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.
€ 246,162
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,418
Profit after tax over the fiscal year.
€ 19,095
▼ 64% 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 € 202,562.
People and assets in 2025
0.9
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 58,709
▲ 149% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 186,970
▼ 5% vs 2024
€ 44,930 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 64,512
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,356
▲ 55% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 124,278 | € 147,510 | € 180,240 | € 191,806 | ▲ 6% |
| Profit after taxes | € 35,084 | € 34,336 | € 47,301 | € 47,418 | |
| Equity | € 117,107 | € 151,443 | € 198,744 | € 246,162 | ▲ 24% |
| Total debts | € 284,067 | € 383,109 | € 324,025 | € 325,730 | ▲ 1% |
| Cash | € 60,336 | € 58,427 | € 53,135 | € 19,095 | ▼ 64% |
| Land & buildings | € 130,109 | € 125,128 | € 120,148 | € 115,167 | ▼ 4% |
| Retained profit | € 73,507 | € 107,843 | € 155,144 | € 202,562 | ▲ 31% |
| Bank debt | € 159,683 | € 254,431 | € 195,923 | € 186,970 | ▼ 5% |
| Balance sheet total | € 401,174 | € 534,552 | € 522,769 | € 571,892 | ▲ 9% |
| Employees (FTE) | 1.4 | 1 | 0.9 | 0.9 |
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:
- New annual accounts for financial year 2025: profit of € 47,418. Source: NBB ↗
- Hilda Nauwelaers became a director. NBB
- Marc Masset became a director. NBB
- New establishment in Zandhoven. KBO
- 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.
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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
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
Liersebaan 6/2
2240 Zandhoven
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