Bankrupt · Opening faillissement (CBE)

MASTEL

BE0744416503

Rechtspersoon Private limited company 2 establishments

MASTEL is a hospitality business in Gent. Private Limited, started on 25 February 2020, 2 establishments.

Tondelierlaan 25, 9000 Gent [email protected]

Behind the company: Stefanie Van Nieuwenhuyze, Samuel Van Houcke.

Start date

25 February 2020

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 1 of the last 1 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 16 % of short-term debt in 2021; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

MASTEL from Gent, company number BE0744416503, closed financial year 2021 with a result of € -83,266 after tax. For that financial year MASTEL recorded a gross margin of € -16,127 and equity of € -133,089. 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 31, 2022.

What it is worth Caution

€ -133,089

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

Loss Caution

€ -83,266

Profit after tax over the fiscal year.

Cash in the bank

€ 382

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -138,089.

People and assets in 2021

Full-time equivalents

2.1

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 66,982

€ 31,900 per full-time equivalent. 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

€ 16,742

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt ≈ 5 years to go

€ 132,885

€ 26,411 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 34,928

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

Taxes and wages

€ 23,304

Taxes, VAT and social contributions still to pay.

What happened to MASTEL?

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

MASTEL is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2021: loss of € 83,266. Source: NBB ↗
  • New establishment in Gent. KBO
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO
  • Stefanie Van Nieuwenhuyze became a director. NBB
  • Samuel Van Houcke became a director. NBB

Management

Stefanie Van Nieuwenhuyze Samuel Van Houcke
MASTEL

Behind MASTEL are Stefanie Van Nieuwenhuyze and Samuel Van Houcke. Stefanie Van Nieuwenhuyze is also behind NOON.

Directors

According to the 2021 annual accounts

Stefanie Van Nieuwenhuyze

Director

Also active at: NOON

since 2020

Samuel Van Houcke

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Tondelierlaan 25

9000 Gent

2.326.475.120

Onderbergen 33

9000 Gent

Active since 1 February 2022

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

Details

Company number
0744.416.503
VAT number
BE 0744.416.503
Registered office
Tondelierlaan 25, 9000 Gent
Names & denominations
MASTEL
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
25 February 2020
Peppol
Not registered
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Catering van evenementen

Frequently asked questions

What does MASTEL do?
MASTEL is a hospitality business in Gent. Private Limited, started on 25 February 2020, 2 establishments.
What is the address of MASTEL?
The registered office of MASTEL is located at Tondelierlaan 25, 9000 Gent.
Is MASTEL still active?
No. The CBE lists MASTEL with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is MASTEL registered on Peppol?
No, MASTEL is currently not registered on the Peppol network.
What is the enterprise number of MASTEL?
The enterprise number of MASTEL is BE0744416503.
When was MASTEL founded?
MASTEL was founded on 25 February 2020.