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Master Plan Construction

Active
Private limited company·Algemene bouw van residentiële gebouwen· 17 yrs active
Route de Gosselies(WAN) 303 ·6220 Fleurus, Belgium
KBO/BCE: BE 0810.535.265
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Age17 yrs
Board1
Real estate1 parcel · 2,070 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Master Plan Construction is 1.2% (low). The 2023 annual accounts show equity of €47k and a net result of €9k. Equity is shrinking by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 3129 sector peers (fiscal year 2023). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 377 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 02-08-2024, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 02-08-2024 2 d late 2024-00323255
31-12-2022 31-07-2023 28-12-2023 150 d late 2023-00538309
31-12-2021 31-07-2022 07-06-2022 54 d early 2022-20048842
31-12-2020 31-07-2021 29-08-2021 29 d late 2021-61500189
31-12-2019 31-07-2020 25-08-2020 25 d late 2020-43800230
31-12-2018 31-07-2019 17-06-2019 44 d early 2019-18600087
31-12-2017 31-07-2018 13-08-2018 13 d late 2018-44900195
31-12-2016 31-07-2017 28-06-2017 33 d early 2017-22000246
31-12-2015 31-07-2016 24-08-2016 24 d late 2016-45500120
31-12-2014 31-07-2015 30-06-2015 31 d early 2015-22800574

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2009, 17 years in business.
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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.2% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€9k
Working capital€47k+21.3%

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 02-08-2024 with the NBB · fiscal year 2023 · micro
€-40k€-20k€0€20kOperating result 2019: €-22k€-22kNet result 2019: €-23k€-23kOperating result 2020: €-5k€-5kNet result 2020: €-5k€-5kOperating result 2021: €27k€27kNet result 2021: €27k€27kOperating result 2022: €-4k€-4kNet result 2022: €-4k€-4kOperating result 2023: €9k€9kNet result 2023: €9k€9k20192020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~148% of the level (threshold 35%). We therefore deliberately show no projection line.
€-40k€-20k€0€20k2018: €2k2019: €-23k2020: €-5k2021: €27k2022: €-4k2023: €9k201820192020202120222023
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 40.0% 37.6%
better than 53% of 3129 sector peers
Net result €9k €9k
better than 49% of 3122 sector peers
Equity €47k €25k
better than 69% of 3134 sector peers
Gross operating margin €9k €27k
better than 27% of 3116 sector peers
Total assets €117k €80k
better than 64% of 3130 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P53
2020: P95 · n=4412021: P95 · n=11242022: P95 · n=22302023: P53 · n=31292020 2023
Weakening position over 2020-2023 · n=441-3129
Net result P49
2020: P20 · n=4382021: P78 · n=11242022: P15 · n=22242023: P49 · n=31222020 2023
Stable position over 2020-2023 · n=438-3122
Equity P69
2020: P54 · n=4432021: P81 · n=11272022: P68 · n=22352023: P69 · n=31342020 2023
Stable position over 2020-2023 · n=443-3134
Gross operating margin P27
2020: P12 · n=4392021: P55 · n=11172022: P9 · n=22182023: P27 · n=31162020 2023
Stable position over 2020-2023 · n=439-3116
Describes the position versus peers, not a forecast.
EBITDA
€-3k
+86.3% 18-23
Net profit
€9k
- 18-23
Cash flow
€-3k
+86.4% 18-23
Total assets
€117k
+157.3% 18-23
Equity
€47k
+22.8% 18-23
Working capital
€47k
+21.3% 18-23
Income taxes
€267
- 18-23
Debt
€70k
+851.0% 18-23
Debt ≤ 1y
€70k
+917.1% 18-23
Current ratio
1.67
-74.7% 18-23
Quick ratio
1.67
-74.7% 18-23
Solvency
40.0%
-52.3% 18-23
Debt / equity
1.50
+674.3% 18-23
ROE
18.6%
- 18-23
ROA
7.4%
- 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA-
Net profit€9k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€117k
Equity€47k
Debt€70k
of which ≤ 1y€70k
of which > 1y-
Working capital€47k
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.67
Quick ratio1.67
Working capital ratio40.0%
Solvency40.0%
Debt / equity1.50
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA7.4%
ROE18.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€117k
Current assets 29/58€117k
Amounts receivable within one year 40/41€114k
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€117k
Equity 10/15€47k
Contributions / capital 10/11€19k
Reserves 13€28k
Accumulated profits (losses) 14€-323
Amounts payable 17/49€70k
Amounts payable within one year 42/48€70k
Trade debts payable within one year 44€68k
Income statement
Gross operating margin 9900€9k
Operating result 9901€9k
Financial charges 65€16
Result before taxes 9903€9k
Net result for the period 9904€9k
Result to be appropriated 9905€9k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
86 / 100 Excellent
050100
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.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

3 directors
Current directors & mandates
  • KABASHI Artem
    Director
    State Gazette act 22083323 (12-07-2022)
    Current
    12-07-2022 → present
Former directors (2)
  • MEEUSSEN Dirk Jozef
    Director
    State Gazette act 22083323 (12-07-2022)
    Former
    - → 12-07-2022
  • VERHASSELT Margaretha Joanna
    Director
    State Gazette act 22083323 (12-07-2022)
    Former
    - → 12-07-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Algemene bouw van residentiële gebouwen(41001)
Legal form Private limited company(610)
Incorporation19-03-2009
StatusActive
Postal code6220

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Route de Gosselies(WAN) 3036220 Fleurus

Establishment units

1 location
Master Plan Construction
Route de Gosselies(WAN) 303, 6220 FleurusHouwen, bewerken en afwerken van natuursteen
since 20092.177.120.953
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,070 m²
Buildings1
Building footprint449 m²
Volume (LiDAR)2,709 m³
Tallest building7.1 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52072A0199/00Y002 Wallonia 2,070 m² 1 · 449 m² 7.1 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 4 years ago
2022
12-07-2022 1 director appointed, 2 resigning Director changes·Frederik Vlaminck
  • KABASHI Artem, Bestuurder
  • VERHASSELT Margaretha Joanna, Bestuurder
  • MEEUSSEN Dirk Jozef, Bestuurder
Notary: Frederik Vlaminck · Antwerpen

Analysis

Snowflake analysis

financial profile on 5 axes
Health86Profitability93Solvency76Growth58Stability100
83 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 86
Profitability 93
Solvency 76
Growth 58
Stability 100

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AI due-diligence brief

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 5,317 of the 29,570 companies in this sector. 4,704 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Algemene bouw van kantoorgebouwen41002Algemene bouw van andere niet-residentiële gebouwen41003Algemene bouw van kantoorgebouwen41202Algemene bouw van andere niet-residentiële gebouwen41203
Primary activity highlighted.
Names & trade names
Legal nameFR Master Plan Construction
Registered office
Route de Gosselies(WAN) 303
6220 Fleurus, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.