MACR ENGINEERING
ActiveSummary
MACR ENGINEERING has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €129,456 and a net result of €48,562. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 100 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability100▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 13.42 against 12.21 in 2025; short-term debt: 7.4% and cash: 84.5% of total assets), and 7.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
92.6%
Return on assets
34.7%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-09-2026, 47 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2026
47 d early
2025
46 d early
2024
20 d early
2023
8 d early
2022
19 d early
2021
2 d late
2020
4 d late
← 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 19 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€129,456▲ 19.9%
2025 · €107,957
Total assets
€139,771▲ 19.0%
2025 · €117,432
Net result
€48,562▲ 84.1%
2025 · €26,379
Working capital
€128,062▲ 20.6%
2025 · €106,176
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€61,113▲ 36.0%€60,590▼ 0.9%€52,404▼ 13.5%€33,475▼ 36.1%€60,970▲ 82.1%
Net result€43,280▲ 34.8%€47,232▲ 9.1%€40,686▼ 13.9%€26,379▼ 35.2%€48,562▲ 84.1%
Equity€140,150▲ 44.7%€148,125▲ 5.7%€121,578▼ 17.9%€107,957▼ 11.2%€129,456▲ 19.9%
Total assets€160,777▲ 30.6%€158,053▼ 1.7%€136,164▼ 13.8%€117,432▼ 13.8%€139,771▲ 19.0%
Debt€20,628▼ 21.3%€9,927▼ 51.9%€14,586▲ 46.9%€9,474▼ 35.0%€10,315▲ 8.9%
Working capital€137,180▲ 45.8%€148,125▲ 8.0%€121,578▼ 17.9%€106,176▼ 12.7%€128,062▲ 20.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 82% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €139,771
Fixed assets
€1,393 ▼ 21.8%
Current assets
€138,377 ▲ 19.7%
Equity and liabilities €139,771
Equity
€129,456 ▲ 19.9%
Debt
€10,315 ▲ 8.9%
Debt's share of the balance-sheet total falls from 8.1% to 7.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61,358▲
2025 · €33,633
Cash flow
€48,949▲
2025 · €26,537
Current ratio
13.42▲
2025 · 12.21
Debt to equity
0.08▼
2025 · 0.09
ROE
37.5%▲
2025 · 24.4%
ROA
34.7%▲
2025 · 22.5%
Interest coverage
378.47▲
2025 · 282.54
Debt ≤ 1 year
€10,315▲
2025 · €9,474
Income taxes
€13,262▲
2025 · €7,563
Staff costs
€2,429▼
2025 · €2,910
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €3,657 | €1,601 | €797 | €2,910 | €2,429 | ▼ 16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,446 | €2,964 | - | €158 | €388 | ▲ 145% |
| Other operating charges640/8 | €1,025 | €1,165 | €2,058 | €1,106 | €1,141 | ▲ 3.2% |
| Gross operating margin9900 | €70,241 | €66,320 | €55,259 | €37,648 | €64,928 | ▲ 72.5% |
| Operating profit (loss)9901 | €61,113 | €60,590 | €52,404 | €33,475 | €60,970 | ▲ 82.1% |
| Financial income75/76B | - | €0 | - | €586 | €1,016 | ▲ 73.3% |
| Recurring financial income75 | - | €0 | - | €586 | €1,016 | ▲ 73.3% |
| Financial charges65/66B | €206 | €106 | €44 | €119 | €162 | ▲ 36.2% |
| Recurring financial charges65 | €206 | €106 | €44 | €119 | €162 | ▲ 36.2% |
| Profit (loss) for the period before taxes9903 | €60,907 | €60,484 | €52,360 | €33,942 | €61,824 | ▲ 82.1% |
| Income taxes67/77 | €17,627 | €13,252 | €11,674 | €7,563 | €13,262 | ▲ 75.4% |
| Profit (loss) for the period9904 | €43,280 | €47,232 | €40,686 | €26,379 | €48,562 | ▲ 84.1% |
| Profit (loss) for the period to be appropriated9905 | €43,280 | €47,232 | €40,686 | €26,379 | €48,562 | ▲ 84.1% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160,777 | €158,053 | €136,164 | €117,432 | €139,771 | ▲ 19.0% |
| Fixed assets21/28 | €4,009 | - | - | €1,781 | €1,393 | ▼ 21.8% |
| Tangible fixed assets22/27 | €4,009 | - | - | €1,781 | €1,393 | ▼ 21.8% |
| Plant, machinery and equipment23 | - | - | - | €1,781 | €1,393 | ▼ 21.8% |
| Furniture and vehicles24 | €4,009 | - | - | - | - | - |
| Current assets29/58 | €156,769 | €158,053 | €136,164 | €115,650 | €138,377 | ▲ 19.7% |
| Amounts receivable within one year40/41 | €24,850 | €13,736 | €31,143 | €6,556 | €13,720 | ▲ 109% |
| Trade receivables40 | €19,950 | €13,736 | €31,143 | - | €9,546 | - |
| Other amounts receivable41 | €4,900 | - | - | €6,556 | €4,174 | ▼ 36.3% |
| Current investments50/53 | - | - | - | €93,937 | €6,497 | ▼ 93.1% |
| Cash at bank and in hand54/58 | €131,919 | €144,317 | €105,021 | €15,158 | €118,160 | ▲ 680% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160,777 | €158,053 | €136,164 | €117,432 | €139,771 | ▲ 19.0% |
| Equity10/15 | €140,150 | €148,125 | €121,578 | €107,957 | €129,456 | ▲ 19.9% |
| Contributions10/11 | €25,000 | €25,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €115,150 | €123,125 | €116,578 | €102,957 | €124,456 | ▲ 20.9% |
| Non-distributable reserves130/1 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves not available under the articles1311 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Distributable reserves133 | €112,650 | €120,625 | €114,078 | €100,457 | €121,956 | ▲ 21.4% |
| Profit (loss) carried forward14 | - | - | - | €1 | - | - |
| Amounts payable17/49 | €20,628 | €9,927 | €14,586 | €9,474 | €10,315 | ▲ 8.9% |
| Amounts payable after more than one year17 | €1,039 | - | - | - | - | - |
| Financial debts170/4 | €1,039 | - | - | - | - | - |
| Amounts payable within one year42/48 | €19,588 | €9,927 | €14,586 | €9,474 | €10,315 | ▲ 8.9% |
| Current portion of amounts payable after more than one year42 | €6,181 | €1,039 | - | - | - | - |
| Trade debts44 | €420 | €469 | €1,161 | €636 | €503 | ▼ 20.9% |
| Suppliers440/4 | €420 | €469 | €1,161 | €636 | €503 | ▼ 20.9% |
| Taxes, remuneration and social security45 | €12,988 | €7,568 | €13,010 | €8,838 | €9,812 | ▲ 11.0% |
| Taxes450/3 | €12,988 | €7,568 | €13,010 | €8,838 | €9,812 | ▲ 11.0% |
| Other amounts payable47/48 | - | €851 | €415 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,280 | €47,232 | €40,686 | €26,379 | €48,562 | ▲ 84.1% |
| + Depreciation and write-downs630 | €4,446 | €2,964 | - | €158 | €388 | ▲ 145% |
| Operating cash flow (approximation) | €47,726 | €50,197 | €40,686 | €26,537 | €48,949 | ▲ 84.5% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | €12,398 | -€39,295 | -€89,863 | €103,002 | ▲ 215% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
14-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2019net €48,562 ▲84.1%
Net result €48,562, the highest in the series.
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €100,000Eq €140,150 ▲44.7%
4 profitable years in a row build equity to €140,150.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
31-03
Financial
Weakest financial yearnet €19,131 ▼21%
Net result drops to €19,131, the lowest in the series; recovery starts the following year.
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lochristi · 1 establishment unit since 2017
Ground area
1,111 m²
Building footprint
100 m²
Volume, LiDAR
540 m³
Parcel 44073A0274/00C002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MACR ENGINEERING
since 20172.270.800.484
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44073A0274/00C002 | Flanders | 1,111 m² | 1 · 100 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 5,242 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-11-2017
Fiscal year end31-03
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.