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CONSTRUCT MASTERS

Absorbed by Techni Masters KBO/BCE: BE 0864.428.069 subsidiary of Samsic SAS

Lifetime

17 annual accounts with figures on one time axis, 19 filings since 2005
peak €4.0m (2022)
€2.1m▼ 48.0%
peak €1.2m (2022)
€229,848▼ 80.6%
peak €1.1m (2023)
€1.1m▲ 3.3%
€1.6m▼ 75.5%
peak 51.1 FTE (2017)
29 FTE▼ 14.2%
Board4 names since 2019
3 directorsPAELINCK Philip Julius Emelie and 2 others
Owners5 names in the annual accounts
99%MM HOLDING and 2 others
Documentsfilings and deeds
11-07-202420 days before the deadline
2023abbreviated format
Gross margin from €4.0m to €2.1mResult from €1.2m to €229,848Staff from 33.8 FTE to 29 FTEReappointment: VGD Bedrijfsrevisoren (statutory auditor) 24-05Dividend €195,000Debts from €6.3m to €1.6m

Key points

from the 2023 annual accounts, the last ones filed

Equity

€1.1m ▲ 3.3%
1.12022+0.2Profit-0.2Dividend1.12023

CONSTRUCT MASTERS paid out €195,000 in dividends. That is 85% of the 2023 profit.

Staff

29 FTE from 51.1 in 2017

Between 2017 and 2023, 43% of the full-time equivalents disappeared.

Filings

19 annual accounts 20 filings since 2005
AprilJune31 JulyOctober2005201020152020

Two of the last ten came late. The 2021 accounts came latest: 14 days after the end of the period.

No scoreNet result -81%: absorbed

Board and ownership

VB
Auditor, Maarten Lindemans
Board & ownership

Recent changes

Merger: absorbed by Techni Masters Resignations: MM HOLDING, PAELINCK PHILIP and VGD Bedrijfsrevisoren (statutory auditor) · Permanent representatives: DE SCHUTTER Nicolas and PAELINCK Philip · General meeting of 01-08-2024 · Gazette deed
Merger proposal: to be absorbed by Techni Masters Permanent representatives: Philip Paelinck and Nicolas De Schutter · “Alle activiteiten die verband houden met eigen personeel,waaronder onder meer maar niet uitsluitend:; Het…” (deed in Dutch) · MM Holding NV holds all the shares · Gazette deed
Reappointment: VGD Bedrijfsrevisoren (statutory auditor) Permanent representative: Maarten Lindemans · General meeting of 22-06-2022 · Gazette deed
Amendment of the articles General meeting of 20-12-2021 · Gazette deed
All 30 events

Official details

Source: KBO
Status
Absorbed by Techni Mastersmerger by absorption, September 2024
Activity
“Alle activiteiten die verband houden met eigen personeel,waaronder onder meer maar niet uitsluitend:” (deed in Dutch)From the articles, 43 activitiesNo NACE code in the KBO yet
Joint committees
111Metal, mechanical and electrical engineering
121Cleaning
200Auxiliary committee for white-collar workers · annual accounts 2023and 1 other
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2023

≈ €3.6mestimated
€2.9m▼ 62.2%
Employeeson 31-12-2023
27▼ 18.2%
Filing
Filed on 11-07-2024
Financials

Insights on CONSTRUCT MASTERS

Absorbed by Techni Masters in September 2024. The last annual accounts are for financial year 2023.

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 CONSTRUCT MASTERS

What is the company number of CONSTRUCT MASTERS?
The company number of CONSTRUCT MASTERS is 0864.428.069. The VAT number is the same number with BE in front: BE 0864.428.069.
What is the legal form of CONSTRUCT MASTERS?
Legal form of CONSTRUCT MASTERS: NV.
Is CONSTRUCT MASTERS still active?
No. CONSTRUCT MASTERS is inactive in the KBO register.Company details
How many employees did CONSTRUCT MASTERS have?
CONSTRUCT MASTERS had an average of 29 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does CONSTRUCT MASTERS fall under?
In its 2023 annual accounts, CONSTRUCT MASTERS states joint committees 111 (Metal, mechanical and electrical engineering), 121 (Cleaning), 200 (Auxiliary committee for white-collar workers) and 209 (White-collar workers in metal manufacturing).
What is the turnover of CONSTRUCT MASTERS?
The turnover in financial year 2023 is ≈ €3.6m. This figure is estimated from the gross margin of €2.1m and 1,586 comparable companies of the same size. It probably lies between €2.4m and €5.8m. It is a rough estimate.
Is CONSTRUCT MASTERS profitable?
In financial year 2023, CONSTRUCT MASTERS made a profit of €229,848.
Where can I find the annual accounts of CONSTRUCT MASTERS?
CONSTRUCT MASTERS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

Next steps

Keep this company with today's facts in a case file.