OPENING OF BANKRUPTCY

MASTE

Financial year 2021 · closed on 31/12/2021
Net result
6,5 k €
-78.3% YoY
Gross margin
128,3 k €
+146.9% YoY
Equity
-10,7 k €
-121.8% YoY
Workforce
3,1 ETP
+210.0% YoY

Company — Opening of bankruptcy.

What does MASTE do?

MASTE is a Private company with limited liability incorporated in 2013. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Gent. It employs on average 3,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0525.862.239
Incorporation
02/04/2013
Legal form
Private company with limited liability
Registered office
Tondelierlaan 23
9000 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2021
Average workforce
3,1 ETP
Joint committees (1)
  • 30200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2021201820172016201520142013
Income statement
Gross margin128,3 k €52 k €81,5 k €69,9 k €57,3 k €68,2 k €44,7 k €
EBITDA38 k €48,9 k €51,5 k €37,2 k €51,8 k €20,2 k €24,3 k €
Operating result5,5 k €41,8 k €30,6 k €16,4 k €30,7 k €-48,6 €10,6 k €
Net result6,5 k €29,8 k €24,6 k €8,5 k €19,9 k €-4 k €6,5 k €
Balance sheet
Equity-10,7 k €48,9 k €43,1 k €38,5 k €30 k €16,1 k €20,1 k €
Total assets1 M €1,1 M €152,9 k €149 k €170,3 k €167,8 k €184,7 k €
Cash1,2 k €2,5 k €1,9 k €3 k €5,7 k €837,1 €14,8 k €
Debts1 M €1 M €109,8 k €110,5 k €140,2 k €151,7 k €164,5 k €
Other
Workforce3,1 ETP1,0 ETP1,0 ETP1,0 ETP0,3 ETP1,9 ETP1,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 2 ended

Active mandates

Samuel Van Houcke

Director · since 02 avril 2013

Active
Stefanie Van Nieuwenhuyze

Director · since 02 avril 2013

Active

Ended mandates

Samuel Van Houcke

Manager · since 02 avril 2013

Ended
Stefanie Van Nieuwenhuyze

Manager · since 02 avril 2013

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202229/07/202131/08/202023/07/201924/07/201814/07/2017
General meeting30/06/202230/06/202117/08/202030/06/201930/06/201815/06/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202130/06/202231/07/2022DutchPDF
Abridged model31/12/202030/06/202129/07/2021DutchPDF
Abridged model31/12/201917/08/202031/08/2020DutchPDF
Abridged model31/12/201830/06/201923/07/2019DutchPDF
Abridged model31/12/201730/06/201824/07/2018DutchPDF
Abridged model31/12/201615/06/201714/07/2017DutchPDF
Abridged model31/12/201530/06/201631/08/2016DutchPDF
Abridged model31/12/201415/06/201502/07/2015DutchPDF
Abridged model31/12/201330/06/201424/07/2014DutchPDF
Estimate

Indicative valuation

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 31/12/2021 · 2 active · 2 ended

Active mandates

Samuel Van Houcke

Director · since 02 avril 2013

Active
Stefanie Van Nieuwenhuyze

Director · since 02 avril 2013

Active

Ended mandates

Samuel Van Houcke

Manager · since 02 avril 2013

Ended
Stefanie Van Nieuwenhuyze

Manager · since 02 avril 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/08/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/04/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2021
    Annual accounts 20216,5 k €
  2. 2018
    Annual accounts 201829,8 k €
  3. 2017
    Annual accounts 201724,6 k €
  4. 2016
    Annual accounts 20168,5 k €
  5. 2015
    Annual accounts 201519,9 k €
  6. 2014
    Annual accounts 2014-4 k €
  7. 2013
    Annual accounts 20136,5 k €
  8. 02/04/2013
    IncorporationPrivate company with limited liability