Financials
Financial year 2026
MASIL from Laarne, company number BE0837626672, closed financial year 2026 with a result of € 54,868 after tax. For that financial year MASIL recorded a gross margin of € 169,896 and equity of € 623,595. Compared with financial year 2025, the result moved from € 79,496 to € 54,868. 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 October 30, 2026.
€ 623,595
▼ 28% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,868
▼ 31% vs 2025
Profit after tax over the fiscal year.
€ 113,329
▼ 15% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
€ 21,181
▼ 40% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 16,066
▼ 39% vs 2025
€ 10,147 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,880
▲ € 2,296 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 39,344
▼ 11% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 503,351 | € 199,929 | € 180,838 | € 169,896 | ▼ 6% |
| Profit after taxes | € 351,333 | € 131,698 | € 79,496 | € 54,868 | ▼ 31% |
| Equity | € 812,066 | € 871,422 | € 868,727 | € 623,595 | ▼ 28% |
| Total debts | € 154,385 | € 173,006 | € 172,216 | € 359,792 | ▲ 109% |
| Cash | € 207,328 | € 29,226 | € 132,864 | € 113,329 | ▼ 15% |
| Retained profit | € 805,866 | € 865,222 | € 862,527 | € 617,395 | ▼ 28% |
| Dividend | € 65,199 | € 72,342 | € 82,191 | € 300,000 | ▲ 265% |
| Bank debt | € 46,507 | € 36,360 | € 26,213 | € 16,066 | ▼ 39% |
| Balance sheet total | € 966,451 | € 1,044,428 | € 1,040,943 | € 983,387 | ▼ 6% |
Key figures of MASIL, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to MASIL?
What happened at MASIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 54,868 (▼ 31% vs 2025). Source: NBB ↗
- Simon Lapin became a director. NBB
- New establishment in Gent. KBO
- Alain Lapin became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 351,333 profit in 2023 to € 54,868 profit in 2026.
Paid € 290,572 in corporate taxes since 2023.
Best year ever: 2023, with € 351,333 profit.
Paid out € 519,732 in dividends to the owners in total.
Management
Behind MASIL are Alain Lapin and Simon Lapin.
Directors
According to the 2026 annual accounts
Alain Lapin
Director
since 2011
Simon Lapin
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Dorpsstraat(KAL) 45
9270 Laarne
Aan de linde 5
9030 Gent
Active since 21 June 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0837.626.672
- VAT number
- BE 0837.626.672
- Registered office
- Dorpsstraat(KAL) 45, 9270 Laarne
- Names & denominations
- MASIL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2011
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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