Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 1 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Masters of Madness from Vilvoorde, company number BE1017059252, closed financial year 2025 with a result of € -901,058 after tax. For that financial year Masters of Madness recorded a gross margin of € -897,459 and equity of € -276,058. 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 6, 2026.
€ -276,058
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -901,058
Profit after tax over the fiscal year.
€ 417,354
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -901,058.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 721,163
Supplier invoices still open on the last day of the fiscal year.
What happened to Masters of Madness?
What happened at Masters of Madness in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 901,058. Source: NBB ↗
- New establishment in Vilvoorde. KBO
- Kenny Henderyckx became a director. NBB
- Sam Kerkhofs became a director. NBB
- Tomas Van Den Spiegel became a director. NBB
- Erik Watté became a director. NBB
- Start of the company according to the CBE. KBO
Management
The stake of WOESTIJNVIS, SportHouse Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Masters of MadnessBehind Masters of Madness are Kenny Henderyckx , Sam Kerkhofs, Tomas Van Den Spiegel and Erik Watté. The shares are held by WOESTIJNVIS (80%) and SportHouse Group (20%).
Directors
According to the 2025 annual accounts
since 2024
since 2024
Tomas Van Den Spiegel
Director
Also active at: Centrum Ronde van Vlaanderen VZW, DE SPOR, Deklat Binnen, SportHouse Group, We Ride, GRIP SPORTS CONSULTANCY, ORGANISATIE GENT-WEVELGEM
since 2024
since 2024
Shareholders
80%
20%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Harensesteenweg 228
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →DECOR-OYENBRUG
€ 5,251 gross margin · 2025
WOESTIJNVIS same network
€ 49.2 million revenue · 2025
MaRo
€ 5,849 gross margin · 2025
vereniging van mede-eigenaars residentie "Magneet", Harensesteenweg 228-232, 1800 Vilvoorde
EK LIMBURG 2024
€ 24,757 gross margin · 2024
+6 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
- 1017.059.252
- VAT number
- BE 1017.059.252
- Registered office
- Harensesteenweg 228, 1800 Vilvoorde
- Names & denominations
- Masters of Madness
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2024
- Peppol
- Active · Active since 22 Sept 2025
- Activities · NACE
Overige sportactiviteiten, neg
Organisatie van congressen en beurzen
Exploitatie van sportaccommodaties
Overige zakelijke dienstverlening, neg