Macides
ActiveSummary
Macides has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.7m and a net result of €1.5m. Equity has been growing by about 56% per year since 2018. Its solvency ranks better than 93% of 2,083 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-01-2003 Normal situation
- Activity
- Public relations and communication consultancy NACE 73300and 2 others
- Establishment unit
- 2.123.252.596 3590 Diepenbeek, since 04-03-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €712,858
- ▼ 53.3%
- Turnover
- ≈ €1.4m
- estimated
- Profit
- €1.5m
- ▲ 45.4%
- Equity
- €4.7m
- ▲ 41.8%
- Total assets
- €5.0m
- ▲ 38.2%
- 2025 accounts filed 19 days after the deadline
Score breakdownlowers riskSize: total assets €5.0mFigures for financial year 2025 (filed on 19-08-2026)Founded in 2003Equity €4.7m (93.9% of total assets)Show the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 86% of small companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 93.9% of total assets
Liquidity
60+6
short-term debt 5.6% · cash 7.7%
Profitability
100=
return on assets 30.2%
Bankruptcy probability within 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).
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%▲ +0.1 percentage points 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: 0.2%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.2 percentage points 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%▲ +0.1 percentage points vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €460,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 14.64 (8.72 in 2024), above the usual 1.5. Short-term debt is 5.6% and cash 7.7% of total assets. 6.1% of the assets are financed with debt and provisions.
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 73, small). It does better than 87% of them on solvency, 73% on liquidity, 98% on profitability and 87% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskneutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
19 days late
2024
1 day early
2023
1 day early
2022
on the day
2021
60 days early
2020
5 days early
2019
37 days early
← 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 12 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 19 days after the deadline Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00406849.
Annual accounts 2025 filed on 19-08-2026 at the NBB all 23 filings
Turnover
≈ €1.4m
Estimated: probably between €960,000 and €1.9m
Total assets
€5.0m▲ 38.2%
2024 · €3.6m
Net result
€1.5m▲ 45.4%
2024 · €1.0m
Working capital
€3.9m▲ 123%
2024 · €1.7m
In the rankings
#5 company by equity in Diepenbeek, Professional and technical services sector#6 company by total assets in Diepenbeek, Professional and technical services sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€609,595
▼ 58.1%
2025
20182025
Net result
€1.5m
▲ 45.4%
2025
highest quarter of the sector
20182025
Equity
€4.7m
▲ 41.8%
2025
highest quarter of the sector
20182025
Total assets
€5.0m
▲ 38.2%
2025
highest quarter of the sector
20182025
Debt
€298,377
▲ 0.9%
2025
20182025
Working capital
€3.9m
▲ 123%
2025
highest quarter of the sector
20182025
Solvency
93.9%
▲ 2.3pp
2025
highest quarter of the sector
20182025
Current ratio
14.64
▲ 5.92
2025
highest quarter of the sector
20182025
Return on assets (ROA)
30.2%
▲ 1.5pp
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.1m-€0.2m▲ 70.1%€0.2m▲ 14.2%€0.5m▲ 111%€1.5m▲ 187%€0.8m▼ 44.6%€1.5m▲ 74.1%€0.6m▼ 58.1%
Net result€0.07m-€0.1m▲ 84.2%€0.1mabove the sector's middle half▲ 2.2%€0.3mabove the sector's middle half▲ 156%€1.0mabove the sector's middle half▲ 206%€0.6mabove the sector's middle half▼ 45.4%€1.0mabove the sector's middle half▲ 86.1%€1.5mabove the sector's middle half▲ 45.4%
Equity€0.2m-€0.4m▲ 55.3%€0.5mwithin the sector's middle half▲ 36.4%€0.8mabove the sector's middle half▲ 68.3%€1.8mabove the sector's middle half▲ 117%€2.4mabove the sector's middle half▲ 31.2%€3.3mabove the sector's middle half▲ 41.2%€4.7mabove the sector's middle half▲ 41.8%
Total assets€1.6m-€1.6m▼ 4.1%€1.6mabove the sector's middle half▲ 5.7%€1.8mabove the sector's middle half▲ 9.9%€2.7mabove the sector's middle half▲ 51.9%€3.1mabove the sector's middle half▲ 12.1%€3.6mabove the sector's middle half▲ 17.7%€5.0mabove the sector's middle half▲ 38.2%
Debt€1.4m-€1.2m▼ 13.9%€1.2m▼ 3.5%€1.0m▼ 14.8%€1.0m▼ 3.0%€0.7m▼ 23.8%€0.3m▼ 59.5%€0.3m▲ 0.9%
Working capital-€0.5m--€0.5m▼ 0.3%-€0.4mbelow the sector's middle half▲ 14.8%-€0.3mbelow the sector's middle half▲ 13.1%€0.4mabove the sector's middle half€0.8mabove the sector's middle half▲ 106%€1.7mabove the sector's middle half▲ 127%€3.9mabove the sector's middle half▲ 123%
Solvency14.2%-23.0%▲ 8.8pp29.7%within the sector's middle half▲ 6.7pp45.5%within the sector's middle half▲ 15.8pp65.2%within the sector's middle half▲ 19.7pp76.3%above the sector's middle half▲ 11.1pp91.5%above the sector's middle half▲ 15.2pp93.9%above the sector's middle half▲ 2.3pp
Current ratio0.08-0.02▼ 0.060.24below the sector's middle half▲ 0.220.25below the sector's middle half▲ 0.011.52within the sector's middle half▲ 1.272.29within the sector's middle half▲ 0.778.72above the sector's middle half▲ 6.4314.64above the sector's middle half▲ 5.92
Return on assets (ROA)4.3%-8.2%▲ 3.9pp7.9%within the sector's middle half▼ 0.3pp18.5%within the sector's middle half▲ 10.6pp37.2%above the sector's middle half▲ 18.8pp18.2%above the sector's middle half▼ 19.1pp28.7%above the sector's middle half▲ 10.5pp30.2%above the sector's middle half▲ 1.5pp
above
within
below
The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 58% lower than in 2024.
Large changes and their cause
- 2021 Net result +156% on 2020. The accounts now follow the micro format, last year the abbreviated format.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.0m
Fixed assets
€878,097 ▼ 47.5%
Current assets
€4.1m ▲ 112%
Equity and liabilities €5.0m
Equity
€4.7m ▲ 41.8%
Provisions
€9,317 ▼ 19.3%
Debt
€298,377 ▲ 0.9%
Debt's share of the balance-sheet total falls from 8.1% to 5.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€704,677▼
2024 · €1.5m
Cash flow
€1.6m▲
2024 · €1.1m
Debt to equity
0.06▼
2024 · 0.09
ROE
32.2%▲
2024 · 31.4%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€282,580▲
2024 · €224,242
Debt > 1 year
€15,797▼
2024 · €71,429
Income taxes
€244,808▼
2024 · €452,200
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €307,729 | €138,523 | €71,429 |
| Mortgages, amount registered | €1.5m | €1.2m | €1.3m | €60,000 | €60,000 |
| Mortgage mandates | - | - | - | €432,000 | €432,000 |
| Carrying value of the mortgaged assets | €994,957 | €967,072 | €1.0m | €572,405 | €549,751 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €227,339 | €198,196 | €162,391 | €198,804 | - |
| Depreciation and write-downs of the year | €54,928 | €34,292 | €51,154 | €64,001 | €95,082 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.003m | - | €0.03m | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.04m | €0.04m | €0.03m | €0.05m | €0.03m | €0.05m | €0.06m | €0.1m | ▲ 48.6% |
| Other operating charges640/8 | - | - | - | €0.01m | €0.005m | €0.009m | €0.005m | €0.008m | ▲ 57.8% |
| Non-recurring operating charges66A | - | - | - | - | €0.003m | €0.003m | - | - | - |
| Gross operating margin9900 | €0.2m | €0.3m | €0.3m | €0.6m | €1.6m | €0.9m | €1.5m | €0.7m | ▼ 53.3% |
| Operating profit (loss)9901 | €0.1m | €0.2m | €0.2m | €0.5m | €1.5m | €0.8m | €1.5m | €0.6m | ▼ 58.1% |
| Financial income75/76B | - | - | - | €23 | €0.005m | €0.009m | €0.06m | €1.2m | ▲ 19× |
| Recurring financial income75 | - | €0 | - | €23 | €0.005m | €0.009m | €0.003m | €1.2m | ▲ 402× |
| Non-recurring financial income76B | - | - | - | - | - | - | €0.06m | - | - |
| Financial charges65/66B | - | - | - | €0.02m | €0.009m | €0.009m | €0.01m | €0.004m | ▼ 68.5% |
| Recurring financial charges65 | €0.02m | €0.01m | €0.01m | €0.02m | €0.009m | €0.009m | €0.01m | €0.004m | ▼ 68.5% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.2m | €0.2m | €0.5m | €1.5m | €0.8m | €1.5m | €1.8m | ▲ 16.7% |
| Transfer from deferred taxes780 | - | - | - | - | - | - | €0.001m | €0.002m | ▲ 125% |
| Transfer to deferred taxes680 | - | - | - | - | - | - | €0.01m | - | - |
| Income taxes67/77 | €0.04m | €0.08m | €0.1m | €0.2m | €0.5m | €0.3m | €0.5m | €0.2m | ▼ 45.9% |
| Profit (loss) for the period9904 | €0.07m | €0.1m | €0.1m | €0.3m | €1.0m | €0.6m | €1.0m | €1.5m | ▲ 45.4% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | €0.003m | €0.007m | ▲ 125% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €1.0m | €0.4m | ▼ 59.4% |
| Profit (loss) for the period to be appropriated9905 | €0.07m | €0.1m | €0.1m | €0.3m | €1.0m | €0.6m | €0.007m | €1.1m | ▲ 158× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.6m | €1.6m | €1.8m | €2.7m | €3.1m | €3.6m | €5.0m | ▲ 38.2% |
| Fixed assets21/28 | €1.6m | €1.5m | €1.5m | €1.7m | €1.7m | €1.7m | €1.7m | €0.9m | ▼ 47.5% |
| Tangible fixed assets22/27 | €0.9m | €0.8m | €0.8m | €1.0m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 9.8% |
| Land and buildings22 | - | - | - | €1.0m | €0.9m | €0.8m | €0.6m | €0.6m | ▼ 4.9% |
| Plant, machinery and equipment23 | - | - | - | - | - | €0.02m | €0.02m | €0.02m | ▼ 11.6% |
| Furniture and vehicles24 | - | - | - | €0.004m | €0.07m | €0.1m | €0.3m | €0.2m | ▼ 21.1% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Financial fixed assets28 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | - | - |
| Current assets29/58 | €0.04m | €0.01m | €0.1m | €0.1m | €1.1m | €1.4m | €2.0m | €4.1m | ▲ 112% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.5m | €0.5m | - | - | - |
| Other amounts receivable291 | - | - | - | - | €0.5m | €0.5m | - | - | - |
| Amounts receivable within one year40/41 | €0.008m | €0.01m | €0.1m | €0.09m | €0.6m | €0.8m | €1.7m | €3.5m | ▲ 106% |
| Trade receivables40 | - | - | - | €0.04m | €0.001m | €0.04m | €0.003m | €261 | ▼ 92.4% |
| Other amounts receivable41 | - | - | - | €0.05m | €0.6m | €0.7m | €1.7m | €3.5m | ▲ 106% |
| Current investments50/53 | - | - | €10 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.03m | €0.001m | €0.005m | €0.02m | €0.02m | €0.08m | €0.1m | €0.4m | ▲ 247% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.006m | €0.01m | €0.1m | €0.2m | ▲ 72.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.6m | €1.8m | €2.7m | €3.1m | €3.6m | €5.0m | ▲ 38.2% |
| Equity10/15 | €0.2m | €0.4m | €0.5m | €0.8m | €1.8m | €2.4m | €3.3m | €4.7m | ▲ 41.8% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.3m | €0.5m | €0.8m | €1.8m | €2.3m | €3.3m | €4.7m | ▲ 42.0% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.001m | €0.001m | €0.001m | €1.0m | €1.5m | ▲ 40.0% |
| Distributable reserves133 | - | - | - | €0.8m | €1.8m | €2.3m | €2.3m | €3.2m | ▲ 42.9% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | €0.01m | €0.009m | ▼ 19.3% |
| Deferred taxes168 | - | - | - | - | - | - | €0.01m | €0.009m | ▼ 19.3% |
| Amounts payable17/49 | €1.4m | €1.2m | €1.2m | €1.0m | €1.0m | €0.7m | €0.3m | €0.3m | ▲ 0.9% |
| Amounts payable after more than one year17 | €0.9m | €0.7m | €0.6m | €0.5m | €0.2m | €0.1m | €0.07m | €0.02m | ▼ 77.9% |
| Financial debts170/4 | - | - | - | €0.5m | €0.2m | €0.1m | €0.07m | €0.02m | ▼ 77.9% |
| Amounts payable within one year42/48 | €0.5m | €0.5m | €0.5m | €0.5m | €0.7m | €0.6m | €0.2m | €0.3m | ▲ 26.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.2m | €0.07m | €0.06m | ▼ 17.1% |
| Trade debts44 | €0.02m | €0.03m | €0.001m | €0.008m | €0.01m | €0.006m | €0.001m | €0.007m | ▲ 377% |
| Suppliers440/4 | - | - | - | €0.008m | €0.01m | €0.006m | €0.001m | €0.007m | ▲ 377% |
| Advances received on contracts in progress46 | - | - | - | €0.03m | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.5m | €0.4m | €0.1m | €0.2m | ▲ 43.0% |
| Taxes450/3 | - | - | - | €0.2m | €0.5m | €0.4m | €0.1m | €0.2m | ▲ 43.0% |
| Other amounts payable47/48 | - | - | - | €0.07m | €0.003m | €0.009m | €0.006m | €0.007m | ▲ 5.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.07m | €0.1m | €0.1m | €0.3m | €1.0m | €0.6m | €1.0m | €1.5m | ▲ 45.4% |
| + Depreciation and write-downs630 | €0.04m | €0.04m | €0.03m | €0.05m | €0.03m | €0.05m | €0.06m | €0.1m | ▲ 48.6% |
| Operating cash flow (approximation) | €0.1m | €0.2m | €0.2m | €0.4m | €1.1m | €0.6m | €1.1m | €1.6m | ▲ 45.6% |
| Investment in fixed assets (approximation) | - | €0 | -€0.01m | -€0.2m | -€0.006m | -€0.1m | -€0.008m | €0.7m | - |
| Change in cash | - | -€0.03m | €0.004m | €0.01m | €0.003m | €0.06m | €0.03m | €0.3m | ▲ 709% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as Macides has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.0%
was still going
4.7%
stopped otherwise
0.2%
went bankrupt
That fits the bankruptcy probability of Macides itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 20,136 companies, not a prediction for Macides. 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.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 19-08-2026 | 2026-00406849 | |
| 31-12-2024 | abbreviated format | 30-07-2025 | 2025-00361702 | |
| 31-12-2023 | abbreviated format | 30-07-2024 | 2024-00303102 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00315535 | |
| 31-12-2021 | micro format | 01-06-2022 | 2022-20046920 | |
| 31-12-2020 | abbreviated format | 26-07-2021 | 2021-40800186 | |
| 31-12-2019 | abbreviated format | 24-06-2020 | 2020-22400270 | |
| 31-12-2018 | micro format | 01-07-2019 | 2019-27100177 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-41900211 | |
| 31-12-2016 | micro format | 31-07-2017 | 2017-40000588 |
Board & ownership
Directors
Directors
1 director, last change in 2023
Desmet Hans
Current
Director (not named in the articles) · since 30-12-2002 · earlier manager, until 17-07-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 19-08-2026
Owners and capital
Capital transactions
Capital over time
- 17-07-2023 Converted to unavailable equity · €20,460
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Desmet Hans |
|
Articles of association
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Beraadslaagt zoals inzake statutenwijziging, besluit van de algemene vergadering”
Articles of association, deed of 17-07-2023 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2024Equity €12.9m Loss of €108,010 in 2025 (profit of €1.9m in 2024) Checked score 9125.88%
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of Macides. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
19-08
abbreviated format · 19 days late
2025
31-12
Financial
Highest result from 2018 to 2025net €1.5m ▲45.4%
The net result of €1.5m is the highest of those years.
30-07
abbreviated format · 1 day before the deadline
2024
31-12
Financial
Liquidity more than triplescurrent ratio 8.72
The current ratio rises from 2.29 to 8.72. Short-term debt falls from €590,288 to €224,242.
30-07
abbreviated format · 1 day before the deadline
2023
31-12
Financial
Equity above €2mequity €2.4m ▲31.2%
With a profit in every financial year since 2018, equity grows to €2.4m.
02-10
Gazette deed
Company renamed from MACEDES to MacidesPower of attorney4 points ▸
Gazette deed
Company renamed from MACEDES to Macides
Power of attorney4 points ▸
- General meeting, 08-09-2023
- Name change, Macides
- Power of attorney, Eva Lauwers
- Power of attorney
31-07
micro format · on the deadline day
17-07
Gazette deed
Company renamed from MANAGEMENT & ADVIES to MacedesChange of role: Desmet Hans, from manager to director · Capital conversion · Reserve release14 points ▸
Gazette deed
Company renamed from MANAGEMENT & ADVIES to Macedes
Change of role: Desmet Hans, from manager to director · Capital conversion · Reserve release14 points ▸
- General meeting, 13-06-2023
- Other provision, “onderwerping aan Wetboek van vennootschappen en verenigingen en behoud rechtsvorm, Eerste beslissing” (deed in Dutch)
- Name change, Macedes
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “overeenkomstig vormen en meerderheden van statutenwijziging, aangelegde statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Share issue, 100, “ieder aandeel geeft een gelijk recht in de winstverdeling en in het vereffeningsaldo” (deed in Dutch)
- Other provision, “statutair onbeschikbare eigen vermogensrekening, naar aanleiding van de omvorming naar een besloten vennootschap werd de inbreng geboekt op een beschikbare eige…” (deed in Dutch)
- Power of attorney, Eva Lauwers
- Director resignation, Desmet Hans (manager)
- Director appointment, Desmet Hans (director (not named in the articles))
- Director discharge, Desmet Hans
- The act holds 2 more points.
2022
31-12
Financial
Liquidity times 6current ratio 1.52
The current ratio rises from 0.25 to 1.52.
31-12
Financial
Equity above €1mequity €1.8m ▲117%
With a profit in every financial year since 2018, equity grows to €1.8m.
28-09
Gazette deed
Registered office moved from Hasselt to Diepenbeek1 point ▸
Gazette deed
Registered office moved from Hasselt to Diepenbeek
1 point ▸
- Registered-office move, 3590 Diepenbeek,Laag Keizel 2А
Show earlier events
01-06
micro format · 60 days before the deadline
2021
31-12
Financial
Equity above €500,000equity €824,412 ▲68.3%
With a profit in every financial year since 2018, equity grows to €824,412.
26-07
abbreviated format · 5 days before the deadline
2020
24-06
abbreviated format · 37 days before the deadline
2019
01-07
micro format · 30 days before the deadline
2018
31-07
micro format · on the deadline day
2017
31-07
micro format · on the deadline day
2003
24-01
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Macides in Dutch
Former names
MACEDES until the act of 02-10-2023
MANAGEMENT & ADVIES until the act of 17-07-2023
Enterprise number
0479.338.960
Legal form
Private limited company
Status
Active, normale toestand
Founded
16-01-2003
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-07-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 17-07-2023 (in Dutch)Registered office and establishments
Registered office
Laag Keizel 2, 3590 Diepenbeek, Belgium
1 former office
- Kattendansstraat 82, 3500 Hasselt until 26-09-2022 · act of 28-09-2022
Establishment unit
Laag Keizel 2, 3590 Diepenbeek since 04-03-2003 · unit number 2.123.252.5967020001 Business and other management consultancy
Activities
NACEBEL 202573300
Public relations and communication consultancy main activity
68201
Renting and operating of own or leased residential real estate, excluding social housing
70200
Business and other management consultancy
Codes under NACEBEL 2008
70210
Activities of head offices; management consultancy activities main activity
68201
Real estate activities
70220
Business consulting
Codes under NACEBEL 2003
74141
main activity
74142
Invoicing and payment
VAT number
BE 0479.338.960
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
8,822 m²
Building footprint
315 m²
Building volume
1,595 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71403G0096/00A002 | Flanders | 8,822 m² | 1 · 315 m² | 17.8 m · 1 |