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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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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
MASINI from Opwijk, company number BE0654922224, closed financial year 2025 with a result of € -11,203 after tax. For that financial year MASINI recorded a gross margin of € -7,104 and equity of € 149,055. Compared with financial year 2024, the result moved from € -7,103 to € -11,203. 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 September 9, 2026.
€ 149,055
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,203
▼ 58 % more loss than in 2024
Profit after tax over the fiscal year.
€ 112
▼ € 46,083 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 130,455.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,613
▲ 232% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,563
▼ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -116,990 | € 217,324 | € -2,826 | € -7,104 | ▼ € 4,277 |
| Profit after taxes | € -126,931 | € 126,391 | € -7,103 | € -11,203 | ▼ € 4,100 |
| Equity | € 34,505 | € 231,582 | € 160,258 | € 149,055 | ▼ 7% |
| Total debts | € 543,002 | € 91,725 | € 153,150 | € 103,461 | ▼ 32% |
| Cash | - | € 124,371 | € 46,195 | € 112 | ▼ € 46,083 |
| Retained profit | € 15,905 | € 212,982 | € 141,658 | € 130,455 | ▼ 8% |
| Bank debt | € 196 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 577,507 | € 323,307 | € 313,408 | € 252,516 | ▼ 19% |
Key figures of MASINI, 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 MASINI?
What happened at MASINI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,203. filed late Source: NBB ↗
- Bavo De Man became a director. NBB
- New establishment in Opwijk. KBO
- Start of the company according to the CBE. KBO
- Siegfried Decoster became a director. NBB
- Mario Timmers became a director. NBB
In short
From € 126,931 loss in 2022 to € 11,203 loss in 2025.
Paid € 50,364 in corporate taxes since 2022.
Best year ever: 2023, with € 126,391 profit.
Management
Behind MASINI are Bavo De Man, Siegfried Decoster and Mario Timmers. Bavo De Man is also behind SDM ENGINEERING, Tre-Invest, Farendijs and SDM PROJECTS. Siegfried Decoster is also behind New International Youth Home, KANTOFF, ABSSIS, C + I and IMMO HOFSTADE. Mario Timmers is also behind WOUTIM, M.T.I., Woutim Home Interiors, MARIO TIMMERS MANAGEMENT and IMMO HOFSTADE.
Directors
According to the 2025 annual accounts
Bavo De Man
Administrator-manager
Also active at: SDM ENGINEERING, Tre-Invest, Farendijs, SDM PROJECTS
since 2019
Siegfried Decoster
Administrator-manager
Also active at: New International Youth Home, KANTOFF, ABSSIS, C + I, IMMO HOFSTADE, BangSaapje, BRISI INVEST, Inpro
since 2016
Mario Timmers
Administrator-manager
Also active at: WOUTIM, M.T.I., Woutim Home Interiors, MARIO TIMMERS MANAGEMENT, IMMO HOFSTADE, LEXIGOGO, PYM
since 2016
Establishments
Establishment units
Physical locations of this company
De Vlaamse Staak 1 box 1
1745 Opwijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Crejaksie
BOONE
€ 1.4 million gross margin · 2025
1000 OHM
€ 322,142 gross margin · 2024
ALLROADMOTO
€ -59,750 gross margin · 2025
VERENIGING VAN MEDE-EIGENAARS KMO-PARK DE VLAAMSE STAAK TE 1745 OPWIJK, VLAAMSE STAAK 1
+3 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
- 0654.922.224
- VAT number
- BE 0654.922.224
- Registered office
- De Vlaamse Staak 1 bus 1, 1745 Opwijk
- Names & denominations
- MASINI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2016
- Peppol
- Not registered
- Activities · NACE
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