What does MST ESTATE do?

MST ESTATE is a property company in Sint-Martens-Latem. Public Limited, started on 11 May 1988, 1 establishment.

What is the address of MST ESTATE?

The registered office of MST ESTATE is located at Pontstraat 39, 9831 Sint-Martens-Latem.

Is MST ESTATE still active?

Yes. According to the CBE (29 October 2026) MST ESTATE is active, legal situation “Normale toestand”, started on 11 May 1988.

Is MST ESTATE registered on Peppol?

Yes, MST ESTATE is registered on the Peppol network with ID 0208:0434244056.

What is the enterprise number of MST ESTATE?

The enterprise number of MST ESTATE is BE0434244056.

When was MST ESTATE founded?

MST ESTATE was founded on 11 May 1988.

Who are the directors of MST ESTATE?

According to the 2025 annual accounts, the directors of MST ESTATE are: Dimitri Vermeersch, Marie-France Stadsbader.

Is MST ESTATE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 May 1988; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MST ESTATE make in 2025?

MST ESTATE recorded a loss after taxes of € 19,507 in financial year 2025.

What is the revenue of MST ESTATE?

As a small company, MST ESTATE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 250,840.

How many employees does MST ESTATE have?

According to the 2025 annual accounts, MST ESTATE has 0 full-time equivalents (FTE).

MST ESTATE (Public Limited) - Sint-Martens-Latem

Dossier MST ESTATE, printed on 29 October 2026 from databakkes.be/en/0434244056/mst-estate. 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 11 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

13 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

MST ESTATE from Sint-Martens-Latem, company number BE0434244056, closed financial year 2025 with a result of € -19,507 after tax. For that financial year MST ESTATE recorded a gross margin of € 250,840 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 7,454 to € -19,507. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2026.

What it is worth Healthy

€ 1.6 million

▼ 1% vs 2024

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

Loss Caution

€ -19,507

▼ still € 7,454 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 43,145

▼ 25% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 586,915.

People and assets in 2025

Full-time equivalents

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

Vehicles and equipment

€ 402

▼ 38% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 13 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.

€ 1.5 million

▼ 7% vs 2024

€ 119,132 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 3,473

▼ 97% vs 2024

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

Taxes

€ 5,238

▼ 78% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -51,152 Gross margin 2022: € -51,152 First fiscal year in the series	€ 203,909 Gross margin 2023: € 203,909 ▲ € 255,061 vs 2022 (€ -51,152) Favourable step	€ 263,037 Gross margin 2024: € 263,037 ▲ 29% vs 2023 (€ 203,909) Favourable step	€ 250,840 Gross margin 2025: € 250,840 ▼ 5% vs 2024 (€ 263,037) Unfavourable step	▼ 5%
Profit after taxes	€ -300,692 Profit after taxes 2022: € -300,692 First fiscal year in the series	€ -101,293 Profit after taxes 2023: € -101,293 ▲ € 199,399 vs 2022 (€ -300,692) Favourable step	€ 7,454 Profit after taxes 2024: € 7,454 ▲ € 108,747 vs 2023 (€ -101,293) Favourable step	€ -19,507 Profit after taxes 2025: € -19,507 ▼ € 26,961 vs 2024 (€ 7,454) Unfavourable step	▼ € 26,961
Equity	€ 1,730,682 Equity 2022: € 1,730,682 First fiscal year in the series	€ 1,629,389 Equity 2023: € 1,629,389 ▼ 6% vs 2022 (€ 1,730,682) Unfavourable step	€ 1,636,842 Equity 2024: € 1,636,842 Unchanged (€ 1,629,389) Favourable step	€ 1,617,335 Equity 2025: € 1,617,335 ▼ 1% vs 2024 (€ 1,636,842) Unfavourable step	▼ 1%
Total debts	€ 2,983,910 Total debts 2022: € 2,983,910 First fiscal year in the series	€ 2,239,907 Total debts 2023: € 2,239,907 ▼ 25% vs 2022 (€ 2,983,910) Favourable step	€ 2,460,151 Total debts 2024: € 2,460,151 ▲ 10% vs 2023 (€ 2,239,907) Unfavourable step	€ 2,289,429 Total debts 2025: € 2,289,429 ▼ 7% vs 2024 (€ 2,460,151) Favourable step	▼ 7%
Cash	€ 81,624 Cash 2022: € 81,624 First fiscal year in the series	€ 15,186 Cash 2023: € 15,186 ▼ 81% vs 2022 (€ 81,624) Unfavourable step	€ 57,198 Cash 2024: € 57,198 ▲ 277% vs 2023 (€ 15,186) Favourable step	€ 43,145 Cash 2025: € 43,145 ▼ 25% vs 2024 (€ 57,198) Unfavourable step	▼ 25%
Land & buildings	€ 3,395,536 Land & buildings 2022: € 3,395,536 First fiscal year in the series	€ 3,397,585 Land & buildings 2023: € 3,397,585 Unchanged (€ 3,395,536) Unchanged	€ 3,591,623 Land & buildings 2024: € 3,591,623 ▲ 6% vs 2023 (€ 3,397,585) Unchanged	€ 3,433,300 Land & buildings 2025: € 3,433,300 ▼ 4% vs 2024 (€ 3,591,623) Unchanged	▼ 4%
Retained profit	€ 700,262 Retained profit 2022: € 700,262 First fiscal year in the series	€ 598,969 Retained profit 2023: € 598,969 ▼ 14% vs 2022 (€ 700,262) Unfavourable step	€ 606,422 Retained profit 2024: € 606,422 ▲ 1% vs 2023 (€ 598,969) Favourable step	€ 586,915 Retained profit 2025: € 586,915 ▼ 3% vs 2024 (€ 606,422) Unfavourable step	▼ 3%
Bank debt	€ 1,612,967 Bank debt 2022: € 1,612,967 First fiscal year in the series	€ 1,733,080 Bank debt 2023: € 1,733,080 ▲ 7% vs 2022 (€ 1,612,967) Unfavourable step	€ 1,617,909 Bank debt 2024: € 1,617,909 ▼ 7% vs 2023 (€ 1,733,080) Favourable step	€ 1,500,736 Bank debt 2025: € 1,500,736 ▼ 7% vs 2024 (€ 1,617,909) Favourable step	▼ 7%
Balance sheet total	€ 4,714,592 Balance sheet total 2022: € 4,714,592 First fiscal year in the series	€ 3,869,296 Balance sheet total 2023: € 3,869,296 ▼ 18% vs 2022 (€ 4,714,592) Unchanged	€ 4,096,993 Balance sheet total 2024: € 4,096,993 ▲ 6% vs 2023 (€ 3,869,296) Unchanged	€ 3,906,764 Balance sheet total 2025: € 3,906,764 ▼ 5% vs 2024 (€ 4,096,993) Unchanged	▼ 5%

Key figures of MST ESTATE, 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 MST ESTATE?

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

2027 Dimitri Vermeersch stepped down as director. NBB
2027 Marie-France Stadsbader stepped down as director. NBB
Apr 24, 2026 New annual accounts for financial year 2025: loss of € 19,507 (▼ € 26,961 vs 2024). Source: NBB ↗
2023 Marie-France Stadsbader became a director. NBB
2022 Dimitri Vermeersch became a director. NBB
Feb 1, 1995 New establishment in Sint-Martens-Latem. KBO
May 11, 1988 Start of the company according to the CBE. KBO

In short

From € 300,692 loss in 2022 to € 19,507 loss in 2025.

Paid € 597 in corporate taxes since 2022.

Best year ever: 2024, with € 7,454 profit.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Dimitri Vermeersch

Managing director

Also active at: MINERVAL, FLANDERS HOTEL HOLDING, DINER PRIVÉ, FRIMMO, DIMVER, EXCELLENCE CONSULTING, SEA PORT RESIDENTIES, SDE INVEST

since 2022 · until 2027

Marie-France Stadsbader

Managing director

Also active at: Marie Stadsbader

since 2023 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Pontstraat 39

9831 Sint-Martens-Latem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.

All companies at this address →

Marie Stadsbader same network

€ 258,871 gross margin · 2025

FLANDERS HOTEL HOLDING same network

€ -13,061 gross margin · 2025

DIMVER same network

€ 102,187 gross margin · 2025

GHENTIMMO

€ -1,845 gross margin · 2025

Leiezicht

+8 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

0434.244.056

VAT number

BE 0434.244.056

Registered office

Pontstraat 39, 9831 Sint-Martens-Latem

Names & denominations

MST ESTATE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

11 May 1988

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Overige kredietverstrekking n.e.g.

Verhuur en exploitatie van terreinen

Overige zakelijke dienstverlening, neg

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗