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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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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 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GENERAL MASTER BUSINESS from Sint-Lambrechts-Woluwe, company number BE0443023645, closed financial year 2025 with a result of € -29,500 after tax. For that financial year GENERAL MASTER BUSINESS recorded a gross margin of € -7,130 and equity of € -18,723. Compared with financial year 2024, the result moved from € -19,487 to € -29,500. The company made a loss. 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 12, 2026.
€ -18,723
▼ € 29,500 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,500
▼ 51 % more loss than in 2024
Profit after tax over the fiscal year.
€ 41,050
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -82,233.
People and assets in 2025
€ 5,837
▼ 72% 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.
€ 5,805
▼ 52% 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.
€ 5,681
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,232 | € 44,155 | € 24,248 | € -7,130 | ▼ € 31,378 |
| Profit after taxes | € -27,352 | € -11,739 | € -19,487 | € -29,500 | ▼ € 10,013 |
| Equity | € 42,003 | € 30,264 | € 10,777 | € -18,723 | ▼ € 29,500 |
| Total debts | € 117,084 | € 78,085 | € 81,632 | € 89,881 | ▲ 10% |
| Cash | € 99,170 | € 55,213 | € 49,025 | € 41,050 | ▼ 16% |
| Retained profit | € -21,507 | € -33,246 | € -52,733 | € -82,233 | ▼ € 29,500 |
| Bank debt | € 5,461 | € 2,954 | € 424 | € 0 | ▼ 100% |
| Balance sheet total | € 159,087 | € 108,348 | € 92,409 | € 71,157 | ▼ 23% |
Key figures of GENERAL MASTER BUSINESS, 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 GENERAL MASTER BUSINESS?
What happened at GENERAL MASTER BUSINESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LAURENT VAN DRIESSCHE stepped down as director. NBB
- FRANCIS ROMAO stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 29,500. filed late Source: NBB ↗
- FRANCIS ROMAO became a director. NBB
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,352 loss in 2022 to € 29,500 loss in 2025.
Paid € 3,364 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
LAURENT VAN DRIESSCHE
Managing director
· until 2029
FRANCIS ROMAO
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Emile Vanderveldelaan 31
1200 Sint-Lambrechts-Woluwe
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.023.645
- VAT number
- BE 0443.023.645
- Registered office
- Emile Vanderveldelaan 31, 1200 Sint-Lambrechts-Woluwe
- Names & denominations
- GENERAL MASTER BUSINESS · GMB · Leo Nocta Records
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1990
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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