Equity
Equity rose in 2024 from €1.9m to €3.5m.
Equity rose in 2024 from €1.9m to €3.5m.
Short-term debts rose from €120,501 to €1.2m.
The last five annual accounts were filed 93 to 104 days before the end of the period.
Absorbed by AKILES in October 2025. The last annual accounts are for financial year 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
4.7m | 4.8m | 3.0m | 3.0m | 3.0m | 436,706 | 437,759 | 439,868 | 437,968 | 448,971 | 445,271 | 498,082 | 498,194 | 564,813 | 607,714 | 605,003 | 604,923 | 437,121 | 443,008 | |
21/28 |
4.7m | 4.7m | 3.0m | 3.0m | 3.0m | 435,971 | 435,971 | 436,104 | 436,288 | 436,020 | 436,020 | 436,020 | 436,020 | 559,282 | 603,779 | 603,841 | 603,903 | 436,542 | 439,831 | |
22/27 |
- | - | - | - | - | - | - | 134 | 267 | - | - | - | - | 62 | 124 | 186 | 248 | 522 | 836 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 212 | 464 | |
24 |
- | - | - | - | - | - | - | 134 | 267 | - | - | - | - | 62 | 124 | 186 | 248 | 310 | 372 | |
28 |
4.7m | 4.7m | 3.0m | 3.0m | 3.0m | 435,971 | 435,971 | 435,971 | 436,020 | 436,020 | 436,020 | 436,020 | 436,020 | 559,220 | 603,655 | 603,655 | 603,655 | 436,020 | 438,995 | |
29/58 |
882 | 117,540 | 4,841 | 6,433 | 7,573 | 735 | 1,788 | 3,764 | 1,680 | 12,950 | 9,250 | 62,062 | 62,173 | 5,531 | 3,936 | 1,162 | 1,020 | 578 | 3,177 | |
40/41 |
- | - | - | - | - | - | 93 | 93 | 842 | - | - | - | - | - | - | - | 20 | 17 | 1,924 | |
40 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,924 | |
41 |
- | - | - | - | - | - | 93 | 93 | 842 | - | - | - | - | - | - | - | 20 | 17 | - | |
50/53 |
- | - | - | - | - | - | - | - | - | - | 8,855 | 61,600 | 61,600 | - | - | - | - | - | - | |
54/58 |
882 | 117,540 | 4,841 | 6,433 | 7,573 | 735 | 1,695 | 3,671 | 838 | 12,950 | 395 | 462 | 573 | 5,531 | 3,936 | 1,162 | 1,000 | 561 | 1,253 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
4.7m | 4.8m | 3.0m | 3.0m | 3.0m | 436,706 | 437,759 | 439,868 | 437,968 | 448,971 | 445,271 | 498,082 | 498,194 | 564,813 | 607,714 | 605,003 | 604,923 | 437,121 | 443,008 | |
10/15 |
3.5m | 1.9m | 2.0m | 2.1m | 2.1m | 242,030 | 246,591 | 250,038 | 230,036 | 204,619 | 150,217 | 204,028 | 205,140 | 250,759 | 261,845 | 229,949 | 104,869 | 83,748 | 121,700 | |
10/11 |
759,256 | 759,256 | 759,256 | 759,256 | 759,256 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | |
10 |
266,020 | 266,020 | 266,020 | 266,020 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
266,020 | 266,020 | 266,020 | 266,020 | 266,020 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | 65,196 | |
11 |
493,236 | 493,236 | 493,236 | 493,236 | 493,236 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
493,236 | 493,236 | 493,236 | 493,236 | 493,236 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
26,602 | 26,602 | 26,602 | 26,602 | 26,602 | 139,520 | 139,520 | 139,520 | 139,520 | 139,520 | 139,520 | 139,520 | 139,520 | 185,563 | 196,649 | 164,753 | 39,673 | 18,552 | 56,504 | |
130/1 |
26,602 | 26,602 | 26,602 | 26,602 | 26,602 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
26,602 | 26,602 | 26,602 | 26,602 | 26,602 | 6,520 | 6,520 | 6,520 | 6,520 | 6,520 | 6,520 | 6,520 | 6,520 | 6,520 | 6,520 | 6,520 | 6,520 | 6,520 | 6,520 | |
133 |
- | - | - | - | - | 133,000 | 133,000 | 133,000 | 133,000 | 133,000 | 133,000 | 133,000 | 133,000 | 179,043 | 190,129 | 158,233 | 33,153 | 12,032 | 49,984 | |
14 |
2.7m | 1.1m | 1.2m | 1.3m | 1.4m | 37,315 | 41,875 | 45,322 | 25,320 | -96 | -54,499 | -688 | 424 | - | - | - | - | - | - | |
16 |
- | 1.8m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
160/5 |
- | 1.8m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | 1.8m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
1.3m | 1.2m | 987,222 | 923,222 | 859,222 | 194,676 | 191,168 | 189,830 | 207,932 | 244,352 | 295,054 | 294,054 | 293,054 | 314,054 | 345,869 | 375,054 | 500,054 | 353,373 | 321,309 | |
17 |
- | 1.0m | 800,000 | 800,000 | 800,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
170/4 |
- | 1.0m | 800,000 | 800,000 | 800,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
1.2m | 120,501 | 154,959 | 90,959 | 11,003 | 194,676 | 191,168 | 189,830 | 207,932 | 244,352 | 295,054 | 294,054 | 293,054 | 314,054 | 345,869 | 375,054 | 500,054 | 353,373 | 321,309 | |
42 |
1.2m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
- | 1,191 | - | - | - | - | - | - | - | - | - | - | - | - | 815 | - | - | 1,520 | 3,574 | |
440/4 |
- | 1,191 | - | - | - | - | - | - | - | - | - | - | - | - | 815 | - | - | 1,520 | 3,574 | |
45 |
- | 119,310 | - | - | - | - | - | - | - | 4,880 | - | - | - | - | - | - | - | - | 36,917 | |
450/3 |
- | 119,310 | - | - | - | - | - | - | - | 4,880 | - | - | - | - | - | - | - | - | 1,302 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 35,615 | |
47/48 |
- | - | 154,959 | 90,959 | 11,003 | 194,676 | 191,168 | 189,830 | 207,932 | 239,472 | 295,054 | 294,054 | 293,054 | 314,054 | 345,054 | 375,054 | 500,054 | 351,852 | 280,818 | |
492/3 |
46,118 | 1,933 | 32,263 | 32,263 | 48,219 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 36,000 | 36,000 | - | - | - | |
76A |
- | - | - | - | 1.4m | - | - | - | - | - | - | - | - | - | - | - | 2,000 | - | - | |
9900 |
-179,452 | -2,530 | -647 | -633 | -5,194 | -643 | -568 | 23,380 | 25,963 | 57,599 | -567 | -634 | 16,641 | 34,628 | 33,186 | 36,015 | -32,694 | -34,059 | -59,702 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,814 | - | 32,694 | 34,059 | 59,702 | |
630 |
- | - | - | - | - | - | 134 | 134 | 134 | - | - | - | 62 | 62 | 62 | 62 | 274 | 314 | 314 | |
640/8 |
968 | 960 | 868 | 348 | 348 | 348 | 348 | 348 | 348 | 437 | 437 | 437 | 437 | 1,085 | 1,081 | 577 | 571 | 4,539 | 695 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 44,434 | - | - | - | - | 125 | |
9901 |
-180,420 | -3,491 | -1,515 | -981 | -5,541 | -991 | -1,049 | 22,899 | 25,482 | 57,162 | -1,004 | -1,070 | 16,143 | 33,481 | 32,043 | 35,376 | -33,539 | -38,912 | -60,710 | |
75/76B |
1.8m | 13.4m | - | - | 1.4m | - | - | - | - | - | - | - | 0 | 8 | 1 | 89,885 | 52,847 | 61 | 117 | |
75 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | 8 | 1 | 89,885 | 52,847 | 61 | 117 | |
76B |
1.8m | 13.4m | - | - | 1.4m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
44,232 | 1.9m | 64,076 | 64,160 | 48,278 | 3,570 | 2,398 | 2,897 | 66 | 2,760 | 52,807 | 41 | 61,763 | 139 | 151 | 169 | 187 | 340 | 237 | |
65 |
44,232 | 64,256 | 64,076 | 64,160 | 48,278 | 3,570 | 2,398 | 2,897 | 66 | 2,760 | 52,807 | 41 | 61,763 | 139 | 151 | 169 | 187 | 340 | 237 | |
66B |
- | 1.8m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
1.6m | 11.5m | -65,591 | -65,140 | 1.3m | -4,561 | -3,447 | 20,002 | 25,416 | 54,403 | -53,811 | -1,112 | -45,619 | -11,085 | 31,894 | 125,092 | 21,121 | -39,192 | -60,956 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | 1 | -2 | 12 | - | -1,240 | 172 | |
9904 |
1.6m | 11.5m | -65,591 | -65,140 | 1.3m | -4,561 | -3,447 | 20,002 | 25,416 | 54,403 | -53,811 | -1,112 | -45,619 | -11,086 | 31,896 | 125,080 | 21,121 | -37,952 | -61,129 | |
9905 |
1.6m | 11.5m | -65,591 | -65,140 | 1.3m | -4,561 | -3,447 | 20,002 | 25,416 | 54,403 | -53,811 | -1,112 | -45,619 | -11,086 | 31,896 | 125,080 | 21,121 | -37,952 | -61,129 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
2.7m | 12.7m | 1.2m | 1.3m | 1.4m | 37,315 | 41,875 | 45,322 | 25,320 | -96 | -54,499 | -688 | -45,619 | -11,086 | 31,896 | 125,080 | 21,121 | -37,952 | -61,129 | |
14P |
1.1m | 1.2m | 1.3m | 1.4m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | 133,000 | - | - | - | - | - | - | - | 46,043 | 11,086 | - | - | - | 37,952 | 61,129 | |
691/2 |
- | - | - | - | 153,082 | - | - | - | - | - | - | - | - | - | 31,896 | 125,080 | 21,121 | - | - | |
691 |
- | - | - | - | 133,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | 20,082 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 31,896 | 125,080 | 21,121 | - | - | |
694/7 |
- | 11.7m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | 11.7m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 20 older financial years (1985-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 2 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 2024 (PDF), filed on 24-04-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 24-04-2025 | 2025-00074233 | |
| 31-12-2023 | abbreviated format | 18-04-2024 | 2024-00064343 | |
| 31-12-2022 | abbreviated format | 18-04-2023 | 2023-00060359 | |
| 31-12-2021 | abbreviated format | 22-04-2022 | 2022-20006315 | |
| 31-12-2020 | abbreviated format | 29-04-2021 | 2021-11900247 | |
| 31-12-2019 | abbreviated format | 14-05-2020 | 2020-12100273 | |
| 31-12-2018 | full format | 23-04-2019 | 2019-10300196 | |
| 31-12-2017 | full format | 18-04-2018 | 2018-10100149 | |
| 31-12-2016 | full format | 31-05-2017 | 2017-13900042 | |
| 31-12-2016 | micro format | 04-05-2017 | 2017-11100558 | |
| 31-12-2015 | full format | 22-04-2016 | 2016-10500184 | |
| 31-12-2014 | full format | 07-05-2015 | 2015-11400537 | |
| 31-12-2013 | full format | 12-05-2014 | 2014-11900460 | |
| 31-12-2012 | full format | 27-06-2013 | 2013-23200484 | |
| 31-12-2011 | abbreviated format | 20-07-2012 | 2012-32600195 | |
| 31-12-2010 | abbreviated format | 28-07-2011 | 2011-36400262 | |
| 31-12-2009 | abbreviated format | 07-07-2010 | 2010-27900414 | |
| 31-12-2008 | abbreviated format | 28-07-2009 | 2009-49200076 | |
| 31-12-2007 | abbreviated format | 23-07-2008 | 2008-45200053 | |
| 31-12-2006 | abbreviated format | 19-07-2007 | 2007-42700029 | |
| 31-12-2005 | abbreviated format | 04-08-2006 | 2006-60802370 | |
| 31-12-2004 | abbreviated format | 29-07-2005 | 2005-60003281 | |
| 31-12-2003 | abbreviated format | 27-07-2004 | 2004-51501155 | |
| 31-12-2002 | abbreviated format | 23-07-2003 | 2003-48404987 | |
| 30-06-2001 | abbreviated format | 28-11-2001 | 2001-71701754 | |
| 31-12-1999 | abbreviated format | 24-07-2000 | 2000-44803479 | |
| 31-12-1998 | abbreviated format | 22-07-1999 | 1999-35604392 | |
| 31-12-1997 | abbreviated format | 30-07-1998 | 1998-37105158 | |
| 31-12-1996 | abbreviated format | 22-07-1997 | 1997-32103413 | |
| 31-12-1995 | abbreviated format | 02-07-1996 | 1996-29601090 | |
| 31-12-1994 | abbreviated format | 27-07-1995 | 1995-42901692 | |
| 31-12-1993 | abbreviated format | 26-07-1994 | 1994-32303060 | |
| 31-12-1992 | abbreviated format | 30-09-1993 | 1993-37705385 | |
| 31-12-1991 | abbreviated format | 13-07-1992 | 1992-21400842 | |
| 31-12-1990 | abbreviated format | 01-10-1991 | 1991-26800026 | |
| 31-12-1989 | abbreviated format | 21-08-1990 | 1990-22000957 | |
| 31-12-1988 | abbreviated format | 21-03-1990 | 1990-02200188 | |
| 31-12-1987 | abbreviated format | 22-12-1988 | 1988-24901231 | |
| 31-12-1986 | abbreviated format | 22-12-1988 | 1988-24901223 | |
| 31-12-1985 | abbreviated format | 28-11-1986 | 1986-44301357 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | -916 | 23,033 | 25,616 | - | - | - | 16,205 | 33,543 | 32,105 | 35,438 | -33,265 | -38,598 | -60,396 | ||
| - | - | - | - | - | - | -3,313 | 20,136 | 25,550 | - | - | - | -45,557 | -11,024 | 31,958 | 125,142 | 21,395 | -37,638 | -60,814 | ||
| - | 4.7m | - | - | 3.0m | - | 0 | -50 | 401 | - | - | - | -123,200 | -44,434 | 0 | 0 | 167,634 | -2,975 | - | ||
| -116,658 | 112,698 | -1,591 | -1,140 | 6,837 | -960 | -1,976 | 2,832 | -12,112 | 12,555 | -66 | -112 | -4,957 | 1,595 | 2,774 | 162 | 439 | -692 | - | ||
| -1.2m | -2,962 | -150,118 | -84,527 | -3,430 | -193,940 | -189,380 | -186,066 | -206,252 | -231,401 | -285,804 | -231,992 | -230,881 | -308,523 | -341,934 | -373,892 | -499,034 | -352,795 | -318,132 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 89.0% | 98.3% | - | - | - | ||
| 73.2% | 38.5% | 67.1% | 69.3% | 71.4% | 55.4% | 56.3% | 56.8% | 52.5% | 45.6% | 33.7% | 41.0% | 41.2% | 44.4% | 43.1% | 38.0% | 17.3% | 19.2% | 27.5% | ||
| 0.00 | 0.98 | 0.03 | 0.07 | 0.69 | 0.00 | 0.01 | 0.02 | 0.01 | 0.05 | 0.03 | 0.21 | 0.21 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | ||
| 0.37 | 0.62 | 0.49 | 0.44 | 0.40 | 0.80 | 0.78 | 0.76 | 0.90 | 1.19 | 1.96 | 1.44 | 1.43 | 1.25 | 1.32 | 1.63 | 4.77 | 4.22 | 2.64 | ||
| 46.0% | 616.4% | -3.3% | -3.1% | 62.6% | -1.9% | -1.4% | 8.0% | 11.0% | 26.6% | -35.8% | -0.5% | -22.2% | -4.4% | 12.2% | 54.4% | 20.1% | -45.3% | -50.2% | ||
| 33.7% | 237.5% | -2.2% | -2.2% | 44.7% | -1.0% | -0.8% | 4.5% | 5.8% | 12.1% | -12.1% | -0.2% | -9.2% | -2.0% | 5.2% | 20.7% | 3.5% | -8.7% | -13.8% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 106 days | - | - | 16 days | 22 days |
EBIT margin: not included in this filing.
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.
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Financial fixed assets | - | €4.7m | - | - |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is a loss of €180,420, larger than the loss of €3,491 in 2023. It is the lowest result since 2006.
Debt's share of the balance-sheet total rises from 24.0% to 26.8%. Equity and debt are higher.
Source: lists of holdings in the owners' accounts
Source: list of holdings in its own 2024 accounts. Every holding stands with its own latest accounts.
| Belgoinvest via Christophe Christian Jean Paul ROUSSEAUX, at MASTERBYTE, last mentioned in 2020 · Sole director · deed of 24-10-2024 founded in 1966 |
total assets €35.4m (2025) |
| SIELO MANAGEMENT via Christophe Christian Jean Paul ROUSSEAUX, at MASTERBYTE, last mentioned in 2020 · Director (not named in the articles) · deed of 14-10-2024 founded in 2024 |
3.5 FTE (2025) |
| VYMACO via LIÉNART VAN LIDTH DE JEUDE Yves Henry Jean Marie Michel Ghislain, at MASTERBYTE until 2024 · Permanent representative · deed of 07-04-2020 founded in 1988 |
total assets €2.2m (2026) |
| LPB via PUISSANT BAEYENS Laurent François Marguerite Marie, at MASTERBYTE, last mentioned in 2020 · Permanent representative · deed of 05-08-2019 founded in 2007 |
total assets €669,812 (2025) |
| AKILES MANAGEMENT via PUISSANT BAEYENS Laurent François Marguerite Marie, at MASTERBYTE, last mentioned in 2020 · Permanent representative · deed of 03-08-2023 founded in 2019 |
total assets €226,493 (2025) |
| SVM Partners via PUISSANT BAEYENS Laurent François Marguerite Marie, at MASTERBYTE, last mentioned in 2020 · Director · deed of 18-06-2026 |
founded in 2026 |
| Yalla Sœur-Zuster Emmanuelle via PUISSANT BAEYENS Laurent François Marguerite Marie, at MASTERBYTE, last mentioned in 2020 · Treasurer · deed of 23-10-2024 |
founded in 1980 |
| CALERA via Christophe Christian Jean Paul ROUSSEAUX, at MASTERBYTE, last mentioned in 2020 · Director · deed of 11-06-2021 No longer active |
total assets €12.9m (2023) |
| SIELO via Christophe Christian Jean Paul ROUSSEAUX, at MASTERBYTE, last mentioned in 2020 · Director · deed of 03-12-2019 No longer active |
3.7 FTE (2023) |
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
MASTERBYTE is no longer in the KBO register. AKILES took it over in a merger by absorption, published in the Belgian Official Gazette on 1 October 2025.
If something looks wrong or is missing, please tell us.