What does Master Meubel do?

Master Meubel is a shop in Turnhout. Public Limited, started on 27 March 1985, 1 establishment.

What is the address of Master Meubel?

The registered office of Master Meubel is located at Steenweg op Diest 111, 2300 Turnhout.

Is Master Meubel still active?

Yes. According to the CBE (30 October 2026) Master Meubel is active, legal situation “Normale toestand”, started on 27 March 1985.

Is Master Meubel registered on Peppol?

Yes, Master Meubel is registered on the Peppol network with ID 0208:0427129503.

What is the enterprise number of Master Meubel?

The enterprise number of Master Meubel is BE0427129503.

When was Master Meubel founded?

Master Meubel was founded on 27 March 1985.

Who are the directors of Master Meubel?

According to the 2025 annual accounts, the directors of Master Meubel are: Rachel Bens, Eva Vermeeren, Goedele Vermeeren, Frans Vermeeren, Filip Versmissen.

Is Master Meubel a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 March 1985; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did Master Meubel make in 2025?

Master Meubel posted a profit after taxes of € 207,610 in financial year 2025.

What is the revenue of Master Meubel?

As a small company, Master Meubel is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,114,834.

How much does an employee at Master Meubel earn?

The average wage cost per full-time employee at Master Meubel was € 61,300 in 2025: staff costs of € 1.5 million for 24.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Master Meubel have?

According to the 2025 annual accounts, Master Meubel has 24.3 full-time equivalents (FTE).

Master Meubel (Public Limited) - Turnhout - BE0427129503

Dossier Master Meubel, printed on 30 October 2026 from databakkes.be/en/0427129503/master-meubel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Master Meubel from Turnhout, company number BE0427129503, closed financial year 2025 with a result of € 207,610 after tax. For that financial year Master Meubel recorded a gross margin of € 2.1 million and equity of € 2 million. Compared with financial year 2024, the result moved from € -339,118 to € 207,610. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.

What it is worth Growing

€ 2 million

▲ 12% vs 2024

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

Profit Growing

€ 207,610

▲ still € 339,118 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 202,265

▲ 13% 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 € 1.9 million.

People and assets in 2025

Full-time equivalents

24.3

▲ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.5 million

▲ 18% vs 2024

€ 61,300 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.

Vehicles and equipment

€ 12,864

▼ 48% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.1 million

▼ 8% vs 2024

€ 301,729 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 894,251

▼ 16% vs 2024

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

Taxes and wages

€ 370,561

▲ 24% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 159,948 Gross margin 2022: € 159,948 First fiscal year in the series	€ 1,234,282 Gross margin 2023: € 1,234,282 ▲ € 1.1 million vs 2022 (€ 159,948) Favourable step	€ 1,360,956 Gross margin 2024: € 1,360,956 ▲ 10% vs 2023 (€ 1,234,282) Favourable step	€ 2,114,834 Gross margin 2025: € 2,114,834 ▲ 55% vs 2024 (€ 1,360,956) Favourable step	▲ 55%
Profit after taxes	€ -1,852,579 Profit after taxes 2022: € -1,852,579 First fiscal year in the series	€ -565,407 Profit after taxes 2023: € -565,407 ▲ € 1.3 million vs 2022 (€ -1,852,579) Favourable step	€ -339,118 Profit after taxes 2024: € -339,118 ▲ € 226,288 vs 2023 (€ -565,407) Favourable step	€ 207,610 Profit after taxes 2025: € 207,610 ▲ € 546,728 vs 2024 (€ -339,118) Favourable step	▲ € 546,728
Equity	€ 2,696,947 Equity 2022: € 2,696,947 First fiscal year in the series	€ 2,131,540 Equity 2023: € 2,131,540 ▼ 21% vs 2022 (€ 2,696,947) Unfavourable step	€ 1,792,421 Equity 2024: € 1,792,421 ▼ 16% vs 2023 (€ 2,131,540) Unfavourable step	€ 2,000,031 Equity 2025: € 2,000,031 ▲ 12% vs 2024 (€ 1,792,421) Favourable step	▲ 12%
Total debts	€ 5,308,198 Total debts 2022: € 5,308,198 First fiscal year in the series	€ 5,625,960 Total debts 2023: € 5,625,960 ▲ 6% vs 2022 (€ 5,308,198) Unfavourable step	€ 5,957,426 Total debts 2024: € 5,957,426 ▲ 6% vs 2023 (€ 5,625,960) Unfavourable step	€ 5,816,837 Total debts 2025: € 5,816,837 ▼ 2% vs 2024 (€ 5,957,426) Favourable step	▼ 2%
Cash	€ 442,930 Cash 2022: € 442,930 First fiscal year in the series	€ 21,420 Cash 2023: € 21,420 ▼ 95% vs 2022 (€ 442,930) Unfavourable step	€ 179,549 Cash 2024: € 179,549 ▲ € 158,129 vs 2023 (€ 21,420) Favourable step	€ 202,265 Cash 2025: € 202,265 ▲ 13% vs 2024 (€ 179,549) Favourable step	▲ 13%
Land & buildings	€ 3,484,976 Land & buildings 2022: € 3,484,976 First fiscal year in the series	€ 3,238,948 Land & buildings 2023: € 3,238,948 ▼ 7% vs 2022 (€ 3,484,976) Unchanged	€ 3,031,633 Land & buildings 2024: € 3,031,633 ▼ 6% vs 2023 (€ 3,238,948) Unchanged	€ 2,833,748 Land & buildings 2025: € 2,833,748 ▼ 7% vs 2024 (€ 3,031,633) Unchanged	▼ 7%
Retained profit	€ 2,635,447 Retained profit 2022: € 2,635,447 First fiscal year in the series	€ 2,070,040 Retained profit 2023: € 2,070,040 ▼ 21% vs 2022 (€ 2,635,447) Unfavourable step	€ 1,730,921 Retained profit 2024: € 1,730,921 ▼ 16% vs 2023 (€ 2,070,040) Unfavourable step	€ 1,938,531 Retained profit 2025: € 1,938,531 ▲ 12% vs 2024 (€ 1,730,921) Favourable step	▲ 12%
Bank debt	€ 2,998,830 Bank debt 2022: € 2,998,830 First fiscal year in the series	€ 2,980,551 Bank debt 2023: € 2,980,551 ▼ 1% vs 2022 (€ 2,998,830) Favourable step	€ 3,422,143 Bank debt 2024: € 3,422,143 ▲ 15% vs 2023 (€ 2,980,551) Unfavourable step	€ 3,140,115 Bank debt 2025: € 3,140,115 ▼ 8% vs 2024 (€ 3,422,143) Favourable step	▼ 8%
Balance sheet total	€ 8,005,145 Balance sheet total 2022: € 8,005,145 First fiscal year in the series	€ 7,757,500 Balance sheet total 2023: € 7,757,500 ▼ 3% vs 2022 (€ 8,005,145) Unchanged	€ 7,749,847 Balance sheet total 2024: € 7,749,847 Unchanged (€ 7,757,500) Unchanged	€ 7,816,868 Balance sheet total 2025: € 7,816,868 ▲ 1% vs 2024 (€ 7,749,847) Unchanged	▲ 1%
Employees (FTE)	27.1 Employees (FTE) 2022: 27.1 First fiscal year in the series	24.7 Employees (FTE) 2023: 24.7 ▼ 2.4 vs 2022 (27.1) Unchanged	24.1 Employees (FTE) 2024: 24.1 ▼ 0.6 vs 2023 (24.7) Unchanged	24.3 Employees (FTE) 2025: 24.3 ▲ 0.2 vs 2024 (24.1) Unchanged	▲ 0.2

Key figures of Master Meubel, 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 Master Meubel?

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

2029 Rachel Bens stepped down as director. NBB
2029 Eva Vermeeren stepped down as director. NBB
2029 Goedele Vermeeren stepped down as director. NBB
2029 Frans Vermeeren stepped down as director. NBB
2029 Filip Versmissen stepped down as director. NBB
Jul 27, 2026 New annual accounts for financial year 2025: profit of € 207,610. Source: NBB ↗
2023 Rachel Bens became a director. NBB
2023 Eva Vermeeren became a director. NBB

In short

From € 1.9 million loss in 2022 to € 207,610 profit in 2025.

Paid € 14,445 in corporate taxes since 2022.

Best year ever: 2025, with € 207,610 profit.

On average € 87,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

DE EIKEN BOOM 25%

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

Master Meubel

The shares are held by DE EIKEN BOOM (25%).

Directors

According to the 2025 annual accounts

Rachel Bens

Director

Also active at: DE EIKEN BOOM

since 2023 · until 2029

Eva Vermeeren

Director

since 2023 · until 2029

Goedele Vermeeren

Managing director

Also active at: DE EIKEN BOOM, MASTER PRO, ESPOO

since 2023 · until 2029

Frans Vermeeren

Director

Also active at: DE EIKEN BOOM

since 2023 · until 2029

Filip Versmissen

Director

Also active at: MASTER PRO

since 2023 · until 2029

Shareholders

DE EIKEN BOOM

25%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Steenweg op Diest 111

2300 Turnhout

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

DE EIKEN BOOM same network

€ -2,332 gross margin · 2025

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

Details

Company number

0427.129.503

VAT number

BE 0427.129.503

Registered office

Steenweg op Diest 111, 2300 Turnhout

Names & denominations

Master Meubel

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 March 1985

Peppol

Active · Active since 9 Aug 2025

Activities · NACE

Detailhandel in huismeubilair

Detailhandel in meubels

Detailhandel in huismeubilair in gespecialiseerde winkels

Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen

Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen

Schrijnwerk

Algemene elektrotechnische installatiewerken

Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen

View on CBE Public ↗ Annual accounts (NBB) ↗

Master Meubel

Warning lights

Financials

What happened to Master Meubel?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions