Macaron
ActiveSummary
Macaron has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €523k and a net result of €201k. Equity is growing by ~57.7% per year across the filed fiscal years. Its solvency ranks better than 75% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.69 against 4.06 in 2024; short-term debt: 21.1% and cash: 60.2% of total assets), and 21.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.9%
Return on assets
30.3%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
21 d early
2024
23 d early
2023
43 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€523k▲ 62.4%
2024 · €322k
2023: €152klowest in 3 years
2024: €322k▲ +113% vs 2023
2025: €523k▲ +62.4% vs 2024highest in 3 years
2023 → 2025
Total assets
€663k▲ 57.3%
2024 · €421k
2023: €245klowest in 3 years
2024: €421k▲ +72.1% vs 2023
2025: €663k▲ +57.3% vs 2024highest in 3 years
2023 → 2025
Net result
€201k▲ 17.7%
2024 · €171k
2023: €151klowest in 3 years
2024: €171k▲ +13.5% vs 2023
2025: €201k▲ +17.7% vs 2024highest in 3 years
2023 → 2025
Working capital
€515k▲ 69.9%
2024 · €303k
2023: €122klowest in 3 years
2024: €303k▲ +149% vs 2023
2025: €515k▲ +69.9% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€152k-€322k▲ 113%€523k▲ 62.4%
2023: €152klowest in 3 years
2024: €322k▲ +113% vs 2023
2025: €523k▲ +62.4% vs 2024highest in 3 years
Operating result€196k-€227k▲ 15.8%€262k▲ 15.6%
2023: €196klowest in 3 years
2024: €227k▲ +15.8% vs 2023
2025: €262k▲ +15.6% vs 2024highest in 3 years
Net result€151k-€171k▲ 13.5%€201k▲ 17.7%
2023: €151klowest in 3 years
2024: €171k▲ +13.5% vs 2023
2025: €201k▲ +17.7% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €663k
Fixed assets
€9k ▼ 54.9%
Current assets
€654k ▲ 62.8%
Equity and liabilities €663k
Equity
€523k ▲ 62.4%
Debt
€140k ▲ 40.8%
Debt's share of the balance-sheet total falls from 23.5% to 21.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€276k▲
2024 · €242k
Cash flow
€215k▲
2024 · €186k
Current ratio
4.69▲
2024 · 4.06
Debt to equity
0.27▼
2024 · 0.31
ROE
38.4%▼
2024 · 53.0%
ROA
30.3%▼
2024 · 40.5%
Interest coverage
1209.54▲
2024 · 1047.81
Debt ≤ 1 year
€140k▲
2024 · €99k
Income taxes
€66k▲
2024 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€421k€663k▲
Fixed assets21/28€20k€9k▼
Tangible fixed assets22/27€20k€9k▼
Plant, machinery and equipment23€1k€4k▲
Furniture and vehicles24€13k-
Other tangible fixed assets26€5k€5k=
Current assets29/58€402k€654k▲
Amounts receivable after more than one year29€11k€5k▼
Other amounts receivable291€11k€5k▼
Amounts receivable within one year40/41€103k€245k▲
Trade receivables40€76k€82k▲
Other amounts receivable41€27k€163k▲
Cash at bank and in hand54/58€284k€399k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€421k€663k▲
Equity10/15€322k€523k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€321k€522k▲
Amounts payable17/49€99k€140k▲
Amounts payable within one year42/48€99k€140k▲
Trade debts44-€58k
Suppliers440/4-€58k
Taxes, remuneration and social security45€99k€82k▼
Taxes450/3€99k€82k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€243k€278k▲
Operating profit (loss)9901€227k€262k▲
Financial income75/76B€645€6k▲
Recurring financial income75€645€6k▲
Financial charges65/66B€231€228▼
Recurring financial charges65€231€228▼
Profit (loss) for the period before taxes9903€227k€267k▲
Income taxes67/77€56k€66k▲
Profit (loss) for the period9904€171k€201k▲
Profit (loss) for the period to be appropriated9905€171k€201k▲
Appropriation of the result
Profit (loss) to be appropriated9906€321k€522k▲
Profit (loss) brought forward from the previous period14P€151k€321k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €15k | €14k | ▼ 9.1% |
| Other operating charges640/8 | €2k | €2k | €2k | ▲ 16.7% |
| Gross operating margin9900 | €199k | €243k | €278k | ▲ 14.1% |
| Operating profit (loss)9901 | €196k | €227k | €262k | ▲ 15.6% |
| Financial income75/76B | - | €645 | €6k | ▲ 789% |
| Recurring financial income75 | - | €645 | €6k | ▲ 789% |
| Financial charges65/66B | €12 | €231 | €228 | ▼ 1.2% |
| Recurring financial charges65 | €12 | €231 | €228 | ▼ 1.2% |
| Profit (loss) for the period before taxes9903 | €196k | €227k | €267k | ▲ 17.8% |
| Income taxes67/77 | €45k | €56k | €66k | ▲ 18.3% |
| Profit (loss) for the period9904 | €151k | €171k | €201k | ▲ 17.7% |
| Profit (loss) for the period to be appropriated9905 | €151k | €171k | €201k | ▲ 17.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €245k | €421k | €663k | ▲ 57.3% |
| Fixed assets21/28 | €30k | €20k | €9k | ▼ 54.9% |
| Tangible fixed assets22/27 | €30k | €20k | €9k | ▼ 54.9% |
| Plant, machinery and equipment23 | €2k | €1k | €4k | ▲ 173% |
| Furniture and vehicles24 | €28k | €13k | - | - |
| Other tangible fixed assets26 | - | €5k | €5k | = |
| Current assets29/58 | €215k | €402k | €654k | ▲ 62.8% |
| Amounts receivable after more than one year29 | - | €11k | €5k | ▼ 56.1% |
| Other amounts receivable291 | - | €11k | €5k | ▼ 56.1% |
| Amounts receivable within one year40/41 | €82k | €103k | €245k | ▲ 138% |
| Trade receivables40 | €82k | €76k | €82k | ▲ 7.8% |
| Other amounts receivable41 | - | €27k | €163k | ▲ 512% |
| Cash at bank and in hand54/58 | €129k | €284k | €399k | ▲ 40.4% |
| Deferred charges and accrued income490/1 | €4k | €4k | €5k | ▲ 15.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €245k | €421k | €663k | ▲ 57.3% |
| Equity10/15 | €152k | €322k | €523k | ▲ 62.4% |
| Contributions10/11 | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €151k | €321k | €522k | ▲ 62.6% |
| Amounts payable17/49 | €93k | €99k | €140k | ▲ 40.8% |
| Amounts payable within one year42/48 | €93k | €99k | €140k | ▲ 40.8% |
| Trade debts44 | €1k | - | €58k | - |
| Suppliers440/4 | €1k | - | €58k | - |
| Taxes, remuneration and social security45 | €92k | €99k | €82k | ▼ 17.6% |
| Taxes450/3 | €92k | €99k | €82k | ▼ 17.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €151k | €171k | €201k | ▲ 17.7% |
| + Depreciation and write-downs630 | €2k | €15k | €14k | ▼ 9.1% |
| Operating cash flow (approximation) | €152k | €186k | €215k | ▲ 15.5% |
| Investment in fixed assets (approximation) | - | €-5k | €-3k | ▲ 37.5% |
| Change in cash | - | €155k | €115k | ▼ 25.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €201k ▲17.7%
Operating result €262k, net result €201k, both a record.
31-12
Financial
Equity above €500kEq €523k ▲62.4%
3 profitable years in a row build equity to €523k.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €322k ▲113%
2 profitable years in a row build equity to €322k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rumst · 1 establishment unit since 2023
Ground area
1,463 m²
Building footprint
256 m²
Volume, LiDAR
1,366 m³
Parcel 11036D0191/00C000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Macaron
since 20232.350.075.319
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11036D0191/00C000 | Flanders | 1,463 m² | 1 · 256 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 34,270 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded21-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
70100Activities of head offices
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.