Financials
Financial year 2025
MA.SA from Brugge, company number BE0825773965, closed financial year 2025 with a result of € 53,286 after tax. For that financial year MA.SA recorded a gross margin of € 130,060 and equity of € 257,401. Compared with financial year 2024, the result moved from € 75,486 to € 53,286. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 257,401
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 53,286
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 56,309
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 96,648 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 40,838
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 99,727
▼ 22% vs 2024
€ 26,024 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 456
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,403
▼ 38% 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 | € 161,044 | € 127,043 | € 167,558 | € 130,060 | ▼ 22% |
| Profit after taxes | € 71,453 | € 52,710 | € 75,486 | € 53,286 | ▼ 29% |
| Equity | € 202,263 | € 235,380 | € 300,762 | € 257,401 | ▼ 14% |
| Total debts | € 252,005 | € 244,532 | € 229,693 | € 300,361 | ▲ 31% |
| Cash | € 140,756 | € 76,299 | € 67,335 | € 56,309 | ▼ 16% |
| Land & buildings | € 147,824 | € 131,132 | € 114,563 | € 96,031 | ▼ 16% |
| Retained profit | € 189,863 | € 234,380 | € 299,762 | € 256,401 | ▼ 14% |
| Dividend | € 38,108 | € 8,193 | € 10,103 | € 96,648 | ▲ € 86,545 |
| Bank debt | € 185,445 | € 157,174 | € 127,866 | € 99,727 | ▼ 22% |
| Balance sheet total | € 454,267 | € 479,911 | € 530,455 | € 557,761 | ▲ 5% |
Key figures of MA.SA, 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 MA.SA?
What happened at MA.SA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 53,286 (▼ 29% vs 2024). Source: NBB ↗
- New establishment in Jabbeke. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 71,453 profit in 2022 to € 53,286 profit in 2025.
Paid € 110,732 in corporate taxes since 2022.
Best year ever: 2024, with € 75,486 profit.
Paid out € 153,052 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
Magali Sanders
Director
Establishments
Establishment units
Physical locations of this company
Torhoutse Steenweg 382
8200 Brugge
Torhoutse Steenweg 380
8200 Brugge
Active since 7 May 2010
Expressweg N 377 4
8490 Jabbeke
Active since 10 July 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0825.773.965
- VAT number
- BE 0825.773.965
- Registered office
- Torhoutse Steenweg 382, 8200 Brugge
- Names & denominations
- MA.SA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2010
- Peppol
- Active · Active since 31 Aug 2023
- Activities · NACE
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