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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
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MASABI CAPITAL from Ravels, company number BE0447182668, closed financial year 2025 with a result of € 23,041 after tax. For that financial year MASABI CAPITAL recorded a gross margin of € -88 and equity of € 287,927. Compared with financial year 2024, the result moved from € 14,177 to € 23,041. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 287,927
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,041
▲ 63% vs 2024
Profit after tax over the fiscal year.
€ 30,738
▼ 73% 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 € 269,327.
Debts at end 2025
€ 5.1 million
▲ 48% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,203 | € -85 | € -283 | € -88 | ▲ € 195 |
| Profit after taxes | € -1,691 | € 29,475 | € 14,177 | € 23,041 | ▲ 63% |
| Equity | € 221,234 | € 250,709 | € 264,886 | € 287,927 | ▲ 9% |
| Total debts | € 3,250,000 | € 3,400,000 | € 3,456,514 | € 5,122,750 | ▲ 48% |
| Cash | € 1,250,891 | € 146,683 | € 113,270 | € 30,738 | ▼ 73% |
| Retained profit | € 202,634 | € 232,109 | € 246,286 | € 269,327 | ▲ 9% |
| Bank debt | € 3,250,000 | € 3,400,000 | € 3,450,000 | € 5,100,000 | ▲ 48% |
| Balance sheet total | € 3,471,234 | € 3,650,709 | € 3,721,400 | € 5,410,677 | ▲ 45% |
Key figures of MASABI CAPITAL, 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 CAPITAL?
What happened at MASABI CAPITAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,041 (▲ 63% vs 2024). Source: NBB ↗
- FLANDERS INTERIORS became a director. NBB
- CHAPUNGU BEHEER became a director. NBB
- New establishment in Ravels. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,691 loss in 2022 to € 23,041 profit in 2025.
Paid € 22,129 in corporate taxes since 2022.
Best year ever: 2023, with € 29,475 profit.
Management
The stake of 'T HUISJE AAN DE WATERKANT, CHAPUNGU BEHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MASABI CAPITALBehind MASABI CAPITAL are FLANDERS INTERIORS and CHAPUNGU BEHEER. The shares are held by 'T HUISJE AAN DE WATERKANT (100%) and CHAPUNGU BEHEER (50%). It owns 100% of Bedrijvencentrum Merksplas, 30% of Vertora and 20% of EXPERIENCE LAND itself.
Directors
According to the 2025 annual accounts
since 2022
Director · represented by Margareta De Wolf
Also active at: MASABI, IMMO GLOBAL, BELIMAR
since 2022
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Polderstraat 34
2381 Ravels
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →MASABI same network
€ 1 million gross margin · 2025
CEFIAC - CENTRUM VOOR FISCALITEIT EN ACCOUNTANCY
€ 228,694 gross margin · 2025
Tecno-Dis
€ -88 gross margin · 2025
BEDRIJVENCENTRUM MERKSPLAS same network
€ 118,903 gross margin · 2025
IMMO GLOBAL same network
€ 193,180 gross margin · 2025
+12 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
- 0447.182.668
- VAT number
- BE 0447.182.668
- Registered office
- Polderstraat 34, 2381 Ravels
- Names & denominations
- MASABI CAPITAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 April 1992
- Peppol
- Active · Active since 30 Oct 2025