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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MASELIS from Roeselare, company number BE0405580556, closed financial year 2025 with a result of € 2.5 million after tax. For that financial year MASELIS recorded revenue of € 169.3 million and equity of € 69.1 million. Compared with financial year 2024, the result moved from € 2.2 million to € 2.5 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 7, 2026.
€ 69.1 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.5 million
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 3.3 million
▼ 55% 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 € 66.2 million.
People and assets in 2025
101.3
▲ 7.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.8 million
▲ 6% vs 2024
€ 86,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.1 million
▲ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.6 million
▼ 26% vs 2024
€ 1.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 13.8 million
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.
€ 1.6 million
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 164,767,423 | € 187,620,491 | € 174,703,135 | € 169,320,826 | ▼ 3% |
| Profit after taxes | € 5,695,907 | € 2,085,235 | € 2,168,103 | € 2,479,193 | ▲ 14% |
| Equity | € 62,389,521 | € 64,474,756 | € 66,642,859 | € 69,122,052 | ▲ 4% |
| Total debts | € 32,104,922 | € 36,930,709 | € 29,532,114 | € 25,991,239 | ▼ 12% |
| Cash | € 3,102,797 | € 5,294,376 | € 7,398,549 | € 3,316,512 | ▼ 55% |
| Land & buildings | € 13,356,666 | € 13,001,750 | € 12,155,494 | € 11,305,408 | ▼ 7% |
| Retained profit | € 59,489,521 | € 61,574,756 | € 63,742,859 | € 66,222,052 | ▲ 4% |
| Bank debt | € 21,458,333 | € 19,333,333 | € 14,208,334 | € 10,583,334 | ▼ 26% |
| Balance sheet total | € 97,494,443 | € 104,405,465 | € 99,174,973 | € 98,113,291 | ▼ 1% |
| Employees (FTE) | 86.9 | 88.8 | 93.7 | 101.3 | ▲ 7.6 |
Key figures of MASELIS, 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 MASELIS?
What happened at MASELIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- KRM BV stepped down as director. NBB
- Siska Lecluyse stepped down as director. NBB
- Sandeb NV stepped down as director. NBB
- Silesam NV stepped down as director. NBB
- Gyma BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.5 million (▲ 14% vs 2024). filed late Source: NBB ↗
- New establishment in Roeselare. KBO
- KRM BV became a director. NBB
In short
From € 5.7 million profit in 2022 to € 2.5 million profit in 2025.
Paid € 4 million in corporate taxes since 2022.
Best year ever: 2022, with € 5.7 million profit.
Pays suppliers within 32 days on average.
Management
It owns 100% of Maselis Cereals, 100% of Borlix, 99.9% of Agrobra, 33.3% of Granero Industrio and 20% of KFT Maselis Hungaria itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Director · represented by Siska Lecluyse
since 2022 · until 2028
Managing director · represented by Patrick Maselis
Also active at: KAAI 22, Agrobra, LOMAT, IFAST, ALIDIS, MNF INVEST
since 2022 · until 2028
Director · represented by Guy Maenhout
Also active at: KAAI 22, Agrobra, ROLLARIUS INVEST, DEBRAMA, MNF INVEST
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Kaaistraat 19
8800 Roeselare
Trakelweg 4/6
8800 Roeselare
Active since 20 September 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →KAAI 22 same network
€ -645,275 gross margin · 2025
Agrobra same network
€ 64,631 gross margin · 2025
LOMAT same network
€ 2.1 million gross margin · 2025
ROLLARIUS INVEST same network
€ 265,913 gross margin · 2025
Granero Industrio same network
€ 2.2 million gross margin · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.580.556
- VAT number
- BE 0405.580.556
- Registered office
- Kaaistraat 19, 8800 Roeselare
- Names & denominations
- MASELIS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 1943
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Vervaardiging van veevoeders
Vervaardiging van zetmeel en zetmeelproducten
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment
Verwerking en conservering van groenten, exclusief productie van diepgevroren groenten
Algemene bouw van andere niet-residentiële gebouwen
Optrekken van gebouwen voor industrieel of commercieel gebruik, voor landbouwdoeleinden, enz.
Verwerking en conservering van groenten
Groothandel in granen, zaden en diervoeders