ACTIVE

MACASA

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-30,2 k €

-2211.8% YoY

Gross margin

-30,2 k €

-1543.9% YoY

Equity

144,9 k €

-17.3% YoY

What does MACASA do?

MACASA is a Public limited company incorporated in 1986. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.932.416

Incorporation

07/05/1986

Legal form

Public limited company

Registered office

Avenue de la Forêt 184
1000 Bruxelles · BruxellesSee on map

Contributed capital

250 000,00 €

Latest accounts

31/12/2025

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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
Gross margin	-30,2 k €	-1544%	-1,8 k €	-104%	42,2 k €	+69.8%	24,8 k €	-20.9%	31,4 k €	-2.1%	32,1 k €	-11.6%	36,3 k €	+5.1%	34,5 k €	+111%	16,4 k €	+26.3%	13 k €	+308%	-6,2 k €	-130%	-2,7 k €	-127%	10,1 k €	-25.7%	13,6 k €	-61.7%	35,6 k €	+360%	-13,7 k €	+69.7%	-45,3 k €	-27.1%	-35,7 k €	-175%	47,8 k €	+247%	-32,5 k €
EBITDA	-30,6 k €	-1302%	-2,2 k €	-105%	41,6 k €	+70.4%	24,4 k €	-17.0%	29,4 k €	-6.7%	31,5 k €	-10.2%	35,1 k €	+2.8%	34,2 k €	+113%	16 k €	+27.0%	12,6 k €	+289%	-6,7 k €	-26.2%	-5,3 k €	-13.6%	-4,7 k €	-138%	12,3 k €	-64.0%	34,3 k €	+323%	-15,4 k €	+67.1%	-46,8 k €	-25.7%	-37,2 k €	-181%	45,8 k €	+217%	-39,1 k €
Operating result	-31 k €	-950%	-3 k €	-107%	40,5 k €	+70.2%	23,8 k €	-18.5%	29,2 k €	-6.8%	31,3 k €	-10.3%	34,9 k €	+2.8%	33,9 k €	+112%	16 k €	+27.0%	12,6 k €	+289%	-6,7 k €	-25.0%	-5,3 k €	+12.5%	-6,1 k €	-157%	10,8 k €	-68.4%	34 k €	+314%	-15,9 k €	+66.3%	-47,3 k €	-25.0%	-37,8 k €	-186%	44,2 k €	+202%	-43,3 k €
Net result	-30,2 k €	-2212%	-1,3 k €	-104%	33,1 k €	+24.8%	26,5 k €	-17.5%	32,2 k €	-7.4%	34,7 k €	-8.0%	37,7 k €	+4.6%	36,1 k €	+113%	16,9 k €	+41.0%	12 k €	+252%	-7,9 k €	-38.0%	-5,7 k €	-22.5%	-4,7 k €	-138%	12,2 k €	-64.6%	34,5 k €	+271%	-20,2 k €	+60.2%	-50,6 k €	+6.7%	-54,3 k €	-241%	38,6 k €	+216%	-33,3 k €
Balance sheet
Equity	144,9 k €	-17.3%	175,1 k €	-0.7%	176,4 k €	+23.1%	143,3 k €	+22.7%	116,8 k €	+38.0%	84,6 k €	+69.6%	49,9 k €	+310%	12,2 k €	+151%	-23,9 k €	+41.5%	-40,9 k €	+22.7%	-52,9 k €	-17.6%	-45 k €	-14.6%	-39,2 k €	-13.6%	-34,5 k €	+26.1%	-46,8 k €	+42.5%	-81,3 k €	-33.0%	-61,1 k €	-482%	-10,5 k €	-124%	43,8 k €	+737%	5,2 k €
Total assets	160,7 k €	-8.9%	176,4 k €	-11.5%	199,4 k €	+26.2%	157,9 k €	+24.1%	127,3 k €	+39.7%	91,1 k €	+50.9%	60,4 k €	-7.8%	65,5 k €	+29.2%	50,7 k €	+13.7%	44,6 k €	+22.1%	36,5 k €	+6.5%	34,3 k €	-15.1%	40,4 k €	-61.4%	104,4 k €	+28.1%	81,5 k €	-26.8%	111,5 k €	-30.3%	159,8 k €	-8.6%	174,9 k €	-4.3%	182,9 k €	-29.8%	260,7 k €
Cash	10,8 k €	-79.0%	51,4 k €	-29.8%	73,2 k €	+28.3%	57,1 k €	-9.8%	63,3 k €	+110%	30,1 k €	+65.7%	18,1 k €	+33.6%	13,6 k €	-22.1%	17,4 k €	+26.1%	13,8 k €	+186%	4,8 k €	+238%	1,4 k €	-81.0%	7,5 k €	-21.7%	9,6 k €	-74.6%	37,8 k €	+217%	11,9 k €	+32.0%	9 k €	-18.3%	11,1 k €	+29.8%	8,5 k €	-76.3%	36 k €
Debts	15,8 k €	+1123%	1,3 k €	-94.4%	23 k €	+56.7%	14,7 k €	+38.8%	10,6 k €	+61.4%	6,5 k €	-37.7%	10,5 k €	-80.3%	53,4 k €	-28.5%	74,6 k €	-12.7%	85,4 k €	-4.4%	89,4 k €	+12.8%	79,2 k €	-0.4%	79,6 k €	-42.7%	139 k €	+10.6%	125,6 k €	-34.8%	192,7 k €	-12.8%	220,9 k €	+19.2%	185,4 k €	+33.3%	139,1 k €	-45.5%	255,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 17 ended

Active mandates

Caroline EL CHALOUHI

Director · since 30 mai 2023 · until 29 mai 2029

Active

John John EL CHALOUHI

Director · since 30 mai 2023 · until 29 mai 2029

Active

Martine SARAFIAN

Managing director · since 30 mai 2023 · until 29 mai 2029

Active

Sayed EL CHALOUHI

Director · since 30 mai 2023 · until 29 mai 2029

Active

Ended mandates

Caroline EL-CHALOUHI

Director · since 01 janvier 2023 · until 31 décembre 2028

Ended

John John EL CHALOUHI

Managing director · since 01 janvier 2023 · until 31 décembre 2028

Ended

Martine SARAFIAN

Managing director · since 01 janvier 2023 · until 31 décembre 2028

Ended

Sayed EL-CHALOUHI

Director · since 01 janvier 2023 · until 31 décembre 2028

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires de la Résidence Ariane à Bruxelles , avenue de la Foret 184● Active	0847.829.389
CALLIDA● Active	0781.636.490
Chauffage et Sanitaire● Liquidation	0407.005.070
GERMAINE MONTEIL● Active	0412.525.459
Suco Trade● Active	0424.805.857

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	26/08/2026	21/08/2025	22/08/2024	08/06/2023	07/06/2022	27/05/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	30/05/2023	31/05/2022	25/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/05/2026	26/08/2026	French	PDF
Micro model	31/12/2024	27/05/2025	21/08/2025	French	PDF
Micro model	31/12/2023	28/05/2024	22/08/2024	French	PDF
Micro model	31/12/2022	30/05/2023	08/06/2023	French	PDF
Micro model	31/12/2021	31/05/2022	07/06/2022	French	PDF
Micro model	31/12/2020	25/05/2021	27/05/2021	French	PDF
Micro model	31/12/2019	26/05/2020	11/06/2020	French	PDF
Micro model	31/12/2018	28/05/2019	19/06/2019	French	PDF
Micro model	31/12/2017	29/05/2018	14/06/2018	French	PDF
Micro model	31/12/2016	30/05/2017	12/06/2017	French	PDF
Abridged model	31/12/2015	31/05/2016	31/05/2016	French	PDF
Abridged model	31/12/2014	28/05/2015	11/06/2015	French	PDF
Abridged model	31/12/2013	28/05/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	28/05/2013	03/07/2013	French	PDF
Abridged model	31/12/2011	29/05/2012	13/07/2012	French	PDF
Abridged model	31/12/2010	31/05/2011	06/06/2011	French	PDF
Abridged model	31/12/2009	25/05/2010	18/06/2010	French	PDF
Abridged model	31/12/2008	26/05/2009	17/07/2009	French	PDF
Abridged model	31/12/2007	07/05/2008	18/08/2008	French	PDF
Abridged model	31/12/2006	29/05/2007	11/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 4 active · 17 ended

Active mandates

Caroline EL CHALOUHI

Director · since 30 mai 2023 · until 29 mai 2029

Active

John John EL CHALOUHI

Director · since 30 mai 2023 · until 29 mai 2029

Active

Martine SARAFIAN

Managing director · since 30 mai 2023 · until 29 mai 2029

Active

Sayed EL CHALOUHI

Director · since 30 mai 2023 · until 29 mai 2029

Active

Ended mandates

Caroline EL-CHALOUHI

Director · since 01 janvier 2023 · until 31 décembre 2028

Ended

John John EL CHALOUHI

Managing director · since 01 janvier 2023 · until 31 décembre 2028

Ended

Martine SARAFIAN

Managing director · since 01 janvier 2023 · until 31 décembre 2028

Ended

Sayed EL-CHALOUHI

Director · since 01 janvier 2023 · until 31 décembre 2028

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other15/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates10/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates11/06/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates14/07/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates29/06/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates19/03/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates31/01/2007
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 2025-30,2 k €↓
2024
Annual accounts 2024-1,3 k €↓
2023
Annual accounts 202333,1 k €↑
2022
Annual accounts 202226,5 k €↓
2021
Annual accounts 202132,2 k €↓
2020
Annual accounts 202034,7 k €↓
2019
Annual accounts 201937,7 k €↑
2018
Annual accounts 201836,1 k €↑
2017
Annual accounts 201716,9 k €↑
2016
Annual accounts 201612 k €↑
2015
Annual accounts 2015-7,9 k €↓
2014
Annual accounts 2014-5,7 k €↓
2013
Annual accounts 2013-4,7 k €↓
2012
Annual accounts 201212,2 k €↓
2011
Annual accounts 201134,5 k €↑
2010
Annual accounts 2010-20,2 k €↑
2009
Annual accounts 2009-50,6 k €↑
2008
Annual accounts 2008-54,3 k €↓
2007
Annual accounts 200738,6 k €↑
2006
Annual accounts 2006-33,3 k €
07/05/1986
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

MACASA

Overview

What does MACASA do?

Trend over 20 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