Pro Mastic

Active

Private limited companyfounded 20197 yrs activeSint-Annakerkstraat 79, 1081 Koekelberg, BelgiumKBO/BCE: BE 0722.804.705

Summary

The computed 12-month bankruptcy probability of Pro Mastic is 4.0% (moderate). The 2024 annual accounts show equity of €94k and a net result of €26k. Equity is growing by ~72.8% per year across the filed fiscal years. Its solvency ranks better than 31% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

48 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability79▲+20

Solvency54▲+19

Growth78=

Track record100

Bankruptcy probability, 12 months

4.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4.5k at 30 days acceptable

Liquidity tight (current ratio 1.42 against 1.1 in 2023; short-term debt: 65.6% and cash: 6.7% of total assets), and 70.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

29.3%

Return on assets

8.2%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

9 d early

2023

70 d late

2022

17 d early

2021

76 d late

2020

179 d late

2019

61 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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

Financials · fiscal year 2024, micro schema

Equity

€94k▲ 38.9%

2023 · €68k

2019: €10k 2020: €3k 2021: €16k 2022: €43k 2023: €68k

2019 → 2024

Total assets

€321k▼ 54.9%

2023 · €713k

2019: €12k 2020: €22k 2021: €37k 2022: €148k 2023: €713k

2019 → 2024

Net result

€26k▲ 5.8%

2023 · €25k

2019: €183 2020: €-7k 2021: €13k 2022: €26k 2023: €25k

2019 → 2024

Working capital

€88k▲ 42.7%

2023 · €62k

2019: €9k 2020: €2k 2021: €16k 2022: €41k 2023: €62k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€3k-€16k▲ 438%€43k▲ 161%€68k▲ 58.2%€94k▲ 38.9%

Operating result€-6k-€15k€34k▲ 124%€47k▲ 37.3%€39k▼ 16.5%

Net result€-7k-€13k€26k▲ 98.1%€25k▼ 5.7%€26k▲ 5.8%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 16% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €321k

93.1%

Fixed assets €22k ▼ 20.8%

Current assets €299k ▼ 56.3%

Equity and liabilities €321k

29.3%

70.7%

Equity €94k ▲ 38.9%

Debt €227k ▼ 64.8%

Debt's share of the balance-sheet total falls from 90.5% to 70.7%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€46k▼

2023 · €50k

Cash flow

€34k▲

2023 · €28k

Current ratio

1.42▲

2023 · 1.10

Debt to equity

2.41▼

2023 · 9.52

ROE

28.0%▼

2023 · 36.8%

ROA

8.2%▲

2023 · 3.5%

Interest coverage

24.77▲

2023 · 4.26

Debt ≤ 1 year

€211k▼

2023 · €623k

Debt > 1 year

€16k▼

2023 · €22k

Income taxes

€11k▲

2023 · €10k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines

Balance sheet Code20232024

Assets

Total assets20/58€713k€321k▼

Fixed assets21/28€28k€22k▼

Tangible fixed assets22/27€28k€22k▼

Plant, machinery and equipment23€828€936▲

Furniture and vehicles24€27k€21k▼

Current assets29/58€685k€299k▼

Amounts receivable within one year40/41€637k€278k▼

Trade receivables40€626k€257k▼

Other amounts receivable41€11k€21k▲

Cash at bank and in hand54/58€48k€22k▼

Equity and liabilities

Total equity and liabilities10/49€713k€321k▼

Equity10/15€68k€94k▲

Contributions10/11€10k€10k=

Outside capital11€10k€10k=

Other1109/19€10k€10k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Legal reserve130€2k€2k=

Profit (loss) carried forward14€56k€82k▲

Amounts payable17/49€645k€227k▼

Amounts payable after more than one year17€22k€16k▼

Financial debts170/4€22k€16k▼

Amounts payable within one year42/48€623k€211k▼

Current portion of amounts payable after more than one year42€6k€6k▲

Trade debts44€596k€179k▼

Suppliers440/4€596k€179k▼

Taxes, remuneration and social security45€15k€24k▲

Taxes450/3€10k€21k▲

Remuneration and social security454/9€5k€3k▼

Other amounts payable47/48€7k€2k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€7k▲

Other operating charges640/8€4k€4k▼

Gross operating margin9900€54k€50k▼

Operating profit (loss)9901€47k€39k▼

Financial income75/76B€0€2▲

Recurring financial income75€0€2▲

Financial charges65/66B€12k€2k▼

Recurring financial charges65€12k€2k▼

Profit (loss) for the period before taxes9903€35k€37k▲

Income taxes67/77€10k€11k▲

Profit (loss) for the period9904€25k€26k▲

Profit (loss) for the period to be appropriated9905€25k€26k▲

Appropriation of the result

Profit (loss) to be appropriated9906€56k€82k▲

Profit (loss) brought forward from the previous period14P€31k€56k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

2025

22-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

09-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 70 days late

2023

14-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2019net €26k ▲98.1%

Net result €26k, the highest in the series.

15-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 76 days late

26-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 179 days late

2021

31-12

Financial Back to profitnet €13k

Net result €13k after one loss-making year.

2020

31-12

Financial Weakest financial yearnet €-7k ▼4006%

Net result drops to €-7k, the lowest in the series; recovery starts the following year.

30-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 61 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 acts for this company are 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, Koekelberg · 1 establishment unit since 2019

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Sint-Annakerkstraat 791081 Koekelberg

Ground area

534 m²

Building footprint

224 m²

Volume, LiDAR

2,492 m³

2 parcels, Brussels · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Pro Mastic

Jules Besmestraat 159, 1081 KoekelbergSpecialised construction activities

since 20192.289.704.596

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21492B0115/00D027	Brussels	327 m²	1 · 128 m²	16.6 m · 4 fl.
21492B0085/00V009	Brussels	207 m²	1 · 95 m²	14.8 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

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ECOWEZ

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Lobbes · Eq €94,036

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,251 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-03-2019

Fiscal year end31-12

Activities, NACEBEL 2025

43990Other specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

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