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 2 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Masselco from Nieuwpoort, company number BE0786754627, closed financial year 2025 with a result of € 9,972 after tax. For that financial year Masselco recorded a gross margin of € 85,362 and equity of € -12,960. Compared with financial year 2024, the result moved from € -27,142 to € 9,972. Profitable, and profit is growing. 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 July 1, 2026.
€ -12,960
▲ € 10,805 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,972
▲ still € 27,142 loss in 2024
Profit after tax over the fiscal year.
€ 2,667
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -12,960.
People and assets in 2025
€ 69,786
▲ 13% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,169
▼ 17% vs 2024
Of which on lease € 2,380.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 34,247
▼ 55% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 38,270 | - | - | |
| Gross margin | € 5,614 | € 36,241 | € 85,362 | ▲ 136% |
| Profit after taxes | € 4,210 | € -27,142 | € 9,972 | ▲ € 37,114 |
| Equity | € 4,210 | € -23,765 | € -12,960 | ▲ € 10,805 |
| Total debts | € 31,491 | € 200,079 | € 34,247 | ▼ 83% |
| Cash | - | - | € 2,667 | |
| Retained profit | € 4,210 | € -23,765 | € -12,960 | ▲ € 10,805 |
| Dividend | € 0 | € 833 | € 0 | ▼ 100% |
| Balance sheet total | € 35,701 | € 176,314 | € 21,287 | ▼ 88% |
Key figures of Masselco, fiscal years 2023 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 Masselco?
What happened at Masselco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,972. Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,210 profit in 2023 to € 9,972 profit in 2025.
Best year ever: 2025, with € 9,972 profit.
Paid out € 833 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
Establishments
Establishment units
Physical locations of this company
Vlaanderenstraat 10 box 504
8620 Nieuwpoort
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0786.754.627
- VAT number
- BE 0786.754.627
- Registered office
- Vlaanderenstraat 10 bus 504, 8620 Nieuwpoort
- Names & denominations
- Masselco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2022
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- masselco.eu [email protected]
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