Financials
Financial year 2025
M.A.S. from Gent, company number BE0441790755, closed financial year 2025 with a result of € 85,295 after tax. For that financial year M.A.S. recorded a gross margin of € 189,308 and equity of € 396,627. Compared with financial year 2024, the result moved from € 91,452 to € 85,295. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 396,627
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 85,295
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 238,610
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,993 paid out
25 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 17,111
▲ 4% 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.
€ 22,811
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,867
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,190
▼ 46% 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 | € 152,076 | € 175,429 | € 199,891 | € 189,308 | ▼ 5% |
| Profit after taxes | € 52,177 | € 71,536 | € 91,452 | € 85,295 | ▼ 7% |
| Equity | € 279,320 | € 298,124 | € 332,324 | € 396,627 | ▲ 19% |
| Total debts | € 355,111 | € 421,079 | € 445,589 | € 358,239 | ▼ 20% |
| Cash | € 195,087 | € 184,285 | € 194,913 | € 238,610 | ▲ 22% |
| Land & buildings | € 329,222 | € 394,353 | € 422,769 | € 400,993 | ▼ 5% |
| Retained profit | € 260,720 | € 279,524 | € 313,724 | € 378,027 | ▲ 20% |
| Dividend | € 208,453 | € 52,732 | € 57,252 | € 20,993 | ▼ 63% |
| Bank debt | € 36,924 | € 16,884 | € 0 | € 0 | |
| Balance sheet total | € 634,431 | € 719,203 | € 777,914 | € 754,866 | ▼ 3% |
Key figures of M.A.S., 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 M.A.S.?
What happened at M.A.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 85,295 (▼ 7% vs 2024). Source: NBB ↗
- PETER SMET became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,177 profit in 2022 to € 85,295 profit in 2025.
Paid € 122,599 in corporate taxes since 2022.
Best year ever: 2024, with € 91,452 profit.
Paid out € 339,430 in dividends to the owners in total.
Management
Behind M.A.S. is PETER SMET.
Directors
According to the 2025 annual accounts
PETER SMET
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Domien Geersstraat 30
9041 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.790.755
- VAT number
- BE 0441.790.755
- Registered office
- Domien Geersstraat 30, 9041 Gent
- Names & denominations
- M.A.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 1990
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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