Financials
Financial year 2025
Masterworkx from Gent, company number BE1000124240, closed financial year 2025 with a result of € 51,404 after tax. For that financial year Masterworkx recorded a gross margin of € 68,916 and equity of € 104,998. Compared with financial year 2024, the result moved from € 38,519 to € 51,404. Profitable, and profit is growing. 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 May 15, 2026.
€ 104,998
▲ 96% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,404
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 98,331
▲ € 79,978 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 € 103,998.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 20,000
€ 3,764 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 49,416
Supplier invoices still open on the last day of the fiscal year.
€ 24,537
▲ 36% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 17,898 | € 50,785 | € 68,916 | ▲ 36% |
| Profit after taxes | € 14,075 | € 38,519 | € 51,404 | ▲ 33% |
| Equity | € 15,075 | € 53,594 | € 104,998 | ▲ 96% |
| Total debts | € 9,472 | € 37,429 | € 93,953 | ▲ 151% |
| Cash | € 7,568 | € 18,354 | € 98,331 | ▲ € 79,978 |
| Retained profit | € 14,075 | € 52,594 | € 103,998 | ▲ 98% |
| Bank debt | € 0 | € 0 | € 20,000 | |
| Balance sheet total | € 24,548 | € 91,024 | € 198,952 | ▲ 119% |
Key figures of Masterworkx, fiscal years 2023 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 Masterworkx?
What happened at Masterworkx in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,404 (▲ 33% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 14,075 profit in 2023 to € 51,404 profit in 2025.
Paid € 27,949 in corporate taxes since 2023.
Best year ever: 2025, with € 51,404 profit.
Management
Behind Masterworkx is Aster De Valck.
Directors
According to the 2025 annual accounts
Aster De Valck
Director
Establishments
Establishment units
Physical locations of this company
Jan-Baptist Boterdaelestraat 3 box ///1
9000 Gent
Jan-Baptist Boterdaelestraat 3 box 1
9000 Gent
Active since 21 September 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DE VALCK Aster Anita(oprichter) 100%
Details
- Company number
- 1000.124.240
- VAT number
- BE 1000.124.240
- Registered office
- Jan-Baptist Boterdaelestraat 3 bus ///1, 9000 Gent
- Names & denominations
- Masterworkx
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Creatie van beeldende kunsten
Ondersteunende activiteiten voor scheppende kunsten
Ontwerpen van textielpatronen, kleding, juwelen, meubels en decoratieartikelen
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels