MASELEC
0430.172.234 · rovalta.com · 23/09/2026
ACTIVE
MASELEC
Financial year 2025 · closed on 30/06/2025
Net result
24,2 k €
-11.2% YoY
Gross margin
117,8 k €
-14.2% YoY
Equity
220,4 k €
+12.3% YoY
Overview
What does MASELEC do?
MASELEC is a Public limited company incorporated in 1986. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Kortenberg.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0430.172.234
Incorporation
28/12/1986
Legal form
Public limited company
Registered office
Nederokkerzeelsesteenweg 6
3071 Kortenberg · FlandreSee on map
3071 Kortenberg · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
30/06/2025
Activities (NACE)
Joint committees (3)
- 14901
- 14904
- 218
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 117,8 k € | -14.2% | 137,3 k € | +26.2% | 108,8 k € | -12.0% | 123,6 k € | +45.4% | 85,1 k € | -3.7% | 88,3 k € | +516% | 14,3 k € | -92.0% | 179,8 k € | -36.6% | 283,4 k € | -20.2% | 355,1 k € | +37.9% | 257,5 k € | +2.9% | 250,4 k € | -18.9% | 308,8 k € | +2.3% | 302 k € | -48.4% | 585,6 k € | +17.6% | 498 k € | +6.9% | 465,9 k € | +3.1% | 451,9 k € | -0.7% | 455 k € |
| EBITDA | 101,6 k € | -18.4% | 124,5 k € | +35.4% | 91,9 k € | -0.4% | 92,3 k € | +38.0% | 66,9 k € | -7.5% | 72,3 k € | +93.9% | 37,3 k € | -45.0% | 67,8 k € | -42.5% | 117,9 k € | -37.1% | 187,6 k € | +264% | 51,5 k € | +4.6% | 49,3 k € | -13.7% | 57,1 k € | -11.3% | 64,4 k € | -49.0% | 126,3 k € | -17.2% | 152,5 k € | -10.3% | 170 k € | +34.7% | 126,1 k € | +18.7% | 106,3 k € |
| Operating result | 15 k € | -62.3% | 39,7 k € | +781% | -5,8 k € | -111% | 51,1 k € | +299% | -25,7 k € | -79.6% | -14,3 k € | +71.4% | -50 k € | +21.5% | -63,8 k € | -325% | 28,4 k € | +130% | 12,3 k € | +175% | 4,5 k € | +617% | -869 € | -8.8% | -799 € | -103% | 26,8 k € | -45.7% | 49,5 k € | -51.5% | 102 k € | -22.9% | 132,3 k € | +359% | 28,8 k € | -69.6% | 94,8 k € |
| Net result | 24,2 k € | -11.2% | 27,2 k € | +228% | -21,2 k € | -141% | 52,2 k € | +300% | -26,1 k € | -48.3% | -17,6 k € | +66.2% | -52 k € | +19.6% | -64,7 k € | -588% | 13,3 k € | +453% | 2,4 k € | -37.2% | 3,8 k € | +479% | 659 € | -26.9% | 902 € | -95.6% | 20,7 k € | +64.2% | 12,6 k € | -78.3% | 58,1 k € | -86.5% | 430,6 k € | +14270% | 3 k € | -94.0% | 50,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 220,4 k € | +12.3% | 196,2 k € | +16.1% | 169 k € | -11.2% | 190,2 k € | +22.3% | 155,6 k € | -63.4% | 425,1 k € | -4.0% | 442,7 k € | -10.5% | 494,7 k € | -11.6% | 559,4 k € | +2.4% | 546,2 k € | -5.3% | 576,8 k € | +0.7% | 572,9 k € | -4.4% | 599,3 k € | +0.2% | 598,4 k € | +3.6% | 577,7 k € | +2.2% | 565,1 k € | +11.5% | 507 k € | +563% | 76,4 k € | +4.1% | 73,4 k € |
| Total assets | 2,4 M € | -4.7% | 2,5 M € | +28.1% | 2 M € | -3.1% | 2 M € | -0.7% | 2,1 M € | -8.7% | 2,3 M € | -3.4% | 2,3 M € | -7.3% | 2,5 M € | +0.8% | 2,5 M € | -2.0% | 2,5 M € | +32.3% | 1,9 M € | +3.8% | 1,9 M € | +18.7% | 1,6 M € | +0.4% | 1,6 M € | -2.7% | 1,6 M € | +17.6% | 1,4 M € | -3.9% | 1,4 M € | -1.0% | 1,4 M € | +118% | 657,4 k € |
| Cash | 4,9 k € | -97.9% | 236,3 k € | +199% | 79 k € | -76.2% | 331,7 k € | +5017% | 6,5 k € | -87.0% | 49,8 k € | -48.4% | 96,5 k € | -35.7% | 150,1 k € | -61.9% | 393,7 k € | +3.7% | 379,8 k € | -4.3% | 396,6 k € | +23.5% | 321,1 k € | -21.8% | 410,6 k € | +7.1% | 383,4 k € | +233% | 115,1 k € | -35.8% | 179,4 k € | -31.4% | 261,4 k € | +293% | 66,5 k € | +10.0% | 60,4 k € |
| Debts | 2,2 M € | -5.0% | 2,3 M € | +30.5% | 1,8 M € | -1.7% | 1,8 M € | -3.2% | 1,9 M € | +4.6% | 1,8 M € | -2.6% | 1,8 M € | -4.7% | 1,9 M € | +5.3% | 1,8 M € | -5.0% | 1,9 M € | +52.9% | 1,2 M € | +6.4% | 1,2 M € | +39.5% | 841,2 k € | +1.3% | 830,2 k € | -6.2% | 885 k € | +37.1% | 645,4 k € | -14.0% | 750,6 k € | -44.2% | 1,3 M € | +130% | 584 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | 0,0 ETP | 0,0 ETP | – | – | – | – | 2,0 ETP | -16.7% | 2,4 ETP | -22.6% | 3,1 ETP | -32.6% | 4,6 ETP | -9.8% | 5,1 ETP | 0.0% | 5,1 ETP | +2.0% | 5,0 ETP | -18.0% | 6,1 ETP | -14.1% | 7,1 ETP | +16.4% | 6,1 ETP | -3.2% | 6,3 ETP | -12.5% | 7,2 ETP | |||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 3 active · 19 ended
Active mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
CHALOUBETH● Active | 0545.892.739 |
Masser● Active | 0401.903.959 |
TRANSPORTS VANDEROEL● Bankrupt | 0414.073.994 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/07/2024 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/01/2026 | 04/02/2025 | 31/01/2024 | 28/02/2023 | 31/03/2022 | 26/02/2021 |
| General meeting | 08/11/2025 | 09/11/2024 | 11/11/2023 | 16/12/2022 | 17/12/2021 | 18/12/2020 |
| 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
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/06/2025 | 08/11/2025 | 30/01/2026 | Dutch | |
| Abridged model | 30/06/2024 | 09/11/2024 | 04/02/2025 | Dutch | |
| Abridged model | 30/06/2023 | 11/11/2023 | 31/01/2024 | Dutch | |
| Abridged model | 30/06/2022 | 16/12/2022 | 28/02/2023 | Dutch | |
| Abridged model | 30/06/2021 | 17/12/2021 | 31/03/2022 | Dutch | |
| Abridged model | 30/06/2020 | 18/12/2020 | 26/02/2021 | Dutch | |
| Abridged model | 30/06/2019 | 20/12/2019 | 21/02/2020 | Dutch | |
| Abridged model | 30/06/2018 | 21/12/2018 | 28/02/2019 | Dutch | |
| Abridged model | 30/06/2017 | 22/12/2017 | 28/02/2018 | Dutch | |
| Abridged model | 30/06/2016 | 20/12/2016 | 28/02/2017 | Dutch | |
| Abridged model | 30/06/2015 | 29/12/2015 | 29/02/2016 | Dutch | |
| Abridged model | 30/06/2014 | 24/12/2014 | 20/02/2015 | Dutch | |
| Abridged model | 30/06/2013 | 17/12/2013 | 28/02/2014 | Dutch | |
| Abridged model | 30/06/2012 | 08/12/2012 | 12/02/2013 | Dutch | |
| Abridged model | 30/06/2011 | 10/12/2011 | 14/02/2012 | Dutch | |
| Abridged model | 31/12/2009 | 12/06/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 13/06/2009 | 27/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 14/06/2008 | 29/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 09/06/2007 | 23/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
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 30/06/2025 · 3 active · 19 ended
Active mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates12/01/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates02/07/2020ONTSLAGEN - BENOEMINGEN
- Other23/08/2016STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Registered office02/08/2016MAATSCHAPPELIJKE ZETEL
- Mandates10/06/2014KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates15/03/2012ONTSLAGEN - BENOEMINGEN
- Other20/01/2011STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Registered office09/05/2008MAATSCHAPPELIJKE ZETEL
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 202524,2 k €↓
- 2024Annual accounts 202427,2 k €↑
- 2023Annual accounts 2023-21,2 k €↓
- 2022Annual accounts 202252,2 k €↑
- 2021Annual accounts 2021-26,1 k €↓
- 2020Annual accounts 2020-17,6 k €↑
- 2019Annual accounts 2019-52 k €↑
- 2018Annual accounts 2018-64,7 k €↓
- 2017Annual accounts 201713,3 k €↑
- 2016Annual accounts 20162,4 k €↓
- 2015Annual accounts 20153,8 k €↑
- 2014Annual accounts 2014659 €↓
- 2013Annual accounts 2013902 €↓
- 2012Annual accounts 201220,7 k €↑
- 2011Annual accounts 201112,6 k €↓
- 2009Annual accounts 200958,1 k €↓
- 2008Annual accounts 2008430,6 k €↑
- 2007Annual accounts 20073 k €↓
- 2006Annual accounts 200650,1 k €
- 28/12/1986IncorporationPublic limited company