MAC GUFF BELGIUM

Active

Private limited companyfounded 201313 yrs activeMolièrelaan 128, 1050 Elsene, BelgiumKBO/BCE: BE 0509.963.246

MAC GUFF BELGIUM has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-603k) and a net result of €-427k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 1934 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

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Checked score

Score 2024

7 / 100

Critical▼ -9 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+100

Solvency33▼-5

Growth32=

Stability100

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.24 against 0.69 in 2023), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-216.2%

Return on assets

-153.1%

Age of the figures

20 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 59

Relative position

BE, all sectors

reference

Sector 59

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Negative equity

Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year -€603k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

7 d early

2023

39 d early

2022

41 d early

2021

23 d early

2020

24 d early

2019

4 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-427k

2023 · €787

2018: €3k 2019: €12k 2020: €9k 2021: €-98k 2022: €-84k 2023: €787

2018 → 2024

Working capital

€-674k▼ 155%

2023 · €-264k

2018: €89k 2019: €147k 2020: €-64k 2021: €-115k 2022: €-219k 2023: €-264k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€4k-€-93k€-177k▼ 89.9%€-176k▲ 0.4%€-603k▼ 243%

Operating result€9k-€-92k€-78k▲ 15.0%€15k€-409k

Net result€9k-€-98k€-84k▲ 14.1%€787€-427k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €409k after €15k in 2023, the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €279k

25.3%

74.7%

Fixed assets €71k▼ 19.9%

Current assets €208k▼ 65.2%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-375k▼

2023 · €34k

Cash flow

€-393k▼

2023 · €19k

Solvency

-216.2%▼

2023 · -25.6%

Current ratio

0.24▼

2023 · 0.69

Quick ratio

0.24▼

2023 · 0.69

Debt / equity

-1.46▲

2023 · -4.91

ROE

70.8%▲

2023 · -0.4%

ROA

-153.1%▼

2023 · 0.1%

Interest coverage

-20.25▼

2023 · 2.36

Debt

€882k▲

2023 · €864k

Debt ≤ 1 year

€882k▲

2023 · €864k

Staff costs

€861k▼

2023 · €1.40M

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€688k€279k▼

Fixed assets21/28€88k€71k▼

Tangible fixed assets22/27€76k€59k▼

Plant, machinery and equipment23€7k€5k▼

Furniture and vehicles24€57k€43k▼

Other tangible fixed assets26€12k€10k▼

Financial fixed assets28€12k€12k=

Current assets29/58€600k€208k▼

Amounts receivable within one year40/41€222k€168k▼

Trade receivables40€217k€163k▼

Other amounts receivable41€5k€5k=

Cash at bank and in hand54/58€374k€28k▼

Deferred charges and accrued income490/1€4k€13k▲

Equity and liabilities

Total equity and liabilities10/49€688k€279k▼

Equity10/15€-176k€-603k▼

Contributions10/11€6k€8k▲

Reserves13€27k€26k▼

Non-distributable reserves130/1€2k€0▼

Reserves not available under the articles1311€2k€0▼

Distributable reserves133€26k€26k=

Profit (loss) carried forward14€-210k€-637k▼

Amounts payable17/49€864k€882k▲

Amounts payable within one year42/48€864k€882k▲

Trade debts44€367k€39k▼

Suppliers440/4€367k€39k▼

Taxes, remuneration and social security45€273k€177k▼

Taxes450/3€78k€20k▼

Remuneration and social security454/9€195k€156k▼

Other amounts payable47/48€224k€667k▲

Income statement Code20232024

Remuneration, social security and pensions62€1.40M€861k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€34k▲

Other operating charges640/8€732€387▼

Non-recurring operating charges66A-€27k

Gross operating margin9900€1.44M€514k▼

Operating profit (loss)9901€15k€-409k▼

Financial charges65/66B€14k€19k▲

Recurring financial charges65€14k€19k▲

Profit (loss) for the period before taxes9903€787€-427k▼

Profit (loss) for the period9904€787€-427k▼

Profit (loss) for the period to be appropriated9905€787€-427k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-210k€-637k▼

Profit (loss) brought forward from the previous period14P€-210k€-210k▲

Transfer from equity791/2-€2k

Transfer to equity691/2-€2k

To contributions691-€2k

Social balance

Average headcount (FTE)908721.5-

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

24-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-427k ▼54355%

Net result drops to €-427k, the lowest in the series.

22-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Back to profitnet €787

Net result €787 after 2 loss-making years.

20-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

08-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

07-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

27-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

31-12

Financial Highest result since 2018net €12k ▲333%

Net result €12k, the highest in the series.

19-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

27-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 27 days late

2017

29-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

11-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 11 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Elsene · 1 establishment unit since 2013

establishment approximate The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Molièrelaan 1281050 Elsene

Ground area

164 m²

Building footprint

77 m²

Volume, LiDAR

1,203 m³

Parcel 21612C0001/00Y018, Brussels · tallest building 26.5 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

MAC GUFF BELGIUM

Molièrelaan 128, 1050 ElseneProduction of cinema films

since 20132.216.973.107

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21612C0001/00Y018	Brussels	164 m²	1 · 77 m²	26.5 m · 6 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

SECRET REALM PRODUCTIONS

SIX SIX EIGHT PRODUCTIONS

BE 0663.580.958

Tessenderlo-Ham · Eq €5k

Of 1,321 companies in sector 59111 we hold annual accounts for 684. 313 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-02-2013

Fiscal year end31-12

Activities, NACEBEL

59111Production of cinema films

59113Video and film production, excluding cinema and television films

58190Other publishing activities, excluding software publishing

Sources

Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.