Financials
Financial year 2025
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ 347,184
▲ 1574% vs 2024
Profit
Caution€ -20,548
▲ 74% vs 2024
Debts
Low€ 2.3 million
▲ 1% vs 2024
MASITI from Gent, company number BE0479826039, closed financial year 2025 with a result of € -20,548 after tax. For that financial year MASITI recorded a gross margin of € 347,184 and equity of € 3.8 million. Compared with financial year 2024, the result moved from € -78,375 to € -20,548. 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 October 31, 2025.
What happened at MASITI?
What happened at MASITI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,548. Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
- Lode Waes became a director. NBB
In short
From € 184,628 profit in 2022 to € 20,548 loss in 2025.
Paid € 58,797 in corporate taxes since 2022.
Best year ever: 2022, with € 184,628 profit.
Paid out € 387,820 in dividends to the owners in total.
A new publication or filing at MASITI? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
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Management
Behind MASITI are Mathias Waes and Lode Waes. It owns 30% of CAAAP, 30% of Artes Terra and 30% of Artes Reno itself.
Directors
According to the 2025 annual accounts
Mathias Waes
Director
Lode Waes
Director
since 2003
Establishments
Establishment units
Physical locations of this company
Galjoenstraat 12 box 5.01
9000 Gent
Collegebaan 25A
9090 Merelbeke-Melle
Active since 14 April 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
Details
- Company number
- 0479.826.039
- VAT number
- BE 0479.826.039
- Registered office
- Galjoenstraat 12 bus 5.01, 9000 Gent
- Names & denominations
- MASITI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2003
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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