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MACOPEX

Active
Public limited companyfounded 198640 years activeKantersteen 47, 1000 Brussel, BelgiumKBO/BCE: BE 0428.581.731
Summary

MACOPEX has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €362,668 and a net result of €39,270. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 55% of 22,078 sector peers (NACE 47, fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
1 site
Size
€916,997total assets 2025
Equity
€362,668
Profit
€39,270
Turnover not published (abridged schema)
Financial health
56 Fair Checked score 2025
Bankruptcy probability, 12 months
0.4%
Structure
Holdings
2
Accounts 37 days overdue0 of 4 deeds read
Why 56Capped at 59: a confirmed filing finding- 1 financial year not filed after the legal deadline; latest accounts 114 days late; 3 of the last 3 late- Figures for FY 2025 (filed 23-12-2025)+ Founded in 1986+ Liquidity: current ratio 2.56, cash €140,277Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 63% of its sector peers (NACE 47, micro)
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 65-8
equity 39.5% of total assets
Liquidity 69+16
short-term debt 9.9% · cash 15.3%
Profitability 74+55
return on assets 4.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,155 companies)
Last 24 months 11-2024: 2.7% 12-2024: 2.9%▲ +0.2 percentage points vs 11-2024 01-2025: 3.3%▲ +0.4 percentage points vs 12-2024 02-2025: 6.0%▲ +2.7 percentage points vs 01-2025 03-2025: 6.0%● unchanged vs 02-2025 04-2025: 6.1%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 5.5%▼ -0.6 percentage points vs 04-2025 06-2025: 5.5%● unchanged vs 05-2025 07-2025: 5.5%● unchanged vs 06-2025 08-2025: 5.5%● unchanged vs 07-2025 09-2025: 4.3%▼ -1.2 percentage points vs 08-2025 10-2025: 4.3%● unchanged vs 09-2025 11-2025: 4.3%● unchanged vs 10-2025 12-2025: 4.7%▲ +0.4 percentage points vs 11-2025 01-2026: 0.2%▼ -4.5 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.2 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit up to €20,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.56 against 6.07 in 2023; short-term debt: 9.9% and cash: 15.3% of total assets), but 60.5% of the assets are financed with debt.
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 47, micro): better than 55% on solvency, 75% on liquidity and 59% on profitability.

The bankruptcy probability was computed on 06-10-2026 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 risk+raises risk
lowers risk · Founded in 1986
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 114 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for FY 2025 (filed 23-12-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.56, cash €140,277
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 23-12-2025, 114 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2026
not confirmed
2025
114 days late
2023
61 days late
2022
61 days late
2021
71 days late
2020
92 days late
2019
52 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 75 days after the deadline; the sector median for financial year 2023 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €39,270
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Among the best 8% on equitysector median €41,504 · 22,118 companies €362,668 View
  • Caution: Accounts not fileddeadline was 31-08-2026 37 days late View
  • Active since 1986founded 27-02-1986 40 years View

By topic

Financials

Fiscal year
2025
Total assets
€916,997
Profit
€39,270
Solvency
39.5%
Total assets▲ 1.4%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2015
  1. 31-01-2023Weakest financial year
  2. 31-10-2022Annual accounts filed
  3. 31-01-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
27-02-1986
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

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