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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mastertrucks from Wielsbeke, company number BE0891455437, closed financial year 2025 with a result of € 42,994 after tax. For that financial year Mastertrucks recorded a gross margin of € 135,073 and equity of € -58,175. Compared with financial year 2024, the result moved from € 79,291 to € 42,994. The company is profitable. 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 April 8, 2026.
€ -58,175
▲ € 42,994 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,994
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 2,272
▼ 83% 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 € -95,375.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 74,668
▲ 1% vs 2024
€ 74,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,006
▼ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,270
▼ 93% vs 2024
Loans from banks and other lenders, long and short.
€ 47,902
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,263
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 604,519 | € 201,916 | € 164,018 | € 135,073 | ▼ 18% |
| Profit after taxes | € 73,241 | € -36,718 | € 79,291 | € 42,994 | ▼ 46% |
| Equity | € -143,742 | € -180,460 | € -101,169 | € -58,175 | ▲ € 42,994 |
| Total debts | € 1,046,856 | € 453,710 | € 446,104 | € 312,110 | ▼ 30% |
| Cash | € 6,081 | € 10,112 | € 13,013 | € 2,272 | ▼ 83% |
| Retained profit | € -180,942 | € -217,660 | € -138,369 | € -95,375 | ▲ € 42,994 |
| Bank debt | € 386,277 | € 221,202 | € 94,572 | € 6,270 | ▼ 93% |
| Balance sheet total | € 903,113 | € 273,250 | € 344,936 | € 253,935 | ▼ 26% |
| Employees (FTE) | 4.1 | 1.2 | 1 | 1 |
Key figures of Mastertrucks, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Mastertrucks?
What happened at Mastertrucks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,994 (▼ 46% vs 2024). Source: NBB ↗
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 73,241 profit in 2022 to € 42,994 profit in 2025.
Paid € 722 in corporate taxes since 2022.
Best year ever: 2024, with € 79,291 profit.
On average € 135,100 of value added per employee in 2025.
A new publication or filing at Mastertrucks? We notify you, reason included.
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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
The stake of WEMEL INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MastertrucksBehind Mastertrucks is Joos Wemel. The shares are held by WEMEL INVEST (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wielsbeeksestraat(O) 115
8710 Wielsbeke
Abeelestraat 14 B
8710 Wielsbeke
Active since 5 September 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0891.455.437
- VAT number
- BE 0891.455.437
- Registered office
- Wielsbeeksestraat(O) 115, 8710 Wielsbeke
- Names & denominations
- Mastertrucks
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 2007
- Peppol
- Active · Active since 13 Jul 2025
- Activities · NACE
Goederenvervoer over de weg
Handelsbemiddeling gespecialiseerd in overige goederen, n.e.g.
Handelsbemiddeling in de groothandel in andere specifieke goederen