ACTIVE

APOTHEEK MAST

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Financial year 2025 · Closed on 30/09/2025

Net result88,7 k €+29,4 %over 1 year
Gross margin175 k €-10,4 %over 1 year
Equity398,7 k €+17,5 %over 1 year
Workforce0,7 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

APOTHEEK MAST is a Private limited company incorporated in 1999. Its registered office is in Merchtem. It employs on average 0,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.145.979
Incorporation
08/02/1999
Legal form
Private limited company
Registered office
Nieuwelaan 1
1785 Merchtem · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
30/09/2025
Average workforce
0,7 ETP
Joint committees (1)
  • 313
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320212020
Income statement
Gross margin175 k €195,3 k €184,5 k €212,4 k €182,2 k €
EBITDA125,9 k €145,2 k €138,2 k €108,5 k €86,3 k €
Operating result120,6 k €86,5 k €78,7 k €43,1 k €22,7 k €
Net result88,7 k €68,5 k €63,5 k €28,2 k €8,2 k €
Balance sheet
Equity398,7 k €339,2 k €316,9 k €278,6 k €254,4 k €
Total assets635,9 k €581,6 k €606,8 k €641 k €670,8 k €
Cash115,6 k €87,7 k €65,7 k €61,6 k €39,8 k €
Debts233,2 k €238,7 k €286,1 k €360,6 k €414,5 k €
Other
Workforce0,7 ETP0,7 ETP0,7 ETP1,6 ETP1,7 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 30/09/2025

1 active · 2 ended

Active mandates

Maarten Mast

Director · since 01 juillet 2003

Active

Ended mandates

Maarten Mast

Director

Ended
Maarten Mast

Manager

Ended

Other companies at this address

Nieuwelaan 1 1785 Merchtem
CompanyCBE no.
MAST & CO● Active
0839.457.596

Full financial information

Source · NBB
202520242023202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202001/10/201901/10/2018
Closing of the financial year30/09/202530/09/202430/09/202330/09/202130/09/202030/09/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/04/202624/04/202519/03/202426/04/202226/04/202128/04/2020
General meeting13/03/202614/03/202508/03/202411/03/202212/03/202113/03/2020
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 model30/09/202513/03/202622/04/2026DutchPDF
Abridged model30/09/202414/03/202524/04/2025DutchPDF
Abridged model30/09/202308/03/202419/03/2024DutchPDF
Abridged model30/09/202111/03/202226/04/2022DutchPDF
Abridged model30/09/202012/03/202126/04/2021DutchPDF
Abridged model30/09/201913/03/202028/04/2020DutchPDF
Abridged model30/09/201808/03/201929/04/2019DutchPDF
Abridged model30/09/201709/03/201826/03/2018DutchPDF
Abridged model30/09/201610/03/201725/04/2017DutchPDF
Abridged model30/09/201511/03/201617/05/2016DutchPDF
Abridged model30/09/201413/03/201508/04/2015DutchPDF
Abridged model30/09/201314/03/201408/04/2014DutchPDF
Abridged model30/09/201208/03/201325/04/2013DutchPDF
Abridged model30/09/201109/03/201221/03/2012DutchPDF
Abridged model30/09/201011/03/201125/03/2011DutchPDF
Abridged model30/09/200912/03/201015/03/2010DutchPDF
Abridged model30/09/200815/03/200924/04/2009DutchPDF
Abridged model30/09/200714/03/200828/05/2008DutchPDF
Abridged model30/09/200609/03/200729/05/2007DutchPDF

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 30/09/2025

1 active · 2 ended

Active mandates

Maarten Mast

Director · since 01 juillet 2003

Active

Ended mandates

Maarten Mast

Director

Ended
Maarten Mast

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares23/01/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/07/2004
    ONTSLAGEN - BENOEMINGEN
    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 202588,7 k €↑
  2. 2024
    Annual accounts 202468,5 k €↑
  3. 2023
    Annual accounts 202363,5 k €↑
  4. 2021
    Annual accounts 202128,2 k €↑
  5. 2020
    Annual accounts 20208,2 k €↓
  6. 2019
    Annual accounts 201949,3 k €↑
  7. 2018
    Annual accounts 201811,2 k €↓
  8. 2017
    Annual accounts 201717,8 k €↓
  9. 2016
    Annual accounts 201633,2 k €↓
  10. 2015
    Annual accounts 201538,7 k €↓
  11. 2014
    Annual accounts 201481,8 k €↑
  12. 2013
    Annual accounts 2013-2,6 k €↓
  13. 2012
    Annual accounts 201228,9 k €↓
  14. 2011
    Annual accounts 201131,9 k €↓
  15. 2010
    Annual accounts 201055,8 k €↑
  16. 2009
    Annual accounts 200938,8 k €↓
  17. 2008
    Annual accounts 200840,9 k €↑
  18. 2007
    Annual accounts 200721,5 k €↓
  19. 2006
    Annual accounts 200650,6 k €
  20. 08/02/1999
    IncorporationPrivate limited company