Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
70 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MASTER CHIPS from Aalst, company number BE0425352027, closed financial year 2025 with a result of € 180,158 after tax. For that financial year MASTER CHIPS recorded a gross margin of € 379,443 and equity of € 450,184. Compared with financial year 2024, the result moved from € 199,087 to € 180,158. The company is profitable. 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 20, 2026.
€ 450,184
▲ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 180,158
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 155,907
▲ 164% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
17 % of the profit went to the shareholders, mostly to YMPACT (100 % of the shares). That is where the money ends up.
People and assets in 2025
1.5
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 108,510
▲ 36% vs 2024
€ 72,300 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.
€ 39,672
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 104,476
▼ 21% vs 2024
€ 62,395 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 113,901
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,868
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 186,710 | € 189,054 | € 356,720 | € 379,443 | ▲ 6% |
| Profit after taxes | € 38,437 | € 80,221 | € 199,087 | € 180,158 | ▼ 10% |
| Equity | € 85,834 | € 166,054 | € 305,026 | € 450,184 | ▲ 48% |
| Total debts | € 487,232 | € 467,371 | € 390,192 | € 279,424 | ▼ 28% |
| Cash | € 37,974 | € 97,459 | € 59,162 | € 155,907 | ▲ 164% |
| Retained profit | € 67,234 | € 147,454 | € 286,426 | € 431,584 | ▲ 51% |
| Dividend | € 0 | € 0 | € 54,115 | € 30,000 | ▼ 45% |
| Bank debt | € 199,806 | € 178,855 | € 132,027 | € 104,476 | ▼ 21% |
| Balance sheet total | € 573,065 | € 633,425 | € 695,219 | € 729,608 | ▲ 5% |
| Employees (FTE) | 2 | 1.3 | 1.1 | 1.5 | ▲ 0.4 |
Key figures of MASTER CHIPS, 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 MASTER CHIPS?
What happened at MASTER CHIPS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 180,158 (▼ 10% vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,437 profit in 2022 to € 180,158 profit in 2025.
Paid € 110,825 in corporate taxes since 2022.
Best year ever: 2024, with € 199,087 profit.
On average € 253,000 of value added per employee in 2025.
Management
The stake of YMPACT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MASTER CHIPSBehind MASTER CHIPS are Ympact BV and Master Chips Management BV. The shares are held by YMPACT (100%).
Directors
According to the 2025 annual accounts
Director · represented by Neirynck Yves
Director · represented by Neirynck Peter
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 4
9320 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 70 companies are registered at this address.
All companies at this address →Koninklijke Belgische Vereniging voor Koude en Luchtbehandeling - Union Royale Belge du Froid et du Conditionnement de l'Air
€ 352,288 gross margin · 2025
BEDRIJVENCENTRUM REGIO AALST
€ 442,900 gross margin · 2025
AU VIEUX MOUTON
€ 21,356 gross margin · 2025
ALL ROUND
€ 1 million gross margin · 2025
Tiltshift
€ 8,841 gross margin · 2025
+65 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.352.027
- VAT number
- BE 0425.352.027
- Registered office
- Industrielaan 4, 9320 Aalst
- Names & denominations
- MASTER CHIPS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 1984
- Peppol
- Active · Active since 12 Feb 2025
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