ACTIVE

MASITI

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Financial year 2026 · Closed on 31/03/2026

Net result48,2 k €+334,7 %over 1 year
Gross margin100,4 k €-71,1 %over 1 year
Equity3,8 M €+0,7 %over 1 year

Identity

Source · BCE/KBO

MASITI is a Private limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0479.826.039
Incorporation
21/03/2003
Legal form
Private limited company
Registered office
Galjoenstraat 12 box 5.01
9000 Gent · FlandreSee on map
Contributed capital
601 642,50 €
Latest accounts
31/03/2026
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20262025202420232022
Income statement
Gross margin100,4 k €347,2 k €20,7 k €111,8 k €188,6 k €
EBITDA63,1 k €180,3 k €12,4 k €-146,2 k €182,8 k €
Operating result-6,1 k €74,5 k €-96,6 k €-248,9 k €12,6 k €
Net result48,2 k €-20,5 k €-78,4 k €-133,9 k €184,6 k €
Balance sheet
Equity3,8 M €3,8 M €3,8 M €4,3 M €4,5 M €
Total assets6,4 M €6,1 M €6,1 M €6 M €5,8 M €
Cash130 k €81,6 k €48,8 k €529,6 k €418,3 k €
Debts2,5 M €2,2 M €2,2 M €1,7 M €1,3 M €

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 31/03/2026

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Lode Waes
Directorsince 14/03/2003Manager14/03/2003 → 2019 accountsended
Mathias Waes
Director

Other companies at this address

Galjoenstraat 12 9000 Gent
CompanyCBE no.
CIRCULAR● Active
0772.907.876
CLEAN ENERGY INNOVATIVE PROJECTS● Active
0831.341.369
CLEAN ENERGY INVEST● Active
0816.804.039
DESTUYVER● Active
0783.632.316

Full financial information

Source · NBB
202620252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/10/202631/10/202523/10/202427/10/202328/10/202215/10/2021
General meeting30/09/202630/09/202530/09/202425/10/202330/09/202212/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202630/09/202629/10/2026DutchPDF
Micro model31/03/202530/09/202531/10/2025DutchPDF
Micro model31/03/202430/09/202423/10/2024DutchPDF
Micro model31/03/202325/10/202327/10/2023DutchPDF
Micro model31/03/202230/09/202228/10/2022DutchPDF
Abridged model31/03/202112/10/202115/10/2021DutchPDF
Abridged model31/03/202023/10/202030/10/2020DutchPDF
Abridged model31/03/201930/09/201923/10/2019DutchPDF
Abridged model31/03/201831/08/201809/10/2018DutchPDF
Abridged model31/03/201728/09/201726/10/2017DutchPDF
Abridged model31/03/201625/10/201614/11/2016DutchPDF
Abridged model31/03/201528/08/201529/09/2015DutchPDF
Abridged model31/03/201415/09/201409/10/2014DutchPDF
Abridged model31/03/201329/10/201320/11/2013DutchPDF
Abridged model31/03/201228/09/201221/11/2012DutchPDF
Abridged model31/03/201115/12/201127/12/2011DutchPDF
Abridged model31/03/201015/12/201015/12/2010DutchPDF
Abridged model31/03/200930/10/200930/10/2009DutchPDF
Abridged model31/03/200826/01/200905/02/2009DutchPDF
Abridged model31/03/200729/01/200829/01/2008DutchPDF

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 31/03/2026

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Lode Waes
Directorsince 14/03/2003Manager14/03/2003 → 2019 accountsended
Mathias Waes
Director

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/07/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares29/12/2017
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares27/11/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other31/03/2003
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Lode Waes
Mathias Waes
200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
MASITI
Galjoenstraat / 12 5.01, 9000 Gent
DirectorManager
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Galjoenstraat 12 bte 5.01, 9000 GentCurrent
accounts 2026
Accounts 2026 · 2026-00596411
Galjoenstraat / 12 5.01, 9000 Gent
accounts 2024 → 2025
Accounts 2025 · 2025-00555434
Galjoenstraat 12 bte 5.01, 9000 Gent
accounts 2023
Accounts 2023 · 2023-00494201
Galjoenstraat box 12 5.01, 9000 Gent
accounts 2022
Accounts 2022 · 2022-20475693

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MASITICurrent
accounts 2023 → 2026
Accounts 2026 · 2026-00596411
Lode Waes
accounts 2022
Accounts 2022 · 2022-20475693

Events

  1. 2026
    Annual accounts 202648,2 k €↑
  2. 2025
    Annual accounts 2025-20,5 k €↑
  3. 2024
    Annual accounts 2024-78,4 k €↑
  4. 2023
    Annual accounts 2023-133,9 k €↓
  5. 2023
    Name changeMASITI
  6. 2022
    Annual accounts 2022184,6 k €↑
  7. 2019
    Annual accounts 2019-172,2 k €↓
  8. 2018
    Annual accounts 2018460 k €↑
  9. 2017
    Annual accounts 2017280,7 k €↓
  10. 2016
    Annual accounts 20161,1 M €↑
  11. 2015
    Annual accounts 2015153,5 k €↓
  12. 2014
    Annual accounts 2014251,2 k €↓
  13. 2013
    Annual accounts 2013889 k €↑
  14. 2012
    Annual accounts 201274,9 k €↓
  15. 2011
    Annual accounts 201192,9 k €↓
  16. 2010
    Annual accounts 2010117,1 k €↓
  17. 2009
    Annual accounts 2009168,1 k €↓
  18. 2008
    Annual accounts 2008232,9 k €↑
  19. 2007
    Annual accounts 2007135,3 k €
  20. 21/03/2003
    IncorporationPrivate limited company