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MACON PROJECTS

Active
Private limited company (pre-2019)founded 2016active for 10 yearsWeertstraat 87, 2880 Bornem, BelgiumKBO/BCE: BE 0661.768.840
Summary

MACON PROJECTS has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127,802 and a net result of €107,802. Equity has been growing by about 31% per year since 2018. Its solvency ranks better than 50% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-08-2016 Normal situation
Activity
Development of residential building projects NACE 68121and 2 others
Establishment unit
2.257.413.593 3660 Oudsbergen, since 29-08-2016
Financial year end
31 December
Peppol
Reachable since 23-07-2026

Board and ownership

Board
  • Akpinar MustafaDirector · since 25-08-2016

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€107,802
Turnover
≈ €190,000
estimated
Profit
€107,802
Equity
€127,802
▲ 348%
Total assets
€437,000
▲ 15×
Score breakdownlowers riskSize: total assets €437,000Sector: Real estate activities (NACE 68)Liquidity: current ratio 0.43, cash €76,000Figures for financial year 2025 (filed on 17-03-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 65% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 54-46
equity 29.2% of total assets
Liquidity 34-16
short-term debt 70.8% · cash 17.4%
Profitability 99+73
return on assets 24.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.2 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.4%▼ -0.1 percentage points vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026highest value 04-2026: 0.1%▼ -0.4 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.43 (73.54 in 2024), below 1. Short-term debt is 70.8% and cash 17.4% of total assets. 70.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 68, micro). It does better than 48% of them on solvency, 26% on liquidity, 90% on profitability and 97% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €437,000
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 0.43, cash €76,000
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 17-03-2026)
NBB · annual accounts
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 17-03-2026, 136 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
136 days early
2024
93 days early
2023
7 days early
2022
on the day
2021
92 days late
2020
7 days early
2019
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 25 July (4 of the last 5 accounts filed within 98 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €28,520 to €127,802 ▲ 348% View
  • Positive: Higher net result than 91% of companies in real estatesector median €6,029 · 17,139 companies €107,802 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Resignation: ADSALMIS Oguzhan (director)Director discharge: ADSALMIS Oguzhan
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as MACON PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €384,000 and €520,000, founded between 2015 and 2016.

CompanyTotal assetsGross margin
MACON PROJECTS Bornem€437,000€107,802
Brancusi Kontich€483,233€136,276
AKKIMMO Essen€480,553€148,311
M3-Projects Kontich€408,726€75,872
MEESTERS ENGINEERING Geel€384,272€87,226
BLV Duffel€520,145€117,686
FACTUM FINANCE Rumst€432,588€99,785
Full comparison

Key facts about MACON PROJECTS

What is the company number of MACON PROJECTS?
The company number of MACON PROJECTS is 0661.768.840. The VAT number is the same number with BE in front: BE 0661.768.840.
Where is MACON PROJECTS based?
The registered office is at Weertstraat 87, 2880 Bornem.Company details
What does MACON PROJECTS do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of MACON PROJECTS?
MACON PROJECTS is a private limited company (pre-2019) (BVBA).
When was MACON PROJECTS founded?
MACON PROJECTS was founded on 25-08-2016.
Is MACON PROJECTS still active?
Yes, MACON PROJECTS is an active enterprise in the KBO register.
What is the turnover of MACON PROJECTS?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €107,802 and 49 comparable companies (NACE 681). It probably lies between €140,000 and €360,000.Financials
Is MACON PROJECTS profitable?
In financial year 2025, MACON PROJECTS made a profit of €107,802.
Where can I find the annual accounts of MACON PROJECTS?
MACON PROJECTS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MACON PROJECTS due?
MACON PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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