MACRIFI
ActiveMACRIFI has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.69M and a net result of €1.54M. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 9088 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+99
Solvency87▲+12
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.24 in 2024), and 46.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.7%
Return on assets
14.6%
Age of the figures
8 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
6 d early
2023
8 d early
2022
12 d early
2021
30 d late
2020
30 d early
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.69M▲ 37.2%
2024 · €4.15M
2018: €3.33M
2019: €3.50M
2020: €3.61M
2021: €3.70M
2022: €4.04M
2023: €4.14M
2024: €4.15M
2018 → 2025
Total assets
€10.59M▲ 18.7%
2024 · €8.92M
2018: €9.65M
2019: €9.83M
2020: €9.16M
2021: €8.74M
2022: €9.28M
2023: €8.73M
2024: €8.92M
2018 → 2025
Net result
€1.54M▲ 14,660%
2024 · €10k
2018: €874k
2019: €167k
2020: €117k
2021: €85k
2022: €340k
2023: €99k
2024: €10k
2018 → 2025
Working capital
€1.15M▲ 121%
2024 · €519k
2018: €-860k
2019: €-560k
2020: €-300k
2021: €-83k
2022: €543k
2023: €358k
2024: €519k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.70M-€4.04M▲ 9.2%€4.14M▲ 2.5%€4.15M▲ 0.3%€5.69M▲ 37.2%
Operating result€1.12M-€692k▼ 38.3%€383k▼ 44.7%€286k▼ 25.2%€2.33M▲ 714%
Net result€85k-€340k▲ 298%€99k▼ 70.9%€10k▼ 89.4%€1.54M▲ 14,660%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 714% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.59M
Fixed assets
€7.37M▲ 18.5%
Current assets
€3.23M▲ 19.2%
Equity and liabilities €10.59M
Equity
€5.69M▲ 37.2%
Provisions
€86k▼ 1.9%
Debt
€4.82M▲ 2.8%
The debt ratio falls from 52.5% to 45.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€2.58M▲
2024 · €439k
Cash flow
€1.80M▲
2024 · €163k
Solvency
53.7%▲
2024 · 46.5%
Current ratio
1.55▲
2024 · 1.24
Quick ratio
1.54▲
2024 · 1.17
Debt / equity
0.85▼
2024 · 1.13
ROE
27.1%▲
2024 · 0.3%
ROA
14.6%▲
2024 · 0.1%
Interest coverage
10.81▲
2024 · 1.84
Debt
€4.82M▲
2024 · €4.69M
Debt ≤ 1 year
€2.08M▼
2024 · €2.19M
Debt > 1 year
€2.50M=
2024 · €2.50M
Income taxes
€569k▲
2024 · €61k
Staff costs
€118k▲
2024 · €117k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€8.92M€10.59M▲
Fixed assets21/28€6.21M€7.37M▲
Tangible fixed assets22/27€1.71M€2.06M▲
Land and buildings22€1.62M€2.00M▲
Furniture and vehicles24€95k€65k▼
Financial fixed assets28€4.50M€5.30M▲
Current assets29/58€2.71M€3.23M▲
Amounts receivable after more than one year29€500k€500k=
Other amounts receivable291€500k€500k=
Stocks and contracts in progress3€139k€31k▼
Stocks30/36€139k€31k▼
Amounts receivable within one year40/41€1.67M€1.38M▼
Trade receivables40€100k€73k▼
Other amounts receivable41€1.57M€1.31M▼
Cash at bank and in hand54/58€370k€1.22M▲
Deferred charges and accrued income490/1€30k€87k▲
Equity and liabilities
Total equity and liabilities10/49€8.92M€10.59M▲
Equity10/15€4.15M€5.69M▲
Contributions10/11€2.50M€2.50M=
Reserves13€1.65M€3.19M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€263k€258k▼
Distributable reserves133€1.38M€2.93M▲
Provisions and deferred taxes16€88k€86k▼
Deferred taxes168€88k€86k▼
Amounts payable17/49€4.69M€4.82M▲
Amounts payable after more than one year17€2.50M€2.50M=
Financial debts170/4€2.50M€2.50M=
Amounts payable within one year42/48€2.19M€2.08M▼
Trade debts44€25k€77k▲
Suppliers440/4€25k€77k▲
Taxes, remuneration and social security45€27k€30k▲
Taxes450/3€14k€18k▲
Remuneration and social security454/9€13k€12k▼
Other amounts payable47/48€2.14M€1.97M▼
Accrued charges and deferred income492/3-€238k
Income statement
Code20242025
Non-recurring operating income76A-€2.22M
Remuneration, social security and pensions62€117k€118k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€152k€253k▲
Other operating charges640/8€90k€151k▲
Gross operating margin9900€646k€2.85M▲
Operating profit (loss)9901€286k€2.33M▲
Financial income75/76B€22k€18k▼
Recurring financial income75€22k€18k▼
Financial charges65/66B€238k€239k▲
Recurring financial charges65€238k€239k▲
Profit (loss) for the period before taxes9903€70k€2.11M▲
Transfer from deferred taxes780€1k€2k▲
Income taxes67/77€61k€569k▲
Profit (loss) for the period9904€10k€1.54M▲
Transfer from tax-exempt reserves789€4k€5k▲
Profit (loss) for the period to be appropriated9905€15k€1.55M▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€1.55M▲
Transfer to equity691/2€15k€1.55M▲
To other reserves6921€15k€1.55M▲
Social balance
Average headcount (FTE)90872.52.0▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €1.54M ▲14660%
Operating result €2.33M, net result €1.54M, both a record.
31-12
Financial
Equity above €5MEq €5.69M ▲37.2%
8 profitable years in a row build equity to €5.69M.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €10k ▼89.4%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
HAECK Norbert Leonard
CurrentStatutaire bestuurder · since 28-05-2024
28-05-2024
Resigned as Statutaire bestuurder
28-05-2024
Appointed as Statutaire bestuurder
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 1989
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.
Marconistraat 38400 OostendeGround area
3,275 m²
Building footprint
1,781 m²
Volume, LiDAR
8,083 m³
Parcel 35020B0099/00L000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Marconistraat 3, 8400 Oostende
since 19892.045.692.485
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0099/00L000 | Flanders | 3,275 m² | 1 · 1,781 m² | 7.4 m · 1 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
JULMACO
BE 0467.829.416
Schilde · Eq €5.69M
Flaximmo
BE 0508.634.841
Tielt · Eq €5.68M
ARBORES
BE 0412.767.464
Knokke-Heist · Eq €5.68M
DEMALIS
BE 0434.193.774
Deinze · Eq €5.70M
BENSOPH
BE 0471.874.514
Merksplas · Eq €5.67M
Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 2,944 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-11-1989
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70201
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.