ACTIVE

MASS

Financial year 2025 · closed on 31/12/2025
Net result
-89,9 k €
-161.7% YoY
Gross margin
34 k €
+740.7% YoY
Equity
130,3 k €
-40.8% YoY
Workforce
0,0 ETP

What does MASS do?

MASS is a Private company with limited liability incorporated in 1995. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0455.209.419
Incorporation
19/05/1995
Legal form
Private company with limited liability
Registered office
Pereboomstraat 20
3000 Leuven · FlandreSee on map
Contributed capital
40 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin34 k €-5,3 k €15,2 k €39 k €41,5 k €31,2 k €53,9 k €-13 k €104,1 k €-55,6 k €103,2 k €115,4 k €175,9 k €154,5 k €102 k €149,7 k €-46 k €62,9 k €66,8 k €
EBITDA-35,1 k €-17,2 k €-5,6 k €34,4 k €35,7 k €28 k €50,4 k €-20 k €102,9 k €-93,6 k €53,6 k €75,3 k €130,6 k €128 k €95,4 k €141,9 k €-47,6 k €55,7 k €60,9 k €
Operating result-78,6 k €-34 k €-27,7 k €9,7 k €-529 €-17,4 k €4,7 k €-68,2 k €102,8 k €-105,5 k €25 k €42,8 k €96,5 k €95,2 k €65,7 k €119,2 k €-66,6 k €43 k €45,3 k €
Net result-89,9 k €-34,3 k €-19 k €8 k €6,2 k €-11,7 k €15,7 k €-29,2 k €61,7 k €159,7 k €-5,2 k €12,1 k €28,8 k €40,7 k €30,4 k €90,9 k €-95 k €26 k €11,3 k €
Balance sheet
Equity130,3 k €220,2 k €254,5 k €273,5 k €368,1 k €357,1 k €368,7 k €334,8 k €364 k €302,3 k €337 k €342,2 k €330,2 k €301,4 k €260,7 k €230,3 k €139,4 k €234,3 k €208,3 k €
Total assets1,1 M €679,6 k €742,6 k €872 k €895,3 k €1 M €1 M €1,1 M €644,2 k €532,7 k €685,4 k €804,7 k €738,3 k €745,2 k €736,6 k €679 k €588,9 k €489,3 k €447,8 k €
Cash29,7 k €29,2 k €655,4 €781,7 €925,9 €9,9 k €53,8 k €63,8 k €222,5 k €305,1 k €2,5 k €22,7 k €6,4 k €11,5 k €3,3 k €11,8 k €19,8 k €7 k €
Debts916 k €387,8 k €413,4 k €518,6 k €444,1 k €542 k €557,4 k €618 k €132 k €82,2 k €348,4 k €462,5 k €408,2 k €443,8 k €476 k €448,7 k €449,5 k €254,6 k €239,1 k €
Other
Workforce0,0 ETP0,6 ETP0,8 ETP0,8 ETP0,8 ETP0,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

LOVANI

Director · since 24 mai 2024 · 0455.475.277

Represented by FERSON GEERT

Active

Ended mandates

LOVANI

Director · since 24 mai 2024 · 0455.475.277

Represented by FERSON GEERT

Ended
Olivier VERKINDEREN

Director · since 15 septembre 2015

Ended
Olivier VERKINDEREN

Manager · since 15 septembre 2015

Ended
Alexandre VERKINDEREN

Director · since 30 juillet 2015

Ended
At this address

Other companies at this address

CompanyCBE no.
LOVANIActive
0455.475.277
Nemo & CoActive
0505.848.367
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/04/202618/04/202527/03/202421/08/202302/08/202230/07/2021
General meeting07/04/202614/04/202519/03/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202507/04/202608/04/2026DutchPDF
Micro model31/12/202414/04/202518/04/2025DutchPDF
Micro model31/12/202319/03/202427/03/2024DutchPDF
Micro model31/12/202230/06/202321/08/2023DutchPDF
Micro model31/12/202130/06/202202/08/2022DutchPDF
Micro model31/12/202030/06/202130/07/2021DutchPDF
Micro model31/12/201907/09/202007/10/2020DutchPDF
Micro model31/12/201830/06/201929/07/2019DutchPDF
Abridged model31/12/201731/05/201831/08/2018DutchPDF
Abridged model31/12/201631/05/201731/08/2017DutchPDF
Abridged model31/12/201512/05/201626/08/2016DutchPDF
Abridged model31/12/201414/05/201528/08/2015DutchPDF
Abridged model31/12/201309/05/201426/08/2014DutchPDF
Abridged model31/12/201210/05/201318/07/2013DutchPDF
Abridged model31/12/201110/05/201229/08/2012DutchPDF
Abridged model31/12/201012/05/201112/08/2011DutchPDF
Abridged model31/12/200913/05/201029/07/2010DutchPDF
Abridged model31/12/200814/05/200928/08/2009DutchPDF
Abridged model31/12/200702/01/200825/08/2008DutchPDF
Abridged model31/12/200610/05/200705/07/2007DutchPDF
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.

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 · 1 active · 11 ended

Active mandates

LOVANI

Director · since 24 mai 2024 · 0455.475.277

Represented by FERSON GEERT

Active

Ended mandates

LOVANI

Director · since 24 mai 2024 · 0455.475.277

Represented by FERSON GEERT

Ended
Olivier VERKINDEREN

Director · since 15 septembre 2015

Ended
Olivier VERKINDEREN

Manager · since 15 septembre 2015

Ended
Alexandre VERKINDEREN

Director · since 30 juillet 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/07/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/03/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Registered office13/11/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/10/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/08/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/03/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/05/2009
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025-89,9 k €
  2. 2024
    Annual accounts 2024-34,3 k €
  3. 2023
    Annual accounts 2023-19 k €
  4. 2022
    Annual accounts 20228 k €
  5. 2021
    Annual accounts 20216,2 k €
  6. 2019
    Annual accounts 2019-11,7 k €
  7. 2018
    Annual accounts 201815,7 k €
  8. 2017
    Annual accounts 2017-29,2 k €
  9. 2016
    Annual accounts 201661,7 k €
  10. 2015
    Annual accounts 2015159,7 k €
  11. 2014
    Annual accounts 2014-5,2 k €
  12. 2013
    Annual accounts 201312,1 k €
  13. 2012
    Annual accounts 201228,8 k €
  14. 2011
    Annual accounts 201140,7 k €
  15. 2010
    Annual accounts 201030,4 k €
  16. 2009
    Annual accounts 200990,9 k €
  17. 2008
    Annual accounts 2008-95 k €
  18. 2007
    Annual accounts 200726 k €
  19. 2006
    Annual accounts 200611,3 k €
  20. 19/05/1995
    IncorporationPrivate company with limited liability