STUDIEBUREAU MAST

Active

Private limited companyfounded 2023active for 3 yearsVondelen(DE) 56, 9450 Haaltert, BelgiumKBO/BCE: BE 0805.243.916

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

STUDIEBUREAU MAST has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,069 and a net result of €594. Equity remains stable across the filed financial years (±1.1% per year). Its solvency ranks better than 24% of 39,218 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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STUDIEBUREAU MASTActiveChecked score 88/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 29-08-2023 Normal situation
Legal form: Private limited company
Registered office: Vondelen(DE) 56, 9450 Haaltert
Activity: Business and other management consultancy NACE 70200and 4 others
Establishment unit: 2.349.484.906 9450 Haaltert, since 29-08-2023
Financial year end: 31 December
Peppol: Reachable since 05-12-2025

Company details

Who decides

Board

STEPPE,Mathieu Madeleine BernardDirector · since 29-08-2023

Board & ownership

How it is doing

88 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Annual accounts 2025

Gross margin: €4,054; ▼ 7.2%
Turnover: ≈ €19,000; estimated
Profit: €594
Equity: €9,069; ▲ 7.0%
Total assets: €41,089; ▲ 26.6%

2025 accounts 24 days early

Filed on 07-07-2026at the National Bank

Financials

Why 88raises riskFounded in 2023lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €41,089Figures for financial year 2025 (filed 07-07-2026)Show the evidence

Checked score

Score 2025

88 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 30% of its sector peers (NACE 70, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 47-4

equity 22.1% of total assets

Liquidity 25+9

short-term debt 76.0% · cash 13.3%

Profitability 66=

return on assets 1.4%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,516 companies, NACE 70, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026highest value 08-2026: 0.2%▼ -0.2 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026

Credit of up to €500 on 30-day terms is acceptable

Liquidity tight (current ratio 1.16, compared with 1.19 in 2024, below the usual 1.5; short-term debt: 76% and cash: 13.3% of total assets), and 77.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 25% on solvency, 11% on liquidity, 29% on profitability and 53% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Sector: Activities of head offices; management consultancy activities (NACE 70)

KBO

Founded in 2023

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Size: total assets €41,089

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 07-07-2026)

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 39218 sector peers (2025).

NBB · sector comparison

Position among 39218 sector peers

Solvency

better than 24%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

24 days early

2024

38 days early

2023

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 21 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (3 of the last 3 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2023.

KBO publications · our coverage

Key points

Caution: Among the weakest 17% on equitysector median €78,218 · 39,250 companies €9,069 View

Documents

Annual accounts at the NBB

Annual accounts 2025filed on 07-07-2026
Annual accounts 2024filed on 23-06-2025
Annual accounts 2023filed on 31-07-2024

Acts in the Belgian Official Gazette

Incorporationact of 31-08-2023

All publications in the Belgian Official Gazette

Articles and registers

Coordinated articles of associationnotaries' database
Entry in the KBO registerKBO Public Search

Key facts about STUDIEBUREAU MAST

What is the company number of STUDIEBUREAU MAST?: 0805.243.916. In Belgium the VAT number is the company number with BE in front: BE 0805.243.916.
Where is STUDIEBUREAU MAST based?: The registered office is at Vondelen(DE) 56, 9450 Haaltert.Company details
What does STUDIEBUREAU MAST do?: According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of STUDIEBUREAU MAST?: Private limited company (BV).
When was STUDIEBUREAU MAST founded?: On 29-08-2023.
Is STUDIEBUREAU MAST still active?: Yes, STUDIEBUREAU MAST is an active enterprise in the KBO register.
What is the turnover of STUDIEBUREAU MAST?: ≈ €19,000 in financial year 2025. Estimated from the gross margin of €4,054: probably between €8,700 and €38,000, based on 205 comparable companies, NACE 70200. A rough estimate.Financials
Is STUDIEBUREAU MAST profitable?: In financial year 2025, STUDIEBUREAU MAST made a profit of €594.
Where can I find the annual accounts of STUDIEBUREAU MAST?: STUDIEBUREAU MAST filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of STUDIEBUREAU MAST due?: By 31-07-2027, for financial year 2026.Timeline