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MASTERBULK

Active
Public limited companyfounded 1997active for 29 yearsWaalkens 10, 9030 Gent, BelgiumKBO/BCE: BE 0460.694.273
Summary

MASTERBULK has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.3m and a net result of €358,458. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 22% of 1,055 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Directors

Directors
no sitting director read yet, last change in 2026
No directors read yet: 2 of 14 Gazette acts processed. See the directors and other office holders in the KBO →

Mandate history

2 people since 2026, 0 in office
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  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
M-FORCE
  • Director, from 30-06-2026 to 03-09-2026
M-SOURCE
  • Director, from 30-06-2026 to 03-09-2026
  • Managing director, from before 30-06-2026 to 03-09-2026
See the board, name and registered office on a given date →

Owners and capital

Owners

2 owners

Chain of control

  1. M-SOURCE 55.33%
  2. MASTERBULK

Highest known parent: M-SOURCE. The sources do not say who stands above it.

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.