Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAS DRIVE from Zutendaal, company number BE0661776659, closed financial year 2025 with a result of € -3,592 after tax. For that financial year MAS DRIVE recorded a gross margin of € -823 and equity of € 7,224. Compared with financial year 2024, the result moved from € -5,603 to € -3,592. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 7,224
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,592
▲ 36 % less loss than in 2024
Profit after tax over the fiscal year.
€ 40
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,776.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 280
Loans from banks and other lenders, long and short.
€ 663
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -12,545 | € 601 | € -2,969 | € -823 | ▲ € 2,147 |
| Profit after taxes | € -23,945 | € -3,600 | € -5,603 | € -3,592 | ▲ € 2,011 |
| Equity | € 20,018 | € 16,418 | € 10,816 | € 7,224 | ▼ 33% |
| Total debts | € 29,491 | € 18,554 | € 10,717 | € 8,406 | ▼ 22% |
| Cash | € 2,108 | € 13,170 | € 42 | € 40 | ▼ 7% |
| Land & buildings | € 4,853 | € 4,687 | € 4,522 | € 4,356 | ▼ 4% |
| Retained profit | € 18 | € -3,582 | € -9,184 | € -12,776 | ▼ € 3,592 |
| Bank debt | € 0 | € 0 | € 0 | € 280 | |
| Balance sheet total | € 49,509 | € 34,973 | € 21,533 | € 15,630 | ▼ 27% |
Key figures of MAS DRIVE, 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 MAS DRIVE?
What happened at MAS DRIVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,592. filed late Source: NBB ↗
- New establishment in Zutendaal. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,945 loss in 2022 to € 3,592 loss in 2025.
Management
Behind MAS DRIVE is Kenny MASSART. Kenny MASSART is also behind Kplus.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ossebergstraat 20
3690 Zutendaal
Noordlaan 78
3690 Zutendaal
Active since 29 August 2016
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
- 0661.776.659
- VAT number
- BE 0661.776.659
- Registered office
- Ossebergstraat 20, 3690 Zutendaal
- Names & denominations
- MAS DRIVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 2016
- Peppol
- Active · Active since 3 Aug 2026
- Activities · NACE
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)