MASTERBYTE
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-04-2025, 98 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
98 d early
2023
104 d early
2022
104 d early
2021
100 d early
2020
93 d early
2019
78 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 96 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.6m▼ 86.2%
2023 · €11.5m
Working capital
-€1.2m▼ 41,122%
2023 · -€2,962
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€5,541▼ 459%-€981▲ 82.3%-€1,515▼ 54.6%-€3,491▼ 130%-€180,420▼ 5,069%
Net result€1.3m-€65,140-€65,591▼ 0.7%€11.5m€1.6m▼ 86.2%
Equity€2.1m▲ 788%€2.1m▼ 3.0%€2.0m▼ 3.1%€1.9m▼ 7.5%€3.5m▲ 85.3%
Total assets€3.0m▲ 589%€3.0m=€3.0m▼ 0.1%€4.8m▲ 61.2%€4.7m▼ 2.4%
Debt€859,222▲ 341%€923,222▲ 7.4%€987,222▲ 6.9%€1.2m▲ 17.5%€1.3m▲ 9.3%
Working capital-€3,430▲ 98.2%-€84,527▼ 2,364%-€150,118▼ 77.6%-€2,962▲ 98.0%-€1.2m▼ 41,122%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €180,420 in 2024 against €3,491 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.7m
Fixed assets
€4.7m =
Current assets
€882 ▼ 99.2%
Equity and liabilities €4.7m
Equity
€3.5m ▲ 85.3%
Provisions
€0 ▼ 100%
Debt
€1.3m ▲ 9.3%
Debt's share of the balance-sheet total rises from 24.0% to 26.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.00▼
2023 · 0.98
Debt to equity
0.37▼
2023 · 0.62
ROE
46.0%▼
2023 · 616.4%
ROA
33.7%▼
2023 · 237.5%
Debt ≤ 1 year
€1.2m▲
2023 · €120,501
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €348 | €868 | €960 | €968 | ▲ 0.8% |
| Gross operating margin9900 | -€5,194 | -€633 | -€647 | -€2,530 | -€179,452 | ▼ 6,992% |
| Operating profit (loss)9901 | -€5,541 | -€981 | -€1,515 | -€3,491 | -€180,420 | ▼ 5,069% |
| Financial income75/76B | - | - | - | €13.4m | €1.8m | ▼ 86.4% |
| Recurring financial income75 | - | - | - | €13.4m | €1.8m | ▼ 86.4% |
| Non-recurring financial income76B | - | - | - | €13.4m | €1.8m | ▼ 86.4% |
| Financial charges65/66B | - | €64,160 | €64,076 | €1.9m | €44,232 | ▼ 97.6% |
| Recurring financial charges65 | €48,278 | €64,160 | €64,076 | €64,256 | €44,232 | ▼ 31.2% |
| Non-recurring financial charges66B | - | - | - | €1.8m | - | - |
| Profit (loss) for the period before taxes9903 | €1.3m | -€65,140 | -€65,591 | €11.5m | €1.6m | ▼ 86.2% |
| Profit (loss) for the period9904 | €1.3m | -€65,140 | -€65,591 | €11.5m | €1.6m | ▼ 86.2% |
| Profit (loss) for the period to be appropriated9905 | €1.3m | -€65,140 | -€65,591 | €11.5m | €1.6m | ▼ 86.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.0m | €3.0m | €3.0m | €4.8m | €4.7m | ▼ 2.4% |
| Fixed assets21/28 | €3.0m | €3.0m | €3.0m | €4.7m | €4.7m | = |
| Financial fixed assets28 | €3.0m | €3.0m | €3.0m | €4.7m | €4.7m | = |
| Current assets29/58 | €7,573 | €6,433 | €4,841 | €117,540 | €882 | ▼ 99.2% |
| Cash at bank and in hand54/58 | €7,573 | €6,433 | €4,841 | €117,540 | €882 | ▼ 99.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.0m | €3.0m | €3.0m | €4.8m | €4.7m | ▼ 2.4% |
| Equity10/15 | €2.1m | €2.1m | €2.0m | €1.9m | €3.5m | ▲ 85.3% |
| Contributions10/11 | €266,020 | €759,256 | €759,256 | €759,256 | €759,256 | = |
| Capital10 | - | €266,020 | €266,020 | €266,020 | €266,020 | = |
| Issued capital100 | - | €266,020 | €266,020 | €266,020 | €266,020 | = |
| Outside capital11 | - | €493,236 | €493,236 | €493,236 | €493,236 | = |
| Share premium1100/10 | - | €493,236 | €493,236 | €493,236 | €493,236 | = |
| Reserves13 | €26,602 | €26,602 | €26,602 | €26,602 | €26,602 | = |
| Non-distributable reserves130/1 | - | €26,602 | €26,602 | €26,602 | €26,602 | = |
| Legal reserve130 | - | €26,602 | €26,602 | €26,602 | €26,602 | = |
| Profit (loss) carried forward14 | €1.4m | €1.3m | €1.2m | €1.1m | €2.7m | ▲ 147% |
| Provisions and deferred taxes16 | - | - | - | €1.8m | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €1.8m | - | - |
| Other liabilities and charges164/5 | - | - | - | €1.8m | - | - |
| Amounts payable17/49 | €859,222 | €923,222 | €987,222 | €1.2m | €1.3m | ▲ 9.3% |
| Amounts payable after more than one year17 | €800,000 | €800,000 | €800,000 | €1.0m | - | - |
| Financial debts170/4 | - | €800,000 | €800,000 | €1.0m | - | - |
| Amounts payable within one year42/48 | €11,003 | €90,959 | €154,959 | €120,501 | €1.2m | ▲ 914% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €1.2m | - |
| Trade debts44 | - | - | - | €1,191 | - | - |
| Suppliers440/4 | - | - | - | €1,191 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €119,310 | - | - |
| Taxes450/3 | - | - | - | €119,310 | - | - |
| Other amounts payable47/48 | - | €90,959 | €154,959 | - | - | - |
| Accrued charges and deferred income492/3 | - | €32,263 | €32,263 | €1,933 | €46,118 | ▲ 2,286% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.3m | -€65,140 | -€65,591 | €11.5m | €1.6m | ▼ 86.2% |
| Operating cash flow (approximation) | €1.3m | -€65,140 | -€65,591 | €11.5m | €1.6m | ▼ 86.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1.7m | €0 | ▲ 100% |
| Change in cash | - | -€1,140 | -€1,591 | €112,698 | -€116,658 | ▼ 204% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2mEq €3.5m ▲85.3%
2 profitable years in a row build equity to €3.5m.
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €11.5m
Net result €11.5m after 2 loss-making years.
18-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€65,591
Net result drops to -€65,591, the lowest in the series.
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €1.3m
Net result €1.3m after 2 loss-making years.
31-12
Financial
Equity above €2mEq €2.1m ▲788%
Equity rises from €242,030 to €2.1m.
14-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
18-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- AKILES
- MASTERBYTE
Highest known parent: AKILES. The sources do not say who stands above it.
Owners 1
- AKILESparentSourceaccounts AKILES 2024100%
Holdings 1
-
22.5%
According to the 2024 annual accounts of MASTERBYTE and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.