Financials
Financial year 2025
MASTRI from Lennik, company number BE0727507621, closed financial year 2025 with a result of € 69,881 after tax. For that financial year MASTRI recorded a gross margin of € 182,735 and equity of € 394,886. Compared with financial year 2024, the result moved from € 59,250 to € 69,881. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 394,886
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,881
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 55,844
▲ 33% 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 € 388,886.
People and assets in 2025
€ 749,181
▼ 9% vs 2024
Of which on lease € 724,033.
Debts at end 2025
€ 583,126
▼ 9% vs 2024
€ 60,358 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 2,848
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,289
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 122,638 | € 152,081 | € 169,792 | € 182,735 | ▲ 8% |
| Profit after taxes | € 48,618 | € 51,174 | € 59,250 | € 69,881 | ▲ 18% |
| Equity | € 214,581 | € 265,755 | € 325,005 | € 394,886 | ▲ 22% |
| Total debts | € 819,997 | € 752,248 | € 667,468 | € 600,522 | ▼ 10% |
| Cash | € 67,220 | € 64,762 | € 41,989 | € 55,844 | ▲ 33% |
| Retained profit | € 208,581 | € 259,755 | € 319,005 | € 388,886 | ▲ 22% |
| Bank debt | € 765,290 | € 694,533 | € 637,769 | € 583,126 | ▼ 9% |
| Balance sheet total | € 1,034,578 | € 1,018,003 | € 992,473 | € 995,408 |
Key figures of MASTRI, 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 MASTRI?
What happened at MASTRI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 69,881 (▲ 18% vs 2024). Source: NBB ↗
- New establishment in Lennik. KBO
- Pieter Van Mulders became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 48,618 profit in 2022 to € 69,881 profit in 2025.
Paid € 53,491 in corporate taxes since 2022.
Best year ever: 2025, with € 69,881 profit.
Management
Behind MASTRI is Pieter Van Mulders. Pieter Van Mulders is also behind Plan-S.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Gustaaf Breynaertstraat 106
1750 Lennik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0727.507.621
- VAT number
- BE 0727.507.621
- Registered office
- Gustaaf Breynaertstraat 106, 1750 Lennik
- Names & denominations
- MASTRI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 2019
- Peppol
- Active · Active since 24 Dec 2025
- Contact
- [email protected]
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