ACTIVE

MACQ

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Financial year 2025 · closed on 31/12/2025

Net result

336 k €

+148.5% YoY

Revenue

15,1 M €

-13.3% YoY

Equity

3,5 M €

+10.5% YoY

Workforce

83,9 ETP

-16.3% YoY

What does MACQ do?

MACQ is a Public limited company incorporated in 1930. Its main activity is: Manufacture of computers and peripheral equipment. Its registered office is in Evere. It employs on average 83,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.226.831

Incorporation

14/01/1930

Legal form

Public limited company

Registered office

Rue de l'Aéronef 2
1140 Evere · Bruxelles

Contributed capital

425 000,00 €

Latest accounts

31/12/2025

Average workforce

83,9 ETP

Activities (NACE)

26200Manufacture of computers and peripheral equipment· main 26200Manufacture of computers and peripheral equipment 30020Manufacture of other transport equipment 33200Installation of industrial machinery and equipment 33200Installation of industrial machinery and equipment 33300Repair and installation of machinery and equipment+2

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	15,1 M €	-13.3%	17,4 M €	-14.3%	20,3 M €	+17.3%	17,3 M €	+22.8%	14,1 M €	+13.0%	12,5 M €	-27.2%	17,1 M €	+17.4%	14,6 M €	+18.4%	12,3 M €	+24.7%	9,9 M €	+18.8%	8,3 M €	-1.5%	8,4 M €	+4.1%	8,1 M €	-2.3%	8,3 M €	+13.6%	7,3 M €	+11.5%	6,5 M €	+21.9%	5,4 M €	+10.9%	4,8 M €
EBITDA	1,8 M €	+23.4%	1,5 M €	+4.3%	1,4 M €	+35.4%	1 M €	-24.4%	1,4 M €	+65.0%	825,6 k €	-37.4%	1,3 M €	-17.8%	1,6 M €	+4.3%	1,5 M €	+41.8%	1,1 M €	+40.6%	772,6 k €	+0.0%	772,5 k €	+97.2%	391,7 k €	-45.2%	715,1 k €	+3.4%	691,8 k €	-5.3%	730,2 k €	+21.4%	601,6 k €	+15.8%	519,4 k €
Operating result	-473,7 k €	+25.7%	-637,2 k €	-27.0%	-501,7 k €	-49.6%	-335,3 k €	-85.4%	-180,8 k €	+71.1%	-624,7 k €	-574%	131,9 k €	-65.9%	386,3 k €	+2713%	13,7 k €	-92.6%	185,7 k €	+39.2%	133,4 k €	+2.6%	130,1 k €	+188%	-147,9 k €	-196%	153,5 k €	-5.6%	162,6 k €	+39.9%	116,3 k €	-18.2%	142,1 k €	-20.0%	177,6 k €
Net result	336 k €	+148%	135,2 k €	-11.2%	152,2 k €	-0.0%	152,2 k €	+199%	50,9 k €	+138%	-132,2 k €	-120%	660,2 k €	+9.3%	603,8 k €	+151%	241 k €	-36.2%	377,7 k €	+41.9%	266,1 k €	-6.5%	284,7 k €	+517%	46,1 k €	-82.6%	265,1 k €	-3.8%	275,7 k €	-3.3%	285 k €	+4.3%	273,3 k €	+25.8%	217,2 k €
Balance sheet
Equity	3,5 M €	+10.5%	3,2 M €	+4.4%	3,1 M €	+2.6%	3 M €	+5.4%	2,8 M €	+1.8%	2,8 M €	-4.9%	2,9 M €	+28.6%	2,3 M €	+14.9%	2 M €	+0.4%	2 M €	-2.2%	2 M €	+2.5%	2 M €	+7.7%	1,8 M €	+7.9%	1,7 M €	+8.2%	1,6 M €	+3.7%	1,5 M €	+5.0%	1,4 M €	+7.1%	1,3 M €
Total assets	19,1 M €	+17.9%	16,2 M €	-10.9%	18,1 M €	+14.5%	15,8 M €	+20.2%	13,2 M €	+27.6%	10,3 M €	-0.4%	10,4 M €	+34.2%	7,7 M €	+3.1%	7,5 M €	+24.6%	6 M €	-3.6%	6,2 M €	-4.3%	6,5 M €	-14.7%	7,6 M €	+42.1%	5,4 M €	-10.1%	6 M €	+6.0%	5,6 M €	+51.1%	3,7 M €	+25.5%	3 M €
Cash	231,9 k €	+79.6%	129,1 k €	+179%	46,2 k €	-44.0%	82,6 k €	-65.3%	238,2 k €	-38.6%	387,9 k €	+994%	35,5 k €	-45.3%	64,8 k €	+117%	29,9 k €	-90.9%	328 k €	+492%	55,4 k €	-40.2%	92,6 k €	+101%	46,1 k €	-75.1%	185,5 k €	-68.0%	580,7 k €	+44.8%	400,9 k €	+170%	148,6 k €	+501%	24,7 k €
Debts	15,5 M €	+19.5%	13 M €	-14.0%	15,1 M €	+17.5%	12,8 M €	+29.7%	9,9 M €	+33.2%	7,4 M €	+1.4%	7,3 M €	+39.0%	5,3 M €	+2.8%	5,1 M €	+30.4%	3,9 M €	-5.0%	4,1 M €	-7.4%	4,5 M €	-22.3%	5,7 M €	+59.5%	3,6 M €	-16.5%	4,3 M €	+11.1%	3,9 M €	+84.1%	2,1 M €	+40.9%	1,5 M €
Other
Workforce	83,9 ETP	-16.3%	100,2 ETP	+4.4%	96,0 ETP	+2.1%	94,0 ETP	-7.4%	101,5 ETP	+3.4%	98,2 ETP	+2.0%	96,3 ETP	+15.1%	83,7 ETP	+12.7%	74,3 ETP	+14.3%	65,0 ETP	+4.5%	62,2 ETP	+0.6%	61,8 ETP	-6.8%	66,3 ETP	+3.1%	64,3 ETP	+2.1%	63,0 ETP	+12.7%	55,9 ETP	+23.1%	45,4 ETP	+3.9%	43,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 20 ended

Active mandates

Benoît MACQ

Director · since 24 mai 2025 · until 24 mai 2031

Active

René BRANDERS

Director · since 25 mai 2024 · until 24 mai 2030

Active

Christophe CAUDRON

Director · since 24 mai 2024 · until 24 mai 2030

Active

François MACQ

Managing director · since 24 mai 2024 · until 24 mai 2030

Active

Yves DE BEAUREGARD

Director · since 27 mai 2022 · until 26 mai 2028

Active

Ended mandates

Benoît CLAEYS

Director · since 29 mai 2020 · until 24 mai 2024

Ended

Benoît CLAEYS

Director · since 29 mai 2020 · until 29 mai 2026

Ended

Benoît MACQ

Director · since 24 mai 2019 · until 24 mai 2025

Ended

Christophe CAUDRON

Director · since 25 mai 2018 · until 24 mai 2024

Ended

At this address

Other companies at this address

Company	CBE no.
GT COMATIS MACQ● Active	0782.964.994
TaaS- Trajectcontrole As A Service● Active	0762.621.324

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/05/2026	26/05/2025	28/05/2024	01/06/2023	31/05/2022	01/06/2021
General meeting	22/05/2026	23/05/2025	24/05/2024	26/05/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	22/05/2026	29/05/2026	French	PDF
Full model	31/12/2024	23/05/2025	26/05/2025	French	PDF
Full model	31/12/2023	24/05/2024	28/05/2024	French	PDF
Full model	31/12/2022	26/05/2023	01/06/2023	French	PDF
Full model	31/12/2021	27/05/2022	31/05/2022	French	PDF
Full model	31/12/2020	28/05/2021	01/06/2021	French	PDF
Full model	31/12/2019	29/05/2020	05/06/2020	French	PDF
Full model	31/12/2018	24/05/2019	06/06/2019	French	PDF
Full modelCorrection	31/12/2017	25/05/2018	03/12/2018	French	PDF
Full modelCorrection	31/12/2017	25/05/2018	21/08/2018	French	PDF
Full model	31/12/2017	25/05/2018	30/05/2018	French	PDF
Full modelCorrection	31/12/2016	19/05/2017	15/09/2017	French	PDF
Full model	31/12/2016	19/05/2017	23/05/2017	French	PDF
Full model	31/12/2015	27/05/2016	31/05/2016	French	PDF
Full model	31/12/2014	22/05/2015	28/05/2015	French	PDF
Full model	31/12/2013	23/05/2014	10/06/2014	French	PDF
Full model	31/12/2012	24/05/2013	27/05/2013	French	PDF
Full model	31/12/2011	25/05/2012	21/06/2012	French	PDF
Full model	31/12/2010	27/05/2011	06/06/2011	French	PDF
Full model	31/12/2009	28/05/2010	31/05/2010	French	PDF
Full model	31/12/2008	29/05/2009	26/06/2009	French	PDF
Full model	31/12/2007	23/05/2008	25/07/2008	French	PDF
Full model	31/12/2006	25/05/2007	09/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 20 ended

Active mandates

Benoît MACQ

Director · since 24 mai 2025 · until 24 mai 2031

Active

René BRANDERS

Director · since 25 mai 2024 · until 24 mai 2030

Active

Christophe CAUDRON

Director · since 24 mai 2024 · until 24 mai 2030

Active

François MACQ

Managing director · since 24 mai 2024 · until 24 mai 2030

Active

Yves DE BEAUREGARD

Director · since 27 mai 2022 · until 26 mai 2028

Active

Ended mandates

Benoît CLAEYS

Director · since 29 mai 2020 · until 24 mai 2024

Ended

Benoît CLAEYS

Director · since 29 mai 2020 · until 29 mai 2026

Ended

Benoît MACQ

Director · since 24 mai 2019 · until 24 mai 2025

Ended

Christophe CAUDRON

Director · since 25 mai 2018 · until 24 mai 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/09/2026
Nomination - Démission
PDF
Mandates23/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates21/06/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates19/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates26/06/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates02/08/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates03/08/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates16/06/2016
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025336 k €↑
2024
Annual accounts 2024135,2 k €↓
2023
Annual accounts 2023152,2 k €↓
2022
Annual accounts 2022152,2 k €↑
2021
Annual accounts 202150,9 k €↑
2020
Annual accounts 2020-132,2 k €↓
2019
Annual accounts 2019660,2 k €↑
2018
Annual accounts 2018603,8 k €↑
2017
Annual accounts 2017241 k €↓
2016
Annual accounts 2016377,7 k €↑
2015
Annual accounts 2015266,1 k €↓
2014
Annual accounts 2014284,7 k €↑
2013
Annual accounts 201346,1 k €↓
2012
Annual accounts 2012265,1 k €↓
2011
Annual accounts 2011275,7 k €↓
2010
Annual accounts 2010285 k €↑
2009
Annual accounts 2009273,3 k €↑
2008
Annual accounts 2008217,2 k €
14/01/1930
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MACQ

Overview

What does MACQ do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline