Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
The Place To Be MAS from Braine-le-Château, company number BE0720544605, closed financial year 2025 with a result of € -48,252 after tax. For that financial year The Place To Be MAS recorded a gross margin of € 100,242 and equity of € -10,217. Compared with financial year 2024, the result moved from € 38,383 to € -48,252. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ -10,217
▼ € 20,714 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,252
▼ still € 38,383 profit in 2024
Profit after tax over the fiscal year.
€ 19,183
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -87,755.
People and assets in 2025
€ 105,927
▲ 88% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 320,231
▼ 18% vs 2024
€ 61,237 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 262,764
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,883
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 203,963 | € 257,939 | € 150,887 | € 100,242 | ▼ 34% |
| Profit after taxes | € 15,118 | € -1,950 | € 38,383 | € -48,252 | ▼ € 86,635 |
| Equity | € -25,936 | € -27,887 | € 10,496 | € -10,217 | ▼ € 20,714 |
| Total debts | € 755,043 | € 687,227 | € 602,850 | € 614,315 | ▲ 2% |
| Cash | € 17,498 | € 10,015 | € 17,321 | € 19,183 | ▲ 11% |
| Retained profit | € -75,936 | € -77,887 | € -39,504 | € -87,755 | ▼ € 48,252 |
| Bank debt | € 644,936 | € 477,054 | € 391,242 | € 320,231 | ▼ 18% |
| Balance sheet total | € 729,107 | € 659,340 | € 613,347 | € 613,276 |
Key figures of The Place To Be MAS, 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 The Place To Be MAS?
What happened at The Place To Be MAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 48,252 (▼ € 86,635 vs 2024). Source: NBB ↗
- New establishment in Braine-le-Château. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,118 profit in 2022 to € 48,252 loss in 2025.
Best year ever: 2024, with € 38,383 profit.
A new publication or filing at The Place To Be MAS? 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 The Place To Be MAS is Arnaud Szalies. Arnaud Szalies is also behind MAISON DES ARTS SUCRÉS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Chaussée de Tubize(W-B) 248
1440 Braine-le-Château
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0720.544.605
- VAT number
- BE 0720.544.605
- Registered office
- Chaussée de Tubize(W-B) 248, 1440 Braine-le-Château
- Names & denominations
- The Place To Be MAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 2019
- Peppol
- Active · Active since 26 Aug 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
Detailhandel in chocolade en suikerwerk
Vervaardiging van cacao, chocolade en suikerwerk
Eetgelegenheden met beperkte bediening