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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GROEP MASUREEL VEREDELING from Wevelgem, company number BE0449772172, closed financial year 2025 with a result of € -1.1 million after tax. For that financial year GROEP MASUREEL VEREDELING recorded revenue of € 12.5 million and equity of € 1 million. Compared with financial year 2024, the result moved from € -2.6 million to € -1.1 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2026.
€ 1 million
▲ € 1.9 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▲ 56 % less loss than in 2024
Profit after tax over the fiscal year.
€ 98,808
▲ € 96,735 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3 million.
People and assets in 2025
57.1
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
€ 55,200 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.
€ 628,427
▼ 25% vs 2024
Of which on lease € 623,463.
Debts at end 2025
€ 187,584
▼ 58% vs 2024
Loans from banks and other lenders, long and short.
€ 2.8 million
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 93 days on average.
€ 1.2 million
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,418,941 | € 13,624,452 | € 13,180,214 | € 12,521,715 | ▼ 5% |
| Profit after taxes | € -298,014 | € -1,072,738 | € -2,580,440 | € -1,129,897 | ▲ € 1.5 million |
| Equity | € 2,850,975 | € 1,761,920 | € -834,837 | € 1,018,949 | ▲ € 1.9 million |
| Total debts | € 6,355,453 | € 8,180,893 | € 8,626,125 | € 5,098,853 | ▼ 41% |
| Cash | € 34,278 | € 1,828 | € 2,073 | € 98,808 | ▲ € 96,735 |
| Retained profit | € 1,745,499 | € 672,761 | € -1,907,678 | € -3,037,575 | ▼ € 1.1 million |
| Bank debt | € 1,403,629 | € 816,919 | € 448,499 | € 187,584 | ▼ 58% |
| Balance sheet total | € 9,206,428 | € 9,942,812 | € 7,791,288 | € 6,117,801 | ▼ 21% |
| Employees (FTE) | 58.6 | 58.6 | 58.6 | 57.1 | ▼ 1.5 |
Key figures of GROEP MASUREEL VEREDELING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GROEP MASUREEL VEREDELING?
What happened at GROEP MASUREEL VEREDELING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- THIMACON BV stepped down as director. NBB
- FIN-COL NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.1 million. Source: NBB ↗
- THIMACON BV became a director. NBB
- FIN-COL NV became a director. NBB
- New establishment in Wevelgem. KBO
- New establishment in Wevelgem. KBO
- New establishment in Wevelgem. KBO
In short
From € 298,014 loss in 2022 to € 1.1 million loss in 2025.
Paid € 3,445 in corporate taxes since 2022.
Pays suppliers within 93 days on average.
Management
The stake of FIN - COL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GROEP MASUREEL VEREDELINGThe shares are held by FIN - COL (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zuidstraat 18
8560 Wevelgem
Zuidstraat 10
8560 Wevelgem
Active since 18 February 2013
Zuidstraat 12
8560 Wevelgem
Active since 1 February 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
DNS
Cloudflare DNS
Domain
Domain
masureel-group.com
Registered
2000-04-17
Registrar
NameWeb BVBA
Expires
2027-04-17
Website info
Features
Security
Details
- Company number
- 0449.772.172
- VAT number
- BE 0449.772.172
- Registered office
- Zuidstraat 18, 8560 Wevelgem
- Names & denominations
- GROEP MASUREEL VEREDELING · @MASUREEL WEVELGEM@,@MASUREEL HULSTE@,@BLEKERIJ VAN KORTRIJK@
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1993
- Peppol
- Active · Active since 22 Oct 2025
- Contact
- masureel-group.com
- Activities · NACE
Textielveredeling
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