ACTIVE

MASH

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Financial year 2025 · Closed on 31/12/2025

Net result191,2 k €-13,5 %over 1 year
Gross margin264,6 k €-11,8 %over 1 year
Equity21,6 k €+5,7 %over 1 year

Identity

Source · BCE/KBO

MASH is a Private limited company incorporated in 2014. Its main activity is: Management consultancy activities. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0560.662.275
Incorporation
22/08/2014
Legal form
Private limited company
Registered office
Heiebreestraat 24
9031 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 12 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin264,6 k €300 k €300 k €251,6 k €331,4 k €
EBITDA263 k €297,8 k €297,9 k €249,6 k €330 k €
Operating result252,9 k €297,4 k €280,4 k €231,7 k €303,6 k €
Net result191,2 k €221 k €206,5 k €169,5 k €222,6 k €
Balance sheet
Equity21,6 k €20,5 k €19,4 k €22,9 k €243,4 k €
Total assets331,5 k €257,6 k €249,3 k €242,4 k €300 k €
Cash204,6 k €223,9 k €212,3 k €196,9 k €234,1 k €
Debts309,9 k €237,1 k €229,8 k €219,5 k €56,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hildegard Verhoeven
Directorsince 22/08/2014Manager22/08/2014 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Serge Van Herck
Manager30/06/2017 → 2017 accounts

Other companies at this address

Heiebreestraat 24 9031 Gent
CompanyCBE no.
InnoVision● Active
0732.512.722
MedTec● Active
0732.512.821

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/03/202603/04/202526/03/202431/03/202308/07/202209/07/2021
General meeting11/02/202605/03/202501/03/202415/03/202330/06/202218/06/2021
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, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/02/202609/03/2026DutchPDF
Abridged model31/12/202405/03/202503/04/2025DutchPDF
Abridged model31/12/202301/03/202426/03/2024DutchPDF
Abridged model31/12/202215/03/202331/03/2023DutchPDF
Abridged model31/12/202130/06/202208/07/2022DutchPDF
Abridged model31/12/202018/06/202109/07/2021DutchPDF
Abridged model31/12/201919/06/202018/07/2020DutchPDF
Abridged model31/12/201821/06/201903/07/2019DutchPDF
Abridged model31/12/201722/06/201803/07/2018DutchPDF
Micro model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201520/06/201628/06/2016DutchPDF
Abridged model31/12/201419/06/201528/07/2015DutchPDF

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.

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 31/12/2025

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hildegard Verhoeven
Directorsince 22/08/2014Manager22/08/2014 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Serge Van Herck
Manager30/06/2017 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/12/2023
    ONTSLAGEN, BENOEMINGEN, STATUTEN (VERTALING,
    PDF
  • Mandates10/10/2019
    Ontslag zaakvoerder
    PDF
  • Mandates02/08/2017
    Benoeming zaakvoerder
    PDF
  • Other26/08/2014
    (voluit) :
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings11 filings
Mandates
Hildegard Verhoeven
Serge VAN HERCK
2014201520162017201820192020202120222023202420252026
MASH
Heiebreestraat 24, 9031 Drongen
DirectorManager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Heiebreestraat 24, 9031 DrongenCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00050936

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MASHCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00050936

Events

  1. 2025
    Annual accounts 2025191,2 k €↓
  2. 2024
    Annual accounts 2024221 k €↑
  3. 2023
    Annual accounts 2023206,5 k €↑
  4. 2022
    Annual accounts 2022169,5 k €↓
  5. 2021
    Annual accounts 2021222,6 k €↑
  6. 2019
    Annual accounts 201947,1 k €↑
  7. 2018
    Annual accounts 201846,8 k €↑
  8. 2017
    Annual accounts 2017-41,3 k €↓
  9. 2016
    Annual accounts 2016207,7 k €↑
  10. 2015
    Annual accounts 201594,6 k €↑
  11. 2014
    Annual accounts 201423,6 k €
  12. 22/08/2014
    IncorporationPrivate limited company