What does MASTERS COMMUNICATION do?

MASTERS COMMUNICATION is an advertising agency in Waregem. Private Limited, started on 16 December 1994, 1 establishment.

What is the address of MASTERS COMMUNICATION?

The registered office of MASTERS COMMUNICATION is located at Wortegemseweg 55, 8790 Waregem.

Is MASTERS COMMUNICATION still active?

Yes. According to the CBE (19 September 2026) MASTERS COMMUNICATION is active, legal situation “Normale toestand”, started on 16 December 1994.

Is MASTERS COMMUNICATION registered on Peppol?

Yes, MASTERS COMMUNICATION is registered on the Peppol network with ID 0208:0454084813.

What is the enterprise number of MASTERS COMMUNICATION?

The enterprise number of MASTERS COMMUNICATION is BE0454084813.

When was MASTERS COMMUNICATION founded?

MASTERS COMMUNICATION was founded on 16 December 1994.

Who are the directors of MASTERS COMMUNICATION?

According to the 2025 annual accounts, the directors of MASTERS COMMUNICATION are: Frank Bonte.

Is MASTERS COMMUNICATION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 December 1994; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MASTERS COMMUNICATION make in 2025?

MASTERS COMMUNICATION posted a profit after taxes of € 181,975 in financial year 2025.

What is the revenue of MASTERS COMMUNICATION?

As a small company, MASTERS COMMUNICATION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 336,038.

MASTERS COMMUNICATION (Private Limited) - Waregem

Dossier MASTERS COMMUNICATION, printed on 19 September 2026 from databakkes.be/en/0454084813/masters-communication. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MASTERS COMMUNICATION from Waregem, company number BE0454084813, closed financial year 2025 with a result of € 181,975 after tax. For that financial year MASTERS COMMUNICATION recorded a gross margin of € 336,038 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 35,494 to € 181,975. 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 July 13, 2026.

What it is worth Growing

€ 1.8 million

▲ 11% vs 2024

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

Profit Growing

€ 181,975

▲ € 146,481 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 256,487

▲ 276% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 833 paid out

0 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 1,000

▼ 4% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 41,260

▲ 177% vs 2024

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

Taxes and wages

€ 17,001

▲ 63% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 131,165 Gross margin 2022: € 131,165 First fiscal year in the series	€ 117,548 Gross margin 2023: € 117,548 ▼ 10% vs 2022 (€ 131,165) Unfavourable step	€ 113,252 Gross margin 2024: € 113,252 ▼ 4% vs 2023 (€ 117,548) Unfavourable step	€ 336,038 Gross margin 2025: € 336,038 ▲ 197% vs 2024 (€ 113,252) Favourable step	▲ 197%
Profit after taxes	€ 23,270 Profit after taxes 2022: € 23,270 First fiscal year in the series	€ 38,118 Profit after taxes 2023: € 38,118 ▲ 64% vs 2022 (€ 23,270) Favourable step	€ 35,494 Profit after taxes 2024: € 35,494 ▼ 7% vs 2023 (€ 38,118) Unfavourable step	€ 181,975 Profit after taxes 2025: € 181,975 ▲ € 146,481 vs 2024 (€ 35,494) Favourable step	▲ € 146,481
Equity	€ 1,552,479 Equity 2022: € 1,552,479 First fiscal year in the series	€ 1,590,167 Equity 2023: € 1,590,167 ▲ 2% vs 2022 (€ 1,552,479) Favourable step	€ 1,625,231 Equity 2024: € 1,625,231 ▲ 2% vs 2023 (€ 1,590,167) Favourable step	€ 1,805,943 Equity 2025: € 1,805,943 ▲ 11% vs 2024 (€ 1,625,231) Favourable step	▲ 11%
Total debts	€ 57,513 Total debts 2022: € 57,513 First fiscal year in the series	€ 51,093 Total debts 2023: € 51,093 ▼ 11% vs 2022 (€ 57,513) Favourable step	€ 125,528 Total debts 2024: € 125,528 ▲ 146% vs 2023 (€ 51,093) Unfavourable step	€ 159,079 Total debts 2025: € 159,079 ▲ 27% vs 2024 (€ 125,528) Unfavourable step	▲ 27%
Cash	€ 191,285 Cash 2022: € 191,285 First fiscal year in the series	€ 84,406 Cash 2023: € 84,406 ▼ 56% vs 2022 (€ 191,285) Unfavourable step	€ 68,234 Cash 2024: € 68,234 ▼ 19% vs 2023 (€ 84,406) Unfavourable step	€ 256,487 Cash 2025: € 256,487 ▲ 276% vs 2024 (€ 68,234) Favourable step	▲ 276%
Land & buildings	€ 1,114,045 Land & buildings 2022: € 1,114,045 First fiscal year in the series	€ 1,057,660 Land & buildings 2023: € 1,057,660 ▼ 5% vs 2022 (€ 1,114,045) Unchanged	€ 1,075,378 Land & buildings 2024: € 1,075,378 ▲ 2% vs 2023 (€ 1,057,660) Unchanged	€ 966,417 Land & buildings 2025: € 966,417 ▼ 10% vs 2024 (€ 1,075,378) Unchanged	▼ 10%
Retained profit	€ 1,461,338 Retained profit 2022: € 1,461,338 First fiscal year in the series	€ 1,499,456 Retained profit 2023: € 1,499,456 ▲ 3% vs 2022 (€ 1,461,338) Favourable step	€ 1,534,950 Retained profit 2024: € 1,534,950 ▲ 2% vs 2023 (€ 1,499,456) Favourable step	€ 1,716,092 Retained profit 2025: € 1,716,092 ▲ 12% vs 2024 (€ 1,534,950) Favourable step	▲ 12%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 833 Dividend 2025: € 833 Unchanged (€ 0) Unchanged
Balance sheet total	€ 1,613,092 Balance sheet total 2022: € 1,613,092 First fiscal year in the series	€ 1,644,139 Balance sheet total 2023: € 1,644,139 ▲ 2% vs 2022 (€ 1,613,092) Unchanged	€ 1,753,416 Balance sheet total 2024: € 1,753,416 ▲ 7% vs 2023 (€ 1,644,139) Unchanged	€ 1,967,458 Balance sheet total 2025: € 1,967,458 ▲ 12% vs 2024 (€ 1,753,416) Unchanged	▲ 12%

Key figures of MASTERS COMMUNICATION, 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 MASTERS COMMUNICATION?

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

Jul 13, 2026 New annual accounts for financial year 2025: profit of € 181,975 (▲ € 146,481 vs 2024). Source: NBB ↗
Jan 18, 1995 New establishment in Waregem. KBO
Dec 16, 1994 Start of the company according to the CBE. KBO

In short

From € 23,270 profit in 2022 to € 181,975 profit in 2025.

Paid € 121,799 in corporate taxes since 2022.

Best year ever: 2025, with € 181,975 profit.

Paid out € 833 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at MASTERS COMMUNICATION? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Frank Bonte

MASTERS COMMUNICATION

LAFAUT FARMA

Behind MASTERS COMMUNICATION is Frank Bonte. Frank Bonte is also behind LAFAUT FARMA.

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Directors

According to the 2025 annual accounts

Frank Bonte

Director

Also active at: LAFAUT FARMA

Establishments

Establishment units

Physical locations of this company

Registered office

Wortegemseweg 55

8790 Waregem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0454.084.813

VAT number

BE 0454.084.813

Registered office

Wortegemseweg 55, 8790 Waregem

Names & denominations

MASTERS COMMUNICATION

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

16 December 1994

Peppol

Active · Active since 13 Nov 2025

Activities · NACE

Activiteiten van reclamebureaus

Publiciteitsagentschappen

View on CBE Public ↗ Annual accounts (NBB) ↗

MASTERS COMMUNICATION

Financials

What happened to MASTERS COMMUNICATION?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions