Equity
-€536
Debts exceed assets in financial year 2025.
Masterpools
Lifetime
5 annual accounts with figures on one time axispeak €5,770 (2022)
-€5,230▼ €6,899
lowest -€5,683 (2025)
-€5,683▼ €5,825
peak €6,093 (2022)
-€536▼ €5,683
€3,736▼ 60.6%
Board2 names since 2020
1 directorJESPERS Christof Anna Kamiel
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €1,669 to -€5,230Loss of €5,683Registered office moved from Brasschaat to Torhout 30-10Equity from €5,147 to -€536Debts from €9,487 to €3,736Cash from €13,271 to €1,447
Key points
from the 2025 annual accountsFilings
5 annual accounts 3 late
The 2025 accounts came latest: 28 days after the end of the period.
Position in the sector
-16.7%
Lower solvency than 93% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
Turnover not published (micro format)
Checked score
50
Fair
Financially stronger than 14% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.7%▼ -0.1 percentage points vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 1.2%▲ +0.4 percentage points vs 07-2025
09-2025: 0.5%▼ -0.7 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025lowest value
11-2025: 0.9%▲ +0.4 percentage points vs 10-2025
12-2025: 1.0%▲ +0.1 percentage points vs 11-2025
01-2026: 0.9%▼ -0.1 percentage points vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 1.0%▲ +0.1 percentage points vs 03-2026
05-2026: 1.2%▲ +0.2 percentage points vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 1.3%▲ +0.1 percentage points vs 06-2026
08-2026: 2.1%▲ +0.8 percentage points vs 07-2026
09-2026: 2.3%▲ +0.2 percentage points vs 08-2026
10-2026: 2.3%● unchanged vs 09-2026highest value
11-2026: 2.3%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Negative equity -€536
Loss of €5,683 (financial year 2025)
lowers risk
Size: total assets €3,200
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 43, micro). It does better than 6% of them on solvency, 43% on liquidity, 4% on profitability and 3% on growth.
The bankruptcy probability was computed on 10-11-2026 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).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as Masterpools has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Masterpools itself: 2.3% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for Masterpools. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€536
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
28 days late
2024
25 days late
2023
11 days early
2022
19 days early
2021
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 9 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 24 August (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VANDERSTRAETEN Johan Jozef Helga 50 sharesdeed of 05-10-2020
- JESPERS Christof Anna Kamiel 50 sharesdeed of 05-10-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0755559229
Registered office moved from Brasschaat to Torhout
New registered office: Windmolenstraat 23, 8820 Torhout · Previous registered office: Kortestraat 34, 2930 Brasschaat · Resignation: Vanderstraeten Johan (director) · General meeting of 15-05-2025 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founders: VANDERSTRAETEN Johan Jozef Helga and JESPERS Christof Anna Kamiel · Appointments: VANDERSTRAETEN Johan Jozef Helga (director) and JESPERS Christof Anna Kamiel (director) · published on 05-10-2020 · Gazette deed
2 establishments registered
Brasschaat and Torhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Masterpools Torhout | €3,200 | -€5,230 | -16.7% | - |
| CCT2020 Genk | €4,501 | -€39,723 | 48.8% | - |
| Creations M.B Pepingen | €4,923 | -€2,687 | -256.0% | - |
| ECO COMPANY Zaventem | €4,615 | -€1,570 | -66.6% | - |
| DHB Trading Overijse | €4,283 | -€1,089 | 57.5% | - |
| Uni Kons Ghent | €5,442 | -€28,626 | 80.1% | - |
| BE COSY Beersel | €2,909 | -€3,153 | 11.2% | - |
These companies have the same main activity as Masterpools: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €2,910 and €5,440, founded between 2017 and 2022.
Official details
Source: KBO- Status
- Active since 01-10-2020Normal situation
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment units
- 2.307.744.9152930 Brasschaat, since 01-10-2020
- 2.307.745.0148820 Torhout, since 01-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Insights on Masterpools
Masterpools files the micro format. That format states no turnover. The gross margin fell from -€911 in 2021 to -€5,230 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Masterpools
- What is the company number of Masterpools?
- The company number of Masterpools is 0755.559.229. The VAT number is the same number with BE in front: BE 0755.559.229.
- Where is Masterpools based?
- The registered office is at Windmolenstraat 23, 8820 Torhout.Company details
- What does Masterpools do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of Masterpools?
- Masterpools is a private limited company (BV).
- When was Masterpools founded?
- Masterpools was founded on 01-10-2020.
- Is Masterpools still active?
- Yes, Masterpools is an active enterprise in the KBO register.
- What is the turnover of Masterpools?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Masterpools profitable?
- In financial year 2025, Masterpools made a loss of €5,683.
- Where can I find the annual accounts of Masterpools?
- Masterpools filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Masterpools due?
- Masterpools must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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