Equity
€10.3m from €18.6m in 2019
Equity fell by 45% in 6 years.
MACAN DEVELOPMENT
Overview
Lifetime
13 annual accounts with figures on one time axispeak €3.3m (2019)
-not published
lowest -€4.7m (2024)
€1.0m▲ €5.7m
peak €18.6m (2019)
€10.3m▲ 10.9%
€20.7m▼ 6.1%
peak 4.8 FTE (2019)
1 FTEunchanged
Board8 names since 2018
1 directorPHG ASSET MANAGEMENT
Owners4 names in the annual accounts
consolidatesMACAN.GROUP
Documentsfilings and deeds
08-10-202669 days late
2025financial year
Key points
from the 2025 annual accountsTurnover
€4.8m ▲ 22×
Turnover rose in 2025 from €214,220 to €4.8m.
Payment terms
134 days to suppliers
MACAN DEVELOPMENT pays its suppliers 213 days earlier than in 2024. Customers pay 643 days earlier.
Liquidity
1.81 was 0.82 in 2024
Short-term debts fell from €4.4m to €3.0m.
Filings
13 annual accounts 69 days
Latest accounts filed late: after the legal deadline.
At the same address
280 companies
Checked score
85
Excellent
Financially stronger than 61% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.4%▲ +0.1 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.2 percentage points vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.7%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 1.2%▲ +0.4 percentage points vs 07-2026
09-2026: 1.4%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.4%▼ -1.0 percentage point vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 69 days late; 1 of the last 3 accounts late
Liquidity: current ratio 1.81, cash €378,831
lowers risk
Size: turnover €4.8m, 1 FTE, total assets €31.0m
Founded in 2013
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 68, micro). It does better than 52% of them on solvency, 58% on liquidity, 51% on profitability and 83% on growth.
The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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).
Credit verdict
Credit of up to €470,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.81 (0.82 in 2024), above the usual 1.5. Short-term debt is 9.6% and cash 1.2% of total assets. However, 66.8% 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 · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-10-2026, 69 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
69 days late
2024
34 days early
2023
13 days early
2022
32 days early
2021
37 days late
2020
4 days late
2019
111 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 19 July (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
JM
J MARKO_REVISEUR ENTREPRISE
Auditor
- MACAN PROPERTIES 99.96%equity €2.2m (2024) · 2021 annual accounts of MACAN PROPERTIES
- MACAN.GROUP 99.87%equity €4.5m (2025) · 2025 annual accounts of MACAN.GROUP
- MACAN GROUP SA consolidatesannual accounts 2025
Shares in 6 companies, including Immobiliére des vignes and MD1 CENTER HOUSE
Board & ownershipRecent changes
Appointment: S.R.L. J. MARKO - REVISEUR D'ENTREPRISES (statutory auditor)
General meeting of 26-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0508869423
Resignation: OKIMONO (director)
General meeting of 27-06-2025 · Gazette deed
1 director appointed, 1 resignation
Resignation: DN-A SRL · Permanent representatives: Nicolas DEREMINCE, Sven Janssens and Philippe GILLION · Appointment: SRL OKIMONO · General meeting of 06-09-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MACAN DEVELOPMENT Ixelles | €4.8m | 47.9% | 33.2% | 1 |
| BIO-VERSNELLER Brussels | €7.4m | 42.3% | 9.6% | 1 |
| VALYOU Roeselare | €11.2m | 10.2% | 24.0% | 0.7 |
| Potrell Izegem | €12.2m | 14.9% | 33.7% | 1 |
| DRONEPORT Sint-Truiden | €1.2m | -40.3% | 83.3% | 1 |
| HDI HUYZENTRUYT DEVELOPMENT & INVESTMENTS Waregem | €7.3m | 10.9% | 42.4% | 0.8 |
| Solbus Etterbeek | €2.1m | 62.3% | 2.1% | 0 |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as MACAN DEVELOPMENT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €23m and €29m, founded between 1999 and 2016.
Official details
Source: KBO- Status
- Active since 03-01-2013Normal situation
- Registered office
- 281 active companies are registered at this address12 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110and 3 others
- Establishment unit
- 2.216.944.5021050 Ixelles, since 21-12-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Annual accounts 2025
- €4.8m▲ 22×
- €1.0m
- €10.3m▲ 10.9%
- €31.0m▼ 1.1%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 08-10-2026
Companies linked to MACAN DEVELOPMENT
Subsidiaries and holdings
- PARMENTIER DEVELOPMENT100%
- SAULES INVEST100%
- IMMO BERVOETS99%
- L37550%
Insights on MACAN DEVELOPMENT
MACAN DEVELOPMENT has existed since 2013. In 2019 the gross margin rose from €1.6m to €3.3m.
MACAN PROPERTIES holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
full format, filed on 08-10-2026, 69 days late€4.8m
▲ 22×
€2.3m
▲ €3.2m
€2.3m
▲ €3.2m
€1.0m
▲ €5.7m
33.2%
▲ 3.6 percentage points
1.81
▲ 1.00
Money flows
of every €100 of turnover, €21.05 remains as profit in 2025Balance sheet
balance sheet total €31.0m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
33.2%
Higher than 46% of 5,810 companies in 2025.
1.81
Higher than 60% of 5,561 companies in 2025.
3.3%
Higher than 69% of 5,784 companies in 2025.
MACAN DEVELOPMENT
Middle half of the sector
80% of the sector
Full accounts in real estate (NACE 68)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Staff
Men and women
Not in that year's accounts.
€189,466
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
31.0m | 31.3m | 34.5m | 34.1m | 28.1m | 35.8m | 37.1m | 38.5m | 38.0m | 33.1m | 17.5m | 20.5m | 14.7m | |
21/28 |
25.6m | 27.7m | 30.1m | 29.6m | 20.3m | 25.9m | 24.0m | 24.3m | 17.3m | 21.7m | 13.0m | 13.3m | 13.2m | |
21 |
5,214 | 26,200 | 47,793 | 69,387 | 89,508 | 32,268 | 8,689 | 14,831 | 24,805 | 17,803 | 17,376 | 17,986 | 3,549 | |
22/27 |
75,698 | 90,623 | 107,922 | 138,747 | 112,016 | 2.7m | 2.8m | 2.8m | 2.9m | 2.9m | 89,565 | 840,679 | 801,215 | |
22 |
- | - | - | - | - | - | - | - | - | - | - | 795,091 | 761,258 | |
23 |
0 | 0 | 0 | 0 | - | - | 79 | 521 | 964 | 1,406 | 1,454 | - | - | |
24 |
10,484 | 21,274 | 34,437 | 61,127 | 61,036 | 61,143 | 78,998 | 28,372 | 43,025 | 22,263 | 37,132 | 45,588 | 39,957 | |
26 |
65,214 | 69,349 | 73,485 | 77,620 | 50,980 | 2.7m | 2.7m | 2.8m | 2.9m | 2.9m | 50,980 | - | - | |
28 |
25.5m | 27.6m | 30.0m | 29.4m | 20.1m | 23.2m | 21.2m | 21.4m | 14.4m | 18.7m | 12.9m | 12.4m | 12.4m | |
280/1 |
25.5m | 27.6m | 30.0m | 29.4m | 20.0m | - | - | - | - | - | - | - | - | |
280 |
7.4m | 9.6m | 13.3m | 13.3m | 14.1m | - | - | - | - | - | - | - | - | |
281 |
18.1m | 18.0m | 16.7m | 16.1m | 5.9m | - | - | - | - | - | - | - | - | |
284/8 |
700 | 700 | 700 | 700 | 103,774 | - | - | - | - | - | - | - | - | |
285/8 |
700 | 700 | 700 | 700 | 103,774 | - | - | - | - | - | - | - | - | |
29/58 |
5.4m | 3.6m | 4.4m | 4.5m | 7.9m | 9.9m | 13.1m | 14.2m | 20.7m | 11.3m | 4.5m | 7.3m | 1.5m | |
29 |
27,087 | 27,087 | 27,087 | 1.1m | 1.6m | 1.7m | 1.2m | 1.1m | 1.1m | 1.0m | - | - | - | |
290 |
- | - | - | 9,458 | - | - | - | - | - | - | - | - | - | |
291 |
27,087 | 27,087 | 27,087 | 1.1m | 1.6m | 1.7m | 1.2m | 1.1m | 1.1m | 1.0m | - | - | - | |
3 |
28,292 | 1.8m | 2.0m | 2.0m | 2.1m | 2.6m | 4.2m | 7.1m | 6.6m | 4.7m | 924,478 | 448,666 | 224,333 | |
30/36 |
28,292 | 1.8m | 2.0m | 2.0m | 2.1m | 2.6m | 4.2m | 7.1m | 6.6m | 4.7m | 924,478 | 448,666 | 224,333 | |
35 |
28,292 | 1.8m | 2.0m | 2.0m | 2.1m | - | - | - | - | - | - | - | - | |
40/41 |
742,185 | 889,372 | 944,048 | 1.0m | 3.7m | 5.4m | 6.9m | 5.6m | 13.0m | 4.3m | 3.6m | 6.7m | 1.3m | |
40 |
478,843 | 398,738 | 528,591 | 718,782 | 503,010 | 1.3m | 1.7m | 1.7m | 1.5m | 438,859 | 439,555 | 193,662 | 60,104 | |
41 |
263,342 | 490,634 | 415,457 | 284,738 | 3.2m | 4.1m | 5.2m | 3.9m | 11.5m | 3.9m | 3.2m | 6.5m | 1.2m | |
50/53 |
3.9m | - | - | - | - | - | - | - | - | - | - | - | - | |
51/53 |
3.9m | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
378,831 | 466,556 | 1.1m | 333,949 | 350,240 | 99,385 | 876,601 | 268,787 | 24,022 | 1.2m | 7,378 | 106,827 | 19,448 | |
490/1 |
355,237 | 362,895 | 345,362 | 110,516 | 66,299 | 8,042 | 13,806 | 70,912 | 5,131 | 4,058 | 985 | 1,200 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
31.0m | 31.3m | 34.5m | 34.1m | 28.1m | 35.8m | 37.1m | 38.5m | 38.0m | 33.1m | 17.5m | 20.5m | 14.7m | |
10/15 |
10.3m | 9.3m | 14.0m | 14.3m | 18.1m | 15.1m | 18.6m | 2.2m | -1.4m | -888,740 | 1.1m | -338,376 | 609,155 | |
10/11 |
5.6m | 5.6m | 5.6m | 5.6m | 5.6m | 5.6m | 5.6m | 5.6m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | |
10 |
5.6m | 5.6m | 5.6m | 5.6m | 5.6m | - | - | - | - | - | - | - | - | |
100 |
5.6m | 5.6m | 5.6m | 5.6m | 5.6m | 5.6m | 5.6m | 5.6m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | |
13 |
228,387 | 177,884 | 177,884 | 177,884 | 177,884 | - | - | - | - | - | - | - | - | |
130/1 |
228,387 | 177,884 | 177,884 | 177,884 | 177,884 | - | - | - | - | - | - | - | - | |
130 |
228,387 | 177,884 | 177,884 | 177,884 | 177,884 | - | - | - | - | - | - | - | - | |
14 |
4.5m | 3.5m | 8.2m | 8.5m | 12.3m | 9.5m | 13.0m | -3.4m | -2.9m | -2.4m | -424,362 | -1.8m | -890,845 | |
17/49 |
20.7m | 22.0m | 20.5m | 19.8m | 10.0m | 20.7m | 18.5m | 36.3m | 39.4m | 33.9m | 16.4m | 20.9m | 14.1m | |
17 |
17.3m | 17.3m | 12.8m | 14.0m | 3.4m | 3.4m | 3.8m | 7.5m | 6.7m | 6.5m | 9.0m | 11.0m | 11.0m | |
170/4 |
11.2m | 11.5m | 10.9m | 13.2m | 3.4m | 3.4m | 3.8m | 7.5m | 6.7m | 6.5m | 3.0m | 3.0m | 3.0m | |
170 |
125,927 | 125,927 | 125,927 | 125,927 | - | - | - | - | - | - | - | - | - | |
171 |
- | - | - | 3.5m | 3.4m | - | - | - | - | - | - | - | - | |
173 |
11.1m | 11.3m | 10.8m | 9.6m | - | - | - | - | - | - | - | - | - | |
178/9 |
6.1m | 5.9m | 1.9m | 771,384 | - | - | - | - | - | - | 6.0m | 8.0m | 8.0m | |
42/48 |
3.0m | 4.4m | 7.5m | 5.7m | 6.5m | 17.3m | 14.6m | 28.8m | 32.6m | 27.4m | 7.2m | 9.7m | 3.1m | |
42 |
1.6m | 1.2m | 3.9m | 375,000 | - | - | - | - | - | - | - | - | - | |
43 |
29,430 | 2.2m | 2.7m | 3.8m | 3.8m | 4.3m | 8.3m | 8.6m | 11.6m | 8.5m | - | 925,286 | 863,539 | |
430/8 |
29,430 | 2.2m | 2.7m | 3.8m | 3.8m | 4.3m | 4.7m | 8.6m | 11.6m | 8.5m | - | 925,286 | 863,539 | |
439 |
- | - | - | - | - | - | 3.7m | - | - | - | - | - | - | |
44 |
999,734 | 963,062 | 818,045 | 652,664 | 520,459 | 2.2m | 2.0m | 935,866 | 1.0m | 348,213 | 489,023 | 250,383 | 29,882 | |
440/4 |
999,734 | 963,062 | 818,045 | 652,664 | 520,459 | 2.2m | 2.0m | 935,866 | 1.0m | 348,213 | 489,023 | 250,383 | 29,882 | |
45 |
280,916 | 20,664 | 18,795 | 64,695 | 42,788 | 27,040 | 72,758 | 61,243 | 64,097 | 42,053 | 11,969 | 6,746 | 650 | |
450/3 |
233,430 | - | 2,517 | 51,050 | 11,081 | 13,195 | 22,164 | 5,610 | 1,262 | 30,946 | 520 | - | 650 | |
454/9 |
47,486 | 20,664 | 16,277 | 13,645 | 31,708 | 13,845 | 50,594 | 55,633 | 62,835 | 11,107 | 11,450 | 6,746 | - | |
47/48 |
52,241 | 30,537 | 22,436 | 827,231 | 2.1m | 10.8m | 4.2m | 19.2m | 19.9m | 18.6m | 6.7m | 8.5m | 2.2m | |
492/3 |
405,939 | 295,342 | 283,305 | 158,483 | 119,819 | 57,302 | 96,794 | 47,682 | 22,036 | 3,186 | 278,422 | 155,606 | 77,461 | |
| Income statement | ||||||||||||||
70/76A |
5.1m | 537,993 | 371,974 | 1.1m | 3.9m | - | - | - | - | - | - | - | - | |
70 |
4.8m | 214,220 | 66,275 | 504,114 | 4.9m | - | - | - | - | - | - | - | - | |
71 |
- | - | - | -111,446 | -5.9m | - | - | - | - | - | - | - | - | |
74 |
311,508 | 307,815 | 294,954 | 732,201 | 458,222 | - | - | - | - | - | - | - | - | |
76A |
- | 15,958 | 10,745 | - | 4.4m | 1,781 | 2.7m | - | 876,298 | - | 2.4m | 7,230 | - | |
9900 |
- | - | - | - | - | -1.2m | 3.3m | 1.6m | -57,179 | -578,718 | -321,810 | -537,677 | -455,089 | |
60/66A |
2.8m | 1.4m | 2.1m | 3.0m | 2.1m | - | - | - | - | - | - | - | - | |
60 |
2.0m | 0 | 57,165 | 389,945 | - | - | - | - | - | - | - | - | - | |
600/8 |
- | 12,163 | 71,691 | 443,196 | - | - | - | - | - | - | - | - | - | |
609 |
2.0m | -12,163 | -14,527 | -53,251 | - | - | - | - | - | - | - | - | - | |
61 |
739,907 | 1.0m | 1.7m | 1.9m | 1.6m | - | - | - | - | - | - | - | - | |
62 |
189,466 | 152,255 | 176,514 | 401,992 | 256,752 | 293,533 | 430,197 | 424,640 | 374,197 | 152,982 | 149,066 | 60,016 | 34,195 | |
630 |
35,911 | 37,163 | 54,508 | 49,526 | 115,490 | 99,372 | 102,665 | 93,609 | 95,715 | 91,718 | 21,804 | 39,780 | 30,394 | |
631/4 |
-175,000 | 175,000 | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
32,548 | 28,483 | 52,805 | 153,089 | 138,769 | 135,671 | 7,707 | 246,649 | 15,489 | 486,021 | 37,720 | 5,509 | 75,987 | |
66A |
1,495 | 1,729 | - | 59,059 | 26,261 | 1.8m | 140,072 | 741,975 | 58,533 | 407,559 | 3,000 | 302 | - | |
9901 |
2.3m | -870,383 | -1.7m | -1.8m | 1.8m | -1.7m | 2.7m | 73,723 | -601,113 | -1.7m | -530,400 | -642,982 | -595,664 | |
75/76B |
669,538 | 685,400 | 2.2m | 532,190 | 2.1m | 266,647 | 14.2m | 25,666 | 893,454 | 13,311 | 8,676 | 9 | - | |
75 |
669,538 | 685,300 | 713,058 | 439,496 | 98,535 | 113,019 | 39,109 | 25,666 | 17,155 | 13,311 | 8,676 | 9 | - | |
750 |
650,917 | 626,523 | 594,310 | 439,496 | - | - | - | - | - | - | - | - | - | |
751 |
- | - | 65,779 | - | 81,676 | - | - | - | - | - | - | - | - | |
752/9 |
18,621 | 58,777 | 52,968 | 0 | 16,860 | - | - | - | - | - | - | - | - | |
76B |
- | 100 | 1.5m | 92,695 | 2.0m | 153,628 | 14.1m | - | 876,298 | - | - | - | - | |
65/66B |
1.9m | 4.5m | 746,552 | 2.6m | 154,565 | 2.1m | 444,286 | 646,855 | 792,604 | 260,254 | 419,949 | 311,485 | 295,181 | |
65 |
850,947 | 841,599 | 746,552 | 830,000 | 154,565 | 248,520 | 304,214 | 646,855 | 792,604 | 260,254 | 419,949 | 311,485 | 295,181 | |
650 |
830,798 | 775,191 | 686,083 | 409,142 | 142,183 | - | - | - | - | - | - | - | - | |
651 |
- | - | - | 337,827 | - | - | - | - | - | - | - | - | - | |
652/9 |
20,149 | 66,408 | 60,469 | 83,031 | 12,382 | - | - | - | - | - | - | - | - | |
66B |
1.0m | 3.7m | - | 1.7m | - | 1.8m | 140,072 | - | - | - | - | - | - | |
9903 |
1.1m | -4.7m | -267,438 | -3.9m | 3.7m | -3.5m | 16.4m | -547,466 | -500,263 | -2.0m | 1.4m | -947,530 | -890,845 | |
67/77 |
89,490 | 158 | 1,231 | -2,033 | 145,260 | 1,000 | 1,701 | - | 1,262 | 437 | 244 | - | - | |
670/3 |
90,242 | 158 | 1,231 | 121,077 | 145,260 | - | - | - | - | - | - | - | - | |
77 |
752 | - | - | 123,110 | - | - | - | - | - | - | - | - | - | |
9904 |
1.0m | -4.7m | -268,669 | -3.9m | 3.6m | -3.5m | 16.4m | -547,466 | -501,525 | -2.0m | 1.4m | -947,530 | -890,845 | |
9905 |
1.0m | -4.7m | -268,669 | -3.9m | 3.6m | -3.5m | 16.4m | -547,466 | -501,525 | -2.0m | 1.4m | -947,530 | -890,845 | |
| Appropriation of the result | ||||||||||||||
9906 |
4.5m | 3.5m | 8.2m | 8.5m | 13.1m | 9.5m | 13.0m | -3.4m | -2.9m | -2.4m | -424,362 | -1.8m | -890,845 | |
14P |
3.5m | 8.2m | 8.5m | 12.3m | 9.5m | - | - | - | - | - | - | - | - | |
691/2 |
50,503 | - | - | - | 177,884 | - | - | - | - | - | - | - | - | |
6920 |
50,503 | - | - | - | 177,884 | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | 525,000 | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | 525,000 | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||
9087 |
1 | 1 | 4.8 | 4.8 | 3.3 | 2.4 | 4.8 | 4.6 | 3.7 | 2 | 1.9 | 0.8 | 1 | |
Men (FTE)1003 |
1 | 1 | 1 | 3.9 | 2.5 | - | - | - | - | - | - | - | - | |
Women (FTE)1003 |
- | - | - | 0.9 | 0.8 | - | - | - | - | - | - | - | - | |
Agency workers1501 |
- | - | - | - | 0.8 | - | - | - | - | - | - | - | - | |
Hours worked1013 |
1,736 | 1,776 | 1,764 | 8,298 | 5,418 | 3,610 | 7,914 | 8,080 | 6,195 | 3,592 | 2,881 | 1,368 | 1,280 | |
| Document | ||||||||||||||
The notes to these accounts have 69 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 08-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 69 days after the deadline. Filed on 8 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00555961.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 08-10-2026 | 2026-00555961 | |
| 31-12-2024 | full format | 27-06-2025 | 2025-00188936 | |
| 31-12-2023 | full format | 18-07-2024 | 2024-00266511 | |
| 31-12-2022 | full format | 29-06-2023 | 2023-00174118 | |
| 31-12-2021 | full format | 06-09-2022 | 2022-20425991 | |
| 31-12-2020 | full format | 04-08-2021 | 2021-46400286 | |
| 31-12-2019 | full format | 19-11-2020 | 2020-71700561 | |
| 31-12-2018 | full format | 25-09-2019 | 2019-65900297 | |
| 31-12-2017 | full format | 20-03-2019 | 2019-07500029 | |
| 31-12-2016 | full format | 15-01-2018 | 2018-01400108 | |
| 31-12-2015 | full format | 05-10-2016 | 2016-64600468 | |
| 31-12-2014 | full format | 30-09-2015 | 2015-62900553 | |
| 31-12-2013 | full format | 11-02-2015 | 2015-04100169 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.3m | -833,220 | -1.6m | -1.8m | 1.9m | -1.6m | 2.8m | 167,332 | -505,398 | -1.6m | -508,597 | -603,202 | -565,271 | ||
| 1.0m | -4.7m | -214,161 | -3.8m | 3.7m | -3.4m | 16.5m | -453,857 | -405,810 | -1.9m | 1.4m | -907,750 | -860,451 | ||
| -2.1m | -2.4m | 1,198 | 837,686 | 12.8m | 2.1m | 27.5m | 7.0m | 65,404 | 8.8m | 643,249 | 93,681 | 14.7m | ||
| -87,725 | -625,306 | 757,912 | -16,290 | 250,855 | -777,216 | 607,814 | 244,765 | -1.2m | 1.2m | -99,449 | 87,378 | - | ||
| 2.4m | -800,960 | -3.1m | -1.2m | 1.4m | -7.4m | -1.5m | -14.6m | -11.9m | -16.1m | -2.6m | -2.4m | -1.5m | ||
| 47.9% | - | - | - | 35.7% | - | - | - | - | - | - | - | - | ||
| 33.2% | 29.7% | 40.5% | 41.8% | 64.4% | 42.2% | 50.1% | 5.6% | -3.7% | -2.7% | 6.1% | -1.6% | 4.1% | ||
| 1.81 | 0.82 | 0.59 | 0.79 | 1.21 | 0.57 | 0.90 | 0.49 | 0.63 | 0.41 | 0.63 | 0.75 | 0.50 | ||
| 1.80 | 0.40 | 0.32 | 0.44 | 0.89 | 0.42 | 0.61 | 0.25 | 0.43 | 0.24 | 0.51 | 0.70 | 0.43 | ||
| 2.01 | 2.37 | 1.47 | 1.39 | 0.55 | 1.37 | 1.00 | 16.79 | - | - | 15.29 | - | 23.20 | ||
| 9.8% | -50.8% | -1.9% | -27.0% | 19.6% | -23.2% | 88.4% | -25.3% | - | - | 131.5% | - | -146.2% | ||
| 3.3% | -15.1% | -0.8% | -11.3% | 12.6% | -9.8% | 44.3% | -1.4% | -1.3% | -5.9% | 8.1% | -4.6% | -6.0% | ||
| 2.81 | -1.07 | -2.39 | -4.37 | 13.25 | - | - | - | - | - | - | - | - | ||
| 36 days | 679 days | 2911 days | 520 days | 37 days | - | - | - | - | - | - | - | - | ||
| 134 days | 347 days | 167 days | 104 days | 118 days | - | - | - | - | - | - | - | - |
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.
Revenue breakdown
By activity 2022
- Projet €497,114100.0%
Revenue in the income statement €504,114
Source: 2022 accounts, page 23, filing 2023-00174118
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 6 |
| full-time | 1 | 1 | 1 | 1 | 5 |
| part-time | - | - | - | - | 1 |
| in full-time equivalents | 1 | 1 | 1 | 1 | 5.1 |
| 1 | 1 | 1 | 4.8 | 3.3 | |
| On a permanent contract | 1 | 1 | 1 | 1 | 5 |
| Joined | - | - | - | 2 | 10 |
| Left | - | - | - | 7 | 5 |
| Agency workers, average number | - | - | - | - | 0.8 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €3.5m | €13.0m | €13.9m | €13.8m | €3.8m |
| Mortgages, amount registered | - | €25,000 | €25,000 | €25,000 | €25,000 |
| - | €2.5m | €2.5m | €2.5m | - | |
| Carrying value of the mortgaged assets | - | €1.8m | €2.0m | €2.0m | €2.0m |
| Pledge on other assets, amount secured | - | - | - | - | €1.7m |
| Carrying value of the other pledged assets | €10,000 | €1.2m | €1.4m | €1.4m | €2.3m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,198 | €54,696 | €61,406 |
| Intangible fixed assets | - | - | - | €1,440 | €77,224 |
| Financial fixed assets | - | - | - | €781,550 | €12.7m |
| €35,911 | €37,163 | €54,508 | €49,526 | €115,490 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
fees| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fee for the audit | €5,400 | €6,000 | €6,000 | €6,000 | - |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Insights on MACAN DEVELOPMENT
The operating result for 2025 is a profit of €2.3m, after a loss of €870,383 in 2024. It is the highest result since 2019.
Debt's share of the balance-sheet total falls from 70.3% to 66.8%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, 1 auditor, last change in February 2026Deed of 24-02-2026Appointment: S.R.L. J. MARKO - REVISEUR D'ENTREPRISES (statutory auditor)General meeting of 26-01-2026
Director, permanent representative Philippe GILLION
since 16-09-2019
also on the board of 17 other companies
listed in the 2025 annual accounts, filed on 08-10-2026
J MARKO_REVISEUR ENTREPRISE
Statutory auditor
since 26-01-2026
term until 20-06-2028
listed in the 2025 annual accounts, filed on 08-10-2026
Permanent representatives 1
Mandates through the years
8 names, the dashed line is todayPHG ASSET MANAGEMENT
Sole director
Sole director
J MARKO_REVISEUR ENTREPRISE
Statutory auditor
Statutory auditor
OKIMONO
Director
Director
DN-A
Director
Director
S.R.L. J. MARKO - REVISEUR D'ENTREPRISES
Statutory auditor
Statutory auditor
MACAN.GROUP
Director
Director
MGH
Director
Director
QUEEN'S LANE PROPERTIES
Director
Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
- PHG ASSET MANAGEMENT
- Sole director, from 16-09-2019 to date
- J MARKO_REVISEUR ENTREPRISE
- Statutory auditor, from 26-09-2022 to date
- OKIMONO
- Director, appointed by deed of 25-09-2023, until 31-05-2025
- DN-A
- Director, from 04-08-2022 to 06-09-2023
- S.R.L. J. MARKO - REVISEUR D'ENTREPRISES
- Statutory auditor, appointed by deed of 20-10-2022, no longer listed in the 2025 annual accounts
- MACAN.GROUP
- Director, appointed by deed of 07-01-2020, no longer listed in the 2025 annual accounts
- MGH
- Director, appointed by deed of 07-01-2020, no longer listed in the 2025 annual accounts
- QUEEN'S LANE PROPERTIES
- Director, until 18-12-2018
- Director, until 07-01-2020
Control
99.96%
This company
MACAN DEVELOPMENT
Equity €10.3m
Profit €1.0m in 2025
Further up the chainMACAN GROUP SA consolidates
Capital
- Capital
- €5,600,000
- Shares
- 11,200 in the 2025 annual accounts
- Contribution per share
- €500
- Equity per share
- €919 in 2025
- Source
- deed of 28-11-2019
Owners through the years
as the annual accounts name themOwners as a list
- MACAN.GROUP
- PHG ASSET MANAGEMENT
- MACAN PROPERTIES
- QUEEN'S LANE PROPERTIES
Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts
Articles of association
deed of 28-11-2019 (in French)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Tuesday of June at 10:00
Shareholders
4 ownersOwners 4
- MACAN PROPERTIESparentEquity €2.2m Loss of €1.4m in 2024 (loss of €205,488 in 2023)99.96%
- MACAN.GROUPparentEquity €4.5m Loss of €1.0m in 2025 (loss of €457,907 in 2024)99.87%
- MACAN GROUP SAconsolidating parentconsolidates
- Equity -€297,644 Loss of €2.1m in 2025 (loss of €657,373 in 2024)0.13%
Network & group
Holdings
own 2025 accountsThis companyMACAN DEVELOPMENT6 holdings, 1 country
2025 accounts
Belgium 6 Equity Result
- BE MD1 Centre House €5.7m result €4.8m
- BE PARMENTIER DEVELOPMENT €848,598 result €78,938
- BE SAULES INVEST -€106,572 result -€6,787
- BE IMMOBILIERE DES VIGNES -€331,656 result -€52,998
- BE IMMO BERVOETS99% -€374,512 result -€38,749
- BE L37550% -€791,817 result -€53,138
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
Parent
MACAN PROPERTIES
no longer active0402.629.380 · 99.96% of the shares · equity €2.2m · loss €1.4m (2024)
At the same address
Louizalaan 251, 1050 Brussels · 280 other companies| KEYROCK
establishment since 11-12-2017 · founded in 2017 · accounts filed late |
turnover €46.0m (2025) 0685.795.245 |
| PHG ASSET MANAGEMENT
registered office since 05-07-2004 · founded in 2004 · negative equity (2025) |
total assets €38.2m (2025) 0866.158.926 |
| MACAN.GROUP
registered office since 29-06-1999 · founded in 1999 · group PHG ASSET MANAGEMENT |
4.2 FTE (2025) 0466.381.344 |
| Société de Transactions Immobilières et de Constructions
registered office since 05-04-1952 · founded in 1952 |
turnover €2.3m (2025) 0403.330.057 |
| FAIR ESTATE INVEST
registered office since 19-11-1992 · founded in 1989 · group ROGLINE |
total assets €21.9m (2025) 0437.562.644 |
| L375
registered office since 16-11-2021 · founded in 2021 · negative equity (2025) |
turnover €425,257 (2025) 0777.392.840 |
| SI INVEST
registered office since 08-01-2004 · founded in 2004 |
7 FTE (2025) 0862.540.925 |
| SOUTH MED INVESTMENTS LIMITED
establishment since 27-06-2000 · founded in 2000 · group CAPARBEL |
total assets €13.1m (2025) 0471.991.904 |
| SMARTFLATS
registered office since 16-10-2012 · founded in 2012 |
23 FTE (2024) 0849.650.615 |
| Agrer
registered office since 01-05-1959 · founded in 1959 |
14 FTE (2025) 0400.501.419 |
Earlier ties
| RPA INVEST via PHG ASSET MANAGEMENT, no longer at RPA INVEST · Director and chair of the board · deed of 20-09-2019 founded in 2012 · negative equity (2025) · group GMB INVEST |
total assets €5.9m (2025) |
| EMBUILD via Philippe Gillion, no longer at EMBUILD · Director · deed of 03-05-2023 founded in 1946 |
110 FTE (2025) |
| BE REAL ESTATE via OKIMONO, at MACAN DEVELOPMENT until 2025 · Director · deed of 07-11-2019 founded in 2001 |
total assets €35.7m (2019) |
| The Ostrov via OKIMONO, at MACAN DEVELOPMENT until 2025 · Director · deed of 19-01-2022 founded in 2012 |
total assets €5.8m (2020) |
| La Commerciale Nord via MGH (at MACAN DEVELOPMENT, last mentioned in 2020) and PHG ASSET MANAGEMENT (no longer at La Commerciale Nord) · deeds of 28-11-2019 and 06-09-2019 founded in 1913 |
total assets €91,015 (2025) |
| Delta Real Estate Advisory Management Strategy via DN-A, at MACAN DEVELOPMENT until 2023 · Managing director · deed of 20-10-2023 founded in 2023 |
total assets €62,631 (2025) |
Show 7 more earlier ties
| BLUE QUARTER via OKIMONO, at MACAN DEVELOPMENT until 2025 · Director · deed of 03-11-2022 |
founded in 2022 |
| BUILDWISE via Philippe Gillion, no longer at BUILDWISE · Director · deed of 06-02-2013 |
founded in 1959 |
| HOME INVEST NETHERLANDS via OKIMONO, at MACAN DEVELOPMENT until 2025 · Director · deed of 16-11-2021 |
founded in 2021 |
| THE DOX 1 via OKIMONO, at MACAN DEVELOPMENT until 2025 · Director · deed of 19-10-2021 |
founded in 2021 |
| ClarEstates via OKIMONO, at MACAN DEVELOPMENT until 2025 · Director · deed of 01-10-2020 No longer active |
total assets €3.9m (2021) |
| Résidence Louise via MGH (at MACAN DEVELOPMENT, last mentioned in 2020) and PHG ASSET MANAGEMENT (no longer at Résidence Louise) · Director · deed of 12-04-2021 No longer active · founded in 1968 |
total assets €2.0m (2025) |
| DG DEVELOPMENT via OKIMONO, at MACAN DEVELOPMENT until 2025 · Director · deed of 09-01-2020 No longer active |
total assets €1.8m (2020) |
Holdings and subsidiaries
6 holdingsHoldings 6
Share, source and own figures per holding (6)
Source for every holding own accounts 2025
- Immobiliére des vignessubsidiaryEquity -€331,656 Loss of €52,998 in 2025 (loss of €59,206 in 2024) Checked score 53100%
- MD1 CENTER HOUSEsubsidiaryEquity €5.7m Profit of €4.8m in 2025 (loss of €678,276 in 2024) Checked score 98100%
- PARMENTIER DEVELOPMENTsubsidiaryEquity €848,598 Profit of €78,938 in 2025 (profit of €50,116 in 2024) Checked score 85100%
- SAULES INVESTsubsidiaryEquity -€106,572 Loss of €6,787 in 2025 (loss of €6,328 in 2024) Checked score 52100%
- IMMO BERVOETSsubsidiaryEquity -€374,512 Loss of €38,749 in 2025 (loss of €254,687 in 2024) Checked score 5399%
- Equity -€791,817 Loss of €53,138 in 2025 (loss of €293,658 in 2024) Checked score 5550%
Former holdings (1)
-
50%
Holdings through the years 2013 to 2025
| Name | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Immobiliére des vignes | 50% | 100% | 50% | 100% | |||||||||
| MD1 CENTER HOUSE | 100% | ||||||||||||
| PARMENTIER DEVELOPMENT | 100% | 50% | 100% | ||||||||||
| SAULES INVEST | 66.66% | 100% | |||||||||||
| IMMO BERVOETS | 99% | ||||||||||||
| L375 | 50% | ||||||||||||
| SILICONE MARCHE | 100% | ||||||||||||
| MACAN DEVELOPMENT BENELUXLU | 100% | ||||||||||||
| DIKSON | 99.99% | ||||||||||||
| La Commerciale Nord | 100% | 99.66% | |||||||||||
| IMMOBILIERE DE LA LAINE | 100% | 99.98% | 50% | ||||||||||
| IMMOBILIERE DES POISSONNIERS | 99% | ||||||||||||
Source: list of holdings in its own accounts
Board mandates elsewhere
2 board mandatesBoard mandates of MACAN DEVELOPMENTMACAN DEVELOPMENT sits on their board2
Connections & network
16 connected companiesThis company
Company
Director
Shareholding
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Linked via shared directors
BELGIUM SR
via PHG ASSET MANAGEMENT and OKIMONO (at MACAN DEVELOPMENT until 2025) · deeds of 14-03-2024 and 19-09-2023
Founded in 2013 · 3.7 FTE (2025) · negative equity · group PHG ASSET MANAGEMENT
→
CASTELL MANAGEMENT
via PHG ASSET MANAGEMENT and OKIMONO (at MACAN DEVELOPMENT until 2025) · deeds of 25-09-2023 and 19-09-2023
Founded in 2016 · 1.4 FTE (2025) · negative equity · group PHG ASSET MANAGEMENT
→
CAISSE NATIONALE PATRONALE POUR LES CONGES PAYES DANS L'INDUSTRIE DU BATIMENT ET DES TRAVAUX PUBLICS NATIONALE PATROONSKAS VOOR HET BETAALD VERLOF IN DE BOUWBE
via Philippe Gillion · Director · deed of 26-08-2024
Founded in 1937 · total assets €271.1m (2025)
→
Société de Transactions Immobilières et de Constructions
via PHG ASSET MANAGEMENT · Director · deed of 04-05-2026
Founded in 1952 · turnover €2.3m (2025)
→
Show 12 more companies with a shared director
BUREAU DE CONTROLE TECHNIQUE POUR LA CONSTRUCTION
via Philippe Gillion · Director · deed of 13-08-2019
Founded in 1971 · total assets €7.9m (2025)
→
MD2 REAL ESTATE
Founded in 2024 · total assets €4.5m (2025) · group PHG ASSET MANAGEMENT
→
BRUSSELS SR
via PHG ASSET MANAGEMENT · Director · deed of 15-06-2022
Founded in 2017 · 3.9 FTE (2025) · group PHG ASSET MANAGEMENT
→
MD4 REAL ESTATE
Founded in 2024 · total assets €2.6m (2025) · group PHG ASSET MANAGEMENT
→
Comentri
via PHG ASSET MANAGEMENT and MGH (at MACAN DEVELOPMENT, last mentioned in 2020) · Director · deed of 12-04-2021
Founded in 1949 · total assets €2.3m (2025)
→
Les Fermes de Matignolle
via PHG ASSET MANAGEMENT and MGH (at MACAN DEVELOPMENT, last mentioned in 2020) · Director · deed of 05-07-2021
Founded in 1981 · total assets €2.0m (2025)
→
MD3 REAL ESTATE
Founded in 2024 · total assets €1.6m (2025) · group PHG ASSET MANAGEMENT
→
ANTWERP SR
via PHG ASSET MANAGEMENT · Director · deed of 15-06-2022
Founded in 2017 · 0.5 FTE (2025) · group PHG ASSET MANAGEMENT
→
KNOKKE SR
via PHG ASSET MANAGEMENT · Director · deed of 15-06-2022
Founded in 2019 · total assets €64,387 (2025) · group PHG ASSET MANAGEMENT
→
→
FONDS DE PROMOTION DE L'INDUSTRIE DE LA CONSTRUCTION - FONDS VOOR PROMOTIE VAN DE BOUWNIJVERHEID
via Philippe Gillion · Director · deed of 03-09-2025
Founded in 1966
→
→
Timeline
Timeline
35 events since 2012Board
Filings
Financial
Establishments
20122014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBfull format · 69 days late
Appointment: S.R.L. J. MARKO - REVISEUR D'ENTREPRISES (statutory auditor)General meeting of 26-01-20262 points ▸
- General meeting, 26-01-2026
- Auditor appointment, S.R.L. J. MARKO - REVISEUR D'ENTREPRISES (statutory auditor)
2025
Back to profit net €1.0m The net result is €1.0m, after 3 loss-making years.
Liquidity more than doubled current ratio 1.81 The current ratio rises from 0.82 to 1.81. Short-term debt falls from €4.4m to €3.0m.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0508869423
- General meeting, 27-06-2025
- Director resignation, OKIMONO
Annual accounts 2024 filed PDFfull format · 34 days before the deadline
2024
Weakest financial year net -€4.7m The net result drops to -€4.7m, the lowest from 2013 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFfull format · 13 days before the deadline
2023
1 director appointed, 1 resignationResignation: DN-A SRL · Permanent representatives: Nicolas DEREMINCE, Sven Janssens and Philippe GILLION · Appointment: SRL OKIMONO · General meeting of 06-09-20237 points ▸
- General meeting, 06-09-2023
- Director resignation, DN-A SRL
- Director discharge, DN-A SRL
- Permanent representative, Nicolas DEREMINCE
- Director appointment, SRL OKIMONO
- Permanent representative, Sven Janssens
- Permanent representative, Philippe GILLION
Annual accounts 2022 filed PDFfull format · 32 days before the deadline
2022
Appointment: S.R.L. J. MARKO - REVISEUR D'ENTREPRISES (statutory auditor)General meeting of 26-09-20222 points ▸
- General meeting, 26-09-2022
- Auditor appointment, S.R.L. J. MARKO - REVISEUR D'ENTREPRISES (statutory auditor)
Annual accounts 2021 filed PDFfull format · 37 days late
2021
Back to profit net €3.6m The net result is €3.6m, after one loss-making year.
Liquidity more than doubled current ratio 1.21 The current ratio rises from 0.57 to 1.21. Short-term debt falls from €17.3m to €6.5m.
Annual accounts 2020 filed PDFfull format · 4 days late
2020
Annual accounts 2019 filed PDFfull format · 111 days late
1 director appointed, 1 resignationResignation: QUEEN'S LANE PROPERTIES SA · Appointment: MGH SPRL · Permanent representatives: Annemieke HARDEMAN and Philippe GILLION · Board meeting of 29-08-20195 points ▸
- Board meeting, 29-08-2019
- Director resignation, QUEEN'S LANE PROPERTIES SA
- Director appointment, MGH SPRL
- Permanent representative, Annemieke HARDEMAN
- Permanent representative, Philippe GILLION
3 directors appointedMGH SPRL, PHG Asset management SPRL and ARCHIMEDE I SA · Permanent representatives: Annemieke HARDEMAN and Philippe GILLION · General meeting of 16-09-20196 points ▸
- General meeting, 16-09-2019
- Director appointment, MGH SPRL
- Director appointment, PHG Asset management SPRL
- Director appointment, ARCHIMEDE I SA
- Permanent representative, Annemieke HARDEMAN
- Permanent representative, Philippe GILLION, mentioned twice in the deed
2019
Back to profit net €16.4m The net result is €16.4m, after 3 loss-making years.
Equity above €10m equity €18.6m ▲760% Equity rises from €2.2m to €18.6m.
Reappointment: PHG ASSET MANAGEMENT (sole director)Permanent representative: Philippe GILLION · General meeting of 06-11-20195 points ▸
- General meeting, 06-11-2019
- Capital, €5,600,000, 5,600 shares
- Director reappointment, PHG ASSET MANAGEMENT (sole director)
- Permanent representative, Philippe GILLION
- Power of attorney, Dimitri CLEENEWERCK de CRAYENCOUR
- The deed holds 3 more points.
Annual accounts 2018 filed PDFfull format · 56 days late
Annual accounts 2017 filed PDFfull format · 232 days late
Resignation: Queen's Lane Properties (director)1 point ▸
- Director resignation, Queen's Lane Properties
2018
Equity above €2m equity €2.2m Equity rises from -€1.4m to €2.2m.
Annual accounts 2016 filed PDFfull format · 168 days late
2016
Annual accounts 2015 filed PDFfull format · 66 days late
2015
Back to profit net €1.4m The net result is €1.4m, after 2 loss-making years.
Equity above €1m equity €1.1m Equity rises from -€338,376 to €1.1m.
Annual accounts 2014 filed PDFfull format · 61 days late
Annual accounts 2013 filed PDFfull format · 195 days late
2013
Incorporation PDFpublished on 15-01-2013
2012
First establishment Louizalaan 251, Ixelles
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
Company details
Identity
- Enterprise number
- 0508.869.423
- VAT number
- BE 0508.869.423
- Peppol ID
- 0208:0508869423
- Legal form
- Public limited company
- Status
- Active, normal situation
- Founded
- 03-01-2013
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Tuesday of June at 10:00deed of 28-11-2019 (in French)
- Peppol
- Reachable since 05-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MACAN DEVELOPMENT in French
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 28-11-2019 (in French)
Activities
NACEBEL 2025VAT activities
68110
Buying and selling of own real estate main activity
Social security (RSZ) activities
68121
Development of residential building projects main activity
Codes under NACEBEL 2008
VAT activities
68100
Real estate activities main activity
68201
Real estate activities
70220
Business consulting
Social security (RSZ) activities
41101
Real estate development main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Elle peut constituer, développer, promouvoir et gérer un patrimoine immobilier, et réaliser toute opération immobilière et foncière…”deed of 28-11-2019 (in French)
12 activities
- Elle peut constituer, développer, promouvoir et gérer un patrimoine immobilier, et réaliser toute opération immobilière et foncière quelconque, y compris celles se rapportant à tous droits réels immobilier comme, entre autres, l'emphytéose, la superficie ou encore le leasing immobilier, le tout dans son acceptation la plus large et notamment: l'acquisition, l'aliénation, l'acte de grever, l'échange, la rénovation, la transformation, l'aménagement, l'entretien, le lotissement, la prospection, l'exploitation, la préparation pour construire, la location (donner ou prendre à bail), la sous-location, la mise à disposition, la gestion et la gérance, dans le sens le plus large, en nom propre et au nom de tiers d'immeubles et de droits réels immobiliers, sans que cette énumération soit limitative, et de biens meubles concernant l'aménagement et l'équipement d'immeubles, sans que cette énumération soit limitative, l'exploitation de commerces et/ou immeubles et droits réels immobiliers, ainsi que tous les actes ayant un rapport direct ou indirect avec cet objet social ou qui seraient de nature à favoriser directement ou indirectement le rendement de biens meubles et immeubles.
- La société peut mettre gratuitement des biens immobiliers à disposition de ses administrateurs et leur famille en tant que rémunération des prestations fournies à la société.
- Elle peut hypothéquer ses immeubles et mettre en gage tous ses autres biens y compris son fonds de commerce.
- Elle peut également - en fonction de ses intérêts propres se porter caution ou accorder son aval pour tous prêts ou engagements quelconques tant pour elle-même que pour tous tiers-particuliers, y compris les gérants, les associés, le personnel et les préposés de la société.
- Elle peut se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non.
- Elle peut constituer, développer et gérer un patrimoine mobilier et faire toutes opérations mobilières quelconques y compris celles se rapportant à tous droits mobiliers comme l'acquisition par voie d'inscription ou de cession et la gestion d'actions, de parts sociales, d'obligations convertibles ou non, de prêts de consommation, de prêts ordinaires, de bons de caisse ou autres valeurs mobilières, de quelque forme que ce soit, tant de personnes morales que d'entreprises, belges ou étrangères, existantes ou encore à constituer.
- La société pourra exercer tout mandat généralement quelconque ainsi que toute fonction autorisée dans toute personne morale belge ou étrangère en ce compris la fonction d'administrateur, de délégué à la gestion journalière, de gérant et de liquidateur. Ce mandat pourra être rémunéré ou gratuit.
- La société peut, par voie d'apport en espèces ou en nature, de fusion, de souscription, de participation, d'intervention financière ou autrement, prendre des participations dans d'autres sociétés ou entreprises existantes ou à créer, que ce soit en Belgique ou à l'étranger, dont l'objet social serait semblable ou analogue au sien ou de nature à favoriser son objet social.
- Elle peut également consentir tous prêts ou garantir tous prêts consentis par des tiers, étant entendu que la société n'effectuera aucune activité dont l'exercice serait soumis à des dispositions légales ou réglementaires applicables aux établissements de crédits et/ou financiers.
- Elle peut faire toutes opérations se rapportant directement ou indirectement au management en général, et plus précisément, sans que cette énumération ne soit limitative: la création de sociétés holding ou d'exploitation, toutes activités d'études et de conseils, toutes prestations de services, tous travaux d'administration, de gestion, tant auprès des entreprises que des particuliers.
- Elle peut octroyer des conseils et assister en toutes matières à des entreprises et à l'administration et la gestion d'entreprises.
- Elle peut faire toutes opérations commerciales, industrielles et financières, immobilières et mobilières, se rapportant directement ou indirectement à son objet social ou susceptibles de favoriser son développement, à l'exception des opérations sur valeurs mobilières et immobilières réservées par la loi aux banques et aux sociétés de bourse.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Louizalaan 251 registered office 1050 Ixelles | 21-12-2012 | 2.216.944.502 |
Buildings and parcels at the address
- Ground area
- 1,574 m²
- Buildings
- 1,579 m²
- Volume, LiDAR
- 46,471 m³
- Tallest building
- 46.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21807G0135/00T003 | 1,574 m² | 1 · 1,579 m² | 46.6 m · 13 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0508.869.423