Financials
Financial year 2025
MST Licensing from Gent, company number BE0733835880, closed financial year 2025 with a result of € 27,786 after tax. For that financial year MST Licensing recorded a gross margin of € 92,046 and equity of € 64,134. Compared with financial year 2024, the result moved from € 28,241 to € 27,786. The company is profitable. 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 August 25, 2026.
€ 64,134
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,786
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 109,133
▲ 102% 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 € 61,634.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 126
▼ 96% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,386
▲ € 5,273 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,983
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,342 | € 20,175 | € 52,752 | € 92,046 | ▲ 74% |
| Profit after taxes | € -2,383 | € 4,570 | € 28,241 | € 27,786 | ▼ 2% |
| Equity | € 13,704 | € 16,607 | € 44,848 | € 64,134 | ▲ 43% |
| Total debts | € 39,033 | € 39,812 | € 43,234 | € 62,110 | ▲ 44% |
| Cash | € 11,966 | € 19,251 | € 54,058 | € 109,133 | ▲ 102% |
| Retained profit | € 11,204 | € 14,107 | € 42,348 | € 61,634 | ▲ 46% |
| Dividend | € 0 | € 1,666 | € 0 | € 0 | |
| Bank debt | € 19,008 | € 10,932 | € 2,751 | € 0 | ▼ 100% |
| Balance sheet total | € 52,736 | € 56,419 | € 88,082 | € 161,138 | ▲ 83% |
Key figures of MST Licensing, 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 MST Licensing?
What happened at MST Licensing in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,786 (▼ 2% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Wim Scheirsen became a director. NBB
In short
From € 2,383 loss in 2022 to € 27,786 profit in 2025.
Paid € 41,741 in corporate taxes since 2022.
Best year ever: 2024, with € 28,241 profit.
Paid out € 1,666 in dividends to the owners in total.
Management
Behind MST Licensing is Wim Scheirsen.
Directors
According to the 2025 annual accounts
Wim Scheirsen
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Halewijnstationstraat 54
9031 Gent
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
- 0733.835.880
- VAT number
- BE 0733.835.880
- Registered office
- Halewijnstationstraat 54, 9031 Gent
- Names & denominations
- MST Licensing
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2019
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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