Age3 yrs
Real estate1 parcel · 1.0 ha
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Massarecruit is 1.3% (low). The 2024 annual accounts show negative equity (€-2k) and a net result of €-6k. Its solvency ranks better than 5% of 413 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.3%
Low
0%0,5%1,5%4%10%≥25%
Young company
+Lower-failure-rate sector
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideFiled more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-12-2025, 143 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2024 | 31-07-2025 | 21-12-2025 | 143 d late | 2025-00586817 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-6k
Working capitalNot included in this filing
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 21-12-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 78 · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -536686.1% | 54.7% | |
| Net result | €-6k | €19k | |
| Equity | €-2k | €45k | |
| Gross operating margin | €-6k | €43k | |
| Total assets | €0 | €89k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-6k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €0 |
| Equity | €-2k |
| Debt | €2k |
| of which ≤ 1y | - |
| of which > 1y | €2k |
| Working capital | - |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | - |
| Quick ratio | - |
| Working capital ratio | - |
| Solvency | -536686.1% |
| Debt / equity | -1.00 |
| Long-term debt ratio | -1.00 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -1647797.2% |
| ROE | 307.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €0 |
| Current assets | 29/58 | €0 |
| Cash & bank | 54/58 | €0 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €0 |
| Equity | 10/15 | €-2k |
| Contributions / capital | 10/11 | €4k |
| Accumulated profits (losses) | 14 | €-6k |
| Amounts payable | 17/49 | €2k |
| Amounts payable after one year | 17 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €-6k |
| Operating result | 9901 | €-6k |
| Result before taxes | 9903 | €-6k |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
Ratios computed by Checked.
Health barometer
FY 2024 · computedNo health score: the filing is too brief
The accounts filed for FY 2024 supply 2 of the 6 factors this model weighs. Below 3 we publish no score, because it would mostly describe the model rather than this company.
This is not a judgement about the company. Micro and abbreviated schemas may omit turnover (rubriek 70), which makes the EBITDA margin and often the interest coverage impossible to compute.
Directors
Directors & mandates
1 directorFormer directors (1)
-
Former- → 01-09-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Arbeidsbemiddeling(78100) |
| Legal form | Private limited company(610) |
| Incorporation | 26-06-2023 |
| Status | Active |
| Postal code | 2160 |
Structure & network
Locations & real estate
Establishment units
1 locationMassa Recruit
since 20232.347.437.414
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1.0 ha
Buildings1
Building footprint2,289 m²
Volume (LiDAR)25,507 m³
Tallest building14.7 m · ±4 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0585/00T002 | Flanders | 1.0 ha | 1 · 2,288 m² | 14.7 m · 4 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
3 acts Address history · 1
06-05-2026
Seat change: new_address: Nijverheidsstraat 70, 2160 Wommelgem, old_address: Shildstraet2, 2140 Borger hout, effective_date: 2026-03-29
All acts · 3
updated 3 months ago
2026
06-05-2026 Seat change · Board meeting · Act object
- Seat change: new_address: Nijverheidsstraat 70, 2160 Wommelgem, old_address: Shildstraet2, 2140 Borger hout, effective_date: 2026-03-29 · MassaRecruit BV
- Board meeting: date: 2026-03-15, decision: seat_change · MassaRecruit BV
- Filing: date: 2026-04-09, court: Ondernemingsrechtbank Antwerpen · MassaRecruit BV
- Publication: date: 2026-05-06, publication: Belgisch Staatsblad · MassaRecruit BV
- Act object: Aanpassing Maatschappelijke zetel Schildstraat 2, 2140
Summary:
Seat change · Board meeting · Act object
2024
18-12-2024 Ilyas Ibannamaran resigns as director
2023
28-06-2023 Incorporation of a new BV
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes76
/ 100
This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.
Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.
Health
-
Profitability
100
Solvency
50
Growth
-
Stability
79
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Primary activity highlighted.
Names & trade names
| Legal nameNL | Massarecruit |
Registered office
Nijverheidsstraat 70
2160 Wommelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.