MACAR
0454.123.514 · rovalta.com · 22/09/2026
ACTIVE
MACAR
Financial year 2025 · closed on 31/12/2025
Net result
9,4 k €
-78.0% YoY
Gross margin
20,1 k €
-74.6% YoY
Equity
66,3 k €
+16.5% YoY
Overview
What does MACAR do?
MACAR is a Private company with limited liability incorporated in 1994. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in La Louvière.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0454.123.514
Incorporation
22/12/1994
Legal form
Private company with limited liability
Registered office
Rue du Chêne Saint-Ghislain(M) 5
7110 La Louvière · WallonieSee on map
7110 La Louvière · WallonieSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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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 | 20,1 k € | -74.6% | 79,1 k € | +890% | 8 k € | +283% | -4,4 k € | -1020% | -389,3 € | -108% | 4,6 k € | -24.3% | 6,1 k € | +866% | -793 € | +64.6% | -2,2 k € | -114% | 15,9 k € | +93.6% | 8,2 k € | -31.6% | 12 k € | +171% | 4,4 k € | +161% | -7,3 k € | -150% | 14,6 k € | +11.6% | 13,1 k € | +483% | -3,4 k € | -218% | 2,9 k € | -79.8% | 14,3 k € | +43.2% | 10 k € |
| EBITDA | 18,8 k € | -70.2% | 63,1 k € | +976% | 5,9 k € | +232% | -4,4 k € | -697% | -555,2 € | -115% | 3,8 k € | +35.3% | 2,8 k € | +420% | -878 € | +62.6% | -2,3 k € | -115% | 15,8 k € | +103% | 7,8 k € | -34.7% | 11,9 k € | +205% | 3,9 k € | +151% | -7,7 k € | -168% | 11,3 k € | +10.8% | 10,2 k € | +247% | -7 k € | -454% | -1,3 k € | -112% | 10,6 k € | +8.4% | 9,7 k € |
| Operating result | 14,3 k € | -76.8% | 61,5 k € | +976% | 5,7 k € | +229% | -4,4 k € | -697% | -555,2 € | -115% | 3,8 k € | +35.3% | 2,8 k € | +420% | -878 € | +62.6% | -2,3 k € | -182% | 2,9 k € | -35.6% | 4,5 k € | -47.7% | 8,5 k € | +1360% | 584,5 € | +105% | -10,6 k € | -345% | 4,3 k € | +24.4% | 3,5 k € | +139% | -9,1 k € | -174% | -3,3 k € | -141% | 8,1 k € | +197% | 2,7 k € |
| Net result | 9,4 k € | -78.0% | 42,7 k € | +741% | 5,1 k € | +208% | -4,7 k € | -380% | -979 € | -132% | 3,1 k € | +92.8% | 1,6 k € | +239% | -1,1 k € | +56.4% | -2,6 k € | -271% | 1,5 k € | -47.9% | 2,9 k € | -62.6% | 7,9 k € | +5498% | 140,6 € | +101% | -13 k € | -466% | 3,5 k € | +41.6% | 2,5 k € | +127% | -9,4 k € | -139% | -3,9 k € | -155% | 7,2 k € | +274% | 1,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 66,3 k € | +16.5% | 56,9 k € | +302% | 14,2 k € | +55.9% | 9,1 k € | -34.1% | 13,8 k € | -6.6% | 14,8 k € | +26.3% | 11,7 k € | +15.8% | 10,1 k € | -10.2% | 11,2 k € | -18.9% | 13,9 k € | +12.4% | 12,3 k € | +31.4% | 9,4 k € | +517% | 1,5 k € | +10.2% | 1,4 k € | -90.4% | 14,4 k € | +32.7% | 10,8 k € | +30.1% | 8,3 k € | -53.1% | 17,8 k € | -18.2% | 21,7 k € | +49.8% | 14,5 k € |
| Total assets | 148,2 k € | +33.3% | 111,2 k € | +262% | 30,7 k € | +4.8% | 29,3 k € | +12.1% | 26,1 k € | -9.2% | 28,8 k € | +59.7% | 18 k € | -18.7% | 22,2 k € | -18.6% | 27,2 k € | -38.7% | 44,4 k € | -14.6% | 52 k € | +105% | 25,4 k € | +13.0% | 22,5 k € | +27.6% | 17,6 k € | -56.2% | 40,3 k € | -3.4% | 41,7 k € | +111% | 19,7 k € | -25.3% | 26,4 k € | -25.1% | 35,2 k € | -20.5% | 44,3 k € |
| Cash | 33,6 k € | -17.4% | 40,6 k € | +1050% | 3,5 k € | -60.7% | 9 k € | +36.9% | 6,6 k € | -27.6% | 9,1 k € | +106% | 4,4 k € | +41.0% | 3,1 k € | -73.3% | 11,7 k € | +90.7% | 6,1 k € | -58.0% | 14,6 k € | +81.1% | 8,1 k € | +116% | 3,7 k € | +8388% | 44 € | -96.3% | 1,2 k € | +131% | 513 € | +71.6% | 299 € | -73.4% | 1,1 k € | -81.2% | 6 k € | -4.5% | 6,3 k € |
| Debts | 81,9 k € | +50.8% | 54,3 k € | +228% | 16,5 k € | -18.2% | 20,2 k € | +63.7% | 12,3 k € | -11.8% | 14 k € | +121% | 6,3 k € | -47.6% | 12,1 k € | -24.5% | 16 k € | -47.6% | 30,6 k € | -23.1% | 39,7 k € | +147% | 16 k € | -23.5% | 21 k € | +29.0% | 16,3 k € | -37.1% | 25,9 k € | -16.1% | 30,8 k € | +171% | 11,4 k € | +31.9% | 8,6 k € | -36.2% | 13,5 k € | -54.7% | 29,8 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,4 ETP | -69.2% | 1,3 ETP | +333% | 0,3 ETP | – | |||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
KYRIAKO MANGIOGLOU
ActiveEnded mandates
ANTOINE MANGIOGLOU
EndedANTOINE MANGIOGLOU
EndedFinancials
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 | 01/01/2025 | 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 | 27/08/2026 | 01/08/2025 | 18/07/2024 | 28/09/2023 | 31/08/2022 | 28/07/2021 |
| General meeting | 05/06/2026 | 06/06/2025 | 07/06/2024 | 02/06/2023 | 03/06/2022 | 04/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 05/06/2026 | 27/08/2026 | French | |
| Abridged model | 31/12/2024 | 06/06/2025 | 01/08/2025 | French | |
| Abridged model | 31/12/2023 | 07/06/2024 | 18/07/2024 | French | |
| Abridged model | 31/12/2022 | 02/06/2023 | 28/09/2023 | French | |
| Abridged model | 31/12/2021 | 03/06/2022 | 31/08/2022 | French | |
| Abridged model | 31/12/2020 | 04/06/2021 | 28/07/2021 | French | |
| Abridged model | 31/12/2019 | 05/06/2020 | 19/08/2020 | French | |
| Abridged model | 31/12/2018 | 07/06/2019 | 29/08/2019 | French | |
| Abridged model | 31/12/2017 | 01/06/2018 | 24/08/2018 | French | |
| Abridged model | 31/12/2016 | 02/06/2017 | 28/08/2017 | French | |
| Abridged model | 31/12/2015 | 04/06/2016 | 29/08/2016 | French | |
| Abridged model | 31/12/2014 | 05/06/2015 | 29/08/2015 | French | |
| Abridged model | 31/12/2013 | 06/06/2014 | 05/08/2014 | French | |
| Abridged model | 31/12/2012 | 17/06/2013 | 29/08/2013 | French | |
| Abridged model | 31/12/2011 | 18/06/2012 | 28/08/2012 | French | |
| Abridged model | 31/12/2010 | 20/06/2011 | 30/08/2011 | French | |
| Abridged model | 31/12/2009 | 21/06/2010 | 30/08/2010 | French | |
| Abridged model | 31/12/2008 | 22/06/2009 | 29/08/2009 | French | |
| Abridged model | 31/12/2007 | 20/06/2008 | 28/08/2008 | French | |
| Abridged model | 31/12/2006 | 22/06/2007 | 29/08/2007 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
KYRIAKO MANGIOGLOU
ActiveEnded mandates
ANTOINE MANGIOGLOU
EndedANTOINE MANGIOGLOU
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20259,4 k €↓
- 2024Annual accounts 202442,7 k €↑
- 2023Annual accounts 20235,1 k €↑
- 2022Annual accounts 2022-4,7 k €↓
- 2021Annual accounts 2021-979 €↓
- 2020Annual accounts 20203,1 k €↑
- 2019Annual accounts 20191,6 k €↑
- 2018Annual accounts 2018-1,1 k €↑
- 2017Annual accounts 2017-2,6 k €↓
- 2016Annual accounts 20161,5 k €↓
- 2015Annual accounts 20152,9 k €↓
- 2014Annual accounts 20147,9 k €↑
- 2013Annual accounts 2013140,6 €↑
- 2012Annual accounts 2012-13 k €↓
- 2011Annual accounts 20113,5 k €↑
- 2010Annual accounts 20102,5 k €↑
- 2009Annual accounts 2009-9,4 k €↓
- 2008Annual accounts 2008-3,9 k €↓
- 2007Annual accounts 20077,2 k €↑
- 2006Annual accounts 20061,9 k €
- 22/12/1994IncorporationPrivate company with limited liability