Active · per the CBE, 29 October 2026

MASABI

BE0403763389

Rechtspersoon Private limited company 1 establishment

MASABI is an energy company in Ravels. Private Limited, started on 30 January 1955, 1 establishment.

Polderstraat 34, 2381 Ravels

Behind the company: FLANDERS INTERIORS, Chapungu Beheer, 't Huisje aan de Waterkant.

Active for

71 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.

  • Busy address KBO

    17 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

MASABI from Ravels, company number BE0403763389, closed financial year 2025 with a result of € 265,156 after tax. For that financial year MASABI recorded a gross margin of € 1 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 566,386 to € 265,156. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.

What it is worth Healthy

€ 3.7 million

▼ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 265,156

▼ 53% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 111,962

▼ 39% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 510,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

Debts at end 2025

Bank debt ≈ 10 years to go

€ 3.4 million

▼ 9% vs 2024

€ 337,696 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 22,863

▼ 17% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 6,674

▼ 17% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,379,476 € 978,452 € 795,043 € 1,006,386 ▲ 27%
Profit after taxes € 505,954 € 1,837,602 € 566,386 € 265,156 ▼ 53%
Equity € 2,764,823 € 3,526,604 € 4,032,168 € 3,726,502 ▼ 8%
Total debts € 6,519,581 € 5,234,728 € 3,919,830 € 3,739,515 ▼ 5%
Cash € 407,484 € 536,556 € 183,016 € 111,962 ▼ 39%
Land & buildings € 1,919,651 € 1,773,249 € 1,626,846 € 1,480,444 ▼ 9%
Retained profit € 1,778,244 € 2,600,846 € 3,167,232 € 2,922,389 ▼ 8%
Dividend € 160,000 € 1,000,000 € 0 € 510,000
Bank debt € 6,225,354 € 4,042,511 € 3,711,439 € 3,377,082 ▼ 9%
Balance sheet total € 9,284,405 € 8,761,332 € 7,951,998 € 7,466,017 ▼ 6%
Employees (FTE) 1 0.9 - -

Key figures of MASABI, 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 MASABI?

What happened at MASABI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 265,156 (▼ 53% vs 2024). Source: NBB ↗
  • New establishment in Ravels. KBO
  • Start of the company according to the CBE. KBO

In short

From € 505,954 profit in 2022 to € 265,156 profit in 2025.

Paid € 129,557 in corporate taxes since 2022.

Best year ever: 2023, with € 1.8 million profit.

On average € 1.4 million of value added per employee in 2022.

Management

The stake of ORENS BEHEER, 'T HUISJE AAN DE WATERKANT, CHAPUNGU BEHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MASABI

Behind MASABI are FLANDERS INTERIORS, Chapungu Beheer and 't Huisje aan de Waterkant. The shares are held by ORENS BEHEER (45%), 'T HUISJE AAN DE WATERKANT (20%) and CHAPUNGU BEHEER (10%). It owns 100% of Immo Global itself.

Directors

According to the 2025 annual accounts

FLANDERS INTERIORS

Director · represented by ILSE VAN DER VOORT

Also active at: MASABI CAPITAL, IMMO GLOBAL

Chapungu Beheer

Director · represented by Margareta De Wolf

Also active at: MASABI CAPITAL, IMMO GLOBAL, BELIMAR

't Huisje aan de Waterkant

Director · represented by Ilse Van der Voort

Also active at: CALLISTO INVEST, ANTLIA INVEST, ELTI MANAGEMENT

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Polderstraat 34

2381 Ravels

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0403.763.389
VAT number
BE 0403.763.389
Registered office
Polderstraat 34, 2381 Ravels
Names & denominations
MASABI · HUUR²
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
30 January 1955
Peppol
Active · Active since 10 Feb 2026
Activities · NACE

Productie van elektriciteit uit niet-hernieuwbare bronnen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Distributie van elektriciteit

Frequently asked questions

What does MASABI do?
MASABI is an energy company in Ravels. Private Limited, started on 30 January 1955, 1 establishment.
What is the address of MASABI?
The registered office of MASABI is located at Polderstraat 34, 2381 Ravels.
Is MASABI still active?
Yes. According to the CBE (29 October 2026) MASABI is active, legal situation “Normale toestand”, started on 30 January 1955.
Is MASABI registered on Peppol?
Yes, MASABI is registered on the Peppol network with ID 0208:0403763389.
What is the enterprise number of MASABI?
The enterprise number of MASABI is BE0403763389.
When was MASABI founded?
MASABI was founded on 30 January 1955.