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MACQ

Active
Public limited companyfounded 1930active for 96 yearsLuchtschipstraat 2, 1140 Evere, BelgiumKBO/BCE: BE 0402.226.831
Summary

MACQ has been active since 1930 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €336,017. Equity is growing by about 4.3% per year across the filed financial years. Its solvency ranks better than 21% of 172 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
MACQActiveChecked score 81/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26200Installation of industrial machinery and equipment NACE 33200
Oldest company in the Brussels-Capital Region, Computer and electronic products sector1 site
Size
€15.1mturnover 2025
Staff
83.9 FTE
Equity
€3.5m
Profit
€336,017
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Board
5 members
Holdings
1
Auditor: Ernst & Young Réviseurs d'entreprises2025 accounts 63 days early4 of 21 deeds summarised
Why 81raises riskLiquidity: current ratio 1.62, cash €231,891Equity €3.5m (18.6% of total assets)Size: turnover €15.1m, 83.9 FTE, total assets €19.1mlowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 27% of its sector peers (NACE 26, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 44-1
equity 18.6% of total assets
Liquidity 21+1
short-term debt 59.4% · cash 1.2%
Profitability 56+9
return on assets 1.8%
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 0.1% (34 companies, NACE 26, medium-sized)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025highest value 05-2025: 0.4%● unchanged vs 04-2025highest value 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026lowest value 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €280,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.62, compared with 1.59 in 2024, above the usual 1.5; short-term debt: 59.4% and cash: 1.2% of total assets), but 81.4% of the assets are financed with debt and provisions.
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 26, medium-sized): better than 16% on solvency, 19% on liquidity, 31% on profitability and 41% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.62, cash €231,891
NBB · annual accounts
raises risk · Equity €3.5m (18.6% of total assets)
NBB · annual accounts
lowers risk · Sector: Manufacture of computer, electronic and optical products (NACE 26)
KBO
raises risk · Size: turnover €15.1m, 83.9 FTE, total assets €19.1m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 172 sector peers (2025).
NBB · sector comparison
Position among 172 sector peers
Solvency
better than 21%
← weakest strongest →
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 days early
2024
66 days early
2023
64 days early
2022
60 days early
2021
61 days early
2020
60 days early
2019
56 days 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 61 days before the deadline; the sector median (NACE 26) for financial year 2024 is 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 29 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Christophe Caudron (director)Appointment: Thomas Caudron (director)
  2. Annual accounts filedfinancial year 2025 · full…
  3. Reappointment: Benoît MACQ (director)Appointment: Ernst & Young Reviseurs…

Key points

  • Positive: Result rose in 2025from €135,242 to €336,017 ▲ 148% View
  • Positive: Oldest company in the Brussels-Capital Region, Computer and electronic products sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Active since 1930founded 14-01-1930 96 years View
  • Board changedlatest change 18-09-2026 · 5 in office 1 joined · 1 left View
  • Positive: 5 profitable years in a rowprofit 2025: €336,017 5 years View
  • EU research moneyEU contribution €1.6m View

By topic

Financials

Financial year
2025
Turnover
€15.1m
Profit
€336,017
Solvency
18.6%
Turnover▼ 13.3%
Net result
20182025
Go to Financials

Board & ownership

Board
5 members
Auditor
Ernst & Young Réviseurs…
  • Thomas CaudronDirector
  • Benoît MACQDirector
  • François MacqDirector
  • René BrandersDirector
  • Yves Savary De BeauregardDirector
Go to Board & ownership

Timeline

Events
56
Since
1978
Next accounts
by 31-07-2027
  1. 26-05-2025Annual accounts filed
  2. 21-06-2024Reappointments: François Macq, René Branders and Christophe…
  3. 28-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26200
Founded
14-01-1930
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about MACQ

What is the company number of MACQ?
0402.226.831. In Belgium the VAT number is the company number with BE in front: BE 0402.226.831.
Where is MACQ based?
The registered office is at Luchtschipstraat 2, 1140 Evere.Company details
What does MACQ do?
According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26200).
What is the legal form of MACQ?
Public limited company (NV).
When was MACQ founded?
On 14-01-1930.
Is MACQ still active?
Yes, MACQ is an active enterprise in the KBO register.
How many employees does MACQ have?
On average 83.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MACQ?
€15.1m in financial year 2025, according to the filed annual accounts.
Is MACQ profitable?
In financial year 2025, MACQ made a profit of €336,017.
Where can I find the annual accounts of MACQ?
MACQ filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MACQ due?
By 31-07-2027, for financial year 2026.Timeline

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