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MASTER FORKLIFT SERVICE

Active
Private limited companyfounded 2021active for 4 yearsHeymboschlaan 81, 1090 Jette, BelgiumKBO/BCE: BE 0778.865.458
Summary

The computed 12-month bankruptcy probability of MASTER FORKLIFT SERVICE is 2.7% (moderate). The 2025 annual accounts show equity of €15,203 and a net result of €7,087. Equity has been growing by about 96% per year since 2022. Its solvency ranks better than 19% of 1,689 sector peers (NACE 33, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 20-12-2021 Normal situation
Activity
Repair and maintenance of machinery NACE 33120and 3 others
Establishment unit
2.325.751.479 1090 Jette, since 02-01-2022
Financial year end
31 December
Peppol
Reachable since 29-04-2026

Board and ownership

Board
Shareholders
  • AMRIR Abdeslamdeed of 22-12-2021

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.7%
Annual accounts 2025
Turnover
€348,862
▲ 21.9%
Profit
€7,087
▼ 43.5%
Equity
€15,203
▲ 87.3%
Total assets
€97,669
▲ 16.6%
Staff
≈ 0.1 FTE
estimated
Score breakdownraises risk2 of the last 3 accounts lateFounded in 2021Size: turnover €348,862, total assets €97,669lowers riskLiquidity: current ratio 1.03, cash €15,949Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 36% of micro companies in repair and installation of machinery (NACE 33)
Financial strength · tick: 2024
Weak
Solvency 41+6
equity 15.6% of total assets
Liquidity 24+11
short-term debt 84.4% · cash 16.3%
Profitability 62-13
return on assets 7.3%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,394 companies, NACE 33, micro)
Last 24 months 12-2024: 6.4% 01-2025: 5.2%▼ -1.2 percentage points vs 12-2024 02-2025: 5.2%● unchanged vs 01-2025 03-2025: 5.2%● unchanged vs 02-2025 04-2025: 5.3%▲ +0.1 percentage points vs 03-2025 05-2025: 5.3%● unchanged vs 04-2025 06-2025: 5.2%▼ -0.1 percentage points vs 05-2025 07-2025: 5.1%▼ -0.1 percentage points vs 06-2025 08-2025: 5.7%▲ +0.6 percentage points vs 07-2025 09-2025: 5.6%▼ -0.1 percentage points vs 08-2025 10-2025: 6.9%▲ +1.3 percentage points vs 09-2025highest value 11-2025: 4.3%▼ -2.6 percentage points vs 10-2025 12-2025: 4.1%▼ -0.2 percentage points vs 11-2025 01-2026: 4.1%● unchanged vs 12-2025 02-2026: 4.1%● unchanged vs 01-2026 03-2026: 4.4%▲ +0.3 percentage points vs 02-2026 04-2026: 4.4%● unchanged vs 03-2026 05-2026: 4.5%▲ +0.1 percentage points vs 04-2026 06-2026: 4.5%● unchanged vs 05-2026 07-2026: 4.5%● unchanged vs 06-2026 08-2026: 2.7%▼ -1.8 percentage points vs 07-2026lowest value 09-2026: 2.7%● unchanged vs 08-2026lowest value 10-2026: 2.7%● unchanged vs 09-2026 11-2026: 2.7%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.03 (1.11 in 2024), below the usual 1.5. Short-term debt is 84.4% and cash 16.3% of total assets. 84.4% of the assets are financed with debt and provisions.
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 33, micro). It does better than 20% of them on solvency, 14% on liquidity, 26% on profitability and 83% on growth.

The bankruptcy probability was computed on 04-11-2026 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 moderate class on 30-06-2025, 2.4% 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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: turnover €348,862, total assets €97,669
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.03, cash €15,949
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1689 sector peers (2025).
NBB · sector comparison
Position among 1689 sector peers
Solvency
better than 19%
← weakest strongest →
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 · 4 filings
Deviation from the deadline
2025
10 days early
2024
60 days late
2023
127 days late
2022
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 52 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% 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 15 September (3 of the last 4 accounts filed within 56 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 81% of companies in repair and installation of machinerysector median 45.5% · 1,689 companies 15.6% View

Recent changes

  1. · Gazette deed IncorporationFounder: AMRIR Abdeslam · Founding capital of €1,500, 100 shares · Appointment: AMRIR Abdeslam (director)
All 7 events

Comparable companies

These companies have the same main activity as MASTER FORKLIFT SERVICE: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €86,000 and €124,000, founded between 2020 and 2022.

CompanyTotal assetsGross margin
MASTER FORKLIFT SERVICE Jette€97,669€11,008
FDLM Zandhoven€85,998€10,783
MAXIME PIRON Charleroi€117,916€9,760
DUPFIX Zwevegem€123,791€9,903
SCHULZ EQUIP Stoumont€89,569€11,677
Creative Technics Sint-Gillis-Waas€116,369€12,468
VANVELTHOVEN Lommel€94,085€14,194
Full comparison

Key facts about MASTER FORKLIFT SERVICE

What is the company number of MASTER FORKLIFT SERVICE?
The company number of MASTER FORKLIFT SERVICE is 0778.865.458. The VAT number is the same number with BE in front: BE 0778.865.458.
Where is MASTER FORKLIFT SERVICE based?
The registered office is at Heymboschlaan 81, 1090 Jette.Company details
What does MASTER FORKLIFT SERVICE do?
According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
What is the legal form of MASTER FORKLIFT SERVICE?
MASTER FORKLIFT SERVICE is a private limited company (BV).
When was MASTER FORKLIFT SERVICE founded?
MASTER FORKLIFT SERVICE was founded on 20-12-2021.
Is MASTER FORKLIFT SERVICE still active?
Yes, MASTER FORKLIFT SERVICE is an active enterprise in the KBO register.
What is the turnover of MASTER FORKLIFT SERVICE?
The turnover of MASTER FORKLIFT SERVICE was €348,862 in financial year 2025, according to the filed annual accounts.Financials
Is MASTER FORKLIFT SERVICE profitable?
In financial year 2025, MASTER FORKLIFT SERVICE made a profit of €7,087.
Where can I find the annual accounts of MASTER FORKLIFT SERVICE?
MASTER FORKLIFT SERVICE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MASTER FORKLIFT SERVICE due?
MASTER FORKLIFT SERVICE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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