Financials
Financial year 2025
CLEANING MASTERS from Antwerpen, company number BE0435474471, closed financial year 2025 with a result of € 4.5 million after tax. For that financial year CLEANING MASTERS recorded revenue of € 177.3 million and equity of € 17.1 million. Compared with financial year 2024, the result moved from € 3.7 million to € 4.5 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 17.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.5 million
▲ 22% vs 2024
Profit after tax over the fiscal year.
€ 12.1 million
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.5 million paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1,671.9
▼ 12.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 73.6 million
▲ 1% vs 2024
€ 44,000 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.
€ 2.8 million
▼ 4% vs 2024
Of which on lease € 2.3 million.
Debts at end 2025
€ 3.9 million
▼ 7% vs 2024
€ 892,163 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 22.7 million
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 9.8 million
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 150,844,193 | € 170,141,299 | € 175,951,056 | € 177,282,547 | ▲ 1% |
| Profit after taxes | € 3,736,027 | € 3,624,288 | € 3,694,834 | € 4,502,643 | ▲ 22% |
| Equity | € 16,056,811 | € 16,930,099 | € 17,124,934 | € 17,124,934 | |
| Total debts | € 39,303,342 | € 42,348,346 | € 37,741,703 | € 41,623,581 | ▲ 10% |
| Cash | € 3,711,267 | € 6,972,544 | € 9,487,531 | € 12,120,348 | ▲ 28% |
| Land & buildings | € 585,903 | € 538,014 | € 504,223 | € 433,472 | ▼ 14% |
| Retained profit | € 10,654,791 | € 11,528,079 | € 11,722,914 | € 11,722,914 | |
| Dividend | € 2,520,000 | € 2,751,000 | € 3,500,000 | € 4,502,643 | ▲ 29% |
| Bank debt | € 4,048,698 | € 3,381,702 | € 4,178,194 | € 3,889,945 | ▼ 7% |
| Balance sheet total | € 55,902,393 | € 59,708,446 | € 55,529,177 | € 59,374,514 | ▲ 7% |
| Employees (FTE) | 1,603.6 | 1,659.6 | 1,684.4 | 1,671.9 | ▼ 12.5 |
Key figures of CLEANING MASTERS, 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 CLEANING MASTERS?
What happened at CLEANING MASTERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- O4 Management BV stepped down as director. NBB
- Paelinck Philip BV stepped down as director. NBB
- FOR-INVEST stepped down as director. NBB
- De schutter Nicolas BV stepped down as director. NBB
- Samsic IV stepped down as director. NBB
- FOR-BZH stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.5 million (▲ 22% vs 2024). Source: NBB ↗
- O4 Management BV became a director. NBB
In short
From € 3.7 million profit in 2022 to € 4.5 million profit in 2025.
Paid € 6.4 million in corporate taxes since 2022.
Best year ever: 2025, with € 4.5 million profit.
Paid out € 13.3 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 34% of Max & Masters, 0.5% of Mobility Masters and 0.1% of Green Masters itself.
Directors
According to the 2025 annual accounts
Director · represented by Olivier De Schutter
since 2025 · until 2031
Managing director · represented by Philip Paelinck
Also active at: SCHAKEL INVEST, Vanden Broele, MOBILITY MASTERS, MM HOLDING, Maintenance Masters, ReCrewtment, P & P Operations, Go Green Group +3 more
since 2025 · until 2031
Director · represented by Bruno Gendrot
since 2025 · until 2031
Managing director · represented by Nicolas De Schutter
Also active at: MOBILITY MASTERS, MM HOLDING, Maintenance Masters, ReCrewtment, SAMBAT 1, SAMBAT 2, SAMBAT 3
since 2025 · until 2031
Director · represented by Olivier Payen
since 2025 · until 2031
Voorzitter van de Raad van Bestuur · represented by Christian Roulleau
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Oostkaai 9-12A
2170 Antwerpen
Temselaan 5
1853 Grimbergen
Active since 26 November 2001
Industrieweg 2025
3520 Zonhoven
Active since 18 July 1991
Krommebeekpark 29
8800 Roeselare
Active since 13 December 2001
Parc Industriel 13
4400 Flémalle
Active since 5 August 1993
Traktaatweg 15
9000 Gent
Active since 14 November 2005
Westkaai 21
2170 Antwerpen
Active since 1 November 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →MOBILITY MASTERS same network
€ 62.7 million revenue · 2025
MM HOLDING same network
€ 380,326 revenue · 2025
SAMBAT 1 same network
€ 82,617 gross margin · 2025
SAMBAT 2 same network
€ 185,212 gross margin · 2025
SAMBAT 3 same network
€ 84,023 gross margin · 2025
+3 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
- 0435.474.471
- VAT number
- BE 0435.474.471
- Registered office
- Oostkaai 9-12A, 2170 Antwerpen
- Names & denominations
- CLEANING MASTERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 1988
- Peppol
- Active · Active since 10 Apr 2024
- Activities · NACE
Algemene reiniging van gebouwen
Industriële reiniging
Overige reiniging van gebouwen; industriële reiniging
Andere reinigingsactiviteiten