Financials
Financial year 2025
Mastercraft from Zulte, company number BE0742625862, closed financial year 2025 with a result of € -23,422 after tax. For that financial year Mastercraft recorded a gross margin of € 235,821 and equity of € 143,537. Compared with financial year 2024, the result moved from € 47,022 to € -23,422. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 143,537
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,422
▼ still € 47,022 profit in 2024
Profit after tax over the fiscal year.
€ 196,292
▲ € 188,480 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 140,537.
People and assets in 2025
€ 40,567
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 76,363
▲ 3% vs 2024
Of which on lease € 53,055.
Debts at end 2025
€ 1.6 million
▲ € 1.3 million vs 2024
€ 73,443 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 18,384
▲ € 14,600 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,943
▲ 204% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 93,793 | € 145,107 | € 138,987 | € 235,821 | ▲ 70% |
| Profit after taxes | € 49,407 | € 89,225 | € 47,022 | € -23,422 | ▼ € 70,444 |
| Equity | € 84,711 | € 119,936 | € 166,959 | € 143,537 | ▼ 14% |
| Total debts | € 71,298 | € 73,454 | € 265,836 | € 1,823,877 | ▲ € 1.6 million |
| Cash | € 4,399 | € 5,320 | € 7,812 | € 196,292 | ▲ € 188,480 |
| Land & buildings | - | - | € 151,724 | € 1,551,640 | ▲ € 1.4 million |
| Retained profit | € 81,711 | € 116,936 | € 163,959 | € 140,537 | ▼ 14% |
| Dividend | € 0 | € 54,000 | € 0 | € 0 | |
| Bank debt | € 30,378 | € 34,276 | € 250,764 | € 1,565,591 | ▲ € 1.3 million |
| Balance sheet total | € 156,009 | € 193,390 | € 432,794 | € 1,967,414 | ▲ € 1.5 million |
Key figures of Mastercraft, 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 Mastercraft?
What happened at Mastercraft in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,422 (▼ € 70,444 vs 2024). filed late Source: NBB ↗
- New establishment in Wevelgem. KBO
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
- Louis-Philippe Debaere became a director. NBB
- Muriel Lambrecht became a director. NBB
In short
From € 49,407 profit in 2022 to € 23,422 loss in 2025.
Paid € 70,273 in corporate taxes since 2022.
Best year ever: 2023, with € 89,225 profit.
Paid out € 54,000 in dividends to the owners in total.
Management
Behind Mastercraft are Louis-Philippe Debaere and Muriel Lambrecht. Louis-Philippe Debaere is also behind LAMBRECHT TRUCKING.
Directors
According to the 2025 annual accounts
since 2020
Muriel Lambrecht
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Oudenaardestraat 168
9870 Zulte
Zuidstraat 2
8560 Wevelgem
Active since 1 February 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0742.625.862
- VAT number
- BE 0742.625.862
- Registered office
- Oudenaardestraat 168, 9870 Zulte
- Names & denominations
- Mastercraft
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 2020
- Peppol
- Active · Active since 10 Mar 2026
- Activities · NACE
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