Summary
MACG is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €302k and a net result of €149k. Equity is growing by ~102.1% per year across the filed fiscal years. Its solvency ranks better than 18% of 2394 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2394 sector peers (2025).
NBB · sector comparisonPosition among 2394 sector peers
Solvency
better than 18%
← weakest
strongest →
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 01-06-2026, 60 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
60 d early
2024
127 d early
2023
48 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€302k▲ 97.5%
2024 · €153k
2023: €-10k
2024: €153k
2023 → 2025
Net result
€149k▼ 8.6%
2024 · €163k
2023: €-11k
2024: €163k
2023 → 2025
Total assets
€1.37M▲ 0.5%
2024 · €1.36M
2023: €107k
2024: €1.36M
2023 → 2025
Solvency
22.1%▲ 10.9pp
2024 · 11.2%
2023: -9.6%
2024: 11.2%
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-10k-€153k€302k▲ 97.5%
Operating result€-8k-€41k€40k▼ 2.5%
Net result€-11k-€163k€149k▼ 8.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.37M
Fixed assets
€1.03M ▼ 11.6%
Current assets
€335k ▲ 73.5%
Equity and liabilities €1.37M
Equity
€302k ▲ 97.5%
Debt
€1.07M ▼ 11.8%
Debt's share of the balance-sheet total falls from 88.8% to 77.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
49.4%▼
2024 · 106.7%
ROA
10.9%▼
2024 · 12.0%
Debt ≤ 1 year
€124k▼
2024 · €150k
Debt > 1 year
€942k▼
2024 · €1.06M
Income taxes
€253▼
2024 · €270
Staff costs
€44k▲
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.36M€1.37M▲
Fixed assets21/28€1.17M€1.03M▼
Tangible fixed assets22/27€1.16M€1.02M▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€1.16M€1.02M▼
Financial fixed assets28€10k€10k=
Current assets29/58€193k€335k▲
Amounts receivable within one year40/41€180k€328k▲
Trade receivables40€6k€5k▼
Other amounts receivable41€174k€323k▲
Cash at bank and in hand54/58€12k€6k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.36M€1.37M▲
Equity10/15€153k€302k▲
Contributions10/11€1k€1k=
Reserves13€152k€301k▲
Distributable reserves133€152k€301k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€1.21M€1.07M▼
Amounts payable after more than one year17€1.06M€942k▼
Financial debts170/4€1.06M€942k▼
Amounts payable within one year42/48€150k€124k▼
Current portion of amounts payable after more than one year42€114k€119k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€12k€4k▼
Taxes450/3€524€265▼
Remuneration and social security454/9€12k€4k▼
Other amounts payable47/48€19k€0▼
Accrued charges and deferred income492/3€212€149▼
Income statement
Code20242025
Non-recurring operating income76A€26€0▼
Remuneration, social security and pensions62€44k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€135k▲
Other operating charges640/8€392€2k▲
Gross operating margin9900€165k€221k▲
Operating profit (loss)9901€41k€40k▼
Financial income75/76B€156k€161k▲
Recurring financial income75€156k€161k▲
Financial charges65/66B€33k€51k▲
Recurring financial charges65€33k€51k▲
Profit (loss) for the period before taxes9903€164k€150k▼
Income taxes67/77€270€253▼
Profit (loss) for the period9904€163k€149k▼
Profit (loss) for the period to be appropriated9905€163k€149k▼
Appropriation of the result
Profit (loss) to be appropriated9906€152k€149k▼
Profit (loss) brought forward from the previous period14P€-11k€0▲
Transfer to equity691/2€152k€149k▼
To other reserves6921€152k€149k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity doublescurrent ratio 2.70
Current ratio from 1.29 to 2.70; short-term debt falls from €150k to €124k.
31-12
Financial
Equity above €200kEq €302k ▲97.5%
2 profitable years in a row build equity to €302k.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €163k
Net result €163k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 1.29
Current ratio from 0.33 to 1.29.
31-12
Financial
Equity above €150kEq €153k
Equity rises from €-10k to €153k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tournai · 1 establishment unit since 2022
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.
Rue de la Cheminée(K) 17540 TournaiGround area
7,909 m²
Building footprint
142 m²
Parcel 57042A0188/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Cheminée(K) 1, 7540 Tournai
since 20222.337.197.578
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57042A0188/00E000 | Wallonia | 7,909 m² | 1 · 142 m² | - |
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
FVT architect
BE 0685.464.059
Schoten · Eq €302,549
Callens Holdco
BE 0744.413.632
Kruisem · Eq €302,042
Akihz
BE 0887.190.407
Roeselare · Eq €302,017
MarKetTo
BE 0789.399.064
Mortsel · Eq €302,002
Saelens-Vanhove
BE 0874.814.888
Ieper · Eq €301,994
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,768 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:elm@Socofidex.be