Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Masinope from Sint-Martens-Latem, company number BE0713793801, closed financial year 2025 with a result of € -58,566 after tax. For that financial year Masinope recorded a gross margin of € -51,305 and equity of € -36,231. Compared with financial year 2024, the result moved from € 2,029 to € -58,566. 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 21, 2026.
€ -36,231
▼ € 58,566 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -58,566
▼ still € 2,029 profit in 2024
Profit after tax over the fiscal year.
€ 1,881
▲ € 1,613 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -41,231.
Debts at end 2025
€ 21,757
▲ 215% vs 2024
€ 8,153 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 50,890
▲ € 41,712 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,391
▲ 72% vs 2024
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 | € 1,614 | € 12,623 | € 10,229 | € -51,305 | ▼ € 61,534 |
| Profit after taxes | € -3,098 | € 5,698 | € 2,029 | € -58,566 | ▼ € 60,595 |
| Equity | € 14,609 | € 20,307 | € 22,335 | € -36,231 | ▼ € 58,566 |
| Total debts | € 35,329 | € 33,682 | € 33,881 | € 88,302 | ▲ 161% |
| Cash | - | € 83 | € 268 | € 1,881 | ▲ € 1,613 |
| Retained profit | € 9,609 | € 15,307 | € 17,335 | € -41,231 | ▼ € 58,566 |
| Bank debt | € 20,090 | € 12,314 | € 6,913 | € 21,757 | ▲ 215% |
| Balance sheet total | € 49,939 | € 53,988 | € 56,216 | € 52,071 | ▼ 7% |
Key figures of Masinope, 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 Masinope?
What happened at Masinope in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 58,566 (▼ € 60,595 vs 2024). filed late Source: NBB ↗
- Tilevate BV became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,098 loss in 2022 to € 58,566 loss in 2025.
Paid € 8,733 in corporate taxes since 2022.
Best year ever: 2023, with € 5,698 profit.
A new publication or filing at Masinope? We notify you, reason included.
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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
The stake of TILEVATE, UPVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MasinopeBehind Masinope is Tilevate BV. The shares are held by TILEVATE (65%) and UPVEST (35%).
Directors
According to the 2025 annual accounts
Director · represented by Timo Taelman
since 2025
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Xavier De Cocklaan 49
9831 Sint-Martens-Latem
Bergemeersenstraat 107
9300 Aalst
Active since 22 November 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
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COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0713.793.801
- VAT number
- BE 0713.793.801
- Registered office
- Xavier De Cocklaan 49, 9831 Sint-Martens-Latem
- Names & denominations
- Masinope
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 2018
- Peppol
- Active · Active since 20 Mar 2025
- Contact
- masinope.be
- Activities · NACE
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