MACBETH Consulting
ActiveSummary
MACBETH Consulting has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.16M and a net result of €426k. Equity is growing by ~51.8% per year across the filed fiscal years. Its solvency ranks better than 72% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+9
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 4.15 against 2.92 in 2024; short-term debt: 24.1% and cash: 24.2% of total assets), and 24.1% 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% 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
75.9%
Return on assets
27.9%
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 29-03-2026, 124 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
124 d early
2024
43 d late
2023
106 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
€1.16M▲ 58.1%
2024 · €733k
2023: €399klowest in 3 years
2024: €733k▲ +83.8% vs 2023
2025: €1.16M▲ +58.1% vs 2024highest in 3 years
2023 → 2025
Total assets
€1.53M▲ 37.5%
2024 · €1.11M
2023: €649klowest in 3 years
2024: €1.11M▲ +71.2% vs 2023
2025: €1.53M▲ +37.5% vs 2024highest in 3 years
2023 → 2025
Net result
€426k▲ 27.5%
2024 · €334k
2023: €394k
2024: €334k▼ -15.2% vs 2023lowest in 3 years
2025: €426k▲ +27.5% vs 2024highest in 3 years
2023 → 2025
Working capital
€1.16M▲ 59.5%
2024 · €726k
2023: €389klowest in 3 years
2024: €726k▲ +86.7% vs 2023
2025: €1.16M▲ +59.5% 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€399k-€733k▲ 83.8%€1.16M▲ 58.1%
2023: €399klowest in 3 years
2024: €733k▲ +83.8% vs 2023
2025: €1.16M▲ +58.1% vs 2024highest in 3 years
Operating result€574k-€487k▼ 15.2%€622k▲ 27.7%
2023: €574k
2024: €487k▼ -15.2% vs 2023lowest in 3 years
2025: €622k▲ +27.7% vs 2024highest in 3 years
Net result€394k-€334k▼ 15.2%€426k▲ 27.5%
2023: €394k
2024: €334k▼ -15.2% vs 2023lowest in 3 years
2025: €426k▲ +27.5% 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 recovers in 2025; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.53M
Fixed assets
€2k ▼ 75.0%
Current assets
€1.53M ▲ 38.3%
Equity and liabilities €1.53M
Equity
€1.16M ▲ 58.1%
Debt
€368k ▼ 2.5%
Debt's share of the balance-sheet total falls from 34.0% to 24.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€627k▲
2024 · €493k
Cash flow
€432k▲
2024 · €340k
Current ratio
4.15▲
2024 · 2.92
Debt to equity
0.32▼
2024 · 0.51
ROE
36.7%▼
2024 · 45.6%
ROA
27.9%▼
2024 · 30.1%
Interest coverage
2415.90▼
2024 · 13620.28
Debt ≤ 1 year
€368k▼
2024 · €377k
Income taxes
€196k▲
2024 · €153k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.11M€1.53M▲
Fixed assets21/28€7k€2k▼
Tangible fixed assets22/27€7k€2k▼
Furniture and vehicles24€7k€2k▼
Current assets29/58€1.10M€1.53M▲
Amounts receivable within one year40/41€177k€30k▼
Trade receivables40€177k€25k▼
Other amounts receivable41€0€5k▲
Current investments50/53€675k€1.13M▲
Cash at bank and in hand54/58€252k€370k▲
Deferred charges and accrued income490/1-€81
Equity and liabilities
Total equity and liabilities10/49€1.11M€1.53M▲
Equity10/15€733k€1.16M▲
Contributions10/11€5k€5k=
Reserves13€728k€1.15M▲
Distributable reserves133€728k€1.15M▲
Amounts payable17/49€377k€368k▼
Amounts payable within one year42/48€377k€368k▼
Trade debts44€229€6▼
Suppliers440/4€229€6▼
Taxes, remuneration and social security45€372k€363k▼
Taxes450/3€372k€363k▼
Other amounts payable47/48€5k€5k▼
Accrued charges and deferred income492/3€0€25▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€1k€1k▲
Gross operating margin9900€494k€629k▲
Operating profit (loss)9901€487k€622k▲
Financial income75/76B€626€383▼
Recurring financial income75€626€383▼
Financial charges65/66B€36€260▲
Recurring financial charges65€36€260▲
Profit (loss) for the period before taxes9903€487k€622k▲
Income taxes67/77€153k€196k▲
Profit (loss) for the period9904€334k€426k▲
Profit (loss) for the period to be appropriated9905€334k€426k▲
Appropriation of the result
Profit (loss) to be appropriated9906€334k€426k▲
Transfer to equity691/2€334k€426k▲
To other reserves6921€334k€426k▲
The notes to these accounts (4 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 | €4k | €6k | €6k | = |
| Other operating charges640/8 | €3k | €1k | €1k | ▲ 3.2% |
| Gross operating margin9900 | €581k | €494k | €629k | ▲ 27.3% |
| Operating profit (loss)9901 | €574k | €487k | €622k | ▲ 27.7% |
| Financial income75/76B | €170 | €626 | €383 | ▼ 38.8% |
| Recurring financial income75 | €170 | €626 | €383 | ▼ 38.8% |
| Financial charges65/66B | €15 | €36 | €260 | ▲ 618% |
| Recurring financial charges65 | €15 | €36 | €260 | ▲ 618% |
| Profit (loss) for the period before taxes9903 | €575k | €487k | €622k | ▲ 27.5% |
| Income taxes67/77 | €180k | €153k | €196k | ▲ 27.7% |
| Profit (loss) for the period9904 | €394k | €334k | €426k | ▲ 27.5% |
| Profit (loss) for the period to be appropriated9905 | €394k | €334k | €426k | ▲ 27.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €649k | €1.11M | €1.53M | ▲ 37.5% |
| Fixed assets21/28 | €13k | €7k | €2k | ▼ 75.0% |
| Tangible fixed assets22/27 | €13k | €7k | €2k | ▼ 75.0% |
| Furniture and vehicles24 | €13k | €7k | €2k | ▼ 75.0% |
| Current assets29/58 | €636k | €1.10M | €1.53M | ▲ 38.3% |
| Amounts receivable within one year40/41 | €210k | €177k | €30k | ▼ 82.8% |
| Trade receivables40 | €210k | €177k | €25k | ▼ 85.6% |
| Other amounts receivable41 | - | €0 | €5k | - |
| Current investments50/53 | €300k | €675k | €1.13M | ▲ 66.7% |
| Cash at bank and in hand54/58 | €126k | €252k | €370k | ▲ 47.0% |
| Deferred charges and accrued income490/1 | - | - | €81 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €649k | €1.11M | €1.53M | ▲ 37.5% |
| Equity10/15 | €399k | €733k | €1.16M | ▲ 58.1% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Reserves13 | €394k | €728k | €1.15M | ▲ 58.5% |
| Distributable reserves133 | €394k | €728k | €1.15M | ▲ 58.5% |
| Amounts payable17/49 | €250k | €377k | €368k | ▼ 2.5% |
| Amounts payable within one year42/48 | €247k | €377k | €368k | ▼ 2.5% |
| Trade debts44 | €2k | €229 | €6 | ▼ 97.4% |
| Suppliers440/4 | €2k | €229 | €6 | ▼ 97.4% |
| Taxes, remuneration and social security45 | €239k | €372k | €363k | ▼ 2.4% |
| Taxes450/3 | €239k | €372k | €363k | ▼ 2.4% |
| Other amounts payable47/48 | €6k | €5k | €5k | ▼ 9.9% |
| Accrued charges and deferred income492/3 | €3k | €0 | €25 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €394k | €334k | €426k | ▲ 27.5% |
| + Depreciation and write-downs630 | €4k | €6k | €6k | = |
| Operating cash flow (approximation) | €398k | €340k | €432k | ▲ 27.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €126k | €118k | ▼ 6.2% |
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
29-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €426k ▲27.5%
Operating result €622k, net result €426k, both a record.
31-12
Financial
Equity above €1MEq €1.16M ▲58.1%
3 profitable years in a row build equity to €1.16M.
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
31-12
Financial
Weakest financial yearnet €334k ▼15.2%
Net result drops to €334k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €733k ▲83.8%
2 profitable years in a row build equity to €733k.
16-04
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 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Neupré · 1 establishment unit since 2023
Ground area
2,520 m²
Building footprint
200 m²
Parcel 61044B0135/00Y002, Wallonia. Linked by address, not a title deed.
1 establishment unit
MACBETH Consulting
since 20232.344.382.508
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61044B0135/00Y002 | Wallonia | 2,520 m² | 1 · 200 m² | - |
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 12,173 companies in sector 69201 we hold annual accounts for 7,638. 4,168 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
E-mail
patrice.picha@renson-fiduciaire.be
Scores and ratios are computed by Checked and are not a credit decision.