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 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Master Cooking from Courcelles, company number BE1021203033, closed financial year 2025 with a result of € -136,297 after tax. For that financial year Master Cooking recorded a gross margin of € 190,149 and equity of € -131,297. 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 September 29, 2026.
€ -131,297
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -136,297
Profit after tax over the fiscal year.
€ 51,315
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -136,297.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 303,219
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,851
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,916
€ 3,946 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 50,504
Supplier invoices still open on the last day of the fiscal year.
€ 155,302
Taxes, VAT and social contributions still to pay.
What happened to Master Cooking?
What happened at Master Cooking in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 136,297. filed late Source: NBB ↗
- New establishment in Namur. KBO
- Alain Sérusier became a director. NBB
- Start of the company according to the CBE. KBO
In short
Paid € 108 in corporate taxes since 2025.
Management
Behind Master Cooking is Alain Sérusier. Alain Sérusier is also behind Bull & bear coaching.
Directors
According to the 2025 annual accounts
since 2025
Establishments
Establishment units
Physical locations of this company
Rue de Piéton(TR) 4B
6183 Courcelles
Chaussée de Dinant(WP) 1137
5100 Namur
Active since 1 April 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1021.203.033
- VAT number
- BE 1021.203.033
- Registered office
- Rue de Piéton(TR) 4B, 6183 Courcelles
- Names & denominations
- Master Cooking
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2025
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Catering van evenementen