MACBETH Consulting
Annual accounts 2025
micro format, filed on 29-03-2026, 124 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 ≈ €1.1m. Estimated: probably between €950,000 and €1.3m.
Balance sheet
balance sheet total €1.5m on 31-12-2025in €m
in euro
Position in the sector
75.9%
Higher than 72% of 15,813 companies in 2025.
4.15
Higher than 73% of 15,585 companies in 2025.
27.9%
Higher than 64% of 15,702 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 |
1.5m | 1.1m | 648,789 | |
21/28 |
1,871 | 7,484 | 13,098 | |
22/27 |
1,871 | 7,484 | 13,098 | |
24 |
1,871 | 7,484 | 13,098 | |
29/58 |
1.5m | 1.1m | 635,691 | |
40/41 |
30,432 | 176,589 | 209,980 | |
40 |
25,410 | 176,589 | 209,980 | |
41 |
5,022 | 0 | - | |
50/53 |
1.1m | 675,000 | 300,000 | |
54/58 |
370,008 | 251,742 | 125,711 | |
490/1 |
81 | - | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
1.5m | 1.1m | 648,789 | |
10/15 |
1.2m | 733,441 | 399,148 | |
10/11 |
5,000 | 5,000 | 5,000 | |
13 |
1.2m | 728,441 | 394,148 | |
133 |
1.2m | 728,441 | 394,148 | |
17/49 |
367,802 | 377,374 | 249,641 | |
42/48 |
367,778 | 377,374 | 246,821 | |
44 |
6 | 229 | 2,211 | |
440/4 |
6 | 229 | 2,211 | |
45 |
363,212 | 372,086 | 239,015 | |
450/3 |
363,212 | 372,086 | 239,015 | |
47/48 |
4,559 | 5,059 | 5,595 | |
492/3 |
25 | 0 | 2,820 | |
| Income statement | ||||
9900 |
628,526 | 493,757 | 580,906 | |
630 |
5,613 | 5,613 | 3,742 | |
640/8 |
1,287 | 1,247 | 2,729 | |
9901 |
621,626 | 486,896 | 574,435 | |
75/76B |
383 | 626 | 170 | |
75 |
383 | 626 | 170 | |
65/66B |
260 | 36 | 15 | |
65 |
260 | 36 | 15 | |
9903 |
621,750 | 487,486 | 574,590 | |
67/77 |
195,601 | 153,193 | 180,441 | |
9904 |
426,148 | 334,293 | 394,148 | |
9905 |
426,148 | 334,293 | 394,148 | |
| Appropriation of the result | ||||
9906 |
426,148 | 334,293 | 394,148 | |
691/2 |
426,148 | 334,293 | 394,148 | |
6921 |
426,148 | 334,293 | 394,148 | |
| Document | ||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-03-2026.
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 |
|---|---|---|---|---|
| 627,239 | 492,509 | 578,177 | ||
| 431,762 | 339,907 | 397,891 | ||
| 0 | 0 | 16,840 | ||
| 118,265 | 126,031 | - | ||
| 1.2m | 725,957 | 388,871 | ||
| 75.9% | 66.0% | 61.5% | ||
| 4.15 | 2.92 | 2.58 | ||
| 0.32 | 0.51 | 0.63 | ||
| 36.7% | 45.6% | 98.7% | ||
| 27.9% | 30.1% | 60.8% | ||
| 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 | - | €0 | €16,840 |
| €5,613 | €5,613 | €3,742 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on MACBETH Consulting
The operating result for 2025 is 28% higher than in 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 34.0% to 24.1%. Equity is higher and debt is lower.