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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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Masschelein from Torhout, company number BE0790976107, closed financial year 2025 with a result of € 44,575 after tax. For that financial year Masschelein recorded a gross margin of € 158,043 and equity of € 114,092. Compared with financial year 2024, the result moved from € 64,517 to € 44,575. 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 February 2, 2026.
€ 114,092
▲ 64% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,575
▼ 31% vs 2024
Profit after tax over the fiscal year.
€ 33,420
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 109,092.
People and assets in 2025
€ 91,217
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 554,744
▲ 13% vs 2024
€ 47,747 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 22,051
▼ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 240,877 | € 158,043 | ▼ 34% |
| Profit after taxes | € 64,517 | € 44,575 | ▼ 31% |
| Equity | € 69,517 | € 114,092 | ▲ 64% |
| Total debts | € 716,594 | € 887,642 | ▲ 24% |
| Cash | € 105,807 | € 33,420 | ▼ 68% |
| Land & buildings | - | € 848,661 | |
| Retained profit | € 64,517 | € 109,092 | ▲ 69% |
| Bank debt | € 492,578 | € 554,744 | ▲ 13% |
| Balance sheet total | € 786,111 | € 1,001,734 | ▲ 27% |
Key figures of Masschelein, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Masschelein?
What happened at Masschelein in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,575 (▼ 31% vs 2024). filed late Source: NBB ↗
- New establishment in Torhout. KBO
- Kenny Masschelein became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 64,517 profit in 2024 to € 44,575 profit in 2025.
Paid € 32,290 in corporate taxes since 2024.
Best year ever: 2024, with € 64,517 profit.
A new publication or filing at Masschelein? 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
Behind Masschelein is Kenny Masschelein.
Directors
According to the 2025 annual accounts
Kenny Masschelein
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Ruitjesbosstraat 28
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0790.976.107
- VAT number
- BE 0790.976.107
- Registered office
- Ruitjesbosstraat 28, 8820 Torhout
- Names & denominations
- Masschelein
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 2022
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van hoofdkantoren
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Holdings
Diverse administratieve activiteiten ten behoeve van kantoren
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