ACTIVE

MasterGrid

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Financial year 2025 · closed on 31/12/2025
Net result
-53,3 k €
-219.7% YoY
Gross margin
99,8 k €
-62.3% YoY
Equity
31 k €
-63.2% YoY

What does MasterGrid do?

MasterGrid is a Private limited company incorporated in 2015. Its main activity is: Repair of electrical equipment. Its registered office is in Watermael-Boitsfort.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0599.794.055
Incorporation
27/02/2015
Legal form
Private limited company
Registered office
Chaussée de La Hulpe 150
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
33140Repair of electrical equipment· main33140Repair of electrical equipment71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy
Joint committees (2)
  • 200
  • 20000
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202020192018201720162015
Income statement
Gross margin99,8 k €265 k €134,4 k €228,4 k €13,7 k €35,7 k €29,5 k €4,7 k €-32,8 k €2 k €
EBITDA-43,7 k €69,8 k €41,7 k €132,6 k €3,6 k €35,2 k €29,1 k €4,3 k €-33,1 k €1,7 k €
Operating result-43,7 k €68,3 k €40,2 k €131,1 k €2,1 k €33,7 k €27,6 k €1,2 k €-36,3 k €-1,5 k €
Net result-53,3 k €44,5 k €21,2 k €97,3 k €1,5 k €24 k €27,6 k €1,1 k €-33,3 k €-1,6 k €
Balance sheet
Equity31 k €84,3 k €39,8 k €18,6 k €37,8 k €36,3 k €12,4 k €-15,2 k €-16,3 k €17 k €
Total assets233,1 k €462,4 k €443,2 k €248,5 k €100,9 k €112,6 k €125,9 k €106,4 k €78,2 k €107,3 k €
Cash71,6 k €116,2 k €235,5 k €56,9 k €69,1 k €48 k €35,9 k €51,4 k €10,1 k €17,6 k €
Debts195,9 k €377,6 k €359,7 k €229 k €44,1 k €61,5 k €51,1 k €102,8 k €73,5 k €86,2 k €
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 31/12/2025 · 2 active · 4 ended

Active mandates

MG Services

Director · since 13 juin 2025 · 1024.301.390

Represented by Ludovic Vallon

Active
Loïc Zangara

Director · since 16 mai 2025

Active

Ended mandates

Benoît de Turckheim

Director · since 16 juin 2025

Ended
Atalys Corporate SAS

Director · since 15 juin 2022

Represented by Ludovic Vallon

Ended
Atalys SAS

Director · since 01 janvier 2020

Represented by Nicolas Vouros

Ended
Yannick Schneider

Manager · since 27 février 2015

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months15 months12 months12 months
Filing date10/08/202629/07/202524/06/202419/06/202307/02/202201/03/2021
General meeting30/06/202630/06/202519/03/202410/05/202326/11/202102/02/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202610/08/2026FrenchPDF
Micro model31/12/202430/06/202529/07/2025FrenchPDF
Micro model31/12/202319/03/202424/06/2024FrenchPDF
Micro model31/12/202210/05/202319/06/2023FrenchPDF
Micro model30/09/202126/11/202107/02/2022FrenchPDF
Micro model30/09/202002/02/202101/03/2021FrenchPDF
Micro model30/09/201926/11/201928/04/2020FrenchPDF
Micro model30/09/201829/01/201913/02/2019FrenchPDF
Micro model30/09/201706/02/201820/03/2018FrenchPDF
Abridged model30/09/201615/03/201729/03/2017FrenchPDF
Abridged model30/09/201524/02/201624/03/2016FrenchPDF
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 31/12/2025 · 2 active · 4 ended

Active mandates

MG Services

Director · since 13 juin 2025 · 1024.301.390

Represented by Ludovic Vallon

Active
Loïc Zangara

Director · since 16 mai 2025

Active

Ended mandates

Benoît de Turckheim

Director · since 16 juin 2025

Ended
Atalys Corporate SAS

Director · since 15 juin 2022

Represented by Ludovic Vallon

Ended
Atalys SAS

Director · since 01 janvier 2020

Represented by Nicolas Vouros

Ended
Yannick Schneider

Manager · since 27 février 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/04/2026
    Révocations
    PDF
  • Mandates04/07/2025
    DENOMINATION, STATUTS (TRADUCTION, COORDINATION,
    PDF
  • Mandates02/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other10/10/2022
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Other16/07/2021
    MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates12/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/03/2016
    DEMISSIONS, NOMINATIONS
    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. 2025
    Annual accounts 2025-53,3 k €↓
  2. 2024
    Annual accounts 202444,5 k €↑
  3. 2024
    Name changeMasterGrid
  4. 2023
    Annual accounts 202321,2 k €↓
  5. 2022
    Annual accounts 202297,3 k €↑
  6. 2022
    Name changeAtalys Belgique
  7. 2020
    Annual accounts 20201,5 k €↓
  8. 2019
    Annual accounts 201924 k €↓
  9. 2018
    Annual accounts 201827,6 k €↑
  10. 2017
    Annual accounts 20171,1 k €↑
  11. 2016
    Annual accounts 2016-33,3 k €↓
  12. 2015
    Annual accounts 2015-1,6 k €
  13. 27/02/2015
    IncorporationPrivate limited company