MAASBIJ
ActiveMAASBIJ has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.00M and a net result of €554k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability79▼-2
Solvency97▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €430k at 30 days acceptable
Liquidity ample (current ratio 7.7 against 11.71 in 2022; short-term debt: 8.7% and cash: 16.4% of total assets), and 28.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Sector 88
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
71.7%
Return on assets
7.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
35 d early
2022
67 d early
2021
45 d early
2020
37 d early
2019
18 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€5.00M▲ 96.8%
2022 · €2.54M
2018: €1.54M
2019: €1.87M
2020: €2.18M
2021: €2.31M
2022: €2.54M
2018 → 2024
Total assets
€6.97M▲ 150%
2022 · €2.79M
2018: €1.82M
2019: €2.17M
2020: €2.42M
2021: €2.56M
2022: €2.79M
2018 → 2024
Net result
€554k▲ 103%
2022 · €273k
2018: €235k
2019: €302k
2020: €345k
2021: €165k
2022: €273k
2018 → 2024
Working capital
€4.05M▲ 95.3%
2022 · €2.07M
2018: €1.44M
2019: €1.38M
2020: €1.75M
2021: €1.97M
2022: €2.07M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Equity€1.87M-€2.18M▲ 16.4%€2.31M▲ 5.8%€2.54M▲ 10.2%€5.00M▲ 96.8%
Operating result€302k-€382k▲ 26.5%€56k▼ 85.3%€239k▲ 326%€483k▲ 102%
Net result€302k-€345k▲ 14.2%€165k▼ 52.1%€273k▲ 65.2%€554k▲ 103%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €483k in 2024, compared with €239k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €6.97M
Fixed assets
€2.32M▲ 341%
Current assets
€4.65M▲ 105%
Equity and liabilities €6.97M
Equity
€5.00M▲ 96.8%
Provisions
€27k▼ 55.0%
Debt
€1.95M▲ 906%
The debt ratio rises from 6.9% to 27.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€593k▲
2022 · €333k
Cash flow
€664k▲
2022 · €367k
Solvency
71.7%▼
2022 · 90.9%
Current ratio
7.70▼
2022 · 11.71
Quick ratio
7.40▼
2022 · 11.46
Debt / equity
0.39▲
2022 · 0.08
ROE
11.1%▲
2022 · 10.8%
ROA
7.9%▼
2022 · 9.8%
Interest coverage
14.46▼
2022 · 65.41
Debt
€1.95M▲
2022 · €194k
Debt ≤ 1 year
€605k▲
2022 · €194k
Debt > 1 year
€1.34M
Staff costs
€2.71M▲
2022 · €1.14M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2022
Balance sheet
Code20222024
Assets
Total assets20/58€2.79M€6.97M▲
Fixed assets21/28€526k€2.32M▲
Tangible fixed assets22/27€526k€2.32M▲
Land and buildings22€399k€399k=
Plant, machinery and equipment23€92k€132k▲
Furniture and vehicles24€35k€155k▲
Assets under construction and advance payments27-€1.63M
Financial fixed assets28€500€1k▲
Current assets29/58€2.27M€4.65M▲
Stocks and contracts in progress3€50k€181k▲
Stocks30/36€50k€173k▲
Contracts in progress37-€7k
Amounts receivable within one year40/41€177k€576k▲
Trade receivables40€82k€369k▲
Other amounts receivable41€95k€207k▲
Current investments50/53-€2.75M
Cash at bank and in hand54/58€2.04M€1.14M▼
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€2.79M€6.97M▲
Equity10/15€2.54M€5.00M▲
Reserves13€643k€1.45M▲
Profit (loss) carried forward14€1.86M€3.51M▲
Investment grants15€36k€39k▲
Provisions and deferred taxes16€60k€27k▼
Provisions for liabilities and charges160/5€60k€27k▼
Other liabilities and charges164/5€60k€27k▼
Amounts payable17/49€194k€1.95M▲
Amounts payable after more than one year17-€1.34M
Financial debts170/4-€1.34M
Amounts payable within one year42/48€194k€605k▲
Current portion of amounts payable after more than one year42-€128k
Trade debts44€39k€77k▲
Suppliers440/4€39k€77k▲
Taxes, remuneration and social security45€155k€340k▲
Taxes450/3€38k€68k▲
Remuneration and social security454/9€117k€271k▲
Income statement
Code20222024
Non-recurring operating income76A-€19k
Remuneration, social security and pensions62€1.14M€2.71M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93k€110k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€73k
Other operating charges640/8€22k€16k▼
Gross operating margin9900€1.50M€3.36M▲
Operating profit (loss)9901€239k€483k▲
Financial income75/76B€39k€112k▲
Recurring financial income75€39k€112k▲
Non-recurring financial income76B-€0
Financial charges65/66B€5k€41k▲
Recurring financial charges65€5k€41k▲
Profit (loss) for the period before taxes9903€273k€554k▲
Profit (loss) for the period9904€273k€554k▲
Profit (loss) for the period to be appropriated9905€273k€554k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.99M€3.64M▲
Profit (loss) brought forward from the previous period14P€1.72M€3.08M▲
From contributions791-€0
To contributions691€132k€123k▼
Social balance
Average headcount (FTE)908739.087.4▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €554k ▲103%
Operating result €483k, net result €554k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €165k ▼52.1%
Net result drops to €165k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2MEq €2.18M ▲16.4%
3 profitable years in a row build equity to €2.18M.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Maasmechelen · 2 establishment units since 2006
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.
Industrielaan(M) 1053630 MaasmechelenGround area
1.3 ha
Building footprint
3,134 m²
Volume, LiDAR
19,593 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Maasbij vzw
since 20062.157.381.849
Maasbij
since 20252.375.763.887
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73060B0020/00M000 | Flanders | 1.2 ha | 1 · 2,986 m² | 7.5 m · 2 fl. |
| 73048B1160/00P000 | Flanders | 638 m² | 1 · 149 m² | 5.0 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 24 entries · 4,847,824 EUR awarded · 4,766,931 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 7 | 1,581,492 EUR | 1,600,992 EUR |
| 2024 | 6 | 1,500,598 EUR | 1,541,406 EUR |
| 2023 | 6 | 1,243,310 EUR | 1,174,041 EUR |
| 2022 | 5 | 522,424 EUR | 450,492 EUR |
Schemes
Erkenning en subsidiëring als maatwerkafdeling
Subsidies voor de omkadering van arbeidszorgmedewerkers (stopgezet)
Vlaams opleidingsverlof (VOV)
Maatschappelijk Verantwoord Ondernemen (MVO)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Show 2 more
Subsidies aan begeleiders van arbeidsmatige activiteiten
Managementadvies
Recognitions · licences · registrations
Recognised contractor
1 categoryMAASBIJ VZW41492
Care and welfare
1 serviceMAASBIJ
Recognised sheltered-work company
1 live approvalRecognised sheltered-work company
Quality registration as a provider
1 live approvalQuality registration as a provider
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Of 284 companies in sector 88993 we hold annual accounts for 246. 205 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded11-01-1999
Fiscal year end31-12
Activities, NACEBEL
88993Social work activities without accommodation
16240Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
31009Manufacture of furniture
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.