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 4 fiscal years.
Financials
Financial year 2025
MASTERVIEW from Koksijde, company number BE0876996497, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year MASTERVIEW recorded a gross margin of € 206,606 and equity of € -1.3 million. Compared with financial year 2024, the result moved from € 120,026 to € -1.4 million. 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 October 30, 2025.
€ -1.3 million
▼ € 1.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ still € 120,026 profit in 2024
Profit after tax over the fiscal year.
€ 5,596
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
People and assets in 2025
€ 3,538
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,543
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 81,194 | € 93,200 | € 93,879 | € 206,606 | ▲ 120% |
| Profit after taxes | € -142,193 | € -71,189 | € 120,026 | € -1,366,420 | ▼ € 1.5 million |
| Equity | € 15,927 | € -55,262 | € 64,764 | € -1,301,656 | ▼ € 1.4 million |
| Total debts | € 247,394 | € 286,706 | € 38,639 | € 93,436 | ▲ 142% |
| Cash | € 44,784 | € 37,938 | € 95,627 | € 5,596 | ▼ 94% |
| Land & buildings | € 1,293,029 | € 1,270,181 | € 1,247,334 | € 1,225,430 | ▼ 2% |
| Retained profit | € 3,527 | € -67,662 | € 52,364 | € -1,314,056 | ▼ € 1.4 million |
| Balance sheet total | € 3,272,971 | € 3,250,513 | € 3,130,416 | € 1,825,192 | ▼ 42% |
Key figures of MASTERVIEW, 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 October 2026.
What happened to MASTERVIEW?
What happened at MASTERVIEW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.4 million (▼ € 1.5 million vs 2024). Source: NBB ↗
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 142,193 loss in 2022 to € 1.4 million loss in 2025.
Best year ever: 2024, with € 120,026 profit.
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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 MASTERVIEW is Marianne Vergotte. It owns 95% of Art Nivo itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Kluislaan(Odk) 17
8670 Koksijde
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
- 0876.996.497
- VAT number
- BE 0876.996.497
- Registered office
- Kluislaan(Odk) 17, 8670 Koksijde
- Names & denominations
- MASTERVIEW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 2005
- Peppol
- Active · Active since 2 Oct 2025
- Contact
- [email protected]
- Activities · NACE
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