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 2 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MASTER MOVERS from Antwerpen, company number BE0790288791, closed financial year 2024 with a result of € -20,388 after tax. For that financial year MASTER MOVERS recorded a gross margin of € -12,755 and equity of € -22,913. Compared with financial year 2023, the result moved from € -4,025 to € -20,388. 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 September 30, 2025.
€ -22,913
▼ € 20,388 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,388
▼ 407 % more loss than in 2023
Profit after tax over the fiscal year.
€ 3,958
▼ 61% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -24,413.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 12,222
▼ 35% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 7,217
▼ 36% vs 2023
€ 4,461 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,304
▲ 52% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 15,299
▲ 70% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 2,635 | € -12,755 | ▼ € 15,389 |
| Profit after taxes | € -4,025 | € -20,388 | ▼ € 16,363 |
| Equity | € -2,525 | € -22,913 | ▼ € 20,388 |
| Total debts | € 37,513 | € 40,929 | ▲ 9% |
| Cash | € 10,170 | € 3,958 | ▼ 61% |
| Retained profit | € -4,025 | € -24,413 | ▼ € 20,388 |
| Bank debt | € 11,362 | € 7,217 | ▼ 36% |
| Balance sheet total | € 34,987 | € 18,016 | ▼ 49% |
Key figures of MASTER MOVERS, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MASTER MOVERS?
What happened at MASTER MOVERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 20,388. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,025 loss in 2023 to € 20,388 loss in 2024.
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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
Behind MASTER MOVERS is Mustafa ERCIYAS.
Directors
According to the 2024 annual accounts
Mustafa ERCIYAS
Director
Establishments
Establishment units
Physical locations of this company
Overhout 15
2170 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0790.288.791
- VAT number
- BE 0790.288.791
- Registered office
- Overhout 15, 2170 Antwerpen
- Names & denominations
- MASTER MOVERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2022
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- mastermovers.be 0498976991
- Activities · NACE
Verhuisactiviteiten