What does MASTERLOG do?

MASTERLOG is a shop in Hove. Private Limited, started on 23 December 1955, 1 establishment.

What is the address of MASTERLOG?

The registered office of MASTERLOG is located at Veldkantvoetweg 98, 2540 Hove.

Is MASTERLOG still active?

Yes. According to the CBE (29 October 2026) MASTERLOG is active, legal situation “Normale toestand”, started on 23 December 1955.

Is MASTERLOG registered on Peppol?

Yes, MASTERLOG is registered on the Peppol network with ID 0208:0405886305.

What is the enterprise number of MASTERLOG?

The enterprise number of MASTERLOG is BE0405886305.

When was MASTERLOG founded?

MASTERLOG was founded on 23 December 1955.

Who are the directors of MASTERLOG?

According to the 2025 annual accounts, the directors of MASTERLOG are: Axel Massart.

Is MASTERLOG a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 December 1955; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MASTERLOG make in 2025?

MASTERLOG posted a profit after taxes of € 67,208 in financial year 2025.

What is the revenue of MASTERLOG?

As a small company, MASTERLOG is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 67,056.

MASTERLOG (Private Limited) - Hove - BE0405886305

Dossier MASTERLOG, printed on 29 October 2026 from databakkes.be/en/0405886305/masterlog. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MASTERLOG from Hove, company number BE0405886305, closed financial year 2025 with a result of € 67,208 after tax. For that financial year MASTERLOG recorded a gross margin of € 67,056 and equity of € 101,917. Compared with financial year 2024, the result moved from € -68,188 to € 67,208. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 19, 2026.

What it is worth Growing

€ 101,917

▲ 194% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 67,208

▲ still € 68,188 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 14,856

▼ 87% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -4,371.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 746

▼ 99% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,139 Gross margin 2022: € 2,139 First fiscal year in the series	€ 40,784 Gross margin 2023: € 40,784 ▲ € 38,645 vs 2022 (€ 2,139) Favourable step	€ -71,785 Gross margin 2024: € -71,785 ▼ € 112,569 vs 2023 (€ 40,784) Unfavourable step	€ 67,056 Gross margin 2025: € 67,056 ▲ € 138,841 vs 2024 (€ -71,785) Favourable step	▲ € 138,841
Profit after taxes	€ 4,062 Profit after taxes 2022: € 4,062 First fiscal year in the series	€ 36,413 Profit after taxes 2023: € 36,413 ▲ € 32,351 vs 2022 (€ 4,062) Favourable step	€ -68,188 Profit after taxes 2024: € -68,188 ▼ € 104,601 vs 2023 (€ 36,413) Unfavourable step	€ 67,208 Profit after taxes 2025: € 67,208 ▲ € 135,396 vs 2024 (€ -68,188) Favourable step	▲ € 135,396
Equity	€ 66,484 Equity 2022: € 66,484 First fiscal year in the series	€ 102,897 Equity 2023: € 102,897 ▲ 55% vs 2022 (€ 66,484) Favourable step	€ 34,709 Equity 2024: € 34,709 ▼ 66% vs 2023 (€ 102,897) Unfavourable step	€ 101,917 Equity 2025: € 101,917 ▲ 194% vs 2024 (€ 34,709) Favourable step	▲ 194%
Total debts	€ 52,518 Total debts 2022: € 52,518 First fiscal year in the series	€ 170,528 Total debts 2023: € 170,528 ▲ 225% vs 2022 (€ 52,518) Unfavourable step	€ 110,176 Total debts 2024: € 110,176 ▼ 35% vs 2023 (€ 170,528) Favourable step	€ 746 Total debts 2025: € 746 ▼ 99% vs 2024 (€ 110,176) Favourable step	▼ 99%
Cash	€ 76,218 Cash 2022: € 76,218 First fiscal year in the series	€ 84,802 Cash 2023: € 84,802 ▲ 11% vs 2022 (€ 76,218) Favourable step	€ 110,392 Cash 2024: € 110,392 ▲ 30% vs 2023 (€ 84,802) Favourable step	€ 14,856 Cash 2025: € 14,856 ▼ 87% vs 2024 (€ 110,392) Unfavourable step	▼ 87%
Retained profit	€ -39,804 Retained profit 2022: € -39,804 First fiscal year in the series	€ -3,391 Retained profit 2023: € -3,391 ▲ € 36,413 vs 2022 (€ -39,804) Favourable step	€ -71,579 Retained profit 2024: € -71,579 ▼ € 68,188 vs 2023 (€ -3,391) Unfavourable step	€ -4,371 Retained profit 2025: € -4,371 ▲ € 67,208 vs 2024 (€ -71,579) Favourable step	▲ € 67,208
Balance sheet total	€ 119,002 Balance sheet total 2022: € 119,002 First fiscal year in the series	€ 273,424 Balance sheet total 2023: € 273,424 ▲ 130% vs 2022 (€ 119,002) Unchanged	€ 144,884 Balance sheet total 2024: € 144,884 ▼ 47% vs 2023 (€ 273,424) Unchanged	€ 102,663 Balance sheet total 2025: € 102,663 ▼ 29% vs 2024 (€ 144,884) Unchanged	▼ 29%

Key figures of MASTERLOG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to MASTERLOG?

What happened at MASTERLOG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 19, 2026 New annual accounts for financial year 2025: profit of € 67,208. Source: NBB ↗
2011 Axel Massart became a director. NBB
Dec 23, 1955 New establishment in Hove. KBO
Dec 23, 1955 Start of the company according to the CBE. KBO

In short

From € 4,062 profit in 2022 to € 67,208 profit in 2025.

Best year ever: 2025, with € 67,208 profit.

Original PDFs at the National Bank ↗

Management

AXMAN 100%

The stake of AXMAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MASTERLOG

Behind MASTERLOG is Axel Massart. The shares are held by AXMAN (100%).

Directors

According to the 2025 annual accounts

Axel Massart

Director

Also active at: MASSIMMO, AXMAN

since 2011

Shareholders

AXMAN

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Veldkantvoetweg 98

2540 Hove

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

MASSIMMO same network

€ 1.2 million gross margin · 2024

MASINVEST

BTW-EENHEID DEURNE-MASSIM

AXMAN same network

€ 16,837 gross margin · 2024

A LA CARTE

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0405.886.305

VAT number

BE 0405.886.305

Registered office

Veldkantvoetweg 98, 2540 Hove

Names & denominations

MASTERLOG

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 December 1955

Peppol

Active · Active since 10 Mar 2026

Activities · NACE

Overige niet-gespecialiseerde detailhandel

Grootwarenhuizen (verkoop van overwegend niet-voedingsmiddelen met verkoopsopp.vanaf 2.500 m2)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)

View on CBE Public ↗ Annual accounts (NBB) ↗

MASTERLOG

Financials

What happened to MASTERLOG?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions