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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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
MAST from Izegem, company number BE0465866650, closed financial year 2023 with a result of € -25,415 after tax. For that financial year MAST recorded a gross margin of € 200,208 and equity of € 296,558. Compared with financial year 2022, the result moved from € 34,769 to € -25,415. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 21, 2024.
€ 296,558
▼ 8% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,415
▼ still € 34,769 profit in 2022
Profit after tax over the fiscal year.
€ 16,609
▼ 47% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 277,966.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 191,086
▲ 5% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,618
▲ 51% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 667
Loans from banks and other lenders, long and short.
€ 26,411
▲ 9% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 133,411 | € 256,775 | € 200,208 | ▼ 22% |
| Profit after taxes | € 12,512 | € 34,769 | € -25,415 | ▼ € 60,183 |
| Equity | € 287,204 | € 321,973 | € 296,558 | ▼ 8% |
| Total debts | € 22,669 | € 29,115 | € 31,862 | ▲ 9% |
| Cash | € 15,526 | € 31,616 | € 16,609 | ▼ 47% |
| Retained profit | € 268,612 | € 303,381 | € 277,966 | ▼ 8% |
| Bank debt | € 3,333 | € 667 | € 667 | |
| Balance sheet total | € 309,873 | € 351,088 | € 328,420 | ▼ 6% |
Key figures of MAST, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to MAST?
What happened at MAST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 25,415 (▼ € 60,183 vs 2022). filed late Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,512 profit in 2021 to € 25,415 loss in 2023.
Paid € 119 in corporate taxes since 2021.
Best year ever: 2022, with € 34,769 profit.
Management
Behind MAST is Marc Seys. Marc Seys is also behind WMP-IMMO.
Directors
According to the 2023 annual accounts
Establishments
Establishment units
Physical locations of this company
Zuidkaai 22
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0465.866.650
- VAT number
- BE 0465.866.650
- Registered office
- Zuidkaai 22, 8870 Izegem
- Names & denominations
- MAST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 1999
- Peppol
- Active · Active since 23 Feb 2026
- Activities · NACE
Discotheken, dancings en dergelijke
Cafés
Cafés en bars