MACA
InactiveFinancials · financial year 2025, micro format
Equity
€214,032▲ 17.7%
2024 · €181,845
Total assets
€224,660▲ 14.7%
2024 · €195,895
Net result
€33,907▼ 33.7%
2024 · €51,104
Working capital
€214,290▲ 17.7%
2024 · €181,999
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 33% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€50,787
2025
Net result€33,907
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€224,660
2025
Equity€214,032
2025
Debt€10,628
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€214,290
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€27,404-€5,217▼ 81.0%€52,363▲ 904%€15,274▼ 70.8%€33,677▲ 120%€75,686▲ 125%€50,787▼ 32.9%
Net result€22,056-€2,778▼ 87.4%€34,343▲ 12×€9,108▼ 73.5%€22,580▲ 148%€51,104▲ 126%€33,907▼ 33.7%
Equity€83,809-€84,962▲ 1.4%€117,705▲ 38.5%€125,213▲ 6.4%€146,132▲ 16.7%€181,845▲ 24.4%€214,032▲ 17.7%
Total assets€119,351-€110,164▼ 7.7%€134,483▲ 22.1%€128,625▼ 4.4%€153,842▲ 19.6%€195,895▲ 27.3%€224,660▲ 14.7%
Debt€35,542-€25,202▼ 29.1%€16,778▼ 33.4%€3,412▼ 79.7%€7,709▲ 126%€14,050▲ 82.3%€10,628▼ 24.4%
Working capital€77,998-€79,015▲ 1.3%€110,730▲ 40.1%€125,234▲ 13.1%€146,132▲ 16.7%€181,999▲ 24.5%€214,290▲ 17.7%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €224,660
Equity
€214,032 ▲ 17.7%
Debt
€10,628 ▼ 24.4%
Debt's share of the balance-sheet total falls from 7.2% to 4.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
21.66▲
2024 · 14.10
Debt to equity
0.05▼
2024 · 0.08
ROE
15.8%▼
2024 · 28.1%
ROA
15.1%▼
2024 · 26.1%
Debt ≤ 1 year
€10,371▼
2024 · €13,896
Income taxes
€16,829▼
2024 · €24,535
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,583 | €7,419 | €7,419 | €6,975 | - | - | - | - |
| Other operating charges640/8 | - | - | €101 | €102 | €109 | €118 | €120 | ▲ 1.7% |
| Gross operating margin9900 | €35,085 | €12,736 | €59,884 | €22,351 | €33,786 | €75,804 | €50,907 | ▼ 32.8% |
| Operating profit (loss)9901 | €27,404 | €5,217 | €52,363 | €15,274 | €33,677 | €75,686 | €50,787 | ▼ 32.9% |
| Financial income75/76B | - | - | - | - | - | - | €1 | - |
| Recurring financial income75 | €6 | - | - | - | - | - | €1 | - |
| Financial charges65/66B | - | - | €295 | €133 | €45 | €47 | €51 | ▲ 9.2% |
| Recurring financial charges65 | €609 | €474 | €295 | €133 | €45 | €47 | €51 | ▲ 9.2% |
| Profit (loss) for the period before taxes9903 | €26,801 | €4,743 | €52,068 | €15,141 | €33,632 | €75,639 | €50,737 | ▼ 32.9% |
| Income taxes67/77 | €4,745 | €1,965 | €17,726 | €6,033 | €11,052 | €24,535 | €16,829 | ▼ 31.4% |
| Profit (loss) for the period9904 | €22,056 | €2,778 | €34,343 | €9,108 | €22,580 | €51,104 | €33,907 | ▼ 33.7% |
| Profit (loss) for the period to be appropriated9905 | €22,056 | €2,778 | €34,343 | €9,108 | €22,580 | €51,104 | €33,907 | ▼ 33.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €119,351 | €110,164 | €134,483 | €128,625 | €153,842 | €195,895 | €224,660 | ▲ 14.7% |
| Fixed assets21/28 | €21,813 | €14,394 | €6,975 | - | - | - | - | - |
| Tangible fixed assets22/27 | €21,813 | €14,394 | €6,975 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | €6,975 | - | - | - | - | - |
| Current assets29/58 | €97,538 | €95,770 | €127,507 | €128,625 | €153,842 | €195,895 | €224,660 | ▲ 14.7% |
| Amounts receivable within one year40/41 | €20,456 | €20,080 | €548 | €9,717 | €1,040 | €403 | €561 | ▲ 39.2% |
| Other amounts receivable41 | - | - | €548 | €9,717 | €1,040 | €403 | €561 | ▲ 39.2% |
| Cash at bank and in hand54/58 | €70,723 | €70,761 | €125,035 | €117,172 | €131,697 | €187,207 | €215,949 | ▲ 15.4% |
| Deferred charges and accrued income490/1 | - | - | €1,924 | €1,735 | €21,105 | €8,285 | €8,150 | ▼ 1.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €119,351 | €110,164 | €134,483 | €128,625 | €153,842 | €195,895 | €224,660 | ▲ 14.7% |
| Equity10/15 | €83,809 | €84,962 | €117,705 | €125,213 | €146,132 | €181,845 | €214,032 | ▲ 17.7% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €35,962 | €37,115 | €69,858 | €77,366 | €98,285 | €133,998 | €167,905 | ▲ 25.3% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | €67,998 | €75,506 | €96,425 | €133,998 | €167,905 | ▲ 25.3% |
| Profit (loss) carried forward14 | €29,247 | €29,247 | €29,247 | €29,247 | €29,247 | €29,247 | €27,527 | ▼ 5.9% |
| Amounts payable17/49 | €35,542 | €25,202 | €16,778 | €3,412 | €7,709 | €14,050 | €10,628 | ▼ 24.4% |
| Amounts payable after more than one year17 | €16,001 | €8,081 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €19,540 | €16,754 | €16,778 | €3,391 | €7,709 | €13,896 | €10,371 | ▼ 25.4% |
| Current portion of amounts payable after more than one year42 | - | - | €8,081 | - | - | - | - | - |
| Trade debts44 | €5,406 | €5,244 | €1,388 | €182 | €678 | €2,159 | €2,476 | ▲ 14.7% |
| Suppliers440/4 | - | - | €1,388 | €182 | €678 | €2,159 | €2,476 | ▲ 14.7% |
| Taxes, remuneration and social security45 | - | - | €3,754 | €1,231 | €2,590 | €5,454 | €3,907 | ▼ 28.4% |
| Taxes450/3 | - | - | €3,754 | €1,231 | €2,590 | €5,454 | €3,907 | ▼ 28.4% |
| Other amounts payable47/48 | - | - | €3,555 | €1,978 | €4,442 | €6,283 | €3,988 | ▼ 36.5% |
| Accrued charges and deferred income492/3 | - | - | - | €21 | - | €154 | €258 | ▲ 67.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,056 | €2,778 | €34,343 | €9,108 | €22,580 | €51,104 | €33,907 | ▼ 33.7% |
| + Depreciation and write-downs630 | €7,583 | €7,419 | €7,419 | €6,975 | - | - | - | - |
| Operating cash flow (approximation) | €29,639 | €10,197 | €41,762 | €16,083 | €22,580 | €51,104 | €33,907 | ▼ 33.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - | - | - |
| Change in cash | - | €38 | €54,274 | -€7,862 | €14,525 | €55,510 | €28,743 | ▼ 48.2% |
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 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 09-04-2026 | 2026-00075982 |
| 30-09-2024 | micro format | 16-04-2025 | 2025-00070529 |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00077615 |
| 30-09-2022 | micro format | 27-04-2023 | 2023-00073421 |
| 30-09-2021 | micro format | 13-04-2022 | 2022-20004898 |
| 30-09-2020 | micro format | 12-03-2021 | 2021-07500505 |
| 30-09-2019 | micro format | 15-04-2020 | 2020-09400153 |
| 30-09-2018 | micro format | 12-04-2019 | 2019-10100285 |
| 30-09-2017 | micro format | 23-04-2018 | 2018-10500429 |
| 30-09-2016 | abbreviated format | 23-05-2017 | 2017-12900518 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.