Financials
Financial year 2025
Gross margin
€ -87,819
▲ 2% vs 2024
Profit
Healthy€ 1 million
▼ 42% vs 2024
Debts
Low€ 4 million
▲ 5% vs 2024
MASEL from La Hulpe, company number BE0448835331, closed financial year 2025 with a result of € 1 million after tax. For that financial year MASEL recorded a gross margin of € -87,819 and equity of € 21.6 million. Compared with financial year 2024, the result moved from € 1.8 million to € 1 million. 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 16, 2026.
What happened at MASEL?
What happened at MASEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marie-Claire Annie de SELLIERS de MORANVILLE stepped down as director. NBB
- Pieter Vercruysse stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1 million (▼ 42% vs 2024). Source: NBB ↗
- Marie-Claire Annie de SELLIERS de MORANVILLE became a director. NBB
- Pieter Vercruysse became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 944,917 profit in 2021 to € 1 million profit in 2025.
Paid € 613,470 in corporate taxes since 2021.
Best year ever: 2024, with € 1.8 million profit.
Paid out € 3.3 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
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Management
Establishments
Establishment units
Physical locations of this company
Rue Clément Delpierre 67
1310 La Hulpe
Terhulpsesteenweg 150
1170 Watermaal-Bosvoorde
Active since 10 March 1993
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.835.331
- VAT number
- BE 0448.835.331
- Registered office
- Rue Clément Delpierre 67, 1310 La Hulpe
- Names & denominations
- MASEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 1992
- Peppol
- Not registered