MACOVA
ActiveSummary
MACOVA has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €324,557 and a net result of €21,095. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 33% of 11,772 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-06-1992 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 4 others
- Joint committee
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 2025
- Establishment unit
- 2.058.775.213 2235 Hulshout, since 11-09-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 29-07-2025
Board and ownership
Board
- Jacobs JorisDirector · since 01-10-2020
- Jacobs Maarten FriedeDirector · since 01-10-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €194,570
- ▲ 3.5%
- Turnover
- ≈ €390,000
- estimated
- Profit
- €21,095
- ▼ 56.3%
- Equity
- €324,557
- ▼ 3.8%
- Total assets
- €936,184
- ▲ 29.1%
- Employees on 31-12-2025
- 1
- ▼ 50.0%
Score breakdownlowers riskSize: total assets €936,184Figures for financial year 2025 (filed on 04-06-2026)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Founded in 1992Show the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 37% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency
60-12
equity 34.7% of total assets
Liquidity
61-9
short-term debt 7.3% · cash 8.7%
Profitability
72-5
return on assets 2.3%
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%● unchanged 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: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged 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 12-2025lowest value
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%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026highest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.68 (5.28 in 2024), above the usual 1.5. Short-term debt is 7.3% and cash 8.7% of total assets. However, 65.3% 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 71, micro). It does better than 34% of them on solvency, 48% on liquidity, 34% on profitability and 33% 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskneutral
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 days early
2024
64 days early
2023
28 days early
2022
73 days early
2021
59 days early
2020
86 days early
2019
72 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 63 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 2 June (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, micro format
Annual accounts 2025 filed on 03-06-2026 PDF all 34 filings
Turnover
≈ €390,000
Estimated: probably between €300,000 and €500,000
Total assets
€936,184▲ 29.1%
2024 · €725,348
Net result
€21,095▼ 56.3%
2024 · €48,274
Working capital
€183,253▼ 25.9%
2024 · €247,302
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€45,688
▼ 42.0%
2025
20182025
Net result
€21,095
▼ 56.3%
2025
middle half of the sector
20182025
Equity
€324,557
▼ 3.8%
2025
highest quarter of the sector
20182025
Total assets
€936,184
▲ 29.1%
2025
highest quarter of the sector
20182025
Debt
€611,627
▲ 57.7%
2025
20182025
Working capital
€183,253
▼ 25.9%
2025
highest quarter of the sector
20182025
Solvency
34.7%
▼ 11.9pp
2025
middle half of the sector
20182025
Current ratio
3.68
▼ 1.61
2025
middle half of the sector
20182025
Return on assets (ROA)
2.3%
▼ 4.4pp
2025
middle half of the sector
20182025
Staff (FTE)
1.8
▲ 50.0%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€29,298-€42,343▲ 44.5%€51,842▲ 22.4%€23,992▼ 53.7%€29,318▲ 22.2%€64,528▲ 120%€78,774▲ 22.1%€45,688▼ 42.0%
Net result€23,450-€29,551▲ 26.0%€40,686above the sector's middle half▲ 37.7%€14,729within the sector's middle half▼ 63.8%€16,815within the sector's middle half▲ 14.2%€39,029within the sector's middle half▲ 132%€48,274above the sector's middle half▲ 23.7%€21,095within the sector's middle half▼ 56.3%
Equity€148,378-€177,929▲ 19.9%€218,615above the sector's middle half▲ 22.9%€233,344above the sector's middle half▲ 6.7%€250,159above the sector's middle half▲ 7.2%€289,188above the sector's middle half▲ 15.6%€337,462above the sector's middle half▲ 16.7%€324,557above the sector's middle half▼ 3.8%
Total assets€378,500-€453,390▲ 19.8%€616,330above the sector's middle half▲ 35.9%€671,573above the sector's middle half▲ 9.0%€660,352above the sector's middle half▼ 1.7%€708,551above the sector's middle half▲ 7.3%€725,348above the sector's middle half▲ 2.4%€936,184above the sector's middle half▲ 29.1%
Debt€230,122-€275,461▲ 19.7%€397,716▲ 44.4%€438,229▲ 10.2%€410,193▼ 6.4%€419,363▲ 2.2%€387,886▼ 7.5%€611,627▲ 57.7%
Working capital€80,542-€73,128▼ 9.2%€30,543within the sector's middle half▼ 58.2%€130,949above the sector's middle half▲ 329%€159,743above the sector's middle half▲ 22.0%€186,468above the sector's middle half▲ 16.7%€247,302above the sector's middle half▲ 32.6%€183,253above the sector's middle half▼ 25.9%
Solvency39.2%-39.2%=35.5%within the sector's middle half▼ 3.8pp34.7%within the sector's middle half▼ 0.7pp37.9%within the sector's middle half▲ 3.1pp40.8%within the sector's middle half▲ 2.9pp46.5%within the sector's middle half▲ 5.7pp34.7%within the sector's middle half▼ 11.9pp
Current ratio2.32-1.65▼ 0.671.14within the sector's middle half▼ 0.513.45within the sector's middle half▲ 2.313.96within the sector's middle half▲ 0.514.28above the sector's middle half▲ 0.315.28above the sector's middle half▲ 1.003.68within the sector's middle half▼ 1.61
Return on assets (ROA)6.2%-6.5%▲ 0.3pp6.6%within the sector's middle half▲ 0.1pp2.2%within the sector's middle half▼ 4.4pp2.5%within the sector's middle half▲ 0.4pp5.5%within the sector's middle half▲ 3.0pp6.7%within the sector's middle half▲ 1.1pp2.3%within the sector's middle half▼ 4.4pp
Staff (FTE)0.50.7below the sector's middle half▲ 40.0%1▲ 42.9%1.2▲ 20.0%1▼ 16.7%1.2▲ 20.0%1.8▲ 50.0%
above
within
below
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). 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 42% lower than in 2024.
Turnover and EBIT margin are not published. The 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 €936,184
Fixed assets
€684,446 ▲ 62.9%
Current assets
€251,738 ▼ 17.5%
Equity and liabilities €936,184
Equity
€324,557 ▼ 3.8%
Debt
€611,627 ▲ 57.7%
Debt's share of the balance-sheet total rises from 53.5% to 65.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€100,803▼
2024 · €125,023
Cash flow
€76,210▼
2024 · €94,522
Debt to equity
1.88▲
2024 · 1.15
ROE
6.5%▼
2024 · 14.3%
Interest coverage
6.32▼
2024 · 9.66
Debt ≤ 1 year
€68,486▲
2024 · €57,762
Debt > 1 year
€543,142▲
2024 · €330,124
Income taxes
€9,105▼
2024 · €19,509
Staff costs
€91,256▲
2024 · €61,252
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 2 | 1 |
| full-time | - | - | - | 1 | - |
| part-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 0.6 | 0.6 | 0.6 | 1.6 | 0.6 |
| Average over the year, in full-time equivalents | 0.6 | 0.7 | 0.9 | 0.9 | 1.3 |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
| Joined | 5 | 12 | 11 | - | 2 |
| Left | 5 | 12 | 11 | - | 3 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €166,598 | €6,785 | €68,412 | €1,392 | €319,278 |
| Depreciation and write-downs of the year | €48,520 | €47,274 | €49,939 | €46,249 | €55,115 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €413 awarded · €413 paidAnnual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €43,868 | €46,033 | €50,399 | €61,252 | €91,256 | ▲ 49.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,966 | €41,702 | €37,828 | €48,520 | €47,274 | €49,939 | €46,249 | €55,115 | ▲ 19.2% |
| Other operating charges640/8 | - | - | - | €1,869 | €1,864 | €1,990 | €1,678 | €2,512 | ▲ 49.7% |
| Gross operating margin9900 | €59,973 | €120,350 | €132,913 | €118,249 | €124,489 | €166,855 | €187,953 | €194,570 | ▲ 3.5% |
| Operating profit (loss)9901 | €29,298 | €42,343 | €51,842 | €23,992 | €29,318 | €64,528 | €78,774 | €45,688 | ▼ 42.0% |
| Financial income75/76B | - | - | - | €642 | €0 | €4 | €1,950 | €1,022 | ▼ 47.6% |
| Recurring financial income75 | €2,876 | €2,899 | €4,723 | €642 | €0 | €4 | €1,950 | €1,022 | ▼ 47.6% |
| Financial charges65/66B | - | - | - | €8,407 | €10,065 | €11,049 | €12,942 | €16,509 | ▲ 27.6% |
| Recurring financial charges65 | €5,136 | €6,061 | €7,207 | €8,407 | €10,065 | €11,049 | €12,942 | €15,940 | ▲ 23.2% |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | €569 | - |
| Profit (loss) for the period before taxes9903 | €30,232 | €38,662 | €49,358 | €16,227 | €19,253 | €53,483 | €67,783 | €30,200 | ▼ 55.4% |
| Income taxes67/77 | €6,781 | €9,111 | €8,672 | €1,497 | €2,438 | €14,454 | €19,509 | €9,105 | ▼ 53.3% |
| Profit (loss) for the period9904 | €23,450 | €29,551 | €40,686 | €14,729 | €16,815 | €39,029 | €48,274 | €21,095 | ▼ 56.3% |
| Profit (loss) for the period to be appropriated9905 | €23,450 | €29,551 | €46,330 | €14,729 | €16,815 | €39,029 | €48,274 | €21,095 | ▼ 56.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €378,500 | €453,390 | €616,330 | €671,573 | €660,352 | €708,551 | €725,348 | €936,184 | ▲ 29.1% |
| Fixed assets21/28 | €236,907 | €267,820 | €369,141 | €487,219 | €446,730 | €465,203 | €420,283 | €684,446 | ▲ 62.9% |
| Tangible fixed assets22/27 | €236,887 | €267,790 | €369,077 | €487,155 | €446,666 | €465,140 | €420,283 | €684,446 | ▲ 62.9% |
| Land and buildings22 | - | - | - | €439,807 | €417,894 | €402,671 | €372,787 | €651,945 | ▲ 74.9% |
| Plant, machinery and equipment23 | - | - | - | €9,362 | €5,396 | €1,783 | €605 | - | - |
| Furniture and vehicles24 | - | - | - | €37,986 | €23,376 | €19,447 | €14,337 | €8,633 | ▼ 39.8% |
| Leasing and similar rights25 | - | - | - | - | - | €41,239 | €32,553 | €23,868 | ▼ 26.7% |
| Financial fixed assets28 | €20 | €30 | €64 | €64 | €64 | €64 | - | - | - |
| Current assets29/58 | €141,592 | €185,570 | €247,189 | €184,354 | €213,622 | €243,348 | €305,064 | €251,738 | ▼ 17.5% |
| Stocks and contracts in progress3 | €34,525 | €36,808 | €40,367 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €52,955 | €80,363 | €129,643 | €118,457 | €129,272 | €126,788 | €167,059 | €147,381 | ▼ 11.8% |
| Trade receivables40 | - | - | - | €97,955 | €107,554 | €96,006 | €125,976 | €30,123 | ▼ 76.1% |
| Other amounts receivable41 | - | - | - | €20,503 | €21,718 | €30,782 | €41,083 | €117,258 | ▲ 185% |
| Current investments50/53 | - | - | - | - | - | €30,000 | €19,851 | €19,851 | = |
| Cash at bank and in hand54/58 | €53,082 | €67,047 | €76,035 | €65,534 | €83,205 | €85,642 | €116,305 | €81,819 | ▼ 29.7% |
| Deferred charges and accrued income490/1 | - | - | - | €363 | €1,146 | €918 | €1,850 | €2,688 | ▲ 45.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €378,500 | €453,390 | €616,330 | €671,573 | €660,352 | €708,551 | €725,348 | €936,184 | ▲ 29.1% |
| Equity10/15 | €148,378 | €177,929 | €218,615 | €233,344 | €250,159 | €289,188 | €337,462 | €324,557 | ▼ 3.8% |
| Contributions10/11 | €63,600 | €63,600 | - | €63,600 | €63,600 | €63,600 | €63,600 | €63,600 | = |
| Reserves13 | €84,778 | €114,329 | €155,015 | €169,744 | €186,559 | €225,588 | €273,862 | €260,957 | ▼ 4.7% |
| Tax-exempt reserves132 | - | - | - | €14,000 | €14,000 | €14,000 | €14,000 | €14,000 | = |
| Distributable reserves133 | - | - | - | €155,744 | €172,559 | €211,588 | €259,862 | €246,957 | ▼ 5.0% |
| Amounts payable17/49 | €230,122 | €275,461 | €397,716 | €438,229 | €410,193 | €419,363 | €387,886 | €611,627 | ▲ 57.7% |
| Amounts payable after more than one year17 | €169,071 | €163,019 | €181,069 | €384,824 | €356,315 | €362,483 | €330,124 | €543,142 | ▲ 64.5% |
| Financial debts170/4 | - | - | - | €384,824 | €356,315 | €362,483 | €330,124 | €543,142 | ▲ 64.5% |
| Amounts payable within one year42/48 | €61,050 | €112,442 | €216,646 | €53,406 | €53,878 | €56,880 | €57,762 | €68,486 | ▲ 18.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €33,226 | €28,515 | €36,896 | €33,935 | €41,782 | ▲ 23.1% |
| Trade debts44 | €35,264 | €83,818 | €182,153 | €5,081 | €7,498 | €6,055 | €10,111 | €7,209 | ▼ 28.7% |
| Suppliers440/4 | - | - | - | €5,081 | €7,498 | €6,055 | €10,111 | €7,209 | ▼ 28.7% |
| Taxes, remuneration and social security45 | - | - | - | €15,092 | €11,977 | €6,858 | €13,716 | €19,495 | ▲ 42.1% |
| Taxes450/3 | - | - | - | €11,034 | €4,863 | - | €5,605 | €6,581 | ▲ 17.4% |
| Remuneration and social security454/9 | - | - | - | €4,058 | €7,115 | €6,858 | €8,111 | €12,914 | ▲ 59.2% |
| Other amounts payable47/48 | - | - | - | €6 | €5,888 | €7,071 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,450 | €29,551 | €40,686 | €14,729 | €16,815 | €39,029 | €48,274 | €21,095 | ▼ 56.3% |
| + Depreciation and write-downs630 | €28,966 | €41,702 | €37,828 | €48,520 | €47,274 | €49,939 | €46,249 | €55,115 | ▲ 19.2% |
| Operating cash flow (approximation) | €52,416 | €71,254 | €78,513 | €63,250 | €64,089 | €88,968 | €94,522 | €76,210 | ▼ 19.4% |
| Investment in fixed assets (approximation) | - | -€72,615 | -€139,149 | -€166,598 | -€6,785 | -€68,412 | -€1,328 | -€319,278 | ▼ 23,934% |
| Change in cash | - | €13,965 | €8,988 | -€10,501 | €17,671 | €2,437 | €30,663 | -€34,486 | - |
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, 17,041 companies had the same profile as MACOVA has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
94.3%
was still going
4.9%
stopped otherwise
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MACOVA 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 17,041 companies, not a prediction for MACOVA. 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 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-06-2026 | 2026-00136977 | |
| 31-12-2024 | micro format | 28-05-2025 | 2025-00116053 | |
| 31-12-2023 | micro format | 03-07-2024 | 2024-00213296 | |
| 31-12-2022 | micro format | 19-05-2023 | 2023-00096606 | |
| 31-12-2021 | micro format | 02-06-2022 | 2022-20059013 | |
| 31-12-2020 | micro format | 06-05-2021 | 2021-13700004 | |
| 31-12-2019 | micro format | 20-05-2020 | 2020-12800078 | |
| 31-12-2018 | micro format | 04-06-2019 | 2019-16200132 | |
| 31-12-2017 | micro format | 22-05-2018 | 2018-13500474 | |
| 31-12-2016 | micro format | 24-05-2017 | 2017-13400421 |
Board & ownership
Directors
Directors
2 directors
Jacobs Joris
Current
Jacobs Maarten Friede
Current
Owners and capital
Owners
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| Jacobs Joris |
|
| Jacobs Maarten Friede |
|
Network & group
MACOVA shares no director with another company.
Companies at the same address
2 other companiesConnections & network
2 current directorsThe network starts from the directors of MACOVA. Every other company they run is a node.
This company
Company
Director
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
03-06
micro format · 58 days before the deadline
2025
28-05
micro format · 64 days before the deadline
2024
31-12
Financial
Highest result from 2018 to 2025net €48,274 ▲23.7%
The operating result of €78,774 and the net result of €48,274 are both a record.
03-07
micro format · 28 days before the deadline
2023
19-05
micro format · 73 days before the deadline
2022
02-06
micro format · 59 days before the deadline
2021
31-12
Financial
Weakest financial yearnet €14,729 ▼63.8%
The net result drops to €14,729, the lowest from 2018 to 2025. It recovers the following year.
31-12
Financial
Liquidity triplescurrent ratio 3.45
The current ratio rises from 1.14 to 3.45. Short-term debt falls from €216,646 to €53,406.
06-05
micro format · 86 days before the deadline
2020
31-12
Financial
Equity above €200,000equity €218,615 ▲22.9%
With a profit in every financial year since 2018, equity grows to €218,615.
20-05
micro format · 72 days before the deadline
2019
31-12
Financial
Equity above €150,000equity €177,929 ▲19.9%
With a profit in every financial year since 2018, equity grows to €177,929.
Show earlier events
04-06
micro format · 57 days before the deadline
2018
22-05
micro format · 70 days before the deadline
2017
24-05
micro format · 68 days before the deadline
1992
16-07
Gazette deed
Incorporation
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
MACOVA in Dutch
Enterprise number
0447.720.623
Legal form
Private limited company
Status
Active, normale toestand
Founded
23-06-1992
Entity type
Legal entity
Registered office and establishments
Registered office
Booischotseweg 105, 2235 Hulshout, Belgium
Establishment unit
MACOVA, Booischotseweg 105, 2235 Hulshout since 11-09-1992 · unit number 2.058.775.21343211 General electrical installation work
Activities
NACEBEL 2025VAT activities
71121
Engineering and related technical consultancy, excluding land surveyors main activity
47540
Retail sale of electrical household appliances
68203
Renting and operating of own or leased non-residential real estate, excluding land
70200
Business and other management consultancy
Social security (RSZ) activities
43211
General electrical installation work main activity
Codes under NACEBEL 2008
VAT activities
71121
Engineering activities main activity
47540
Retail trade
68203
Real estate rental
70220
Business consulting
Social security (RSZ) activities
43211
Specialised construction activities main activity
Codes under NACEBEL 2003
VAT activities
74203
main activity
52450
Social security (RSZ) activities
45310
main activity
Joint committee
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie annual accounts 2025
Invoicing and payment
VAT number
BE 0447.720.623
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0447.720.623
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
121 m²
Building footprint
120 m²
Building volume
689 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13016D0103/00P000 | Flanders | 121 m² | 1 · 120 m² | 9.7 m · 2 |