MAS is a property company in Ukkel. Public Limited, started on 31 January 2000, 1 establishment.

What is the address of MAS?

The registered office of MAS is located at Wellingtonlaan 124, 1180 Ukkel.

Yes. According to the CBE (30 October 2026) MAS is active, legal situation “Normale toestand”, started on 31 January 2000.

Is MAS registered on Peppol?

Yes, MAS is registered on the Peppol network with ID 0208:0470206609.

What is the enterprise number of MAS?

The enterprise number of MAS is BE0470206609.

When was MAS founded?

MAS was founded on 31 January 2000.

Who are the directors of MAS?

According to the 2025 annual accounts, the directors of MAS are: FINALMA SPRL, P.B Brussel Société Anonyme.

Is MAS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 January 2000; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MAS make in 2025?

MAS recorded a loss after taxes of € 25,382 in financial year 2025.

What is the revenue of MAS?

As a small company, MAS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 50,944.

How many employees does MAS have?

According to the 2025 annual accounts, MAS has 0 full-time equivalents (FTE).

MAS (Public Limited) - Ukkel - BE0470206609

Dossier MAS, printed on 30 October 2026 from databakkes.be/en/0470206609/mas. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MAS from Ukkel, company number BE0470206609, closed financial year 2025 with a result of € -25,382 after tax. For that financial year MAS recorded a gross margin of € 50,944 and equity of € 624,727. Compared with financial year 2024, the result moved from € 60,079 to € -25,382. 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 July 3, 2026.

What it is worth Healthy

€ 624,727

▼ 4% vs 2024

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

Loss Caution

€ -25,382

▼ still € 60,079 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 18,393

▼ 85% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 24,727.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 1,355

▼ 25% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 1.2 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 60,711

▲ € 58,234 vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 101,940 Gross margin 2022: € 101,940 First fiscal year in the series	€ 119,396 Gross margin 2023: € 119,396 ▲ 17% vs 2022 (€ 101,940) Favourable step	€ 118,538 Gross margin 2024: € 118,538 ▼ 1% vs 2023 (€ 119,396) Unfavourable step	€ 50,944 Gross margin 2025: € 50,944 ▼ 57% vs 2024 (€ 118,538) Unfavourable step	▼ 57%
Profit after taxes	€ 58,352 Profit after taxes 2022: € 58,352 First fiscal year in the series	€ 66,365 Profit after taxes 2023: € 66,365 ▲ 14% vs 2022 (€ 58,352) Favourable step	€ 60,079 Profit after taxes 2024: € 60,079 ▼ 9% vs 2023 (€ 66,365) Unfavourable step	€ -25,382 Profit after taxes 2025: € -25,382 ▼ € 85,461 vs 2024 (€ 60,079) Unfavourable step	▼ € 85,461
Equity	€ 631,665 Equity 2022: € 631,665 First fiscal year in the series	€ 640,030 Equity 2023: € 640,030 ▲ 1% vs 2022 (€ 631,665) Favourable step	€ 650,109 Equity 2024: € 650,109 ▲ 2% vs 2023 (€ 640,030) Favourable step	€ 624,727 Equity 2025: € 624,727 ▼ 4% vs 2024 (€ 650,109) Unfavourable step	▼ 4%
Total debts	€ 18,132 Total debts 2022: € 18,132 First fiscal year in the series	€ 109,300 Total debts 2023: € 109,300 ▲ € 91,168 vs 2022 (€ 18,132) Unfavourable step	€ 59,101 Total debts 2024: € 59,101 ▼ 46% vs 2023 (€ 109,300) Favourable step	€ 1,233,256 Total debts 2025: € 1,233,256 ▲ € 1.2 million vs 2024 (€ 59,101) Unfavourable step	▲ € 1.2 million
Cash	€ 130,770 Cash 2022: € 130,770 First fiscal year in the series	€ 147,235 Cash 2023: € 147,235 ▲ 13% vs 2022 (€ 130,770) Favourable step	€ 121,369 Cash 2024: € 121,369 ▼ 18% vs 2023 (€ 147,235) Unfavourable step	€ 18,393 Cash 2025: € 18,393 ▼ 85% vs 2024 (€ 121,369) Unfavourable step	▼ 85%
Land & buildings	€ 240,916 Land & buildings 2022: € 240,916 First fiscal year in the series	€ 215,372 Land & buildings 2023: € 215,372 ▼ 11% vs 2022 (€ 240,916) Unchanged	€ 192,001 Land & buildings 2024: € 192,001 ▼ 11% vs 2023 (€ 215,372) Unchanged	€ 446,056 Land & buildings 2025: € 446,056 ▲ 132% vs 2024 (€ 192,001) Unchanged	▲ 132%
Retained profit	€ 31,665 Retained profit 2022: € 31,665 First fiscal year in the series	€ 40,030 Retained profit 2023: € 40,030 ▲ 26% vs 2022 (€ 31,665) Favourable step	€ 50,109 Retained profit 2024: € 50,109 ▲ 25% vs 2023 (€ 40,030) Favourable step	€ 24,727 Retained profit 2025: € 24,727 ▼ 51% vs 2024 (€ 50,109) Unfavourable step	▼ 51%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 58,000 Dividend 2023: € 58,000 Unchanged (€ 0) Unchanged	€ 50,000 Dividend 2024: € 50,000 ▼ 14% vs 2023 (€ 58,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 50,000) Unchanged	▼ 100%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 1,160,000 Bank debt 2025: € 1,160,000 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 649,797 Balance sheet total 2022: € 649,797 First fiscal year in the series	€ 749,330 Balance sheet total 2023: € 749,330 ▲ 15% vs 2022 (€ 649,797) Unchanged	€ 709,210 Balance sheet total 2024: € 709,210 ▼ 5% vs 2023 (€ 749,330) Unchanged	€ 1,857,983 Balance sheet total 2025: € 1,857,983 ▲ 162% vs 2024 (€ 709,210) Unchanged	▲ 162%

Key figures of MAS, 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 MAS?

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

2031 P.B Brussel Société Anonyme stepped down as director. NBB
Jul 3, 2026 New annual accounts for financial year 2025: loss of € 25,382 (▼ € 85,461 vs 2024). Source: NBB ↗
2025 FINALMA SPRL became a director. NBB
2025 P.B Brussel Société Anonyme became a director. NBB
May 9, 2000 New establishment in Brussel. KBO
Jan 31, 2000 Start of the company according to the CBE. KBO

In short

From € 58,352 profit in 2022 to € 25,382 loss in 2025.

Paid € 40,150 in corporate taxes since 2022.

Best year ever: 2023, with € 66,365 profit.

Paid out € 108,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

P.B Brussel

RAS EUROPE 30.2%

TAS EUROPROJECTS 4.8%

The stake of RAS EUROPE, TAS EUROPROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MAS

Behind MAS is FINALMA SPRL. The shares are held by P.B Brussel, RAS EUROPE (30.2%) and TAS EUROPROJECTS (4.8%).

Directors

According to the 2025 annual accounts

FINALMA SPRL

Director · represented by Jihad TALEB

Also active at: P.B.BRUSSEL

since 2025

P.B Brussel Société Anonyme

Director · represented by Alain DE FRENNE

Also active at: Compagnie générale Mifra, ALMA IMMO, RAS EUROPE

since 2025 · until 2031

Shareholders

P.B Brussel

RAS EUROPE

30.2%

TAS EUROPROJECTS

4.8%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Wellingtonlaan 124

1180 Ukkel

2.096.529.690

Spastraat 18

1000 Brussel

Active since 9 May 2000

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

Compagnie générale Mifra same network

€ -372,309 gross margin · 2025

Healing Therapy

€ -993 gross margin · 2025

PB-AI

Mobil22

€ 26,665 gross margin · 2025

FINALMA same network

€ -6,091 gross margin · 2025

+2 more

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

Details

Company number

0470.206.609

VAT number

BE 0470.206.609

Registered office

Wellingtonlaan 124, 1180 Ukkel

Names & denominations

MAS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 January 2000

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur van niet-residentiële gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

MAS