Maseth is a specialised building contractor in Wetteren. Private Limited, started on 22 September 1988, 1 establishment.

What is the address of Maseth?

The registered office of Maseth is located at Biezeweg 17, 9230 Wetteren.

Is Maseth still active?

Yes. According to the CBE (29 October 2026) Maseth is active, legal situation “Normale toestand”, started on 22 September 1988.

Is Maseth registered on Peppol?

Yes, Maseth is registered on the Peppol network with ID 0208:0435313333.

What is the enterprise number of Maseth?

The enterprise number of Maseth is BE0435313333.

When was Maseth founded?

Maseth was founded on 22 September 1988.

Who are the directors of Maseth?

According to the 2025 annual accounts, the directors of Maseth are: Bart José Van der Plaetsen.

Is Maseth a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 September 1988; 6 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Maseth make in 2025?

Maseth posted a profit after taxes of € 87 in financial year 2025.

What is the revenue of Maseth?

As a small company, Maseth is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 40,284.

Maseth (Private Limited) - Wetteren - BE0435313333

Dossier Maseth, printed on 29 October 2026 from databakkes.be/en/0435313333/maseth. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Maseth from Wetteren, company number BE0435313333, closed financial year 2025 with a result of € 87 after tax. For that financial year Maseth recorded a gross margin of € 40,284 and equity of € -15,312. Compared with financial year 2024, the result moved from € -2,625 to € 87. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Caution

€ -15,312

▲ € 87 vs 2024

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

Profit Growing

€ 87

▲ still € 2,625 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 573

▲ 190% 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 € -33,904.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 38,635

▼ 44% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 61,282

▼ 18% vs 2024

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

Taxes and wages

€ 40,061

▼ 21% 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	€ 76,057 Gross margin 2022: € 76,057 First fiscal year in the series	€ 69,858 Gross margin 2023: € 69,858 ▼ 8% vs 2022 (€ 76,057) Unfavourable step	€ 69,417 Gross margin 2024: € 69,417 ▼ 1% vs 2023 (€ 69,858) Unfavourable step	€ 40,284 Gross margin 2025: € 40,284 ▼ 42% vs 2024 (€ 69,417) Unfavourable step	▼ 42%
Profit after taxes	€ 4,833 Profit after taxes 2022: € 4,833 First fiscal year in the series	€ 5,174 Profit after taxes 2023: € 5,174 ▲ 7% vs 2022 (€ 4,833) Favourable step	€ -2,625 Profit after taxes 2024: € -2,625 ▼ € 7,799 vs 2023 (€ 5,174) Unfavourable step	€ 87 Profit after taxes 2025: € 87 ▲ € 2,712 vs 2024 (€ -2,625) Favourable step	▲ € 2,712
Equity	€ -17,949 Equity 2022: € -17,949 First fiscal year in the series	€ -12,775 Equity 2023: € -12,775 ▲ € 5,174 vs 2022 (€ -17,949) Favourable step	€ -15,399 Equity 2024: € -15,399 ▼ € 2,625 vs 2023 (€ -12,775) Unfavourable step	€ -15,312 Equity 2025: € -15,312 ▲ € 87 vs 2024 (€ -15,399) Favourable step	▲ € 87
Total debts	€ 167,761 Total debts 2022: € 167,761 First fiscal year in the series	€ 178,898 Total debts 2023: € 178,898 ▲ 7% vs 2022 (€ 167,761) Unfavourable step	€ 184,485 Total debts 2024: € 184,485 ▲ 3% vs 2023 (€ 178,898) Unfavourable step	€ 160,697 Total debts 2025: € 160,697 ▼ 13% vs 2024 (€ 184,485) Favourable step	▼ 13%
Cash	€ 292 Cash 2022: € 292 First fiscal year in the series	€ 361 Cash 2023: € 361 ▲ 24% vs 2022 (€ 292) Favourable step	€ 198 Cash 2024: € 198 ▼ 45% vs 2023 (€ 361) Unfavourable step	€ 573 Cash 2025: € 573 ▲ 190% vs 2024 (€ 198) Favourable step	▲ 190%
Retained profit	€ -36,541 Retained profit 2022: € -36,541 First fiscal year in the series	€ -31,367 Retained profit 2023: € -31,367 ▲ € 5,174 vs 2022 (€ -36,541) Favourable step	€ -33,991 Retained profit 2024: € -33,991 ▼ € 2,625 vs 2023 (€ -31,367) Unfavourable step	€ -33,904 Retained profit 2025: € -33,904 Unchanged (€ -33,991) Favourable step
Bank debt	€ 6,076 Bank debt 2022: € 6,076 First fiscal year in the series	€ 5,457 Bank debt 2023: € 5,457 ▼ 10% vs 2022 (€ 6,076) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 5,457) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 149,812 Balance sheet total 2022: € 149,812 First fiscal year in the series	€ 166,124 Balance sheet total 2023: € 166,124 ▲ 11% vs 2022 (€ 149,812) Unchanged	€ 169,086 Balance sheet total 2024: € 169,086 ▲ 2% vs 2023 (€ 166,124) Unchanged	€ 145,385 Balance sheet total 2025: € 145,385 ▼ 14% vs 2024 (€ 169,086) Unchanged	▼ 14%

Key figures of Maseth, 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 Maseth?

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

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 87. filed late Source: NBB ↗
Nov 29, 2002 New establishment in Wetteren. KBO
Sep 22, 1988 Start of the company according to the CBE. KBO

In short

From € 4,833 profit in 2022 to € 87 profit in 2025.

Best year ever: 2023, with € 5,174 profit.

Original PDFs at the National Bank ↗

Management

Bart José Van der Plaetsen

Maseth

STOOMKETELS RUDOLF MOORTGAT

Behind Maseth is Bart José Van der Plaetsen. Bart José Van der Plaetsen is also behind STOOMKETELS RUDOLF MOORTGAT.

Directors

According to the 2025 annual accounts

Bart José Van der Plaetsen

Andere functie

Also active at: STOOMKETELS RUDOLF MOORTGAT

Establishments

Establishment units

Physical locations of this company

Registered office

Biezeweg 17

9230 Wetteren

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 →

STOOMKETELS RUDOLF MOORTGAT same network

€ 169,763 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

0435.313.333

VAT number

BE 0435.313.333

Registered office

Biezeweg 17, 9230 Wetteren

Names & denominations

Maseth

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 September 1988

Peppol

Active · Active since 4 Dec 2025

Activities · NACE

Overige bouwinstallatie

Overige bouwinstallatie, n.e.g.

Verhuur en lease van andere machines en werktuigen en andere materiële goederen

Reparatie en onderhoud van consumentenartikelen, neg

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Groothandel in elektrisch materiaal inclusief installatiemateriaal

Overige reparaties, n.e.g.

Verhuur van overige machines en werktuigen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

Maseth

Warning lights

Financials

What happened to Maseth?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions