ACTIVE

ENTREPRISES GENERALES MASSET

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Financial year 2025 · Closed on 31/12/2025

Net result16,3 k €-76,8 %over 1 year

Gross margin996,4 k €+2,0 %over 1 year

Equity2,3 M €+0,7 %over 1 year

Workforce24,8 ETP+1,2 %over 1 year

Identity

Source · BCE/KBO

ENTREPRISES GENERALES MASSET is a Public limited company incorporated in 2000. Its main activity is: Construction of buildings. Its registered office is in Walhain. It employs on average 24,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0473.432.056
Incorporation: 08/12/2000
Legal form: Public limited company
Registered office: Rue Saint Lambert(WSP) 31
1457 Walhain · WallonieSee on map
Contributed capital: 984 711,24 €
Latest accounts: 31/12/2025
Average workforce: 24,8 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 42110Construction of roads and motorways 42110Construction of roads and motorways 45211Maintenance and repair of motor vehicles 45230Maintenance and repair of motor vehicles+5

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	996,4 k €	+2.0%	976,7 k €	-11.3%	1,1 M €	+12.8%	975,8 k €	-4.0%	1 M €
EBITDA	142,9 k €	-37.2%	227,6 k €	-9.5%	251,4 k €	+70.9%	147,1 k €	-45.0%	267,3 k €
Operating result	7 k €	-92.0%	86,8 k €	+50.2%	57,8 k €	+711%	-9,5 k €	-107%	129,1 k €
Net result	16,3 k €	-76.8%	70,1 k €	+50.2%	46,7 k €	+1014%	-5,1 k €	-105%	102,6 k €
Balance sheet
Equity	2,3 M €	+0.7%	2,3 M €	+3.2%	2,2 M €	+2.2%	2,1 M €	-0.2%	2,1 M €
Total assets	2,7 M €	-4.0%	2,8 M €	+14.6%	2,4 M €	-3.6%	2,5 M €	-2.2%	2,6 M €
Cash	913,4 k €	+17.5%	777,2 k €	+5.5%	736,6 k €	-10.6%	824,4 k €	-1.4%	836,3 k €
Debts	333 k €	-27.4%	458,9 k €	+159%	177,4 k €	-42.4%	307,9 k €	-14.5%	360,1 k €
Other
Workforce	24,8 ETP	+1.2%	24,5 ETP	-12.5%	28,0 ETP	+7.7%	26,0 ETP	0.0%	26,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 25 ended

Active mandates

Cédric ROUSSEAU

Director · since 04 mai 2023 · until 25 août 2029

Active

Charly DE WAERSEGGERS

Director · since 04 mai 2023 · until 25 mai 2029

Active

Olivier MASSET

Director · since 04 mai 2023 · until 25 mai 2029

Active

Pierre MASSET

Director · since 04 mai 2023 · until 25 mai 2029

Active

Ended mandates

Charly DE WAERSEGGERS

Director · since 26 mai 2017 · until 26 mai 2023

Ended

Charly DE WAERSEGGERS

Director · since 26 mai 2017 · until 25 mai 2029

Ended

Olivier MASSET

Director · since 26 mai 2017 · until 26 mai 2023

Ended

Olivier MASSET

Director · since 26 mai 2017 · until 25 mai 2029

Ended

Full financial information

Source · NBB

	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	21/08/2026	03/07/2025	14/06/2024	28/08/2023	31/08/2022	29/08/2021
General meeting	30/06/2026	30/06/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	21/08/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	03/07/2025	French	PDF
Abridged model	31/12/2023	31/05/2024	14/06/2024	French	PDF
Abridged model	31/12/2022	26/05/2023	28/08/2023	French	PDF
Abridged model	31/12/2021	27/05/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	29/08/2021	French	PDF
Abridged model	31/12/2019	29/05/2020	05/10/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	28/08/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	29/06/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	18/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	16/08/2016	French	PDF
Abridged model	31/12/2014	29/05/2015	03/09/2015	French	PDF
Abridged model	31/12/2013	30/05/2014	19/08/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	25/05/2012	11/07/2012	French	PDF
Abridged model	31/12/2010	27/05/2011	23/06/2011	French	PDF
Abridged model	31/12/2009	28/05/2010	01/07/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	11/06/2009	French	PDF
Abridged model	31/12/2007	30/05/2008	23/06/2008	French	PDF
Abridged model	31/12/2006	25/05/2007	25/06/2007	French	PDF

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 25 ended

Active mandates

Cédric ROUSSEAU

Director · since 04 mai 2023 · until 25 août 2029

Active

Charly DE WAERSEGGERS

Director · since 04 mai 2023 · until 25 mai 2029

Active

Olivier MASSET

Director · since 04 mai 2023 · until 25 mai 2029

Active

Pierre MASSET

Director · since 04 mai 2023 · until 25 mai 2029

Active

Ended mandates

Charly DE WAERSEGGERS

Director · since 26 mai 2017 · until 26 mai 2023

Ended

Charly DE WAERSEGGERS

Director · since 26 mai 2017 · until 25 mai 2029

Ended

Olivier MASSET

Director · since 26 mai 2017 · until 26 mai 2023

Ended

Olivier MASSET

Director · since 26 mai 2017 · until 25 mai 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other06/12/2023
DIVERS
PDF
Mandates16/05/2023
DEMISSIONS, NOMINATIONS
PDF
Capital / shares19/04/2018
CAPITAL, ACTIONS
PDF
Mandates26/10/2017
DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/04/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/01/2012
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates03/04/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates02/03/2007
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202516,3 k €↓
2024
Annual accounts 202470,1 k €↑
2023
Annual accounts 202346,7 k €↑
2022
Annual accounts 2022-5,1 k €↓
2021
Annual accounts 2021102,6 k €↑
2020
Annual accounts 202045,2 k €↓
2019
Annual accounts 2019255,4 k €↑
2018
Annual accounts 201828,8 k €↓
2017
Annual accounts 201732,6 k €↓
2016
Annual accounts 201655,2 k €↓
2015
Annual accounts 201588,6 k €↓
2014
Annual accounts 2014260,9 k €↑
2013
Annual accounts 201381,4 k €↓
2012
Annual accounts 201286,6 k €↓
2011
Annual accounts 201191,6 k €↓
2010
Annual accounts 2010113,1 k €↑
2009
Annual accounts 200980,6 k €↓
2008
Annual accounts 200886,5 k €↑
2007
Annual accounts 200768,9 k €↓
2006
Annual accounts 2006235,6 k €
08/12/2000
IncorporationPublic limited company

ENTREPRISES GENERALES MASSET

Overview

Identity

Financials

Valuation

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

Timeline