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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Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
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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 2023
Joaillerie Massis from Seneffe, company number BE0507891703, closed financial year 2023 with a result of € -134,496 after tax. For that financial year Joaillerie Massis recorded a gross margin of € -78,719 and equity of € -119,333. Compared with financial year 2022, the result moved from € -13,893 to € -134,496. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2024.
€ -119,333
▼ € 134,496 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -134,496
▼ 868 % more loss than in 2022
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -137,933.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,238
▼ 54% vs 2022
Of which on lease € 2,006.
Debts at end 2023
€ 9,089
▲ 117% vs 2022
Loans from banks and other lenders, long and short.
€ 118,046
▲ € 113,766 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 2,626
▼ 93% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 196,452 | € 15,942 | € -78,719 | ▼ € 94,661 |
| Profit after taxes | € 112,365 | € -13,893 | € -134,496 | ▼ € 120,603 |
| Equity | € 29,056 | € 15,163 | € -119,333 | ▼ € 134,496 |
| Total debts | € 193,522 | € 52,608 | € 307,503 | ▲ € 254,895 |
| Cash | € 2,076 | € 3,131 | - | |
| Retained profit | € 10,456 | € -3,437 | € -137,933 | ▼ € 134,496 |
| Bank debt | € 14,378 | € 4,183 | € 9,089 | ▲ 117% |
| Balance sheet total | € 222,578 | € 67,771 | € 188,170 | ▲ 178% |
| Employees (FTE) | 0.3 | - | - |
Key figures of Joaillerie Massis, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Joaillerie Massis?
What happened at Joaillerie Massis in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 134,496. filed late Source: NBB ↗
- New establishment in Genappe. KBO
- New establishment in Braine-l'Alleud. KBO
- Start of the company according to the CBE. KBO
In short
From € 112,365 profit in 2021 to € 134,496 loss in 2023.
Paid € 37,735 in corporate taxes since 2021.
Best year ever: 2021, with € 112,365 profit.
Management
Behind Joaillerie Massis is Murat Kurtulus.
Directors
According to the 2023 annual accounts
Murat Kurtulus
Director
Establishments
Establishment units
Physical locations of this company
Chaussée de Nivelles 167
7181 Seneffe
Av Béatrice Cusance 40
1420 Braine-l'Alleud
Active since 5 January 2015
Route de Lillois 62
1472 Genappe
Active since 1 April 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →"LDz Compagnie franco-belge de distribution" en abrégé "LDz" en français et "LDz frans-belgische detailhandel maatschappij" en abrégé "LDz" en néerlandais
€ 2.4 million revenue · 2025
CERTEX
€ -5,280 gross margin · 2025
HMY BENELUX
€ 294,397 gross margin · 2025
CENTRE DE RECHERCHE ET DE DEVELOPPEMENT DE L'ECAM
€ 519,394 gross margin · 2025
CSB - Partners
€ 53,204 gross margin · 2025
+44 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0507.891.703
- VAT number
- BE 0507.891.703
- Registered office
- Chaussée de Nivelles 167, 7181 Seneffe
- Names & denominations
- Joaillerie Massis
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2015
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van beddengoed, tafellinnen en textielwaren voor huishoudelijk gebruik
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding
Groothandel in behang, verf en woningtextiel
Carrosserieherstelling (inclusief spuiten en verven)
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in huishoudtextiel en beddengoed
+5