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MACE

Active
Private limited companyfounded 199729 yrs activeMillegemweg 15, 2531 Boechout, BelgiumKBO/BCE: BE 0460.279.846
Summary

MACE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,909 and a net result of €6,708. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 40% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability58▼-2
Solvency74▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 31.93 against 11.33 in 2024; short-term debt: 2.2% and cash: 65.5% of total assets), but 51.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
48.8%
Return on assets
2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-11-2025, 169 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
169 d early
2024
42 d early
2023
42 d early
2022
72 d early
2021
67 d early
2020
45 d early
2019
97 d 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 76 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 March 1997, MACE was incorporated.1 Total assets went from EUR 309,470 in 2018 to EUR 342,116 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€166,909▲ 4.2%
2024 · €160,201
Total assets
€342,116▼ 1.2%
2024 · €346,099
Net result
€6,708▲ 27.1%
2024 · €5,279
Working capital
€237,502▲ 26.5%
2024 · €187,680
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€50,696▲ 96.4%€48,474▼ 4.4%€30,756▼ 36.6%€21,176▼ 31.2%€24,788▲ 17.1%
Net result€25,797▲ 210%€24,613▼ 4.6%€11,797▼ 52.1%€5,279▼ 55.3%€6,708▲ 27.1%
Equity€125,511▲ 25.9%€143,124▲ 14.0%€154,922▲ 8.2%€160,201▲ 3.4%€166,909▲ 4.2%
Total assets€314,642▲ 7.3%€360,416▲ 14.5%€350,857▼ 2.7%€346,099▼ 1.4%€342,116▼ 1.2%
Debt€14,112▼ 13.7%€44,597▲ 216%€25,667▼ 42.4%€18,160▼ 29.2%€175,207▲ 865%
Working capital€116,104▲ 2.3%€111,818▼ 3.7%€153,585▲ 37.4%€187,680▲ 22.2%€237,502▲ 26.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €50,696€50,696Net result 2021: €25,797€25,797Operating result 2022: €48,474€48,474Net result 2022: €24,613€24,613Operating result 2023: €30,756€30,756Net result 2023: €11,797€11,797Operating result 2024: €21,176€21,176Net result 2024: €5,279€5,279Operating result 2025: €24,788€24,788Net result 2025: €6,708€6,70820212022202320242025€0€10,000€20,000€30,000Operating result 2023: €30,756€30,800Net result 2023: €11,797€11,800Operating result 2024: €21,176€21,200Net result 2024: €5,279€5,280Operating result 2025: €24,788€24,800Net result 2025: €6,708€6,710202320242025
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €342,116
Fixed assets €96,935 ▼ 30.9%
Current assets €245,180 ▲ 19.1%
Equity and liabilities €342,116
Equity €166,909 ▲ 4.2%
Provisions €0 ▼ 100%
Debt €175,207 ▲ 865%
Debt's share of the balance-sheet total rises from 5.2% to 51.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€68,111▲
2024 · €63,682
Cash flow
€50,032▲
2024 · €47,786
Current ratio
31.93▲
2024 · 11.33
Debt to equity
1.05▲
2024 · 0.11
ROE
4.0%▲
2024 · 3.3%
ROA
2.0%▲
2024 · 1.5%
Interest coverage
4.37▼
2024 · 4.73
Debt ≤ 1 year
€7,679▼
2024 · €18,160
Income taxes
€3,509▲
2024 · €3,124
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 16,986 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 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€346,099€342,116▼
Fixed assets21/28€140,259€96,935▼
Tangible fixed assets22/27€140,259€96,935▼
Land and buildings22€89,350€67,816▼
Plant, machinery and equipment23€4,915€2,800▼
Furniture and vehicles24€45,993€26,320▼
Current assets29/58€205,840€245,180▲
Amounts receivable within one year40/41€19,357€17,656▼
Trade receivables40€18,274€15,609▼
Other amounts receivable41€1,083€2,047▲
Cash at bank and in hand54/58€182,042€224,149▲
Deferred charges and accrued income490/1€4,441€3,375▼
Equity and liabilities
Total equity and liabilities10/49€346,099€342,116▼
Equity10/15€160,201€166,909▲
Contributions10/11€18,592€18,592=
Reserves13€141,608€148,317▲
Distributable reserves133€141,608€148,317▲
Provisions and deferred taxes16€167,739-
Provisions for liabilities and charges160/5€167,739-
Other liabilities and charges164/5€167,739-
Amounts payable17/49€18,160€175,207▲
Amounts payable within one year42/48€18,160€7,679▼
Current portion of amounts payable after more than one year42€5,913-
Financial debts43-€1,505
Credit institutions430/8-€1,505
Trade debts44€2,698€32▼
Suppliers440/4€2,698€32▼
Taxes, remuneration and social security45€9,549€6,142▼
Taxes450/3€9,549€6,142▼
Accrued charges and deferred income492/3-€167,528
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,507€43,323▲
Other operating charges640/8€1,353€1,197▼
Gross operating margin9900€65,036€69,309▲
Operating profit (loss)9901€21,176€24,788▲
Financial income75/76B€681€1,029▲
Recurring financial income75€681€1,029▲
Financial charges65/66B€13,453€15,599▲
Recurring financial charges65€13,453€15,599▲
Profit (loss) for the period before taxes9903€8,403€10,217▲
Income taxes67/77€3,124€3,509▲
Profit (loss) for the period9904€5,279€6,708▲
Profit (loss) for the period to be appropriated9905€5,279€6,708▲
Appropriation of the result
Profit (loss) to be appropriated9906€5,279€6,708▲
Transfer to equity691/2€5,279€6,708▲
To other reserves6921€5,279€6,708▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,210€36,285€42,442€42,507€43,323▲ 1.9%
Other operating charges640/8-€1,405€2,564€1,353€1,197▼ 11.5%
Gross operating margin9900€77,188€86,164€75,762€65,036€69,309▲ 6.6%
Operating profit (loss)9901€50,696€48,474€30,756€21,176€24,788▲ 17.1%
Financial income75/76B-€105€0€681€1,029▲ 51.1%
Recurring financial income75€0€105€0€681€1,029▲ 51.1%
Financial charges65/66B-€13,891€13,619€13,453€15,599▲ 16.0%
Recurring financial charges65€13,491€13,891€13,619€13,453€15,599▲ 16.0%
Profit (loss) for the period before taxes9903€37,205€34,688€17,137€8,403€10,217▲ 21.6%
Income taxes67/77€11,408€10,075€5,340€3,124€3,509▲ 12.3%
Profit (loss) for the period9904€25,797€24,613€11,797€5,279€6,708▲ 27.1%
Profit (loss) for the period to be appropriated9905€25,797€24,613€11,797€5,279€6,708▲ 27.1%
Line20212022202320242025Change
Assets
Total assets20/58€314,642€360,416€350,857€346,099€342,116▼ 1.2%
Fixed assets21/28€184,425€219,960€177,518€140,259€96,935▼ 30.9%
Tangible fixed assets22/27€184,376€219,911€177,468€140,259€96,935▼ 30.9%
Land and buildings22-€132,420€110,885€89,350€67,816▼ 24.1%
Plant, machinery and equipment23-€2,307€1,398€4,915€2,800▼ 43.0%
Furniture and vehicles24-€85,183€65,185€45,993€26,320▼ 42.8%
Financial fixed assets28€50€50€50---
Current assets29/58€130,217€140,455€173,339€205,840€245,180▲ 19.1%
Amounts receivable within one year40/41€39,945€34,826€35,990€19,357€17,656▼ 8.8%
Trade receivables40-€31,476€34,330€18,274€15,609▼ 14.6%
Other amounts receivable41-€3,350€1,660€1,083€2,047▲ 89.0%
Cash at bank and in hand54/58€84,071€98,872€130,389€182,042€224,149▲ 23.1%
Deferred charges and accrued income490/1-€6,757€6,960€4,441€3,375▼ 24.0%
Equity and liabilities
Total equity and liabilities10/49€314,642€360,416€350,857€346,099€342,116▼ 1.2%
Equity10/15€125,511€143,124€154,922€160,201€166,909▲ 4.2%
Contributions10/11-€18,592€18,592€18,592€18,592=
Reserves13€106,919€124,532€136,330€141,608€148,317▲ 4.7%
Non-distributable reserves130/1-€1,859----
Reserves not available under the articles1311-€1,859----
Distributable reserves133-€122,673€136,330€141,608€148,317▲ 4.7%
Profit (loss) carried forward14-€2,887-----
Provisions and deferred taxes16€175,018€172,694€170,268€167,739--
Provisions for liabilities and charges160/5-€172,694€170,268€167,739--
Other liabilities and charges164/5-€172,694€170,268€167,739--
Amounts payable17/49€14,112€44,597€25,667€18,160€175,207▲ 865%
Amounts payable after more than one year17-€15,960€5,913---
Financial debts170/4-€15,960€5,913---
Amounts payable within one year42/48€14,112€28,638€19,754€18,160€7,679▼ 57.7%
Current portion of amounts payable after more than one year42-€9,934€10,047€5,913--
Financial debts43----€1,505-
Credit institutions430/8----€1,505-
Trade debts44€419€1,378€1,903€2,698€32▼ 98.8%
Suppliers440/4-€1,378€1,903€2,698€32▼ 98.8%
Taxes, remuneration and social security45-€10,325€7,266€9,549€6,142▼ 35.7%
Taxes450/3-€10,325€7,266€9,549€6,142▼ 35.7%
Other amounts payable47/48-€7,000€538---
Accrued charges and deferred income492/3----€167,528-
Line20212022202320242025Change
Profit (loss) for the period9904€25,797€24,613€11,797€5,279€6,708▲ 27.1%
+ Depreciation and write-downs630€24,210€36,285€42,442€42,507€43,323▲ 1.9%
Operating cash flow (approximation)€50,007€60,899€54,239€47,786€50,032▲ 4.7%
Investment in fixed assets (approximation)--€71,820€0-€5,248€0▲ 100%
Change in cash-€14,801€31,517€51,653€42,107▼ 18.5%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2025
12-11
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial Liquidity triplescurrent ratio 31.93
Current ratio from 11.33 to 31.93; short-term debt falls from €18,160 to €7,679.
19-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Equity above €150,000Eq €154,922 ▲8.2%
4 profitable years in a row build equity to €154,922.
17-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
22-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Highest result since 2018net €25,797 ▲210%
Operating result €50,696, net result €25,797, both a record.
30-09
Financial Equity above €100,000Eq €125,511 ▲25.9%
2 profitable years in a row build equity to €125,511.
16-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Back to profitnet €8,314
Net result €8,314 after one loss-making year.
24-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-09
Financial Weakest financial yearnet -€3,155
Net result drops to -€3,155, the lowest in the series; recovery starts the following year.
21-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Boechout · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
441 m²
Building footprint
152 m²
Volume, LiDAR
799 m³
Parcel 11047A0227/00B002, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MACE AIGIO
Millegemweg 15, 2531 BoechoutNACE 51640
since 19972.081.179.441
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11047A0227/00B002 Flanders 441 m² 1 · 152 m² 10.9 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 6,795 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
Founded27-03-1997
Fiscal year end30-09
Trade name NL AIGIS
Activities, NACEBEL 2025
62100Computer programming
46500Wholesale of information and communication equipment
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0460279846
Also 9925:BE0460279846
Registered 18-11-2025

Register as of 26 September 2026 · Peppol Directory

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