Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MASSART Bertrand from Ham-sur-Heure-Nalinnes, company number BE0451905083, closed financial year 2025 with a result of € 10,597 after tax. For that financial year MASSART Bertrand recorded a gross margin of € 522,470 and equity of € 697,306. Compared with financial year 2024, the result moved from € 16,538 to € 10,597. 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 August 28, 2026.
€ 697,306
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,597
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 19,683
▼ 44% 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 € 642,546.
People and assets in 2025
9
Average over the fiscal year, from the social balance sheet.
€ 373,077
▼ 9% vs 2024
€ 41,500 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.
€ 298,241
▼ 15% vs 2024
Of which on lease € 245,826.
Debts at end 2025
€ 682,585
▼ 14% vs 2024
€ 91,681 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 78,186
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,639
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 862,272 | € 625,620 | € 580,235 | € 522,470 | ▼ 10% |
| Profit after taxes | € 209,945 | € 49,239 | € 16,538 | € 10,597 | ▼ 36% |
| Equity | € 625,222 | € 673,031 | € 688,139 | € 697,306 | ▲ 1% |
| Total debts | € 962,393 | € 1,255,298 | € 1,141,291 | € 1,243,369 | ▲ 9% |
| Cash | € 195,373 | € 42,221 | € 35,201 | € 19,683 | ▼ 44% |
| Land & buildings | € 663,191 | € 625,135 | € 587,080 | € 549,025 | ▼ 6% |
| Retained profit | € 566,172 | € 615,411 | € 631,949 | € 642,546 | ▲ 2% |
| Bank debt | € 619,166 | € 943,565 | € 791,057 | € 682,585 | ▼ 14% |
| Balance sheet total | € 1,587,616 | € 1,928,329 | € 1,829,430 | € 1,940,675 | ▲ 6% |
| Employees (FTE) | 10.2 | 8.3 | 9 | 9 |
Key figures of MASSART Bertrand, 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 MASSART Bertrand?
What happened at MASSART Bertrand in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,597 (▼ 36% vs 2024). filed late Source: NBB ↗
- New establishment in Ham-sur-Heure-Nalinnes. KBO
- New establishment in Ham-sur-Heure-Nalinnes. KBO
- Start of the company according to the CBE. KBO
In short
From € 209,945 profit in 2022 to € 10,597 profit in 2025.
Paid € 116,550 in corporate taxes since 2022.
Best year ever: 2022, with € 209,945 profit.
On average € 58,100 of value added per employee in 2025.
A new publication or filing at MASSART Bertrand? 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
Establishments
Establishment units
Physical locations of this company
Fonds des Bosquets(CSH) 16
6120 Ham-sur-Heure-Nalinnes
Fonds des Bosquets(CSH) 16 box B
6120 Ham-sur-Heure-Nalinnes
Active since 23 February 1994
Rue des Haies(NAL) 28
6120 Ham-sur-Heure-Nalinnes
Active since 1 January 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.905.083
- VAT number
- BE 0451.905.083
- Registered office
- Fonds des Bosquets(CSH) 16, 6120 Ham-sur-Heure-Nalinnes
- Names & denominations
- MASSART Bertrand
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 1994
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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