Financials
Financial year 2025
MASTA from Leuven, company number BE1017821790, closed financial year 2025 with a result of € -10,017 after tax. For that financial year MASTA recorded a gross margin of € -5,815 and equity of € 15,498. Compared with financial year 2024, the result moved from € 1,515 to € -10,017. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 15,498
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,017
▼ still € 1,515 profit in 2024
Profit after tax over the fiscal year.
€ 7,557
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8,502.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 217
Supplier invoices still open on the last day of the fiscal year.
€ 1,432
▼ 91% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 1,896 | € -5,815 | ▼ € 7,711 |
| Profit after taxes | € 1,515 | € -10,017 | ▼ € 11,532 |
| Equity | € 25,515 | € 15,498 | ▼ 39% |
| Total debts | € 16,379 | € 3,184 | ▼ 81% |
| Cash | € 39,979 | € 7,557 | ▼ 81% |
| Retained profit | € 1,515 | € -8,502 | ▼ € 10,017 |
| Balance sheet total | € 41,894 | € 18,682 | ▼ 55% |
Key figures of MASTA, 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 MASTA?
What happened at MASTA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,017 (▼ € 11,532 vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,515 profit in 2024 to € 10,017 loss in 2025.
Paid € 379 in corporate taxes since 2024.
Best year ever: 2024, with € 1,515 profit.
A new publication or filing at MASTA? 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
Behind MASTA are Stan Mortelmans, Marie Mortelmans and Geert Mortelmans. Geert Mortelmans is also behind Koninklijke Lyra-Lierse, WITMO, Greenfuture and LYCOPERSICON.
Directors
According to the 2025 annual accounts
Stan Mortelmans
Director
Marie Mortelmans
Director
Establishments
Establishment units
Physical locations of this company
Mechelsestraat 108 box 302
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 1017.821.790
- VAT number
- BE 1017.821.790
- Registered office
- Mechelsestraat 108 bus 302, 3000 Leuven
- Names & denominations
- MASTA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2024
- Peppol
- Active · Active since 15 Jan 2025
- Activities · NACE
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