Losses
-€198,399 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
MASTACOPIA
Lifetime
18 annual accounts with figures on one time axispeak €172,555 (2008)
-€2,290▼ €57,173
lowest -€111,046 (2025)
-€111,046▼ €23,694
peak €887,420 (2023)
€689,022▼ 13.9%
€3.3m▼ 6.4%
Board2 names since 2017
1 directorCLAUDED BV
Owners
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format
Gross margin from €54,883 to -€2,290Loss of €111,046Registered office moved within Antwerp 11-04Equity from €800,068 to €689,022Cash from €307 to €15,878
Key points
from the 2025 annual accountsDebts
€3.3m 80% of the balance sheet
Financial debts 40%Suppliers 3%Taxes and wages 1%Other 56%
€1.8m of the debts are secured on the company's own assets. In 2024 that was €1.8m.
Investments
€24,520 0.2 × depreciation
Green is investment, beige is depreciation.
Filings
18 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
At the same address
7 companies
Position in the sector
-€111,046
Lower net result than 95% of companies in financial services. Sector median €51,427 · 6,707 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6708 sector peers (2025).
NBB · sector comparisonPosition among 6708 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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
61 days late
2024
61 days late
2023
61 days late
2022
60 days late
2021
3 days late
2020
31 days late
2019
88 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 52 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 30 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0886398866
Registered office moved within Antwerp
New registered office: MOLENSTRAAT 52-2018 ANTWERPEN · Previous registered office: Amerikalei 176, 2000 Antwerpen · Board meeting of 24-03-2025 · Gazette deed
Registered office moved within Antwerp
New registered office: AMERIKALEI 176-2000 ANTWERPEN · Previous registered office: Jan Welterslaan 13-2100 Antwerpen (Deurne) · Board meeting of 07-06-2023 · Gazette deed
Resignation: Claudia B. Schillemans (director)
Director discharge: Claudia B. Schillemans · General meeting of 17-07-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MASTACOPIA Antwerp | €4.1m | -€2,290 | 16.7% | - |
| DIAMAN Brasschaat | €4.2m | -€10,528 | 55.3% | - |
| Mace Edegem | €3.5m | -€7,272 | 99.7% | - |
| FRONT PARTNERS Watermael-Boitsfort | €4.2m | -€129,531 | 94.9% | 3.7 |
| CONSTANTIA HOLDING Merelbeke-Melle | €3.9m | -€6,830 | 75.7% | - |
| GSP HOLDING Liège | €4.0m | -€301,612 | 79.2% | 0 |
| V13 Ghent | €4.4m | -€31,949 | 99.9% | - |
These companies have the same main activity as MASTACOPIA: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €3.5m and €4.4m, founded between 2005 and 2007.
Official details
Source: KBO- Status
- Active since 08-01-2007Normal situation
- Activity
- Activities of holding companiesNACE 64210
- Establishment unit
- 2.158.819.3302018 Antwerp, since 15-01-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Insights on MASTACOPIA
MASTACOPIA files the abbreviated format. That format states no turnover. The gross margin fell from €172,555 in 2008 to -€2,290 in 2025.
The balance sheet grew most from 2018 to 2019 through fixed assets, financed with long-term debt.
CLAUDED holds all the shares.
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 MASTACOPIA
- What is the company number of MASTACOPIA?
- The company number of MASTACOPIA is 0886.398.866. The VAT number is the same number with BE in front: BE 0886.398.866.
- Where is MASTACOPIA based?
- The registered office is at Molenstraat 52, 2018 Antwerp.Company details
- What does MASTACOPIA do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of MASTACOPIA?
- MASTACOPIA is a private limited company (BV).
- When was MASTACOPIA founded?
- MASTACOPIA was founded on 08-01-2007.
- Is MASTACOPIA still active?
- Yes, MASTACOPIA is an active enterprise in the KBO register.
- What is the turnover of MASTACOPIA?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is MASTACOPIA profitable?
- In financial year 2025, MASTACOPIA made a loss of €111,046.
- Where can I find the annual accounts of MASTACOPIA?
- MASTACOPIA filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MASTACOPIA due?
- MASTACOPIA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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