Equity
-€49,427
Debts exceed assets in financial year 2024.
MASUM
Lifetime
5 annual accounts with figures on one time axispeak €203,152 (2023)
€185,107▼ 8.9%
lowest -€19,681 (2020)
-€2,251▲ €7,447
peak -€14,681 (2020)
-€49,427▼ €2,251
€106,352▲ 45.1%
Board1 name since 2019
-
Documentsfilings and deeds
13-03-2026225 days late
2024micro format
Gross margin from €33,543 to €44,039Loss of €2,251Debts from €73,286 to €106,352Cash from €455 to €1,303
Key points
from the 2024 annual accountsLosses
-€54,427 in five years
Every financial year from 2020 to 2024 closed with a loss. 2020 was the heaviest.
Debts
€106,352 187% of the balance sheet
Suppliers 56%Taxes and wages 44%
Payment terms
153 days to suppliers
MASUM pays its suppliers 64 days later than in 2023. Customers pay 3 days later.
Filings
5 annual accounts 106 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€49,427
Less equity than 91% of companies in retail trade. Sector median €39,202 · 25,694 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,565 companies had the same profile as MASUM has now. Each dot stands for 4 companies, two years later.
88.8%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,565 companies, not a prediction for MASUM. 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
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Signals
Board and ownership
last known boardDirector, last mentioned in 2019
- founderdeed of 16-09-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0733730368
First establishment
Bergstraat 66, Brussels
Incorporation
Founder: (comparant) · 100 shares · Appointment: (director) · published on 16-09-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MASUM Brussels | €185,107 | -1.2% | -86.8% | - |
| SS BROTHERS Sint-Gillis (bij-Brussel) | €386,281 | 1.3% | -19.7% | - |
| GUJRAT Anderlecht | €448,172 | 2.4% | 30.4% | - |
| MINA Brussels | - | - | -7.3% | - |
| CIAO 7 Molenbeek-Saint-Jean | €836,060 | 1.0% | -39.9% | - |
| LA FERME LAROCK Neupré | €225,630 | -2.3% | 44.0% | - |
| LINAYA Ans | - | - | 25.8% | - |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as MASUM: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €51,600 and €69,200, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 05-09-2019Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 2 others
- Establishment unit
- 2.293.764.2451000 Brussels, since 09-09-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Insights on MASUM
MASUM has existed since 2019. Turnover grew from €153,450 in 2020 to €185,107 in 2024.
Solvency rose in 2024 from -180.7% to -86.8%.
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 MASUM
- What is the company number of MASUM?
- The company number of MASUM is 0733.730.368. The VAT number is the same number with BE in front: BE 0733.730.368.
- Where is MASUM based?
- The registered office is at Bergstraat 66, 1000 Brussels.Company details
- What does MASUM do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of MASUM?
- MASUM is a private limited company (BV).
- When was MASUM founded?
- MASUM was founded on 05-09-2019.
- Is MASUM still active?
- Yes, MASUM is an active enterprise in the KBO register.
- What is the turnover of MASUM?
- The turnover of MASUM was €185,107 in financial year 2024, according to the filed annual accounts.Financials
- Is MASUM profitable?
- In financial year 2024, MASUM made a loss of €2,251.
- Where can I find the annual accounts of MASUM?
- MASUM filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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