Financials
Financial year 2025
MASH from Gent, company number BE0560662275, closed financial year 2025 with a result of € 191,163 after tax. For that financial year MASH recorded a gross margin of € 264,572 and equity of € 21,632. Compared with financial year 2024, the result moved from € 221,042 to € 191,163. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 9, 2026.
€ 21,632
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 191,163
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 204,632
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 190,000 paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 112,157
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 95,586
€ 25,001 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 7,306
▲ € 6,515 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,856
▼ 20% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 251,602 | € 299,975 | € 300,005 | € 264,572 | ▼ 12% |
| Profit after taxes | € 169,489 | € 206,513 | € 221,042 | € 191,163 | ▼ 14% |
| Equity | € 22,914 | € 19,427 | € 20,469 | € 21,632 | ▲ 6% |
| Total debts | € 219,486 | € 229,835 | € 237,102 | € 309,869 | ▲ 31% |
| Cash | € 196,937 | € 212,343 | € 223,930 | € 204,632 | ▼ 9% |
| Retained profit | € 4,314 | € 827 | € 1,869 | € 3,032 | ▲ 62% |
| Dividend | € 390,000 | € 210,000 | € 220,000 | € 190,000 | ▼ 14% |
| Bank debt | € 10,733 | € 0 | € 0 | € 95,586 | |
| Balance sheet total | € 242,400 | € 249,262 | € 257,571 | € 331,502 | ▲ 29% |
Key figures of MASH, 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 MASH?
What happened at MASH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 191,163 (▼ 14% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 169,489 profit in 2022 to € 191,163 profit in 2025.
Paid € 271,886 in corporate taxes since 2022.
Best year ever: 2024, with € 221,042 profit.
Paid out € 1 million in dividends to the owners in total.
Management
Behind MASH is Hildegard Verhoeven. Hildegard Verhoeven is also behind CORILUS, RINGPHONE, SOFT 33, Progenda and PRIDIKTIV.
Directors
According to the 2025 annual accounts
Hildegard Verhoeven
Director
Also active at: CORILUS, RINGPHONE, SOFT 33, Progenda, PRIDIKTIV, InnoVision, RoCa Invest II, EyeFile +3 more
Establishments
Establishment units
Physical locations of this company
Heiebreestraat 24
9031 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0560.662.275
- VAT number
- BE 0560.662.275
- Registered office
- Heiebreestraat 24, 9031 Gent
- Names & denominations
- MASH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 2014
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
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