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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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Lemaire & Massillon from Liège, company number BE0465386204, closed financial year 2025 with a result of € -9,399 after tax. For that financial year Lemaire & Massillon recorded a gross margin of € 90,740 and equity of € 672,983. Compared with financial year 2024, the result moved from € 4,533 to € -9,399. The company made a loss. 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 June 16, 2026.
€ 672,983
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,399
▼ still € 4,533 profit in 2024
Profit after tax over the fiscal year.
€ 103,409
▲ € 81,023 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 197,983.
Debts at end 2025
€ 352,550
▼ 18% vs 2024
€ 44,800 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 11,981
▲ 120% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 226,182 | € 97,405 | € 94,120 | € 90,740 | ▼ 4% |
| Profit after taxes | € 71,593 | € 2,945 | € 4,533 | € -9,399 | ▼ € 13,932 |
| Equity | € 735,632 | € 738,576 | € 743,109 | € 672,983 | ▼ 9% |
| Total debts | € 1,309,915 | € 977,122 | € 816,383 | € 853,306 | ▲ 5% |
| Cash | € 19,159 | € 113,536 | € 22,385 | € 103,409 | ▲ € 81,023 |
| Land & buildings | € 828,648 | € 808,716 | € 790,497 | € 782,294 | ▼ 1% |
| Retained profit | € 260,632 | € 263,576 | € 268,109 | € 197,983 | ▼ 26% |
| Dividend | € 0 | € 0 | € 0 | € 60,727 | |
| Bank debt | € 591,169 | € 506,187 | € 430,351 | € 352,550 | ▼ 18% |
| Balance sheet total | € 2,045,547 | € 1,715,698 | € 1,559,493 | € 1,526,289 | ▼ 2% |
Key figures of Lemaire & Massillon, 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 Lemaire & Massillon?
What happened at Lemaire & Massillon in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,399 (▼ € 13,932 vs 2024). Source: NBB ↗
- Pauline Massillon became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 71,593 profit in 2022 to € 9,399 loss in 2025.
Paid € 35,738 in corporate taxes since 2022.
Best year ever: 2022, with € 71,593 profit.
Paid out € 60,727 in dividends to the owners in total.
A new publication or filing at Lemaire & Massillon? 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
Management
Behind Lemaire & Massillon are Pauline Massillon and massillon philippe. Pauline Massillon is also behind S.A. ECOGEST and SOCIETE DE CONSEIL ET DE GESTION IMMOBILIERE.
Directors
According to the 2025 annual accounts
Pauline Massillon
Director
Also active at: S.A. ECOGEST, SOCIETE DE CONSEIL ET DE GESTION IMMOBILIERE
since 2024
massillon philippe
Director
Establishments
Establishment units
Physical locations of this company
Rue Nysten 36
4000 Liège
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 →S.A. ECOGEST same network
€ 329,606 gross margin · 2025
SOCIETE DE CONSEIL ET DE GESTION IMMOBILIERE same network
€ 10,836 gross margin · 2025
SOCIETE DE GESTION ET DE VALORISATION IMMOBILIERE
€ 420,048 gross margin · 2025
SOGESPRO
€ 44,000 gross margin · 2025
Association des Copropriétaires Résidence Nysten à Liège Rue Nysten 36
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.386.204
- VAT number
- BE 0465.386.204
- Registered office
- Rue Nysten 36, 4000 Liège
- Names & denominations
- Lemaire & Massillon
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 1999
- Peppol
- Not registered