Financials
Financial year 2025
MASTER V MANAGEMENT from Ieper, company number BE0756585350, closed financial year 2025 with a result of € 71,074 after tax. For that financial year MASTER V MANAGEMENT recorded a gross margin of € 106,930 and equity of € 195,517. Compared with financial year 2024, the result moved from € 30,451 to € 71,074. 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 June 29, 2026.
€ 195,517
▲ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,074
▲ 133% vs 2024
Profit after tax over the fiscal year.
€ 51,953
▲ € 41,273 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 € 165,517.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 3,593
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 71,091
▼ 25% vs 2024
€ 24,085 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 7,830
▲ € 6,096 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,189
▼ 31% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,186 | € 60,768 | € 52,730 | € 106,930 | ▲ 103% |
| Profit after taxes | € 8,818 | € 37,748 | € 30,451 | € 71,074 | ▲ 133% |
| Equity | € 56,245 | € 93,992 | € 124,443 | € 195,517 | ▲ 57% |
| Total debts | € 168,131 | € 152,481 | € 110,165 | € 84,649 | ▼ 23% |
| Cash | € 254 | € 12,399 | € 10,681 | € 51,953 | ▲ € 41,273 |
| Retained profit | € 26,245 | € 63,992 | € 94,443 | € 165,517 | ▲ 75% |
| Bank debt | € 141,576 | € 118,372 | € 94,879 | € 71,091 | ▼ 25% |
| Balance sheet total | € 224,376 | € 246,474 | € 234,608 | € 280,166 | ▲ 19% |
Key figures of MASTER V MANAGEMENT, 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 V MANAGEMENT?
What happened at MASTER V MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 71,074 (▲ 133% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,818 profit in 2022 to € 71,074 profit in 2025.
Paid € 61,689 in corporate taxes since 2022.
Best year ever: 2025, with € 71,074 profit.
Management
Behind MASTER V MANAGEMENT are Shana Dehouck and Marieke Versavel. It owns 25% of Versavel itself.
Directors
According to the 2025 annual accounts
Shana Dehouck
Director
Establishments
Establishment units
Physical locations of this company
Potakker 7
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0756.585.350
- VAT number
- BE 0756.585.350
- Registered office
- Potakker 7, 8900 Ieper
- Names & denominations
- MASTER V MANAGEMENT · MvM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2020
- Peppol
- Active · Active since 12 Sept 2025
- Activities · NACE
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