MASCH
Annual accounts 2025
abbreviated format, filed on 02-12-2025, 60 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €3,400. Estimated: probably between €1,600 and €8,900.
Balance sheet
balance sheet total €40,450 on 30-06-2025in euro
in euro
Position in the sector
96.5%
Higher than 95% of 1,384 companies in 2025.
5.72
Higher than 90% of 1,292 companies in 2025.
-18.2%
Higher than 11% of 1,302 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
40,450 | 51,441 | 61,507 | 69,790 | 81,005 | 92,045 | 102,501 | 125,737 | 159,269 | 177,218 | 161,117 | 190,354 | 272,751 | 297,274 | 259,920 | 408,131 | 370,680 | 209,388 | 134,354 | |
21/28 |
32,402 | 39,453 | 46,503 | 53,554 | 62,989 | 72,423 | 74,705 | 81,756 | 88,806 | 108,347 | 102,374 | 153,580 | 183,154 | 149,271 | 192,185 | 92,764 | 119,197 | 35,393 | 26,976 | |
22/27 |
32,402 | 39,453 | 46,503 | 53,554 | 62,989 | 72,423 | 74,705 | 81,756 | 88,806 | 108,347 | 102,374 | 153,580 | 183,154 | 149,271 | 192,185 | 92,764 | 119,197 | 35,393 | 26,976 | |
22 |
2,705 | 3,815 | 4,926 | 6,037 | 7,148 | 8,259 | 9,370 | 10,481 | 11,592 | 14,721 | 10,973 | 12,356 | 13,738 | 14,279 | 40,466 | 62,437 | 102,046 | 8,444 | 5,693 | |
23 |
- | - | - | - | - | - | - | - | - | 10,472 | 2,204 | 7,613 | 17,528 | 27,274 | 38,469 | 29,631 | 12,475 | 17,598 | 7,125 | |
24 |
- | - | - | 0 | 2,384 | 4,769 | - | - | - | - | 104 | 38,578 | 50,915 | 807 | 398 | 696 | 4,676 | 9,351 | 14,158 | |
25 |
29,698 | 35,637 | 41,577 | 47,517 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
8,048 | 11,988 | 15,004 | 16,236 | 18,017 | 19,622 | 27,796 | 43,982 | 70,463 | 68,871 | 58,743 | 36,774 | 89,597 | 148,003 | 67,735 | 315,367 | 251,483 | 173,995 | 107,378 | |
29 |
4,046 | 6,176 | 8,255 | 10,283 | 12,262 | 14,192 | 15,453 | 17,306 | - | - | - | - | - | - | - | - | - | - | - | |
291 |
4,046 | 6,176 | 8,255 | 10,283 | 12,262 | 14,192 | 15,453 | 17,306 | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
2,670 | 3,812 | 3,880 | 3,771 | 3,459 | 3,084 | 5,886 | 6,182 | 6,237 | 5,224 | 506 | 13,097 | 55,617 | 14,343 | 7,812 | 260,634 | 173,263 | 99,493 | 2,227 | |
40 |
520 | 1,733 | 1,846 | 1,772 | 1,504 | 1,181 | 1,041 | 1,468 | 2,983 | 1,800 | 367 | 973 | 1,520 | 2,269 | 350 | 2,651 | 3,226 | 5,830 | 1,312 | |
41 |
2,150 | 2,079 | 2,034 | 1,999 | 1,956 | 1,903 | 4,845 | 4,714 | 3,254 | 3,424 | 139 | 12,124 | 54,097 | 12,075 | 7,461 | 257,984 | 170,037 | 93,663 | 915 | |
54/58 |
910 | 1,999 | 2,869 | 2,158 | 2,271 | 2,345 | 6,457 | 19,857 | 64,226 | 61,619 | 57,626 | 23,677 | 31,744 | 132,233 | 59,923 | 52,936 | 77,270 | 74,502 | 105,151 | |
490/1 |
422 | - | 0 | 24 | 24 | - | - | 638 | - | 2,027 | 611 | - | 2,236 | 1,427 | - | 1,796 | 950 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
40,450 | 51,441 | 61,507 | 69,790 | 81,005 | 92,045 | 102,501 | 125,737 | 159,269 | 177,218 | 161,117 | 190,354 | 272,751 | 297,274 | 259,920 | 408,131 | 370,680 | 209,388 | 134,354 | |
10/15 |
39,043 | 46,414 | 54,528 | 59,823 | 67,893 | 75,383 | 88,985 | 107,619 | 132,586 | 125,681 | 118,136 | 124,849 | 134,499 | 101,786 | 128,847 | 101,378 | 199,498 | 186,538 | 109,276 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
74,416 | 74,416 | 74,416 | 74,416 | 74,416 | 74,416 | 74,416 | 89,019 | 113,986 | 107,081 | 99,536 | 106,249 | 115,899 | 83,186 | 110,247 | 82,778 | 180,898 | 167,938 | 90,676 | |
130/1 |
- | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 72,556 | 66,076 | 47,326 | |
133 |
1,860 | 1,860 | - | - | - | - | - | 14,603 | 39,569 | 32,665 | 25,120 | 31,833 | 41,483 | 8,770 | 35,831 | 8,362 | 106,482 | 100,002 | 41,490 | |
14 |
-53,973 | -46,602 | -38,488 | -33,193 | -25,123 | -17,633 | -4,031 | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
1,408 | 5,027 | 6,979 | 9,967 | 13,113 | 16,662 | 13,516 | 18,118 | 26,684 | 51,536 | 42,981 | 65,505 | 138,252 | 195,488 | 131,072 | 306,752 | 171,182 | 22,850 | 25,078 | |
17 |
- | - | - | - | - | - | - | 956 | 3,779 | 6,537 | - | - | - | 21,529 | 53,514 | 83,996 | 92,963 | 5,327 | 8,361 | |
170/4 |
- | - | - | - | - | - | - | 956 | 3,779 | 6,537 | - | - | - | 21,529 | 53,514 | 83,996 | 92,963 | 5,327 | 8,361 | |
42/48 |
1,408 | 4,947 | 6,487 | 9,516 | 12,661 | 16,211 | 13,065 | 16,711 | 20,931 | 44,347 | 42,981 | 65,505 | 138,252 | 173,959 | 77,558 | 211,961 | 78,219 | 17,523 | 16,717 | |
42 |
- | - | - | - | - | - | 956 | 2,823 | 2,757 | 2,693 | - | - | - | 32,003 | 30,492 | 31,250 | 26,246 | 3,034 | 2,919 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | 20,883 | 5,072 | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | 20,883 | 5,072 | - | - | - | - | - | |
44 |
169 | 825 | 796 | 923 | 425 | 441 | 1,419 | 1,152 | 635 | 12,381 | 11,076 | 13,953 | 11,687 | 10,866 | 15,654 | 12,031 | 26,249 | 9,339 | 5,612 | |
440/4 |
169 | 825 | 796 | 923 | 425 | 441 | 1,419 | 1,152 | 635 | 12,381 | 11,076 | 13,953 | 11,687 | 10,866 | 15,654 | 12,031 | 26,249 | 9,339 | 5,612 | |
45 |
281 | 221 | 652 | 712 | 469 | 427 | 463 | 517 | 4,340 | 15,187 | 17,290 | 22,220 | 35,032 | 55,368 | 21,212 | 41,180 | 25,724 | 5,150 | 8,186 | |
450/3 |
281 | 221 | 652 | 712 | 469 | 427 | 463 | 517 | 4,340 | 167 | 2,724 | 2,126 | 24,351 | 43,279 | 6,191 | 30,451 | 6,401 | 780 | 4,288 | |
454/9 |
- | - | - | - | - | - | - | - | - | 15,020 | 14,567 | 20,094 | 10,681 | 12,089 | 15,021 | 10,729 | 19,323 | 4,370 | 3,898 | |
47/48 |
958 | 3,901 | 5,040 | 7,881 | 11,768 | 15,343 | 10,227 | 12,218 | 13,199 | 14,086 | 14,615 | 29,332 | 70,650 | 70,650 | 10,200 | 127,500 | - | - | - | |
492/3 |
0 | 80 | 491 | 451 | 451 | 451 | 451 | 451 | 1,973 | 653 | - | - | - | - | - | 10,796 | - | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | 43,172 | - | 3,961 | - | 6,154 | - | - | - | - | - | - | |
9900 |
717 | -128 | 2,774 | 1,859 | 2,804 | -2,134 | -9,528 | -14,831 | 23,753 | 161,406 | 140,132 | 121,628 | 170,099 | 243,982 | 211,360 | 221,778 | 151,359 | 139,558 | 109,696 | |
62 |
- | - | - | - | - | - | - | 233 | 1,436 | 138,928 | 132,443 | 93,721 | 92,719 | 90,869 | 106,109 | 99,424 | 68,033 | 27,162 | 22,870 | |
630 |
7,050 | 7,050 | 7,050 | 9,435 | 9,435 | 9,435 | 7,050 | 7,050 | 7,050 | 11,502 | 13,528 | 32,167 | 31,781 | 47,664 | 54,558 | 55,673 | 75,063 | 13,257 | 9,642 | |
640/8 |
972 | 935 | 1,077 | 591 | 900 | 1,816 | 1,827 | 2,279 | 2,196 | 1,724 | 1,536 | 4,080 | 4,917 | 991 | 772 | 1,509 | 861 | 1,246 | 975 | |
66A |
- | - | - | - | - | - | - | - | 663 | - | 3,114 | - | - | - | - | - | - | 200 | - | |
9901 |
-7,305 | -8,113 | -5,354 | -8,167 | -7,531 | -13,385 | -18,406 | -24,394 | 12,407 | 9,252 | -7,374 | -8,340 | 40,682 | 104,458 | 49,921 | 65,172 | 7,402 | 97,893 | 76,209 | |
75/76B |
181 | 231 | 281 | 329 | 376 | 276 | 452 | 288 | 49 | 158 | 71 | 1,127 | 4,200 | 690 | 16,192 | 22,540 | 13,332 | 6,092 | 1,785 | |
75 |
181 | 231 | 281 | 329 | 376 | 276 | 452 | 288 | 49 | 158 | 71 | 1,127 | 4,200 | 690 | 16,192 | 22,540 | 13,332 | 6,092 | 1,785 | |
65/66B |
39 | 35 | 34 | 43 | 147 | 275 | 469 | 581 | 1,504 | 1,735 | 111 | 497 | 1,963 | 3,744 | 5,200 | 6,187 | 3,988 | 836 | 711 | |
65 |
39 | 35 | 34 | 43 | 147 | 275 | 469 | 581 | 1,504 | 1,735 | 111 | 497 | 1,963 | 3,744 | 5,200 | 6,187 | 3,988 | 836 | 711 | |
9903 |
-7,163 | -7,917 | -5,107 | -7,881 | -7,301 | -13,384 | -18,423 | -24,687 | 10,953 | 7,675 | -6,569 | -7,710 | 49,073 | 101,405 | 60,913 | 81,526 | 16,746 | 102,949 | 77,283 | |
67/77 |
208 | 197 | 187 | 189 | 189 | 218 | 212 | 280 | 4,049 | 130 | 144 | 1,940 | 16,360 | 34,266 | 21,444 | 29,646 | 3,785 | 25,687 | 17,580 | |
9904 |
-7,372 | -8,114 | -5,295 | -8,070 | -7,490 | -13,602 | -18,634 | -24,966 | 6,904 | 7,545 | -6,713 | -9,650 | 32,713 | 67,139 | 39,469 | 51,880 | 12,961 | 77,262 | 59,703 | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,481 | 18,750 | 18,750 | |
9905 |
-7,372 | -8,114 | -5,295 | -8,070 | -7,490 | -13,602 | -18,634 | -24,966 | 6,904 | 7,545 | -6,713 | -9,650 | 32,713 | 67,139 | 39,469 | 51,880 | 6,480 | 58,512 | 40,953 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-53,973 | -46,602 | -38,488 | -33,193 | -25,123 | -17,633 | -18,634 | -24,966 | 6,904 | 7,545 | -6,713 | -9,650 | 32,713 | 67,139 | 39,469 | 51,880 | 6,480 | 58,512 | 40,953 | |
14P |
-46,602 | -38,488 | -33,193 | -25,123 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | 14,603 | 24,966 | - | - | 6,713 | 9,650 | - | 27,061 | - | 98,120 | - | - | 66,000 | |
691/2 |
- | - | - | - | - | - | - | - | 6,904 | 7,545 | - | - | 32,713 | - | 27,469 | - | 6,480 | 58,512 | 40,953 | |
6921 |
- | - | - | - | - | - | - | - | 6,904 | 7,545 | - | - | 32,713 | - | 27,469 | - | 6,480 | 58,512 | 40,953 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 94,200 | 12,000 | 150,000 | - | - | 66,000 | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 94,200 | 12,000 | 150,000 | - | - | 66,000 | |
| Social balance sheet | ||||||||||||||||||||
9087 |
0 | 0 | 0 | - | - | - | - | - | 0.2 | 4.2 | 3.8 | 3.5 | 4.1 | 4.6 | 4.7 | 3.5 | 2.5 | 1.4 | 1.2 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | 118 | 7,118 | 6,171 | 5,710 | 6,388 | 7,172 | 7,798 | 5,186 | 4,040 | 2,172 | 1,772 | |
| Document | ||||||||||||||||||||
The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 02-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 02-12-2025 | 2025-00575490 | |
| 30-06-2024 | abbreviated format | 26-11-2024 | 2024-00605472 | |
| 30-06-2023 | abbreviated format | 28-11-2023 | 2023-00518335 | |
| 30-06-2022 | abbreviated format | 29-11-2022 | 2022-20529690 | |
| 30-06-2021 | abbreviated format | 07-12-2021 | 2021-79600064 | |
| 30-06-2020 | abbreviated format | 24-11-2020 | 2020-72100402 | |
| 30-06-2019 | abbreviated format | 02-12-2019 | 2019-74900308 | |
| 30-06-2018 | abbreviated format | 12-12-2018 | 2018-74200175 | |
| 30-06-2017 | abbreviated format | 07-12-2017 | 2017-71300508 | |
| 30-06-2016 | abbreviated format | 28-11-2016 | 2016-68600094 | |
| 30-06-2015 | abbreviated format | 07-12-2015 | 2015-68100523 | |
| 30-06-2014 | abbreviated format | 26-11-2014 | 2014-67500409 | |
| 30-06-2013 | abbreviated format | 12-12-2013 | 2013-68100529 | |
| 30-06-2012 | abbreviated format | 28-11-2012 | 2012-64600424 | |
| 30-06-2011 | abbreviated format | 01-12-2011 | 2011-62000523 | |
| 30-06-2010 | abbreviated format | 26-11-2010 | 2010-61300353 | |
| 30-06-2009 | abbreviated format | 17-12-2009 | 2009-88900287 | |
| 30-06-2008 | abbreviated format | 24-12-2008 | 2008-86700134 | |
| 30-06-2007 | abbreviated format | 06-12-2007 | 2007-82100153 | |
| 30-06-2006 | abbreviated format | 22-12-2006 | 2006-92202359 | |
| 30-06-2005 | abbreviated format | 12-12-2005 | 2005-89004625 | |
| 30-06-2004 | abbreviated format | 17-12-2004 | 2004-86004642 | |
| 30-06-2003 | abbreviated format | 12-12-2003 | 2003-83202795 | |
| 30-06-2002 | abbreviated format | 16-12-2002 | 2002-76803901 |
Subsidies and aid
Flemish government 2025, 1 entry, €591 awarded, €591 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -254 | -1,063 | 1,697 | 1,268 | 1,904 | -3,950 | -11,356 | -17,343 | 19,458 | 20,754 | 6,153 | 23,827 | 72,463 | 152,122 | 104,479 | 120,845 | 82,465 | 111,150 | 85,851 | ||
| -321 | -1,064 | 1,756 | 1,365 | 1,945 | -4,167 | -11,584 | -17,916 | 13,955 | 19,047 | 6,815 | 22,517 | 64,494 | 114,802 | 94,027 | 107,553 | 88,024 | 90,519 | 69,345 | ||
| 0 | 0 | 0 | 0 | 0 | 7,153 | 0 | 0 | -12,491 | 17,475 | 390 | 2,593 | 65,664 | 4,751 | 153,979 | 29,240 | 158,868 | 21,674 | 7,004 | ||
| -1,089 | -869 | 711 | -113 | -74 | -4,112 | -13,400 | -44,370 | 2,607 | 3,994 | 33,949 | -8,067 | -100,489 | 72,310 | 6,987 | -24,334 | 2,768 | -30,649 | - | ||
| 6,640 | 7,042 | 8,516 | 6,720 | 5,356 | 3,411 | 14,731 | 27,271 | 49,532 | 24,524 | 15,762 | -28,731 | -48,655 | -25,956 | -9,823 | 103,406 | 173,264 | 156,472 | 90,661 | ||
| 96.5% | 90.2% | 88.7% | 85.7% | 83.8% | 81.9% | 86.8% | 85.6% | 83.2% | 70.9% | 73.3% | 65.6% | 49.3% | 34.2% | 49.6% | 24.8% | 53.8% | 89.1% | 81.3% | ||
| 5.72 | 2.42 | 2.31 | 1.71 | 1.42 | 1.21 | 2.13 | 2.63 | 3.37 | 1.55 | 1.37 | 0.56 | 0.65 | 0.85 | 0.87 | 1.49 | 3.22 | 9.93 | 6.42 | ||
| 0.04 | 0.11 | 0.13 | 0.17 | 0.19 | 0.22 | 0.15 | 0.17 | 0.20 | 0.41 | 0.36 | 0.52 | 1.03 | 1.92 | 1.02 | 3.03 | 0.86 | 0.12 | 0.23 | ||
| -18.9% | -17.5% | -9.7% | -13.5% | -11.0% | -18.0% | -20.9% | -23.2% | 5.2% | 6.0% | -5.7% | -7.7% | 24.3% | 66.0% | 30.6% | 51.2% | 6.5% | 41.4% | 54.6% | ||
| -18.2% | -15.8% | -8.6% | -11.6% | -9.2% | -14.8% | -18.2% | -19.9% | 4.3% | 4.3% | -4.2% | -5.1% | 12.0% | 22.6% | 15.2% | 12.7% | 3.5% | 36.9% | 44.4% | ||
| -6.51 | -30.47 | 49.54 | 29.37 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Insights on MASCH
The operating result for 2025 is a loss of €7,305, smaller than the loss of €8,113 in 2024.
Debt's share of the balance-sheet total falls from 9.8% to 3.5%. Equity and debt are lower.