ACTIVE

M.A.S.

Financial year 2025 · Closed on 30/06/2025

Net result-1,6 k €+46,1 %over 1 year
Gross margin337 k €-38,7 %over 1 year
Equity1,3 M €-0,1 %over 1 year

Identity

Source · BCE/KBO

M.A.S. is a Private limited company incorporated in 1981. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.526.267
Incorporation
01/05/1981
Legal form
Private limited company
Registered office
Kortrijksesteenweg 1190
9051 Gent · FlandreSee on map
Contributed capital
894 793,98 €
Latest accounts
30/06/2025
Joint committees (2)
  • 100
  • 200
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202220212020
Income statement
Gross margin337 k €549,9 k €276,7 k €275 k €158,2 k €
EBITDA144,5 k €196,9 k €93,8 k €245 k €147,6 k €
Operating result34,3 k €6,1 k €520,4 €148 k €79,4 k €
Net result-1,6 k €-2,9 k €-3,2 k €50,2 k €98 k €
Balance sheet
Equity1,3 M €1,3 M €1 M €1 M €989 k €
Total assets2,2 M €2,2 M €1,9 M €1,9 M €2 M €
Cash129,9 k €87,6 k €99,6 k €164,2 k €143 k €
Debts927,6 k €939,2 k €852,6 k €891,9 k €930,4 k €
Other
Workforce–2,0 ETP2,0 ETP2,0 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Stefaan Haspeslagh
DirectorManager2021 accountsendedMandate2022 accountsended

Other companies at this address

Kortrijksesteenweg 1190 9051 Gent
CompanyCBE no.
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1031.281.630
Demildreef● Active
1031.836.411
D.L.A.● Active
0430.022.774
DURATEX EUROPE● Active
0461.859.065
FINDAR● Active
0473.751.067
HASJO● Active
0784.556.883
HASKEI● Active
1019.379.037
HASPIE● Active
0438.669.731
KEI● Active
1010.991.408
LAND VAN GAVERE● Active
1034.569.732
SONICO● Active
1024.087.495
1009.937.472

Full financial information

Source · NBB
202520242022202120202019
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/10/202201/10/202101/10/202001/10/201901/10/2018
Closing of the financial year30/06/202530/06/202430/09/202230/09/202130/09/202030/09/2019
Length of the financial year12 months21 months12 months12 months12 months12 months
Filing date26/12/202504/09/202418/03/202324/03/202229/04/202131/03/2020
General meeting05/12/202514/08/202415/02/202315/02/202215/02/202114/02/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202505/12/202526/12/2025DutchPDF
Abridged model30/06/202414/08/202404/09/2024DutchPDF
Abridged model30/09/202215/02/202318/03/2023DutchPDF
Abridged model30/09/202115/02/202224/03/2022DutchPDF
Abridged model30/09/202015/02/202129/04/2021DutchPDF
Abridged model30/09/201914/02/202031/03/2020DutchPDF
Abridged model30/09/201815/02/201919/04/2019DutchPDF
Abridged model30/09/201715/02/201826/03/2018DutchPDF
Abridged model30/09/201615/03/201728/03/2017DutchPDF
Abridged model30/09/201515/03/201631/03/2016DutchPDF
Abridged model30/09/201415/03/201529/03/2015DutchPDF
Abridged model30/09/201315/03/201402/04/2014DutchPDF
Abridged model30/09/201221/03/201324/04/2013DutchPDF
Abridged model30/09/201115/03/201220/04/2012DutchPDF
Abridged model30/09/201001/03/201112/05/2011DutchPDF
Abridged model30/09/200905/03/201030/03/2010DutchPDF
Abridged model30/09/200815/03/200928/04/2009DutchPDF
Abridged model30/09/200704/03/200806/05/2008DutchPDF
Abridged model30/09/200606/03/200723/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/06/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Stefaan Haspeslagh
DirectorManager2021 accountsendedMandate2022 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring19/09/2023
    ONTSLAGEN - BENOEMINGEN - BOEKJAAR - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring07/07/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares14/10/2014
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares02/01/2004
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Stefaan Haspeslagh
1981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
M.A.S.
Kortrijksesteenweg 1190, 9051 Sint-Denijs-Westrem
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kortrijksesteenweg 1190, 9051 Sint-Denijs-WestremCurrent
accounts 2022 → 2025
Accounts 2025 · 2025-00591812

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
M.A.S.Current
accounts 2022 → 2025
Accounts 2025 · 2025-00591812

Events

  1. 2025
    Annual accounts 2025-1,6 k €↑
  2. 2024
    Annual accounts 2024-2,9 k €↑
  3. 2022
    Annual accounts 2022-3,2 k €↓
  4. 2021
    Annual accounts 202150,2 k €↓
  5. 2020
    Annual accounts 202098 k €↑
  6. 2019
    Annual accounts 201992,3 k €↑
  7. 2018
    Annual accounts 2018-50,3 k €↓
  8. 2017
    Annual accounts 2017-1,2 k €↓
  9. 2016
    Annual accounts 201610,2 k €↓
  10. 2015
    Annual accounts 201529,4 k €↑
  11. 2014
    Annual accounts 201414,4 k €↓
  12. 2013
    Annual accounts 201320,6 k €↓
  13. 2012
    Annual accounts 2012107 k €↑
  14. 2011
    Annual accounts 201132,4 k €↑
  15. 2010
    Annual accounts 201013,3 k €↓
  16. 2009
    Annual accounts 200959,6 k €↑
  17. 2008
    Annual accounts 200836,9 k €↓
  18. 2007
    Annual accounts 200764,5 k €
  19. 01/05/1981
    IncorporationPrivate limited company