Turnover
≈ €37,000 estimated
The micro format states no turnover.
MASTEF
Overview
Lifetime
2 annual accounts with figures on one time axispeak €6,076 (2024)
€4,917▼ 19.1%
peak €4,811 (2024)
€3,668▼ 23.8%
peak €8,479 (2025)
€8,479▲ 16.0%
€7,453▲ 127%
Board1 name since 2023
1 director
Documentsfilings and deeds
25-12-202537 days before the deadline
2025micro format
Gross margin from €6,076 to €4,917Equity from €7,311 to €8,479Debts from €3,289 to €7,453Cash from €3,728 to €1,632
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as MASTEF 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
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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.
| 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 MASTEF. 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.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803351228
Incorporation
Founding capital of €2,500, 100 shares · Founder: (comparant) · Appointment: (director) · published on 03-07-2023 · Gazette deed
First establishment
Ninoofse Steenweg 716, Anderlecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MASTEF Sint-Pieters-Leeuw | €15,932 | €4,917 | 53.2% | - |
| Viti Technology Kapellen | €36,326 | €6,659 | 20.6% | - |
| NFC Halle | €22,910 | €14,116 | 47.2% | - |
| SM SPEED TRANS Wezembeek-Oppem | €35,493 | €2,127 | 5.9% | - |
| SOULY HRD Molenbeek-Saint-Jean | €41,104 | €12,141 | 72.9% | - |
| BC Expert Consult Uccle | €9,244 | €3,569 | 28.5% | - |
| AGAV Ninove | €56,565 | €13,333 | 25.3% | - |
These companies have the same main activity as MASTEF: telecommunications resale and intermediation services (NACE 61200). They are comparable in size and age: total assets between €9,240 and €56,600, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 29-06-2023Normal situation
- Registered office
- 617 active companies are registered at this address122 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Telecommunications resale and intermediation servicesNACE 61200and 8 others
- Establishment unit
- 2.346.886.2941070 Anderlecht, since 29-06-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 20-01-2026
Annual accounts to 30-06-2025
- €4,917▼ 19.1%
- €3,668▼ 23.8%
- €8,479▲ 16.0%
- €15,932▲ 50.3%
- Filing
- Filed on 25-12-2025, 37 days before the end of the filing period
Insights on MASTEF
The 2025 annual accounts show equity of €8,479 and a net result of €3,668. Its solvency ranks better than 59% of 334 sector peers (NACE 61, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 25-12-2025, 37 days before the deadline€4,917
▼ 19.1%
€4,849
▼ 20.2%
€3,668
▼ 23.8%
€9,863
▲ 34.9%
53.2%
▼ 15.7 percentage points
2.63
▼ 0.60
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 ≈ €37,000. Estimated: probably between €17,000 and €90,000.
Balance sheet
balance sheet total €15,932 on 30-06-2025What the company ownsHow it is paid for
in 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.
MASTEF
Middle half of the sector
80% of the sector
Micro accounts in telecommunications (NACE 61)
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.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 01-06-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 25-12-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 03-07-2023
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), from 01-06-2023 to date
Control
Founder
This company
MASTEF
Equity €8,479
Profit €3,668 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €84.79 in 2025
- Source
- deed of 03-07-2023
Articles of association
deed of 03-07-2023 (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.
- Third Friday of December at 14:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 03-07-2023 ↗
- 100 shares (100%) · €2,500 in cash
Network & group
No group
MASTEF has no parent and no holdings in its annual accounts. is the only director. MASTEF shares no director with another company.
At the same address
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registered office since 02-06-2023 · founded in 2023 |
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| S&B PROF CONSTRUCT
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Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-01-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0803351228
2025
Annual accounts 2025 filed PDFmicro format · 37 days before the deadline
Annual accounts 2024 filed PDFmicro format · 2 days before the deadline
2023
IncorporationFounding capital of €2,500, 100 shares · Founder: (comparant) · Appointment: (director) · published on 03-07-20235 points ▸
- Founder, (comparant)
- Founding capital, €2,500, 100 shares
- Board composition, 1
- Director appointment, (director (not named in the articles))
- Power of attorney,
- The deed holds 1 more point.
First establishment Ninoofse Steenweg 716, Anderlecht
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0803.351.228
- VAT number
- BE 0803.351.228
- Peppol ID
- 0208:0803351228
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 29-06-2023
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of December at 14:00deed of 03-07-2023 (in Dutch)
- Meeting accessThe articles set who may attend the meeting and what is needed to be admitted.
- “Indien enkel het stemrecht geschorst is, mag hij nog steeds deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de stemming”deed of 03-07-2023 (in Dutch)
- Voting ruleThe articles set which majority the meeting decides by, for example a simple or a special majority.
- “Elke aandeelhouder kan aan ieder andere persoon, al dan niet aandeelhouder, door alle middelen van overdracht, een schriftelijke volmacht…”deed of 03-07-2023 (in Dutch)
- Peppol
- Reachable since 20-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MASTEF in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 03-07-2023 (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.
- “Bergensesteenweg 24/8, 1600 Sint-Pieters-Leeuw”deed of 03-07-2023 (in Dutch)
Activities
NACEBEL 202561200
Telecommunications resale and intermediation services main activity
43221
Plumbing work
43310
Plastering work
43320
Joinery installation
43331
Floor and wall tiling
43422
Screed work
Codes under NACEBEL 2008
61900
Telecommunications main activity
43211
Specialised construction activities
81210
General cleaning of buildings
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle bouwondernemingsactiviteiten in de breedste zin van het woord, het optrekken van de ruwbouw, de algemene bouwonderneming, bekisting…”deed of 03-07-2023 (in Dutch)
4 activities
- Alle bouwondernemingsactiviteiten in de breedste zin van het woord, het optrekken van de ruwbouw, de algemene bouwonderneming, bekisting, betonwapening; de coördinatie van onderaannemers, de afbraak-, vlak- en afgravingwerken, alle metsel-, voeging- en waterdichtheidwerken; alle asfalteringwerken; de montage van daken en het onderhoud ervan; het plaatsen van dakbedekking van ongeacht welk materiaal en van dakgoten en regenafvoerbuizen; alle geraamtewerken (hout- en stalconstructies, of andere); akoestische en thermische isolatie; de bekleding van wanden, vloeren, plafonds, gevels; al dan niet industriële schilderwerken; betegelen-en mozaïekwerken; deklaag- en stucwerken; de montage van buiten- en binnenschrijnwerk van hout en kunststof: deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enzovoort; de installatie van al dan niet verplaatsbare tussenwanden en de installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enzovoort in hout of kunststof; de natuursteen- en marmerbewerking; alle vernieuwingswerken, schoonmaakwerken; het schoorsteenvegen; het plaatsen van stellingen, ijzerwaren, smeedwerk, alle metaalwerken; alle werken van glazenmakervak, het plaatsen van ruiten, spiegels, glas-in-loodramen, het vervaardigen van doorzichtige wanden; alle sanitair- en loodgieterijwerken; de installatie van elektrische bedrading en toebehoren, van de installatie van bewakingssystemen en alarminstallaties tegen diefstal; het garneren van meubilair; de kleinhandel, de invoer en de uitvoer van constructiematerialen; alle hydraulische werken, maritieme of rivierwerken, constructie of herstelling van sluizen, stuwdammen, dijken, kanalen en kunstwerken, doorleggings- afwatering- en pompenwerken, irrigatie- en uitbaggeringwerken, créatie en onderhoud van vijvers, rivieren en beekjes; het aanleggen van wegen, fietspaden, enzovoort
- Het schoonmaken en het onderhoud van onroerende goederen, het schoonmaken van vensters en van bureaus, kleine bureauwerkjes, interimdiensten, onderaanneming. Het aanbieden van thuishulp van huishoudelijke aard in het kader van dienstencheques: schoonmaak van de woning met inbegrip van de ramen; wassen en strijken; occasionele kleine naaiwerken; bereiden van maaltijden; strijken in een lokaal van de onderneming alsook activiteiten verricht buiten het huis van de gebruiker zoals onder andere boodschappendienst, mindermobielencentra voor bejaarden en strijkateliers
- Alle activiteiten die rechtstreeks of onrechtstreeks betrekking hebben op de restauratie in het algemeen en de Horeca sector, de organisatie van banketten en recepties, de catering, met inbegrip van de organisatie, het beheer en de uitbating van restaurants, bars, cafetaria’s, drankgelegenheid, alsmede alle verrichtingen van toerisme, hotelwezen, ontspanning en vrije tijd met inbegrip van de aankoop in groothandel en kleinhandel, de invoer en uitvoer van alle producten die rechtstreeks of onrechtstreeks op deze activiteiten betrekking hebben
- Alle activiteiten die rechtstreeks of onrechtstreeks betrekking hebben op de telecommunicatie; de installatie van bedrading voor telecommunicatiedoeleinden en voor computersystemen en kabeltelevisie, met inbegrip van optische vezels; het verlenen van toegang tot telefonie- en internetdiensten in openbare ruimten; Het voorzien van telecommunicatiediensten via bestaande telecommunicatieverbindingen; de verkoop van smartphones en gsm's, van tablets, van accessoires, van abonnementen, van herlaadkaarten, van internetaanbod
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Bergensesteenweg 24 registered office 1600 Sint-Pieters-Leeuw | ||
| Ninoofse Steenweg 716 1070 Anderlecht | 29-06-2023 | 2.346.886.294 |
Buildings and parcels at the addresses
- Ground area
- 2,249 m²
- Buildings
- 621 m²
- Volume, LiDAR
- 6,592 m³
- Tallest building
- 17.7 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 |
| 21302A0025/00Z011 | Brussels | 611 m² | 1 · 223 m² | 17.7 m · 5 |
Contact
E-mail
stefan_munteanu@outlook.it
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 0803.351.228