MAJECA
Annual accounts 2025
micro format, filed on 13-07-2026, 18 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €76,000 and €400,000.
Balance sheet
balance sheet total €455,898 on 31-12-2025in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
455,898 | 483,745 | 509,896 | 536,278 | 562,371 | 587,737 | 612,930 | 631,560 | 656,809 | 677,887 | 697,679 | 720,070 | 744,252 | |
21/28 |
439,314 | 464,194 | 489,075 | 513,955 | 539,314 | 564,717 | 590,119 | 615,522 | 640,924 | 666,327 | 691,729 | 717,132 | 742,535 | |
22/27 |
439,314 | 464,194 | 489,075 | 513,955 | 539,314 | 564,717 | 590,119 | 615,522 | 640,924 | 666,327 | 691,729 | 717,132 | 742,535 | |
22 |
439,314 | 464,194 | 489,075 | 513,955 | 538,835 | 563,716 | 588,596 | 613,476 | 638,357 | 663,237 | 688,118 | 712,998 | 737,878 | |
25 |
- | - | - | - | 479 | - | - | - | - | - | - | - | - | |
29/58 |
16,584 | 19,551 | 20,821 | 22,323 | 23,057 | 23,020 | 22,811 | 16,039 | 15,885 | 11,560 | 5,950 | 2,938 | 1,717 | |
40/41 |
- | - | 181 | 55 | 55 | - | - | - | 579 | 630 | 630 | - | - | |
40 |
- | - | 127 | - | - | - | - | - | - | - | - | - | - | |
41 |
- | - | 55 | 55 | 55 | - | - | - | 579 | 630 | 630 | - | - | |
54/58 |
16,584 | 19,551 | 20,640 | 22,268 | 23,002 | 23,020 | 22,811 | 16,039 | 15,306 | 10,930 | 3,520 | 2,938 | 1,717 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | 1,800 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
455,898 | 483,745 | 509,896 | 536,278 | 562,371 | 587,737 | 612,930 | 631,560 | 656,809 | 677,887 | 697,679 | 720,070 | 744,252 | |
10/15 |
67,000 | 76,175 | 85,210 | 94,941 | 104,959 | 114,804 | 125,025 | 129,188 | 139,703 | 145,862 | 152,652 | 161,760 | 173,804 | |
10/11 |
190,200 | 190,200 | 190,200 | 190,200 | 190,200 | 190,200 | 190,200 | 190,200 | 190,200 | 190,200 | 190,200 | 190,200 | 190,200 | |
100 |
- | - | - | - | - | - | 202,600 | 202,600 | 202,600 | 202,600 | 202,600 | 202,600 | 202,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
14 |
-123,200 | -114,025 | -104,990 | -95,259 | -85,241 | -75,396 | -65,175 | -61,012 | -50,497 | -44,338 | -37,548 | -28,440 | -16,396 | |
17/49 |
388,898 | 407,570 | 424,686 | 441,336 | 457,412 | 472,933 | 487,905 | 502,373 | 517,106 | 532,025 | 545,028 | 558,310 | 570,448 | |
17 |
25,700 | 44,201 | 62,063 | 79,302 | 95,952 | 112,028 | 127,549 | 142,520 | 157,471 | 170,957 | 184,444 | 197,446 | 210,018 | |
170/4 |
25,700 | 44,201 | 62,063 | 79,302 | 95,952 | 112,028 | 127,549 | 142,520 | 157,471 | 170,957 | 184,444 | 197,446 | 210,018 | |
42/48 |
363,198 | 363,369 | 362,622 | 362,035 | 361,460 | 360,905 | 360,356 | 359,852 | 359,635 | 361,068 | 360,584 | 360,864 | 360,430 | |
42 |
18,501 | 17,862 | 17,238 | 16,651 | 16,076 | 15,521 | 14,972 | 14,468 | 13,487 | 13,487 | 13,002 | 12,572 | 12,138 | |
47/48 |
344,697 | 345,507 | 345,384 | 345,384 | 345,384 | 345,384 | 345,384 | 345,384 | 346,149 | 347,582 | 347,582 | 348,292 | 348,292 | |
| Income statement | ||||||||||||||
9900 |
21,821 | 22,463 | 22,098 | 22,744 | 23,398 | 22,699 | 28,560 | 22,545 | 27,147 | 26,329 | 24,105 | 22,370 | -4,448 | |
630 |
24,880 | 24,880 | 24,880 | 25,359 | 25,403 | 25,403 | 25,403 | 25,403 | 25,403 | 25,403 | 25,403 | 25,403 | 4,787 | |
640/8 |
4,094 | 3,975 | 3,727 | 3,585 | 3,517 | 2,628 | 1,917 | 1,772 | 1,539 | 868 | 544 | 1,299 | 1,395 | |
9901 |
-7,153 | -6,393 | -6,509 | -6,200 | -5,522 | -5,331 | 1,241 | -4,630 | 206 | 59 | -1,842 | -4,331 | -10,631 | |
75/76B |
- | - | - | - | - | - | - | - | - | - | 1 | 1 | 2 | |
75 |
- | - | - | - | - | - | - | - | - | - | 1 | 1 | 2 | |
65/66B |
2,022 | 2,642 | 3,222 | 3,818 | 4,323 | 4,890 | 5,403 | 5,885 | 6,365 | 6,849 | 7,267 | 7,713 | 5,767 | |
65 |
2,022 | 2,642 | 3,222 | 3,818 | 4,323 | 4,890 | 5,403 | 5,885 | 6,365 | 6,849 | 7,267 | 7,713 | 5,767 | |
9903 |
-9,175 | -9,035 | -9,731 | -10,018 | -9,845 | -10,222 | -4,162 | -10,516 | -6,159 | -6,790 | -9,108 | -12,044 | -16,396 | |
9904 |
-9,175 | -9,035 | -9,731 | -10,018 | -9,845 | -10,222 | -4,162 | -10,516 | -6,159 | -6,790 | -9,108 | -12,044 | -16,396 | |
9905 |
-9,175 | -9,035 | -9,731 | -10,018 | -9,845 | -10,222 | -4,162 | -10,516 | -6,159 | -6,790 | -9,108 | -12,044 | -16,396 | |
| Appropriation of the result | ||||||||||||||
9906 |
-123,200 | -114,025 | -104,990 | -95,259 | -85,241 | -75,396 | -65,175 | -61,012 | -50,497 | -44,338 | -37,548 | -28,440 | -16,396 | |
14P |
-114,025 | -104,990 | -95,259 | -85,241 | -75,396 | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 13-07-2026 | 2026-00286020 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00191886 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00396573 | |
| 31-12-2022 | micro format | 21-08-2023 | 2023-00346901 | |
| 31-12-2021 | micro format | 22-07-2022 | 2022-20211460 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-41700174 | |
| 31-12-2019 | micro format | 25-09-2020 | 2020-55300599 | |
| 31-12-2018 | micro format | 06-08-2019 | 2019-43600515 | |
| 31-12-2017 | micro format | 23-08-2018 | 2018-48100515 | |
| 31-12-2016 | micro format | 04-07-2017 | 2017-25700232 | |
| 31-12-2015 | abbreviated format | 22-08-2016 | 2016-44100555 | |
| 31-12-2014 | abbreviated format | 18-08-2015 | 2015-42700432 | |
| 31-12-2013 | abbreviated format | 27-08-2014 | 2014-46900399 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17,727 | 18,488 | 18,371 | 19,159 | 19,881 | 20,071 | 26,643 | 20,772 | 25,608 | 25,461 | 23,561 | 21,071 | -5,844 | ||
| 15,705 | 15,846 | 15,149 | 15,341 | 15,558 | 15,181 | 21,240 | 14,887 | 19,244 | 18,613 | 16,294 | 13,359 | -11,609 | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 747,322 | ||
| -2,967 | -1,089 | -1,628 | -734 | -18 | 209 | 6,772 | 732 | 4,376 | 7,410 | 582 | 1,221 | - | ||
| -346,613 | -343,818 | -341,801 | -339,712 | -338,403 | -337,885 | -337,545 | -343,814 | -343,750 | -349,508 | -354,634 | -357,926 | -358,713 | ||
| 14.7% | 15.7% | 16.7% | 17.7% | 18.7% | 19.5% | 20.4% | 20.5% | 21.3% | 21.5% | 21.9% | 22.5% | 23.4% | ||
| 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.04 | 0.04 | 0.03 | 0.02 | 0.01 | 0.00 | ||
| 5.80 | 5.35 | 4.98 | 4.65 | 4.36 | 4.12 | 3.90 | 3.89 | 3.70 | 3.65 | 3.57 | 3.45 | 3.28 | ||
| -13.7% | -11.9% | -11.4% | -10.6% | -9.4% | -8.9% | -3.3% | -8.1% | -4.4% | -4.7% | -6.0% | -7.4% | -9.4% | ||
| -2.0% | -1.9% | -1.9% | -1.9% | -1.8% | -1.7% | -0.7% | -1.7% | -0.9% | -1.0% | -1.3% | -1.7% | -2.2% | ||
| 8.77 | 7.00 | 5.70 | 5.02 | 4.60 | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on MAJECA
The operating result for 2025 is a loss of €7,153, larger than the loss of €6,393 in 2024. It is the lowest result since 2013.
Debt's share of the balance-sheet total rises from 84.3% to 85.3%. Equity and debt are lower.