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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MASCOP from Sankt Vith, company number BE0458703102, closed financial year 2025 with a result of € -34,432 after tax. For that financial year MASCOP recorded a gross margin of € 57,721 and equity of € 452,530. Compared with financial year 2024, the result moved from € -33,605 to € -34,432. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2026.
€ 452,530
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,432
▼ 2 % more loss than in 2024
Profit after tax over the fiscal year.
€ 38,255
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 427,530.
People and assets in 2025
€ 62,757
▼ 26% 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.
€ 1,922
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 473
▼ 2% 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 | € 138,214 | € 83,017 | € 39,653 | € 57,721 | ▲ 46% |
| Profit after taxes | € 71,414 | € 33,371 | € -33,605 | € -34,432 | ▼ € 827 |
| Equity | € 487,196 | € 520,567 | € 486,962 | € 452,530 | ▼ 7% |
| Total debts | € 21,053 | € 17,942 | € 939,694 | € 926,484 | ▼ 1% |
| Cash | € 138,118 | € 122,732 | € 111,936 | € 38,255 | ▼ 66% |
| Land & buildings | € 295,150 | € 269,832 | € 1,055,512 | € 1,116,631 | ▲ 6% |
| Retained profit | € 462,196 | € 495,567 | € 461,962 | € 427,530 | ▼ 7% |
| Balance sheet total | € 508,249 | € 538,509 | € 1,426,656 | € 1,379,014 | ▼ 3% |
Key figures of MASCOP, 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 MASCOP?
What happened at MASCOP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 34,432. filed late Source: NBB ↗
- Manfred PIP became a director. NBB
- New establishment in Sankt Vith. KBO
- Start of the company according to the CBE. KBO
In short
From € 71,414 profit in 2022 to € 34,432 loss in 2025.
Paid € 44,776 in corporate taxes since 2022.
Best year ever: 2022, with € 71,414 profit.
Management
Behind MASCOP is Manfred PIP.
Directors
According to the 2025 annual accounts
Manfred PIP
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Römerstraße,Hünningen 37
4780 Sankt Vith
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.703.102
- VAT number
- BE 0458.703.102
- Registered office
- Römerstraße,Hünningen 37, 4780 Sankt Vith
- Names & denominations
- MASCOP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 1996
- Peppol
- Not registered