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 1 of the last 1 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2021; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2021
MASTE from Gent, company number BE0525862239, closed financial year 2021 with a result of € 6,458 after tax. For that financial year MASTE recorded a gross margin of € 128,319 and equity of € -10,686. The company is profitable. 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 July 31, 2022.
€ -10,686
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,458
Profit after tax over the fiscal year.
€ 1,194
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2021. Retained profit grew to € -29,286.
People and assets in 2021
3.1
Average over the fiscal year, from the social balance sheet.
€ 88,571
€ 28,600 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.
€ 13,161
Book value of vehicles, furniture and equipment.
Debts at end 2021
€ 919,518
€ 94,015 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 85,887
Supplier invoices still open on the last day of the fiscal year.
€ 20,698
Taxes, VAT and social contributions still to pay.
What happened to MASTE?
What happened at MASTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MASTE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2021: profit of € 6,458. Source: NBB ↗
- New establishment in Gent. KBO
- Stefanie Van Nieuwenhuyze became a director. NBB
- Samuel Van Houcke became a director. NBB
- Start of the company according to the CBE. KBO
In short
On average € 41,400 of value added per employee in 2021.
Management
Behind MASTE are Stefanie Van Nieuwenhuyze and Samuel Van Houcke. Stefanie Van Nieuwenhuyze is also behind NOON.
Directors
According to the 2021 annual accounts
since 2013
Samuel Van Houcke
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Tondelierlaan 23
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0525.862.239
- VAT number
- BE 0525.862.239
- Registered office
- Tondelierlaan 23, 9000 Gent
- Names & denominations
- MASTE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 2 April 2013
- Peppol
- Not registered
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening