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MAESTER CONSTRUCT

Active Private limited companyfounded 2021active for 4 yearsOude Heirweg 34A, 8890 MoorsledeKBO/BCE: BE 0777.518.148

Overview

Lifetime

4 annual accounts with figures on one time axis
peak €84,443 (2023)
€33,534▲ 56.8%
lowest -€3,548 (2024)
€10,230▲ €13,778
peak €102,505 (2025)
€102,505▲ 11.1%
€10,855▲ 55.0%
Board1 name since 2021
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €21,393 to €33,534Back to profit: €10,230Debts from €7,001 to €10,855

Key points

from the 2025 annual accounts

Turnover

≈ €87,000 estimated

The micro format states no turnover.

Filings

4 annual accounts 2 late
AprilJune31 JulyOctober2022202320242025

The 2024 accounts came latest: 56 days after the end of the period.

Position in the sector

90.4%

Higher solvency than 90% of companies in office administrative support. Sector median 50.3% · 9,696 companies.

Checked score

97
Excellent
Financially stronger than 74% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -0.2 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 90.4% of total assets
100+4short-term debt 9.6% · cash 40.8%
80+16return on assets 9.0%

Score breakdown

raises risk
1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 7.90, cash €46,236
Sector: Office administrative, office support and other business support activities (NACE 82)
Equity €102,505 (90.4% of total assets)
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 82, micro). It does better than 88% of them on solvency, 97% on liquidity, 52% on profitability and 57% on growth.

The bankruptcy probability was computed on 09-11-2026 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, 39,278 companies had the same profile as MAESTER CONSTRUCT has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of MAESTER CONSTRUCT itself is lower: 0.1% within 12 months. It rests on far more data about MAESTER CONSTRUCT than the profile alone.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for MAESTER CONSTRUCT. 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 €9,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 7.9 (9.16 in 2024), above the usual 1.5. Short-term debt is 9.6% and cash 40.8% of total assets. 9.6% 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 riskneutral
lowers risk · Liquidity: current ratio 7.90, cash €46,236
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
lowers risk · Equity €102,505 (90.4% of total assets)
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
2 days early
2024
56 days late
2023
29 days late
2022
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 10 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 14 August (3 of the last 4 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MJ
Director, since 19-11-2021
  • MAES Jonah Frank founderdeed of 23-11-2021
  • MAES Jonah 100 sharesdeed of 23-11-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0777518148
Registered office moved from Genta to Moorslede New registered office: Oude Heirweg 34A, 8890 Moorslede · Previous registered office: Moutstraat 1 bus 1, 9000 Genta · Permanent representative: Xavier Pattyn · Board meeting of 02-05-2024 · Gazette deed
Incorporation Founding capital of €1,000, 100 shares · Founder: MAES Jonah Frank · Appointment: MAES Jonah Frank (director) · published on 23-11-2021 · Gazette deed
First establishment Oude Heirweg 34, Moorslede
All 13 events

Comparable companies

same main activity, similar in size and age
Company
MAESTER CONSTRUCT Moorslede €113,360 €33,534 90.4% -
Lies Maddens Roeselare €115,297 €31,940 23.5% -
Total Concept Solutions Middelkerke €107,690 €35,531 71.3% -
Jet Design Wervik €150,571 €32,483 38.4% -
KERNN HR Oudsbergen €118,821 €32,695 18.6% -
SO Management Bornem €123,403 €32,592 42.2% -
Solv Consulting Ronse €106,097 €30,124 87.7% -

These companies have the same main activity as MAESTER CONSTRUCT: other business support services (NACE 82990). They are comparable in size and age: total assets between €106,000 and €151,000, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 19-11-2021Normal situation
Activity
Other business support servicesNACE 82990and 4 others
Establishment unit
2.324.536.3088890 Moorslede, since 19-11-2021
Financial year end
31 December
Peppol
Reachable since 13-10-2025
Company details

Annual accounts 2025

€33,534▲ 56.8%
€10,230
€102,505▲ 11.1%
€113,360▲ 14.2%
Filing
Filed on 29-07-2026, 2 days before the end of the filing period
Financials

Insights on MAESTER CONSTRUCT

MAESTER CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €62,021 in 2022 to €33,534 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 29-07-2026, 2 days before the deadline
€33,534
▲ 56.8%
€14,665
▲ €17,373
€10,230
▲ €13,778
€74,923
▲ 31.2%
90.4%
▼ 2.5 percentage points
7.90
▼ 1.25

Turnover 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 31-12-2025
What the company ownsHow it is paid for

in 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.

MAESTER CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in office administrative support (NACE 82)

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 Trend2025202420232022
Balance sheet: assets
20/58 113,36099,277122,29074,500
21/28 27,58235,16550,43313,215
22/27 27,23234,81550,08312,865
22 13,6707,185--
23 2,172---
24 11,39027,63050,08312,865
28 350350350350
29/58 85,77864,11271,85661,285
40/41 24,94326,88214,45515,855
40 10,18112,15914,36515,851
41 14,76214,723904
50/53 10,000---
54/58 46,23636,80157,03245,430
490/1 4,599429370-
Balance sheet: equity and liabilities
10/49 113,36099,277122,29074,500
10/15 102,50592,27595,82340,413
10/11 1,0001,0001,0001,000
13 101,50591,27594,82339,413
133 101,50591,27594,82339,413
17/49 10,8557,00126,46734,087
17 --06,102
170/4 --06,102
42/48 10,8557,00126,46727,985
42 -06,1026,042
44 4,7341,8921,549981
440/4 4,7341,8921,549981
45 4,3623,92018,44720,391
450/3 4,3623,92018,44720,391
47/48 1,7591,190368570
Income statement
9900 33,53421,39384,44362,021
630 17,59422,69911,5019,770
640/8 1,2751,401950860
9901 14,665-2,70871,99251,391
75/76B 187426113-
75 187426113-
65/66B 569971819355
65 569971819355
9903 14,283-3,25371,28651,036
67/77 4,05329515,87611,623
9904 10,230-3,54855,41039,413
9905 10,230-3,54855,41039,413
Appropriation of the result
9906 10,230-3,54855,41039,413
791/2 03,548--
691/2 10,230055,41039,413
6921 10,230055,41039,413
Document PDFPDFPDFPDF

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.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-07-2026 2026-00379406 PDF
31-12-2024 micro format 25-09-2025 2025-00504636 PDF
31-12-2023 micro format 29-08-2024 2024-00420433 PDF
31-12-2022 micro format 19-06-2023 2023-00168131 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022
32,26019,99283,49361,162
27,82419,15166,91149,184
10,0117,43148,71922,986
9,435-20,23111,601-
74,92357,11045,39033,300
90.4%92.9%78.4%54.2%
7.909.162.712.19
0.110.080.280.84
10.0%-3.8%57.8%97.5%
9.0%-3.6%45.3%52.9%
56.6520.59over 100over 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
Item2025202420232022
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.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 19-11-2021 term without a fixed end
listed in the 2025 annual accounts, filed on 29-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 23-11-2021

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
MAES Jonah Frank
Director (not named in the articles)
Board
Mandates as a list
  • MAES Jonah Frank
    • Director (not named in the articles), from 19-11-2021 to date

See the board, name and registered office on a given date →

Control

Founders
MAES Jonah Frank, MAES Jonah
This company
MAESTER CONSTRUCT
Equity €102,505
Profit €10,230 in 2025

Capital

Contribution
€1,000
Shares
100
Contribution per share
€10
Equity per share
€1,025 in 2025
Source
deed of 23-11-2021

Articles of association

deed of 23-11-2021 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 14:00

Shareholders

At incorporation deed of 23-11-2021 ↗

Network & group

No group

MAESTER CONSTRUCT has no parent and no holdings in its annual accounts. MAES Jonah Frank is the only director. MAESTER CONSTRUCT shares no director with another company.

Timeline

Timeline

13 events since 2021

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 2 days before the deadline
2025
Back to profit net €10,230 The net result is €10,230, after one loss-making year.
Equity above €100,000 equity €102,505 ▲11.1% Equity rises from €92,275 to €102,505.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0777518148
Annual accounts 2024 filed PDFmicro format · 56 days late
2024
Weakest financial year net -€3,548 The net result drops to -€3,548, the lowest from 2022 to 2025. It recovers the following year.
Liquidity more than triples current ratio 9.16 The current ratio rises from 2.71 to 9.16. Short-term debt falls from €26,467 to €7,001.
Annual accounts 2023 filed PDFmicro format · 29 days late
Registered office moved from Genta to MoorsledeNew registered office: Oude Heirweg 34A, 8890 Moorslede · Previous registered office: Moutstraat 1 bus 1, 9000 Genta · Permanent representative: Xavier Pattyn · Board meeting of 02-05-20243 points ▸
  • Board meeting, 02-05-2024
  • Registered-office move, Oude Heirweg 34A, 8890 Moorslede
  • Permanent representative, Xavier Pattyn

Open the deed in the Belgian Official Gazette

2023
Highest result from 2022 to 2025 net €55,410 ▲40.6% The operating result of €71,992 and the net result of €55,410 are both a record.
Annual accounts 2022 filed PDFmicro format · 42 days before the deadline
2021
IncorporationFounding capital of €1,000, 100 shares · Founder: MAES Jonah Frank · Appointment: MAES Jonah Frank (director) · published on 23-11-20213 points ▸
  • Founder, MAES Jonah Frank
  • Founding capital, €1,000, 100 shares
  • Director appointment, MAES Jonah Frank (director (not named in the articles))
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

First establishment Oude Heirweg 34, Moorslede

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 19 November 2021, MAESTER CONSTRUCT was incorporated as a private limited company by two natural persons, with a starting capital of €1,000.12 In 2024 the registered office moved to Moorslede.3 MAES Jonah Frank has served as director since 2021.4 Total assets went from €74,500 in 2022 to €113,360 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-11-2021
  3. 3Belgian Official Gazette, 21-06-2024
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2022 and 2025

Company details

Identity

Enterprise number
0777.518.148
VAT number
BE 0777.518.148
Peppol ID
0208:0777518148
Other Peppol ID
9925:BE0777518148
Legal form
Private limited company
Status
Active, normal situation
Founded
19-11-2021
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 14:00
deed of 23-11-2021 (in Dutch)
Peppol
Reachable since 13-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MAESTER CONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 23-11-2021 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Moutstraat 1/001, 9000 Gent”
deed of 23-11-2021 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
82990 Other business support services main activity
41203 Construction of residential and non-residential buildings
43110 Demolition
43320 Joinery installation
43999 Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Bouw van gebouwen en ontwikkeling van bouwprojecten:ontwikkeling van residentiële(individuele gebouwen en appartementsgebouwen)en…”
6 activities
  1. Bouw van gebouwen en ontwikkeling van bouwprojecten:ontwikkeling van residentiële(individuele gebouwen en appartementsgebouwen)en niet-residentiële bouwprojecten;algemene bouw van residentiële gebouwen(optrekken ruwbouw gebouwen,bouw huizen en appartementen volgens formule“sleutel op de deur”,ruwbouw van gebouwen met celstructuur),kantoorgebouwen,gebouwen voor industrieel of commercieel gebruik,van stel-en stapelplaatsen,scholen,ziekenhuizen,van gebouwen voor de beoefening van erediensten,cultuur en andere niet-residentiële gebouwen;montage van hangars,loodsen,schuren,silo's enz.voor landbouwdoeleinden
  2. Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud,de renovatie,het herstel,de verfraaiing,de vernieuwing en de modernisering van alle soorten onroerende goederen algemeen genomen,alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare en particuliere bouwwerken
  3. De voorbereiding,de opstelling en het afsluiten van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden
  4. Ingenieurs en aanverwante technische adviseurs exclusief landmeters:uitwerking en realisatie van projecten op het gebied van de elektriciteit en elektronica,mijnbouw,chemie,machine-en werktuigbouw,industriële systeemontwikkeling,veiligheid,enz;industriële vormgeving,uitwerking van projecten op het gebied van klimaatbeheersing,koeltechniek,zuivering en voorkomen van pollutie,akoestiek,enz.;uitwerking van projecten op het gebied van de burgerlijke en utiliteitsbouw,de weg-en waterbouw en het verkeer;geologisch onderzoek en prospectie:metingen en waarnemingen van de aardoppervlakte om informatie te verkrijgen over aardstructuren en aanwezigheid van aardolie,aardgas,mineralen en grondwater;geodetisch onderzoek:hydrografisch onderzoek,onderzoek van de bodemstructuur,grensonderzoek,cartografie en informatie over de ruimtelijke ordening,inclusief luchtfotografie,enz.
  5. Technische testen en toetsen,onder andere testen en analyseren van materialen,producten,installaties,enz.in verband met hun samenstelling,fysische eigenschappen,prestaties en overeenstemming met vooropgestelde normen of met lastenkohier;testen van bouwmaterialen
  6. Het aanleggen,het oordeelkundig uitbouwen en beheren van onroerend vermogen:alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aankoop;de verkoop;het ter beschikking stellen;de bouw;verbouwingen;de binnenhuisinrichting en decoratie;de huur en verhuur;de ruil;de verkavelingen en,in het algemeen het productief maken van onroerende goederen en onroerende zakelijke rechten.De vennootschap kan tevens onroerende goederen en/of zakelijke rechten op onroerende goederen verwerven om deze te verhuren of als vorm van bezoldiging ter beschikking te stellen aan de aandeelhouders en/of bestuurders
deed of 23-11-2021 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Oude Heirweg 34A registered office 8890 Moorslede
Oude Heirweg 34 8890 Moorslede 19-11-2021 2.324.536.308
1 former office
  • Moutstraat 1 bus 1, 9000 Genta until 01-10-2023 · deed of 21-06-2024

Buildings and parcels at the address

Ground area
851 m²
Buildings
158 m²
Volume, LiDAR
414 m³
Tallest building
9.8 m
Buildings to scale, each on its own parcel
158 m², 9.8 m 158 m², 9.8 m

Location

registered office establishment approximate The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
36012B1050/00L000851 m² 1 · 158 m² 9.8 m

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0777.518.148