MASTER SOLUTIONS
Open bankruptcyFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2023, micro format
2023 annual accounts filed 30 days after the deadline Filed on 30 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00445557.
Annual accounts 2023
- Financial year ended
- 31-12-2023
- Filed on
- 30-08-2024
- Format
- micro format
- Reference
- 2024-00445557
2022 to 2023, 2 financial years
The operating result for 2023 is 92% higher than in 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Repair, maintenance and installation of machinery and equipment (NACE 33). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Turnover70 | - | €524,267 | - |
| Goods, raw materials, services and sundry goods60/61 | €26,984 | €466,596 | ▲ 17× |
| Remuneration, social security and pensions62 | - | €11,614 | - |
| Other operating charges640/8 | €350 | €137 | ▼ 60.8% |
| Gross operating margin9900 | €24,274 | €57,671 | ▲ 138% |
| Operating profit (loss)9901 | €23,924 | €45,920 | ▲ 91.9% |
| Financial income75/76B | - | €1 | - |
| Recurring financial income75 | - | €1 | - |
| Financial charges65/66B | - | €251 | - |
| Recurring financial charges65 | - | €251 | - |
| Profit (loss) for the period before taxes9903 | €23,924 | €45,671 | ▲ 90.9% |
| Profit (loss) for the period9904 | €23,924 | €45,671 | ▲ 90.9% |
| Profit (loss) for the period to be appropriated9905 | €23,924 | €45,671 | ▲ 90.9% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €54,071 | €206,598 | ▲ 282% |
| Current assets29/58 | €54,071 | €206,598 | ▲ 282% |
| Amounts receivable within one year40/41 | €54,070 | €205,975 | ▲ 281% |
| Trade receivables40 | €52,588 | €202,472 | ▲ 285% |
| Other amounts receivable41 | €1,482 | €3,504 | ▲ 136% |
| Cash at bank and in hand54/58 | €1 | €623 | ▲ 623× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €54,071 | €206,598 | ▲ 282% |
| Equity10/15 | €23,925 | €69,597 | ▲ 191% |
| Contributions10/11 | €1 | €1 | = |
| Profit (loss) carried forward14 | €23,924 | €69,596 | ▲ 191% |
| Amounts payable17/49 | €30,146 | €137,001 | ▲ 354% |
| Amounts payable within one year42/48 | €30,146 | €137,001 | ▲ 354% |
| Trade debts44 | €30,146 | €120,833 | ▲ 301% |
| Suppliers440/4 | €30,146 | €120,833 | ▲ 301% |
| Taxes, remuneration and social security45 | - | €16,168 | - |
| Taxes450/3 | - | €15,766 | - |
| Remuneration and social security454/9 | - | €402 | - |
Comparable companies
These companies have the same main activity as MASTER SOLUTIONS: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €174,000 and €251,000, founded between 2020 and 2022.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| MASTER SOLUTIONS | 2021 | €206,598 | €69,597 | €57,671 | €524,267 | €45,671 | 2023 |
| DE JONGHE JEROEN Ardooie | 2020 | €192,434 | €102,242 | €61,821 | - | €19,089 | 2025 |
| JDW Mechaniek Putte | 2021 | €186,769 | €50,080 | €55,137 | - | €13,750 | 2025 |
| Lieven Carlier Oudenaarde | 2021 | €249,907 | €61,136 | €62,839 | - | €36,373 | 2025 |
| HITECH Sint-Gillis (bij-Brussel) | 2020 | €250,537 | €111,927 | €64,169 | - | €9,952 | 2025 |
| MB Service & Repair Tielt | 2020 | €178,085 | €82,709 | €63,011 | - | €30,518 | 2025 |
| GO TECHNICS Antwerpen | 2022 | €174,175 | €150,541 | €62,560 | €120,462 | €46,884 | 2025 |
They were chosen from the 1,416 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.