ACTIVE

MACOVA

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Financial year 2025 · closed on 31/12/2025

Net result

21,1 k €

-56.3% YoY

Gross margin

194,6 k €

+3.5% YoY

Equity

324,6 k €

-3.8% YoY

What does MACOVA do?

MACOVA is a Private limited company incorporated in 1992. Its main activity is: Electrical installation. Its registered office is in Hulshout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.720.623

Incorporation

23/06/1992

Legal form

Private limited company

Registered office

Booischotseweg 105
2235 Hulshout · FlandreSee on map

Contributed capital

63 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74203Photographic activities+7

Joint committees (2)

14901
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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
Gross margin	194,6 k €	+3.5%	188 k €	+12.6%	166,9 k €	+34.0%	124,5 k €	+5.3%	118,2 k €	-11.0%	132,9 k €	+10.4%	120,4 k €	+101%	60 k €	+14.4%	52,4 k €	+66.4%	31,5 k €	-26.1%	42,6 k €	-2.3%	43,6 k €	-2.7%	44,8 k €	-10.1%	49,9 k €	+43.2%	34,8 k €	-3.6%	36,1 k €	-4.3%	37,7 k €	-31.4%	55 k €	-23.8%	72,1 k €	+145%	29,5 k €
EBITDA	100,8 k €	-19.4%	125 k €	+9.2%	114,5 k €	+49.5%	76,6 k €	+5.6%	72,5 k €	-19.1%	89,7 k €	+6.7%	84 k €	+44.2%	58,3 k €	+15.3%	50,5 k €	+70.4%	29,7 k €	-27.2%	40,7 k €	+23.0%	33,1 k €	-14.7%	38,8 k €	+11.2%	34,9 k €	+118%	16 k €	-45.5%	29,4 k €	-5.9%	31,3 k €	-13.5%	36,1 k €	+14.8%	31,4 k €	+334%	-13,4 k €
Operating result	45,7 k €	-42.0%	78,8 k €	+22.1%	64,5 k €	+120%	29,3 k €	+22.2%	24 k €	-53.7%	51,8 k €	+22.4%	42,3 k €	+44.5%	29,3 k €	-8.3%	32 k €	+270%	8,6 k €	-45.1%	15,7 k €	+33.5%	11,8 k €	-39.7%	19,5 k €	+164%	7,4 k €	+277%	-4,2 k €	-128%	15,1 k €	+5.8%	14,3 k €	-29.0%	20,2 k €	-16.5%	24,1 k €	+192%	-26,2 k €
Net result	21,1 k €	-56.3%	48,3 k €	+23.7%	39 k €	+132%	16,8 k €	+14.2%	14,7 k €	-63.8%	40,7 k €	+37.7%	29,6 k €	+26.0%	23,5 k €	-16.3%	28 k €	+902%	2,8 k €	-62.6%	7,5 k €	+132%	3,2 k €	-81.8%	17,8 k €	+1209%	1,4 k €	+119%	-7,1 k €	-192%	7,8 k €	-6.1%	8,3 k €	-52.6%	17,4 k €	-32.7%	25,9 k €	+184%	-30,9 k €
Balance sheet
Equity	324,6 k €	-3.8%	337,5 k €	+16.7%	289,2 k €	+15.6%	250,2 k €	+7.2%	233,3 k €	+6.7%	218,6 k €	+22.9%	177,9 k €	+19.9%	148,4 k €	+18.8%	124,9 k €	+28.9%	96,9 k €	+3.0%	94,1 k €	+8.6%	86,6 k €	+3.9%	83,4 k €	+14.8%	72,6 k €	+1.9%	71,3 k €	-9.1%	78,4 k €	+11.0%	70,6 k €	+13.3%	62,3 k €	+91.7%	32,5 k €	+185%	-38,4 k €
Total assets	936,2 k €	+29.1%	725,3 k €	+2.4%	708,6 k €	+7.3%	660,4 k €	-1.7%	671,6 k €	+9.0%	616,3 k €	+35.9%	453,4 k €	+19.8%	378,5 k €	+15.2%	328,6 k €	+105%	160,6 k €	-11.8%	182,2 k €	+14.2%	159,5 k €	-15.0%	187,7 k €	+0.7%	186,4 k €	-1.6%	189,4 k €	+14.2%	165,9 k €	-2.6%	170,3 k €	+17.5%	144,9 k €	+9.3%	132,6 k €	+51.3%	87,6 k €
Cash	81,8 k €	-29.7%	116,3 k €	+35.8%	85,6 k €	+2.9%	83,2 k €	+27.0%	65,5 k €	-13.8%	76 k €	+13.4%	67 k €	+26.3%	53,1 k €	+635%	7,2 k €	+143%	3 k €	-60.8%	7,6 k €	-35.6%	11,8 k €	-61.4%	30,5 k €	+72.4%	17,7 k €	-4.3%	18,5 k €	-17.3%	22,4 k €	-28.7%	31,4 k €	+13.9%	27,5 k €	+4033%	666,6 €	-51.2%	1,4 k €
Debts	611,6 k €	+57.7%	387,9 k €	-7.5%	419,4 k €	+2.2%	410,2 k €	-6.4%	438,2 k €	+10.2%	397,7 k €	+44.4%	275,5 k €	+19.7%	230,1 k €	+13.0%	203,7 k €	+220%	63,7 k €	-27.6%	88,1 k €	+20.8%	72,9 k €	-26.6%	99,3 k €	-8.7%	108,8 k €	-3.8%	113,1 k €	+37.1%	82,5 k €	-17.2%	99,7 k €	+20.7%	82,6 k €	-17.4%	100,1 k €	-20.6%	126 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-23.1%	1,3 ETP	+18.2%	1,1 ETP	+10.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 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 · 2 active · 4 ended

Active mandates

Joris Jacobs

Director · since 01 octobre 2020

Active

Maarten Friede Jacobs

Director · since 01 octobre 2020

Active

Ended mandates

Joris Jacobs

Director

Ended

Maarten Jacobs

Director

Ended

Maarten Jacobs

Manager

Ended

Marc JACOBS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Group Macova● Active	0791.656.491
Macova Electrotechnieken● Active	0755.638.611

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	03/06/2026	28/05/2025	03/07/2024	19/05/2023	02/06/2022	06/05/2021
General meeting	04/05/2026	05/05/2025	06/06/2024	02/05/2023	02/05/2022	03/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/05/2026	03/06/2026	Dutch	PDF
Micro model	31/12/2024	05/05/2025	28/05/2025	Dutch	PDF
Micro model	31/12/2023	06/06/2024	03/07/2024	Dutch	PDF
Micro model	31/12/2022	02/05/2023	19/05/2023	Dutch	PDF
Micro model	31/12/2021	02/05/2022	02/06/2022	Dutch	PDF
Micro model	31/12/2020	03/05/2021	06/05/2021	Dutch	PDF
Micro model	31/12/2019	04/05/2020	20/05/2020	Dutch	PDF
Micro model	31/12/2018	06/05/2019	04/06/2019	Dutch	PDF
Micro model	31/12/2017	07/05/2018	22/05/2018	Dutch	PDF
Micro model	31/12/2016	02/05/2017	24/05/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	17/05/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	26/05/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	06/05/2013	30/05/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	08/05/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	01/06/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	03/06/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	28/05/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	03/07/2007	Dutch	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 · 2 active · 4 ended

Active mandates

Joris Jacobs

Director · since 01 octobre 2020

Active

Maarten Friede Jacobs

Director · since 01 octobre 2020

Active

Ended mandates

Joris Jacobs

Director

Ended

Maarten Jacobs

Director

Ended

Maarten Jacobs

Manager

Ended

Marc JACOBS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/10/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/09/2007
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
PDF
Mandates13/08/2007
ONTSLAGEN - BENOEMINGEN
PDF
Other29/03/2004
DIVERSEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares21/10/2002
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - 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 202521,1 k €↓
2024
Annual accounts 202448,3 k €↑
2023
Annual accounts 202339 k €↑
2022
Annual accounts 202216,8 k €↑
2021
Annual accounts 202114,7 k €↓
2020
Annual accounts 202040,7 k €↑
2019
Annual accounts 201929,6 k €↑
2018
Annual accounts 201823,5 k €↓
2017
Annual accounts 201728 k €↑
2016
Annual accounts 20162,8 k €↓
2015
Annual accounts 20157,5 k €↑
2014
Annual accounts 20143,2 k €↓
2013
Annual accounts 201317,8 k €↑
2012
Annual accounts 20121,4 k €↑
2011
Annual accounts 2011-7,1 k €↓
2010
Annual accounts 20107,8 k €↓
2009
Annual accounts 20098,3 k €↓
2008
Annual accounts 200817,4 k €↓
2007
Annual accounts 200725,9 k €↑
2006
Annual accounts 2006-30,9 k €
23/06/1992
IncorporationPrivate 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

MACOVA

Overview

What does MACOVA 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