What does MasterGrad do?

MasterGrad is a roofing contractor in Ramillies. Private Limited, started on 14 November 2019, 1 establishment.

What is the address of MasterGrad?

The registered office of MasterGrad is located at Rue de la Montagne 37C, 1367 Ramillies.

Is MasterGrad still active?

Yes. According to the CBE (31 October 2026) MasterGrad is active, legal situation “Normale toestand”, started on 14 November 2019.

Is MasterGrad registered on Peppol?

Yes, MasterGrad is registered on the Peppol network with ID 0208:0737673617.

What is the enterprise number of MasterGrad?

The enterprise number of MasterGrad is BE0737673617.

When was MasterGrad founded?

MasterGrad was founded on 14 November 2019.

Who are the directors of MasterGrad?

According to the 2025 annual accounts, the directors of MasterGrad are: Ioan GRAD, Mihai-Andrei GRAD.

Is MasterGrad a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 November 2019; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MasterGrad make in 2025?

MasterGrad posted a profit after taxes of € 10,503 in financial year 2025.

What is the revenue of MasterGrad?

As a small company, MasterGrad is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 18,608.

Does MasterGrad have a website?

Yes, MasterGrad has a website at mastergrad.be.

MasterGrad (Private Limited) - Ramillies - BE0737673617

Dossier MasterGrad, printed on 31 October 2026 from databakkes.be/en/0737673617/mastergrad. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Tight liquidity NBB

Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MasterGrad from Ramillies, company number BE0737673617, closed financial year 2025 with a result of € 10,503 after tax. For that financial year MasterGrad recorded a gross margin of € 18,608 and equity of € 10,810. Compared with financial year 2024, the result moved from € 333 to € 10,503. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.

What it is worth Growing

€ 10,810

▲ € 10,503 vs 2024

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

Profit Growing

€ 10,503

▲ € 10,170 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 126

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 810.

People and assets in 2025

Wage cost

€ 3,488

▲ € 3,636 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.

Vehicles and equipment

€ 2,608

▲ € 2,528 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 25,789

▼ 8% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 37,518

▼ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 11,782

▼ 40% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -29,868 Gross margin 2022: € -29,868 First fiscal year in the series	€ 26,187 Gross margin 2023: € 26,187 ▲ € 56,055 vs 2022 (€ -29,868) Favourable step	€ 6,395 Gross margin 2024: € 6,395 ▼ 76% vs 2023 (€ 26,187) Unfavourable step	€ 18,608 Gross margin 2025: € 18,608 ▲ 191% vs 2024 (€ 6,395) Favourable step	▲ 191%
Profit after taxes	€ -43,890 Profit after taxes 2022: € -43,890 First fiscal year in the series	€ 7,328 Profit after taxes 2023: € 7,328 ▲ € 51,219 vs 2022 (€ -43,890) Favourable step	€ 333 Profit after taxes 2024: € 333 ▼ 95% vs 2023 (€ 7,328) Unfavourable step	€ 10,503 Profit after taxes 2025: € 10,503 ▲ € 10,170 vs 2024 (€ 333) Favourable step	▲ € 10,170
Equity	€ -7,355 Equity 2022: € -7,355 First fiscal year in the series	€ -26 Equity 2023: € -26 ▲ € 7,328 vs 2022 (€ -7,355) Favourable step	€ 307 Equity 2024: € 307 ▲ € 333 vs 2023 (€ -26) Favourable step	€ 10,810 Equity 2025: € 10,810 ▲ € 10,503 vs 2024 (€ 307) Favourable step	▲ € 10,503
Total debts	€ 93,129 Total debts 2022: € 93,129 First fiscal year in the series	€ 90,329 Total debts 2023: € 90,329 ▼ 3% vs 2022 (€ 93,129) Favourable step	€ 89,381 Total debts 2024: € 89,381 ▼ 1% vs 2023 (€ 90,329) Favourable step	€ 77,367 Total debts 2025: € 77,367 ▼ 13% vs 2024 (€ 89,381) Favourable step	▼ 13%
Cash	€ 667 Cash 2022: € 667 First fiscal year in the series	-	-	€ 126 Cash 2025: € 126 First fiscal year in the series
Retained profit	€ -17,355 Retained profit 2022: € -17,355 First fiscal year in the series	€ -10,026 Retained profit 2023: € -10,026 ▲ € 7,328 vs 2022 (€ -17,355) Favourable step	€ -9,693 Retained profit 2024: € -9,693 ▲ € 333 vs 2023 (€ -10,026) Favourable step	€ 810 Retained profit 2025: € 810 ▲ € 10,503 vs 2024 (€ -9,693) Favourable step	▲ € 10,503
Bank debt	€ 44,636 Bank debt 2022: € 44,636 First fiscal year in the series	€ 36,795 Bank debt 2023: € 36,795 ▼ 18% vs 2022 (€ 44,636) Favourable step	€ 28,120 Bank debt 2024: € 28,120 ▼ 24% vs 2023 (€ 36,795) Favourable step	€ 25,789 Bank debt 2025: € 25,789 ▼ 8% vs 2024 (€ 28,120) Favourable step	▼ 8%
Balance sheet total	€ 85,775 Balance sheet total 2022: € 85,775 First fiscal year in the series	€ 90,303 Balance sheet total 2023: € 90,303 ▲ 5% vs 2022 (€ 85,775) Unchanged	€ 89,687 Balance sheet total 2024: € 89,687 ▼ 1% vs 2023 (€ 90,303) Unchanged	€ 88,176 Balance sheet total 2025: € 88,176 ▼ 2% vs 2024 (€ 89,687) Unchanged	▼ 2%

Key figures of MasterGrad, 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 MasterGrad?

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

Jul 15, 2026 New annual accounts for financial year 2025: profit of € 10,503 (▲ € 10,170 vs 2024). Source: NBB ↗
Nov 14, 2019 New establishment in Ramillies. KBO
2019 Ioan GRAD became a director. NBB
2019 Mihai-Andrei GRAD became a director. NBB
Nov 14, 2019 Start of the company according to the CBE. KBO

In short

From € 43,890 loss in 2022 to € 10,503 profit in 2025.

Paid € 963 in corporate taxes since 2022.

Best year ever: 2025, with € 10,503 profit.

Original PDFs at the National Bank ↗

Management

Ioan GRAD Mihai-Andrei GRAD

MasterGrad

Behind MasterGrad are Ioan GRAD and Mihai-Andrei GRAD.

Directors

According to the 2025 annual accounts

Ioan GRAD

Director

since 2019

Mihai-Andrei GRAD

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Montagne 37C

1367 Ramillies

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

Website

HTTPS mastergrad.be

About

Technologies

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Hosting & Email

Email provider

Self-hosted

Hosting

DIGITALOCEAN-ASN - DigitalOcean, LLC, US

Website info

HTTPS Ja

Languages FR

Features

Contact page

Security

✓ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0737.673.617

VAT number

BE 0737.673.617

Registered office

Rue de la Montagne 37C, 1367 Ramillies

Names & denominations

MasterGrad

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

14 November 2019

Peppol

Active · Active since 15 Nov 2024

Contact

mastergrad.be

Activities · NACE

Metselwerk

Uitvoeren van metsel- en voegwerken

Overige werkzaamheden in verband met de afwerking van gebouwen

Bouwrijp maken van terreinen

Stukadoorswerk

Installatie van isolatie

Schrijnwerk

Algemene elektrotechnische installatiewerken

View on CBE Public ↗ Annual accounts (NBB) ↗

MasterGrad

Warning lights

Financials

What happened to MasterGrad?

Management

Directors

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions