MASTERBOUW
The computed 12-month bankruptcy probability of MASTERBOUW is 0.7% (low). The 2024 annual accounts show equity of €76k and a net result of €135k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 40% of 3815 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €76k |
| Net result | €135k |
| Better than sector | 40% |
| Active | 19 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 31.2% | 39.4% | |
| Net result | €135k | €10k | |
| Equity | €76k | €29k | |
| Gross operating margin | €154k | €26k | |
| Total assets | €244k | €85k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €146k |
| Net profit | €135k |
| Cash flow | €138k |
| Staff costs | - |
| Income taxes | €9k |
| Dividends | - |
| Total assets | €244k |
| Equity | €76k |
| Debt | €168k |
| of which ≤ 1y | €167k |
| of which > 1y | - |
| Working capital | €68k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.41 |
| Quick ratio | 1.36 |
| Working capital ratio | 27.8% |
| Solvency | 31.2% |
| Debt / equity | 2.20 |
| Long-term debt ratio | - |
| Interest coverage | 115.98 |
| Gross margin | - |
| Net margin | - |
| ROA | 55.4% |
| ROE | 177.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €244k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €7k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €235k |
| Stocks & contracts in progress | 3 | €7k |
| Amounts receivable within one year | 40/41 | €127k |
| Cash & bank | 54/58 | €93k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €244k |
| Equity | 10/15 | €76k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €203k |
| Accumulated profits (losses) | 14 | €-133k |
| Amounts payable | 17/49 | €168k |
| Amounts payable within one year | 42/48 | €167k |
| Trade debts payable within one year | 44 | €52k |
| Income statement | ||
| Gross operating margin | 9900 | €154k |
| Operating result | 9901 | €144k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €144k |
| Income taxes | 67/77 | €9k |
| Net result for the period | 9904 | €135k |
| Result to be appropriated | 9905 | €135k |
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 29-12-2006 |
| Status | Active |
| Postal code | 9940 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302E0526/00K000 | Flanders | 4,041 m² | 1 · 2,120 m² | 8.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-04-2025 Registered office moved within Evergem
- Westbekesluis 2/A5 - 9940 Evergem → Durmakker 25/A5 9940 Evergem
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_social",
"new_address": {
"raw": "Durmakker 25/A5\n9940 Evergem",
"city": "Evergem",
"region": "vlaams_gewest",
"street": "Durmakker",
"country": "BE",
"postcode": "9940",
"box_number": "A5",
"street_number": "25",
"locality_suffix": null
},
"old_address": {
"raw": "Westbekesluis 2/A5 - 9940 Evergem",
"city": "Evergem",
"region": "vlaams_gewest",
"street": "Westbekesluis",
"country": "BE",
"postcode": "9940",
"box_number": "A5",
"street_number": "2",
"locality_suffix": null
},
"effective_date": "2025-02-27",
"evidence_quote": "Er blijkt uit de beslissing van de bestuurder d.d. 19 maart 2025 dat werd vastgesteld dat de zetel van de vennootschap middels notari\u00EBle akte d.d. 27 februari 2025 per misslag werd verplaatst naar: Westbekesluis 2/A5 9940 Evergem",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-04-25",
"filing_date": "2025-04-16",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2025-03-19",
"unanimous": null
},
"subject_company": {
"kbo": "0886.033.533",
"name_full": "MASTERBOUW",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": "La Dullaert CommV",
"person_name": "Nele Dullaert",
"org_rep_person_name": null,
"person_role_at_subject": "zaakvoerder"
},
"co_filed_documents": []
}04-03-2025 Registered office moved to Evergem
- 9940 Evergem, Westbekesluis 2/A5
Technical details
{
"events": [
{
"kind": "zetel_transfer_cross_border_in",
"seat_type": "siege_social",
"new_address": {
"raw": "9940 Evergem, Westbekesluis 2/A5",
"city": "Evergem",
"region": "vlaams_gewest",
"street": "Westbekesluis",
"country": "BE",
"postcode": "9940",
"box_number": "A5",
"street_number": "2",
"locality_suffix": null
},
"old_address": null,
"effective_date": null,
"evidence_quote": "De buitengewone algemene vergadering beslist dat het adres van de zetel met een ingang vanaf heden zal verplaatst worden naar: 9940 Evergem, Westbekesluis 2/A5.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "INES HOUTSAEGER",
"firm_city": null,
"firm_name": null,
"office_city": "Sint-Niklaas",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-03-04",
"filing_date": "2025-02-28",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-02-27",
"unanimous": true
},
"subject_company": {
"kbo": "0886.033.533",
"name_full": "MASTERBOUW",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "CommV La Dullaert",
"person_name": null,
"org_rep_person_name": "Dullaert Nele",
"person_role_at_subject": null
},
"co_filed_documents": [
"een expeditie van de akte",
"geco\u00F6rdineerde statuten"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MASTERBOUW |