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MACOFIN

Active
Private limited companyfounded 201511 yrs activeBrugse Steenweg 135, 8370 Blankenberge, BelgiumKBO/BCE: BE 0632.740.797
Summary

MACOFIN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141,157 and a net result of €20,288. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 32% of 13501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisWatch ReportCompare
MACOFINActiveChecked score 68/100
Risk analysis ReportCompare

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190NACE 70210Public relations and communication consultancy NACE 73300
1 site
Size
€807,483total assets 2025
Equity
€141,157
Profit
€20,288
Turnover not published (abridged schema)
Financial health
68 Healthy Checked score 2025
Bankruptcy chance 12 m
0.7%
Structure
Accounts 4 d early0 of 4 deeds read
Why 68- Liquidity: current ratio 0.05, cash €14, halved- Equity €141,157 (17.5% of total assets)+ Size: total assets €807,483+ Founded in 2015Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 30% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 42+1
equity 17.5% of total assets
Liquidity 12-3
short-term debt 71.4% · cash 0.0%
Profitability 54-23
return on assets 2.5%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,865 companies)
Last 24 months 11-2024: 1.7% 12-2024: 1.6%▼ -7.1% vs 11-2024 01-2025: 1.7%▲ +4.3% vs 12-2024 02-2025: 1.9%▲ +15.6% vs 01-2025highest value 03-2025: 0.9%▼ -54.8% vs 02-2025 04-2025: 0.9%● 0.0% vs 03-2025 05-2025: 0.9%● 0.0% vs 04-2025 06-2025: 0.9%● 0.0% vs 05-2025 07-2025: 0.9%● 0.0% vs 06-2025 08-2025: 0.9%● 0.0% vs 07-2025 09-2025: 0.9%▼ -3.0% vs 08-2025 10-2025: 0.9%▲ +7.5% vs 09-2025 11-2025: 0.9%▼ -3.4% vs 10-2025 12-2025: 0.7%▼ -18.3% vs 11-2025 01-2026: 0.8%▲ +14.8% vs 12-2025 02-2026: 0.8%▼ -4.8% vs 01-2026 03-2026: 0.8%● 0.0% vs 02-2026 04-2026: 0.8%● 0.0% vs 03-2026 05-2026: 0.8%● 0.0% vs 04-2026 06-2026: 0.7%▼ -6.4% vs 05-2026 07-2026: 0.7%▼ -7.3% vs 06-2026lowest value 08-2026: 0.7%● 0.0% vs 07-2026lowest value 09-2026: 0.7%● 0.0% vs 08-2026lowest value 10-2026: 0.7%▲ +2.6% vs 09-2026
  • Liquidity: current ratio 0.05, cash €14, halved raises the probability
  • Size: total assets €807,483 lowers the probability for this profile
  • Founded in 2015 lowers the probability for this profile
  • Equity €141,157 (17.5% of total assets) raises the probability
Credit up to €9,000 at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.08 in 2024; short-term debt: 71.4% and cash: 0% of total assets), and 82.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 29%, liquidity 12%, profitability 41%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.05, cash €14, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €807,483
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2015
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Equity €141,157 (17.5% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 01-07-2025 was due by 01-02-2026 and was filed on 28-01-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
26 d late
2023
29 d late
2022
27 d late
2021
41 d late
2020
25 d late
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 01-07-2026 and is due by 01-02-2027. Nothing is late today. Usually files around 28 February (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-07-2026 close05-10-2026 today01-02-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Total assets 20256 fiscal years filed €807,483 View
  • Active since 2015founded 23-06-2015 11 years View

By topic

Financials

Fiscal year
2025
Total assets
€807,483
Profit
€20,288
Solvency
17.5%
Total assets▼ 6.6%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2015
Next accounts
by 01-02-2027
  1. 28-01-2026Annual accounts filed
  2. 27-02-2025Annual accounts filed
  3. 01-03-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
23-06-2015
Year ends
01-07
Peppol
Reachable for e-invoices
Go to Company details

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