ACTIVE

MASSIN Frères

Financial year 2024 · Closed on 31/12/2024

Net result27,7 k €+61,2 %over 1 year
Gross margin96,7 k €+13,5 %over 1 year
Equity147,9 k €-1,5 %over 1 year

Identity

Source · BCE/KBO

MASSIN Frères is a Private limited company incorporated in 2015. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0640.719.543
Incorporation
08/10/2015
Legal form
Private limited company
Registered office
Rue Chaffette 22
4032 Liège · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 118
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20242023202220212020
Income statement
Gross margin96,7 k €85,2 k €54,6 k €72 k €88,5 k €
EBITDA55,2 k €42,7 k €20,1 k €67,3 k €85 k €
Operating result34 k €18,8 k €-508,7 €52,3 k €74,1 k €
Net result27,7 k €17,2 k €-671,9 €36,8 k €49,3 k €
Balance sheet
Equity147,9 k €150,2 k €133 k €133,6 k €96,9 k €
Total assets204,4 k €223,8 k €242,7 k €217,2 k €182,9 k €
Cash9 k €25,3 k €21,8 k €60,6 k €49,3 k €
Debts53,8 k €69,7 k €108,2 k €83,5 k €84,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 6 ended

Active mandates

Michel MASSIN

Director · since 07 octobre 2015

Active

Ended mandates

Pierre MASSIN

Manager · since 08 octobre 2015

Ended
Michel MASSIN

Manager · since 07 octobre 2015

Ended
Pierre MASSIN

Director · since 07 octobre 2015

Ended
Pierre MASSIN

Manager · since 07 octobre 2015

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202530/09/202425/10/202319/10/202231/08/202130/11/2020
General meeting30/06/202530/09/202430/06/202330/06/202230/06/202130/06/2020
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202529/07/2025FrenchPDF
Micro model31/12/202330/09/202430/09/2024FrenchPDF
Micro model31/12/202230/06/202325/10/2023FrenchPDF
Micro model31/12/202130/06/202219/10/2022FrenchPDF
Micro model31/12/202030/06/202131/08/2021FrenchPDF
Micro model31/12/201930/06/202030/11/2020FrenchPDF
Micro model31/12/201830/06/201930/10/2019FrenchPDF
Abridged model31/12/201730/06/201824/09/2018FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 6 ended

Active mandates

Michel MASSIN

Director · since 07 octobre 2015

Active

Ended mandates

Pierre MASSIN

Manager · since 08 octobre 2015

Ended
Michel MASSIN

Manager · since 07 octobre 2015

Ended
Pierre MASSIN

Director · since 07 octobre 2015

Ended
Pierre MASSIN

Manager · since 07 octobre 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/06/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Other11/04/2018
    DIVERS
    PDF
  • Registered office14/02/2017
    SIEGE SOCIAL
    PDF
  • Other12/10/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202427,7 k €↑
  2. 2023
    Annual accounts 202317,2 k €↑
  3. 2022
    Annual accounts 2022-671,9 €↓
  4. 2021
    Annual accounts 202136,8 k €↓
  5. 2020
    Annual accounts 202049,3 k €↑
  6. 2019
    Annual accounts 201931,1 k €↑
  7. 2018
    Annual accounts 201828,8 k €↑
  8. 2017
    Annual accounts 20177,2 k €
  9. 08/10/2015
    IncorporationPrivate limited company