Turnover
≈ €250,000 estimated
The micro format states no turnover.
MASTER DESIGN
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €143,288 (2025)
€143,288▲ 127%
lowest -€90,295 (2012)
€21,873▲ €45,822
peak €431,438 (2018)
€379,555▲ 6.1%
€659,400▲ 4.1%
Board1 name since 2019
1 directorPatrick André Mathilde ROEGIERS
Documentsfilings and deeds
19-10-202680 days late
2025micro format
Gross margin from €63,077 to €143,288Back to profit: €21,873Cash from €13,813 to €59,046
Key points
from the 2025 annual accountsFilings
34 annual accounts 80 days
Latest accounts filed late: after the legal deadline.
Position in the sector
€379,555
More equity than 80% of companies in real estate. Sector median €73,122 · 17,201 companies.
Checked score
88
Excellent
Financially stronger than 53% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.2%
01-2025: 3.9%▲ +1.7 percentage points vs 12-2024
02-2025: 3.9%● unchanged vs 01-2025
03-2025: 3.9%● unchanged vs 02-2025
04-2025: 3.5%▼ -0.4 percentage points vs 03-2025
05-2025: 3.5%● unchanged vs 04-2025
06-2025: 3.5%● unchanged vs 05-2025
07-2025: 3.5%● unchanged vs 06-2025
08-2025: 5.0%▲ +1.5 percentage points vs 07-2025
09-2025: 5.0%● unchanged vs 08-2025
10-2025: 5.0%● unchanged vs 09-2025
11-2025: 5.0%● unchanged vs 10-2025
12-2025: 5.0%● unchanged vs 11-2025
01-2026: 5.0%● unchanged vs 12-2025
02-2026: 5.0%● unchanged vs 01-2026
03-2026: 5.0%● unchanged vs 02-2026
04-2026: 5.4%▲ +0.4 percentage points vs 03-2026highest value
05-2026: 5.4%● unchanged vs 04-2026highest value
06-2026: 1.0%▼ -4.4 percentage points vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.5%▲ +0.5 percentage points vs 07-2026
09-2026: 1.7%▲ +0.2 percentage points vs 08-2026
10-2026: 0.2%▼ -1.5 percentage points vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 80 days late; 3 of the last 3 accounts late
lowers risk
Size: total assets €1.0m
Founded in 1991
Figures for financial year 2025 (filed on 19-10-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 54% of them on solvency, 37% on liquidity, 62% on profitability and 61% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as MASTER DESIGN has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MASTER DESIGN itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for MASTER DESIGN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.13 (1.13 in 2024), below the usual 1.5. Short-term debt is 32.3% and cash 5.7% of total assets. 63.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 80 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-10-2026, 80 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
80 days late
2024
299 days late
2023
663 days late
2022
214 days late
2021
570 days late
2020
860 days late
2019
144 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 404 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 May (4 of the last 5 accounts filed within 271 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0445789036
Change of role: Patrick André Mathilde ROEGIERS, from manager to director
“Beheer van residentieel onroerend goed voor een vast bedrag of op contractbasis; Verlenen, in opdracht van de…” (deed in Dutch) · General meeting of 05-05-2021 · Gazette deed
New establishment in Nazareth-De Pinte
Immo Langeveld, Langevelddreef 37
First establishment
Kruishoutemsesteenweg 150, Kruisem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MASTER DESIGN Kruisem | €1.0m | €143,288 | 36.5% | - |
| Gebroeders MEERT Aalst | €0.9m | €129,009 | 41.8% | - |
| WOHERIS Stekene | €1.1m | €159,495 | 9.6% | - |
| IMMOLAND Nazareth-De Pinte | €1.0m | €136,455 | 91.7% | - |
| WIM DE BLOCK INVEST Nazareth-De Pinte | €1.0m | €145,842 | 18.8% | - |
| FIDESCO Kruisem | €0.8m | €131,438 | 83.6% | - |
| MAES & ASSOCIATES Wetteren | €1.1m | €187,504 | 93.3% | - |
These companies have the same main activity as MASTER DESIGN: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €826,000 and €1.1m, founded between 1986 and 1996.
Official details
Source: KBO- Status
- Active since 21-11-1991Normal situation
- Activity
- Real estate agency activitiesNACE 68310
- Establishment units
- 2.125.083.6219750 Kruisem, since 20-03-2003
- 2.312.817.1249840 Nazareth-De Pinte, since 01-04-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Insights on MASTER DESIGN
MASTER DESIGN files the micro format. That format states no turnover. The gross margin rose from €12,601 in 2006 to €143,288 in 2025.
The balance sheet grew most from 2019 to 2020 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MASTER DESIGN
- What is the company number of MASTER DESIGN?
- The company number of MASTER DESIGN is 0445.789.036. The VAT number is the same number with BE in front: BE 0445.789.036.
- Where is MASTER DESIGN based?
- The registered office is at Kruishoutemsesteenweg 150, 9750 Kruisem.Company details
- What does MASTER DESIGN do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of MASTER DESIGN?
- MASTER DESIGN is a private limited company (BV).
- When was MASTER DESIGN founded?
- MASTER DESIGN was founded on 21-11-1991.
- Is MASTER DESIGN still active?
- Yes, MASTER DESIGN is an active enterprise in the KBO register.
- What is the turnover of MASTER DESIGN?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €143,288 and 32 comparable companies (NACE 68310). It probably lies between €200,000 and €390,000.Financials
- Is MASTER DESIGN profitable?
- In financial year 2025, MASTER DESIGN made a profit of €21,873.
- Where can I find the annual accounts of MASTER DESIGN?
- MASTER DESIGN filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MASTER DESIGN due?
- MASTER DESIGN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.