Macaron
Annual accounts 2025
micro format, filed on 10-07-2026, 21 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 ≈ €400,000. Estimated: probably between €330,000 and €700,000.
Balance sheet
balance sheet total €663,006 on 31-12-2025in euro
in euro
Position in the sector
78.9%
Higher than 76% of 39,364 companies in 2025.
4.69
Higher than 77% of 38,048 companies in 2025.
30.3%
Higher than 71% of 38,520 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
663,006 | 421,482 | 244,840 | |
21/28 |
8,791 | 19,509 | 29,692 | |
22/27 |
8,791 | 19,509 | 29,692 | |
23 |
3,668 | 1,343 | 2,045 | |
24 |
- | 13,043 | 27,647 | |
26 |
5,123 | 5,123 | - | |
29/58 |
654,216 | 401,974 | 215,148 | |
29 |
4,624 | 10,525 | - | |
291 |
4,624 | 10,525 | - | |
40/41 |
245,436 | 102,915 | 81,652 | |
40 |
82,211 | 76,234 | 81,652 | |
41 |
163,225 | 26,681 | - | |
54/58 |
399,372 | 284,400 | 129,420 | |
490/1 |
4,784 | 4,133 | 4,076 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
663,006 | 421,482 | 244,840 | |
10/15 |
523,411 | 322,357 | 151,512 | |
10/11 |
1,000 | 1,000 | 1,000 | |
14 |
522,411 | 321,357 | 150,512 | |
17/49 |
139,595 | 99,125 | 93,328 | |
42/48 |
139,595 | 99,125 | 93,328 | |
44 |
57,916 | - | 1,000 | |
440/4 |
57,916 | - | 1,000 | |
45 |
81,679 | 99,125 | 92,328 | |
450/3 |
81,679 | 99,125 | 92,328 | |
| Income statement | ||||
9900 |
277,606 | 243,341 | 199,278 | |
630 |
13,919 | 15,306 | 1,622 | |
640/8 |
1,771 | 1,518 | 2,067 | |
9901 |
261,916 | 226,517 | 195,588 | |
75/76B |
5,732 | 645 | - | |
75 |
5,732 | 645 | - | |
65/66B |
228 | 231 | 12 | |
65 |
228 | 231 | 12 | |
9903 |
267,420 | 226,931 | 195,577 | |
67/77 |
66,366 | 56,086 | 45,065 | |
9904 |
201,054 | 170,845 | 150,512 | |
9905 |
201,054 | 170,845 | 150,512 | |
| Appropriation of the result | ||||
9906 |
522,411 | 321,357 | 150,512 | |
14P |
321,357 | 150,512 | - | |
| Document | ||||
The notes to these accounts have 6 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 10-07-2026.
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 |
|---|---|---|---|---|
| 275,836 | 241,823 | 197,210 | ||
| 214,973 | 186,151 | 152,134 | ||
| 3,201 | 5,123 | 31,314 | ||
| 114,972 | 154,980 | - | ||
| 514,621 | 302,848 | 121,820 | ||
| 78.9% | 76.5% | 61.9% | ||
| 4.69 | 4.06 | 2.31 | ||
| 0.27 | 0.31 | 0.62 | ||
| 38.4% | 53.0% | 99.3% | ||
| 30.3% | 40.5% | 61.5% | ||
| over 100 | over 100 | over 100 |
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 |
|---|---|---|---|
| Tangible fixed assets | €3,201 | €5,123 | €31,314 |
| €13,919 | €15,306 | €1,622 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Macaron
The operating result for 2025 is 16% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 23.5% to 21.1%. Equity and debt are higher.