ACTIVE

MST ESTATE

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Financial year 2025 · Closed on 30/09/2025

Net result-19,5 k €-361,7 %over 1 year
Gross margin250,8 k €-4,6 %over 1 year
Equity1,6 M €-1,2 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

MST ESTATE is a Public limited company incorporated in 1988. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Sint-Martens-Latem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0434.244.056
Incorporation
11/05/1988
Legal form
Public limited company
Registered office
Pontstraat 39
9831 Sint-Martens-Latem · FlandreSee on map
Contributed capital
1 030 420,16 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Joint committees (3)
  • 10602
  • 200
  • 218
Signals
Solid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin250,8 k €263 k €203,9 k €-51,2 k €12,4 k €
EBITDA245,9 k €257,1 k €196,9 k €-56 k €-2 k €
Operating result14,9 k €41,1 k €-55,2 k €-296,6 k €-163,4 k €
Net result-19,5 k €7,5 k €-101,3 k €-300,7 k €-148,6 k €
Balance sheet
Equity1,6 M €1,6 M €1,6 M €1,7 M €2 M €
Total assets3,9 M €4,1 M €3,9 M €4,7 M €3 M €
Cash43,1 k €57,2 k €15,2 k €81,6 k €39,8 k €
Debts2,3 M €2,5 M €2,2 M €3 M €1 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 16 ended

Active mandates

Marie-France Stadsbader

Managing director · since 29 mai 2023 · until 26 mars 2027

Active
Dimitri Vermeersch

Managing director · since 01 septembre 2022 · until 26 mars 2027

Active

Ended mandates

Dimitri Vermeersch

Managing director · since 01 septembre 2022 · until 17 décembre 2027

Ended
DIMVER

Managing director · since 01 janvier 2021 · until 01 septembre 2022 · 0466.570.097

Represented by Dimitri Vermeersch

Ended
DIMVER

Managing director · since 01 janvier 2021 · until 01 septembre 2022 · 0466.570.097

Represented by Dimitri VERMEERSCH

Ended
Francoise Tanghe

Managing director · since 29 mai 2017 · until 31 décembre 2021

Ended

Other companies at this address

Pontstraat 39 9831 Sint-Martens-Latem
CompanyCBE no.
DIMVER● Active
0466.570.097
FLANDERS HOTEL HOLDING● Active
0438.501.366
GHENTIMMO● Liquidation
0636.876.957
Groep MST● Active
0793.371.809
JGJ INVEST● Active
0839.283.986
Leiezicht● Active
0656.880.832
Marie Stadsbader● Active
0430.156.101
MartinArt● Active
0725.592.959
SDE INVEST● Active
0890.422.188
SEA PORT RESIDENTIES● Active
0882.526.289
Stichting administratiekantoor PADIVER● Active
1000.359.614
VERDI● Active
1001.403.749
VIMAVI● Active
0839.286.857

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/09/202530/09/202430/09/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date24/04/202607/04/202511/04/202420/12/202223/12/202129/01/2021
General meeting27/03/202628/03/202529/03/202416/12/202217/12/202118/12/2020
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
Abridged model30/09/202527/03/202624/04/2026DutchPDF
Abridged model30/09/202428/03/202507/04/2025DutchPDF
Abridged model30/09/202329/03/202411/04/2024DutchPDF
Abridged model30/06/202216/12/202220/12/2022DutchPDF
Abridged model30/06/202117/12/202123/12/2021DutchPDF
Abridged model30/06/202018/12/202029/01/2021DutchPDF
Abridged model30/06/201920/12/201917/01/2020DutchPDF
Abridged model30/06/201821/12/201822/01/2019DutchPDF
Abridged model30/06/201715/12/201717/01/2018DutchPDF
Abridged model30/06/201616/12/201616/01/2017DutchPDF
Abridged model30/06/201518/12/201515/01/2016DutchPDF
Abridged model30/06/201419/12/201416/01/2015DutchPDF
Abridged model30/06/201320/12/201323/01/2014DutchPDF
Abridged model30/06/201221/12/201215/01/2013DutchPDF
Abridged model31/12/201017/06/201115/07/2011DutchPDF
Abridged model31/12/200918/06/201020/07/2010DutchPDF
Abridged model31/12/200819/06/200930/07/2009DutchPDF
Abridged model31/12/200720/06/200824/07/2008DutchPDF
Full model31/12/200615/06/200727/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 30/09/2025

2 active · 16 ended

Active mandates

Marie-France Stadsbader

Managing director · since 29 mai 2023 · until 26 mars 2027

Active
Dimitri Vermeersch

Managing director · since 01 septembre 2022 · until 26 mars 2027

Active

Ended mandates

Dimitri Vermeersch

Managing director · since 01 septembre 2022 · until 17 décembre 2027

Ended
DIMVER

Managing director · since 01 janvier 2021 · until 01 septembre 2022 · 0466.570.097

Represented by Dimitri Vermeersch

Ended
DIMVER

Managing director · since 01 janvier 2021 · until 01 septembre 2022 · 0466.570.097

Represented by Dimitri VERMEERSCH

Ended
Francoise Tanghe

Managing director · since 29 mai 2017 · until 31 décembre 2021

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/06/2023
    ALGEMENE VERGADERING
    PDF
  • Mandates21/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring22/01/2020
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/11/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates25/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/07/2015
    DOEL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-19,5 k €↓
  2. 2024
    Annual accounts 20247,5 k €↑
  3. 2023
    Annual accounts 2023-101,3 k €↑
  4. 2022
    Annual accounts 2022-300,7 k €↓
  5. 2021
    Annual accounts 2021-148,6 k €↓
  6. 2020
    Annual accounts 2020917,2 k €↑
  7. 2019
    Annual accounts 201932,3 k €↓
  8. 2018
    Annual accounts 20181,2 M €↑
  9. 2017
    Annual accounts 201749,1 k €↓
  10. 2016
    Annual accounts 201673 k €↑
  11. 2015
    Annual accounts 2015-118,2 k €↓
  12. 2014
    Annual accounts 2014-60,5 k €↑
  13. 2013
    Annual accounts 2013-126,5 k €↑
  14. 2012
    Annual accounts 2012-229,9 k €↓
  15. 2010
    Annual accounts 2010-148,3 k €↓
  16. 2009
    Annual accounts 2009308,9 k €↑
  17. 2008
    Annual accounts 2008-90,4 k €↑
  18. 2007
    Annual accounts 2007-173,8 k €↓
  19. 2006
    Annual accounts 2006119,2 k €
  20. 11/05/1988
    IncorporationPublic limited company