What does MASTERING COMPANY do?

MASTERING COMPANY is a wholesaler in Waasmunster. Private Limited, started on 19 March 2015, 1 establishment.

What is the address of MASTERING COMPANY?

The registered office of MASTERING COMPANY is located at Nijverheidslaan 210, 9250 Waasmunster.

Is MASTERING COMPANY still active?

Yes. According to the CBE (30 October 2026) MASTERING COMPANY is active, legal situation “Normale toestand”, started on 19 March 2015.

Is MASTERING COMPANY registered on Peppol?

Yes, MASTERING COMPANY is registered on the Peppol network with ID 0208:0607835652.

What is the enterprise number of MASTERING COMPANY?

The enterprise number of MASTERING COMPANY is BE0607835652.

When was MASTERING COMPANY founded?

MASTERING COMPANY was founded on 19 March 2015.

Who are the directors of MASTERING COMPANY?

According to the 2024 annual accounts, the directors of MASTERING COMPANY are: Mahmoud Krknawi.

Is MASTERING COMPANY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 March 2015; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did MASTERING COMPANY make in 2024?

MASTERING COMPANY posted a profit after taxes of € 10,206 in financial year 2024.

What is the revenue of MASTERING COMPANY?

As a small company, MASTERING COMPANY is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 40,978.

MASTERING COMPANY (Private Limited) - Waasmunster

Dossier MASTERING COMPANY, printed on 30 October 2026 from databakkes.be/en/0607835652/mastering-company. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 43 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

MASTERING COMPANY from Waasmunster, company number BE0607835652, closed financial year 2024 with a result of € 10,206 after tax. For that financial year MASTERING COMPANY recorded a gross margin of € 40,978 and equity of € 83,355. Compared with financial year 2023, the result moved from € 4,795 to € 10,206. 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 July 4, 2025.

What it is worth Growing

€ 83,355

▲ 14% vs 2023

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

Profit Growing

€ 10,206

▲ 113% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 251

▼ 97% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 39,755.

People and assets in 2024

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 8,716 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 8,716

▼ 49% 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

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 202,491

▼ 12% vs 2023

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

Taxes and wages

€ 11,712

▼ 16% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 31,504 Gross margin 2021: € 31,504 First fiscal year in the series	€ 30,972 Gross margin 2022: € 30,972 ▼ 2% vs 2021 (€ 31,504) Unfavourable step	€ 41,747 Gross margin 2023: € 41,747 ▲ 35% vs 2022 (€ 30,972) Favourable step	€ 40,978 Gross margin 2024: € 40,978 ▼ 2% vs 2023 (€ 41,747) Unfavourable step	▼ 2%
Profit after taxes	€ 3,195 Profit after taxes 2021: € 3,195 First fiscal year in the series	€ 463 Profit after taxes 2022: € 463 ▼ 86% vs 2021 (€ 3,195) Unfavourable step	€ 4,795 Profit after taxes 2023: € 4,795 ▲ € 4,332 vs 2022 (€ 463) Favourable step	€ 10,206 Profit after taxes 2024: € 10,206 ▲ 113% vs 2023 (€ 4,795) Favourable step	▲ 113%
Equity	€ 67,891 Equity 2021: € 67,891 First fiscal year in the series	€ 68,354 Equity 2022: € 68,354 ▲ 1% vs 2021 (€ 67,891) Favourable step	€ 73,149 Equity 2023: € 73,149 ▲ 7% vs 2022 (€ 68,354) Favourable step	€ 83,355 Equity 2024: € 83,355 ▲ 14% vs 2023 (€ 73,149) Favourable step	▲ 14%
Total debts	€ 80,938 Total debts 2021: € 80,938 First fiscal year in the series	€ 109,166 Total debts 2022: € 109,166 ▲ 35% vs 2021 (€ 80,938) Unfavourable step	€ 413,063 Total debts 2023: € 413,063 ▲ 278% vs 2022 (€ 109,166) Unfavourable step	€ 231,551 Total debts 2024: € 231,551 ▼ 44% vs 2023 (€ 413,063) Favourable step	▼ 44%
Cash	€ 408 Cash 2021: € 408 First fiscal year in the series	€ 16,080 Cash 2022: € 16,080 ▲ € 15,672 vs 2021 (€ 408) Favourable step	€ 8,153 Cash 2023: € 8,153 ▼ 49% vs 2022 (€ 16,080) Unfavourable step	€ 251 Cash 2024: € 251 ▼ 97% vs 2023 (€ 8,153) Unfavourable step	▼ 97%
Land & buildings	€ 1,808 Land & buildings 2021: € 1,808 First fiscal year in the series	€ 1,356 Land & buildings 2022: € 1,356 ▼ 25% vs 2021 (€ 1,808) Unchanged	€ 904 Land & buildings 2023: € 904 ▼ 33% vs 2022 (€ 1,356) Unchanged	€ 452 Land & buildings 2024: € 452 ▼ 50% vs 2023 (€ 904) Unchanged	▼ 50%
Retained profit	€ 24,291 Retained profit 2021: € 24,291 First fiscal year in the series	€ 24,754 Retained profit 2022: € 24,754 ▲ 2% vs 2021 (€ 24,291) Favourable step	€ 29,549 Retained profit 2023: € 29,549 ▲ 19% vs 2022 (€ 24,754) Favourable step	€ 39,755 Retained profit 2024: € 39,755 ▲ 35% vs 2023 (€ 29,549) Favourable step	▲ 35%
Balance sheet total	€ 148,829 Balance sheet total 2021: € 148,829 First fiscal year in the series	€ 177,520 Balance sheet total 2022: € 177,520 ▲ 19% vs 2021 (€ 148,829) Unchanged	€ 486,212 Balance sheet total 2023: € 486,212 ▲ 174% vs 2022 (€ 177,520) Unchanged	€ 314,906 Balance sheet total 2024: € 314,906 ▼ 35% vs 2023 (€ 486,212) Unchanged	▼ 35%

Key figures of MASTERING COMPANY, 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 MASTERING COMPANY?

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

Jul 4, 2025 New annual accounts for financial year 2024: profit of € 10,206 (▲ 113% vs 2023). Source: NBB ↗
2023 Mahmoud Krknawi became a director. NBB
Apr 1, 2015 New establishment in Waasmunster. KBO
Mar 19, 2015 Start of the company according to the CBE. KBO

In short

From € 3,195 profit in 2021 to € 10,206 profit in 2024.

Paid € 24,294 in corporate taxes since 2021.

Best year ever: 2024, with € 10,206 profit.

Original PDFs at the National Bank ↗

Management

Mahmoud Krknawi

MASTERING COMPANY

Behind MASTERING COMPANY is Mahmoud Krknawi.

Directors

According to the 2024 annual accounts

Mahmoud Krknawi

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Nijverheidslaan 210

9250 Waasmunster

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

Details

Company number

0607.835.652

VAT number

BE 0607.835.652

Registered office

Nijverheidslaan 210, 9250 Waasmunster

Names & denominations

MASTERING COMPANY

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

19 March 2015

Peppol

Active · Active since 12 Aug 2025

Activities · NACE

Groothandel in kleding, met uitzondering van werk- en onderkleding

Detailhandel in tweedehandskleding

View on CBE Public ↗ Annual accounts (NBB) ↗

MASTERING COMPANY

Warning lights

Financials

What happened to MASTERING COMPANY?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions