Active BE 0452.708.205Public limited company

MASTRA PUMPS

Tegelrijstraat 191 ·3850 Nieuwerkerken (Limb.), Belgium· 32 yrs active

Sector: Groothandel in gereedschapswerktuigen (46620)

Conclusion Checked

The computed 12-month bankruptcy probability of MASTRA PUMPS is 0.3% (very low). The 2024 annual accounts show equity of €935k and a net result of €107k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 969 sector peers (fiscal year 2024). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€935k
Net result	€107k
Staff (FTE)	1
Better than sector	95%

Snowflake analysis 5 of 5 axes measured · computed by Checked

87 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 57

Solvency 100

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

Long track record −Lower-risk legal form −Higher-failure-rate sector +

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

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1994, 32 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 Flags0 events

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.

Health barometer FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~13.6%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

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 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	92.5%	27.3%	better than 95% of 969 sector peers
Net result	€107k	€23k	better than 71% of 969 sector peers
Equity	€935k	€170k	better than 81% of 969 sector peers
Gross operating margin	€214k	€174k	better than 55% of 967 sector peers
Staff costs	€43k	€166k	higher than 17% of 597 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€157k

-1.5% 18-24

Net profit

€107k

+3.9% 18-24

Cash flow

€119k

-2.5% 18-24

Total assets

€1.01M

-1.0% 18-24

Equity

€935k

+13.0% 18-24

Working capital

€842k

+13.7% 18-24

Employees (FTE)

1

-50.0% 18-24

Staff costs

€43k

-30.8% 18-24

Income taxes

€42k

+11.6% 18-24

Dividends

€50k

- 18-24

Debt

€76k

-60.8% 18-24

Debt ≤ 1y

€75k

-57.2% 18-24

Debt > 1y

€18k

-72.4% 18-24

Current ratio

12.25

+134.0% 18-24

Quick ratio

4.91

+108.1% 18-24

Solvency

92.5%

+14.2% 18-24

Debt / equity

0.08

-65.3% 18-24

ROE

11.5%

-8.1% 18-24

ROA

10.6%

+5.0% 18-24

Interest coverage

50.82

-1.8% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	-
EBITDA	€157k
Net profit	€107k
Cash flow	€119k
Staff costs	€43k
Income taxes	€42k
Dividends	-
Total assets	€1.01M
Equity	€935k
Debt	€76k
of which ≤ 1y	€75k
of which > 1y	-
Working capital	€842k
Employees (FTE)	1.0

Ratios (computed)

	2024
Current ratio	12.25
Quick ratio	4.91
Working capital ratio	83.4%
Solvency	92.5%
Debt / equity	0.08
Long-term debt ratio	-
Interest coverage	50.82
Gross margin	-
Net margin	-
ROA	10.6%
ROE	11.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €93k · 9.2% Current assets €917k · 90.8%

Equity & liabilities

Equity €935k · 92.5% Debt €76k · 7.5%

Full annual accounts

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

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.01M
Fixed assets	21/28	€93k
Intangible fixed assets	21	€4k
Tangible fixed assets	22/27	€89k
Current assets	29/58	€917k
Stocks & contracts in progress	3	€549k
Amounts receivable within one year	40/41	€161k
Cash & bank	54/58	€194k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.01M
Equity	10/15	€935k
Contributions / capital	10/11	€62k
Reserves	13	€873k
Amounts payable	17/49	€76k
Amounts payable within one year	42/48	€75k
Trade debts payable within one year	44	€19k
Income statement
Gross operating margin	9900	€214k
Operating result	9901	€145k
Financial income	75	€7k
Financial charges	65	€3k
Result before taxes	9903	€149k
Income taxes	67/77	€42k
Net result for the period	9904	€107k
Result to be appropriated	9905	€107k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

DOMEN Bianca
Director
State Gazette act 24309882 (05-01-2024)

Current
05-01-2024 → present
STRAUWEN Mario
Director
State Gazette act 24309882 (05-01-2024)

Current
05-01-2024 → present

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.

Legal Structure

NACE primary	Groothandel in gereedschapswerktuigen(46620)
Legal form	Public limited company(014)
Incorporation	19-05-1994
Status	Active
Postal code	3850

Establishment units 1 location

Tegelrijstraat 191, 3850 Nieuwerkerken (Limb.)

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

since 19942.067.152.746

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.
71045A0107/00E000	Flanders	2,416 m²	1 · 972 m²	6.0 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.

Updates 11 events

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

2025

27-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

25-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

05-01-2024

State Gazette act Capital & shares

Herbert HOUBEN

2023

20-09-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

26-09-2022

NBB filing Annual accounts filed

fiscal year 2021 · verkort

2021

06-10-2021

NBB filing Annual accounts filed

fiscal year 2020 · verkort

2020

05-11-2020

NBB filing Annual accounts filed

fiscal year 2019 · verkort

2019

20-08-2019

NBB filing Annual accounts filed

fiscal year 2018 · verkort

2018

20-08-2018

NBB filing Annual accounts filed

fiscal year 2017 · verkort

2017

22-08-2017

NBB filing Annual accounts filed

fiscal year 2016 · verkort

2016

08-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad, acts 1 acts

Capital history · 1

05-01-2024

Capital change

All acts · 1 updated 2 years ago

2024

05-01-2024 All shares are now held by a single shareholder Capital & shares·Herbert HOUBEN

Notary: Herbert HOUBEN · Genk

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": "Herbert HOUBEN",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Genk",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-01-05",
    "filing_date": "2024-01-03",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2023-12-13",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0452.708.205",
    "name_full": "MASTRA PUMPS",
    "legal_form": "Naamloze vennootschap",
    "is_foreign_registered": true
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "expedition",
    "geco\u00F6rdineerde statuten"
  ],
  "shareholders_after": [],
  "share_classes_after": []
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Groothandel in gereedschapswerktuigen46620Groothandel in gereedschapswerktuigen46620Groothandel in andere machines en werktuigen, neg46649Groothandel in andere machines en werktuigen, n.e.g.46699Groothandel in gereedschapswerktuigen51810Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv51872

Primary activity highlighted.

Names & trade names

Legal nameNL

MASTRA PUMPS

Registered office

Tegelrijstraat 191

3850 Nieuwerkerken (Limb.), Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

Similar companies Comparable size · 56 of 833 companies in this sector with filed accounts

ETABLISSEMENTS SCHENE S.A BE 0425.077.160 · Herve

MULTITASK INDUSTRIES BE 0448.195.032 · Zelzate

SYNC SOLUTIONS BE 0438.067.737 · Fleurus

Borifa BE 0400.797.169 · Willebroek

PRODIM BE 0421.305.939 · Brussel