MASTER ADVICE
0440.504.714 · rovalta.com · 09/11/2026
ACTIVE
MASTER ADVICE
Financial year 2025 · Closed on 31/12/2025
Net result712,7 k €+1 192,6 %over 1 year
Gross margin723,7 k €+22 078,8 %over 1 year
Equity1,8 M €+63,1 %over 1 year
Overview
Identity
Source · BCE/KBOMASTER ADVICE is a Private limited company incorporated in 1990. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Herk-de-Stad.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0440.504.714
- Incorporation
- 30/03/1990
- Legal form
- Private limited company
- Registered office
- De Pierpontstraat 21 box 1
3540 Herk-de-Stad · FlandreSee on map - Contributed capital
- 1 163 667,00 €
- Latest accounts
- 31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 723,7 k € | +22079% | 3,3 k € | -70.6% | 11,1 k € | +190% | 3,8 k € | -44.4% | 6,9 k € |
| EBITDA | 700,1 k € | +62912% | 1,1 k € | -87.7% | 9 k € | +366% | 1,9 k € | -61.5% | 5 k € |
| Operating result | 691,3 k € | +14371% | -4,8 k € | -4263% | -111 € | +98.3% | -6,6 k € | -87.2% | -3,5 k € |
| Net result | 712,7 k € | +1193% | 55,1 k € | +71.3% | 32,2 k € | +585% | -6,6 k € | -106% | 109,1 k € |
| Balance sheet | |||||||||
| Equity | 1,8 M € | +63.1% | 1,1 M € | +5.1% | 1,1 M € | +3.1% | 1 M € | -0.6% | 1 M € |
| Total assets | 2,4 M € | +84.6% | 1,3 M € | +8.7% | 1,2 M € | +1.0% | 1,2 M € | -1.7% | 1,2 M € |
| Cash | 19,2 k € | +172% | 7 k € | +263% | 1,9 k € | -57.6% | 4,6 k € | +2718% | 162,6 € |
| Debts | 375,2 k € | +132% | 162 k € | +42.6% | 113,7 k € | -15.3% | 134,1 k € | -9.5% | 148,2 k € |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 6 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Anna Dewael | Directorsince 01/06/2001 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Annemie DEWAEL | Manager05/11/2018 → 2019 accounts | ||
Roger Vandebroek | Manager03/09/2012 → 2016 accounts | ||
| Director30/06/2011 → 2011 accounts | |||
| Director06/09/2010 → 2011 accounts |
Financials
Full financial information
Source · NBB| 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 | 29/06/2026 | 30/06/2025 | 27/06/2024 | 27/06/2023 | 29/06/2022 | 25/06/2021 |
| General meeting | 19/06/2026 | 20/06/2025 | 21/06/2024 | 16/06/2023 | 01/06/2022 | 01/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 19/06/2026 | 29/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 20/06/2025 | 30/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 21/06/2024 | 27/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 16/06/2023 | 27/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 01/06/2022 | 29/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 01/06/2021 | 25/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 01/06/2020 | 23/06/2020 | Dutch | |
| Micro model | 31/12/2018 | 01/06/2019 | 31/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 01/06/2018 | 26/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 01/06/2017 | 15/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/06/2016 | 28/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/06/2015 | 23/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/06/2014 | 25/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 28/06/2013 | 01/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 29/06/2012 | 23/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/06/2011 | 15/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/06/2010 | 30/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/06/2009 | 22/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/06/2008 | 02/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 29/06/2007 | 24/07/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
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
Board of directors
Source · NBB, accounts to 31/12/20251 active · 6 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Anna Dewael | Directorsince 01/06/2001 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Annemie DEWAEL | Manager05/11/2018 → 2019 accounts | ||
Roger Vandebroek | Manager03/09/2012 → 2016 accounts | ||
| Director30/06/2011 → 2011 accounts | |||
| Director06/09/2010 → 2011 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Registered office11/02/2025MAATSCHAPPELIJKE ZETEL
- Mandates27/05/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates22/05/2019ONTSLAGEN - BENOEMINGEN
- Mandates22/10/2012ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Mandates26/10/2011ONTSLAGEN - BENOEMINGEN
- Mandates01/12/2010ONTSLAGEN - BENOEMINGEN
- Mandates30/08/2010ONTSLAGEN - BENOEMINGEN
- Mandates28/08/2008Ontslag - herbenoeming
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Anna Dewael
Annemie DEWAEL
Roger Vandebroek
Francis Consulting BVBA
IMMO VASTRO
Ruben Vandebroek
Vanessa Vandebroek
1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
MASTER ADVICE
De Pierpontstraat 21 bte 1, 3540 Herk-de-StadWeg Naar De Grauwe Steen 31, 3550 Heusden-Zolder
Director
ManagerManaging director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| De Pierpontstraat 21 bte 1, 3540 Herk-de-StadCurrent | accounts 2024 → 2025 | Accounts 2025 · 2026-00212404 |
| Weg Naar De Grauwe Steen 31, 3550 Heusden-Zolder | accounts 2021 → 2023 | Accounts 2023 · 2024-00181353 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| MASTER ADVICECurrent | accounts 2006 → 2025 | Accounts 2025 · 2026-00212404 |
Events
- 2025Annual accounts 2025712,7 k €↑
- 2024Annual accounts 202455,1 k €↑
- 2023Annual accounts 202332,2 k €↑
- 2022Annual accounts 2022-6,6 k €↓
- 2021Annual accounts 2021109,1 k €↑
- 2020Annual accounts 2020-6 k €↑
- 2019Annual accounts 2019-15,9 k €↓
- 2018Annual accounts 201829,5 k €↑
- 2017Annual accounts 2017-31,3 k €↓
- 2016Annual accounts 2016-14 k €↑
- 2015Annual accounts 2015-21,1 k €↑
- 2014Annual accounts 2014-25 k €↑
- 2013Annual accounts 2013-33,1 k €↑
- 2012Annual accounts 2012-55,5 k €↑
- 2011Annual accounts 2011-103,3 k €↓
- 2010Annual accounts 2010-74,5 k €↓
- 2009Annual accounts 2009-68,8 k €↑
- 2008Annual accounts 2008-126,8 k €↓
- 2007Annual accounts 2007126,4 k €↑
- 2006Annual accounts 2006123,6 k €
- 30/03/1990IncorporationPrivate limited company