ACTIVE

The Master Labs

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Financial year 2025 · closed on 31/12/2025
Net result
367,5 k €
-39.1% YoY
Gross margin
3,3 M €
-4.7% YoY
Equity
494 k €
-56.1% YoY
Workforce
30,0 ETP
+1.0% YoY

What does The Master Labs do?

The Master Labs is a Private limited company incorporated in 2010. Its main activity is: Computer consultancy activities. Its registered office is in Kontich. It employs on average 30,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0826.689.923
Incorporation
16/06/2010
Legal form
Private limited company
Registered office
Sleutelstraat 25
2550 Kontich · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
30,0 ETP
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (1)
  • 200
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin3,3 M €3,5 M €2,8 M €2,3 M €1,7 M €2,3 M €1,3 M €950,5 k €674,9 k €683 k €663 k €1 M €581,1 k €872,4 k €343,6 k €
EBITDA667,8 k €977,1 k €588,1 k €381,3 k €87,4 k €990,7 k €295,4 k €215,1 k €109,4 k €156,4 k €259,5 k €326,2 k €27,8 k €209,6 k €167,8 k €
Operating result577,5 k €882,8 k €501,6 k €315,3 k €38 k €975,4 k €280,3 k €200,1 k €89 k €141,8 k €239,9 k €306,9 k €2 k €194,7 k €159,6 k €
Net result367,5 k €603,8 k €350 k €235,2 k €4,7 k €784,3 k €240,8 k €126,3 k €60,4 k €141,1 k €160,7 k €240,7 k €1,7 k €128 k €104,5 k €
Balance sheet
Equity494 k €1,1 M €1,5 M €1,3 M €1,2 M €1,2 M €690,4 k €669,7 k €543,4 k €583 k €541,9 k €481,2 k €240,5 k €238,7 k €110,7 k €
Total assets3,4 M €3 M €2,8 M €2,3 M €1,9 M €2,1 M €1,2 M €904,8 k €911 k €903,2 k €881,7 k €642,8 k €314,9 k €417,9 k €186,8 k €
Cash1,9 M €1,6 M €981,3 k €1,1 M €712,9 k €787 k €484,4 k €548,4 k €620,7 k €530,5 k €607,7 k €316,3 k €96,9 k €301,6 k €74,7 k €
Debts3 M €1,9 M €1,3 M €1 M €720,4 k €889,3 k €475,5 k €235,1 k €367,6 k €307,8 k €339,8 k €161,6 k €74,4 k €179,2 k €76,2 k €
Other
Workforce30,0 ETP29,7 ETP26,8 ETP26,6 ETP22,3 ETP19,4 ETP15,4 ETP12,0 ETP9,2 ETP9,1 ETP7,0 ETP5,0 ETP3,0 ETP1,9 ETP0,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Avision+

Director · 0890.197.605

Represented by Manu Michel De Backer

Active
Moons ITS

Director · 0824.695.384

Represented by Jan Moons

Active

Ended mandates

Moons ITS

Administrator - manager · since 16 juin 2015 · 0824.695.384

Represented by Jan Moons

Ended
Avision+

Administrator - manager · since 16 juin 2010 · 0890.197.605

Represented by Manu Michel De Backer

Ended
Avision+

Director · 0890.197.605

Represented by Manu Michel De Backer

Ended
Jan Moons

Mandate

Ended
At this address

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Annual accounts

Full financial information

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 date24/07/202610/06/202509/07/202414/06/202328/07/202219/07/2021
General meeting30/06/202602/06/202520/06/202405/06/202320/06/202225/06/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202624/07/2026DutchPDF
Abridged model31/12/202402/06/202510/06/2025DutchPDF
Abridged model31/12/202320/06/202409/07/2024DutchPDF
Abridged model31/12/202205/06/202314/06/2023DutchPDF
Abridged model31/12/202120/06/202228/07/2022DutchPDF
Abridged model31/12/202025/06/202119/07/2021DutchPDF
Abridged model31/12/201902/06/202022/06/2020DutchPDF
Abridged model31/12/201803/06/201910/07/2019DutchPDF
Abridged model31/12/201704/06/201825/06/2018DutchPDF
Abridged model31/12/201615/03/201707/04/2017DutchPDF
Abridged model31/12/201506/06/201606/07/2016DutchPDF
Abridged model31/12/201401/06/201524/06/2015DutchPDF
Abridged model31/12/201302/06/201415/07/2014DutchPDF
Abridged model31/12/201203/06/201327/06/2013DutchPDF
Abridged model31/12/201104/06/201202/07/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Avision+

Director · 0890.197.605

Represented by Manu Michel De Backer

Active
Moons ITS

Director · 0824.695.384

Represented by Jan Moons

Active

Ended mandates

Moons ITS

Administrator - manager · since 16 juin 2015 · 0824.695.384

Represented by Jan Moons

Ended
Avision+

Administrator - manager · since 16 juin 2010 · 0890.197.605

Represented by Manu Michel De Backer

Ended
Avision+

Director · 0890.197.605

Represented by Manu Michel De Backer

Ended
Jan Moons

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/02/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/02/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/06/2010
    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. 2025
    Annual accounts 2025367,5 k €↓
  2. 2024
    Annual accounts 2024603,8 k €↑
  3. 2023
    Annual accounts 2023350 k €↑
  4. 2022
    Annual accounts 2022235,2 k €↑
  5. 2021
    Annual accounts 20214,7 k €↓
  6. 2020
    Annual accounts 2020784,3 k €↑
  7. 2019
    Annual accounts 2019240,8 k €↑
  8. 2018
    Annual accounts 2018126,3 k €↑
  9. 2017
    Annual accounts 201760,4 k €↓
  10. 2016
    Annual accounts 2016141,1 k €↓
  11. 2015
    Annual accounts 2015160,7 k €↓
  12. 2014
    Annual accounts 2014240,7 k €↑
  13. 2013
    Annual accounts 20131,7 k €↓
  14. 2012
    Annual accounts 2012128 k €↑
  15. 2011
    Annual accounts 2011104,5 k €
  16. 16/06/2010
    IncorporationPrivate limited company