MASSIN is an asset manager in Kaprijke. Private Limited, started on 27 June 2022, 1 establishment.

What is the address of MASSIN?

The registered office of MASSIN is located at Hippoliet Van Peenestraat 8, 9970 Kaprijke.

Is MASSIN still active?

Yes. According to the CBE (30 October 2026) MASSIN is active, legal situation “Normale toestand”, started on 27 June 2022.

Is MASSIN registered on Peppol?

Yes, MASSIN is registered on the Peppol network with ID 0208:0787707207.

What is the enterprise number of MASSIN?

The enterprise number of MASSIN is BE0787707207.

When was MASSIN founded?

MASSIN was founded on 27 June 2022.

Who are the directors of MASSIN?

According to the 2025 annual accounts, the directors of MASSIN are: Laurens Victor Massin.

Is MASSIN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 June 2022; 3 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MASSIN make in 2025?

MASSIN posted a profit after taxes of € 5,606 in financial year 2025.

What is the revenue of MASSIN?

As a small company, MASSIN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 18,558.

MASSIN (Private Limited) - Kaprijke - BE0787707207

Dossier MASSIN, printed on 30 October 2026 from databakkes.be/en/0787707207/massin. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MASSIN from Kaprijke, company number BE0787707207, closed financial year 2025 with a result of € 5,606 after tax. For that financial year MASSIN recorded a gross margin of € 18,558 and equity of € 4,854. Compared with financial year 2024, the result moved from € 15,607 to € 5,606. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.

What it is worth Growing

€ 4,854

▲ € 4,773 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 5,606

▼ 64% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,962

▼ 82% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 833 paid out

15 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 16,957

▼ 34% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 23,661

▼ 34% vs 2024

€ 12,597 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 2,782

▲ 131% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 7,307

▼ 32% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -2,238 Gross margin 2023: € -2,238 First fiscal year in the series	€ 30,448 Gross margin 2024: € 30,448 ▲ € 32,686 vs 2023 (€ -2,238) Favourable step	€ 18,558 Gross margin 2025: € 18,558 ▼ 39% vs 2024 (€ 30,448) Unfavourable step	▼ 39%
Profit after taxes	€ -17,526 Profit after taxes 2023: € -17,526 First fiscal year in the series	€ 15,607 Profit after taxes 2024: € 15,607 ▲ € 33,133 vs 2023 (€ -17,526) Favourable step	€ 5,606 Profit after taxes 2025: € 5,606 ▼ 64% vs 2024 (€ 15,607) Unfavourable step	▼ 64%
Equity	€ -15,526 Equity 2023: € -15,526 First fiscal year in the series	€ 80 Equity 2024: € 80 ▲ € 15,607 vs 2023 (€ -15,526) Favourable step	€ 4,854 Equity 2025: € 4,854 ▲ € 4,773 vs 2024 (€ 80) Favourable step	▲ € 4,773
Total debts	€ 57,382 Total debts 2023: € 57,382 First fiscal year in the series	€ 47,591 Total debts 2024: € 47,591 ▼ 17% vs 2023 (€ 57,382) Favourable step	€ 35,113 Total debts 2025: € 35,113 ▼ 26% vs 2024 (€ 47,591) Favourable step	▼ 26%
Cash	€ 2,642 Cash 2023: € 2,642 First fiscal year in the series	€ 16,839 Cash 2024: € 16,839 ▲ € 14,197 vs 2023 (€ 2,642) Favourable step	€ 2,962 Cash 2025: € 2,962 ▼ 82% vs 2024 (€ 16,839) Unfavourable step	▼ 82%
Retained profit	€ -17,526 Retained profit 2023: € -17,526 First fiscal year in the series	€ -1,920 Retained profit 2024: € -1,920 ▲ € 15,607 vs 2023 (€ -17,526) Favourable step	€ 2,854 Retained profit 2025: € 2,854 ▲ € 4,773 vs 2024 (€ -1,920) Favourable step	▲ € 4,773
Dividend	€ 0 Dividend 2023: € 0 First fiscal year in the series	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 833 Dividend 2025: € 833 Unchanged (€ 0) Unchanged
Bank debt	€ 35,830 Bank debt 2023: € 35,830 First fiscal year in the series	€ 35,657 Bank debt 2024: € 35,657 Unchanged (€ 35,830) Favourable step	€ 23,661 Bank debt 2025: € 23,661 ▼ 34% vs 2024 (€ 35,657) Favourable step	▼ 34%
Balance sheet total	€ 41,856 Balance sheet total 2023: € 41,856 First fiscal year in the series	€ 47,672 Balance sheet total 2024: € 47,672 ▲ 14% vs 2023 (€ 41,856) Unchanged	€ 39,967 Balance sheet total 2025: € 39,967 ▼ 16% vs 2024 (€ 47,672) Unchanged	▼ 16%

Key figures of MASSIN, 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 MASSIN?

What happened at MASSIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 31, 2026 New annual accounts for financial year 2025: profit of € 5,606 (▼ 64% vs 2024). Source: NBB ↗
Jun 27, 2022 New establishment in Kaprijke. KBO
2022 Laurens Victor Massin became a director. NBB
Jun 27, 2022 Start of the company according to the CBE. KBO

In short

From € 17,526 loss in 2023 to € 5,606 profit in 2025.

Paid € 5,371 in corporate taxes since 2023.

Best year ever: 2024, with € 15,607 profit.

Paid out € 833 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Laurens Victor Massin

MASSIN

Behind MASSIN is Laurens Victor Massin.

Directors

According to the 2025 annual accounts

Laurens Victor Massin

Director

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Hippoliet Van Peenestraat 8

9970 Kaprijke

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0787.707.207
VAT number: BE 0787.707.207
Registered office: Hippoliet Van Peenestraat 8, 9970 Kaprijke
Names & denominations: MASSIN
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 27 June 2022
Peppol: Active · Active since 19 Dec 2025
Activities · NACE: Vermogensbeheer

View on CBE Public ↗ Annual accounts (NBB) ↗