Financials
Financial year 2025
MASTER REEF from Courcelles, company number BE0831819045, closed financial year 2025 with a result of € 5,362 after tax. For that financial year MASTER REEF recorded a gross margin of € 17,066 and equity of € 60,839. Compared with financial year 2024, the result moved from € 50,884 to € 5,362. 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 July 14, 2026.
€ 60,839
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,362
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 35,035
▼ 50% 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 € 58,779.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 33,176
▼ 49% 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 | € 61,746 | € 119,776 | € 82,788 | € 17,066 | ▼ 79% |
| Profit after taxes | € -5,029 | € 84,414 | € 50,884 | € 5,362 | ▼ 89% |
| Equity | € 11,179 | € 10,592 | € 55,476 | € 60,839 | ▲ 10% |
| Total debts | € 56,974 | € 102,886 | € 107,681 | € 33,176 | ▼ 69% |
| Cash | € 48,907 | € 87,551 | € 70,460 | € 35,035 | ▼ 50% |
| Retained profit | € 4,979 | € 4,392 | € 53,416 | € 58,779 | ▲ 10% |
| Dividend | € 0 | € 85,000 | € 0 | € 0 | |
| Balance sheet total | € 68,152 | € 113,478 | € 163,157 | € 94,015 | ▼ 42% |
Key figures of MASTER REEF, 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 REEF?
What happened at MASTER REEF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,362 (▼ 89% vs 2024). Source: NBB ↗
- New establishment in Donceel. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,029 loss in 2022 to € 5,362 profit in 2025.
Paid € 67,808 in corporate taxes since 2022.
Best year ever: 2023, with € 84,414 profit.
Paid out € 85,000 in dividends to the owners in total.
Management
Behind MASTER REEF is Bruno CRASSINIS. Bruno CRASSINIS is also behind VEMU and EMCA Distribution.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de Piéton(TR) 72
6183 Courcelles
Rue La Rue 74
4357 Donceel
Active since 1 January 2011
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
- 0831.819.045
- VAT number
- BE 0831.819.045
- Registered office
- Rue de Piéton(TR) 72, 6183 Courcelles
- Names & denominations
- MASTER REEF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2010
- Peppol
- Active · Active since 20 Oct 2025
- Contact
- [email protected]
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