ACTIVE

MASSA-TEX

Financial year 2025 · closed on 31/12/2025
Net result
26,9 k €
+1377.9% YoY
Gross margin
492,6 k €
+21.3% YoY
Equity
19 k €
+97.1% YoY

What does MASSA-TEX do?

MASSA-TEX is a Private limited company incorporated in 1999. Its registered office is in Hélécine.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.411.821
Incorporation
22/11/1999
Legal form
Private limited company
Registered office
Rue Haute-Pierrée, Oph. 27
1357 Hélécine · WallonieSee on map
Contributed capital
6 197,33 €
Latest accounts
31/12/2025
Joint committees (2)
  • 100
  • 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin492,6 k €406,2 k €562,1 k €452,5 k €365,9 k €188,5 k €246 k €259,5 k €230,2 k €173,2 k €157,9 k €137,9 k €178,3 k €254,2 k €110,5 k €90,7 k €74,4 k €80,3 k €74 k €60,6 k €
EBITDA35,4 k €3,2 k €-28,1 k €25,7 k €59,1 k €-31 k €2,3 k €26,9 k €5,2 k €-414,3 €12,5 k €24,6 k €4,8 k €37,3 k €11,4 k €13,3 k €3,8 k €9,6 k €11,3 k €2,7 k €
Operating result35,4 k €2,4 k €-31,5 k €16,5 k €51,1 k €-37,9 k €-5,8 k €18,6 k €3,5 k €-2,3 k €10,7 k €22,4 k €2,9 k €36,4 k €3,1 k €7,7 k €-1,9 k €3,8 k €5,5 k €-3,2 k €
Net result26,9 k €-2,1 k €-33,9 k €11,8 k €49,4 k €-44,1 k €-6,8 k €11,8 k €1,2 k €-4,7 k €5,8 k €14,8 k €-2,3 k €19,6 k €408 €1,8 k €-4,5 k €-896 €1,6 k €-4,5 k €
Balance sheet
Equity19 k €9,6 k €11,7 k €45,7 k €33,8 k €-15,5 k €28,5 k €35,3 k €23,5 k €22,3 k €27 k €21,2 k €6,5 k €8,8 k €-10,8 k €-11,2 k €-12,9 k €-8,5 k €-7,6 k €-9,2 k €
Total assets169 k €165,1 k €133,6 k €126,5 k €110,5 k €95,1 k €87,6 k €97,5 k €59 k €55,1 k €60,3 k €48,4 k €32,1 k €59 k €61,1 k €70,4 k €39,8 k €66,5 k €56,2 k €41,9 k €
Cash31,3 k €61,7 k €39 k €52,4 k €42 k €15,4 k €26,2 k €34,6 k €16,9 k €18,7 k €28,5 k €32,4 k €8,7 k €36,6 k €13,9 k €4,7 k €13,2 k €7,3 k €5,7 k €
Debts150 k €155,5 k €121,9 k €80,8 k €76,7 k €110,7 k €59,1 k €62,2 k €35,5 k €32,8 k €33,3 k €27,1 k €25,7 k €50,3 k €71,9 k €80,9 k €52,3 k €74,9 k €63,7 k €50,8 k €
Other
Workforce6,3 ETP6,4 ETP5,9 ETP5,4 ETP7,8 ETP3,5 ETP3,0 ETP3,0 ETP3,0 ETP4,0 ETP4,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Ann Palmyre J Massaer

Manager · since 10 novembre 1999

Active

Ended mandates

Ann Massaer

Manager · since 10 novembre 1999

Ended
Anne Massaer

Manager · since 10 novembre 1999

Ended
Ann Massaer

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date23/07/202624/07/202505/08/202403/03/202301/03/202230/03/2021
General meeting27/06/202628/06/202529/06/202428/02/202328/02/202201/03/2021
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
Micro model31/12/202527/06/202623/07/2026DutchPDF
Micro model31/12/202428/06/202524/07/2025DutchPDF
Micro model31/12/202329/06/202405/08/2024DutchPDF
Micro model30/09/202228/02/202303/03/2023DutchPDF
Micro model30/09/202128/02/202201/03/2022DutchPDF
Micro model30/09/202001/03/202130/03/2021DutchPDF
Micro model30/09/201928/02/202001/04/2020DutchPDF
Micro model30/09/201828/02/201919/04/2019DutchPDF
Micro model30/09/201728/02/201830/03/2018DutchPDF
Abridged model30/09/201628/02/201729/03/2017DutchPDF
Abridged model30/09/201528/02/201601/04/2016DutchPDF
Abridged model30/09/201428/02/201517/03/2015DutchPDF
Abridged model30/09/201314/02/201417/02/2014DutchPDF
Abridged model30/09/201228/02/201319/03/2013DutchPDF
Abridged model30/09/201128/02/201221/05/2012FrenchPDF
Abridged model30/09/201028/02/201119/05/2011FrenchPDF
Abridged model30/09/200928/04/201031/05/2010FrenchPDF
Abridged model30/09/200828/02/200925/05/2009FrenchPDF
Abridged model30/09/200728/02/200826/05/2008FrenchPDF
Abridged model30/09/200614/04/200731/07/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 3 ended

Active mandates

Ann Palmyre J Massaer

Manager · since 10 novembre 1999

Active

Ended mandates

Ann Massaer

Manager · since 10 novembre 1999

Ended
Anne Massaer

Manager · since 10 novembre 1999

Ended
Ann Massaer

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares17/03/2023
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office14/03/2007
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    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 202526,9 k €
  2. 2024
    Annual accounts 2024-2,1 k €
  3. 2023
    Annual accounts 2023-33,9 k €
  4. 2022
    Annual accounts 202211,8 k €
  5. 2021
    Annual accounts 202149,4 k €
  6. 2020
    Annual accounts 2020-44,1 k €
  7. 2019
    Annual accounts 2019-6,8 k €
  8. 2018
    Annual accounts 201811,8 k €
  9. 2017
    Annual accounts 20171,2 k €
  10. 2016
    Annual accounts 2016-4,7 k €
  11. 2015
    Annual accounts 20155,8 k €
  12. 2014
    Annual accounts 201414,8 k €
  13. 2013
    Annual accounts 2013-2,3 k €
  14. 2012
    Annual accounts 201219,6 k €
  15. 2011
    Annual accounts 2011408 €
  16. 2010
    Annual accounts 20101,8 k €
  17. 2009
    Annual accounts 2009-4,5 k €
  18. 2008
    Annual accounts 2008-896 €
  19. 2007
    Annual accounts 20071,6 k €
  20. 2006
    Annual accounts 2006-4,5 k €
  21. 22/11/1999
    IncorporationPrivate limited company