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 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MASTASTRUCT from Sint-Niklaas, company number BE0649557530, closed financial year 2025 with a result of € 37 after tax. For that financial year MASTASTRUCT recorded a gross margin of € 880 and equity of € 17,450. Compared with financial year 2024, the result moved from € 9 to € 37. 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 December 19, 2025.
€ 17,450
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37
▲ € 28 vs 2024
Profit after tax over the fiscal year.
€ 3,744
▲ 72% 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 € -1,150.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,285 | € 699 | € 394 | € 880 | ▲ 123% |
| Profit after taxes | € 549 | € 137 | € 9 | € 37 | ▲ € 28 |
| Equity | € 4,867 | € 17,404 | € 17,413 | € 17,450 | |
| Total debts | € 51,596 | € 60,066 | € 61,879 | € 63,792 | ▲ 3% |
| Cash | € 434 | € 8,177 | € 2,177 | € 3,744 | ▲ 72% |
| Retained profit | € -1,333 | € -1,196 | € -1,187 | € -1,150 | ▲ € 37 |
| Balance sheet total | € 56,463 | € 77,470 | € 79,292 | € 81,242 | ▲ 2% |
Key figures of MASTASTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MASTASTRUCT?
What happened at MASTASTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37 (▲ € 28 vs 2024). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 549 profit in 2022 to € 37 profit in 2025.
Best year ever: 2022, with € 549 profit.
A new publication or filing at MASTASTRUCT? 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
The stake of MANEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MASTASTRUCTBehind MASTASTRUCT is MANEL BVBA. The shares are held by MANEL (50%).
Directors
According to the 2025 annual accounts
Director · represented by Marc Staes
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zonnestraat 39
9100 Sint-Niklaas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0649.557.530
- VAT number
- BE 0649.557.530
- Registered office
- Zonnestraat 39, 9100 Sint-Niklaas
- Names & denominations
- MASTASTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2016
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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