MACA
InactiveFinancials · financial year 2024, micro format
2024 annual accounts filed late (29 days) Filed on 29 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00456231.
Equity
€39,845▼ 95.7%
2024 · €920,235
Total assets
€61,772▼ 93.4%
2024 · €937,395
Net result
€112,172▲ 5.5%
2024 · €106,301
Working capital
€42,231▼ 94.6%
2024 · €785,457
Trend over the years
2021 to 2024, 5 financial years 2018 to 2024, 8 financial years
Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€28,451
2024
Net result€112,172
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€61,772
2024
Equity€39,845
2024
Debt€21,927
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€42,231
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242024
Operating result€90,431-€93,107▲ 3.0%€122,989▲ 32.1%€109,275▼ 11.2%€105,488▼ 3.5%€144,856▲ 37.3%€151,281▲ 4.4%€28,451-
Net result€88,505-€66,081▼ 25.3%€91,605▲ 38.6%€80,717▼ 11.9%€43,083▼ 46.6%€100,824▲ 134%€106,301▲ 5.4%€112,172-
Equity€484,974-€551,055▲ 13.6%€642,660▲ 16.6%€723,378▲ 12.6%€739,951▲ 2.3%€820,249▲ 10.9%€920,235▲ 12.2%€39,845-
Total assets€488,060-€553,262▲ 13.4%€650,671▲ 17.6%€731,353▲ 12.4%€753,801▲ 3.1%€842,199▲ 11.7%€937,395▲ 11.3%€61,772-
Debt€3,085-€2,207▼ 28.5%€8,010▲ 263%€7,976▼ 0.4%€13,850▲ 73.6%€21,950▲ 58.5%€17,161▼ 21.8%€21,927-
Working capital€351,677-€430,736▲ 22.5%€538,245▲ 25.0%€596,774▲ 10.9%€618,225▲ 3.6%€708,385▲ 14.6%€785,457▲ 10.9%€42,231-
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2024 as the grey bar beneath
Assets €61,772
Fixed assets
€3,698 ▼ 97.3%
Current assets
€58,073 ▼ 92.8%
Equity and liabilities €61,772
Equity
€39,845 ▼ 95.7%
Debt
€21,927 ▲ 27.8%
Debt's share of the balance-sheet total rises from 1.8% to 35.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30,897▼
2024 · €155,238
Cash flow
€114,618▲
2024 · €110,258
Current ratio
3.67▼
2024 · 46.77
Debt to equity
0.55▲
2024 · 0.02
ROE
281.5%▲
2024 · 11.6%
ROA
181.6%▲
2024 · 11.3%
Interest coverage
93.96▼
2024 · over 100
Debt ≤ 1 year
€15,842▼
2024 · €17,161
Income taxes
€23,893▼
2024 · €49,628
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €17,750 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,476 | €24,353 | €23,067 | €25,408 | €14,020 | €14,167 | €3,957 | €2,446 | - |
| Other operating charges640/8 | - | - | - | €2,298 | €2,695 | €2,558 | €3,061 | €192 | - |
| Gross operating margin9900 | €116,472 | €120,188 | €148,789 | €136,981 | €122,203 | €161,581 | €158,299 | €31,089 | - |
| Operating profit (loss)9901 | €90,431 | €93,107 | €122,989 | €109,275 | €105,488 | €144,856 | €151,281 | €28,451 | - |
| Financial income75/76B | - | - | - | €4,178 | - | €5,178 | €5,616 | €107,943 | - |
| Recurring financial income75 | €37,616 | - | €6,168 | €4,178 | - | €5,178 | €5,616 | €107,943 | - |
| Financial charges65/66B | - | - | - | €1,087 | €31,093 | €1,055 | €968 | €329 | - |
| Recurring financial charges65 | €1,346 | €1,095 | €1,034 | €1,087 | €31,093 | €1,055 | €968 | €329 | - |
| Profit (loss) for the period before taxes9903 | €126,701 | €92,012 | €128,123 | €112,365 | €74,395 | €148,979 | €155,929 | €136,065 | - |
| Income taxes67/77 | €38,196 | €25,931 | €36,517 | €31,648 | €31,312 | €48,155 | €49,628 | €23,893 | - |
| Profit (loss) for the period9904 | €88,505 | €66,081 | €91,605 | €80,717 | €43,083 | €100,824 | €106,301 | €112,172 | - |
| Profit (loss) for the period to be appropriated9905 | €88,505 | €66,081 | €91,605 | €80,717 | €43,083 | €100,824 | €106,301 | €112,172 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.5m | €0.6m | €0.7m | €0.7m | €0.8m | €0.8m | €0.9m | €0.06m | - |
| Fixed assets21/28 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.004m | - |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.004m | - |
| Land and buildings22 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.007m | €0.006m | €0.006m | €0.004m | €0.004m | - |
| Furniture and vehicles24 | - | - | - | €0.001m | €0.001m | - | - | - | - |
| Current assets29/58 | €0.4m | €0.4m | €0.5m | €0.6m | €0.6m | €0.7m | €0.8m | €0.06m | - |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | - | - | €0.009m | - | - | €0.01m | - |
| Other amounts receivable41 | - | - | - | - | €0.009m | - | - | €0.01m | - |
| Current investments50/53 | - | - | €0.2m | €0.3m | €0.3m | €0.6m | €0.6m | - | - |
| Cash at bank and in hand54/58 | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.1m | €0.2m | €0.009m | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.03m | €0.02m | €0.03m | €0.04m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.5m | €0.6m | €0.7m | €0.7m | €0.8m | €0.8m | €0.9m | €0.06m | - |
| Equity10/15 | €0.5m | €0.6m | €0.6m | €0.7m | €0.7m | €0.8m | €0.9m | €0.04m | - |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | - |
| Reserves13 | €0.5m | €0.5m | €0.6m | €0.7m | €0.7m | €0.8m | €0.9m | €1.0m | - |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.7m | €0.7m | €0.8m | €0.9m | €1.0m | - |
| Advance to shareholders on the distribution of net assets19 | - | - | - | - | - | - | - | €1.0m | - |
| Amounts payable17/49 | €0.003m | €0.002m | €0.008m | €0.008m | €0.01m | €0.02m | €0.02m | €0.02m | - |
| Amounts payable within one year42/48 | €0.002m | €448 | €0.006m | €0.006m | €0.01m | €0.02m | €0.02m | €0.02m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.005m | €0.002m | €0.008m | €0.01m | €0.01m | - |
| Taxes450/3 | - | - | - | €0.005m | €0.002m | €0.008m | €0.01m | €0.01m | - |
| Other amounts payable47/48 | - | - | - | €0.001m | €0.01m | €0.01m | €0.003m | €0.001m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.001m | €0.001m | - | €0.006m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €88,505 | €66,081 | €91,605 | €80,717 | €43,083 | €100,824 | €106,301 | €112,172 | - |
| + Depreciation and write-downs630 | €23,476 | €24,353 | €23,067 | €25,408 | €14,020 | €14,167 | €3,957 | €2,446 | - |
| Operating cash flow (approximation) | €111,981 | €90,433 | €114,673 | €106,125 | €57,103 | €114,991 | €110,258 | €114,618 | - |
| Investment in fixed assets (approximation) | - | -€12,502 | -€7,809 | -€46,879 | -€8,091 | -€4,782 | -€25,756 | - | - |
| Change in cash | - | €71,633 | -€89,372 | -€15,603 | €29,927 | -€206,219 | €81,996 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 41 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 29-08-2025 | 2025-00456231 |
| 28-11-2024 | micro format | 27-06-2025 | 2025-00193160 |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00433642 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00401951 |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20452884 |
| 31-12-2020 | micro format | 14-09-2021 | 2021-67500552 |
| 31-12-2019 | micro format | 08-09-2020 | 2020-52600101 |
| 31-12-2018 | micro format | 22-08-2019 | 2019-49400550 |
| 31-12-2017 | micro format | 27-08-2018 | 2018-52100195 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-58500378 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.