Warning lights
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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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MASIFOR from Anderlecht, company number BE0449361408, closed financial year 2025 with a result of € 102,784 after tax. For that financial year MASIFOR recorded a gross margin of € 249,969 and equity of € 450,362. Compared with financial year 2024, the result moved from € 80,555 to € 102,784. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 450,362
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 102,784
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 52,813
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,000 paid out
24 % of the profit went to the shareholders, mostly to Immobilière du Triangle (80 % of the shares). That is where the money ends up.
Debts at end 2025
€ 1.2 million
▼ 14% vs 2024
€ 188,880 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 210,521 | € 224,113 | € 239,552 | € 249,969 | ▲ 4% |
| Profit after taxes | € 48,040 | € 61,158 | € 80,555 | € 102,784 | ▲ 28% |
| Equity | € 230,865 | € 292,023 | € 372,578 | € 450,362 | ▲ 21% |
| Total debts | € 2,417,289 | € 2,248,157 | € 2,021,247 | € 1,870,198 | ▼ 7% |
| Cash | € 69,622 | € 31,751 | € 52,484 | € 52,813 | ▲ 1% |
| Land & buildings | € 2,615,656 | € 2,532,311 | € 2,453,847 | € 2,375,144 | ▼ 3% |
| Retained profit | € 131,708 | € 192,866 | € 273,421 | € 351,205 | ▲ 28% |
| Dividend | € 0 | € 0 | € 0 | € 25,000 | |
| Bank debt | € 1,694,004 | € 1,518,086 | € 1,337,711 | € 1,155,843 | ▼ 14% |
| Balance sheet total | € 2,773,333 | € 2,660,417 | € 2,509,121 | € 2,430,915 | ▼ 3% |
Key figures of MASIFOR, 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 MASIFOR?
What happened at MASIFOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Steve Bromberg stepped down as director. NBB
- Good Morning SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 102,784 (▲ 28% vs 2024). Source: NBB ↗
- Steve Bromberg became a director. NBB
- Good Morning SRL became a director. NBB
- New establishment in Anderlecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,040 profit in 2022 to € 102,784 profit in 2025.
Best year ever: 2025, with € 102,784 profit.
Paid out € 25,000 in dividends to the owners in total.
A new publication or filing at MASIFOR? We notify you, reason included.
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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
The stake of Immobilière du Triangle, GOOD MORNING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MASIFORThe shares are held by Immobilière du Triangle (80%) and GOOD MORNING (20%).
Directors
According to the 2025 annual accounts
since 2012 · until 2030
Director · represented by Jacques Bromberg
Also active at: Glad Diffusion, Immobilière du Triangle, GALAXIE, UNION JACK, IMMOBILIERE FRANCO - BELGE, IMMOBILIERE GINAL
since 2012 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lambert Crickxstraat 9
1070 Anderlecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Glad Diffusion same network
€ 44,670 gross margin · 2025
Immobilière du Triangle same network
€ 2 million gross margin · 2025
GRENADINE
€ 6,551 gross margin · 2025
GALAXIE same network
€ 604,173 gross margin · 2025
GOOD MORNING same network
€ 302,991 gross margin · 2025
+4 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
- 0449.361.408
- VAT number
- BE 0449.361.408
- Registered office
- Lambert Crickxstraat 9, 1070 Anderlecht
- Names & denominations
- MASIFOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 1993
- Peppol
- Not registered