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MASSED

Active
Private limited companyfounded 201016 yrs activeMolenhuisstraat 44, 9800 Deinze, BelgiumKBO/BCE: BE 0827.926.969
Summary

MASSED has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €2k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
74 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 5.01 against 2.96 in 2024; short-term debt: 4.6% and cash: 1.9% of total assets), and 5.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.9%
Return on assets
0.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
2 d early
2023
4 d early
2022
6 d early
2021
2 d early
2020
22 d early
2019
23 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close25-09-2026 today31-10-2026 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

Financials · fiscal year 2025, micro schema

Equity
€1.06M▲ 0.1%
2024 · €1.06M
2019: €798k 2020: €857k 2021: €907k 2022: €1.04M 2023: €1.05M 2024: €1.06M
2019 → 2025
Total assets
€1.12M▼ 3.7%
2024 · €1.16M
2019: €956k 2020: €952k 2021: €980k 2022: €2.60M 2023: €1.26M 2024: €1.16M
2019 → 2025
Net result
€2k▼ 67.6%
2024 · €5k
2019: €88k 2020: €59k 2021: €50k 2022: €129k 2023: €17k 2024: €5k
2019 → 2025
Working capital
€206k▲ 3.5%
2024 · €199k
2019: €-141k 2020: €-80k 2021: €-35k 2022: €-333k 2023: €194k 2024: €199k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€907k-€1.04M▲ 14.2%€1.05M▲ 1.6%€1.06M▲ 0.5%€1.06M▲ 0.1%
Operating result€61k-€184k▲ 201%€40k▼ 78.1%€7k▼ 83.1%€8k▲ 12.8%
Net result€50k-€129k▲ 158%€17k▼ 87.1%€5k▼ 70.6%€2k▼ 67.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €61k€61kNet result 2021: €50k€50kOperating result 2022: €184k€184kNet result 2022: €129k€129kOperating result 2023: €40k€40kNet result 2023: €17k€17kOperating result 2024: €7k€7kNet result 2024: €5k€5kOperating result 2025: €8k€8kNet result 2025: €2k€2k20212022202320242025€0€20k€40kOperating result 2023: €40k€40kNet result 2023: €17k€17kOperating result 2024: €7k€6.8kNet result 2024: €5k€4.9kOperating result 2025: €8k€7.7kNet result 2025: €2k€1.6k202320242025
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.12M
Fixed assets €858k =
Current assets €258k ▼ 14.4%
Equity and liabilities €1.12M
Equity €1.06M ▲ 0.1%
Debt €57k ▼ 44.2%
Debt's share of the balance-sheet total falls from 8.8% to 5.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
5.01▲
2024 · 2.96
Debt to equity
0.05▼
2024 · 0.10
ROE
0.1%▼
2024 · 0.5%
ROA
0.1%▼
2024 · 0.4%
Debt ≤ 1 year
€51k▼
2024 · €102k
Income taxes
€593▼
2024 · €2k
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 · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.16M€1.12M▼
Fixed assets21/28€858k€858k=
Tangible fixed assets22/27€59k€59k=
Leasing and similar rights25€59k€59k=
Financial fixed assets28€799k€799k=
Current assets29/58€301k€258k▼
Amounts receivable within one year40/41€289k€237k▼
Trade receivables40€144k€145k▲
Other amounts receivable41€144k€92k▼
Cash at bank and in hand54/58€12k€21k▲
Deferred charges and accrued income490/1€136€136▲
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.12M▼
Equity10/15€1.06M€1.06M▲
Contributions10/11€100k€100k=
Reserves13€957k€959k▲
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Distributable reserves133€947k€949k▲
Amounts payable17/49€102k€57k▼
Amounts payable within one year42/48€102k€51k▼
Trade debts44€45€895▲
Suppliers440/4€45€895▲
Taxes, remuneration and social security45€2k€593▼
Taxes450/3€2k€593▼
Other amounts payable47/48€100k€50k▼
Accrued charges and deferred income492/3-€5k
Income statement Code20242025
Non-recurring operating income76A€6k€0▼
Other operating charges640/8€1k€141▼
Gross operating margin9900€8k€8k▼
Operating profit (loss)9901€7k€8k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€128€5k▲
Recurring financial charges65€128€5k▲
Profit (loss) for the period before taxes9903€7k€2k▼
Income taxes67/77€2k€593▼
Profit (loss) for the period9904€5k€2k▼
Profit (loss) for the period to be appropriated9905€5k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€2k▼
Transfer to equity691/2€5k€2k▼
To other reserves6921€5k€2k▼

The notes to these accounts (6 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

Next filing, fiscal year 2026, expected by 31-10-2026
2025
31-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet €2k ▼67.6%
Net result drops to €2k, the lowest in the series.
2024
29-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
27-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Liquidity quadruplescurrent ratio 1.93
Current ratio from 0.48 to 1.93; short-term debt falls from €646k to €209k.
2022
25-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial Highest result since 2019net €129k ▲158%
Operating result €184k, net result €129k, both a record.
31-03
Financial Equity above €1MEq €1.04M ▲14.2%
4 profitable years in a row build equity to €1.04M.
2021
29-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
09-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
08-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
10-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
22-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 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, Deinze · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
1,175 m²
Building footprint
199 m²
Volume, LiDAR
1,111 m³
Parcel 44065A0063/00E000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Massed
Molenhuisstraat 44, 9800 DeinzeAgents in non-specialised wholesale trade
since 20102.190.016.411
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44065A0063/00E000 Flanders 1,175 m² 1 · 198 m² 8.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 27,226 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
Founded29-06-2010
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

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