Financials
Financial year 2025
Algemene Glaswerken Masson from Zelzate, company number BE0401032048, closed financial year 2025 with a result of € 30,484 after tax. For that financial year Algemene Glaswerken Masson recorded a gross margin of € 41,847 and equity of € 98,164. Compared with financial year 2024, the result moved from € 42,967 to € 30,484. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 98,164
▲ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,484
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 229,474
▲ 168% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 36,664.
People and assets in 2025
0.4
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 211
▼ 91% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 7,539
▼ 57% vs 2024
Loans from banks and other lenders, long and short.
€ 80,807
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,398 | € 99,193 | € 70,908 | € 41,847 | ▼ 41% |
| Profit after taxes | € 30,342 | € 58,142 | € 42,967 | € 30,484 | ▼ 29% |
| Equity | € 130,572 | € 188,713 | € 67,680 | € 98,164 | ▲ 45% |
| Total debts | € 562,561 | € 536,107 | € 315,721 | € 269,081 | ▼ 15% |
| Cash | € 580,246 | € 563,011 | € 85,604 | € 229,474 | ▲ 168% |
| Land & buildings | € 1,404 | € 1,404 | € 1,404 | € 1,404 | |
| Retained profit | € 69,072 | € 127,213 | € 6,180 | € 36,664 | ▲ € 30,484 |
| Dividend | € 0 | € 0 | € 164,000 | € 0 | ▼ 100% |
| Bank debt | € 12,537 | € 971 | € 17,528 | € 7,539 | ▼ 57% |
| Balance sheet total | € 713,702 | € 745,390 | € 383,401 | € 367,246 | ▼ 4% |
| Employees (FTE) | 0.8 | 1 | 1 | 0.4 | ▼ 0.6 |
Key figures of Algemene Glaswerken Masson, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Algemene Glaswerken Masson?
What happened at Algemene Glaswerken Masson in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,484 (▼ 29% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Zelzate. KBO
In short
From € 30,342 profit in 2022 to € 30,484 profit in 2025.
Paid € 86,340 in corporate taxes since 2022.
Best year ever: 2023, with € 58,142 profit.
On average € 70,900 of value added per employee in 2024.
Management
The stake of BAL MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Algemene Glaswerken MassonBehind Algemene Glaswerken Masson are BAL GUY and BAL MANAGEMENT BV. The shares are held by BAL MANAGEMENT (99.9%).
Directors
According to the 2025 annual accounts
BAL GUY
Managing director
Director · represented by IMPENS VERONIQUE
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Onteigeningsstraat 18
9060 Zelzate
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AMAZON-AES - Amazon.com, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0401.032.048
- VAT number
- BE 0401.032.048
- Registered office
- Onteigeningsstraat 18, 9060 Zelzate
- Names & denominations
- Algemene Glaswerken Masson
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 2 Apr 2026
- Contact
- glasmasson.be
- Activities · NACE
Glaszetten
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