MASTEF
Annual accounts 2025
micro format, filed on 25-12-2025, 37 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 ≈ €37,000. Estimated: probably between €17,000 and €90,000.
Balance sheet
balance sheet total €15,932 on 30-06-2025in euro
in euro
Position in the sector
53.2%
Higher than 59% of 334 companies in 2025.
2.63
Higher than 70% of 322 companies in 2025.
23.0%
Higher than 78% of 326 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
15,932 | 10,600 | |
29/58 |
15,932 | 10,600 | |
40/41 |
14,300 | 6,872 | |
40 |
14,300 | 4,271 | |
41 |
0 | 2,602 | |
54/58 |
1,632 | 3,728 | |
490/1 |
0 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
15,932 | 10,600 | |
10/15 |
8,479 | 7,311 | |
10/11 |
- | 2,500 | |
10 |
- | 2,500 | |
100 |
- | 2,500 | |
14 |
8,479 | 4,811 | |
17/49 |
7,453 | 3,289 | |
42/48 |
6,069 | 3,289 | |
44 |
2,591 | 1,497 | |
440/4 |
2,591 | 1,497 | |
45 |
3,423 | 1,793 | |
450/3 |
1,423 | 1,593 | |
454/9 |
2,000 | 200 | |
47/48 |
55 | - | |
492/3 |
1,384 | - | |
| Income statement | |||
9900 |
4,917 | 6,076 | |
640/8 |
68 | - | |
9901 |
4,849 | 6,076 | |
65/66B |
70 | 65 | |
65 |
70 | 65 | |
9903 |
4,779 | 6,011 | |
67/77 |
1,111 | 1,200 | |
9904 |
3,668 | 4,811 | |
9905 |
3,668 | 4,811 | |
| Appropriation of the result | |||
9906 |
8,479 | 4,811 | |
14P |
4,811 | - | |
| Social balance sheet | |||
Hours worked1013 |
- | 0 | |
| Document | |||
Source: Annual accounts 2025 (PDF), filed on 25-12-2025.
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 |
|---|---|---|---|
| -2,096 | - | ||
| 9,863 | 7,311 | ||
| 53.2% | 69.0% | ||
| 2.63 | 3.22 | ||
| 0.88 | 0.45 | ||
| 43.3% | 65.8% | ||
| 23.0% | 45.4% |
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.
Social balance sheet
| Item | 30-06-2024 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2024 annual accounts
Insights on MASTEF
The operating result for 2025 is 20% lower than in 2024.
Debt's share of the balance-sheet total rises from 31.0% to 46.8%. Equity and debt are higher.