MAESTER CONSTRUCT
Annual accounts 2025
micro format, filed on 29-07-2026, 2 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €87,000. Estimated: probably between €54,000 and €110,000.
Balance sheet
balance sheet total €113,360 on 31-12-2025in euro
in euro
Position in the sector
90.4%
Higher than 90% of 9,696 companies in 2025.
7.90
Higher than 88% of 9,314 companies in 2025.
9.0%
Higher than 45% of 9,438 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
113,360 | 99,277 | 122,290 | 74,500 | |
21/28 |
27,582 | 35,165 | 50,433 | 13,215 | |
22/27 |
27,232 | 34,815 | 50,083 | 12,865 | |
22 |
13,670 | 7,185 | - | - | |
23 |
2,172 | - | - | - | |
24 |
11,390 | 27,630 | 50,083 | 12,865 | |
28 |
350 | 350 | 350 | 350 | |
29/58 |
85,778 | 64,112 | 71,856 | 61,285 | |
40/41 |
24,943 | 26,882 | 14,455 | 15,855 | |
40 |
10,181 | 12,159 | 14,365 | 15,851 | |
41 |
14,762 | 14,723 | 90 | 4 | |
50/53 |
10,000 | - | - | - | |
54/58 |
46,236 | 36,801 | 57,032 | 45,430 | |
490/1 |
4,599 | 429 | 370 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
113,360 | 99,277 | 122,290 | 74,500 | |
10/15 |
102,505 | 92,275 | 95,823 | 40,413 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | |
13 |
101,505 | 91,275 | 94,823 | 39,413 | |
133 |
101,505 | 91,275 | 94,823 | 39,413 | |
17/49 |
10,855 | 7,001 | 26,467 | 34,087 | |
17 |
- | - | 0 | 6,102 | |
170/4 |
- | - | 0 | 6,102 | |
42/48 |
10,855 | 7,001 | 26,467 | 27,985 | |
42 |
- | 0 | 6,102 | 6,042 | |
44 |
4,734 | 1,892 | 1,549 | 981 | |
440/4 |
4,734 | 1,892 | 1,549 | 981 | |
45 |
4,362 | 3,920 | 18,447 | 20,391 | |
450/3 |
4,362 | 3,920 | 18,447 | 20,391 | |
47/48 |
1,759 | 1,190 | 368 | 570 | |
| Income statement | |||||
9900 |
33,534 | 21,393 | 84,443 | 62,021 | |
630 |
17,594 | 22,699 | 11,501 | 9,770 | |
640/8 |
1,275 | 1,401 | 950 | 860 | |
9901 |
14,665 | -2,708 | 71,992 | 51,391 | |
75/76B |
187 | 426 | 113 | - | |
75 |
187 | 426 | 113 | - | |
65/66B |
569 | 971 | 819 | 355 | |
65 |
569 | 971 | 819 | 355 | |
9903 |
14,283 | -3,253 | 71,286 | 51,036 | |
67/77 |
4,053 | 295 | 15,876 | 11,623 | |
9904 |
10,230 | -3,548 | 55,410 | 39,413 | |
9905 |
10,230 | -3,548 | 55,410 | 39,413 | |
| Appropriation of the result | |||||
9906 |
10,230 | -3,548 | 55,410 | 39,413 | |
791/2 |
0 | 3,548 | - | - | |
691/2 |
10,230 | 0 | 55,410 | 39,413 | |
6921 |
10,230 | 0 | 55,410 | 39,413 | |
| Document | |||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 32,260 | 19,992 | 83,493 | 61,162 | ||
| 27,824 | 19,151 | 66,911 | 49,184 | ||
| 10,011 | 7,431 | 48,719 | 22,986 | ||
| 9,435 | -20,231 | 11,601 | - | ||
| 74,923 | 57,110 | 45,390 | 33,300 | ||
| 90.4% | 92.9% | 78.4% | 54.2% | ||
| 7.90 | 9.16 | 2.71 | 2.19 | ||
| 0.11 | 0.08 | 0.28 | 0.84 | ||
| 10.0% | -3.8% | 57.8% | 97.5% | ||
| 9.0% | -3.6% | 45.3% | 52.9% | ||
| 56.65 | 20.59 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €10,011 | €7,431 | €48,719 | €22,636 |
| Financial fixed assets | €0 | - | - | €350 |
| €17,594 | €22,699 | €11,501 | €9,770 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on MAESTER CONSTRUCT
The operating result for 2025 is a profit of €14,665, after a loss of €2,708 in 2024.
Debt's share of the balance-sheet total rises from 7.1% to 9.6%. Equity and debt are higher.