Financials
Financial year 2025
APOTHEEK MAST from Merchtem, company number BE0465145979, closed financial year 2025 with a result of € 88,718 after tax. For that financial year APOTHEEK MAST recorded a gross margin of € 175,020 and equity of € 398,697. Compared with financial year 2024, the result moved from € 68,535 to € 88,718. 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 April 22, 2026.
€ 398,697
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 88,718
▲ 29% vs 2024
Profit after tax over the fiscal year.
€ 115,606
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 24,234 paid out
27 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.7
Average over the fiscal year, from the social balance sheet.
€ 48,973
▼ 2% 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.
€ 199
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,334
▼ 9% vs 2024
€ 8,113 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 94,713
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,296
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 212,391 | € 184,497 | € 195,271 | € 175,020 | ▼ 10% |
| Profit after taxes | € 28,234 | € 63,524 | € 68,535 | € 88,718 | ▲ 29% |
| Equity | € 278,610 | € 316,946 | € 339,214 | € 398,697 | ▲ 18% |
| Total debts | € 362,430 | € 289,810 | € 242,356 | € 237,218 | ▼ 2% |
| Cash | € 61,606 | € 65,715 | € 87,667 | € 115,606 | ▲ 32% |
| Retained profit | € 260,060 | € 298,396 | € 320,664 | € 380,147 | ▲ 19% |
| Dividend | € 0 | € 28,890 | € 41,266 | € 24,234 | ▼ 41% |
| Bank debt | € 207,704 | € 87,689 | € 26,718 | € 24,334 | ▼ 9% |
| Balance sheet total | € 641,040 | € 606,756 | € 581,570 | € 635,915 | ▲ 9% |
| Employees (FTE) | 1.6 | 0.7 | 0.7 | 0.7 |
Key figures of APOTHEEK MAST, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to APOTHEEK MAST?
What happened at APOTHEEK MAST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 88,718 (▲ 29% vs 2024). Source: NBB ↗
- Maarten Mast became a director. NBB
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,234 profit in 2021 to € 88,718 profit in 2025.
Paid € 85,865 in corporate taxes since 2021.
Best year ever: 2025, with € 88,718 profit.
On average € 132,700 of value added per employee in 2021.
Management
Behind APOTHEEK MAST is Maarten Mast. Maarten Mast is also behind APOTEEK DE COSTER and Autonoom Gemeentebedrijf Merchtem.
Directors
According to the 2025 annual accounts
since 2003
Establishments
Establishment units
Physical locations of this company
Nieuwelaan 1
1785 Merchtem
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0465.145.979
- VAT number
- BE 0465.145.979
- Registered office
- Nieuwelaan 1, 1785 Merchtem
- Names & denominations
- APOTHEEK MAST · MAST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 1999
- Peppol
- Active · Active since 2 Dec 2025
- Contact
- apotheekmast.be
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers