Financials
Financial year 2025
MASSINISSA from Sint-Agatha-Berchem, company number BE0457843562, closed financial year 2025 with a result of € 8,442 after tax. For that financial year MASSINISSA recorded a gross margin of € 22,904 and equity of € 50,945. Compared with financial year 2024, the result moved from € 707 to € 8,442. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 21, 2026.
€ 50,945
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,442
▲ € 7,735 vs 2024
Profit after tax over the fiscal year.
€ 20,748
▲ € 15,954 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 11,400 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 969
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 26,852
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,007
▲ € 4,280 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 116
▲ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 83,291 | € 57,702 | - | |
| Gross margin | € 690 | € 20,135 | € 2,329 | € 22,904 | ▲ € 20,575 |
| Profit after taxes | € 607 | € 9,192 | € 707 | € 8,442 | ▲ € 7,735 |
| Equity | € 44,004 | € 53,197 | € 53,903 | € 50,945 | ▼ 5% |
| Total debts | € 114 | € 31,289 | € 23,505 | € 16,524 | ▼ 30% |
| Cash | € 16,872 | € 10,551 | € 4,794 | € 20,748 | ▲ € 15,954 |
| Retained profit | € 31,610 | € 40,802 | € 41,509 | € 38,550 | ▼ 7% |
| Dividend | € 0 | € 0 | € 0 | € 11,400 | |
| Bank debt | € 0 | € 31,209 | € 22,697 | € 0 | ▼ 100% |
| Balance sheet total | € 44,119 | € 84,485 | € 77,408 | € 67,469 | ▼ 13% |
Key figures of MASSINISSA, 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 MASSINISSA?
What happened at MASSINISSA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,442 (▲ € 7,735 vs 2024). Source: NBB ↗
- New establishment in Sint-Jans-Molenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 607 profit in 2022 to € 8,442 profit in 2025.
Paid € 3,306 in corporate taxes since 2022.
Best year ever: 2023, with € 9,192 profit.
Paid out € 11,400 in dividends to the owners in total.
Management
Behind MASSINISSA is Nasim Balhor.
Directors
According to the 2025 annual accounts
Nasim Balhor
Director
Establishments
Establishment units
Physical locations of this company
Dr Charles Leemansstraat 44
1082 Sint-Agatha-Berchem
Tamariskenlaan 43 box J1
1080 Sint-Jans-Molenbeek
Active since 11 September 1996
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.843.562
- VAT number
- BE 0457.843.562
- Registered office
- Dr Charles Leemansstraat 44, 1082 Sint-Agatha-Berchem
- Names & denominations
- MASSINISSA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 1996
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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