Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MASTERCOOL EUROPE from Temse, company number BE0477444193, closed financial year 2025 with a result of € 66,627 after tax. For that financial year MASTERCOOL EUROPE recorded a gross margin of € 316,259 and equity of € 203,877. Compared with financial year 2024, the result moved from € -131,680 to € 66,627. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 203,877
▲ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,627
▲ still € 131,680 loss in 2024
Profit after tax over the fiscal year.
€ 91,991
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -526,123.
People and assets in 2025
4.5
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 284,033
▲ 4% vs 2024
€ 63,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 983,614
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,155
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 93,866 | € 254,697 | € 188,013 | € 316,259 | ▲ 68% |
| Profit after taxes | € -386,664 | € -31,947 | € -131,680 | € 66,627 | ▲ € 198,307 |
| Equity | € 300,877 | € 268,930 | € 137,250 | € 203,877 | ▲ 49% |
| Total debts | € 930,182 | € 991,693 | € 1,102,103 | € 1,028,148 | ▼ 7% |
| Cash | € 7,343 | € 148,661 | € 162,504 | € 91,991 | ▼ 43% |
| Retained profit | € -429,123 | € -461,070 | € -592,750 | € -526,123 | ▲ € 66,627 |
| Balance sheet total | € 1,231,059 | € 1,260,623 | € 1,239,353 | € 1,232,025 | ▼ 1% |
| Employees (FTE) | 4.9 | 4.7 | 4.6 | 4.5 | ▼ 0.1 |
Key figures of MASTERCOOL EUROPE, 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 MASTERCOOL EUROPE?
What happened at MASTERCOOL EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michael BARJESTEH stepped down as director. NBB
- Nima NILI stepped down as director. NBB
- Kia NILI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 66,627. Source: NBB ↗
- Michael BARJESTEH became a director. NBB
- Nima NILI became a director. NBB
- Kia NILI became a director. NBB
- New establishment in Temse. KBO
In short
From € 386,664 loss in 2022 to € 66,627 profit in 2025.
Paid € 922 in corporate taxes since 2022.
Best year ever: 2025, with € 66,627 profit.
On average € 70,300 of value added per employee in 2025.
A new publication or filing at MASTERCOOL EUROPE? 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 2025 annual accounts
Michael BARJESTEH
Director
since 2023 · until 2029
Nima NILI
Managing director
since 2023 · until 2029
Kia NILI
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Laagstraat 19
9140 Temse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.444.193
- VAT number
- BE 0477.444.193
- Registered office
- Laagstraat 19, 9140 Temse
- Names & denominations
- MASTERCOOL EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 2002
- Peppol
- Active · Active since 19 Aug 2025
- Activities · NACE
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