M.A.S is a heating and ventilation installer in Malmedy. Private Limited, started on 8 November 2021, 1 establishment.

What is the address of M.A.S?

The registered office of M.A.S is located at Bernister-R.de la Vieille Ferme 6 box 2, 4960 Malmedy.

Is M.A.S still active?

Yes. According to the CBE (29 October 2026) M.A.S is active, legal situation “Normale toestand”, started on 8 November 2021.

Is M.A.S registered on Peppol?

Yes, M.A.S is registered on the Peppol network with ID 0208:0776938326.

What is the enterprise number of M.A.S?

The enterprise number of M.A.S is BE0776938326.

When was M.A.S founded?

M.A.S was founded on 8 November 2021.

Who are the directors of M.A.S?

According to the 2025 annual accounts, the directors of M.A.S are: M2V SRL, STEVE WEY SRL, HEINEN ANTOINE SRL.

Is M.A.S a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 November 2021; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did M.A.S make in 2025?

M.A.S posted a profit after taxes of € 119,667 in financial year 2025.

What is the revenue of M.A.S?

As a small company, M.A.S is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 173,717.

M.A.S (Private Limited) - Malmedy - BE0776938326

Dossier M.A.S, printed on 29 October 2026 from databakkes.be/en/0776938326/m-a-s. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

M.A.S from Malmedy, company number BE0776938326, closed financial year 2025 with a result of € 119,667 after tax. For that financial year M.A.S recorded a gross margin of € 173,717 and equity of € 130,146. Compared with financial year 2024, the result moved from € 1,959 to € 119,667. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 8, 2025.

What it is worth Growing

€ 130,146

▲ 34% vs 2024

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

Profit Growing

€ 119,667

▲ € 117,709 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 34,090

▲ 10% vs 2024

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

Where the profit goes Pays out

€ 87,000 paid out

73 % of the profit went to the shareholders, the rest stayed in the company.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 127,500

▼ 11% vs 2024

€ 18,750 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 48,960

▼ 28% vs 2024

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

Taxes

€ 4,066

▲ 273% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 58,588 Gross margin 2022: € 58,588 First fiscal year in the series	€ 58,253 Gross margin 2023: € 58,253 ▼ 1% vs 2022 (€ 58,588) Unfavourable step	€ 5,535 Gross margin 2024: € 5,535 ▼ 90% vs 2023 (€ 58,253) Unfavourable step	€ 173,717 Gross margin 2025: € 173,717 ▲ € 168,182 vs 2024 (€ 5,535) Favourable step	▲ € 168,182
Profit after taxes	€ 42,736 Profit after taxes 2022: € 42,736 First fiscal year in the series	€ 43,784 Profit after taxes 2023: € 43,784 ▲ 2% vs 2022 (€ 42,736) Favourable step	€ 1,959 Profit after taxes 2024: € 1,959 ▼ 96% vs 2023 (€ 43,784) Unfavourable step	€ 119,667 Profit after taxes 2025: € 119,667 ▲ € 117,709 vs 2024 (€ 1,959) Favourable step	▲ € 117,709
Equity	€ 51,736 Equity 2022: € 51,736 First fiscal year in the series	€ 95,520 Equity 2023: € 95,520 ▲ 85% vs 2022 (€ 51,736) Favourable step	€ 97,479 Equity 2024: € 97,479 ▲ 2% vs 2023 (€ 95,520) Favourable step	€ 130,146 Equity 2025: € 130,146 ▲ 34% vs 2024 (€ 97,479) Favourable step	▲ 34%
Total debts	€ 141,686 Total debts 2022: € 141,686 First fiscal year in the series	€ 152,836 Total debts 2023: € 152,836 ▲ 8% vs 2022 (€ 141,686) Unfavourable step	€ 331,655 Total debts 2024: € 331,655 ▲ 117% vs 2023 (€ 152,836) Unfavourable step	€ 387,541 Total debts 2025: € 387,541 ▲ 17% vs 2024 (€ 331,655) Unfavourable step	▲ 17%
Cash	€ 36,987 Cash 2022: € 36,987 First fiscal year in the series	€ 28,560 Cash 2023: € 28,560 ▼ 23% vs 2022 (€ 36,987) Unfavourable step	€ 30,894 Cash 2024: € 30,894 ▲ 8% vs 2023 (€ 28,560) Favourable step	€ 34,090 Cash 2025: € 34,090 ▲ 10% vs 2024 (€ 30,894) Favourable step	▲ 10%
Retained profit	€ 42,736 Retained profit 2022: € 42,736 First fiscal year in the series	€ 86,520 Retained profit 2023: € 86,520 ▲ 102% vs 2022 (€ 42,736) Favourable step	€ 88,479 Retained profit 2024: € 88,479 ▲ 2% vs 2023 (€ 86,520) Favourable step	€ 121,146 Retained profit 2025: € 121,146 ▲ 37% vs 2024 (€ 88,479) Favourable step	▲ 37%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 87,000 Dividend 2025: € 87,000 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 142,500 Bank debt 2024: € 142,500 Unchanged (€ 0) Unfavourable step	€ 127,500 Bank debt 2025: € 127,500 ▼ 11% vs 2024 (€ 142,500) Favourable step	▼ 11%
Balance sheet total	€ 193,422 Balance sheet total 2022: € 193,422 First fiscal year in the series	€ 248,356 Balance sheet total 2023: € 248,356 ▲ 28% vs 2022 (€ 193,422) Unchanged	€ 429,133 Balance sheet total 2024: € 429,133 ▲ 73% vs 2023 (€ 248,356) Unchanged	€ 517,688 Balance sheet total 2025: € 517,688 ▲ 21% vs 2024 (€ 429,133) Unchanged	▲ 21%

Key figures of M.A.S, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to M.A.S?

What happened at M.A.S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 8, 2025 New annual accounts for financial year 2025: profit of € 119,667 (▲ € 117,709 vs 2024). Source: NBB ↗
2025 M2V SRL became a director. NBB
Nov 8, 2021 New establishment in Malmedy. KBO
Nov 8, 2021 Start of the company according to the CBE. KBO
2021 STEVE WEY SRL became a director. NBB
2021 HEINEN ANTOINE SRL became a director. NBB

In short

From € 42,736 profit in 2022 to € 119,667 profit in 2025.

Paid € 71,314 in corporate taxes since 2022.

Best year ever: 2025, with € 119,667 profit.

Paid out € 87,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

HEINEN ANTOINE 33.3%

M2V 33%

Steve WEY

The stake of HEINEN ANTOINE, M2V, Steve WEY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

M.A.S

Behind M.A.S are M2V SRL, STEVE WEY SRL and HEINEN ANTOINE SRL. The shares are held by HEINEN ANTOINE (33.3%), M2V (33%) and Steve WEY.

Directors

According to the 2025 annual accounts

M2V SRL

Director

Also active at: RM Project

since 2025

STEVE WEY SRL

Director

since 2021

HEINEN ANTOINE SRL

Director

since 2021

Shareholders

HEINEN ANTOINE

33.3%

M2V

33%

Steve WEY

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Bernister-R.de la Vieille Ferme 6 box 2

4960 Malmedy

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Rachel BODARWÉ – EXPERT-COMPTABLE ET FISCAL CERTIFIE

€ 29,745 gross margin · 2025

M2V same network

€ -2,839 gross margin · 2025

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

Details

Company number: 0776.938.326
VAT number: BE 0776.938.326
Registered office: Bernister-R.de la Vieille Ferme 6 bus 2, 4960 Malmedy
Names & denominations: M.A.S
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 8 November 2021
Peppol: Active · Active since 6 Jan 2026
Activities · NACE: Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

View on CBE Public ↗ Annual accounts (NBB) ↗

M.A.S

Financials

What happened to M.A.S?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions