Financials
Financial year 2025
MASSUGU INTERNATIONAL from Damme, company number BE0438583718, closed financial year 2025 with a result of € 20,075 after tax. For that financial year MASSUGU INTERNATIONAL recorded a gross margin of € 115,030 and equity of € 568,722. Compared with financial year 2024, the result moved from € 27,426 to € 20,075. The company is profitable. 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 June 30, 2026.
€ 568,722
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,075
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 29,490
▼ 51% 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 € 418,722.
People and assets in 2025
€ 45,630
▼ 3% 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.
€ 33,161
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 129,190
▼ 26% vs 2024
€ 45,308 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,528
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,774
▼ 62% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 174,233 | € 95,897 | € 131,291 | € 115,030 | ▼ 12% |
| Profit after taxes | € 64,215 | € -4,493 | € 27,426 | € 20,075 | ▼ 27% |
| Equity | € 525,714 | € 521,221 | € 548,647 | € 568,722 | ▲ 4% |
| Total debts | € 318,823 | € 308,611 | € 203,428 | € 141,492 | ▼ 30% |
| Cash | € 141,227 | € 52,288 | € 59,798 | € 29,490 | ▼ 51% |
| Land & buildings | € 503,709 | € 481,679 | € 464,325 | € 441,819 | ▼ 5% |
| Retained profit | € 375,714 | € 371,221 | € 398,647 | € 418,722 | ▲ 5% |
| Dividend | € 25,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 259,054 | € 263,235 | € 174,120 | € 129,190 | ▼ 26% |
| Balance sheet total | € 894,747 | € 829,831 | € 752,074 | € 710,214 | ▼ 6% |
Key figures of MASSUGU INTERNATIONAL, 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 MASSUGU INTERNATIONAL?
What happened at MASSUGU INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank Crols stepped down as director. NBB
- Maikel Crols stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 20,075 (▼ 27% vs 2024). Source: NBB ↗
- Frank Crols became a director. NBB
- Maikel Crols became a director. NBB
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,215 profit in 2022 to € 20,075 profit in 2025.
Paid € 119,675 in corporate taxes since 2022.
Best year ever: 2022, with € 64,215 profit.
Paid out € 25,000 in dividends to the owners in total.
A new publication or filing at MASSUGU INTERNATIONAL? We notify you, reason included.
Follow MASSUGU INTERNATIONALDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Frank Crols
Managing director
since 2023 · until 2029
Maikel Crols
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Bolakkerstraat 5
8340 Damme
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.583.718
- VAT number
- BE 0438.583.718
- Registered office
- Bolakkerstraat 5, 8340 Damme
- Names & denominations
- MASSUGU INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 1989
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Groothandel in niet-elektrische huishoudelijke artikelen
Groothandel in parfumerieën en cosmetica
Groothandel in andere consumentenartikelen, neg
Overige groothandel in consumentenartikelen, n.e.g.