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MACASA

Active
Public limited companyfounded 1986active for 40 yearsWoudlaan 184, 1000 Brussel, BelgiumKBO/BCE: BE 0428.932.416
Summary

MACASA has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144,878 and a net result of -€30,201. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 92% of 9,778 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
MACASAActiveChecked score 84/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of perfume and cosmetics
NACE 46450
1 site
Size
€160,657total assets 2025
Equity
€144,878
Loss
-€30,201
Turnover not published (abbreviated or micro format)
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
Suco Trade · 90%
Board
5 members
2025 accounts filed 26 days late2 of 6 deeds summarised
Why 84raises riskLoss of €30,201, the second in a row (financial year 2025)lowers riskFounded in 1986Size: total assets €160,657Equity €144,878 (90.2% of total assets)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 100=
equity 90.2% of total assets
Liquidity 58-28
short-term debt 9.8% · cash 6.7%
Profitability 0-16
return on assets -18.8%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,881 companies, NACE 46, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged 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%▼ -0.1 percentage points 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 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 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: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.3%● unchanged vs 09-2026highest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.6, above the usual 1.5; short-term debt: 9.8% and cash: 6.7% of total assets), and 9.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 90% on solvency, 64% on liquidity, 6% on profitability and 20% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Loss of €30,201, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €160,657
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €144,878 (90.2% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€30,201
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
26 days late
2024
21 days late
2023
22 days late
2022
53 days early
2021
54 days early
2020
65 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 21 August (4 of the last 5 filed years within 74 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€30,201
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 14% on net resultsector median €26,874 · 9,757 companies -€30,201 View
  • Controlled by Suco Trade 90% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€30,201 View

By topic

Financials

Financial year
2025
Total assets
€160,657
Loss
-€30,201
Solvency
90.2%
Go to Financials

Board & ownership

Board
5 members
Parent
Suco Trade · 90%
  • EL CHALOUHI CarolineDirector
  • EL CHALOUHI John JohnManaging director
  • EL-CHALOUHIDirector
  • EL-CHALOUHI SayedDirector
  • SARAFIAN MartineManaging director
Go to Board & ownership

Timeline

Events
48
Since
1987
Next accounts
by 31-07-2027
  1. 31-12-2024Liquidity more than 15 times
  2. 22-08-2024Annual accounts filed
  3. 15-01-2024Reappointments: EL-CHALOUHI Sayed, SARAFIAN Martine and 2…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of perfume and cosmeticsNACE 46450
Founded
07-05-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about MACASA

What is the company number of MACASA?
0428.932.416. In Belgium the VAT number is the company number with BE in front: BE 0428.932.416.
Where is MACASA based?
The registered office is at Woudlaan 184, 1000 Brussel.Company details
What does MACASA do?
According to the KBO register, the main activity is wholesale of perfume and cosmetics (NACE 46450).
What is the legal form of MACASA?
Public limited company (NV).
When was MACASA founded?
On 07-05-1986.
Is MACASA still active?
Yes, MACASA is an active enterprise in the KBO register.
What is the turnover of MACASA?
€140,680 in financial year 2024, according to the filed annual accounts.Financials
Is MACASA profitable?
In financial year 2025, MACASA made a loss of €30,201.
Where can I find the annual accounts of MACASA?
MACASA filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MACASA due?
By 31-07-2027, for financial year 2026.Timeline

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