Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Maastery from Elsene, company number BE0474071959, closed financial year 2024 with a result of € 18,474 after tax. For that financial year Maastery recorded a gross margin of € 37,178 and equity of € -135,751. Compared with financial year 2023, the result moved from € -98,293 to € 18,474. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2025.
€ -135,751
▲ € 18,249 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,474
▲ still € 98,293 loss in 2023
Profit after tax over the fiscal year.
€ 11,815
▼ 70% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -145,682.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,928
▼ 96% vs 2023
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 117,455
▲ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 30,314
▲ 100% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 74,177 | € 118,496 | € 6,304 | € 37,178 | ▲ € 30,874 |
| Profit after taxes | € 29,875 | € -1,963 | € -98,293 | € 18,474 | ▲ € 116,767 |
| Equity | € -54,663 | € -55,557 | € -154,000 | € -135,751 | ▲ € 18,249 |
| Total debts | € 288,985 | € 366,441 | € 417,430 | € 402,170 | ▼ 4% |
| Cash | € 45,887 | € 24,467 | € 39,470 | € 11,815 | ▼ 70% |
| Retained profit | € -63,975 | € -65,938 | € -164,156 | € -145,682 | ▲ € 18,474 |
| Bank debt | € 5,240 | € 4,816 | € 0 | € 0 | |
| Balance sheet total | € 234,322 | € 311,240 | € 263,711 | € 266,625 | ▲ 1% |
| Employees (FTE) | 1.9 | 2.7 | 1.2 | - |
Key figures of Maastery, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Maastery?
What happened at Maastery in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 18,474. filed late Source: NBB ↗
- Olivier Rousseaux became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,875 profit in 2021 to € 18,474 profit in 2024.
Paid € 2,553 in corporate taxes since 2021.
Best year ever: 2021, with € 29,875 profit.
On average € 5,300 of value added per employee in 2023.
A new publication or filing at Maastery? We notify you, reason included.
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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
Management
Directors
According to the 2024 annual accounts
Olivier Rousseaux
Director
since 2020
Establishments
Establishment units
Physical locations of this company
George Bergmannlaan 70
1050 Elsene
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
- 0474.071.959
- VAT number
- BE 0474.071.959
- Registered office
- George Bergmannlaan 70, 1050 Elsene
- Names & denominations
- Maastery
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2001
- Peppol
- Active · Active since 1 Feb 2026
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