ACTIVE

MASSED

Financial year 2025 · closed on 31/03/2025
Net result
1,6 k €
-67.6% YoY
Gross margin
7,8 k €
-1.7% YoY
Equity
1,1 M €
+0.1% YoY

What does MASSED do?

MASSED is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Deinze.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0827.926.969
Incorporation
29/06/2010
Legal form
Private limited company
Registered office
Molenhuisstraat 44 box A
9800 Deinze · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/03/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132011
Income statement
Gross margin7,8 k €7,9 k €41,3 k €230,2 k €69,9 k €87,1 k €130,5 k €184,9 k €58,9 k €74,5 k €95,9 k €87,5 k €163,6 k €6 k €
EBITDA7,7 k €6,8 k €40,3 k €224,2 k €61 k €85,9 k €129,4 k €183,7 k €57,7 k €73,4 k €76,3 k €43,5 k €144,6 k €6 k €
Operating result7,7 k €6,8 k €40,3 k €183,6 k €61 k €85,9 k €129,4 k €183,7 k €57,7 k €73,4 k €76,1 k €40,3 k €111,4 k €2,2 k €
Net result1,6 k €4,9 k €16,6 k €129,1 k €50,1 k €59,2 k €88 k €117,1 k €34,1 k €42,9 k €38,6 k €21,6 k €145,4 k €219,6 k €
Balance sheet
Equity1,1 M €1,1 M €1,1 M €1 M €906,9 k €856,8 k €797,6 k €709,7 k €592,6 k €558,5 k €515,6 k €477,1 k €455,4 k €319,6 k €
Total assets1,1 M €1,2 M €1,3 M €2,6 M €979,8 k €951,6 k €956,1 k €1,1 M €983,5 k €987,5 k €985,7 k €984,5 k €1,1 M €801,4 k €
Cash20,9 k €12,2 k €3,7 k €59,5 k €20,8 k €4,7 k €17,1 k €4,6 k €3 k €5,8 k €3,9 k €798,2 €16,1 k €2,4 k €
Debts51,5 k €101,9 k €209,2 k €1,6 M €72,9 k €92,4 k €158,5 k €435,2 k €390,9 k €429 k €470 k €504,6 k €687,7 k €481,8 k €
Other
Workforce0,4 ETP0,9 ETP0,2 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 31/03/2025 · 1 active · 5 ended

Active mandates

Edward Vande Vyvere

Director

Active

Ended mandates

Edward Vande Vijvere

Manager · since 25 juin 2012

Ended
Edward Vande Vyvere

Director · since 25 juin 2012

Ended
Edward Vande Vyvere

Manager · since 25 juin 2012

Ended
Francis Maselis

Manager · since 29 juin 2010 · until 04 juillet 2016

Ended
At this address

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0675.573.524
VAMAFINActive
0826.871.550
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/10/202529/10/202427/10/202325/10/202229/10/202109/10/2020
General meeting13/09/202530/09/202409/09/202310/09/202211/09/202112/09/2020
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202513/09/202531/10/2025DutchPDF
Micro model31/03/202430/09/202429/10/2024DutchPDF
Micro model31/03/202309/09/202327/10/2023DutchPDF
Micro model31/03/202210/09/202225/10/2022DutchPDF
Micro model31/03/202111/09/202129/10/2021DutchPDF
Micro model31/03/202012/09/202009/10/2020DutchPDF
Micro model31/03/201914/09/201908/10/2019DutchPDF
Micro model31/03/201808/09/201810/10/2018DutchPDF
Micro model31/03/201709/09/201722/09/2017DutchPDF
Abridged model31/03/201610/09/201623/09/2016DutchPDF
Abridged model31/03/201512/09/201528/09/2015DutchPDF
Abridged model31/03/201427/09/201424/10/2014DutchPDF
Abridged model31/03/201314/09/201325/09/2013DutchPDF
Abridged model30/06/201110/12/201114/12/2011DutchPDF
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 31/03/2025 · 1 active · 5 ended

Active mandates

Edward Vande Vyvere

Director

Active

Ended mandates

Edward Vande Vijvere

Manager · since 25 juin 2012

Ended
Edward Vande Vyvere

Director · since 25 juin 2012

Ended
Edward Vande Vyvere

Manager · since 25 juin 2012

Ended
Francis Maselis

Manager · since 29 juin 2010 · until 04 juillet 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/12/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates25/08/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2012
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other29/07/2010
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,6 k €
  2. 2024
    Annual accounts 20244,9 k €
  3. 2023
    Annual accounts 202316,6 k €
  4. 2022
    Annual accounts 2022129,1 k €
  5. 2021
    Annual accounts 202150,1 k €
  6. 2020
    Annual accounts 202059,2 k €
  7. 2019
    Annual accounts 201988 k €
  8. 2018
    Annual accounts 2018117,1 k €
  9. 2017
    Annual accounts 201734,1 k €
  10. 2016
    Annual accounts 201642,9 k €
  11. 2015
    Annual accounts 201538,6 k €
  12. 2014
    Annual accounts 201421,6 k €
  13. 2013
    Annual accounts 2013145,4 k €
  14. 2011
    Annual accounts 2011219,6 k €
  15. 29/06/2010
    IncorporationPrivate limited company