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MASTER SERVICES

Active Private limited companyfounded 2012active for 14 yearsKoning Albertstraat 124, 1600 Sint-Pieters-LeeuwKBO/BCE: BE 0849.720.889
MASTER SERVICES
Financial year 2025
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Annual accounts 2025

micro format, filed on 08-04-2026, 22 days before the deadline
€42,198
▲ 51.6%
-€8,024
▼ €15,619
-€9,591
▼ €15,334
€32,781
▼ 23.8%
25.0%
▼ 4.2 percentage points
1.28
▼ 0.09

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 ≈ €360,000. Estimated: probably between €240,000 and €650,000.

Balance sheet

balance sheet total €153,767 on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

25.0%

Higher than 27% of 35,074 companies in 2025.

1.28

Higher than 33% of 34,450 companies in 2025.

-6.2%

Higher than 15% of 34,650 companies in 2025.

MASTER SERVICES Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

€17,046

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 3 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202018201720162014
Balance sheet: assets
20/58 153,767164,348109,53382,07253,52249,67315,82022,05423,10224,892
21/28 5,6925,0625,9627,1628,3626,140----
22/27 3,9953,3654,5655,7656,9655,243----
24 3,9953,3654,5655,7656,9655,243----
28 1,6971,6971,3971,3971,397897----
29/58 148,075159,286103,57174,91045,16043,53315,82022,05423,10224,892
3 67,045---------
30/36 67,045---------
40/41 55,98466,7683,76145,85013,46720,70615,49422,05422,29424,829
40 45,67748,9511,17040,5947,2579,094---180
41 10,30717,8162,5925,2566,21011,61215,49422,05422,29424,649
54/58 23,41390,45597,30727,26931,39922,273326-80863
490/1 1,6322,0632,5031,792295554----
Balance sheet: equity and liabilities
10/49 153,767164,348109,53382,07253,52249,67315,82022,05423,10224,892
10/15 38,47348,06442,32037,13126,25418,63315,60717,23120,23221,944
10/11 46,00046,00046,00046,00046,00046,00046,00046,00046,00046,000
100 -----46,00046,00046,00046,00046,000
14 -7,5272,064-3,680-8,869-19,746-27,367-30,393-28,769-25,768-24,056
17/49 115,294116,28467,21344,94227,26831,0392134,8232,8702,948
42/48 115,294116,28467,21344,94227,26831,0392134,8232,8702,948
44 91,63891,83949,75027,1075,90311,6932134,8232,8702,948
440/4 91,63859,08649,75027,1075,90311,6932134,8232,8702,948
441 -32,752--------
46 -----12,149----
45 15,25114,1806,8936,3808,748-----
450/3 2,5052,0531,152876894-----
454/9 12,74712,1275,7415,5047,853-----
47/48 8,40510,26510,57011,45512,6187,197----
Income statement
9900 42,19827,83957,75043,53830,19920,765-213-2,415-77719,975
60/61 ------213---
62 47,72818,39949,69630,81821,088----29,961
630 1,9591,2001,2001,2004411,211----
640/8 535645788490745500---11,115
9901 -8,0247,5956,06711,0307,92419,055-213-2,415-777-21,102
75/76B 3924358221021--852
75 3924358221021--852
65/66B 1,6069739129754062101,411587-3,006
65 1,6069739129754062101,411587-3,006
9903 -9,5916,6475,19010,8777,62018,846-1,624-3,002-769-24,056
67/77 -903------11-
9904 -9,5915,7435,19010,8777,62018,846-1,624-3,002-780-24,056
9905 -9,5915,7435,19010,8777,62018,846-1,624-3,002-780-24,056
Appropriation of the result
9906 -7,5272,064-3,680-8,869-19,746-27,367-30,393-28,769-25,768-24,056
14P 2,064-3,680-8,869-19,746------
Social balance sheet
9087 2.811.831----1.3
Hours worked1013 2,0897361,6081,368342----2,569
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 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 08-04-2026.

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
30-09-2025 micro format 08-04-2026 2026-00074392 PDF
30-09-2024 micro format 26-03-2025 2025-00054721 PDF
30-09-2023 micro format 19-03-2024 2024-00045287 PDF
30-09-2022 micro format 27-02-2023 2023-00031676 PDF
30-09-2021 micro format 28-02-2022 2022-06500174 PDF
30-09-2020 micro format 30-03-2021 2021-08900384 PDF
30-09-2019 micro format 08-07-2020 2020-27800525 PDF
30-09-2018 full format 26-04-2019 2019-10900374 PDF
30-09-2017 full format 20-02-2019 2019-05500054 PDF
30-09-2016 full format 03-05-2017 2017-11300388 PDF
30-09-2014 full format 23-03-2015 2015-07300533 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202018201720162014
-6,0658,7957,26712,2308,36520,265----
-7,6326,9436,39012,0778,06120,056----
2,589300005007,351----
-67,042-6,85270,038-4,1309,126-----
32,78143,00236,35829,96917,89212,49315,60717,23120,23221,944
25.0%29.2%38.6%45.2%49.1%37.5%98.7%78.1%87.6%88.2%
1.281.371.541.671.661.4074.384.578.058.44
0.701.371.541.671.661.4074.384.578.058.44
3.002.421.591.211.041.670.010.280.140.13
-24.9%11.9%12.3%29.3%29.0%101.1%-10.4%-17.4%-3.9%-109.6%
-6.2%3.5%4.7%13.3%14.2%37.9%-10.3%-13.6%-3.4%-96.6%
-3.789.047.9612.55------
------365 days---

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

Item30-09-202530-09-202430-09-202330-09-2022
Employees at the balance-sheet date2-1-
part-time2-1-
in full-time equivalents1.4-0.4-
1.211.21.3
On a permanent contract-113
Joined3321
Left2330

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-2022
Financial fixed assets-€300--
€1,959€1,200€1,200€1,200

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on MASTER SERVICES

The operating result for 2025 is a loss of €8,024, after a profit of €7,595 in 2024. It is the lowest result since 2019.

Debt's share of the balance-sheet total rises from 70.8% to 75.0%. Equity and debt are lower.

Next steps

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