ACTIVE

MASSIMMO PROJECTS

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Financial year 2025 · closed on 31/12/2025

Net result

238,6 k €

-39.3% YoY

Gross margin

637 k €

-24.9% YoY

Equity

1,2 M €

+11.8% YoY

Workforce

1,8 ETP

0.0% YoY

What does MASSIMMO PROJECTS do?

MASSIMMO PROJECTS is a Private limited company incorporated in 1982. Its main activity is: Development of building projects. Its registered office is in Oosterzele. It employs on average 1,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0422.444.601

Incorporation

01/01/1982

Legal form

Private limited company

Registered office

Rollebaan 101B
9860 Oosterzele · FlandreSee on map

Contributed capital

234 592,01 €

Latest accounts

31/12/2025

Average workforce

1,8 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 46731Wholesale of wood, construction materials and sanitary equipment 46831Wholesale trade, except of motor vehicles and motorcycles 68100Buying and selling of own real estate 68110Buying and selling of own real estate+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	637 k €	-24.9%	848 k €	+54.3%	549,4 k €	-15.0%	646,4 k €	+1189%	50,2 k €	-81.7%	273,5 k €	+1628%	-17,9 k €	-10.4%	-16,2 k €	-440%	4,8 k €	+141%	-11,6 k €	-126%	45,2 k €	-71.8%	160,1 k €	+30.2%	122,9 k €	-23.9%	161,5 k €	+23.5%	130,7 k €	+1.4%	128,9 k €	+16.4%	110,7 k €	-16.1%	131,9 k €	-12.1%	150,1 k €
EBITDA	343 k €	-38.6%	558,2 k €	+87.0%	298,5 k €	-36.6%	471,2 k €	+1817%	24,6 k €	-90.9%	270,5 k €	+1429%	-20,4 k €	-9.5%	-18,6 k €	-7950%	236,9 €	+101%	-15,9 k €	-2212%	754 €	-99.0%	76 k €	+101%	37,9 k €	-50.1%	75,8 k €	+53.2%	49,5 k €	-7.3%	53,4 k €	+48.1%	36,1 k €	-35.0%	55,4 k €	-28.4%	77,5 k €
Operating result	306,2 k €	-41.9%	526,6 k €	+80.8%	291,3 k €	-37.3%	464,4 k €	+2023%	21,9 k €	-91.9%	270,5 k €	+1429%	-20,4 k €	-9.5%	-18,6 k €	-2159%	903,3 €	+103%	-35,2 k €	-4.8%	-33,6 k €	-197%	34,8 k €	+358%	-13,4 k €	-158%	23,2 k €	+230%	7 k €	-43.9%	12,5 k €	+199%	-12,6 k €	-465%	3,5 k €	-86.5%	25,6 k €
Net result	238,6 k €	-39.3%	392,8 k €	+153%	155,5 k €	-51.2%	318,9 k €	+2442%	12,5 k €	-94.0%	209,7 k €	+1128%	-20,4 k €	-9.5%	-18,6 k €	-3276%	586,5 €	+102%	-35 k €	+8.5%	-38,2 k €	-266%	23,1 k €	+269%	-13,7 k €	-152%	26,3 k €	+201%	8,7 k €	-33.7%	13,1 k €	+204%	-12,6 k €	-471%	3,4 k €	-82.8%	19,7 k €
Balance sheet
Equity	1,2 M €	+11.8%	1,1 M €	+35.0%	806,3 k €	+15.9%	695,7 k €	+63.8%	424,8 k €	+3.0%	412,3 k €	+103%	202,6 k €	-9.1%	223 k €	-7.7%	241,7 k €	+0.2%	241,1 k €	-12.7%	276,1 k €	-12.2%	314,3 k €	+318%	75,2 k €	-77.1%	328,9 k €	+8.7%	302,6 k €	+3.0%	293,9 k €	+4.7%	280,8 k €	-4.3%	293,4 k €	+1.2%	290 k €
Total assets	3,4 M €	+47.7%	2,3 M €	-56.4%	5,3 M €	+98.5%	2,7 M €	+254%	752,9 k €	+42.8%	527,2 k €	-50.3%	1,1 M €	+375%	223,4 k €	-9.7%	247,2 k €	-1.1%	249,9 k €	-12.5%	285,7 k €	-22.3%	367,7 k €	-9.1%	404,5 k €	-2.7%	415,9 k €	+20.5%	345,2 k €	+4.9%	329,3 k €	+3.4%	318,5 k €	-2.4%	326,5 k €	-10.0%	362,6 k €
Cash	1,3 M €	+28.1%	1 M €	-1.4%	1 M €	-42.5%	1,8 M €	+431%	331,8 k €	-36.8%	525,1 k €	-9.6%	580,7 k €	+561%	87,8 k €	+15.5%	76 k €	+2.6%	74,1 k €	-28.1%	102,9 k €	-28.5%	143,9 k €	-2.9%	148,2 k €	+11.8%	132,6 k €	+26.9%	104,4 k €	+24.5%	83,9 k €	+214%	26,8 k €	+213%	8,5 k €	-32.8%	12,7 k €
Debts	1,1 M €	+33.7%	850,1 k €	-80.4%	4,3 M €	+134%	1,9 M €	+558%	281,4 k €	+145%	114,9 k €	-86.6%	858 k €	+295713%	290,1 €	-79.1%	1,4 k €	-49.5%	2,7 k €	-64.8%	7,8 k €	-84.6%	50,8 k €	-84.5%	326,8 k €	+287%	84,5 k €	+137%	35,7 k €	+16.0%	30,8 k €	-5.8%	32,7 k €	+7.9%	30,3 k €	-56.6%	70 k €
Other
Workforce	1,8 ETP	0.0%	1,8 ETP	+12.5%	1,6 ETP	+60.0%	1,0 ETP	+900%	0,1 ETP		–		–		–		–		–		0,8 ETP	-61.9%	2,1 ETP	-12.5%	2,4 ETP	+4.3%	2,3 ETP	+35.3%	1,7 ETP	-22.7%	2,2 ETP	+15.8%	1,9 ETP	-5.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

JACQUES BLANCQUAERT

Director · since 05 juillet 2018 · until 18 décembre 2025

Active

LYNN BLANCQUAERT

Director

Active

PASCAL BLANCQUAERT

Director

Active

Ended mandates

LYNN BLANCQUAERT

Director · since 05 février 2021

Ended

JACQUES BLANCQUAERT

Director · since 05 juillet 2018

Ended

JACQUES BLANCQUAERT

Manager · since 05 juillet 2018

Ended

PASCAL BLANCQUAERT

Director · since 05 juillet 2018

Ended

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	09/08/2026	31/07/2025	29/08/2024	29/08/2023	26/08/2022	27/08/2021
General meeting	19/06/2026	20/06/2025	14/06/2024	23/06/2023	17/06/2022	18/06/2021
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	09/08/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	29/08/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	27/08/2021	Dutch	PDF
Abridged model	31/12/2019	09/06/2020	30/08/2020	Dutch	PDF
Micro model	31/12/2018	25/06/2019	07/09/2019	Dutch	PDF
Micro model	31/12/2017	18/06/2018	18/06/2018	Dutch	PDF
Micro modelCorrection	31/12/2016	22/08/2017	29/08/2017	Dutch	PDF
Micro model	31/12/2016	22/08/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/09/2016	04/10/2016	Dutch	PDF
Abridged model	31/12/2014	29/06/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	29/11/2013	02/12/2013	Dutch	PDF
Abridged model	31/12/2011	26/09/2012	27/09/2012	Dutch	PDF
Abridged model	31/12/2010	30/01/2012	03/02/2012	Dutch	PDF
Abridged model	31/12/2009	23/12/2010	30/12/2010	Dutch	PDF
Abridged model	31/12/2008	22/12/2009	30/12/2009	Dutch	PDF
Abridged model	31/12/2007	16/10/2008	24/10/2008	Dutch	PDF
Abridged model	31/12/2006	08/10/2007	29/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

JACQUES BLANCQUAERT

Director · since 05 juillet 2018 · until 18 décembre 2025

Active

LYNN BLANCQUAERT

Director

Active

PASCAL BLANCQUAERT

Director

Active

Ended mandates

LYNN BLANCQUAERT

Director · since 05 février 2021

Ended

JACQUES BLANCQUAERT

Director · since 05 juillet 2018

Ended

JACQUES BLANCQUAERT

Manager · since 05 juillet 2018

Ended

PASCAL BLANCQUAERT

Director · since 05 juillet 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/07/2018
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/05/2014
KAPITAAL - AANDELEN
PDF
Capital / shares19/10/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025238,6 k €↓
2024
Annual accounts 2024392,8 k €↑
2023
Annual accounts 2023155,5 k €↓
2022
Annual accounts 2022318,9 k €↑
2021
Annual accounts 202112,5 k €↓
2020
Annual accounts 2020209,7 k €↑
2019
Annual accounts 2019-20,4 k €↓
2018
Annual accounts 2018-18,6 k €↓
2017
Annual accounts 2017586,5 €↑
2016
Annual accounts 2016-35 k €↑
2015
Annual accounts 2015-38,2 k €↓
2014
Annual accounts 201423,1 k €↑
2013
Annual accounts 2013-13,7 k €↓
2012
Annual accounts 201226,3 k €↑
2011
Annual accounts 20118,7 k €↓
2010
Annual accounts 201013,1 k €↑
2009
Annual accounts 2009-12,6 k €↓
2008
Annual accounts 20083,4 k €↓
2007
Annual accounts 200719,7 k €
01/01/1982
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MASSIMMO PROJECTS

Overview

What does MASSIMMO PROJECTS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline