Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Massief Holding from Hasselt, company number BE0831805583, closed financial year 2025 with a result of € -10,920 after tax. For that financial year Massief Holding recorded a gross margin of € 33,421 and equity of € 45,759. Compared with financial year 2024, the result moved from € -2,981 to € -10,920. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2025.
€ 45,759
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,920
▼ 266 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,139
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 8,759.
People and assets in 2025
€ 93,911
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 91,159
▼ 22% vs 2024
€ 28,303 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,837
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,301
▼ 17% 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 | € 10,198 | € 13,820 | € 36,873 | € 33,421 | ▼ 9% |
| Profit after taxes | € 4,663 | € 5,339 | € -2,981 | € -10,920 | ▼ € 7,940 |
| Equity | € 55,921 | € 59,660 | € 56,679 | € 45,759 | ▼ 19% |
| Total debts | € 158,977 | € 294,450 | € 440,182 | € 418,252 | ▼ 5% |
| Cash | € 6,572 | - | € 4,453 | € 3,139 | ▼ 30% |
| Retained profit | € 18,921 | € 22,660 | € 19,679 | € 8,759 | ▼ 55% |
| Dividend | € 1,600 | € 1,600 | € 0 | € 0 | |
| Bank debt | € 0 | € 710 | € 116,218 | € 91,159 | ▼ 22% |
| Balance sheet total | € 214,898 | € 354,110 | € 496,862 | € 464,011 | ▼ 7% |
Key figures of Massief Holding, 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 October 2026.
What happened to Massief Holding?
What happened at Massief Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,920. Source: NBB ↗
- New establishment in Hasselt. KBO
- Murat Akmese became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,663 profit in 2022 to € 10,920 loss in 2025.
Paid € 8,555 in corporate taxes since 2022.
Best year ever: 2023, with € 5,339 profit.
Paid out € 3,200 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
Behind Massief Holding is Murat Akmese. It owns 99.8% of Massief Bouwonderneming and 50% of Massief Vastgoed itself.
Directors
According to the 2025 annual accounts
since 2010
Establishments
Establishment units
Physical locations of this company
Roosterstraat 19
3510 Hasselt
Simpernelstraat 11
3511 Hasselt
Active since 10 December 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0831.805.583
- VAT number
- BE 0831.805.583
- Registered office
- Roosterstraat 19, 3510 Hasselt
- Names & denominations
- Massief Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2010
- Peppol
- Active · Active since 12 Sept 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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