What does Masset Projects do?

Masset Projects is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 22 April 1998, 1 establishment.

What is the address of Masset Projects?

The registered office of Masset Projects is located at Liersebaan 6/2, 2240 Zandhoven.

Is Masset Projects still active?

Yes. According to the CBE (31 October 2026) Masset Projects is active, legal situation “Normale toestand”, started on 22 April 1998.

Is Masset Projects registered on Peppol?

Yes, Masset Projects is registered on the Peppol network with ID 0208:0463224884.

What is the enterprise number of Masset Projects?

The enterprise number of Masset Projects is BE0463224884.

When was Masset Projects founded?

Masset Projects was founded on 22 April 1998.

Who are the directors of Masset Projects?

According to the 2025 annual accounts, the directors of Masset Projects are: Hilda Nauwelaers, Marc Masset.

Is Masset Projects a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 April 1998; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Masset Projects make in 2025?

Masset Projects posted a profit after taxes of € 47,418 in financial year 2025.

What is the revenue of Masset Projects?

As a small company, Masset Projects is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 191,806.

How much does an employee at Masset Projects earn?

The average wage cost per full-time employee at Masset Projects was € 72,100 in 2023: staff costs of € 72,055 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Masset Projects have?

According to the 2025 annual accounts, Masset Projects has 0.9 full-time equivalents (FTE).

Masset Projects (Private Limited) - Zandhoven

Dossier Masset Projects, printed on 1 November 2026 from databakkes.be/en/0463224884/masset-projects. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Masset Projects from Zandhoven, company number BE0463224884, closed financial year 2025 with a result of € 47,418 after tax. For that financial year Masset Projects recorded a gross margin of € 191,806 and equity of € 246,162. Compared with financial year 2024, the result moved from € 47,301 to € 47,418. Profitable, and profit is growing. 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 12, 2026.

What it is worth Growing

€ 246,162

▲ 24% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 47,418

Profit after tax over the fiscal year.

Cash in the bank

€ 19,095

▼ 64% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 202,562.

People and assets in 2025

Full-time equivalents

0.9

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 71,567

▲ 1% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 58,709

▲ 149% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 186,970

▼ 5% vs 2024

€ 44,930 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 64,512

▲ 16% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 27,356

▲ 55% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 124,278 Gross margin 2022: € 124,278 First fiscal year in the series	€ 147,510 Gross margin 2023: € 147,510 ▲ 19% vs 2022 (€ 124,278) Favourable step	€ 180,240 Gross margin 2024: € 180,240 ▲ 22% vs 2023 (€ 147,510) Favourable step	€ 191,806 Gross margin 2025: € 191,806 ▲ 6% vs 2024 (€ 180,240) Favourable step	▲ 6%
Profit after taxes	€ 35,084 Profit after taxes 2022: € 35,084 First fiscal year in the series	€ 34,336 Profit after taxes 2023: € 34,336 ▼ 2% vs 2022 (€ 35,084) Unfavourable step	€ 47,301 Profit after taxes 2024: € 47,301 ▲ 38% vs 2023 (€ 34,336) Favourable step	€ 47,418 Profit after taxes 2025: € 47,418 Unchanged (€ 47,301) Favourable step
Equity	€ 117,107 Equity 2022: € 117,107 First fiscal year in the series	€ 151,443 Equity 2023: € 151,443 ▲ 29% vs 2022 (€ 117,107) Favourable step	€ 198,744 Equity 2024: € 198,744 ▲ 31% vs 2023 (€ 151,443) Favourable step	€ 246,162 Equity 2025: € 246,162 ▲ 24% vs 2024 (€ 198,744) Favourable step	▲ 24%
Total debts	€ 284,067 Total debts 2022: € 284,067 First fiscal year in the series	€ 383,109 Total debts 2023: € 383,109 ▲ 35% vs 2022 (€ 284,067) Unfavourable step	€ 324,025 Total debts 2024: € 324,025 ▼ 15% vs 2023 (€ 383,109) Favourable step	€ 325,730 Total debts 2025: € 325,730 ▲ 1% vs 2024 (€ 324,025) Unfavourable step	▲ 1%
Cash	€ 60,336 Cash 2022: € 60,336 First fiscal year in the series	€ 58,427 Cash 2023: € 58,427 ▼ 3% vs 2022 (€ 60,336) Unfavourable step	€ 53,135 Cash 2024: € 53,135 ▼ 9% vs 2023 (€ 58,427) Unfavourable step	€ 19,095 Cash 2025: € 19,095 ▼ 64% vs 2024 (€ 53,135) Unfavourable step	▼ 64%
Land & buildings	€ 130,109 Land & buildings 2022: € 130,109 First fiscal year in the series	€ 125,128 Land & buildings 2023: € 125,128 ▼ 4% vs 2022 (€ 130,109) Unchanged	€ 120,148 Land & buildings 2024: € 120,148 ▼ 4% vs 2023 (€ 125,128) Unchanged	€ 115,167 Land & buildings 2025: € 115,167 ▼ 4% vs 2024 (€ 120,148) Unchanged	▼ 4%
Retained profit	€ 73,507 Retained profit 2022: € 73,507 First fiscal year in the series	€ 107,843 Retained profit 2023: € 107,843 ▲ 47% vs 2022 (€ 73,507) Favourable step	€ 155,144 Retained profit 2024: € 155,144 ▲ 44% vs 2023 (€ 107,843) Favourable step	€ 202,562 Retained profit 2025: € 202,562 ▲ 31% vs 2024 (€ 155,144) Favourable step	▲ 31%
Bank debt	€ 159,683 Bank debt 2022: € 159,683 First fiscal year in the series	€ 254,431 Bank debt 2023: € 254,431 ▲ 59% vs 2022 (€ 159,683) Unfavourable step	€ 195,923 Bank debt 2024: € 195,923 ▼ 23% vs 2023 (€ 254,431) Favourable step	€ 186,970 Bank debt 2025: € 186,970 ▼ 5% vs 2024 (€ 195,923) Favourable step	▼ 5%
Balance sheet total	€ 401,174 Balance sheet total 2022: € 401,174 First fiscal year in the series	€ 534,552 Balance sheet total 2023: € 534,552 ▲ 33% vs 2022 (€ 401,174) Unchanged	€ 522,769 Balance sheet total 2024: € 522,769 ▼ 2% vs 2023 (€ 534,552) Unchanged	€ 571,892 Balance sheet total 2025: € 571,892 ▲ 9% vs 2024 (€ 522,769) Unchanged	▲ 9%
Employees (FTE)	1.4 Employees (FTE) 2022: 1.4 First fiscal year in the series	1 Employees (FTE) 2023: 1 ▼ 0.4 vs 2022 (1.4) Unchanged	0.9 Employees (FTE) 2024: 0.9 ▼ 0.1 vs 2023 (1) Unchanged	0.9 Employees (FTE) 2025: 0.9 Unchanged (0.9) Unchanged

Key figures of Masset Projects, 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 Masset Projects?

What happened at Masset Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 12, 2026 New annual accounts for financial year 2025: profit of € 47,418. Source: NBB ↗
2017 Hilda Nauwelaers became a director. NBB
2004 Marc Masset became a director. NBB
Nov 26, 2002 New establishment in Zandhoven. KBO
Apr 22, 1998 Start of the company according to the CBE. KBO

In short

From € 35,084 profit in 2022 to € 47,418 profit in 2025.

Paid € 58,641 in corporate taxes since 2022.

Best year ever: 2025, with € 47,418 profit.

On average € 147,500 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Hilda Nauwelaers 50%

Marc Masset 50%

Masset Projects

Behind Masset Projects are Hilda Nauwelaers and Marc Masset. The shares are held by Hilda Nauwelaers (50%) and Marc Masset (50%).

Directors

According to the 2025 annual accounts

Hilda Nauwelaers

Director

Owns 50% directly

since 2017

Marc Masset

Director

Owns 50% directly

since 2004

Shareholders

Hilda Nauwelaers · director

50%

Marc Masset · director

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Liersebaan 6/2

2240 Zandhoven

2.113.800.343

Liersebaan 6 box 2

2240 Zandhoven

Active since 26 November 2002

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0463.224.884

VAT number

BE 0463.224.884

Registered office

Liersebaan 6/2, 2240 Zandhoven

Names & denominations

Masset Projects

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 April 1998

Peppol

Active · Active since 10 Dec 2025

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Activiteiten van holdings

Managementactiviteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Masset Projects

Financials

What happened to Masset Projects?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions