Financials
Financial year 2025
MASTER TECH from Lokeren, company number BE0749922935, closed financial year 2025 with a result of € 426,139 after tax. For that financial year MASTER TECH recorded a gross margin of € 1.3 million and equity of € 551,713. Compared with financial year 2024, the result moved from € 115,933 to € 426,139. 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 August 31, 2026.
€ 551,713
▲ 145% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 426,139
▲ 268% vs 2024
Profit after tax over the fiscal year.
€ 433,831
▲ € 376,773 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
23 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 555,756
▲ 222% 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.
€ 330,132
▲ 66% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 596,154
▲ 24% vs 2024
€ 133,413 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 70,239
▲ € 56,505 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 203,091
▲ 109% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 251,523 | € 422,229 | € 452,817 | € 1,260,388 | ▲ 178% |
| Profit after taxes | € 60,422 | € 103,430 | € 115,933 | € 426,139 | ▲ 268% |
| Equity | € 125,093 | € 215,523 | € 225,574 | € 551,713 | ▲ 145% |
| Total debts | € 581,058 | € 598,804 | € 697,940 | € 870,639 | ▲ 25% |
| Cash | € 32 | € 22,707 | € 57,058 | € 433,831 | ▲ € 376,773 |
| Land & buildings | € 331,698 | € 322,134 | € 312,570 | € 303,006 | ▼ 3% |
| Retained profit | € 119,093 | € 209,523 | € 219,574 | € 545,713 | ▲ 149% |
| Dividend | € 0 | € 13,000 | € 105,882 | € 100,000 | ▼ 6% |
| Bank debt | € 492,038 | € 494,439 | € 481,033 | € 596,154 | ▲ 24% |
| Balance sheet total | € 720,327 | € 848,926 | € 958,112 | € 1,456,951 | ▲ 52% |
Key figures of MASTER TECH, 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 MASTER TECH?
What happened at MASTER TECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 426,139 (▲ 268% vs 2024). filed late Source: NBB ↗
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
- Fatih Albayrak became a director. NBB
In short
From € 60,422 profit in 2022 to € 426,139 profit in 2025.
Paid € 244,507 in corporate taxes since 2022.
Best year ever: 2025, with € 426,139 profit.
Paid out € 218,882 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Fatih Albayrak
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Lokerhoutstraat 69
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0749.922.935
- VAT number
- BE 0749.922.935
- Registered office
- Lokerhoutstraat 69, 9160 Lokeren
- Names & denominations
- MASTER TECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2020
- Peppol
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