ACTIVE

Macotruck

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Financial year 2025 · closed on 31/12/2025

Net result

1,4 M €

-30.7% YoY

Revenue

12,4 M €

+0.1% YoY

Equity

6,1 M €

+13.3% YoY

Workforce

66,2 ETP

-0.6% YoY

What does Macotruck do?

Macotruck is a Public limited company incorporated in 1964. Its main activity is: Freight transport by road. Its registered office is in Brugge. It employs on average 66,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.596.907

Incorporation

24/12/1964

Legal form

Public limited company

Registered office

Koggenstraat 21
8380 Brugge · FlandreSee on map

Contributed capital

93 000,00 €

Latest accounts

31/12/2025

Average workforce

66,2 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities

Joint committees (3)

140
14003
226

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	12,4 M €	+0.1%	12,4 M €		–		–		–		–		–		–		7,8 M €		–		6,9 M €	+3.4%	6,7 M €	+11.5%	6 M €	+3.7%	5,8 M €	+10.7%	5,2 M €	+7.7%	4,8 M €	+19.3%	4,1 M €		–		–		–
EBITDA	2,8 M €	-20.5%	3,5 M €	-27.6%	4,8 M €	+98.2%	2,4 M €	+77.2%	1,4 M €	-2.6%	1,4 M €	-6.0%	1,5 M €	-20.9%	1,9 M €	+42.9%	1,3 M €	+11.5%	1,2 M €	+19.1%	995,2 k €	+55.9%	638,3 k €	-3.1%	659 k €	-1.4%	668,2 k €	+0.9%	662,1 k €	-1.1%	669,6 k €	+5.8%	633 k €	+12.8%	560,9 k €	-25.6%	754 k €	+45.1%	519,7 k €
Operating result	1,7 M €	-31.9%	2,5 M €	-34.3%	3,9 M €	+157%	1,5 M €	+189%	522,6 k €	-2.1%	533,5 k €	-15.8%	634 k €	-47.2%	1,2 M €	+56.3%	769 k €	+6.4%	722,5 k €	+36.0%	531,2 k €	+378%	111,1 k €	-15.7%	131,8 k €	+44.2%	91,4 k €	-20.5%	115 k €	-55.7%	259,3 k €	+118%	118,7 k €	+36.5%	87 k €	-74.7%	343,2 k €	+83.8%	186,8 k €
Net result	1,4 M €	-30.7%	2 M €	-31.7%	3 M €	+166%	1,1 M €	+182%	395,9 k €	-6.0%	421,1 k €	-2.0%	429,6 k €	-49.1%	844,6 k €	+65.2%	511,3 k €	+3.2%	495,5 k €	+41.4%	350,5 k €	+236%	104,3 k €	+28.9%	80,9 k €	+64.7%	49,1 k €	-71.8%	174,1 k €	-10.2%	193,8 k €	+36.7%	141,7 k €	+26.3%	112,2 k €	-57.6%	264,5 k €	+61.4%	163,9 k €
Balance sheet
Equity	6,1 M €	+13.3%	5,4 M €	-23.4%	7,1 M €	+64.1%	4,3 M €	+27.5%	3,4 M €	+3.9%	3,3 M €	+10.9%	2,9 M €	+11.3%	2,6 M €	+17.2%	2,3 M €	+11.7%	2 M €	+12.3%	1,8 M €	+10.8%	1,6 M €	+5.0%	1,5 M €	+5.5%	1,5 M €	+3.5%	1,4 M €	+5.5%	1,3 M €	+7.5%	1,2 M €	+5.7%	1,2 M €	+5.6%	1,1 M €	+13.1%	988,1 k €
Total assets	10,2 M €	-5.5%	10,8 M €	+15.8%	9,3 M €	+32.0%	7 M €	+23.6%	5,7 M €	+3.0%	5,5 M €	+4.2%	5,3 M €	-5.0%	5,6 M €	+8.7%	5,1 M €	+27.6%	4 M €	+11.6%	3,6 M €	+1.1%	3,6 M €	+16.7%	3,1 M €	+3.4%	3 M €	-10.0%	3,3 M €	+5.2%	3,1 M €	+53.3%	2 M €	-0.4%	2 M €	+15.1%	1,8 M €	-2.7%	1,8 M €
Cash	6,8 k €	+1219%	518,6 €	-50.1%	1 k €	+1761%	55,9 €	-99.9%	75,3 k €	+16.2%	64,8 k €	+3.8%	62,4 k €	-3.8%	64,9 k €	+4.9%	61,9 k €	+33.6%	46,3 k €	+28.0%	36,2 k €	+1.4%	35,7 k €	+46.7%	24,3 k €	+34.6%	18,1 k €	-44.0%	32,3 k €	-23.0%	41,9 k €	+7.2%	39,1 k €	+70.8%	22,9 k €	-36.3%	35,9 k €	+103%	17,7 k €
Debts	3,9 M €	-25.2%	5,2 M €	+149%	2,1 M €	-19.7%	2,6 M €	+19.0%	2,2 M €	+1.6%	2,2 M €	-4.4%	2,3 M €	-20.2%	2,8 M €	+2.1%	2,8 M €	+46.8%	1,9 M €	+15.2%	1,6 M €	-11.3%	1,9 M €	+27.7%	1,5 M €	-2.9%	1,5 M €	-20.2%	1,9 M €	+11.6%	1,7 M €	+144%	688 k €	-9.8%	762,7 k €	+37.2%	555,8 k €	-23.9%	730,4 k €
Other
Workforce	66,2 ETP	-0.6%	66,6 ETP	-2.8%	68,5 ETP	+9.8%	62,4 ETP	+3.3%	60,4 ETP	-9.0%	66,4 ETP	-2.5%	68,1 ETP	+7.6%	63,3 ETP	+12.6%	56,2 ETP	+5.4%	53,3 ETP	+4.9%	50,8 ETP	+1.4%	50,1 ETP	+3.9%	48,2 ETP	+6.6%	45,2 ETP	+3.4%	43,7 ETP	+1.6%	43,0 ETP	+11.4%	38,6 ETP	-4.2%	40,3 ETP	+14.5%	35,2 ETP	+2.9%	34,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

WHITE GARDEN

Managing director · since 05 octobre 2023 · until 16 juin 2026 · 0866.566.128

Represented by Gino Withofs

Active

LAB UNITED

Director · since 08 juillet 2020 · until 16 juin 2026 · 0871.264.094

Represented by V. Maldague

Active

NJ Company

Director · since 08 juillet 2020 · until 16 juin 2026 · 0871.263.106

Represented by O. d'Hoop

Active

Ended mandates

WHITE GARDEN

Director · since 05 octobre 2023 · until 01 juin 2026 · 0866.566.128

Represented by Gino Withofs

Ended

WHITE GARDEN

Managing director · since 05 octobre 2023 · until 01 juin 2026 · 0866.566.128

Represented by Gino Withofs

Ended

LAB UNITED

Director · since 08 juillet 2020 · until 01 juin 2026 · 0871.264.094

Represented by V. Maldague

Ended

MK CONSULTANCY

Director · since 08 juillet 2020 · until 01 juin 2026 · 0838.047.534

Represented by M. Costenoble

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Abridged model	Abridged model	Abridged model	Abridged 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	19/06/2026	14/07/2025	02/08/2024	23/06/2023	21/06/2022	23/06/2021
General meeting	16/06/2026	02/06/2025	13/05/2024	01/06/2023	01/06/2022	21/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	16/06/2026	19/06/2026	Dutch	PDF
Full model	31/12/2024	02/06/2025	14/07/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	13/05/2024	02/08/2024	Dutch	PDF
Abridged model	31/12/2023	13/05/2024	13/05/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	23/06/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	21/06/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	23/06/2021	Dutch	PDF
Abridged model	31/12/2019	08/07/2020	17/08/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	15/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	06/06/2018	Dutch	PDF
Abridged modelCorrection	31/12/2016	01/06/2017	14/07/2017	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	01/06/2016	08/07/2016	Dutch	PDF
Full model	31/12/2014	01/06/2015	30/06/2015	Dutch	PDF
Full model	31/12/2013	02/06/2014	23/06/2014	Dutch	PDF
Full model	31/12/2012	03/06/2013	25/06/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	19/07/2012	Dutch	PDF
Full model	31/12/2010	01/06/2011	24/06/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	20/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	26/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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 · 3 active · 28 ended

Active mandates

WHITE GARDEN

Managing director · since 05 octobre 2023 · until 16 juin 2026 · 0866.566.128

Represented by Gino Withofs

Active

LAB UNITED

Director · since 08 juillet 2020 · until 16 juin 2026 · 0871.264.094

Represented by V. Maldague

Active

NJ Company

Director · since 08 juillet 2020 · until 16 juin 2026 · 0871.263.106

Represented by O. d'Hoop

Active

Ended mandates

WHITE GARDEN

Director · since 05 octobre 2023 · until 01 juin 2026 · 0866.566.128

Represented by Gino Withofs

Ended

WHITE GARDEN

Managing director · since 05 octobre 2023 · until 01 juin 2026 · 0866.566.128

Represented by Gino Withofs

Ended

LAB UNITED

Director · since 08 juillet 2020 · until 01 juin 2026 · 0871.264.094

Represented by V. Maldague

Ended

MK CONSULTANCY

Director · since 08 juillet 2020 · until 01 juin 2026 · 0838.047.534

Represented by M. Costenoble

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/08/2026
Mandaat bestuurders
PDF
Mandates12/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other29/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2020
ONTSLAGEN - BENOEMINGEN
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 20251,4 M €↓
2024
Annual accounts 20242 M €↓
2023
Annual accounts 20233 M €↑
2022
Annual accounts 20221,1 M €↑
2021
Annual accounts 2021395,9 k €↓
2020
Annual accounts 2020421,1 k €↓
2019
Annual accounts 2019429,6 k €↓
2018
Annual accounts 2018844,6 k €↑
2017
Annual accounts 2017511,3 k €↑
2016
Annual accounts 2016495,5 k €↑
2015
Annual accounts 2015350,5 k €↑
2014
Annual accounts 2014104,3 k €↑
2013
Annual accounts 201380,9 k €↑
2012
Annual accounts 201249,1 k €↓
2011
Annual accounts 2011174,1 k €↓
2010
Annual accounts 2010193,8 k €↑
2009
Annual accounts 2009141,7 k €↑
2008
Annual accounts 2008112,2 k €↓
2007
Annual accounts 2007264,5 k €↑
2006
Annual accounts 2006163,9 k €
24/12/1964
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

Macotruck

Overview

What does Macotruck do?

Trend over 20 financial years

Indicative valuation

Board of directors

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