MACPASE SRL
ActiveThe computed 12-month bankruptcy probability of MACPASE SRL is 1.7% (moderate). The 2024 annual accounts show equity of €182k and a net result of €12k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 1774 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
94
/ 100
Excellent▲ +5 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33▼-8
Solvency100▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 12.0 against 3.02 in 2023), and 23.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-11-2025, 113 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 filingsDeviation from the deadline
2025
not confirmed
2024
113 d late
2023
135 d late
2022
109 d late
2021
144 d late
2020
121 d late
2019
140 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k▲ 1.9%
2023 · €12k
2018: €8k
2019: €6k
2020: €-16k
2021: €20k
2022: €8k
2023: €12k
2018 → 2024
Working capital
€175k▲ 16.1%
2023 · €151k
2018: €133k
2019: €127k
2020: €133k
2021: €168k
2022: €155k
2023: €151k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€83k-€125k▲ 50.4%€133k▲ 6.5%€145k▲ 8.9%€182k▲ 25.3%
Operating result€-22k-€41k€15k▼ 63.3%€-4k€18k
Net result€-16k-€20k€8k▼ 58.6%€12k▲ 47.2%€12k▲ 1.9%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €18k after a loss of €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €237k
Fixed assets
€46k▼ 23.7%
Current assets
€191k▼ 15.3%
Equity and liabilities €237k
Equity
€182k▲ 25.3%
Debt
€55k▼ 60.8%
The debt ratio falls from 49.2% to 23.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€36k▲
2023 · €13k
Cash flow
€30k▲
2023 · €29k
Solvency
76.8%▲
2023 · 50.8%
Current ratio
12.00▲
2023 · 3.02
Quick ratio
11.27▲
2023 · 2.87
Debt / equity
0.30▼
2023 · 0.97
ROE
6.7%▼
2023 · 8.2%
ROA
5.1%▲
2023 · 4.2%
Interest coverage
4.14▲
2023 · 1.74
Debt
€55k▼
2023 · €141k
Debt ≤ 1 year
€16k▼
2023 · €75k
Debt > 1 year
€36k▼
2023 · €62k
Income taxes
€5k▲
2023 · €3k
Staff costs
€138k▼
2023 · €143k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€286k€237k▼
Fixed assets21/28€60k€46k▼
Tangible fixed assets22/27€60k€46k▼
Plant, machinery and equipment23€9k€10k▲
Furniture and vehicles24€45k€32k▼
Other tangible fixed assets26€7k€4k▼
Current assets29/58€225k€191k▼
Stocks and contracts in progress3€11k€12k▲
Stocks30/36€11k€12k▲
Amounts receivable within one year40/41€190k€153k▼
Other amounts receivable41€190k€153k▼
Cash at bank and in hand54/58€19k€26k▲
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€286k€237k▼
Equity10/15€145k€182k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€22k€34k▲
Distributable reserves133€22k€34k▲
Profit (loss) carried forward14€27k€27k=
Investment grants15€78k€102k▲
Amounts payable17/49€141k€55k▼
Amounts payable after more than one year17€62k€36k▼
Financial debts170/4€62k€4k▼
Trade debts175-€32k
Amounts payable within one year42/48€75k€16k▼
Financial debts43€1k€2k▲
Credit institutions430/8-€995
Other loans439€1k€1k=
Trade debts44€14k€6k▼
Suppliers440/4€14k€6k▼
Taxes, remuneration and social security45€60k€8k▼
Taxes450/3€56k€5k▼
Remuneration and social security454/9€4k€4k▼
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20232024
Remuneration, social security and pensions62€143k€138k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€160k€179k▲
Operating profit (loss)9901€-4k€18k▲
Financial income75/76B€27k€8k▼
Recurring financial income75€27k€7▼
Non-recurring financial income76B€27k€8k▼
Financial charges65/66B€7k€9k▲
Recurring financial charges65€7k€9k▲
Profit (loss) for the period before taxes9903€15k€17k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€12k€12k▲
Profit (loss) for the period to be appropriated9905€12k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€27k=
Profit (loss) brought forward from the previous period14P€15k€14k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 113 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 12.00
Current ratio from 3.02 to 12.00; short-term debt falls from €75k to €16k.
31-12
Financial
Equity above €150kEq €182k ▲25.3%
4 profitable years in a row build equity to €182k.
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 135 days late
2023
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 109 days late
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 144 days late
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Equity above €100kEq €125k ▲50.4%
Equity rises from €83k to €125k.
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 121 days late
2020
31-12
Financial
Weakest financial yearnet €-16k ▼347%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 43current ratio 129.25
Current ratio from 2.98 to 129.25; short-term debt falls from €64k to €1k.
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 140 days late
2019
15-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 107 days late
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 134 days late
2017
13-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 74 days late
2016
11-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 72 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2023
This board is reconstructed from a single act (23475576). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
MALARME Sébastien
CurrentDirector · since 27-12-2023
MALARME Sébastien Michel Thérèse Ghislain
CurrentDirector · since 27-12-2023
PONDANT Pascal
CurrentDirector · since 27-12-2023
PONDANT Pascal Yvon Alain Ghislain
CurrentDirector · since 27-12-2023
PONDANT Thomas Michel Guy
CurrentDirector · since 27-12-2023
STAES Vanessa Francine Danièle
CurrentDirector · since 27-12-2023
27-12-2023
MALARME Sébastien: Appointed as Director
27-12-2023
MALARME Sébastien Michel Thérèse Ghislain: Appointed as Director
27-12-2023
PONDANT Pascal: Appointed as Director
27-12-2023
PONDANT Pascal Yvon Alain Ghislain: Appointed as Director
27-12-2023
PONDANT Thomas Michel Guy: Appointed as Director
27-12-2023
STAES Vanessa Francine Danièle: Appointed as Director
Location & real-estate footprint
Registered office, Bastogne · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place Mac-Auliffe 216600 BastogneGround area
158 m²
Building footprint
53 m²
Volume, LiDAR
701 m³
Parcel 82302B0247/00Z000, Wallonia · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Place Mac-Auliffe 21, 6600 Bastogne
since 20132.215.329.055
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82302B0247/00Z000 | Wallonia | 157 m² | 1 · 53 m² | 16.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
New Maximiliaan
BE 0892.430.979
Gent · Eq €182k
'T LANDERHUYS
BE 0661.967.491
Lommel · Eq €182k
LAVANDI
BE 0751.536.006
Heusden-Zolder · Eq €182k
Conan
BE 0466.973.737
Nieuwpoort · Eq €182k
ANDREAS KOUNDOURAKIS
BE 0538.803.920
Hasselt · Eq €182k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,308. 8,646 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2012
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.