MASABI
0403.763.389 · rovalta.com · 23/09/2026
ACTIVE
MASABI
Financial year 2025 · closed on 31/12/2025
Net result
265,2 k €
-53.2% YoY
Gross margin
1 M €
+26.6% YoY
Equity
3,7 M €
-7.6% YoY
Overview
What does MASABI do?
MASABI is a Private company with limited liability incorporated in 1955. Its main activity is: Production of electricity. Its registered office is in Ravels.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0403.763.389
Incorporation
30/01/1955
Legal form
Private company with limited liability
Registered office
Polderstraat 34
2381 Ravels · FlandreSee on map
2381 Ravels · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (1)
- 323
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 1 M € | +26.6% | 795 k € | -18.7% | 978,5 k € | -29.1% | 1,4 M € | +9.4% | 1,3 M € | +25.1% | 1 M € | -2.6% | 1 M € | +0.7% | 1 M € | +7.5% | 957,2 k € | -19.1% | 1,2 M € | +24.4% | 951,4 k € | +9.5% | 868,6 k € | -16.8% | 1 M € | -5.1% | 1,1 M € | +233% | 329,9 k € | +2425% | -14,2 k € | -1462% | -907,9 € | +53.5% | -2 k € | -131% | -846 € | +57.4% | -2 k € |
| EBITDA | 779 k € | +35.5% | 575 k € | -16.8% | 691,2 k € | -36.4% | 1,1 M € | +8.4% | 1 M € | +33.9% | 748,4 k € | -5.6% | 792,5 k € | +0.9% | 785,3 k € | +9.5% | 716,8 k € | -24.1% | 944,2 k € | +32.6% | 712,1 k € | +5.7% | 673,8 k € | -27.8% | 932,8 k € | +8.0% | 863,7 k € | +212% | 276,8 k € | +1972% | -14,8 k € | -756% | -1,7 k € | +26.4% | -2,3 k € | -29.5% | -1,8 k € | +18.4% | -2,2 k € |
| Operating result | 358,7 k € | +133% | 154,3 k € | -42.7% | 269,2 k € | -59.5% | 665,3 k € | +15.2% | 577,6 k € | +77.2% | 325,9 k € | -12.0% | 370,2 k € | +2.9% | 359,8 k € | +23.5% | 291,3 k € | -44.2% | 522,5 k € | +69.1% | 309 k € | +14.1% | 270,7 k € | -49.3% | 533,9 k € | +14.9% | 464,8 k € | +742% | 55,2 k € | +473% | -14,8 k € | -756% | -1,7 k € | +26.4% | -2,3 k € | -29.5% | -1,8 k € | +18.4% | -2,2 k € |
| Net result | 265,2 k € | -53.2% | 566,4 k € | -69.2% | 1,8 M € | +263% | 506 k € | +27.3% | 397,4 k € | +67.8% | 236,8 k € | -16.4% | 283,1 k € | +5.4% | 268,6 k € | +13.6% | 236,6 k € | -48.3% | 457,5 k € | +119% | 208,5 k € | +25.5% | 166,2 k € | -64.6% | 469,4 k € | +37.9% | 340,3 k € | +6747% | 5 k € | +145% | -11,1 k € | -862% | -1,2 k € | -169% | 1,7 k € | +9.1% | 1,5 k € | +171% | -2,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 3,7 M € | -7.6% | 4 M € | +14.3% | 3,5 M € | +27.6% | 2,8 M € | +11.3% | 2,5 M € | +15.7% | 2,1 M € | +8.9% | 2 M € | -16.1% | 2,3 M € | +4.8% | 2,2 M € | +2.6% | 2,2 M € | +9.9% | 2 M € | -18.5% | 2,4 M € | +4.5% | 2,3 M € | -38.2% | 3,8 M € | +8.2% | 3,5 M € | +329% | 812,7 k € | +557% | 123,8 k € | +3.2% | 120 k € | +1.4% | 118,3 k € | +1.3% | 116,8 k € |
| Total assets | 7,5 M € | -6.1% | 8 M € | -9.2% | 8,8 M € | -5.6% | 9,3 M € | +12.9% | 8,2 M € | -1.4% | 8,3 M € | +43.2% | 5,8 M € | -7.1% | 6,3 M € | -6.4% | 6,7 M € | -7.9% | 7,3 M € | -4.1% | 7,6 M € | -4.9% | 8 M € | -7.6% | 8,6 M € | +2.3% | 8,4 M € | -5.9% | 9 M € | +997% | 817,7 k € | +560% | 123,9 k € | +3.2% | 120 k € | +1.4% | 118,4 k € | +0.4% | 117,8 k € |
| Cash | 112 k € | -38.8% | 183 k € | -65.9% | 536,6 k € | +31.7% | 407,5 k € | +155% | 159,8 k € | +36.9% | 116,8 k € | +8.1% | 108,1 k € | -49.4% | 213,4 k € | +56.7% | 136,2 k € | -34.2% | 206,8 k € | -49.6% | 410,7 k € | +22.5% | 335,4 k € | -45.7% | 617,7 k € | +1028% | 54,8 k € | -62.3% | 145,2 k € | +218% | 45,7 k € | +92.6% | 23,7 k € | -77.9% | 107,6 k € | +1.3% | 106,1 k € | -0.3% | 106,5 k € |
| Debts | 3,7 M € | -4.6% | 3,9 M € | -25.1% | 5,2 M € | -19.7% | 6,5 M € | +13.6% | 5,7 M € | -7.3% | 6,2 M € | +60.7% | 3,9 M € | -1.7% | 3,9 M € | -11.8% | 4,4 M € | -12.4% | 5,1 M € | -9.0% | 5,6 M € | +1.1% | 5,5 M € | -12.1% | 6,3 M € | +34.7% | 4,7 M € | -15.0% | 5,5 M € | +108947% | 5 k € | +3469% | 140,8 € | +128% | 61,9 € | -0.2% | 62 € | – | |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | 0,9 ETP | -10.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | – | – | – | – | – | |||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 8 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
A3 & COMPANY● Active | 0870.550.452 |
ANTLIA INVEST● Active | 0768.913.951 |
BEDRIJVENCENTRUM MERKSPLAS● Active | 0440.631.804 |
CALLISTO INVEST● Active | 0650.784.480 |
| 0420.131.348 | |
CHAPUNGU BEHEER● Active | 0600.893.719 |
FLANDERS INTERIORS● Active | 0454.780.540 |
IMMO GLOBAL● Active | 0447.590.662 |
Kabarda Pumps● Active | 0628.497.345 |
MASABI CAPITAL● Active | 0447.182.668 |
MONRO● Active | 0451.054.057 |
ORENS INVEST● Active | 0893.360.102 |
RED STAR IMMO● Active | 0553.516.543 |
Tecno-Dis● Active | 0424.487.539 |
'T HUISJE AAN DE WATERKANT● Active | 0454.867.939 |
Van Looveren Administratie● Active | 0562.958.504 |
VERTORA● Active | 1029.240.868 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 24/07/2026 | 29/07/2025 | 24/07/2024 | 03/07/2023 | 29/06/2022 | 01/07/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 22/06/2024 | 24/06/2023 | 25/06/2022 | 26/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 24/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/06/2025 | 29/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 22/06/2024 | 24/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 24/06/2023 | 03/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 25/06/2022 | 29/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 26/06/2021 | 01/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 24/06/2020 | 15/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 25/05/2019 | 27/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 26/05/2018 | 29/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 05/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 25/06/2016 | 01/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 23/05/2015 | 19/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 24/05/2014 | 27/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 30/06/2013 | 30/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 26/05/2012 | 27/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 28/05/2011 | 22/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 22/05/2010 | 30/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 23/05/2009 | 29/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 24/05/2008 | 31/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 28/05/2007 | 30/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 8 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates19/11/2025ONTSLAGEN - BENOEMINGEN
- Mandates25/04/2024ONTSLAGEN - BENOEMINGEN
- Registered office22/08/2022MAATSCHAPPELIJKE ZETEL
- Mandates02/12/2019MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates25/06/2019ONTSLAGEN - BENOEMINGEN
- Mandates12/07/2017ONTSLAGEN - BENOEMINGEN
- Mandates03/10/2013KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Registered office02/03/2010NAAMSWIJZIGING ZETELVERPLAATSING DOELSUITBREIDING
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025265,2 k €↓
- 2024Annual accounts 2024566,4 k €↓
- 2023Annual accounts 20231,8 M €↑
- 2022Annual accounts 2022506 k €↑
- 2021Annual accounts 2021397,4 k €↑
- 2020Annual accounts 2020236,8 k €↓
- 2019Annual accounts 2019283,1 k €↑
- 2018Annual accounts 2018268,6 k €↑
- 2017Annual accounts 2017236,6 k €↓
- 2016Annual accounts 2016457,5 k €↑
- 2015Annual accounts 2015208,5 k €↑
- 2014Annual accounts 2014166,2 k €↓
- 2013Annual accounts 2013469,4 k €↑
- 2012Annual accounts 2012340,3 k €↑
- 2011Annual accounts 20115 k €↑
- 2010Annual accounts 2010-11,1 k €↓
- 2009Annual accounts 2009-1,2 k €↓
- 2008Annual accounts 20081,7 k €↑
- 2007Annual accounts 20071,5 k €↑
- 2006Annual accounts 2006-2,2 k €
- 30/01/1955IncorporationPrivate company with limited liability