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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MASICO from Namur, company number BE0474757788, closed financial year 2025 with a result of € 177,146 after tax. For that financial year MASICO recorded a gross margin of € 312,150 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 122,078 to € 177,146. 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 January 29, 2026.
€ 1.1 million
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 177,146
▲ 45% vs 2024
Profit after tax over the fiscal year.
€ 593,059
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 473,684 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 1,703
▼ 14% 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.
€ 4,000
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 | € 464,462 | € 212,763 | € 259,032 | € 312,150 | ▲ 21% |
| Profit after taxes | € 265,926 | € 146,356 | € 122,078 | € 177,146 | ▲ 45% |
| Equity | € 1,146,539 | € 1,292,895 | € 1,414,972 | € 1,118,434 | ▼ 21% |
| Total debts | € 36,369 | € 6,229 | € 5,707 | € 478,741 | ▲ € 473,034 |
| Cash | € 635,447 | € 613,256 | € 551,874 | € 593,059 | ▲ 7% |
| Retained profit | € 1,134,139 | € 1,280,495 | € 1,402,572 | € 1,106,034 | ▼ 21% |
| Dividend | € 250,000 | € 0 | € 0 | € 473,684 | |
| Bank debt | € 541 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,182,908 | € 1,299,124 | € 1,420,679 | € 1,597,175 | ▲ 12% |
Key figures of MASICO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MASICO?
What happened at MASICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 177,146 (▲ 45% vs 2024). Source: NBB ↗
- Vincent Lejeune became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 265,926 profit in 2022 to € 177,146 profit in 2025.
Paid € 309,812 in corporate taxes since 2022.
Best year ever: 2022, with € 265,926 profit.
Paid out € 723,684 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Vincent Lejeune
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Avenue de la Citadelle(JB) 69
5100 Namur
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.757.788
- VAT number
- BE 0474.757.788
- Registered office
- Avenue de la Citadelle(JB) 69, 5100 Namur
- Names & denominations
- MASICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2001
- Peppol
- Not registered