ACTIVE

MASSANT CREATION

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Financial year 2024 · closed on 31/12/2024

Net result

-30 k €

-116.9% YoY

Gross margin

118 k €

-64.1% YoY

Equity

138,2 k €

-17.9% YoY

What does MASSANT CREATION do?

MASSANT CREATION is a Public limited company incorporated in 2007. Its main activity is: Manufacture of furniture. Its registered office is in Nivelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0888.356.583

Incorporation

29/03/2007

Legal form

Public limited company

Registered office

Avenue Thomas Edison 90
1402 Nivelles · WallonieSee on map

Contributed capital

385 000,00 €

Latest accounts

31/12/2024

Activities (NACE)

31001Manufacture of furniture· main 31004Manufacture of furniture 31010Manufacture of office and shop furniture 31091Manufacture of other furniture 36111Water collection, treatment and supply 36122Water collection, treatment and supply

Signals

Good liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	118 k €	-64.1%	328,5 k €	+361%	71,3 k €	-58.5%	171,8 k €	-10.6%	192,1 k €	-20.2%	240,7 k €	-11.0%	270,5 k €	-31.6%	395,3 k €	-11.9%	448,6 k €	-1.6%	455,8 k €	+38.6%	328,8 k €	-38.3%	532,6 k €	-5.8%	565,2 k €	-24.8%	751,3 k €	+41.5%	531,1 k €	+91.5%	277,3 k €	-49.0%	543,6 k €	-22.8%	703,7 k €
EBITDA	65,2 k €	-76.3%	275,1 k €	+1061%	23,7 k €	-82.4%	134,9 k €	-8.4%	147,2 k €	+64.8%	89,3 k €	+2716%	-3,4 k €	-103%	119,1 k €	-2.3%	121,9 k €	-16.2%	145,6 k €	+746%	17,2 k €	-82.7%	99,4 k €	-3.0%	102,5 k €	-67.7%	317,6 k €	+517%	51,5 k €	+113%	-409,8 k €	-39.9%	-292,9 k €	-200%	292,6 k €
Operating result	807,8 €	-99.6%	212,9 k €	+618%	-41,1 k €	-159%	69,4 k €	-17.0%	83,6 k €	+210%	26,9 k €	+140%	-67,5 k €	-220%	56,3 k €	-10.2%	62,6 k €	-56.4%	143,7 k €	+886%	14,6 k €	-83.1%	86,1 k €	-1.5%	87,4 k €	-70.1%	291,8 k €	+1534%	17,9 k €	+104%	-472 k €	-38.3%	-341,3 k €	-234%	254,2 k €
Net result	-30 k €	-117%	177,7 k €	+322%	-79,9 k €	-428%	24,3 k €	-38.9%	39,8 k €	+271%	-23,3 k €	+78.2%	-107,2 k €	-49260%	218 €	-97.7%	9,5 k €	-93.5%	145,2 k €	+1671%	8,2 k €	-90.1%	83,2 k €	+10.6%	75,3 k €	-74.4%	293,4 k €	+3906%	7,3 k €	+101%	-510,3 k €	-39.8%	-365 k €	-1014%	39,9 k €
Balance sheet
Equity	138,2 k €	-17.9%	168,3 k €	+85.7%	90,6 k €	-46.8%	170,5 k €	+16.6%	146,2 k €	+37.5%	106,3 k €	-18.0%	129,7 k €	-45.3%	236,9 k €	+0.1%	236,7 k €	+4.2%	227,2 k €	+24.8%	182 k €	+4.7%	173,8 k €	+91.8%	90,6 k €	+207%	-84,7 k €	+77.6%	-378,1 k €	+1.9%	-385,4 k €	-1647%	24,9 k €	-93.6%	389,9 k €
Total assets	765,8 k €	-31.5%	1,1 M €	+34.2%	832,9 k €	-2.2%	851,5 k €	-11.5%	961,9 k €	-3.8%	999,4 k €	-8.9%	1,1 M €	-16.4%	1,3 M €	+1.4%	1,3 M €	+251%	368,6 k €	-8.5%	402,9 k €	-16.6%	483,3 k €	-6.5%	516,7 k €	+73.4%	297,9 k €	-21.5%	379,6 k €	-41.8%	652,5 k €	-12.7%	747,1 k €	-6.3%	796,9 k €
Cash	13,1 k €	-92.1%	166 k €	+13809%	1,2 k €	-97.3%	44,2 k €	+3432%	1,3 k €	+18.0%	1,1 k €	+65.2%	641,9 €	+103%	315,5 €	+813%	34,6 €	-99.7%	9,9 k €	+112%	4,7 k €	-95.4%	101,8 k €	-0.2%	102 k €	+3461%	2,9 k €	-43.4%	5,1 k €	+23.6%	4,1 k €	-79.7%	20,2 k €	-71.0%	69,6 k €
Debts	622,9 k €	-34.4%	949,8 k €	+28.0%	742,3 k €	+9.1%	680,6 k €	-16.6%	815,7 k €	-8.7%	893 k €	-7.6%	967 k €	-9.4%	1,1 M €	+0.9%	1,1 M €	+648%	141,4 k €	-35.6%	219,5 k €	-28.7%	307,7 k €	-27.8%	426,1 k €	+11.5%	382 k €	-49.6%	757,7 k €	-27.0%	1 M €	+43.7%	722,2 k €	+77.4%	407 k €
Other
Workforce	–		–		–		–		1,0 ETP		–		8,6 ETP	0.0%	8,6 ETP	-2.3%	8,8 ETP	-1.1%	8,9 ETP	-11.9%	10,1 ETP	-4.7%	10,6 ETP	-8.6%	11,6 ETP	0.0%	11,6 ETP	+2.7%	11,3 ETP	-48.6%	22,0 ETP	+15.8%	19,0 ETP	+58.3%	12,0 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 31/12/2024 · 2 active · 23 ended

Active mandates

PIRCOOL

Director · since 20 décembre 2023 · until 19 décembre 2029 · 0785.479.373

Represented by Jean-Pierre PIRSON

Active

Dominique VANDREPOL

Director · since 01 janvier 2023 · until 19 décembre 2029

Active

Ended mandates

Dominique VANDREPOL

Director · since 26 octobre 2015

Ended

Jean-Pierre PIRSON

Director · since 26 octobre 2015

Ended

Jean-Pierre PIRSON

Managing director · since 26 octobre 2015

Ended

ADAMAS INTERNATIONAL

Director · since 07 mai 2013 · 0433.297.614

Represented by Jean-Pierre PIRSON

Ended

At this address

Other companies at this address

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BXL DECO● Active	0885.390.264
COFFEEDIS● Active	0465.023.146

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2025	06/08/2024	28/08/2023	29/08/2022	30/08/2021	24/10/2020
General meeting	06/05/2025	07/05/2024	02/05/2023	03/05/2022	04/05/2021	05/05/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	06/05/2025	23/07/2025	French	PDF
Micro model	31/12/2023	07/05/2024	06/08/2024	French	PDF
Micro model	31/12/2022	02/05/2023	28/08/2023	French	PDF
Micro model	31/12/2021	03/05/2022	29/08/2022	French	PDF
Abridged model	31/12/2020	04/05/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	05/05/2020	24/10/2020	French	PDF
Abridged model	31/12/2018	07/05/2019	13/09/2019	French	PDF
Abridged model	31/12/2017	02/05/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	02/05/2017	25/08/2017	French	PDF
Abridged model	31/12/2015	03/05/2016	02/06/2016	French	PDF
Abridged model	31/12/2014	05/05/2015	29/08/2015	French	PDF
Abridged model	31/12/2013	06/05/2014	26/08/2014	French	PDF
Abridged model	31/12/2012	07/05/2013	05/08/2013	French	PDF
Abridged model	31/12/2011	02/05/2012	20/09/2012	French	PDF
Abridged model	31/12/2010	03/05/2011	13/09/2011	French	PDF
Abridged model	31/12/2009	23/07/2010	24/11/2010	French	PDF
Abridged model	31/12/2008	05/05/2009	17/09/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	31/07/2008	French	PDF

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 31/12/2024 · 2 active · 23 ended

Active mandates

PIRCOOL

Director · since 20 décembre 2023 · until 19 décembre 2029 · 0785.479.373

Represented by Jean-Pierre PIRSON

Active

Dominique VANDREPOL

Director · since 01 janvier 2023 · until 19 décembre 2029

Active

Ended mandates

Dominique VANDREPOL

Director · since 26 octobre 2015

Ended

Jean-Pierre PIRSON

Director · since 26 octobre 2015

Ended

Jean-Pierre PIRSON

Managing director · since 26 octobre 2015

Ended

ADAMAS INTERNATIONAL

Director · since 07 mai 2013 · 0433.297.614

Represented by Jean-Pierre PIRSON

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates14/06/2016
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates08/12/2015
DEMISSIONS, NOMINATIONS
PDF
Capital / shares17/06/2015
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/10/2014
DEMISSIONS, NOMINATIONS
PDF
Capital / shares18/06/2012
CAPITAL, ACTIONS
PDF
Mandates21/03/2012
DEMISSIONS, NOMINATIONS
PDF
Capital / shares16/03/2009
CAPITAL, ACTIONS
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

2024
Annual accounts 2024-30 k €↓
2023
Annual accounts 2023177,7 k €↑
2022
Annual accounts 2022-79,9 k €↓
2021
Annual accounts 202124,3 k €↓
2020
Annual accounts 202039,8 k €↑
2019
Annual accounts 2019-23,3 k €↑
2018
Annual accounts 2018-107,2 k €↓
2017
Annual accounts 2017218 €↓
2016
Annual accounts 20169,5 k €↓
2015
Annual accounts 2015145,2 k €↑
2014
Annual accounts 20148,2 k €↓
2013
Annual accounts 201383,2 k €↑
2012
Annual accounts 201275,3 k €↓
2011
Annual accounts 2011293,4 k €↑
2010
Annual accounts 20107,3 k €↑
2009
Annual accounts 2009-510,3 k €↓
2008
Annual accounts 2008-365 k €↓
2007
Annual accounts 200739,9 k €
29/03/2007
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MASSANT CREATION

Overview

What does MASSANT CREATION do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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