Financials
Financial year 2025
Mas from Sint-Truiden, company number BE0423905638, closed financial year 2025 with a result of € 1,617 after tax. For that financial year Mas recorded a gross margin of € 171,327 and equity of € 477,729. Compared with financial year 2024, the result moved from € -4,031 to € 1,617. 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 March 30, 2026.
€ 477,729
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,617
▲ still € 4,031 loss in 2024
Profit after tax over the fiscal year.
€ 228,662
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 426,124.
People and assets in 2025
2.4
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 107,806
▼ 4% vs 2024
€ 44,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 75,529
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 89,871
▼ 31% vs 2024
€ 36,110 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14,816
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,838
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 314,770 | € 188,714 | € 171,180 | € 171,327 | |
| Profit after taxes | € 47,334 | € -928 | € -4,031 | € 1,617 | ▲ € 5,648 |
| Equity | € 481,071 | € 480,144 | € 476,112 | € 477,729 | |
| Total debts | € 228,070 | € 185,577 | € 176,559 | € 129,693 | ▼ 27% |
| Cash | € 283,105 | € 228,816 | € 202,032 | € 228,662 | ▲ 13% |
| Land & buildings | € 75,981 | € 75,981 | € 75,981 | € 75,981 | |
| Retained profit | € 429,466 | € 428,539 | € 424,507 | € 426,124 | |
| Bank debt | € 186,838 | € 139,541 | € 129,427 | € 89,871 | ▼ 31% |
| Balance sheet total | € 733,991 | € 689,212 | € 669,256 | € 623,324 | ▼ 7% |
| Employees (FTE) | 4 | 2.1 | 2.1 | 2.4 | ▲ 0.3 |
Key figures of Mas, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Mas?
What happened at Mas in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,617. Source: NBB ↗
- JOHAN MAS became a director. NBB
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,334 profit in 2022 to € 1,617 profit in 2025.
Paid € 24,582 in corporate taxes since 2022.
Best year ever: 2022, with € 47,334 profit.
On average € 71,400 of value added per employee in 2025.
Management
Behind Mas is JOHAN MAS. JOHAN MAS is also behind Autonoom gemeentebedrijf stadspatrimonium Sint-Truiden, AGB Trupark and Autonoom Gemeentebedrijf voor de Ontwikkeling van Sint-Truiden.
Directors
According to the 2025 annual accounts
JOHAN MAS
Director
Also active at: Autonoom gemeentebedrijf stadspatrimonium Sint-Truiden, AGB Trupark, Autonoom Gemeentebedrijf voor de Ontwikkeling van Sint-Truiden
since 2009
Establishments
Establishment units
Physical locations of this company
Dekkenstraat 15
3800 Sint-Truiden
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.905.638
- VAT number
- BE 0423.905.638
- Registered office
- Dekkenstraat 15, 3800 Sint-Truiden
- Names & denominations
- Mas
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 1983
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
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