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MaCat

Active
Limited partnershipfounded 2023active for 3 yearsKriktestraat 43, 9160 Lokeren, BelgiumKBO/BCE: BE 0797.638.324
Summary

MaCat has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109,720 and a net result of €60,597. Its solvency ranks better than 95% of 9,624 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other business support services
NACE 82990
1 site
Size
€112,900total assets 2025
Equity
€109,720
Profit
€60,597
Turnover not published (micro format)
Financial health
99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 59 days early1 of 2 deeds summarised
Why 99raises risk1 change of registered office in 24 monthsFigures for financial year 2025 (filed 02-09-2025)lowers riskLiquidity: current ratio 34.50, cash €84,274Sector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 91% of its sector peers (NACE 82, micro)
Financial strength
Strong
Solvency 100
equity 97.2% of total assets
Liquidity 100
short-term debt 2.8% · cash 74.6%
Profitability 100
return on assets 53.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (12,649 companies, NACE 82, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.6%▲ +0.1 percentage points vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025highest value 03-2025: 0.6%● unchanged vs 02-2025highest value 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: < 0.1%▼ -0.6 percentage points 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 03-2026lowest value 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: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity ample (current ratio 34.5, above the usual 1.5; short-term debt: 2.8% and cash: 74.6% of total assets), and 2.8% 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 82, micro): better than 88% on solvency, 97% on liquidity and 87% on profitability.

The bankruptcy probability was computed on 25-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 34.50, cash €84,274
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2025 (filed 02-09-2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 02-09-2025, 59 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
59 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Permanent representative: Wannes SasRegistered-office move
  2. Annual accounts filedfinancial year 2025 · micro…

Financials · financial year 2025, micro format

Equity
€109,720
Total assets
€112,900
Net result
€60,597
Working capital
€106,519

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €112,900
Fixed assets €3,201
Current assets €109,699
Equity and liabilities €112,900
Equity €109,720
Debt €3,180
Debt finances 2.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€77,110
Cash flow
€62,037
Current ratio
34.50
Debt to equity
0.03
ROE
55.2%
ROA
53.7%
Interest coverage
over 100
Debt ≤ 1 year
€3,180
Income taxes
€15,088

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€112,900
Fixed assets21/28€3,201
Tangible fixed assets22/27€3,201
Plant, machinery and equipment23€524
Furniture and vehicles24€2,677
Current assets29/58€109,699
Amounts receivable within one year40/41€12,469
Trade receivables40€12,469
Current investments50/53€12,588
Cash at bank and in hand54/58€84,274
Deferred charges and accrued income490/1€368
Equity and liabilities
Total equity and liabilities10/49€112,900
Equity10/15€109,720
Contributions10/11€1,000
Contributions outside capital11€1,000
Share premium1100/10€1,000
Reserves13€108,720
Distributable reserves133€108,720
Amounts payable17/49€3,180
Amounts payable within one year42/48€3,180
Trade debts44€60
Suppliers440/4€60
Taxes, remuneration and social security45€989
Taxes450/3€989
Other amounts payable47/48€2,131
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,440
Other operating charges640/8€300
Gross operating margin9900€77,410
Operating profit (loss)9901€75,670
Financial income75/76B€290
Recurring financial income75€290
Financial charges65/66B€274
Recurring financial charges65€274
Profit (loss) for the period before taxes9903€75,685
Income taxes67/77€15,088
Profit (loss) for the period9904€60,597
Profit (loss) for the period to be appropriated9905€60,597
Appropriation of the result
Profit (loss) to be appropriated9906€108,720
Profit (loss) brought forward from the previous period14P€48,123
Transfer to equity691/2€108,720
To other reserves6921€108,720

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,440
Other operating charges640/8€300
Gross operating margin9900€77,410
Operating profit (loss)9901€75,670
Financial income75/76B€290
Recurring financial income75€290
Financial charges65/66B€274
Recurring financial charges65€274
Profit (loss) for the period before taxes9903€75,685
Income taxes67/77€15,088
Profit (loss) for the period9904€60,597
Profit (loss) for the period to be appropriated9905€60,597
Line2025
Assets
Total assets20/58€112,900
Fixed assets21/28€3,201
Tangible fixed assets22/27€3,201
Plant, machinery and equipment23€524
Furniture and vehicles24€2,677
Current assets29/58€109,699
Amounts receivable within one year40/41€12,469
Trade receivables40€12,469
Current investments50/53€12,588
Cash at bank and in hand54/58€84,274
Deferred charges and accrued income490/1€368
Equity and liabilities
Total equity and liabilities10/49€112,900
Equity10/15€109,720
Contributions10/11€1,000
Contributions outside capital11€1,000
Share premium1100/10€1,000
Reserves13€108,720
Distributable reserves133€108,720
Amounts payable17/49€3,180
Amounts payable within one year42/48€3,180
Trade debts44€60
Suppliers440/4€60
Taxes, remuneration and social security45€989
Taxes450/3€989
Other amounts payable47/48€2,131
Line2025
Profit (loss) for the period9904€60,597
+ Depreciation and write-downs630€1,440
Operating cash flow (approximation)€62,037

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-03-2025 micro format 02-09-2025 2025-00469466

Similar companies · same sector, comparable size

Of the 24,208 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,682. 7,395 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

MaCat was incorporated on 26 January 2023 as a limited partnership.1 The registered office was moved to Lokeren in 2026.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-05-2026
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
05-05
Gazette deed Permanent representative: Wannes Sas
Registered-office move3 facts ▸
  • General meeting, 23-02-2026
  • Registered-office move, Kriktestraat 43, 9160 Lokeren (Daknam)
  • Permanent representative, Wannes Sas
2025
02-09
NBB filing Annual accounts filed
financial year 2025 · micro format
Gazette deedNBB filing
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formLimited partnership
Founded26-01-2023
Financial year end31-03
Activities, NACEBEL 2025
82990Other business support services
73110Advertising agencies
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797638324
Also 9925:BE0797638324
Registered 24-11-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
178 m²
Building footprint
90 m²
Building volume
338 m³
Parcel 46004A0591/00A000, Flanders · tallest building 5.9 m. Linked by address, not a title deed.
1 establishment unit
MaCat
Kriktestraat 43, 9160 LokerenOther business support services
since 2023unit no. 2.342.427.858
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
46004A0591/00A000 Flanders 178 m² 1 · 90 m² 5.8 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

Other provisionsOther rules from the articles that fall under none of the themes above.
“BV Meesters Accountants” (deed in Dutch)

Read from the deeds: 1 provision, deed of 05-05-2026