Equity
€42,487 ▼ 32.5%
Macam paid out €24,000 in dividends. That is 676% of the 2025 profit.
Macam
Overview
Lifetime
4 annual accounts with figures on one time axispeak €37,006 (2022)
€7,770▼ 34.3%
peak €29,454 (2022)
€3,550▼ 43.6%
peak €62,937 (2024)
€42,487▼ 32.5%
€29,797▲ 224%
Board1 name since 2022
1 directorPOUILLE Max Bernard Jules
Documentsfilings and deeds
16-07-202615 days before the deadline
2025micro format
Gross margin from €11,833 to €7,770Result from €6,299 to €3,550Dividend €24,000Equity from €62,937 to €42,487Debts from €9,209 to €29,797Cash from €53,737 to €858
Key points
from the 2025 annual accountsChecked score
79
Excellent
Financially stronger than 32% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.5 percentage points vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026highest value
10-2026: 0.5%● unchanged vs 09-2026highest value
11-2026: 0.5%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 2.38, cash €858, halved
Founded in 2022
Size: total assets €72,284
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 59% of them on solvency, 18% on liquidity, 36% on profitability and 17% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,546 companies had the same profile as Macam has now. Each dot stands for 7 companies, two years later.
94.2%
were still trading
3.2%
stopped another way
2.3%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Macam itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,546 companies, not a prediction for Macam. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.38 (7.6 in 2024), above the usual 1.5. Short-term debt is 41.2% and cash 1.2% of total assets. 41.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
15 days early
2024
17 days early
2023
5 days early
2022
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 12 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0785553708
Incorporation
Founding capital of €3,000, 100 shares · Founder: POUILLE Max Bernard Jules · Appointment: POUILLE Max Bernard Jules (director) · published on 03-05-2022 · Gazette deed
First establishment
Nijverheidsstraat 42, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Macam Brussels | €72,284 | €7,770 | 58.8% | - |
| ELLONI Herentals | €72,870 | €7,061 | 81.8% | - |
| Bart Van Kerckhoven Boortmeerbeek | €57,851 | €7,432 | 56.5% | - |
| LMI BELUX Brasschaat | €70,030 | €8,228 | -45.5% | - |
| Yannick Driesen Peer | €57,264 | €8,296 | 14.3% | - |
| ANOUKIS Brussels | €77,877 | €8,213 | 55.2% | - |
| ZOLLA CONSULTING Etterbeek | €44,719 | €9,497 | 4.5% | - |
These companies have the same main activity as Macam: other business support services (NACE 82990). They are comparable in size and age: total assets between €44,700 and €77,900, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 29-04-2022Normal situation
- Activity
- Other business support servicesNACE 82990
- Establishment unit
- 2.333.074.6821000 Brussels, since 29-04-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 04-07-2024
Annual accounts 2025
- €7,770▼ 34.3%
- €3,550▼ 43.6%
- €42,487▼ 32.5%
- €72,284▲ 0.2%
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on Macam
Macam files the micro format. That format states no turnover. The gross margin fell from €37,006 in 2022 to €7,770 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 16-07-2026, 15 days before the deadline€7,770
▼ 34.3%
€6,477
▼ 38.7%
€3,550
▼ 43.6%
€41,182
▼ 32.2%
58.8%
▼ 28.5 percentage points
2.38
▼ 5.22
Turnover 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 31-12-2025What the company ownsHow it is paid for
in 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.
Macam
Middle half of the sector
80% of the sector
Micro accounts in office administrative support (NACE 82)
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.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 03-05-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 16-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 03-05-2022
Mandates through the years
1 name, the dashed line is todayPOUILLE Max Bernard Jules
Director
Director
Board
Mandates as a list
- POUILLE Max Bernard Jules
- Director, from 29-04-2022 to date
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €425 in 2025
- Source
- deed of 03-05-2022
Articles of association
deed of 03-05-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft overdrager en helft koper(s), naar evenredigheid aantal aandelen bij meer kopers, elke overdracht…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITRE V. ALGEMENE VERGADERING Artikel 15. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 03-05-2022 ↗
- POUILLE Max Bernard Jules 100 shares (100%) · €3,000 in cash
Network & group
No group
Macam has no parent and no holdings in its annual accounts. POUILLE Max Bernard Jules is the only director.
The LEI register names no parent.
Earlier ties
| iBite Company via POUILLE Max Bernard Jules, no longer at iBite Company · Director · deed of 25-04-2022 founded in 2018 |
total assets €289,406 (2025) |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
8 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 15 days before the deadline
2025
Weakest financial year net €3,550 ▼43.6% The net result drops to €3,550, the lowest from 2022 to 2025.
Annual accounts 2024 filed PDFmicro format · 17 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 5 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0785553708
2023
Annual accounts 2022 filed PDFmicro format · 11 days before the deadline
2022
IncorporationFounding capital of €3,000, 100 shares · Founder: POUILLE Max Bernard Jules · Appointment: POUILLE Max Bernard Jules (director) · published on 03-05-20225 points ▸
- Founder, POUILLE Max Bernard Jules
- Founding capital, €3,000, 100 shares
- Registered office clause, Nijverheidsstraat 42, 1000 Brussel
- Board rule, 1
- Director appointment, POUILLE Max Bernard Jules
- The deed holds 12 more points.
First establishment Nijverheidsstraat 42, Brussels
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 29 April 2022, Macam was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 POUILLE Max Bernard Jules is director of the company, appointed by deed of 03-05-2022.2 Total assets went from €50,269 in 2022 to €72,284 in 2025.3
Company details
Identity
- Enterprise number
- 0785.553.708
- VAT number
- BE 0785.553.708
- Peppol ID
- 0208:0785553708
- Other Peppol ID
- 9925:BE0785553708
- LEI code
- 699400SVMOKDSQCZL787 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 29-04-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITRE V. ALGEMENE VERGADERING Artikel 15. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…”deed of 03-05-2022 (in Dutch)
- Peppol
- Reachable since 04-07-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Macam in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 03-05-2022 (in Dutch)
Activities
NACEBEL 202582990
Other business support services main activity
Codes under NACEBEL 2008
82990
Other business support services main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen…”deed of 03-05-2022 (in Dutch)
6 activities
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aan- en verkoop, huur, herstelling en verhuur van roerende goederen, het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen. Alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
- Het verlenen van bijstand en hulp onder hun meest verscheidende vormen aan derden, en dit op het vlak van organisatie, informatisering, enzovoort; het verlenen van adviezen en intellectuele hulp en administratieve hulp, het uitvoeren in verband met hetgeen voorafgaat, van concrete projecten, opleidingen en trainingen, het dienstbetoon inzake organisatie en toepassing van de meeste verscheidene wetgevingen.
- Alle onroerende verrichtingen en handelingen: de verkrijging, en meer in het bijzonder de aankoop, ruil, verdeling of inbetalinggeving, van alle onroerende goederen en onroerende zakelijke rechten, al dan niet met het oog op wederverkoop of verhuring, en de daaropvolgende vervreemding of overdracht van de gezegde onroerende goederen of onroerende zakelijke rechten, inzonderheid de verkoop, ruil, verdeling, inbetalinggeving of inbreng in vennootschap, alsook de vestiging van alle onroerende zakelijke rechten en de verhuring van de gezegde goederen, het renoveren, het verrichten, het uitvoeren, promoten, coördineren voor eigen rekening of voor rekening van derden van alle onroerende projecten, inzonderheid verkavelingen van alle aard, appartementsgebouwen en andere complexen, kortom alle vastgoedverrichtingen, met uitzondering van de makelaarsactiviteit, in de breedste zin van het woord; de studie, het ontwerpen, ontwikkelen, promoten en begeleiden van vastgoedprojecten allerhande; het participeren in alle vastgoedprojecten in binnen en buitenland.
- Het ter beschikking stellen van management; het voeren van bedrijfsmanagement in de meest ruime zin van het woord, daarin begrepen het uitoefenen van de functie van bestuurder of vereffenaar van vennootschappen; het uitoefenen van bedrijfsleiding en het organiseren ervan; het optreden als mandataris voor alle binnenlandse en buitenlandse vennootschappen; alsook het waarnemen van beheer op alle niveaus, zowel voor eigen rekening als voor rekening of in deelneming met derden; het begeleiden van spin-offs.
- Het uitvoeren van of deelnemen aan de organisatie, herstructurering of leiding, door het geven van adviezen op commercieel, financieel, technisch en financieel gebied, door het verstrekken van advies inzake bedrijfsbeheer en in het algemeen consultancy en research, dit alles in de breedste zin, zodat alles kan gedaan worden dat het ontstaan, de uitbating, de groei en het welzijn van een onderneming en de belangen van haar eigenaars en betrokkenen ten goede kan komen.
- Alle mogelijke verrichtingen en activiteiten in verband met ontwikkeling, onderzoek, productie, werking, aankoop, verkoop, invoer, uitvoer, vervoer, huur, verhuur, vertegenwoordiging, promotie, installatie, fabricatie, transformatie, vervoer en de handel in al haar vormen van alle goederen en producten en levering van diensten, in het bijzonder voor het leveren van totaaloplossingen in de sectoren van ERP, informatica, elektronica, elektronische apparatuur, technologie bijvoorbeeld onder andere, computers en telecommunicatieapparatuur, en dit zowel op hardware als op software gebied, evenwel als voor alle verband houdende producten en alle instrumenten, materiaal, accessoires en apparaten met betrekking tot deze handel/dienstverlening.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Nijverheidsstraat 42 registered office 1000 Brussels | 29-04-2022 | 2.333.074.682 |