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M.A.C.2

Active
Private limited companyfounded 201213 yrs activeAllée Johannes Tinctoris 1, 1400 Nivelles, BelgiumKBO/BCE: BE 0500.796.350
Summary

M.A.C.2 has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €570,584 and a net result of €158,299. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 8521 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Advertising agencies
NACE 73110Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110NACE 47112
1 site
Size
€2.3mtotal assets 2025
Staff
12.9 FTE
Equity
€570,584
Profit
€158,299
Turnover not published (abridged schema)
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts filed 60 d late0 of 9 deeds read
Why 94- Latest accounts 60 days late; 1 of the last 3 late+ Size: total assets €2.3m+ Founded in 2012+ Figures for FY 2025 (filed 04-09-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 62% of its sector peers (NACE 73, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 50-5
equity 24.7% of total assets
Liquidity 59-9
short-term debt 18.7% · cash 11.5%
Profitability 77-12
return on assets 6.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (716 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%▼ -1.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%▲ +4.1% vs 01-2025 03-2025: 0.2%▲ +3.4% vs 02-2025 04-2025: 0.2%▲ +5.7% vs 03-2025 05-2025: 0.3%▲ +20.6% vs 04-2025 06-2025: 0.3%▲ +24.2% vs 05-2025highest value 07-2025: 0.1%▼ -64.4% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%▼ -63.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%▲ +2.3% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%▲ +4.4% vs 03-2026 05-2026: < 0.1%▲ +2.1% vs 04-2026 06-2026: 0.1%▲ +14.6% vs 05-2026 07-2026: 0.1%▲ +34.5% vs 06-2026 08-2026: 0.2%▲ +168% vs 07-2026 09-2026: 0.2%▲ +21.7% vs 08-2026 10-2026: 0.1%▼ -53.9% vs 09-2026
  • Size: total assets €2.3m lowers the probability for this profile
  • Latest accounts 60 days late; 1 of the last 3 late raises the probability
  • Founded in 2012 lowers the probability for this profile
  • Figures for FY 2025 (filed 04-09-2026) lowers the probability
Credit up to €50,000 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.25 in 2024; short-term debt: 18.7% and cash: 11.5% of total assets), and 75.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 73, small). Better than this share of them on solvency 30%, liquidity 71%, profitability 74%, growth against the median 71%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €2.3m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Latest accounts 60 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Founded in 2012
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 04-09-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €570,584
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
60 d late
2024
37 d early
2023
22 d early
2022
9 d late
2021
22 d late
2020
25 d early
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 August (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2018net €274,175 ▲222%

Key points

  • Positive: Among the best 5% on net resultsector median €14,843 · 8,521 companies €158,299 View
  • Caution: Result fell in 2025from €274,175 to €158,299 ▼ 42.3% View
  • Positive: 7 profitable years in a rowprofit 2025: €158,299 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.3m
Profit
€158,299
Solvency
24.7%
Total assets▲ 37.8%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 29-09-2026Annual accounts filed
  2. 24-06-2025Annual accounts filed
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Advertising agenciesNACE 73110
Founded
14-11-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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