Bankrupt · Opening faillissement (CBE)

Masto

BE0686664483

Rechtspersoon Private limited company 1 establishment

Masto is a hotel in Hasselt. Private Limited, started on 20 December 2017, 1 establishment.

Genkersteenweg 2, 3500 Hasselt

Behind the company: Laurina Korbijn.

Start date

20 December 2017

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

Masto from Hasselt, company number BE0686664483, closed financial year 2022 with a result of € 26,242 after tax. For that financial year Masto recorded a gross margin of € 39,899 and equity of € 23,868. Compared with financial year 2021, the result moved from € 13,632 to € 26,242. 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 January 10, 2024.

What it is worth Growing

€ 23,868

▲ € 26,242 vs 2021

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

Profit Growing

€ 26,242

▲ 93% vs 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 19,706

▲ € 18,966 vs 2021

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

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € 17,668.

People and assets in 2022

Full-time equivalents estimate

≈ 1

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

Wage cost estimate

€ 3,603

▲ 35% vs 2021

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 209

▼ 89% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt

€ 91,672

▲ 2% vs 2021

Loans from banks and other lenders, long and short.

Taxes

€ 3,603

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
202020212022Change 2021 → 2022
Gross margin € 13,820 € 32,201 € 39,899 ▲ 24%
Profit after taxes € -6,604 € 13,632 € 26,242 ▲ 93%
Equity € -16,007 € -2,374 € 23,868 ▲ € 26,242
Total debts € 99,423 € 90,000 € 97,031 ▲ 8%
Cash € 2,054 € 740 € 19,706 ▲ € 18,966
Land & buildings € 38,057 € 32,700 € 34,134 ▲ 4%
Retained profit € -22,207 € -8,574 € 17,668 ▲ € 26,242
Bank debt € 90,000 € 90,000 € 91,672 ▲ 2%
Balance sheet total € 83,416 € 87,626 € 120,899 ▲ 38%

Key figures of Masto, fiscal years 2020 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to Masto?

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

Masto is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: profit of € 26,242 (▲ 93% vs 2021). filed late Source: NBB ↗
  • New establishment in Hasselt. KBO
  • Laurina Korbijn became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 6,604 loss in 2020 to € 26,242 profit in 2022.

Best year ever: 2022, with € 26,242 profit.

Management

Laurina Korbijn
Masto

Behind Masto is Laurina Korbijn.

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Directors

According to the 2022 annual accounts

Laurina Korbijn

Director

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

Genkersteenweg 2

3500 Hasselt

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

Details

Company number
0686.664.483
VAT number
BE 0686.664.483
Registered office
Genkersteenweg 2, 3500 Hasselt
Names & denominations
Masto
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
20 December 2017
Peppol
Active · Active since 17 Oct 2025
Activities · NACE

Hotels en dergelijke accommodatie

Frequently asked questions

What does Masto do?
Masto is a hotel in Hasselt. Private Limited, started on 20 December 2017, 1 establishment.
What is the address of Masto?
The registered office of Masto is located at Genkersteenweg 2, 3500 Hasselt.
Is Masto still active?
No. The CBE lists Masto with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Masto registered on Peppol?
Yes, Masto is registered on the Peppol network with ID 0208:0686664483.
What is the enterprise number of Masto?
The enterprise number of Masto is BE0686664483.
When was Masto founded?
Masto was founded on 20 December 2017.