Mas
0423.905.638 · rovalta.com · 22/09/2026
ACTIVE
Mas
Financial year 2025 · closed on 30/09/2025
Net result
1,6 k €
+140.1% YoY
Gross margin
171,3 k €
+0.1% YoY
Equity
477,7 k €
+0.3% YoY
Workforce
2,4 ETP
+14.3% YoY
Overview
What does Mas do?
Mas is a Private limited company incorporated in 1983. Its main activity is: Retail sale of textiles in specialised stores. Its registered office is in Sint-Truiden. It employs on average 2,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0423.905.638
Incorporation
28/03/1983
Legal form
Private limited company
Registered office
Dekkenstraat 15
3800 Sint-Truiden · FlandreSee on map
3800 Sint-Truiden · FlandreSee on map
Contributed capital
51 605,00 €
Latest accounts
30/09/2025
Average workforce
2,4 ETP
Activities (NACE)
47512Retail sale of textiles in specialised stores· main47512Retail sale of textiles in specialised stores47526Retail sale of hardware, paints and glass in specialised stores47526Retail sale of hardware, paints and glass in specialised stores52410Warehousing and support activities for transportation
Joint committees (4)
- 124
- 200
- 201
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 171,3 k € | +0.1% | 171,2 k € | -9.3% | 188,7 k € | -40.0% | 314,8 k € | -8.2% | 342,8 k € | +20.6% | 284,2 k € | +5.1% | 270,5 k € | +21.6% | 222,5 k € | -34.8% | 341,1 k € | -9.5% | 376,8 k € | -0.2% | 377,7 k € | -2.9% | 388,9 k € | +2.1% | 380,8 k € | -5.6% | 403,3 k € | +5.6% | 381,8 k € | +24.2% | 307,5 k € | +834% | 32,9 k € | -25.7% | 44,3 k € | -13.5% | 51,2 k € |
| EBITDA | 59,2 k € | +28.8% | 46 k € | -3.8% | 47,8 k € | -53.5% | 102,7 k € | -2.9% | 105,8 k € | +39.3% | 76 k € | +25.6% | 60,5 k € | -12.6% | 69,2 k € | -21.9% | 88,6 k € | +82.3% | 48,6 k € | -15.9% | 57,8 k € | +28.1% | 45,1 k € | -41.3% | 76,8 k € | +17.0% | 65,7 k € | -30.5% | 94,5 k € | +44.5% | 65,4 k € | +686% | 8,3 k € | -48.9% | 16,3 k € | +20.8% | 13,5 k € |
| Operating result | 8,5 k € | +213% | 2,7 k € | -52.7% | 5,8 k € | -91.8% | 70,3 k € | -19.6% | 87,4 k € | +103% | 43,1 k € | +31.4% | 32,8 k € | -1.7% | 33,4 k € | -24.5% | 44,2 k € | +46.6% | 30,1 k € | -5.4% | 31,9 k € | -10.0% | 35,4 k € | -7.7% | 38,3 k € | -14.8% | 45 k € | -32.4% | 66,6 k € | +56.5% | 42,5 k € | +1605% | 2,5 k € | -76.0% | 10,4 k € | +21.1% | 8,6 k € |
| Net result | 1,6 k € | +140% | -4 k € | -334% | -927,8 € | -102% | 47,3 k € | -22.8% | 61,3 k € | +110% | 29,3 k € | +59.3% | 18,4 k € | +4.0% | 17,7 k € | -29.3% | 25 k € | +122% | 11,3 k € | -41.6% | 19,3 k € | -24.0% | 25,4 k € | -4.2% | 26,5 k € | -11.0% | 29,8 k € | -36.1% | 46,6 k € | +69.1% | 27,6 k € | +905% | 2,7 k € | -62.2% | 7,3 k € | +14.8% | 6,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 477,7 k € | +0.3% | 476,1 k € | -0.8% | 480,1 k € | -0.2% | 481,1 k € | +10.9% | 433,7 k € | +16.5% | 372,4 k € | +8.5% | 343,1 k € | +5.7% | 324,8 k € | +5.8% | 307,1 k € | +8.9% | 282,1 k € | +4.2% | 270,8 k € | +7.7% | 251,5 k € | +11.2% | 226,1 k € | +13.3% | 199,6 k € | +17.5% | 169,8 k € | +37.9% | 123,1 k € | +92.5% | 64 k € | +4.5% | 61,2 k € | +13.5% | 53,9 k € |
| Total assets | 623,3 k € | -6.9% | 669,3 k € | -2.9% | 689,2 k € | -6.1% | 734 k € | +5.8% | 694 k € | +6.9% | 649 k € | +7.4% | 604,3 k € | -2.6% | 620,4 k € | +2.3% | 606,3 k € | +10.6% | 548,2 k € | -7.4% | 591,9 k € | +64.2% | 360,5 k € | -1.0% | 364,3 k € | +11.3% | 327,4 k € | -2.1% | 334,5 k € | +9.2% | 306,2 k € | +301% | 76,3 k € | +7.7% | 70,8 k € | -16.4% | 84,7 k € |
| Cash | 228,7 k € | +13.2% | 202 k € | -11.7% | 228,8 k € | -19.2% | 283,1 k € | -15.1% | 333,5 k € | +20.9% | 276 k € | +9.3% | 252,4 k € | +0.1% | 252,3 k € | +12.1% | 225 k € | +32.0% | 170,4 k € | -11.8% | 193,2 k € | +1.7% | 190 k € | -8.6% | 208 k € | +27.4% | 163,3 k € | +7.1% | 152,4 k € | +44.1% | 105,8 k € | +142% | 43,7 k € | +14.6% | 38,1 k € | +207% | 12,4 k € |
| Debts | 129,7 k € | -26.5% | 176,6 k € | -4.9% | 185,6 k € | -18.3% | 227,2 k € | -3.4% | 235,1 k € | -8.1% | 255,7 k € | +6.8% | 239,5 k € | -12.0% | 272 k € | -1.3% | 275,6 k € | +12.4% | 245,2 k € | -18.3% | 300,2 k € | +241% | 88,1 k € | -24.9% | 117,3 k € | -8.2% | 127,8 k € | -22.4% | 164,7 k € | -10.0% | 183,1 k € | +1388% | 12,3 k € | +28.7% | 9,6 k € | -68.9% | 30,7 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 2,4 ETP | +14.3% | 2,1 ETP | 0.0% | 2,1 ETP | -47.5% | 4,0 ETP | -14.9% | 4,7 ETP | -13.0% | 5,4 ETP | +3.8% | 5,2 ETP | +33.3% | 3,9 ETP | -26.4% | 5,3 ETP | -27.4% | 7,3 ETP | +1.4% | 7,2 ETP | -2.7% | 7,4 ETP | +5.7% | 7,0 ETP | -7.9% | 7,6 ETP | +11.8% | 6,8 ETP | -5.6% | 7,2 ETP | +620% | 1,0 ETP | 0.0% | 1,0 ETP | -23.1% | 1,3 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 1 active · 4 ended
Active mandates
JOHAN MAS
ActiveEnded mandates
JOHAN MAS
EndedJOHAN MAS
EndedJOZEF MAS
EndedJOZEF MAS
EndedFinancials
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 | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/03/2026 | 25/03/2025 | 26/03/2024 | 05/04/2023 | 26/04/2022 | 15/03/2021 |
| General meeting | 06/03/2026 | 07/03/2025 | 01/03/2024 | 30/03/2023 | 30/03/2022 | 05/03/2021 |
| 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 | 30/09/2025 | 06/03/2026 | 30/03/2026 | Dutch | |
| Abridged model | 30/09/2024 | 07/03/2025 | 25/03/2025 | Dutch | |
| Abridged model | 30/09/2023 | 01/03/2024 | 26/03/2024 | Dutch | |
| Abridged model | 30/09/2022 | 30/03/2023 | 05/04/2023 | Dutch | |
| Abridged model | 30/09/2021 | 30/03/2022 | 26/04/2022 | Dutch | |
| Abridged model | 30/09/2020 | 05/03/2021 | 15/03/2021 | Dutch | |
| Abridged model | 30/09/2019 | 06/03/2020 | 02/04/2020 | Dutch | |
| Abridged model | 30/09/2018 | 01/03/2019 | 25/03/2019 | Dutch | |
| Abridged model | 30/09/2017 | 02/03/2018 | 28/03/2018 | Dutch | |
| Abridged model | 30/09/2016 | 03/03/2017 | 30/03/2017 | Dutch | |
| Abridged model | 30/09/2015 | 04/03/2016 | 31/03/2016 | Dutch | |
| Abridged model | 30/09/2014 | 06/03/2015 | 30/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 11/04/2014 | 30/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 22/03/2013 | 15/04/2013 | Dutch | |
| Abridged model | 30/09/2011 | 02/03/2012 | 27/03/2012 | Dutch | |
| Abridged model | 30/09/2010 | 04/03/2011 | 17/03/2011 | Dutch | |
| Abridged model | 30/09/2009 | 05/03/2010 | 24/03/2010 | Dutch | |
| Abridged model | 30/09/2008 | 06/03/2009 | 27/03/2009 | Dutch | |
| Abridged model | 30/09/2007 | 07/03/2008 | 26/03/2008 | Dutch | |
| Abridged model | 30/09/2006 | 02/03/2007 | 13/03/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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 30/09/2025 · 1 active · 4 ended
Active mandates
JOHAN MAS
ActiveEnded mandates
JOHAN MAS
EndedJOHAN MAS
EndedJOZEF MAS
EndedJOZEF MAS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
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 20251,6 k €↑
- 2024Annual accounts 2024-4 k €↓
- 2023Annual accounts 2023-927,8 €↓
- 2022Annual accounts 202247,3 k €↓
- 2021Annual accounts 202161,3 k €↑
- 2020Annual accounts 202029,3 k €↑
- 2019Annual accounts 201918,4 k €↑
- 2018Annual accounts 201817,7 k €↓
- 2017Annual accounts 201725 k €↑
- 2016Annual accounts 201611,3 k €↓
- 2015Annual accounts 201519,3 k €↓
- 2014Annual accounts 201425,4 k €↓
- 2013Annual accounts 201326,5 k €↓
- 2012Annual accounts 201229,8 k €↓
- 2011Annual accounts 201146,6 k €↑
- 2010Annual accounts 201027,6 k €↑
- 2009Annual accounts 20092,7 k €↓
- 2008Annual accounts 20087,3 k €↑
- 2007Annual accounts 20076,3 k €
- 28/03/1983IncorporationPrivate limited company