Financials
Financial year 2025
MAS A.G. from Sankt Vith, company number BE0818817283, closed financial year 2025 with a result of € 17.8 million after tax. For that financial year MAS A.G. recorded a gross margin of € 3.5 million and equity of € 29.6 million. Compared with financial year 2024, the result moved from € 34 million to € 17.8 million. The company is profitable. 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 21, 2026.
€ 29.6 million
▲ 76% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17.8 million
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 3.9 million
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
28 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 22,650
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 73,899
▼ 81% 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 | € 3,398,183 | € 3,341,787 | € 3,620,257 | € 3,471,044 | ▼ 4% |
| Profit after taxes | € 3,060,043 | € 2,866,103 | € 33,951,412 | € 17,805,441 | ▼ 48% |
| Equity | € 54,957,509 | € 57,823,612 | € 16,775,024 | € 29,580,465 | ▲ 76% |
| Total debts | € 190,122 | € 482,062 | € 30,409,572 | € 5,096,549 | ▼ 83% |
| Cash | € 29,910,849 | € 20,640,304 | € 18,039,279 | € 3,927,426 | ▼ 78% |
| Retained profit | € 54,894,509 | € 57,760,612 | € 16,712,024 | € 29,517,465 | ▲ 77% |
| Dividend | € 0 | € 0 | € 75,000,000 | € 5,000,000 | ▼ 93% |
| Balance sheet total | € 55,147,631 | € 58,305,674 | € 47,184,596 | € 34,677,014 | ▼ 27% |
Key figures of MAS A.G., 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 MAS A.G.?
What happened at MAS A.G. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17.8 million (▼ 48% vs 2024). filed late Source: NBB ↗
- New establishment in Sankt Vith. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.1 million profit in 2022 to € 17.8 million profit in 2025.
Paid € 4.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 34 million profit.
Paid out € 80 million in dividends to the owners in total.
Management
Behind MAS A.G. are Anneliese Paula MICHAELIS, André Nikolaus SCHMITZ, Stephan Peter SCHMITZ and Raimund Peter SCHMITZ. It owns 99.5% of SMI itself.
Directors
According to the 2025 annual accounts
Anneliese Paula MICHAELIS
Director
André Nikolaus SCHMITZ
Managing director
Stephan Peter SCHMITZ
Managing director
Raimund Peter SCHMITZ
Chairman of the board
Establishments
Establishment units
Physical locations of this company
Stechelsberg,Hünningen 13
4780 Sankt Vith
Hünningen 37
4784 Sankt Vith
Active since 1 October 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0818.817.283
- VAT number
- BE 0818.817.283
- Registered office
- Stechelsberg,Hünningen 13, 4780 Sankt Vith
- Names & denominations
- MAS A.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2009
- Peppol
- Active · Active since 29 Dec 2025
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