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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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MASCA PLUS from Assenede, company number BE0452337031, closed financial year 2025 with a result of € 285,286 after tax. For that financial year MASCA PLUS recorded a gross margin of € 668,957 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € -92,963 to € 285,286. Profitable, and profit is growing. 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 January 23, 2026.
€ 2.4 million
▲ 101% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 285,286
▲ still € 92,963 loss in 2024
Profit after tax over the fiscal year.
€ 7,125
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 80,214
▲ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 629,816
▼ 30% vs 2024
€ 97,341 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 64,152
▲ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,940
▲ € 18,580 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 | € 1,444,522 | € 175,565 | € 162,935 | € 668,957 | ▲ € 506,023 |
| Profit after taxes | € 975,870 | € -49,446 | € -92,963 | € 285,286 | ▲ € 378,249 |
| Equity | € 1,349,313 | € 1,299,867 | € 1,206,904 | € 2,431,239 | ▲ 101% |
| Total debts | € 1,692,273 | € 1,196,839 | € 1,134,927 | € 849,196 | ▼ 25% |
| Cash | € 977,652 | € 91,283 | € 39,053 | € 7,125 | ▼ 82% |
| Land & buildings | € 1,015,061 | € 989,486 | € 923,530 | € 1,614,049 | ▲ 75% |
| Retained profit | € 349,313 | € 299,867 | € 206,904 | € 442,191 | ▲ 114% |
| Dividend | € 0 | € 0 | € 0 | € 50,000 | |
| Bank debt | € 1,285,409 | € 1,025,831 | € 901,294 | € 629,816 | ▼ 30% |
| Balance sheet total | € 3,041,585 | € 2,496,706 | € 2,341,831 | € 3,368,641 | ▲ 44% |
Key figures of MASCA PLUS, 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 January 2027.
What happened to MASCA PLUS?
What happened at MASCA PLUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alfons Vervloet stepped down as director. NBB
- Sophie Vervloet stepped down as director. NBB
- Jerome Vervloet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 285,286. Source: NBB ↗
- Alfons Vervloet became a director. NBB
- Sophie Vervloet became a director. NBB
- Jerome Vervloet became a director. NBB
- New establishment in Assenede. KBO
In short
From € 975,870 profit in 2022 to € 285,286 profit in 2025.
Paid € 284,935 in corporate taxes since 2022.
Best year ever: 2022, with € 975,870 profit.
Paid out € 50,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Alfons Vervloet
Managing director
since 2021 · until 2027
since 2021 · until 2027
Jerome Vervloet
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Kapellestraat 70
9960 Assenede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.337.031
- VAT number
- BE 0452.337.031
- Registered office
- Kapellestraat 70, 9960 Assenede
- Names & denominations
- MASCA PLUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 1994
- Peppol
- Active · Active since 1 Sept 2025
- Activities · NACE
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