MASTERWERF
Annual accounts 2025
micro format, filed on 02-04-2026, 28 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €260,000. Estimated: probably between €190,000 and €400,000.
Balance sheet
balance sheet total €77,104 on 30-09-2025Position in the sector
47.9%
Higher than 51% of 35,136 companies in 2025.
1.14
Higher than 27% of 34,510 companies in 2025.
44.0%
Higher than 93% of 34,711 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€5,700
Staff costs divided by the average number of full-time equivalents.
+1 person
In 2025, 1 person joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
77,104 | |
21/28 |
31,310 | |
22/27 |
31,310 | |
23 |
14,834 | |
24 |
16,476 | |
29/58 |
45,793 | |
40/41 |
7,943 | |
40 |
5,601 | |
41 |
2,343 | |
54/58 |
36,219 | |
490/1 |
1,631 | |
| Balance sheet: equity and liabilities | ||
10/49 |
77,104 | |
10/15 |
36,907 | |
10/11 |
3,000 | |
13 |
33,907 | |
133 |
33,907 | |
17/49 |
40,197 | |
42/48 |
40,197 | |
43 |
15,000 | |
430/8 |
15,000 | |
44 |
1,925 | |
440/4 |
1,925 | |
45 |
3,863 | |
450/3 |
1,195 | |
454/9 |
2,667 | |
47/48 |
19,409 | |
| Income statement | ||
9900 |
64,395 | |
62 |
5,700 | |
630 |
8,391 | |
640/8 |
449 | |
9901 |
49,855 | |
75/76B |
476 | |
75 |
476 | |
65/66B |
303 | |
65 |
303 | |
9903 |
50,028 | |
67/77 |
16,121 | |
9904 |
33,907 | |
9905 |
33,907 | |
| Appropriation of the result | ||
9906 |
33,907 | |
691/2 |
33,907 | |
6921 |
33,907 | |
| Social balance sheet | ||
9087 |
1 | |
Hours worked1013 |
327 | |
| Document | ||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 02-04-2026.
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 | 02-04-2026 | 2026-00071202 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 58,246 | ||
| 42,298 | ||
| 39,701 | ||
| 5,597 | ||
| 47.9% | ||
| 1.14 | ||
| 1.09 | ||
| 91.9% | ||
| 44.0% | ||
| over 100 |
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
| Item | 30-09-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 0 |
| part-time | 1 |
| in full-time equivalents | 0.5 |
| 0.6 | |
| On a permanent contract | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 30-09-2025 |
|---|---|
| Tangible fixed assets | €39,701 |
| €8,391 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on MASTERWERF
Debt's share of the balance-sheet total is 52.1%.