MAST BEDRIJFSREVISOR
ActiveSummary
MAST BEDRIJFSREVISOR has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €38k and a net result of €37k. Equity is growing by ~35% per year across the filed fiscal years. Its solvency ranks better than 26% of 133 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability96▼-3
Solvency48▼-47
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 2.95 in 2025; short-term debt: 76.2% and cash: 76.7% of total assets), and 77.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
22.9%
Return on assets
22.2%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 12-05-2026, 172 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2026
172 d early
2025
11 d early
2024
21 d early
2023
5 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€38k▼ 62.4%
2025 · €101k
2023: €32k
2024: €66k
2025: €101k
2023 → 2026
Total assets
€166k▲ 15.1%
2025 · €144k
2023: €63k
2024: €117k
2025: €144k
2023 → 2026
Net result
€37k▲ 3.8%
2025 · €35k
2023: €22k
2024: €34k
2025: €35k
2023 → 2026
Working capital
€18k▼ 75.7%
2025 · €75k
2023: €33k
2024: €38k
2025: €75k
2023 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2023202420252026Trend
Equity€32k-€66k▲ 108%€101k▲ 54.0%€38k▼ 62.4%
Operating result€28k-€45k▲ 60.0%€47k▲ 4.0%€49k▲ 4.0%
Net result€22k-€34k▲ 58.0%€35k▲ 3.9%€37k▲ 3.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2026 is 4% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €166k
Fixed assets
€21k ▼ 30.8%
Current assets
€145k ▲ 27.6%
Equity and liabilities €166k
Equity
€38k ▼ 62.4%
Debt
€128k ▲ 198%
Debt's share of the balance-sheet total rises from 29.8% to 77.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€58k▲
2025 · €56k
Cash flow
€46k▲
2025 · €45k
Current ratio
1.14▼
2025 · 2.95
Debt to equity
3.37▲
2025 · 0.42
ROE
96.8%▲
2025 · 35.0%
ROA
22.2%▼
2025 · 24.6%
Interest coverage
37.40▲
2025 · 27.70
Debt ≤ 1 year
€127k▲
2025 · €38k
Income taxes
€10k▲
2025 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 42 lines
Balance sheet
Code20252026
Assets
Total assets20/58€144k€166k▲
Fixed assets21/28€31k€21k▼
Tangible fixed assets22/27€31k€21k▼
Furniture and vehicles24€31k€21k▼
Current assets29/58€113k€145k▲
Amounts receivable within one year40/41€15k€16k▲
Trade receivables40€15k€16k▲
Other amounts receivable41-€24
Cash at bank and in hand54/58€97k€127k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€144k€166k▲
Equity10/15€101k€38k▼
Contributions10/11€10k€10k=
Reserves13€91k€28k▼
Distributable reserves133€91k€28k▼
Amounts payable17/49€43k€128k▲
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€38k€127k▲
Current portion of amounts payable after more than one year42€9k€3k▼
Trade debts44€849€7▼
Suppliers440/4€849€7▼
Taxes, remuneration and social security45€13k€7k▼
Taxes450/3€13k€7k▼
Other amounts payable47/48€16k€116k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k=
Other operating charges640/8€239€612▲
Gross operating margin9900€57k€59k▲
Operating profit (loss)9901€47k€49k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€45k€47k▲
Income taxes67/77€9k€10k▲
Profit (loss) for the period9904€35k€37k▲
Profit (loss) for the period to be appropriated9905€35k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€37k▲
Transfer from equity791/2-€91k
Transfer to equity691/2€35k€28k▼
To other reserves6921€35k€28k▼
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
28-07
State Gazette act
Appointment: Stijn MAES (statutory director)Name change · Purpose change · Share split7 facts ▸
State Gazette act
Appointment: Stijn MAES (statutory director)
Name change · Purpose change · Share split7 facts ▸
- General meeting, 16 juli 2026
- Name change, MAST Management Consult
- Purpose change, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen: - Het be…
- Share split, Splitting of existing shares by factor 10, resulting in 100 shares
- Statutes amendment
- Director appointment, Stijn MAES (statutory director)
- Registered-office move, 3511 Hasselt, Beyenstraat 54
12-05
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2023net €37k ▲3.8%
Operating result €49k, net result €37k, both a record.
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €100kEq €101k ▲54%
3 profitable years in a row build equity to €101k.
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Stijn MAES
CurrentStatutory director · since 16-07-2026
16-07-2026
Appointed as Statutory director
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beyenstraat 543511 HasseltGround area
1,703 m²
Building footprint
171 m²
Volume, LiDAR
672 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAST BEDRIJFSREVISOR
since 20222.335.672.601
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71483E0356/00F000 | Flanders | 1,033 m² | 1 · 64 m² | - |
| 71483D0117/00F000 | Flanders | 670 m² | 1 · 107 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JML Reviseurs d’Entreprises
BE 0775.785.313
Morlanwelz · Eq €37,272
Compass Audit
BE 0680.780.741
Sint-Truiden · Eq €39,079
Veracity4Business
BE 1000.507.290
Zoersel · Eq €39,306
PHILIPPE BOESMANS BEDRIJFSREVISOR
BE 0536.887.971
Lier · Eq €39,618
HANS EVERAERT
BE 1016.920.482
Ronse · Eq €39,801
Of 944 companies in sector 69203 we hold annual accounts for 659. 383 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-2022
Fiscal year end31-03
Legal name NL
MAST Management Consult
Activities, NACEBEL 2025
69203Activities of company auditors
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.