MASTERLOG
0405.886.305 · rovalta.com · 21/09/2026
ACTIVE
MASTERLOG
Financial year 2025 · closed on 31/12/2025
Net result
67,2 k €
+198.6% YoY
Gross margin
67,1 k €
+193.4% YoY
Equity
101,9 k €
+193.6% YoY
Overview
What does MASTERLOG do?
MASTERLOG is a Private limited company incorporated in 1955. Its main activity is: Retail sale in non-specialised stores. Its registered office is in Hove.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0405.886.305
Incorporation
23/12/1955
Legal form
Private limited company
Registered office
Veldkantvoetweg 98
2540 Hove · FlandreSee on map
2540 Hove · FlandreSee on map
Contributed capital
106 287,58 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (3)
- 100
- 140
- 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 67,1 k € | +193% | -71,8 k € | -276% | 40,8 k € | +1807% | 2,1 k € | +185% | -2,5 k € | -807% | 357,3 € | -3.9% | 371,7 € | -18.0% | 453,0 € | +101% | -55,5 k € | -152% | 106,7 k € | +145% | 43,5 k € | +4661% | -954,7 € | +78.1% | -4,4 k € | -315% | -1,0 k € | -100% | 354,6 k € | +445% | 65,1 k € | -93.5% | 1,0 M € | – | – | ||
| EBITDA | 66,6 k € | +192% | -72,6 k € | -305% | 35,4 k € | +1875% | 1,8 k € | +161% | -2,9 k € | -30154% | 9,8 € | -59.4% | 24,2 € | -57.6% | 57,1 € | +100% | -55,9 k € | -153% | 106,3 k € | +152% | 42,2 k € | +3217% | -1,4 k € | +69.3% | -4,4 k € | +91.9% | -54,6 k € | -171% | 76,4 k € | +111% | -707,2 k € | -454% | 199,6 k € | +55.3% | 128,5 k € | -56.8% | 297,7 k € |
| Operating result | 66,6 k € | +192% | -72,6 k € | -305% | 35,4 k € | +1875% | 1,8 k € | +161% | -2,9 k € | -30154% | 9,8 € | -59.4% | 24,2 € | +100% | -5,4 k € | +91.6% | -64,4 k € | -166% | 97,8 k € | +195% | 33,2 k € | +356% | -12,9 k € | +47.5% | -24,7 k € | +68.1% | -77,3 k € | -174% | -28,2 k € | +96.2% | -745,3 k € | -15993% | -4,6 k € | +95.0% | -92,9 k € | -223% | 75,7 k € |
| Net result | 67,2 k € | +199% | -68,2 k € | -287% | 36,4 k € | +796% | 4,1 k € | +357% | 888,6 € | +907% | -110,1 € | -30.4% | -84,5 € | +98.1% | -4,5 k € | +93.1% | -64,5 k € | -166% | 97,6 k € | +196% | 33,0 k € | +352% | -13,1 k € | +45.2% | -23,9 k € | +69.2% | -77,5 k € | -2078% | -3,6 k € | -103% | 134,1 k € | +487% | -34,7 k € | +73.1% | -128,8 k € | -1326% | 10,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 101,9 k € | +194% | 34,7 k € | -66.3% | 102,9 k € | +54.8% | 66,5 k € | +6.5% | 62,4 k € | +1.4% | 61,5 k € | -0.2% | 61,6 k € | -0.1% | 61,7 k € | -6.8% | 66,2 k € | -49.3% | 130,7 k € | +295% | 33,1 k € | +59415% | 55,6 € | -99.6% | 13,2 k € | -64.5% | 37,1 k € | -67.7% | 114,6 k € | -3.0% | 118,1 k € | -50.3% | 237,9 k € | -20.9% | 300,8 k € | -36.7% | 475,3 k € |
| Total assets | 102,7 k € | -29.1% | 144,9 k € | -47.0% | 273,4 k € | +130% | 119,0 k € | +11.6% | 106,6 k € | -12.9% | 122,3 k € | -14.5% | 143,2 k € | +60.0% | 89,5 k € | -6.5% | 95,7 k € | -32.0% | 140,7 k € | +112% | 66,4 k € | +40.5% | 47,3 k € | +2.1% | 46,3 k € | -34.0% | 70,1 k € | -66.8% | 211,0 k € | -66.0% | 620,0 k € | -69.7% | 2,0 M € | -2.0% | 2,1 M € | -24.2% | 2,8 M € |
| Cash | 14,9 k € | -86.5% | 110,4 k € | +30.2% | 84,8 k € | +11.3% | 76,2 k € | +422% | 14,6 k € | -48.1% | 28,1 k € | -65.0% | 80,4 k € | +91.9% | 41,9 k € | -40.1% | 70,0 k € | -41.2% | 119,1 k € | +208% | 38,7 k € | +493% | 6,5 k € | -59.1% | 15,9 k € | +50.8% | 10,6 k € | -87.6% | 85,3 k € | -74.3% | 332,4 k € | +20935% | 1,6 k € | -35.1% | 2,4 k € | -90.0% | 24,5 k € |
| Debts | 746,0 € | -99.3% | 110,2 k € | -35.4% | 170,5 k € | +225% | 52,5 k € | +18.9% | 44,2 k € | -27.3% | 60,8 k € | -25.4% | 81,5 k € | +194% | 27,7 k € | -5.9% | 29,5 k € | +195% | 10,0 k € | -70.0% | 33,3 k € | -29.4% | 47,2 k € | +42.5% | 33,1 k € | +0.2% | 33,0 k € | -65.7% | 96,4 k € | -78.1% | 439,9 k € | -73.7% | 1,7 M € | +2.2% | 1,6 M € | -21.7% | 2,1 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 8,2 ETP | -64.7% | 23,2 ETP | -13.4% | 26,8 ETP | -4.3% | 28,0 ETP | -15.7% | 33,2 ETP | ||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 15 ended
Active mandates
Axel Massart
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
A LA CARTE● Active | 1029.713.002 |
AXMAN● Active | 0886.654.333 |
BTW-EENHEID DEURNE-MASSIM● Active | 0830.991.476 |
MASINVEST● Active | 0442.810.740 |
MASSIMMO● Active | 0437.943.023 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 19/07/2026 | 28/08/2025 | 31/07/2024 | 23/07/2023 | 03/06/2022 | 13/07/2021 |
| General meeting | 04/06/2026 | 05/06/2025 | 06/06/2024 | 01/06/2023 | 02/06/2022 | 03/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 04/06/2026 | 19/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 05/06/2025 | 28/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 06/06/2024 | 31/07/2024 | French | |
| Abridged model | 31/12/2022 | 01/06/2023 | 23/07/2023 | French | |
| Abridged model | 31/12/2021 | 02/06/2022 | 03/06/2022 | French | |
| Abridged model | 31/12/2020 | 03/06/2021 | 13/07/2021 | French | |
| Abridged model | 31/12/2019 | 04/06/2020 | 24/07/2020 | French | |
| Abridged model | 31/12/2018 | 06/06/2019 | 07/06/2019 | French | |
| Abridged model | 31/12/2017 | 07/06/2018 | 09/07/2018 | French | |
| Abridged model | 31/12/2016 | 02/06/2017 | 31/07/2017 | French | |
| Abridged model | 31/12/2015 | 03/06/2016 | 14/07/2016 | French | |
| Abridged model | 31/12/2014 | 05/06/2015 | 30/07/2015 | French | |
| Abridged model | 31/12/2013 | 05/06/2014 | 31/07/2014 | French | |
| Abridged model | 31/12/2012 | 06/06/2013 | 30/08/2013 | French | |
| Abridged model | 31/12/2011 | 07/06/2012 | 31/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 02/06/2011 | 29/07/2011 | French | |
| Abridged model | 31/12/2009 | 03/06/2010 | 26/08/2010 | French | |
| Full model | 31/12/2008 | 04/06/2009 | 30/06/2009 | French | |
| Full model | 31/12/2007 | 05/06/2008 | 29/08/2008 | French | |
| Full model | 31/12/2006 | 01/06/2007 | 30/07/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 15 ended
Active mandates
Axel Massart
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other09/05/2025DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Registered office17/04/2025SIEGE SOCIAL
- Mandates15/06/2021STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
- Mandates17/01/2012DEMISSIONS, NOMINATIONS
- Mandates13/01/2012OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
- Court decision09/09/2011RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
- Court decision16/05/2011RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
- Mandates23/11/2009DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202567,2 k €↑
- 2024Annual accounts 2024-68,2 k €↓
- 2023Annual accounts 202336,4 k €↑
- 2022Annual accounts 20224,1 k €↑
- 2021Annual accounts 2021888,6 €↑
- 2020Annual accounts 2020-110,1 €↓
- 2019Annual accounts 2019-84,5 €↑
- 2018Annual accounts 2018-4,5 k €↑
- 2017Annual accounts 2017-64,5 k €↓
- 2016Annual accounts 201697,6 k €↑
- 2015Annual accounts 201533,0 k €↑
- 2014Annual accounts 2014-13,1 k €↑
- 2013Annual accounts 2013-23,9 k €↑
- 2012Annual accounts 2012-77,5 k €↓
- 2011Annual accounts 2011-3,6 k €↓
- 2010Annual accounts 2010134,1 k €↑
- 2009Annual accounts 2009-34,7 k €↑
- 2008Annual accounts 2008-128,8 k €↓
- 2006Annual accounts 200610,5 k €
- 23/12/1955IncorporationPrivate limited company