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MASYDI

Active
Private limited companyfounded 20242 yrs activeAvenue des Démineurs 32, 4970 Stavelot, BelgiumKBO/BCE: BE 1005.485.370
Summary

The computed 12-month bankruptcy probability of MASYDI is 3.3% (moderate). The 2025 annual accounts show negative equity (-€75,196) and a net result of -€95,196. Its solvency ranks better than 9% of 4235 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability4
Solvency12
Growth-
Track record67
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.88; short-term debt: 103.1% and cash: 13.8% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-13.5%
Return on assets
-17.1%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 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
2025
28 d late
← before the deadline after the deadline →
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

MASYDI was incorporated on 1 February 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, full schema

Turnover
€3.9m
EBIT margin
-2.2%
Net result
-€95,196
Working capital
-€69,669
Balance-sheet composition
Assets €556,255
Fixed assets €51,007
Current assets €505,248
Key figures and ratios
2025 value
EBITDA
-€71,346
Cash flow
-€82,385
Solvency
-13.5%
Current ratio
0.88
Quick ratio
0.32
Debt to equity
-8.41
ROA
-17.1%
Interest coverage
-4.81
Debt
€632,581
Debt ≤ 1 year
€574,917
Debt > 1 year
€44,989
Income taxes
€138
Staff costs
€277,316

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,657 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 51 lines
Balance sheet Code2025
Assets
Total assets20/58€557,385
Formation expenses20€1,130
Fixed assets21/28€51,007
Intangible fixed assets21€1
Tangible fixed assets22/27€51,006
Plant, machinery and equipment23€16,068
Furniture and vehicles24€34,938
Current assets29/58€505,248
Stocks and contracts in progress3€321,661
Stocks30/36€321,661
Amounts receivable within one year40/41€94,398
Trade receivables40€62,965
Other amounts receivable41€31,433
Cash at bank and in hand54/58€76,915
Deferred charges and accrued income490/1€12,274
Equity and liabilities
Total equity and liabilities10/49€557,385
Equity10/15-€75,196
Contributions10/11€20,000
Outside capital11€20,000
Other1109/19€20,000
Profit (loss) carried forward14-€95,196
Amounts payable17/49€632,581
Amounts payable after more than one year17€44,989
Financial debts170/4€44,989
Amounts payable within one year42/48€574,917
Current portion of amounts payable after more than one year42€22,438
Financial debts43€50,000
Credit institutions430/8€50,000
Trade debts44€488,160
Suppliers440/4€488,160
Taxes, remuneration and social security45€14,319
Taxes450/3€477
Remuneration and social security454/9€13,842
Accrued charges and deferred income492/3€12,675
Income statement Code2025
Turnover70€3.9m
Goods, raw materials, services and sundry goods60/61€3.9m
Remuneration, social security and pensions62€277,316
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,811
Other operating charges640/8€17,323
Gross operating margin9900€223,293
Operating profit (loss)9901-€84,157
Financial income75/76B€3,942
Recurring financial income75€3,942
Financial charges65/66B€14,843
Recurring financial charges65€14,843
Profit (loss) for the period before taxes9903-€95,058
Income taxes67/77€138
Profit (loss) for the period9904-€95,196
Profit (loss) for the period to be appropriated9905-€95,196
Appropriation of the result
Profit (loss) to be appropriated9906-€95,196
Social balance
Average headcount (FTE)90878.3

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€3.9m
Goods, raw materials, services and sundry goods60/61€3.9m
Remuneration, social security and pensions62€277,316
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,811
Other operating charges640/8€17,323
Gross operating margin9900€223,293
Operating profit (loss)9901-€84,157
Financial income75/76B€3,942
Recurring financial income75€3,942
Financial charges65/66B€14,843
Recurring financial charges65€14,843
Profit (loss) for the period before taxes9903-€95,058
Income taxes67/77€138
Profit (loss) for the period9904-€95,196
Profit (loss) for the period to be appropriated9905-€95,196
Line2025
Assets
Total assets20/58€557,385
Formation expenses20€1,130
Fixed assets21/28€51,007
Intangible fixed assets21€1
Tangible fixed assets22/27€51,006
Plant, machinery and equipment23€16,068
Furniture and vehicles24€34,938
Current assets29/58€505,248
Stocks and contracts in progress3€321,661
Stocks30/36€321,661
Amounts receivable within one year40/41€94,398
Trade receivables40€62,965
Other amounts receivable41€31,433
Cash at bank and in hand54/58€76,915
Deferred charges and accrued income490/1€12,274
Equity and liabilities
Total equity and liabilities10/49€557,385
Equity10/15-€75,196
Contributions10/11€20,000
Outside capital11€20,000
Other1109/19€20,000
Profit (loss) carried forward14-€95,196
Amounts payable17/49€632,581
Amounts payable after more than one year17€44,989
Financial debts170/4€44,989
Amounts payable within one year42/48€574,917
Current portion of amounts payable after more than one year42€22,438
Financial debts43€50,000
Credit institutions430/8€50,000
Trade debts44€488,160
Suppliers440/4€488,160
Taxes, remuneration and social security45€14,319
Taxes450/3€477
Remuneration and social security454/9€13,842
Accrued charges and deferred income492/3€12,675
Line2025
Profit (loss) for the period9904-€95,196
+ Depreciation and write-downs630€12,811
Operating cash flow (approximation)-€82,385

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

2025
28-11
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Stavelot · 1 establishment unit since 2024
seat establishment approximate The establishment unit on the map
Ground area
1,185 m²
Building footprint
315 m²
Parcel 63073B2293/00T003, Wallonia. Linked by address, not a title deed.
1 establishment unit
MASYDI
Avenue des Démineurs 32, 4970 StavelotSupermarkets
since 20242.356.000.534
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63073B2293/00T003 Wallonia 1,185 m² 1 · 315 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Stavelot2.356.000.534
1 permission
Toelating · Detailhandel · since 18-03-2024

Similar companies · same sector, comparable size

Of 10,510 companies in sector 47110 we hold annual accounts for 5,854. 1,945 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-02-2024
Fiscal year end31-03
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Contact
E-mail didierleclercq58@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005485370
Also 9925:BE1005485370
Registered 01-04-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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