MA Technics
Annual accounts 2025
micro format, filed on 20-07-2026, 11 days before the deadline€456,131
▲ 0.5%
€12,081
▼ 92.4%
€7,897
▼ 92.8%
-€75,438
▼ €272,167
55.1%
▼ 10.3 percentage points
0.74
▼ 1.32
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.3m. Estimated: probably between €960,000 and €1.7m.
Balance sheet
balance sheet total €650,673 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
55.1%
Higher than 59% of 35,136 companies in 2025.
0.74
Higher than 12% of 34,510 companies in 2025.
1.2%
Higher than 29% of 34,711 companies in 2025.
MA Technics
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
€44,485
Staff costs divided by the average number of full-time equivalents.
-2 people
people who joined
people who left
In 2025, nobody joined and 2 people left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
650,673 | 535,762 | 368,306 | 333,905 | 182,775 | 139,808 | 109,115 | 70,855 | 84,378 | 33,559 | |
21/28 |
433,728 | 153,664 | 30,890 | 44,884 | 16,152 | 19,824 | 28,530 | 22,522 | 12,726 | 10,172 | |
22/27 |
432,928 | 152,864 | 30,090 | 44,084 | 15,352 | 19,024 | 27,730 | 21,722 | 11,926 | 10,172 | |
22 |
418,114 | 119,812 | - | - | - | - | - | - | - | - | |
23 |
0 | 2,297 | 7,424 | 13,648 | 3,399 | 3,374 | 4,945 | 13,122 | 10,477 | 4,653 | |
24 |
14,814 | 30,755 | 22,666 | 30,437 | 11,953 | 15,650 | 22,785 | 8,600 | 1,449 | 5,518 | |
28 |
800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | - | |
29/58 |
216,945 | 382,098 | 337,415 | 289,021 | 166,623 | 119,984 | 80,585 | 48,333 | 71,652 | 23,387 | |
29 |
- | - | - | - | - | - | - | - | - | 22,867 | |
290 |
- | - | - | - | - | - | - | - | - | 17,083 | |
291 |
- | - | - | - | - | - | - | - | - | 5,784 | |
40/41 |
213,614 | 259,625 | 97,294 | 233,240 | 113,013 | 65,416 | 50,229 | 9,741 | 61,874 | - | |
40 |
93,840 | 153,866 | 4,694 | 169,133 | 48,805 | - | 957 | 2,926 | 59,881 | - | |
41 |
119,775 | 105,759 | 92,600 | 64,107 | 64,208 | 65,416 | 49,272 | 6,816 | 1,992 | - | |
54/58 |
3,331 | 122,473 | 240,121 | 55,780 | 53,610 | 54,568 | 30,356 | 38,592 | 9,199 | 520 | |
490/1 |
- | - | - | - | - | - | - | - | 579 | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
650,673 | 535,762 | 368,306 | 333,905 | 182,775 | 139,808 | 109,115 | 70,855 | 84,378 | 33,559 | |
10/15 |
358,290 | 350,393 | 240,385 | 171,107 | 89,015 | 69,589 | 63,989 | 13,319 | 7,132 | 4,482 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
290,561 | 282,664 | 172,656 | 103,378 | 21,286 | 1,860 | 1,860 | 1,860 | 47 | - | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 47 | - | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
133 |
290,561 | 282,664 | 172,656 | 101,518 | 19,426 | - | - | - | - | - | |
14 |
61,529 | 61,529 | 61,529 | 61,529 | 61,529 | 61,529 | 55,929 | 5,259 | 885 | -1,718 | |
17/49 |
292,383 | 185,369 | 127,921 | 162,798 | 93,760 | 70,219 | 45,127 | 57,536 | 77,246 | 29,076 | |
42/48 |
292,383 | 185,369 | 127,921 | 162,798 | 93,760 | 70,219 | 45,127 | 57,536 | 77,246 | 29,076 | |
44 |
106,481 | 52,336 | 43,856 | 67,441 | 30,074 | 26,249 | 6,829 | 13,965 | 1,451 | 3,920 | |
440/4 |
106,481 | 52,336 | 43,856 | 67,441 | 30,074 | 26,249 | 6,829 | 13,965 | 1,451 | 3,920 | |
45 |
107,969 | 124,557 | 78,312 | 93,945 | 60,666 | 43,602 | 38,297 | 22,748 | 36,499 | 12,237 | |
450/3 |
57,191 | 80,938 | 57,762 | 43,303 | 8,457 | 15,800 | 14,497 | 2,281 | 525 | - | |
454/9 |
50,778 | 43,619 | 20,550 | 50,642 | 52,208 | 27,802 | 23,800 | 20,467 | 35,974 | 12,237 | |
47/48 |
77,933 | 8,476 | 5,752 | 1,412 | 3,021 | 368 | - | 20,824 | 39,297 | 12,920 | |
| Income statement | |||||||||||
76A |
- | - | - | - | - | - | - | - | - | 21 | |
9900 |
456,131 | 453,704 | 377,460 | 464,606 | 272,865 | 194,736 | 293,073 | 112,742 | 60,815 | 99,708 | |
62 |
373,670 | 248,655 | 247,995 | 322,535 | 223,328 | 165,571 | 204,931 | 86,880 | 45,425 | 89,684 | |
630 |
21,436 | 25,827 | 22,726 | 17,804 | 15,679 | 19,009 | 22,519 | 16,340 | 11,140 | 10,488 | |
640/8 |
48,944 | 20,940 | 6,542 | 7,406 | 5,854 | 2,780 | 928 | 1,486 | 1,093 | 1,218 | |
66A |
- | 0 | 3,068 | - | - | - | - | - | - | 52 | |
9901 |
12,081 | 158,283 | 97,130 | 116,861 | 28,005 | 7,376 | 64,695 | 8,036 | 3,157 | -1,681 | |
75/76B |
14 | 1 | 12 | 5 | 28 | 1 | - | 0 | 16 | 21 | |
75 |
14 | 1 | 12 | 5 | 28 | 1 | - | - | - | - | |
76B |
- | - | - | - | - | - | - | 0 | 16 | 21 | |
65/66B |
477 | 138 | 133 | 65 | 192 | 76 | 159 | 55 | 43 | 52 | |
65 |
477 | 138 | 133 | 65 | - | - | - | - | - | - | |
66B |
- | - | - | - | 192 | 76 | 159 | 55 | 43 | 52 | |
9903 |
11,619 | 158,146 | 97,008 | 116,801 | 27,841 | 7,300 | 64,536 | 7,981 | 3,130 | -1,712 | |
67/77 |
3,721 | 48,138 | 27,730 | 34,709 | 8,414 | 1,700 | 13,866 | 1,794 | 481 | 6 | |
9904 |
7,897 | 110,008 | 69,278 | 82,092 | 19,426 | 5,600 | 50,670 | 6,187 | 2,650 | -1,718 | |
9905 |
7,897 | 110,008 | 69,278 | 82,092 | 19,426 | 5,600 | 50,670 | 6,187 | 2,650 | -1,718 | |
| Appropriation of the result | |||||||||||
9906 |
69,426 | 171,537 | 130,807 | 143,621 | 80,955 | 61,529 | 55,929 | 7,072 | 932 | -1,718 | |
14P |
61,529 | 61,529 | 61,529 | 61,529 | 61,529 | - | - | - | - | - | |
691/2 |
7,897 | 110,008 | 69,278 | 82,092 | 19,426 | - | - | 1,813 | 47 | - | |
6920 |
- | - | - | - | - | - | - | 1,813 | 47 | - | |
6921 |
7,897 | 110,008 | 69,278 | 82,092 | 19,426 | - | - | - | - | - | |
| Social balance sheet | |||||||||||
9087 |
8.4 | 5.5 | 6 | 6.6 | 5.1 | 4.2 | 4.9 | 2.4 | 1.3 | 2.9 | |
Hours worked1013 |
10,794 | 7,592 | 6,792 | 9,976 | 7,512 | 6,040 | 7,600 | 3,552 | 952 | 2,696 | |
| Document | |||||||||||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-07-2026 | 2026-00310617 | |
| 31-12-2024 | micro format | 15-07-2025 | 2025-00269568 | |
| 31-12-2023 | micro format | 18-07-2024 | 2024-00256355 | |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00410482 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20369464 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-57800211 | |
| 31-12-2019 | micro format | 07-10-2020 | 2020-59600017 | |
| 31-12-2018 | micro format | 22-07-2019 | 2019-35700187 | |
| 31-12-2017 | micro format | 24-07-2018 | 2018-37200445 | |
| 31-12-2016 | abbreviated format | 14-08-2017 | 2017-43500127 |
Subsidies and aid
Flemish government 2022 to 2023, 2 entries, €835 awarded, €835 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €514 | €514 |
| 2022 | 1 | €321 | €321 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 33,517 | 184,110 | 119,856 | 134,665 | 43,684 | 26,385 | 87,214 | 24,376 | 14,297 | 8,807 | ||
| 29,333 | 135,835 | 92,004 | 99,896 | 35,105 | 24,610 | 73,189 | 22,527 | 13,789 | 8,770 | ||
| 301,500 | 148,600 | 11,800 | 46,536 | 12,007 | 10,304 | 28,527 | 26,135 | 13,694 | 20,660 | ||
| -119,142 | -117,648 | 184,340 | 2,170 | -958 | 24,212 | -8,236 | 29,393 | 8,679 | - | ||
| -75,438 | 196,729 | 209,494 | 126,223 | 72,863 | 49,765 | 35,459 | -9,203 | -5,594 | -5,689 | ||
| 55.1% | 65.4% | 65.3% | 51.2% | 48.7% | 49.8% | 58.6% | 18.8% | 8.5% | 13.4% | ||
| 0.74 | 2.06 | 2.64 | 1.78 | 1.78 | 1.71 | 1.79 | 0.84 | 0.93 | 0.80 | ||
| 0.82 | 0.53 | 0.53 | 0.95 | 1.05 | 1.01 | 0.71 | 4.32 | 10.83 | 6.49 | ||
| 2.2% | 31.4% | 28.8% | 48.0% | 21.8% | 8.0% | 79.2% | 46.5% | 37.2% | -38.3% | ||
| 1.2% | 20.5% | 18.8% | 24.6% | 10.6% | 4.0% | 46.4% | 8.7% | 3.1% | -5.1% | ||
| 70.27 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 9 | 3 | 8 | 5 |
| full-time | 7 | 9 | 3 | 8 | 5 |
| part-time | 0 | 0 | 0 | 0 | - |
| in full-time equivalents | 7 | 9 | 3 | 8 | 5 |
| 8.4 | 5.5 | 5.9 | 6.6 | 5.1 | |
| On a permanent contract | 7 | 9 | 3 | 8 | 5 |
| Joined | 0 | 7 | 2 | 3 | 2 |
| Left | 2 | 1 | 7 | 0 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €301,500 | €148,600 | €11,800 | €46,536 | €12,007 |
| Financial fixed assets | €0 | - | - | - | - |
| €21,436 | €25,827 | €22,726 | €17,804 | €15,679 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MA Technics
The operating result for 2025 is 92% lower than in 2024 and the lowest since 2020.
Debt's share of the balance-sheet total rises from 34.6% to 44.9%. Equity and debt are higher.