ACTIVE

Maastery

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

18,5 k €

+118.8% YoY

Gross margin

37,2 k €

+489.8% YoY

Equity

-135,8 k €

+11.8% YoY

What does Maastery do?

Maastery is a Private limited company incorporated in 2001. Its main activity is: Computer consultancy activities. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.071.959

Incorporation

12/02/2001

Legal form

Private limited company

Registered office

Avenue George Bergmann 70
1050 Ixelles · BruxellesSee on map

Contributed capital

9 312,00 €

Latest accounts

31/12/2024

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering 62010Computer programming activities 62100Computer programming, consultancy and related activities 63100Data processing, hosting and related activities; web portals+4

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	37,2 k €	+490%	6,3 k €	-94.7%	118,5 k €	+59.7%	74,2 k €	+191%	-81,9 k €	-387%	-16,8 k €	-115%	112,6 k €	+124%	50,2 k €	-29.8%	71,6 k €	+37.8%	51,9 k €	+727%	-8,3 k €	-111%	75,1 k €	-36.3%	117,9 k €	-41.1%	200,2 k €	-1.8%	203,9 k €	+1.3%	201,3 k €	+6.6%	188,9 k €	+70.1%	111,1 k €	+107%	53,6 k €
EBITDA	28,2 k €	+137%	-76,9 k €	-629%	14,5 k €	-66.2%	42,9 k €	+145%	-96,2 k €	-445%	-17,7 k €	-551%	-2,7 k €	-106%	42,7 k €	+19.0%	35,9 k €	+54.2%	23,3 k €	+345%	-9,5 k €	-116%	59,1 k €	+9.8%	53,9 k €	+370%	11,5 k €	+805%	-1,6 k €	-105%	34,1 k €	-43.9%	60,8 k €	+13.8%	53,4 k €	+192%	18,3 k €
Operating result	4,4 k €	+105%	-81,8 k €	-1228%	7,3 k €	-79.8%	35,9 k €	+135%	-101,8 k €	-457%	-18,3 k €	-535%	-2,9 k €	-107%	42,1 k €	+81.6%	23,2 k €	+57.4%	14,7 k €	+160%	-24,8 k €	-154%	45,5 k €	+22.4%	37,2 k €	+360%	-14,3 k €	+5.4%	-15,1 k €	-164%	23,7 k €	-50.6%	47,9 k €	+7.1%	44,7 k €	+263%	12,3 k €
Net result	18,5 k €	+119%	-98,3 k €	-4908%	-2 k €	-107%	29,9 k €	+128%	-105,7 k €	-537%	-16,6 k €	-1277%	1,4 k €	-95.3%	29,9 k €	+132%	12,9 k €	+241%	-9,1 k €	-106%	148,8 k €	+444%	27,3 k €	-7.6%	29,6 k €	+266%	-17,8 k €	-7.1%	-16,7 k €	-293%	8,6 k €	-76.6%	36,9 k €	+12.9%	32,6 k €	+333%	7,5 k €
Balance sheet
Equity	-135,8 k €	+11.8%	-154 k €	-177%	-55,6 k €	-1.6%	-54,7 k €	+35.3%	-84,5 k €	-499%	21,2 k €	-43.9%	37,8 k €	-53.6%	81,4 k €	+58.2%	51,4 k €	+33.4%	38,6 k €	-83.1%	227,7 k €	+188%	78,9 k €	+52.9%	51,6 k €	+134%	22 k €	-84.3%	139,9 k €	-10.7%	156,6 k €	-2.0%	159,8 k €	+9.4%	146 k €	+28.8%	113,4 k €
Total assets	266,6 k €	+1.1%	263,7 k €	-15.3%	311,2 k €	+32.8%	234,3 k €	+102%	115,9 k €	-23.8%	152 k €	-36.6%	239,8 k €	-7.9%	260,3 k €	-48.7%	507,3 k €	-30.8%	733 k €	+21.4%	603,6 k €	+32.4%	455,9 k €	+69.7%	268,6 k €	-3.9%	279,4 k €	-10.9%	313,5 k €	+13.6%	276,1 k €	-8.7%	302,3 k €	-1.7%	307,5 k €	+94.0%	158,5 k €
Cash	11,8 k €	-70.1%	39,5 k €	+61.3%	24,5 k €	-46.7%	45,9 k €	+58.2%	29 k €	+906%	2,9 k €	+86.6%	1,5 k €	+321%	366,6 €	-97.9%	17,1 k €	+885%	1,7 k €	-78.8%	8,2 k €	-47.5%	15,6 k €	+60.2%	9,7 k €	-74.0%	37,4 k €	-45.4%	68,6 k €	-23.9%	90,1 k €	-1.6%	91,6 k €	-2.1%	93,6 k €	+49.6%	62,5 k €
Debts	402,2 k €	-1.3%	407,6 k €	+14.9%	354,7 k €	+30.8%	271,2 k €	+41.5%	191,7 k €	+50.1%	127,7 k €	-29.9%	182,3 k €	+2.8%	177,3 k €	-60.9%	453,9 k €	-33.3%	680,7 k €	+86.7%	364,6 k €	-0.1%	364,8 k €	+77.0%	206,1 k €	-19.1%	255 k €	+47.2%	173,2 k €	+45.0%	119,4 k €	-16.2%	142,5 k €	-11.8%	161,5 k €	+258%	45,2 k €
Other
Workforce	–		1,2 ETP	-55.6%	2,7 ETP	+42.1%	1,9 ETP	+217%	0,6 ETP		–		2,1 ETP		–		1,0 ETP	0.0%	1,0 ETP		–		0,2 ETP	-84.6%	1,3 ETP	-68.3%	4,1 ETP	0.0%	4,1 ETP	+36.7%	3,0 ETP	0.0%	3,0 ETP	+50.0%	2,0 ETP	+100%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 7 ended

Active mandates

Olivier Rousseaux

Director · since 05 février 2020

Active

Ended mandates

TAILOR MADE SOLUTIONS

Manager · since 01 juillet 2018 · 0454.915.449

Represented by Cedric Donck

Ended

TAILOR MADE SOLUTIONS

Director · since 01 juillet 2018 · until 05 février 2020 · 0454.915.449

Represented by Cedric Donck

Ended

LOSSON & ASSOCIES

Manager · since 13 mai 2013 · 0840.533.110

Represented by Pierre-Alexandre Losson

Ended

Pierre LOSSON

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires de la Résidence HARLEMBERG sise à Ixelles, avenue George Bergmann 70● Active	0840.464.418
Florence le Maire Gestion● Active	0778.565.649
ORX● Active	0835.420.121

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/08/2025	30/08/2024	31/08/2023	26/08/2022	31/08/2021	07/08/2020
General meeting	30/06/2025	13/05/2024	08/05/2023	09/05/2022	10/05/2021	11/05/2020
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 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	30/06/2025	18/08/2025	French	PDF
Abridged model	31/12/2023	13/05/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	08/05/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	09/05/2022	26/08/2022	French	PDF
Abridged model	31/12/2020	10/05/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	11/05/2020	07/08/2020	French	PDF
Abridged model	31/12/2018	13/05/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	14/05/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	08/05/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	09/05/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	11/05/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	12/05/2014	31/07/2014	French	PDF
Abridged model	31/12/2012	13/05/2013	22/08/2013	French	PDF
Abridged model	31/12/2011	14/05/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	09/05/2011	24/08/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	01/06/2009	25/08/2009	French	PDF
Abridged model	31/12/2007	04/06/2008	24/07/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	30/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 7 ended

Active mandates

Olivier Rousseaux

Director · since 05 février 2020

Active

Ended mandates

TAILOR MADE SOLUTIONS

Manager · since 01 juillet 2018 · 0454.915.449

Represented by Cedric Donck

Ended

TAILOR MADE SOLUTIONS

Director · since 01 juillet 2018 · until 05 février 2020 · 0454.915.449

Represented by Cedric Donck

Ended

LOSSON & ASSOCIES

Manager · since 13 mai 2013 · 0840.533.110

Represented by Pierre-Alexandre Losson

Ended

Pierre LOSSON

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office31/08/2023
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates18/02/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Mandates19/10/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office19/05/2015
SIEGE SOCIAL
PDF
Registered office15/01/2013
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Registered office30/04/2008
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2024
Annual accounts 202418,5 k €↑
2023
Annual accounts 2023-98,3 k €↓
2022
Annual accounts 2022-2 k €↓
2021
Annual accounts 202129,9 k €↑
2020
Annual accounts 2020-105,7 k €↓
2019
Annual accounts 2019-16,6 k €↓
2018
Annual accounts 20181,4 k €↓
2017
Annual accounts 201729,9 k €↑
2016
Annual accounts 201612,9 k €↑
2015
Annual accounts 2015-9,1 k €↓
2014
Annual accounts 2014148,8 k €↑
2013
Annual accounts 201327,3 k €↓
2012
Annual accounts 201229,6 k €↑
2011
Annual accounts 2011-17,8 k €↓
2010
Annual accounts 2010-16,7 k €↓
2009
Annual accounts 20098,6 k €↓
2008
Annual accounts 200836,9 k €↑
2007
Annual accounts 200732,6 k €↑
2006
Annual accounts 20067,5 k €
12/02/2001
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Maastery

Overview

What does Maastery do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline