What does MAST & CO do?

MAST & CO is a pharmacy in Merchtem. Private Limited, started on 20 September 2011, 1 establishment.

What is the address of MAST & CO?

The registered office of MAST & CO is located at Nieuwelaan 1, 1785 Merchtem.

Is MAST & CO still active?

Yes. According to the CBE (29 September 2026) MAST & CO is active, legal situation “Normale toestand”, started on 20 September 2011.

Is MAST & CO registered on Peppol?

Yes, MAST & CO is registered on the Peppol network with ID 0208:0839457596.

What is the enterprise number of MAST & CO?

The enterprise number of MAST & CO is BE0839457596.

When was MAST & CO founded?

MAST & CO was founded on 20 September 2011.

Who are the directors of MAST & CO?

According to the 2025 annual accounts, the directors of MAST & CO are: Lies De Coster.

Is MAST & CO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 September 2011; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MAST & CO make in 2025?

MAST & CO posted a profit after taxes of € 115,024 in financial year 2025.

What is the revenue of MAST & CO?

As a small company, MAST & CO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 181,427.

MAST & CO (Private Limited) - Merchtem - BE0839457596

Dossier MAST & CO, printed on 29 September 2026 from databakkes.be/en/0839457596/mast-co. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MAST & CO from Merchtem, company number BE0839457596, closed financial year 2025 with a result of € 115,024 after tax. For that financial year MAST & CO recorded a gross margin of € 181,427 and equity of € 817,461. Compared with financial year 2024, the result moved from € 116,255 to € 115,024. 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 27, 2026.

What it is worth Growing

€ 817,461

▲ 16% vs 2024

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

Profit Healthy

€ 115,024

▼ 1% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 12,094

▼ 54% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 811,261.

Debts at end 2025

Bank debt ≈ 5 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.

€ 400,977

▼ 23% vs 2024

€ 72,923 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 199

▼ 33% vs 2024

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

Taxes

€ 21,283

▼ 30% vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 210,776 Gross margin 2022: € 210,776 First fiscal year in the series	€ 208,524 Gross margin 2023: € 208,524 ▼ 1% vs 2022 (€ 210,776) Unfavourable step	€ 183,629 Gross margin 2024: € 183,629 ▼ 12% vs 2023 (€ 208,524) Unfavourable step	€ 181,427 Gross margin 2025: € 181,427 ▼ 1% vs 2024 (€ 183,629) Unfavourable step	▼ 1%
Profit after taxes	€ 138,018 Profit after taxes 2022: € 138,018 First fiscal year in the series	€ 138,633 Profit after taxes 2023: € 138,633 Unchanged (€ 138,018) Favourable step	€ 116,255 Profit after taxes 2024: € 116,255 ▼ 16% vs 2023 (€ 138,633) Unfavourable step	€ 115,024 Profit after taxes 2025: € 115,024 ▼ 1% vs 2024 (€ 116,255) Unfavourable step	▼ 1%
Equity	€ 497,549 Equity 2022: € 497,549 First fiscal year in the series	€ 586,182 Equity 2023: € 586,182 ▲ 18% vs 2022 (€ 497,549) Favourable step	€ 702,437 Equity 2024: € 702,437 ▲ 20% vs 2023 (€ 586,182) Favourable step	€ 817,461 Equity 2025: € 817,461 ▲ 16% vs 2024 (€ 702,437) Favourable step	▲ 16%
Total debts	€ 867,394 Total debts 2022: € 867,394 First fiscal year in the series	€ 778,331 Total debts 2023: € 778,331 ▼ 10% vs 2022 (€ 867,394) Favourable step	€ 695,704 Total debts 2024: € 695,704 ▼ 11% vs 2023 (€ 778,331) Favourable step	€ 546,115 Total debts 2025: € 546,115 ▼ 22% vs 2024 (€ 695,704) Favourable step	▼ 22%
Cash	€ 14,211 Cash 2022: € 14,211 First fiscal year in the series	€ 13,782 Cash 2023: € 13,782 ▼ 3% vs 2022 (€ 14,211) Unfavourable step	€ 26,185 Cash 2024: € 26,185 ▲ 90% vs 2023 (€ 13,782) Favourable step	€ 12,094 Cash 2025: € 12,094 ▼ 54% vs 2024 (€ 26,185) Unfavourable step	▼ 54%
Retained profit	€ 491,349 Retained profit 2022: € 491,349 First fiscal year in the series	€ 579,982 Retained profit 2023: € 579,982 ▲ 18% vs 2022 (€ 491,349) Favourable step	€ 696,237 Retained profit 2024: € 696,237 ▲ 20% vs 2023 (€ 579,982) Favourable step	€ 811,261 Retained profit 2025: € 811,261 ▲ 17% vs 2024 (€ 696,237) Favourable step	▲ 17%
Dividend	€ 79,000 Dividend 2022: € 79,000 First fiscal year in the series	€ 50,000 Dividend 2023: € 50,000 ▼ 37% vs 2022 (€ 79,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 50,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 709,228 Bank debt 2022: € 709,228 First fiscal year in the series	€ 589,997 Bank debt 2023: € 589,997 ▼ 17% vs 2022 (€ 709,228) Favourable step	€ 520,927 Bank debt 2024: € 520,927 ▼ 12% vs 2023 (€ 589,997) Favourable step	€ 400,977 Bank debt 2025: € 400,977 ▼ 23% vs 2024 (€ 520,927) Favourable step	▼ 23%
Balance sheet total	€ 1,364,943 Balance sheet total 2022: € 1,364,943 First fiscal year in the series	€ 1,364,513 Balance sheet total 2023: € 1,364,513 Unchanged (€ 1,364,943) Unchanged	€ 1,398,141 Balance sheet total 2024: € 1,398,141 ▲ 2% vs 2023 (€ 1,364,513) Unchanged	€ 1,363,576 Balance sheet total 2025: € 1,363,576 ▼ 2% vs 2024 (€ 1,398,141) Unchanged	▼ 2%

Key figures of MAST & CO, 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 & CO?

What happened at MAST & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 27, 2026 New annual accounts for financial year 2025: profit of € 115,024 (▼ 1% vs 2024). filed late Source: NBB ↗
Oct 1, 2011 New establishment in Merchtem. KBO
2011 Lies De Coster became a director. NBB
Sep 20, 2011 Start of the company according to the CBE. KBO

In short

From € 138,018 profit in 2022 to € 115,024 profit in 2025.

Paid € 211,570 in corporate taxes since 2022.

Best year ever: 2023, with € 138,633 profit.

Paid out € 129,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at MAST & CO? We notify you, reason included.

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My folder 3 companies

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%

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