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 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MAISTER from Brugge, company number BE1003890612, closed financial year 2025 with a result of € -793,403 after tax. For that financial year MAISTER recorded a gross margin of € -270,110 and equity of € -476,577. Compared with financial year 2024, the result moved from € -101,086 to € -793,403. 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 July 13, 2026.
€ -476,577
▼ € 793,403 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -793,403
▼ 685 % more loss than in 2024
Profit after tax over the fiscal year.
€ 19,601
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -479,358.
People and assets in 2025
6.3
▼ 4.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 395,187
▲ 35% vs 2024
€ 62,700 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.
€ 92,509
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 888,144
▲ 38% vs 2024
€ 13,222 is repaid this year. At this pace the long-term loan is gone in ≈ 29 years.
€ 149,916
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,130
▼ 87% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 764,479 | € 241,145 | € -270,110 | ▼ € 511,255 |
| Profit after taxes | € 29,593 | € -101,086 | € -793,403 | ▼ € 692,317 |
| Equity | € 417,912 | € 316,826 | € -476,577 | ▼ € 793,403 |
| Total debts | € 704,968 | € 1,098,876 | € 1,154,058 | ▲ 5% |
| Cash | € 63,324 | € 283,867 | € 19,601 | ▼ 93% |
| Land & buildings | € 37,178 | € 34,273 | € 28,463 | ▼ 17% |
| Retained profit | € 415,132 | € 314,045 | € -479,358 | ▼ € 793,403 |
| Bank debt | € 163,000 | € 643,846 | € 888,144 | ▲ 38% |
| Balance sheet total | € 1,122,881 | € 1,415,702 | € 677,480 | ▼ 52% |
| Employees (FTE) | 10 | 10.9 | 6.3 | ▼ 4.6 |
Key figures of MAISTER, fiscal years 2024 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 MAISTER?
What happened at MAISTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 793,403. Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,593 profit in 2024 to € 793,403 loss in 2025.
Paid € 22,340 in corporate taxes since 2024.
Best year ever: 2024, with € 29,593 profit.
On average € 22,100 of value added per employee in 2024.
Management
The stake of Paraplu comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAISTERBehind MAISTER is Paraplu BV. The shares are held by Paraplu (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
Krakeleweg 39 box 1
8000 Brugge
Brabantdam 160
9000 Gent
Active since 26 December 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →VICHIUNAI EUROPE
€ 62.4 million revenue · 2025
ARCHITECTEN GROEP III
€ 487,075 gross margin · 2025
Kurtt
BLACKBOXX
€ 395,504 gross margin · 2025
ELEVENS same network
€ 341,241 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1003.890.612
- VAT number
- BE 1003.890.612
- Registered office
- Krakeleweg 39 bus 1, 8000 Brugge
- Names & denominations
- MAISTER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 2023
- Peppol
- Active · Active since 21 Oct 2026
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