since 1992peak €178,744 (2008)
€114,198▲ 25.2%
lowest -€166,544 (2016)
€54,924▲ €64,900
peak €592,741 (2025)
€592,741▲ 12.7%
€964,503▼ 41.5%
Board4 names since 2020
3 directorsDOMS Steven and 2 others
Documentsfilings and deeds
12-05-202680 days before the deadline
2025micro format
Gross margin from €91,207 to €114,198Back to profit: €54,924Resignation: Emma Mertens (director) 28-05Equity from €525,817 to €592,741Debts from €1.6m to €964,503Cash from €7,397 to €4,253
Key points
from the 2025 annual accountsPayment terms
13 days to suppliers
MASTECA pays its suppliers 16 days earlier than in 2024.
Position in the sector
€592,741
More equity than 86% of companies in real estate. Sector median €73,119 · 17,206 companies.
Checked score
87
Excellent
Financially stronger than 54% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.2 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026highest value
03-2026: 0.3%● unchanged vs 02-2026highest value
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.01, cash €4,253
1 of the last 3 accounts late
lowers risk
Founded in 1991
Size: turnover €110,408, total assets €1.7m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 53% of them on solvency, 23% on liquidity, 79% on profitability and 60% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as MASTECA has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MASTECA itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 companies, not a prediction for MASTECA. 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
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.01 (0.02 in 2024), below 1. Short-term debt is 42.8% and cash 0.3% of total assets. 65% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 days early
2024
35 days late
2023
74 days early
2022
79 days early
2021
64 days early
2020
84 days early
2019
85 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 62 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DOMS Willydeed of 05-03-2020
- HELLEMANS Mariadeed of 05-03-2020
- DOMS Stevendeed of 05-03-2020
Recent changes
Appointment: Willy Doms (managing director)
Board meeting of 15-08-2026 · Gazette deed
Capital decrease of €325,800 to €36,200
Capital from €362,000 to €36,200 · Gazette deed
Resignation: Emma Mertens (director)
General meeting of 02-05-2024 · Gazette deed
Changes of role: DOMS Willy (class A director), HELLEMANS Maria (class A director), DOMS Steven (class B director) and Mertens Emma Marie Jeanne Edouard (class B director)
“zonder boekhoudkundige en fiscale diensten” (deed in Dutch) · Legal-form conversion: from public limited company to private limited company · DOMS Willy is a shareholder · General meeting of 02-03-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MASTECA Sint-Katelijne-Waver | €1.7m | €114,198 | 35.0% | - |
| IMMOHAN Schoten | €1.6m | €124,758 | 31.8% | - |
| IMMO MOEYAERT Schelle | €1.8m | €96,546 | 68.2% | - |
| PARTNER IMMO Antwerp | €1.4m | €134,278 | 48.4% | 0 |
| DEN MOOR Ranst | €2.2m | €104,609 | 8.1% | - |
| SERITRA Koksijde | €1.6m | €104,309 | 8.7% | 0.8 |
| V.L. DEVELOPMENT Wavre | €1.6m | €109,191 | 40.3% | - |
These companies have the same main activity as MASTECA: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €1.4m and €2.2m, founded between 1989 and 1994.
Official details
Source: KBO- Status
- Active since 23-10-1991Normal situation
- Activity
- Real estate agency activitiesNACE 68310
- Establishment unit
- 2.055.616.2782860 Sint-Katelijne-Waver, since 10-04-1996
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €1.7m▼ 26.8%
- Filing
- Filed on 12-05-2026, 80 days before the end of the filing period
Insights on MASTECA
MASTECA files the micro format. That format states no turnover. The gross margin fell from €178,744 in 2008 to €114,198 in 2025.
The balance sheet grew most from 2019 to 2020 through fixed assets.
In August 2026, the Official Gazette published the appointment of Willy Doms as managing director.
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 MASTECA
- What is the company number of MASTECA?
- The company number of MASTECA is 0446.493.275. The VAT number is the same number with BE in front: BE 0446.493.275.
- Where is MASTECA based?
- The registered office is at Liersesteenweg 87, 2860 Sint-Katelijne-Waver.Company details
- What does MASTECA do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of MASTECA?
- MASTECA is a private limited company (BV).
- When was MASTECA founded?
- MASTECA was founded on 23-10-1991.
- Is MASTECA still active?
- Yes, MASTECA is an active enterprise in the KBO register.
- What is the turnover of MASTECA?
- The turnover of MASTECA was €110,408 in financial year 2025, according to the filed annual accounts.Financials
- Is MASTECA profitable?
- In financial year 2025, MASTECA made a profit of €54,924.
- Where can I find the annual accounts of MASTECA?
- MASTECA filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MASTECA due?
- MASTECA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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