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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 4.1 to 2.
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Late annual account NBB
Fiscal year 2024 was filed 250 days after the legal deadline.
Financials
Financial year 2024
Massive Properties EuV Belgium from Hechtel-Eksel, company number BE0702939006, closed financial year 2024 with a result of € -114,015 after tax. For that financial year Massive Properties EuV Belgium recorded a gross margin of € 22,021 and equity of € -996,760. Compared with financial year 2023, the result moved from € -382,939 to € -114,015. 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 April 7, 2026.
€ -996,760
▼ € 114,015 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -114,015
▲ 70 % less loss than in 2023
Profit after tax over the fiscal year.
€ 3,065
▲ € 2,468 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2024
2
▼ 2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 71,643
▼ 67% vs 2023
€ 35,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,519
▼ 56% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 826,174
▲ 3% vs 2023
Loans from banks and other lenders, long and short.
€ 134,166
▲ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 30,566
▼ 49% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -46,197 | € -152,535 | € -105,891 | € 22,021 | ▲ € 127,912 |
| Profit after taxes | € -137,346 | € -401,204 | € -382,939 | € -114,015 | ▲ € 268,925 |
| Equity | € -98,602 | € -499,805 | € -882,745 | € -996,760 | ▼ € 114,015 |
| Total debts | € 267,878 | € 706,765 | € 1,019,611 | € 1,091,423 | ▲ 7% |
| Cash | € 17,878 | € 23,909 | € 597 | € 3,065 | ▲ € 2,468 |
| Retained profit | € -273,602 | € -674,805 | € -1,057,745 | € -1,171,760 | ▼ € 114,015 |
| Bank debt | € 0 | € 597,553 | € 800,023 | € 826,174 | ▲ 3% |
| Balance sheet total | € 169,276 | € 206,960 | € 136,866 | € 94,663 | ▼ 31% |
| Employees (FTE) | 2.3 | 4.1 | 4 | 2 | ▼ 2 |
Key figures of Massive Properties EuV Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Massive Properties EuV Belgium?
What happened at Massive Properties EuV Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 114,015. filed late Source: NBB ↗
- Gert Laenen became a director. NBB
- Thomas Moraux became a director. NBB
- New establishment in Hechtel-Eksel. KBO
- Start of the company according to the CBE. KBO
In short
From € 137,346 loss in 2021 to € 114,015 loss in 2024.
On average € 11,000 of value added per employee in 2024.
Management
Behind Massive Properties EuV Belgium are Gert Laenen and Thomas Moraux.
Directors
According to the 2024 annual accounts
Gert Laenen
Director
since 2021
Thomas Moraux
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Lommelsebaan 1
3940 Hechtel-Eksel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0702.939.006
- VAT number
- BE 0702.939.006
- Registered office
- Lommelsebaan 1, 3940 Hechtel-Eksel
- Names & denominations
- Massive Properties EuV Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 September 2018
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Overige zakelijke dienstverlening, neg