Macam
Annual accounts 2025
micro format, filed on 16-07-2026, 15 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €45,000. Estimated: probably between €24,000 and €88,000.
Balance sheet
balance sheet total €72,284 on 31-12-2025in euro
in euro
Position in the sector
58.8%
Higher than 57% of 9,696 companies in 2025.
2.38
Higher than 58% of 9,314 companies in 2025.
4.9%
Higher than 37% of 9,438 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
72,284 | 72,146 | 71,171 | 50,269 | |
21/28 |
1,305 | 2,179 | 3,054 | - | |
22/27 |
1,305 | 2,179 | 3,054 | - | |
23 |
277 | 659 | 1,042 | - | |
24 |
1,028 | 1,520 | 2,012 | - | |
29/58 |
70,979 | 69,966 | 68,118 | 50,269 | |
29 |
24,000 | 3,500 | 3,500 | 3,500 | |
290 |
24,000 | - | - | - | |
291 |
- | 3,500 | 3,500 | 3,500 | |
40/41 |
45,729 | 12,594 | 12,716 | 13,946 | |
40 |
43,560 | 10,975 | 10,890 | 11,569 | |
41 |
2,169 | 1,619 | 1,826 | 2,377 | |
54/58 |
858 | 53,737 | 51,182 | 32,823 | |
490/1 |
392 | 135 | 720 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
72,284 | 72,146 | 71,171 | 50,269 | |
10/15 |
42,487 | 62,937 | 56,638 | 32,454 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | |
14 |
39,487 | 59,937 | 53,638 | 29,454 | |
17/49 |
29,797 | 9,209 | 14,533 | 17,815 | |
42/48 |
29,797 | 9,209 | 14,533 | 17,815 | |
44 |
3,272 | 1,699 | 2,452 | 4,923 | |
440/4 |
3,272 | 1,699 | 2,452 | 4,923 | |
45 |
2,524 | 7,507 | 12,081 | 12,892 | |
450/3 |
2,524 | 7,507 | 12,081 | 12,892 | |
47/48 |
24,000 | 3 | - | - | |
| Income statement | |||||
9900 |
7,770 | 11,833 | 33,775 | 37,006 | |
630 |
874 | 874 | 553 | - | |
640/8 |
419 | 395 | 398 | - | |
9901 |
6,477 | 10,564 | 32,823 | 37,006 | |
75/76B |
0 | 147 | 55 | 25 | |
75 |
0 | 147 | 55 | 25 | |
65/66B |
1,399 | 1,888 | 1,795 | 53 | |
65 |
1,399 | 1,888 | 1,795 | 53 | |
9903 |
5,077 | 8,823 | 31,084 | 36,978 | |
67/77 |
1,527 | 2,524 | 6,900 | 7,524 | |
9904 |
3,550 | 6,299 | 24,184 | 29,454 | |
9905 |
3,550 | 6,299 | 24,184 | 29,454 | |
| Appropriation of the result | |||||
9906 |
63,487 | 59,937 | 53,638 | 29,454 | |
14P |
59,937 | 53,638 | 29,454 | - | |
694/7 |
24,000 | - | - | - | |
694 |
24,000 | - | - | - | |
| Document | |||||
The notes to these accounts have 4 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 16-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 7,351 | 11,438 | 33,377 | - | ||
| 4,425 | 7,173 | 24,737 | - | ||
| 0 | 0 | 3,607 | - | ||
| -52,879 | 2,556 | 18,358 | - | ||
| 41,182 | 60,758 | 53,584 | 32,454 | ||
| 58.8% | 87.2% | 79.6% | 64.6% | ||
| 2.38 | 7.60 | 4.69 | 2.82 | ||
| 0.70 | 0.15 | 0.26 | 0.55 | ||
| 8.4% | 10.0% | 42.7% | 90.8% | ||
| 4.9% | 8.7% | 34.0% | 58.6% | ||
| 5.25 | 6.06 | 18.60 | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €3,607 | - |
| €874 | €874 | €553 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Macam
The operating result for 2025 is 39% lower than in 2024 and the lowest since 2022. It is the third fall in a row.
Debt's share of the balance-sheet total rises from 12.8% to 41.2%. Equity is lower and debt is higher.