Skip to content

NEW MASTICO

Active
Private limited companyfounded 200224 yrs activeGoorstraat 58, 2200 Herentals, BelgiumKBO/BCE: BE 0477.996.697
Summary

NEW MASTICO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129,367 and a net result of -€18,568. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 61% of 12918 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch ReportCompare
NEW MASTICOActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Activity
Wholesale trade
NACE 46496NACE 51476
1 site
Size
€234,904total assets 2025
Equity
€129,367
Loss
-€18,568
Turnover not published (abridged schema)
Financial health
82 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Structure
Accounts 60 d early0 of 3 deeds read
Why 82- Loss of €18,568, the second in a row (FY 2025)+ Founded in 2002+ Size: total assets €234,904+ Equity €129,367 (55.1% of total assets)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Better than 33% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 80-20
equity 55.1% of total assets
Liquidity 39-26
short-term debt 44.9% · cash 8.3%
Profitability 28-35
return on assets -7.9%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,788 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%● 0.0% vs 01-2025 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.2%▲ +12.4% vs 03-2025 05-2025: 0.2%▼ -0.6% vs 04-2025 06-2025: 0.2%▲ +2.2% vs 05-2025 07-2025: 0.1%▼ -42.4% vs 06-2025lowest value 08-2025: 0.1%● 0.0% vs 07-2025lowest value 09-2025: 0.1%● 0.0% vs 08-2025lowest value 10-2025: 0.1%● 0.0% vs 09-2025lowest value 11-2025: 0.1%● 0.0% vs 10-2025lowest value 12-2025: 0.1%● 0.0% vs 11-2025lowest value 01-2026: 0.1%● 0.0% vs 12-2025lowest value 02-2026: 0.1%● 0.0% vs 01-2026lowest value 03-2026: 0.1%● 0.0% vs 02-2026lowest value 04-2026: 0.1%▲ +9.4% vs 03-2026 05-2026: 0.1%▼ -3.4% vs 04-2026 06-2026: 0.1%▲ +1.8% vs 05-2026 07-2026: 0.4%▲ +223% vs 06-2026highest value 08-2026: 0.4%● 0.0% vs 07-2026highest value 09-2026: 0.4%● 0.0% vs 08-2026highest value 10-2026: 0.4%● 0.0% vs 09-2026highest value
  • Loss of €18,568, the second in a row (FY 2025) raises the probability
  • Founded in 2002 lowers the probability for this profile
  • Size: total assets €234,904 lowers the probability for this profile
  • Equity €129,367 (55.1% of total assets) lowers the probability
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.5 against 3.03 in 2024; short-term debt: 44.9% and cash: 8.3% of total assets), and 44.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 62%, liquidity 36%, profitability 25%, growth against the median 11%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €18,568, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2002
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: total assets €234,904
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Equity €129,367 (55.1% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 -€18,568
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 d early
2024
56 d early
2023
20 d early
2022
3 d early
2021
30 d early
2020
24 d early
2019
126 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€18,568
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€18,568 View
  • Caution: Among the weakest 12% on net resultsector median €5,584 · 12,926 companies -€18,568 View
  • Caution: Equity fell in 2025from €231,465 to €129,367 ▼ 44.1% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€234,904
Loss
-€18,568
Solvency
55.1%
Total assets▼ 22.1%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 01-06-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 05-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale tradeNACE 46496
Founded
16-07-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure