ACTIVE

MACOL

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Financial year 2025 · closed on 30/09/2025

Net result

109,9 k €

-22.3% YoY

Gross margin

519,2 k €

-9.6% YoY

Equity

512 k €

0.0% YoY

Workforce

3,1 ETP

-16.2% YoY

What does MACOL do?

MACOL is a Public limited company incorporated in 1986. Its main activity is: Retail sale of music and video recordings in specialised stores. Its registered office is in Hooglede. It employs on average 3,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.964.475

Incorporation

04/12/1986

Legal form

Public limited company

Registered office

Bruggesteenweg 201
8830 Hooglede · FlandreSee on map

Contributed capital

192 500,00 €

Latest accounts

30/09/2025

Average workforce

3,1 ETP

Activities (NACE)

47632Retail sale of music and video recordings in specialised stores· main 47785Other retail sale of new goods in specialised stores 46730Wholesale of wood, construction materials and sanitary equipment 47830Retail sale via stalls and markets 52492Warehousing and support activities for transportation 64190Other monetary intermediation+2

Joint committees (3)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	519,2 k €	-9.6%	574,4 k €	-0.3%	575,9 k €	-10.4%	643 k €	-3.9%	669,3 k €	+8.9%	614,3 k €	+41.1%	435,4 k €	+25.1%	348,2 k €	+11.9%	311,1 k €	+24.7%	249,6 k €	-13.7%	289,1 k €	+22.6%	235,8 k €	-39.4%	389 k €	+139%	163,1 k €	+21.3%	134,4 k €	-0.5%	135,1 k €	+338%	30,9 k €	+476%	-8,2 k €	-132%	26 k €
EBITDA	233,1 k €	-17.2%	281,7 k €	-21.3%	358,1 k €	-21.1%	454,1 k €	-9.5%	501,8 k €	+8.2%	463,8 k €	+68.4%	275,4 k €	+44.7%	190,4 k €	+5.6%	180,3 k €	+11.4%	161,9 k €	+3.1%	156,9 k €	+25.8%	124,7 k €	-46.4%	232,5 k €	+162%	88,9 k €	+11.6%	79,6 k €	-16.1%	94,9 k €	+1117%	7,8 k €	+186%	-9,1 k €	-101%	-4,5 k €
Operating result	194,9 k €	-19.8%	242,8 k €	-21.7%	310,3 k €	-21.5%	395,3 k €	-10.8%	443 k €	+10.3%	401,5 k €	+90.6%	210,6 k €	+73.3%	121,5 k €	+1.3%	120 k €	+22.0%	98,4 k €	-9.6%	108,8 k €	+31.5%	82,7 k €	-52.1%	172,7 k €	+242%	50,5 k €	+30.9%	38,6 k €	-18.6%	47,4 k €	+232%	-35,8 k €	+8.2%	-39,1 k €	-50.9%	-25,9 k €
Net result	109,9 k €	-22.3%	141,5 k €	-36.5%	222,8 k €	-21.0%	282 k €	-13.1%	324,5 k €	+23.5%	262,7 k €	+86.5%	140,9 k €	+85.2%	76,1 k €	+9.3%	69,6 k €	-0.1%	69,7 k €	-17.8%	84,8 k €	+37.6%	61,6 k €	-59.4%	151,8 k €	+318%	36,3 k €	+26.6%	28,7 k €	-47.0%	54,2 k €	+375%	11,4 k €	+210%	-10,4 k €	-103%	369,6 k €
Balance sheet
Equity	512 k €	0.0%	512 k €	0.0%	512 k €	-70.1%	1,7 M €	+16.9%	1,5 M €	+25.5%	1,2 M €	+17.3%	995,2 k €	-10.7%	1,1 M €	+4.9%	1,1 M €	+4.5%	1 M €	+3.0%	986,9 k €	+6.8%	924,3 k €	+2.2%	904,6 k €	+18.3%	765 k €	+2.5%	746,6 k €	+4.0%	717,9 k €	-56.8%	1,7 M €	+0.7%	1,7 M €	-0.6%	1,7 M €
Total assets	2,4 M €	-8.3%	2,6 M €	+2.8%	2,5 M €	+10.5%	2,3 M €	+14.0%	2 M €	-2.3%	2 M €	+8.5%	1,9 M €	+6.9%	1,8 M €	+5.5%	1,7 M €	+5.5%	1,6 M €	-0.4%	1,6 M €	+7.1%	1,5 M €	+9.2%	1,4 M €	-8.3%	1,5 M €	+2.7%	1,4 M €	+3.3%	1,4 M €	-27.1%	1,9 M €	+5.1%	1,8 M €	+5.8%	1,7 M €
Cash	132,6 k €	-16.8%	159,5 k €	-13.0%	183,2 k €	-64.0%	508,8 k €	+13.1%	449,9 k €	-13.1%	517,9 k €	+20.0%	431,5 k €	+16.8%	369,5 k €	+14.1%	323,9 k €	+33.4%	242,9 k €	+12.0%	216,8 k €	+12.1%	193,5 k €	-19.0%	238,8 k €	+315%	57,5 k €	+50.8%	38,1 k €	+28.0%	29,8 k €	+66.5%	17,9 k €	-87.2%	139,9 k €	+466%	24,7 k €
Debts	1,9 M €	-10.7%	2,1 M €	+3.6%	2 M €	+259%	558,2 k €	+5.4%	529,7 k €	-39.5%	876,1 k €	-1.3%	887,7 k €	+37.1%	647,3 k €	+7.0%	605,2 k €	+11.0%	545,3 k €	-8.7%	597,2 k €	+7.4%	556,2 k €	+23.4%	450,9 k €	-37.1%	716,3 k €	+3.0%	695,2 k €	+2.5%	678,1 k €	+176%	245,4 k €	+45.5%	168,6 k €	+207%	55 k €
Other
Workforce	3,1 ETP	-16.2%	3,7 ETP	+2.8%	3,6 ETP	+9.1%	3,3 ETP	0.0%	3,3 ETP	+10.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+11.1%	2,7 ETP	+58.8%	1,7 ETP	-26.1%	2,3 ETP	-20.7%	2,9 ETP	+52.6%	1,9 ETP	+11.8%	1,7 ETP	-10.5%	1,9 ETP	+26.7%	1,5 ETP	+66.7%	0,9 ETP		–		0,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 13 ended

Active mandates

A & F ASSISTANCE

Director · since 01 avril 2023 · until 03 mars 2029 · 0811.543.570

Represented by Annick Houtsaeger

Active

FRAN INVEST

Director · since 01 avril 2023 · until 03 mars 2029 · 0799.772.225

Represented by Francis Verspeelt

Active

Ended mandates

FRAN INVEST

Director · since 20 avril 2023 · 0799.772.225

Represented by Francis Verspeelt

Ended

A & F ASSISTANCE

Director · since 01 avril 2023 · 0811.543.570

Represented by Houtsaeger ANNICK

Ended

FRAN INVEST

Director · since 01 avril 2023 · 0799.772.225

Represented by Francis Verspeelt

Ended

Bernard Maes

Director · since 03 mars 2018 · until 02 mars 2024

Ended

At this address

Other companies at this address

Company	CBE no.
FRAN INVEST● Active	0799.772.225

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	22/04/2025	30/04/2024	28/04/2023	22/03/2022	30/04/2021
General meeting	30/04/2026	18/04/2025	30/04/2024	04/03/2023	05/03/2022	06/03/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	30/04/2026	30/04/2026	Dutch	PDF
Abridged model	30/09/2024	18/04/2025	22/04/2025	Dutch	PDF
Abridged model	30/09/2023	30/04/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	04/03/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	05/03/2022	22/03/2022	Dutch	PDF
Abridged model	30/09/2020	06/03/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	07/03/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	02/03/2019	25/03/2019	Dutch	PDF
Abridged model	30/09/2017	03/03/2018	29/03/2018	Dutch	PDF
Abridged model	30/09/2016	04/03/2017	27/03/2017	Dutch	PDF
Abridged model	30/09/2015	05/03/2016	24/03/2016	Dutch	PDF
Abridged model	30/09/2014	07/03/2015	24/03/2015	Dutch	PDF
Abridged model	30/09/2013	01/03/2014	27/03/2014	Dutch	PDF
Abridged model	31/12/2011	05/05/2012	24/05/2012	Dutch	PDF
Abridged model	31/12/2010	07/05/2011	27/05/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/05/2009	29/05/2009	Dutch	PDF
Abridged model	31/12/2007	03/05/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	05/05/2007	24/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/09/2025 · 2 active · 13 ended

Active mandates

A & F ASSISTANCE

Director · since 01 avril 2023 · until 03 mars 2029 · 0811.543.570

Represented by Annick Houtsaeger

Active

FRAN INVEST

Director · since 01 avril 2023 · until 03 mars 2029 · 0799.772.225

Represented by Francis Verspeelt

Active

Ended mandates

FRAN INVEST

Director · since 20 avril 2023 · 0799.772.225

Represented by Francis Verspeelt

Ended

A & F ASSISTANCE

Director · since 01 avril 2023 · 0811.543.570

Represented by Houtsaeger ANNICK

Ended

FRAN INVEST

Director · since 01 avril 2023 · 0799.772.225

Represented by Francis Verspeelt

Ended

Bernard Maes

Director · since 03 mars 2018 · until 02 mars 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other22/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates07/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/10/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates03/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/03/2015
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares11/12/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office30/01/2013
MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025109,9 k €↓
2024
Annual accounts 2024141,5 k €↓
2023
Annual accounts 2023222,8 k €↓
2022
Annual accounts 2022282 k €↓
2021
Annual accounts 2021324,5 k €↑
2020
Annual accounts 2020262,7 k €↑
2019
Annual accounts 2019140,9 k €↑
2018
Annual accounts 201876,1 k €↑
2017
Annual accounts 201769,6 k €↓
2016
Annual accounts 201669,7 k €↓
2015
Annual accounts 201584,8 k €↑
2014
Annual accounts 201461,6 k €↓
2013
Annual accounts 2013151,8 k €↑
2011
Annual accounts 201136,3 k €↑
2010
Annual accounts 201028,7 k €↓
2009
Annual accounts 200954,2 k €↑
2008
Annual accounts 200811,4 k €↑
2007
Annual accounts 2007-10,4 k €↓
2006
Annual accounts 2006369,6 k €
04/12/1986
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

MACOL

Overview

What does MACOL do?

Trend over 19 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