ACTIVE

MAS

Financial year 2025 · Closed on 31/12/2025

Net result-19,2 k €+3,9 %over 1 year
Gross margin-8,3 k €+16,8 %over 1 year
Equity-127,7 k €-17,7 %over 1 year

Identity

Source · BCE/KBO

MAS is a Private limited company incorporated in 2019. Its registered office is in Brasschaat.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0729.981.616
Incorporation
10/07/2019
Legal form
Private limited company
Registered office
Mikhof 11
2930 Brasschaat · FlandreSee on map
Latest accounts
31/12/2025
Signals
Good liquidity

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20252024202320222021
Income statement
Gross margin-8,3 k €-10 k €-19,3 k €-8,1 k €-9,1 k €
EBITDA-13,1 k €-14,7 k €-23,7 k €-12,2 k €-12,5 k €
Operating result-13,1 k €-14,7 k €-23,7 k €-12,2 k €-12,5 k €
Net result-19,2 k €-20 k €-27,1 k €-14,3 k €-16,7 k €
Balance sheet
Equity-127,7 k €-108,5 k €-88,6 k €-61,5 k €-47,3 k €
Total assets2,5 M €2,3 M €1,9 M €1,8 M €1,5 M €
Cash77,6 €–19,4 k €4,1 k €6,2 k €
Debts2,6 M €2,4 M €2 M €1,9 M €1,6 M €

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Nic Schuybroek
Directorsince 17/09/2019
Olivier Reijnhoudt
Directorsince 17/09/2019

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Nic Schuybroeck
Director17/09/2019 → 2022 accounts
Olivier Reynhoudt
Director17/09/2019 → 2022 accounts

Other companies at this address

Mikhof 11 2930 Brasschaat
CompanyCBE no.
0428.245.694
REYNATI● Active
0476.502.107
Seth2012● Active
0760.522.659

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202110/07/2019
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 months18 months
Filing date08/07/202617/06/202521/06/202414/07/202312/07/202223/07/2021
General meeting30/06/202606/06/202527/05/202430/06/202330/05/202231/05/2021
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202608/07/2026DutchPDF
Micro model31/12/202406/06/202517/06/2025DutchPDF
Micro model31/12/202327/05/202421/06/2024DutchPDF
Micro model31/12/202230/06/202314/07/2023DutchPDF
Micro model31/12/202130/05/202212/07/2022DutchPDF
Micro model31/12/202031/05/202123/07/2021DutchPDF

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.

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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

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Nic Schuybroek
Directorsince 17/09/2019
Olivier Reijnhoudt
Directorsince 17/09/2019

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Nic Schuybroeck
Director17/09/2019 → 2022 accounts
Olivier Reynhoudt
Director17/09/2019 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/07/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Mandates22/10/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/07/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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
Filings6 filings
Mandates
Olivier Reijnhoudt
Nic Schuybroek
Nic Schuybroeck
Olivier Reynhoudt
20192020202120222023202420252026
MAS
Mikhof 11, 2930 Brasschaat
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Mikhof 11, 2930 BrasschaatCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00296945

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MASCurrent
accounts 2020 → 2025
Accounts 2025 · 2026-00296945

Events

  1. 2025
    Annual accounts 2025-19,2 k €↑
  2. 2024
    Annual accounts 2024-20 k €↑
  3. 2023
    Annual accounts 2023-27,1 k €↓
  4. 2022
    Annual accounts 2022-14,3 k €↑
  5. 2021
    Annual accounts 2021-16,7 k €↑
  6. 2020
    Annual accounts 2020-30,5 k €
  7. 10/07/2019
    IncorporationPrivate limited company