Active BE 0686.664.483Private limited company (pre-2019)Open bankruptcy

Masto

Genkersteenweg 2 ·3500 Hasselt, Belgium· 8 yrs active

Sector: Accommodation (55100)

Conclusion Checked

A bankruptcy procedure is open for Masto according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-2k) and a net result of €14k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€-2k
Net result	€14k
Active	8 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

22 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 0

Solvency 50

Growth 58

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2021 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 10-01-2024 with the NBB · fiscal year 2022 · micro

Operating resultNet result

EBITDA

€29k

+137.7% 18-21

Net profit

€14k

- 18-21

Cash flow

€29k

+157.3% 18-21

Total assets

€88k

-47.9% 18-21

Equity

€-2k

-142.9% 18-21

Working capital

€9k

- 18-21

Employees (FTE)

0

- 18-21

Staff costs

€3k

- 18-21

Debt

€90k

-46.8% 18-21

Debt ≤ 1y

€79k

- 18-21

Debt > 1y

€90k

0.0% 18-21

Current ratio

1.11

- 18-21

Quick ratio

1.11

- 18-21

Solvency

-2.7%

-366.0% 18-21

Debt / equity

-37.91

+58.8% 18-21

ROE

-574.2%

- 18-21

ROA

15.6%

- 18-21

Interest coverage

1418.86

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Revenue	-
EBITDA	€29k
Net profit	€14k
Cash flow	€29k
Staff costs	€3k
Income taxes	-
Dividends	-
Total assets	€88k
Equity	€-2k
Debt	€90k
of which ≤ 1y	-
of which > 1y	€90k
Working capital	-
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	-
Quick ratio	-
Working capital ratio	-
Solvency	-2.7%
Debt / equity	-37.91
Long-term debt ratio	-37.91
Interest coverage	1418.86
Gross margin	-
Net margin	-
ROA	15.6%
ROE	-574.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €40k · 45.4% Current assets €48k · 54.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€88k
Fixed assets	21/28	€40k
Tangible fixed assets	22/27	€40k
Current assets	29/58	€48k
Amounts receivable within one year	40/41	€34k
Cash & bank	54/58	€740
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€88k
Equity	10/15	€-2k
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€-9k
Amounts payable	17/49	€90k
Amounts payable after one year	17	€90k
Income statement
Gross operating margin	9900	€32k
Operating result	9901	€14k
Financial income	75	€5
Financial charges	65	€20
Result before taxes	9903	€14k
Net result for the period	9904	€14k
Result to be appropriated	9905	€14k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	MARK HUYGEN RIEMSTERWEG 7A BUS 2, 3740 BILZEN-HOESELT	15-01-2026 → present	Belgian State Gazette
Curator	MARTINE CLAESEN RIEMSTERWEG 7A BUS 2, 3740 BILZEN-HOESELT-	15-01-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	Accommodation(55100)
Legal form	Private limited company (pre-2019)(015)
Incorporation	20-12-2017
Status	Active
Postal code	3500
First BS signal	26-01-2026
Latest BS signal	26-01-2026

Company structure, linked entities2 linked entities

Mandates

Establishment units 1 location

Masto

Genkersteenweg 2, 3500 HasseltBemiddelingsactiviteiten in verband met de niet-gespecialiseerde detailhandel

since 20182.275.245.262

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71323C0403/00D003	Flanders	790 m²	1 · 135 m²	12.9 m · 3 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.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

26-01-2026

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · MASTO BV GENKER- STEENWEG 2, 3500 HASSELT · event 15-01-2026

2024

10-01-2024