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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MASTER TEAM from Brunehaut, company number BE0433966221, closed financial year 2025 with a result of € -8,646 after tax. For that financial year MASTER TEAM recorded a gross margin of € -5,118 and equity of € 16,062. Compared with financial year 2024, the result moved from € -14,129 to € -8,646. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ 16,062
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,646
▲ 39 % less loss than in 2024
Profit after tax over the fiscal year.
€ 11,946
▲ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,538.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,809
▲ 196% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,710 | € -7,367 | € -10,176 | € -5,118 | ▲ € 5,058 |
| Profit after taxes | € -15,043 | € -14,429 | € -14,129 | € -8,646 | ▲ € 5,483 |
| Equity | € 53,266 | € 38,837 | € 24,708 | € 16,062 | ▼ 35% |
| Total debts | € 73,498 | € 75,060 | € 80,544 | € 90,007 | ▲ 12% |
| Cash | € 11,393 | € 9,015 | € 7,166 | € 11,946 | ▲ 67% |
| Land & buildings | € 40,861 | € 34,092 | € 30,112 | € 26,348 | ▼ 12% |
| Retained profit | € 34,666 | € 20,237 | € 6,108 | € -2,538 | ▼ € 8,646 |
| Balance sheet total | € 126,764 | € 113,897 | € 105,252 | € 106,068 | ▲ 1% |
Key figures of MASTER TEAM, 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 TEAM?
What happened at MASTER TEAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,646. filed late Source: NBB ↗
- New establishment in Brunehaut. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,043 loss in 2022 to € 8,646 loss in 2025.
Management
Behind MASTER TEAM is Guy QUITTELIER.
Directors
According to the 2025 annual accounts
Guy QUITTELIER
Manager
Establishments
Establishment units
Physical locations of this company
Rue du Fort Debout(HOL) 27 box B
7620 Brunehaut
Houba de Strooperlaan 107
1020 Brussel
Active since 16 June 1992
Rue du Fort Debout(HOL) 27 B
7620 Brunehaut
Active since 30 September 1998
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.966.221
- VAT number
- BE 0433.966.221
- Registered office
- Rue du Fort Debout(HOL) 27 bus B, 7620 Brunehaut
- Names & denominations
- MASTER TEAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1988
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
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