Financials
Financial year 2025
MASARO from Zandhoven, company number BE0768385993, closed financial year 2025 with a result of € 60,677 after tax. For that financial year MASARO recorded a gross margin of € 90,854 and equity of € 7,049. Compared with financial year 2024, the result moved from € 50,543 to € 60,677. Profitable, and profit is growing. The buffer shrank hard: equity is 71 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.
€ 7,049
▼ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 60,677
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 59,819
▲ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 78,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 18,093
▼ 23% vs 2024
Of which on lease € 10,542.
Debts at end 2025
€ 4,396
▼ 70% vs 2024
Loans from banks and other lenders, long and short.
€ 1,473
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,828
▼ 55% 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 | € 67,066 | € 83,924 | € 96,686 | € 90,854 | ▼ 6% |
| Profit after taxes | € 43,347 | € 48,355 | € 50,543 | € 60,677 | ▲ 20% |
| Equity | € 90,473 | € 138,829 | € 24,372 | € 7,049 | ▼ 71% |
| Total debts | € 59,052 | € 53,762 | € 198,523 | € 92,096 | ▼ 54% |
| Cash | € 93,240 | € 139,005 | € 37,293 | € 59,819 | ▲ 60% |
| Retained profit | € 84,473 | € 132,829 | € 18,372 | € 1,049 | ▼ 94% |
| Dividend | € 0 | € 0 | € 165,000 | € 78,000 | ▼ 53% |
| Bank debt | € 35,402 | € 25,429 | € 14,596 | € 4,396 | ▼ 70% |
| Balance sheet total | € 149,526 | € 192,591 | € 222,894 | € 99,145 | ▼ 56% |
Key figures of MASARO, 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 MASARO?
What happened at MASARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 60,677 (▲ 20% vs 2024). Source: NBB ↗
- New establishment in Zandhoven. KBO
- Start of the company according to the CBE. KBO
- Dave Frans became a director. NBB
In short
From € 43,347 profit in 2022 to € 60,677 profit in 2025.
Paid € 56,891 in corporate taxes since 2022.
Best year ever: 2025, with € 60,677 profit.
Paid out € 243,000 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Dave Frans
Bestuurder
since 2021
Establishments
Establishment units
Physical locations of this company
Elzendreef 13
2243 Zandhoven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0768.385.993
- VAT number
- BE 0768.385.993
- Registered office
- Elzendreef 13, 2243 Zandhoven
- Names & denominations
- MASARO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 2021
- Peppol
- Active · Active since 9 Oct 2025
- Activities · NACE
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