ACTIVE

Masters

Financial year 2024 · closed on 31/12/2024
Net result
50,9 k €
+149.9% YoY
Gross margin
147,8 k €
+49.5% YoY
Equity
138,9 k €
+57.8% YoY

What does Masters do?

Masters is a Private limited company incorporated in 2020. Its main activity is: Site preparation. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0750.656.076
Incorporation
14/07/2020
Legal form
Private limited company
Registered office
Doornzelestraat 3
9000 Gent · FlandreSee on map
Contributed capital
6 000,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2024202320222021
Income statement
Gross margin147,8 k €98,9 k €78,6 k €96,4 k €
EBITDA74,8 k €30,4 k €28,1 k €58,4 k €
Operating result65,5 k €25,1 k €23,5 k €54,7 k €
Net result50,9 k €20,4 k €17,8 k €43,9 k €
Balance sheet
Equity138,9 k €88 k €67,7 k €49,9 k €
Total assets234,4 k €136,3 k €98 k €119,7 k €
Cash32 k €10,7 k €9,8 k €5,2 k €
Debts95,4 k €48,3 k €30,4 k €69,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Annual accounts

Full financial information

2024202320222021
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202214/07/2020
Closing of the financial year31/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months18 months
Filing date31/12/202514/01/202529/06/202314/12/2022
General meeting30/05/202531/05/202426/05/202327/05/2022
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/05/202531/12/2025DutchPDF
Micro model31/12/202331/05/202414/01/2025DutchPDF
Micro model31/12/202226/05/202329/06/2023DutchPDF
Micro model31/12/202127/05/202214/12/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares10/07/2026
    KAPITAAL - AANDELEN
    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. 2024
    Annual accounts 202450,9 k €
  2. 2023
    Annual accounts 202320,4 k €
  3. 2022
    Annual accounts 202217,8 k €
  4. 2021
    Annual accounts 202143,9 k €
  5. 14/07/2020
    IncorporationPrivate limited company