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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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 243 days after the legal deadline.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
M.A.S.E. MARKET from Brussel, company number BE0715609283, closed financial year 2024 with a result of € -27,140 after tax. For that financial year M.A.S.E. MARKET recorded a gross margin of € 748,877 and equity of € 600,766. Compared with financial year 2023, the result moved from € 245,761 to € -27,140. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ 600,766
▼ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,140
▼ still € 245,761 profit in 2023
Profit after tax over the fiscal year.
€ 42,064
▼ 54% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 550,766.
People and assets in 2024
18.7
▼ 0.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 604,328
€ 32,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 263
▼ 60% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 128,069
▼ 37% vs 2023
€ 110 is repaid this year. At this pace the long-term loan is gone in ≈ 893 years.
€ 956,984
▼ 3% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 288,700
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 856,824 | € 918,040 | € 1,142,003 | € 748,877 | ▼ 34% |
| Profit after taxes | € 93,171 | € 151,214 | € 245,761 | € -27,140 | ▼ € 272,901 |
| Equity | € 230,931 | € 382,145 | € 627,906 | € 600,766 | ▼ 4% |
| Total debts | € 1,578,461 | € 1,281,421 | € 1,488,087 | € 1,374,573 | ▼ 8% |
| Cash | € 26,958 | € 51,240 | € 90,615 | € 42,064 | ▼ 54% |
| Land & buildings | - | - | - | € 4,379 | |
| Retained profit | € 180,931 | € 332,145 | € 577,906 | € 550,766 | ▼ 5% |
| Bank debt | € 341,195 | € 252,139 | € 203,647 | € 128,069 | ▼ 37% |
| Balance sheet total | € 1,809,391 | € 1,663,565 | € 2,115,992 | € 1,975,339 | ▼ 7% |
| Employees (FTE) | 22.4 | 16.1 | 19.3 | 18.7 | ▼ 0.6 |
Key figures of M.A.S.E. MARKET, 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 M.A.S.E. MARKET?
What happened at M.A.S.E. MARKET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 27,140 (▼ € 272,901 vs 2023). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Pieter COLPAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 93,171 profit in 2021 to € 27,140 loss in 2024.
Paid € 232,789 in corporate taxes since 2021.
Best year ever: 2023, with € 245,761 profit.
On average € 40,000 of value added per employee in 2024.
A new publication or filing at M.A.S.E. MARKET? 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
Behind M.A.S.E. MARKET is Pieter COLPAN. Pieter COLPAN is also behind IMMO STARK, STARK CORP and MASE Kitchen.
Directors
According to the 2024 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Drukpersstraat 9 - 11
1000 Brussel
Pacificatiestraat 2
2000 Antwerpen
Active since 1 January 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0715.609.283
- VAT number
- BE 0715.609.283
- Registered office
- Drukpersstraat 9 - 11, 1000 Brussel
- Names & denominations
- M.A.S.E. MARKET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2018
- Peppol
- Not registered
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)