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Meubles MASSART

Active
Private limited companyfounded 1999active for 27 yearsChaussée de Marche(JB) 636, 5100 Namur, BelgiumKBO/BCE: BE 0465.488.152
Summary

Meubles MASSART has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €371,652 and a net result of -€20,408. Equity has been growing by about 2.7% per year since 2018. Its solvency ranks better than 82% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-03-1999 Normal situation
Activity
Wholesale of non-electrical household articles NACE 46494and 3 others
Establishment unit
2.244.414.407 5100 Namur, since 01-07-2015
Financial year end
31 December
Peppol
Reachable since 27-03-2026

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€921,717
▼ 10.4%
Loss
€20,408
▼ 24.0%
Equity
€371,652
▼ 7.6%
Total assets
€478,435
▼ 5.2%
Employees on 31-12-2025
1
=
Score breakdownraises riskLoss of €20,408, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 5.00, cash €103,495Equity €371,652 (77.7% of total assets)Founded in 1999Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 77.7% of total assets
Liquidity 73+3
short-term debt 16.4% · cash 21.6%
Profitability 21+6
return on assets -4.3%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026highest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.0 (6.13 in 2024), above the usual 1.5. Short-term debt is 16.4% and cash 21.6% of total assets. 22.3% of the assets are financed with debt and provisions.
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 46, micro). It does better than 90% of them on solvency, 77% on liquidity, 22% on profitability and 31% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €20,408, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.00, cash €103,495
NBB · annual accounts
lowers risk · Equity €371,652 (77.7% of total assets)
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€20,408
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
21 days early
2023
14 days early
2022
14 days early
2021
23 days early
2020
25 days late
2019
38 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 14 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€20,408 View
  • Caution: Lower net result than 84% of companies in wholesale tradesector median €26,857 · 9,824 companies -€20,408 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Changes of role: MASSART Marc Richard Anne Ghislain (director) and RASE Lisbeth Andrée Marie-Louise (director)Permanent representative: RASE Lisbeth Andrée Marie-Louise
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as Meubles MASSART: wholesale of non-electrical household articles (NACE 46494). They are comparable in size and age: total assets between €337,000 and €798,000, founded between 1997 and 2004.

CompanyTotal assetsGross margin
Meubles MASSART Namur€478,435€34,517
ESPACE SALON Profondeville€581,290€48,838
DW Group Putte€337,444€56,779
J.&E. VAN CRAEN Brussel€441,367€85,220
EURO - DECO Zoersel€798,340€90,172
CEILUX Oudenaarde€693,332€37,190
HOME PHILOSOPHIES Mol€360,488€107,526
Full comparison

Key facts about Meubles MASSART

What is the company number of Meubles MASSART?
The company number of Meubles MASSART is 0465.488.152. The VAT number is the same number with BE in front: BE 0465.488.152.
Where is Meubles MASSART based?
The registered office is at Chaussée de Marche(JB) 636, 5100 Namur.Company details
What does Meubles MASSART do?
According to the KBO register, the main activity is wholesale of non-electrical household articles (NACE 46494).
What is the legal form of Meubles MASSART?
The legal form of Meubles MASSART is Private limited company (BV).
When was Meubles MASSART founded?
Meubles MASSART was founded on 23-03-1999.
Is Meubles MASSART still active?
Yes, Meubles MASSART is an active enterprise in the KBO register.
How many employees does Meubles MASSART have?
Meubles MASSART had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Meubles MASSART?
The turnover of Meubles MASSART was €921,717 in financial year 2025, according to the filed annual accounts.
Is Meubles MASSART profitable?
In financial year 2025, Meubles MASSART made a loss of €20,408.
Where can I find the annual accounts of Meubles MASSART?
Meubles MASSART filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Meubles MASSART due?
Meubles MASSART must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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