Financials
Financial year 2025
Mast Construct from Oostende, company number BE0785703166, closed financial year 2025 with a result of € 74,380 after tax. For that financial year Mast Construct recorded a gross margin of € 129,114 and equity of € 85,629. Compared with financial year 2024, the result moved from € 53,974 to € 74,380. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 85,629
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,380
▲ 38% vs 2024
Profit after tax over the fiscal year.
€ 70,380
▲ 261% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 140,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 40,613
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,697
▲ € 3,737 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,373
▲ 13% 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 | € 72,901 | € 51,301 | € 88,352 | € 129,114 | ▲ 46% |
| Profit after taxes | € 58,301 | € 33,974 | € 53,974 | € 74,380 | ▲ 38% |
| Equity | € 63,301 | € 97,275 | € 151,250 | € 85,629 | ▼ 43% |
| Total debts | € 36,057 | € 38,991 | € 193,523 | € 114,442 | ▼ 41% |
| Cash | € 24,571 | € 58,727 | € 19,476 | € 70,380 | ▲ 261% |
| Land & buildings | - | € 3,360 | € 3,360 | € 3,360 | |
| Retained profit | € 58,301 | € 92,275 | € 146,250 | € 80,629 | ▼ 45% |
| Dividend | € 0 | € 0 | € 0 | € 140,000 | |
| Bank debt | € 0 | € 0 | € 95,000 | € 0 | ▼ 100% |
| Balance sheet total | € 99,358 | € 136,266 | € 344,772 | € 200,071 | ▼ 42% |
Key figures of Mast Construct, 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 Mast Construct?
What happened at Mast Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 74,380 (▲ 38% vs 2024). filed late Source: NBB ↗
- New establishment in Oostende. KBO
- Cédric Stuyts became a director. NBB
- Jordy Maesen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 58,301 profit in 2022 to € 74,380 profit in 2025.
Paid € 69,477 in corporate taxes since 2022.
Best year ever: 2025, with € 74,380 profit.
Paid out € 140,000 in dividends to the owners in total.
Management
Behind Mast Construct are Cédric Stuyts and Jordy Maesen.
Directors
According to the 2025 annual accounts
Cédric Stuyts
Director
since 2022
Jordy Maesen
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Mercatorlaan 19 box 11.03
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0785.703.166
- VAT number
- BE 0785.703.166
- Registered office
- Mercatorlaan 19 bus 11.03, 8400 Oostende
- Names & denominations
- Mast Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 2022
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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