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MASTERLINE TRANS

Active
Private limited companyfounded 20206 yrs activeGoede Herderstraat 2, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0747.888.608
Summary

The computed 12-month bankruptcy probability of MASTERLINE TRANS is 11.8% (high). The 2020 annual accounts show equity of €1,176 and a net result of -€324. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: High
Axes, FY 2020
Profitability36
Solvency27
Growth-
Track record85
Bankruptcy probability, 12 months
11.8% High
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020
Solvency, return and age of the figures
Solvency
2.1%
Return on assets
-0.6%
Age of the figures
69 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 10-10-2021, 71 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.
NBB · 1 filing
Deviation from the deadline
2020
71 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2020 accounts 71 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 June 2020, MASTERLINE TRANS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020

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Financials · fiscal year 2020, micro schema

Equity
€1,176
Total assets
€55,329
Net result
-€324
Working capital
€25,596

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €55,329
Fixed assets €9,000
Current assets €46,329
Equity and liabilities €55,329
Equity €1,176
Debt €54,153
Debt finances 97.9% of the balance-sheet total.
Key figures and ratios
2020 value
EBITDA
€1,030
Cash flow
€1,006
Current ratio
2.23
Debt to equity
28.42
ROE
-27.6%
ROA
-0.6%
Debt ≤ 1 year
€20,733
Debt > 1 year
€33,420
Annual accounts
Filed annual accounts As filed with the NBB · 2020 · 20 lines
Balance sheet Code2020
Assets
Total assets20/58€55,329
Fixed assets21/28€9,000
Financial fixed assets28€9,000
Current assets29/58€46,329
Amounts receivable within one year40/41€40,829
Cash at bank and in hand54/58€5,198
Equity and liabilities
Total equity and liabilities10/49€55,329
Equity10/15€1,176
Profit (loss) carried forward14-€324
Amounts payable17/49€54,153
Amounts payable after more than one year17€33,420
Amounts payable within one year42/48€20,733
Trade debts44€242
Income statement Code2020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,330
Gross operating margin9900€1,030
Operating profit (loss)9901-€300
Recurring financial charges65€24
Profit (loss) for the period before taxes9903-€324
Profit (loss) for the period9904-€324
Profit (loss) for the period to be appropriated9905-€324
Line2020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,330
Gross operating margin9900€1,030
Operating profit (loss)9901-€300
Recurring financial charges65€24
Profit (loss) for the period before taxes9903-€324
Profit (loss) for the period9904-€324
Profit (loss) for the period to be appropriated9905-€324
Line2020
Assets
Total assets20/58€55,329
Fixed assets21/28€9,000
Financial fixed assets28€9,000
Current assets29/58€46,329
Amounts receivable within one year40/41€40,829
Cash at bank and in hand54/58€5,198
Equity and liabilities
Total equity and liabilities10/49€55,329
Equity10/15€1,176
Profit (loss) carried forward14-€324
Amounts payable17/49€54,153
Amounts payable after more than one year17€33,420
Amounts payable within one year42/48€20,733
Trade debts44€242
Line2020
Profit (loss) for the period9904-€324
+ Depreciation and write-downs630€1,330
Operating cash flow (approximation)€1,006

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2021
10-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 71 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
4,496 m²
Building footprint
1,325 m²
Volume, LiDAR
10,263 m³
2 parcels, Brussels · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
MASTERLINE TRANS
Freight transport by road
since 20202.303.185.618
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21524C0162/00E000 Brussels 2,880 m² 1 · 236 m² 20.7 m · 6 fl.
21614E0126/00A002 Brussels 1,616 m² 1 · 1,089 m² 12.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded04-06-2020
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.