Checked.be
Active
BE 1021.915.190Private limited company
MASTECH
Koutergoedstraat 43 ·9041 Gent, Belgium· 1 yrs active
Sector: General electrical installation work
(43211)
Conclusion
The computed 12-month bankruptcy probability of MASTECH is 1.7% (moderate). The 2025 annual accounts show equity of €117k and a net result of €114k. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €117k |
| Net result | €114k |
| Active | 1 yrs |
| Locations | 1 |
Financial profile
85
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
86
Profitability
100
Solvency
88
Growth
-
Stability
67
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Young company
Founded in 2025, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
86
/ 100
Excellent
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 01-08-2026 with the NBB · fiscal year 2025 · micro schema
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €148k |
| Net profit | €114k |
| Cash flow | €115k |
| Staff costs | €8k |
| Income taxes | €33k |
| Dividends | - |
| Total assets | €250k |
| Equity | €117k |
| Debt | €132k |
| of which ≤ 1y | €132k |
| of which > 1y | - |
| Working capital | €111k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.84 |
| Quick ratio | 1.84 |
| Working capital ratio | 44.6% |
| Solvency | 47.0% |
| Debt / equity | 1.13 |
| Long-term debt ratio | - |
| Interest coverage | 1502.69 |
| Gross margin | - |
| Net margin | - |
| ROA | 45.8% |
| ROE | 97.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €250k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €6k |
| Current assets | 29/58 | €243k |
| Amounts receivable within one year | 40/41 | €177k |
| Cash & bank | 54/58 | €67k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €250k |
| Equity | 10/15 | €117k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €114k |
| Amounts payable | 17/49 | €132k |
| Amounts payable within one year | 42/48 | €132k |
| Trade debts payable within one year | 44 | €99k |
| Income statement | ||
| Gross operating margin | 9900 | €156k |
| Operating result | 9901 | €147k |
| Financial income | 75 | €383 |
| Financial charges | 65 | €98 |
| Result before taxes | 9903 | €147k |
| Income taxes | 67/77 | €33k |
| Net result for the period | 9904 | €114k |
| Result to be appropriated | 9905 | €114k |
Legal Structure
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 03-04-2025 |
| Status | Active |
| Postal code | 9041 |
Establishment units
MASTECH
since 20252.372.327.713
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44051B1128/00A002 | Flanders | 582 m² | 1 · 149 m² | 0.1 m |
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.
Updates
2026
01-08-2026 NBB filing Annual accounts filed
fiscal year 2025 · micro schema
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
General electrical installation work43211Civil engineering42211
Names & trade names
| Legal nameNL | MASTECH |
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