Skip to content

Micro-Macro

Active
Private limited companyfounded 2013active for 13 yearsMechelsesteenweg(CEN) 265, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0527.974.067
Summary

The computed 12-month bankruptcy probability of Micro-Macro is 2.1% (moderate). The 2025 annual accounts show equity of €33,349 and a net result of €19,124, of which €99,312 non-recurring income. Equity is growing by about 16% per year across the filed financial years. The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (39 days) Filed on 8 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00512558.

Equity
€33,349▲ 134%
2024 · €14,225
Total assets
€275,790▲ 118%
2024 · €126,355
Net result
€19,124▼ 55.4%
2024 · €42,865
Working capital
-€16,435▼ 651%
2024 · -€2,187
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 38% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€43,968 2025 Net result€19,124 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€11,499-€13,582▲ 18.1%€14,863▲ 9.4%€15,861▲ 6.7%€15,579▼ 1.8%€14,049▼ 9.8%€71,127▲ 406%€43,968▼ 38.2%
Net result-€3,255-€1,787€4,488▲ 151%€4,337▼ 3.4%€6,199▲ 42.9%€5,231▼ 15.6%€42,865▲ 719%€19,124▼ 55.4%
Equity-€50,682--€48,895▲ 3.5%-€44,408▲ 9.2%-€40,071▲ 9.8%-€33,872▲ 15.5%-€28,641▲ 15.4%€14,225€33,349▲ 134%
Total assets€251,121-€244,747▼ 2.5%€222,741▼ 9.0%€212,005▼ 4.8%€201,317▼ 5.0%€193,729▼ 3.8%€126,355▼ 34.8%€275,790▲ 118%
Debt€301,804-€293,642▼ 2.7%€267,149▼ 9.0%€252,076▼ 5.6%€235,189▼ 6.7%€222,369▼ 5.5%€112,131▼ 49.6%€242,441▲ 116%
Working capital-€49,072--€49,948▼ 1.8%-€42,148▲ 15.6%-€41,573▲ 1.4%-€39,769▲ 4.3%-€44,004▼ 10.6%-€2,187▲ 95.0%-€16,435▼ 651%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €275,790
Fixed assets €239,999 ▲ 130%
Current assets €35,791 ▲ 61.8%
Equity and liabilities €275,790
Equity €33,349 ▲ 134%
Debt €242,441 ▲ 116%
Debt's share of the balance-sheet total falls from 88.7% to 87.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€49,271▼
2024 · €73,748
Cash flow
€24,427▼
2024 · €45,487
Current ratio
0.69▼
2024 · 0.91
Debt to equity
7.27▼
2024 · 7.88
ROE
57.3%▼
2024 · 301.3%
ROA
6.9%▼
2024 · 33.9%
Interest coverage
3.89▲
2024 · 2.61
Debt ≤ 1 year
€52,225▲
2024 · €24,310
Debt > 1 year
€190,216▲
2024 · €87,821
Income taxes
€12,220
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.4% stopped otherwise
95.8% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€126,355€275,790▲
Fixed assets21/28€104,233€239,999▲
Tangible fixed assets22/27€103,931€239,697▲
Land and buildings22€103,931€239,697▲
Financial fixed assets28€302€302=
Current assets29/58€22,122€35,791▲
Amounts receivable within one year40/41-€35,277
Other amounts receivable41-€35,277
Cash at bank and in hand54/58€22,122€514▼
Equity and liabilities
Total equity and liabilities10/49€126,355€275,790▲
Equity10/15€14,225€33,349▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14€8,025€27,149▲
Amounts payable17/49€112,131€242,441▲
Amounts payable after more than one year17€87,821€190,216▲
Financial debts170/4€87,821€190,216▲
Amounts payable within one year42/48€24,310€52,225▲
Current portion of amounts payable after more than one year42€12,176€6,960▼
Taxes, remuneration and social security45-€12,220
Taxes450/3-€12,220
Other amounts payable47/48€12,133€33,045▲
Income statement Code20242025
Non-recurring operating income76A-€99,312
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,622€5,303▲
Other operating charges640/8€1,090€5,638▲
Gross operating margin9900€74,839€54,910▼
Operating profit (loss)9901€71,127€43,968▼
Financial income75/76B-€46
Recurring financial income75-€46
Financial charges65/66B€28,262€12,670▼
Recurring financial charges65€28,262€12,670▼
Profit (loss) for the period before taxes9903€42,865€31,344▼
Income taxes67/77-€12,220
Profit (loss) for the period9904€42,865€19,124▼
Profit (loss) for the period to be appropriated9905€42,865€19,124▼
Appropriation of the result
Profit (loss) to be appropriated9906€8,025€27,149▲
Profit (loss) brought forward from the previous period14P-€34,841€8,025▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-------€99,312-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,125€11,125€11,125€11,125€11,125€6,713€2,622€5,303▲ 102%
Other operating charges640/8---€933€955€109€1,090€5,638▲ 417%
Gross operating margin9900€23,126€25,209€26,532€27,919€27,659€20,871€74,839€54,910▼ 26.6%
Operating profit (loss)9901€11,499€13,582€14,863€15,861€15,579€14,049€71,127€43,968▼ 38.2%
Financial income75/76B-------€46-
Recurring financial income75--€597----€46-
Financial charges65/66B---€11,524€9,381€8,817€28,262€12,670▼ 55.2%
Recurring financial charges65€14,754€11,795€10,972€11,524€9,381€8,817€28,262€12,670▼ 55.2%
Profit (loss) for the period before taxes9903-€3,255€1,787€4,488€4,337€6,199€5,231€42,865€31,344▼ 26.9%
Income taxes67/77-------€12,220-
Profit (loss) for the period9904-€3,255€1,787€4,488€4,337€6,199€5,231€42,865€19,124▼ 55.4%
Profit (loss) for the period to be appropriated9905-€3,255€1,787€4,488€4,337€6,199€5,231€42,865€19,124▼ 55.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€251,121€244,747€222,741€212,005€201,317€193,729€126,355€275,790▲ 118%
Fixed assets21/28€244,919€233,795€222,670€211,546€200,421€193,708€104,233€239,999▲ 130%
Tangible fixed assets22/27€244,617€233,493€222,368€211,244€200,119€193,406€103,931€239,697▲ 131%
Land and buildings22---€211,244€200,119€193,406€103,931€239,697▲ 131%
Financial fixed assets28€302€302€302€302€302€302€302€302=
Current assets29/58€6,202€10,952€71€460€896€21€22,122€35,791▲ 61.8%
Amounts receivable within one year40/41-€573-----€35,277-
Other amounts receivable41-------€35,277-
Cash at bank and in hand54/58€2,202€2,379€71€460€896€21€22,122€514▼ 97.7%
Equity and liabilities
Total equity and liabilities10/49€251,121€244,747€222,741€212,005€201,317€193,729€126,355€275,790▲ 118%
Equity10/15-€50,682-€48,895-€44,408-€40,071-€33,872-€28,641€14,225€33,349▲ 134%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€56,882-€55,095-€50,608-€46,271-€40,072-€34,841€8,025€27,149▲ 238%
Amounts payable17/49€301,804€293,642€267,149€252,076€235,189€222,369€112,131€242,441▲ 116%
Amounts payable after more than one year17€246,130€232,145€224,930€210,043€194,524€178,345€87,821€190,216▲ 117%
Financial debts170/4---€210,043€194,524€178,345€87,821€190,216▲ 117%
Amounts payable within one year42/48€55,274€60,901€42,219€42,032€40,665€44,025€24,310€52,225▲ 115%
Current portion of amounts payable after more than one year42---€14,887€15,520€16,179€12,176€6,960▼ 42.8%
Trade debts44€4,983€5,702€5,702€6,072-----
Suppliers440/4---€6,072-----
Taxes, remuneration and social security45-------€12,220-
Taxes450/3-------€12,220-
Other amounts payable47/48---€21,074€25,146€27,846€12,133€33,045▲ 172%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€3,255€1,787€4,488€4,337€6,199€5,231€42,865€19,124▼ 55.4%
+ Depreciation and write-downs630€11,125€11,125€11,125€11,125€11,125€6,713€2,622€5,303▲ 102%
Operating cash flow (approximation)€7,869€12,911€15,612€15,462€17,323€11,945€45,487€24,427▼ 46.3%
Investment in fixed assets (approximation)-€0€0€0€0€0€86,854-€141,069-
Change in cash-€177-€2,308€389€436-€875€22,101-€21,609-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 08-09-2026 2026-00512558
31-12-2024 micro format 30-06-2025 2025-00226539
31-12-2023 micro format 28-06-2024 2024-00188602
31-12-2022 micro format 31-07-2023 2023-00307540
31-12-2021 micro format 05-12-2022 2022-20532756
31-12-2020 micro format 28-10-2021 2021-74000107
31-12-2019 abbreviated format 31-08-2020 2020-49700297
31-12-2018 abbreviated format 04-06-2019 2019-15800109
31-12-2017 abbreviated format 25-10-2018 2018-70100358
31-12-2016 abbreviated format 11-08-2017 2017-43800443

Show all 12 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.