Skip to content

MACASART

Active Private limited companyfounded 2018active for 8 yearsRue César-Franck 63, 4000 LiègeKBO/BCE: BE 0711.895.668

Lifetime

7 annual accounts with figures on one time axis
peak €6,360 (2023)
€4,287▲ 30.1%
lowest -€5,765 (2019)
€1,392▲ 143%
peak €4,987 (2025)
€4,987▲ 38.7%
€1,332▲ 20.1%
Board2 names since 2018
2 directorsMARÉCHAL Maxime Bernard Jean-Luc and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €3,295 to €4,287Result from €574 to €1,392Equity from €3,595 to €4,987Debts from €1,109 to €1,332

Key points

from the 2025 annual accounts

Turnover

≈ €25,000 estimated

The accounts state no turnover.

Filings

7 annual accounts 2 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 98 days after the end of the period.

Position in the sector

€4,987

Less equity than 82% of companies in office administrative support. Sector median €53,928 · 9,708 companies.

Checked score

97
Excellent
Financially stronger than 79% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very 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).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged 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%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged 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 01-2026 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%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 78.9% of total assets
93=short-term debt 21.1% · cash 44.8%
93+25return on assets 22.0%

Score breakdown

raises risk
Size: total assets €6,318
lowers risk
Liquidity: current ratio 4.75, cash €2,828
Sector: Office administrative, office support and other business support activities (NACE 82)
Figures for financial year 2025 (filed on 30-06-2026)
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 88% of them on solvency, 87% on liquidity, 67% on profitability and 75% on growth.

The bankruptcy probability was computed on 09-11-2026 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).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as MACASART has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of MACASART itself is lower: 0.1% within 12 months. It rests on far more data about MACASART than the profile alone.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,972 companies, not a prediction for MACASART. 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 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

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.75, cash €2,828
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Size: total assets €6,318
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-06-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €4,987
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 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
31 days early
2024
27 days early
2023
26 days early
2022
85 days early
2021
38 days early
2020
1 day late
2019
98 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 15 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 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MM
Director, since 01-01-2020
  • Maxime Marechalannual accounts 2020
Board & ownership

Recent changes

Appointment: Maxime Maréchal (director) “La consultance et/ou la prestation de services dans les domaines de la gestion,de l'administration,de la…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 18-08-2023 · Gazette deed
Registered office moved within Liège New registered office: rue Cesar Franck 63 à 4000 Liège · Previous registered office: rue lebeau 6/6 à 4000 Liège · Gazette deed
Registered office moved from Neupré to Liège New registered office: rue Lebeau 6/6, 4000 Liège · Previous registered office: avenue de la chevauchée 102, 4121 Neupré · General meeting of 01-03-2021 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0711895668
All 16 events

Comparable companies

same main activity, similar in size and age
Company
MACASART Liège €6,318 €4,287 78.9% -
VdM projects Ghent €8,697 €3,321 -122.9% -
ISSOROPIA Edegem €7,619 €2,986 44.0% -
GIJBELS VASTGOED Peer €7,007 €5,657 5.0% -
MHP PRODUCT Flémalle €5,415 €2,674 81.0% -
MEDMONT Keerbergen €5,248 €7,336 37.7% -
AG ADVIES Antwerp €11,519 €3,211 67.4% -

These companies have the same main activity as MACASART: other business support services (NACE 82990). They are comparable in size and age: total assets between €5,250 and €11,500, founded between 2017 and 2021.

Official details

Source: KBO
Status
Active since 19-10-2018Normal situation
Activity
Other business support servicesNACE 82990and 4 others
Establishment unit
2.281.324.5884000 Liège, since 19-10-2018
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€6,318▲ 34.3%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on MACASART

MACASART files the micro format. That format states no turnover. The gross margin rose from €0 in 2020 to €4,287 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MACASART

What is the company number of MACASART?
The company number of MACASART is 0711.895.668. The VAT number is the same number with BE in front: BE 0711.895.668.
Where is MACASART based?
The registered office is at Rue César-Franck 63, 4000 Liège.Company details
What does MACASART do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of MACASART?
MACASART is a private limited company (BV).
When was MACASART founded?
MACASART was founded on 19-10-2018.
Is MACASART still active?
Yes, MACASART is an active enterprise in the KBO register.
What is the turnover of MACASART?
The turnover in financial year 2025 is ≈ €25,000. This figure is estimated from the gross margin of €4,287 and 44 comparable companies (NACE 82990). It probably lies between €13,000 and €48,000. It is a rough estimate. In financial year 2019 turnover was €3,583.Financials
Is MACASART profitable?
In financial year 2025, MACASART made a profit of €1,392.
Where can I find the annual accounts of MACASART?
MACASART filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MACASART due?
MACASART must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.