MAC-SAT
ActiveSummary
MAC-SAT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (-€419) and a net result of €688. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
44 d early
2024
196 d late
2023
71 d late
2022
4 d early
2021
9 d early
2020
10 d early
2019
4 d early
← 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 28 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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 27 July (4 of the last 5 filed years within 76 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
-€419▲ 62.2%
2023 · -€1,108
Net result
€688
2023 · -€1,291
Total assets
€30,296▲ 65.2%
2023 · €18,335
Solvency
-1.4%▲ 4.7pp
2023 · -6.0%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4,085▼ 7.0%€2,721▼ 33.4%-€1,742-€352▲ 79.8%€1,259
Net result€3,218within the sector's middle half▼ 22.1%-€756below the sector's middle half-€3,388below the sector's middle half▼ 348%-€1,291below the sector's middle half▲ 61.9%€688below the sector's middle half
Equity€4,327below the sector's middle half▲ 290%€3,572below the sector's middle half▼ 17.5%€183below the sector's middle half▼ 94.9%-€1,108below the sector's middle half-€419below the sector's middle half▲ 62.2%
Total assets€33,282below the sector's middle half▲ 13.9%€31,089below the sector's middle half▼ 6.6%€27,155below the sector's middle half▼ 12.7%€18,335below the sector's middle half▼ 32.5%€30,296below the sector's middle half▲ 65.2%
Debt€28,954▲ 3.0%€27,518▼ 5.0%€26,972▼ 2.0%€19,442▼ 27.9%€30,715▲ 58.0%
Working capital€4,177within the sector's middle half▲ 335%€3,422within the sector's middle half▼ 18.1%€33within the sector's middle half▼ 99.0%-€1,158within the sector's middle half-€469within the sector's middle half▲ 59.5%
Solvency13.0%below the sector's middle half▲ 9.2pp11.5%below the sector's middle half▼ 1.5pp0.7%below the sector's middle half▼ 10.8pp-6.0%below the sector's middle half▼ 6.7pp-1.4%below the sector's middle half▲ 4.7pp
Current ratio1.14within the sector's middle half▲ 0.111.12within the sector's middle half▼ 0.021.00within the sector's middle half▼ 0.120.94within the sector's middle half▼ 0.060.98within the sector's middle half▲ 0.04
Return on assets (ROA)9.7%within the sector's middle half▼ 4.5pp-2.4%below the sector's middle half▼ 12.1pp-12.5%below the sector's middle half▼ 10.0pp-7.0%below the sector's middle half▲ 5.4pp2.3%within the sector's middle half▲ 9.3pp
Staff (FTE)0.5below the sector's middle half=0.9▲ 80.0%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1,259 after a loss of €352 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30,296
Fixed assets
€50 =
Current assets
€30,246 ▲ 65.4%
Key figures and ratios
Debt ≤ 1 year
€30,715▲
2023 · €19,442
Staff costs
€9,152▲
2023 · -€5,959
Equity ratios withheld: equity of -€419 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €885 | €4,825 | - | - | - |
| Remuneration, social security and pensions62 | - | €10,563 | €10,274 | -€5,959 | €9,152 | ▲ 254% |
| Other operating charges640/8 | - | €349 | €326 | €1,371 | €465 | ▼ 66.1% |
| Non-recurring operating charges66A | - | - | €287 | - | - | - |
| Gross operating margin9900 | €17,653 | €13,633 | €9,145 | -€4,940 | €10,876 | ▲ 320% |
| Operating profit (loss)9901 | €4,085 | €2,721 | -€1,742 | -€352 | €1,259 | ▲ 458% |
| Financial income75/76B | - | €0 | €2 | €41 | - | - |
| Recurring financial income75 | €9 | €0 | €2 | €41 | - | - |
| Financial charges65/66B | - | €1,087 | €541 | €980 | €571 | ▼ 41.8% |
| Recurring financial charges65 | €505 | €1,087 | €541 | €980 | €571 | ▼ 41.8% |
| Profit (loss) for the period before taxes9903 | €3,589 | €1,634 | -€2,281 | -€1,291 | €688 | ▲ 153% |
| Income taxes67/77 | €371 | €2,389 | €1,108 | - | - | - |
| Profit (loss) for the period9904 | €3,218 | -€756 | -€3,388 | -€1,291 | €688 | ▲ 153% |
| Profit (loss) for the period to be appropriated9905 | €3,218 | -€756 | -€3,388 | -€1,291 | €688 | ▲ 153% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €33,282 | €31,089 | €27,155 | €18,335 | €30,296 | ▲ 65.2% |
| Fixed assets21/28 | €150 | €150 | €150 | €50 | €50 | = |
| Financial fixed assets28 | €150 | €150 | €150 | €50 | €50 | = |
| Current assets29/58 | €33,132 | €30,939 | €27,005 | €18,285 | €30,246 | ▲ 65.4% |
| Stocks and contracts in progress3 | €6,517 | €7,765 | €6,942 | €6,942 | €8,052 | ▲ 16.0% |
| Stocks30/36 | - | €7,765 | €6,942 | €6,942 | €8,052 | ▲ 16.0% |
| Amounts receivable within one year40/41 | €7,144 | €1,018 | €760 | €1,236 | €14,649 | ▲ 1,085% |
| Trade receivables40 | - | €979 | €641 | €1,118 | €12,232 | ▲ 994% |
| Other amounts receivable41 | - | €40 | €118 | €118 | €2,417 | ▲ 1,942% |
| Cash at bank and in hand54/58 | €19,218 | €22,061 | €19,304 | €9,832 | €7,270 | ▼ 26.1% |
| Deferred charges and accrued income490/1 | - | €94 | - | €275 | €275 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €33,282 | €31,089 | €27,155 | €18,335 | €30,296 | ▲ 65.2% |
| Equity10/15 | €4,327 | €3,572 | €183 | -€1,108 | -€419 | ▲ 62.2% |
| Contributions10/11 | - | €1 | €1 | €1 | €1 | = |
| Profit (loss) carried forward14 | €4,326 | €3,571 | €182 | -€1,109 | -€420 | ▲ 62.1% |
| Amounts payable17/49 | €28,954 | €27,518 | €26,972 | €19,442 | €30,715 | ▲ 58.0% |
| Amounts payable within one year42/48 | €28,954 | €27,518 | €26,972 | €19,442 | €30,715 | ▲ 58.0% |
| Trade debts44 | €3,535 | €12,285 | €7,071 | €4,466 | €14,390 | ▲ 222% |
| Suppliers440/4 | - | €12,285 | €7,071 | €4,466 | €14,390 | ▲ 222% |
| Taxes, remuneration and social security45 | - | €3,233 | €6,901 | €2,977 | €2,297 | ▼ 22.8% |
| Taxes450/3 | - | €1,473 | €3,248 | €2,977 | €560 | ▼ 81.2% |
| Remuneration and social security454/9 | - | €1,760 | €3,653 | - | €1,738 | - |
| Other amounts payable47/48 | - | €12,000 | €13,000 | €12,000 | €14,028 | ▲ 16.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,218 | -€756 | -€3,388 | -€1,291 | €688 | ▲ 153% |
| Operating cash flow (approximation) | €3,218 | -€756 | -€3,388 | -€1,291 | €688 | ▲ 153% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €100 | €0 | ▼ 100% |
| Change in cash | - | €2,843 | -€2,757 | -€9,472 | -€2,562 | ▲ 72.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 196 days late
2024
31-12
Financial
Back to profitnet €688
Net result €688 after 3 loss-making years.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€3,388
Net result drops to -€3,388, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €4,129
Net result €4,129 after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Jans-Molenbeek · 2 establishment units since 2017
Ground area
259 m²
Building footprint
190 m²
Volume, LiDAR
2,618 m³
2 parcels, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Mac-Sat
since 20172.263.976.733
MA THEORIE
since 20242.359.324.268
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0898/00B006 | Brussels | 202 m² | 1 · 133 m² | 15.2 m · 5 fl. |
| 21013B0194/00R006 | Brussels | 57 m² | 1 · 57 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 806 companies in sector 64999 we hold annual accounts for 487. 12 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
64999Other financial services
95100Repair and maintenance of computers and communication equipment
43350Other building finishing work
47400Retail sale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0674462279
Registered
03-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.