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 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.
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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
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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 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