ACTIVE

MAC

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Financial year 2025 · closed on 31/12/2025

Net result

6,6 k €

+11.4% YoY

Gross margin

27,5 k €

-43.1% YoY

Equity

121,5 k €

+14.7% YoY

What does MAC do?

MAC is a Private limited company incorporated in 1997. Its main activity is: Wholesale of agricultural machinery, equipment and supplies. Its registered office is in Heers.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.193.239

Incorporation

14/03/1997

Legal form

Private limited company

Registered office

Opheersstraat(Oph.) 111
3870 Heers · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

46610Wholesale of agricultural machinery, equipment and supplies· main 46610Wholesale of agricultural machinery, equipment and supplies 01410Raising of dairy cattle 01610Support activities for crop production 01610Support activities for crop production

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	27,5 k €	-43.1%	48,3 k €	+7.3%	45,0 k €	-14.7%	52,8 k €	-12.4%	60,3 k €	-6.8%	64,7 k €	+51.4%	42,7 k €	-27.3%	58,8 k €	+24.7%	47,1 k €	-2.5%	48,4 k €	-18.1%	59,0 k €	+269%	16,0 k €	-66.6%	47,9 k €	+18.3%	40,5 k €	+7.0%	37,8 k €	-35.4%	58,6 k €	+1.6%	57,7 k €	+51.5%	38,1 k €	+0.2%	38,0 k €	-12.2%	43,3 k €
EBITDA	27,4 k €	-43.2%	48,3 k €	+8.4%	44,5 k €	-14.3%	51,9 k €	-12.8%	59,5 k €	-7.3%	64,2 k €	+57.1%	40,8 k €	-29.9%	58,3 k €	+25.0%	46,7 k €	-2.4%	47,8 k €	-18.1%	58,4 k €	+286%	15,1 k €	-68.1%	47,4 k €	+17.8%	40,2 k €	+8.3%	37,2 k €	-3.7%	38,6 k €	-32.5%	57,2 k €	+52.6%	37,5 k €	+1.0%	37,1 k €	-13.3%	42,8 k €
Operating result	-9,0 k €	-803%	1,3 k €	+4157%	-31,6 €	-101%	3,8 k €	-16.1%	4,6 k €	-82.0%	25,4 k €	+1756%	1,4 k €	-85.2%	9,3 k €	+582%	-1,9 k €	+72.5%	-7,0 k €	-502%	1,7 k €	+107%	-24,0 k €	-796%	3,5 k €	+710%	-566,2 €	+42.2%	-979,7 €	-110%	10,0 k €	-9.8%	11,1 k €	+168%	4,2 k €	+23.7%	3,4 k €	-24.0%	4,4 k €
Net result	6,6 k €	+11.4%	5,9 k €	+25.1%	4,7 k €	-44.0%	8,4 k €	-17.5%	10,2 k €	-57.2%	23,8 k €	+1096%	-2,4 k €	-139%	6,2 k €	+195%	-6,5 k €	-75.9%	-3,7 k €	-173%	5,1 k €	-6.8%	5,5 k €	+67.9%	3,3 k €	+355%	-1,3 k €	+44.7%	-2,3 k €	-179%	2,9 k €	+45.8%	2,0 k €	+642%	270,0 €	+300%	-135,0 €	-309%	-33,0 €
Balance sheet
Equity	121,5 k €	+14.7%	106,0 k €	-0.5%	106,5 k €	-1.6%	108,2 k €	+1.9%	106,2 k €	+82.3%	58,3 k €	+69.2%	34,4 k €	-6.5%	36,8 k €	+20.2%	30,6 k €	-17.6%	37,2 k €	-9.1%	40,9 k €	+14.3%	35,8 k €	+18.1%	30,3 k €	+12.1%	27,0 k €	-4.5%	28,3 k €	-7.6%	30,6 k €	+10.6%	27,7 k €	+7.8%	25,7 k €	+1.1%	25,4 k €	-0.5%	25,6 k €
Total assets	208,2 k €	-4.8%	218,8 k €	+10.7%	197,6 k €	-9.8%	219,0 k €	-45.1%	399,3 k €	-3.9%	415,4 k €	+73.8%	239,0 k €	-11.5%	270,0 k €	-36.7%	426,2 k €	-0.3%	427,6 k €	+7.3%	398,6 k €	-28.4%	557,1 k €	+108%	267,9 k €	+26.3%	212,2 k €	-4.0%	221,0 k €	+9.9%	201,1 k €	-25.9%	271,3 k €	+17.3%	231,3 k €	+32.6%	174,5 k €	-24.7%	231,7 k €
Cash	23,2 k €	+1297%	1,7 k €	-77.0%	7,2 k €	+69.8%	4,3 k €	-91.7%	51,5 k €	+49.2%	34,5 k €	+354%	7,6 k €	+11.6%	6,8 k €	-33.7%	10,3 k €	-31.5%	15,0 k €	-41.8%	25,8 k €	+113%	12,1 k €		–		234,0 €	-97.6%	9,8 k €		–		–		12,0 k €	+1195600%	1,0 €	-100.0%	7,9 k €
Debts	86,6 k €	-23.2%	112,8 k €	+23.7%	91,1 k €	-17.8%	110,8 k €	-62.2%	293,1 k €	-17.9%	357,1 k €	+74.6%	204,5 k €	-10.3%	228,2 k €	-41.6%	390,6 k €	+1.3%	385,5 k €	+7.7%	357,8 k €	-31.4%	521,4 k €	+119%	237,7 k €	+28.4%	185,2 k €	-3.9%	192,7 k €	+13.0%	170,5 k €	-30.0%	243,6 k €	+18.5%	205,5 k €	+39.1%	147,7 k €	-28.0%	205,0 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 · 2 active · 12 ended

Active mandates

Francis MOES

Director

Active

Nicolas de Schaetzen Van Brienen

Director

Active

Ended mandates

Francis Moës

Mandate · since 30 juillet 2014 · until 29 juillet 2020

Ended

NICOLAS DE SCHAETZEN

Mandate · since 30 juillet 2014 · until 29 juillet 2020

Ended

Francis Moes

Managing director · since 30 juillet 2008 · until 29 juillet 2014

Ended

Nicolas de Schaetzen van Brienen

Managing director · since 30 juillet 2008 · until 29 juillet 2014

Ended

At this address

Other companies at this address

Company	CBE no.
AMN● Active	0783.257.182
MOES● Active	0473.330.504

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	30/08/2026	31/08/2025	28/08/2024	31/08/2023	29/08/2022	31/08/2021
General meeting	04/05/2026	05/05/2025	06/05/2024	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	30/08/2026	Dutch	PDF
Micro model	31/12/2024	05/05/2025	31/08/2025	Dutch	PDF
Micro model	31/12/2023	06/05/2024	28/08/2024	Dutch	PDF
Micro model	31/12/2022	02/05/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	02/05/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	03/05/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	04/05/2020	01/02/2021	Dutch	PDF
Micro model	31/12/2018	06/05/2019	08/09/2020	Dutch	PDF
Micro model	31/12/2017	07/05/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	02/05/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	29/12/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	19/11/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	06/05/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	23/08/2012	French	PDF
Abridged model	31/12/2010	02/05/2011	02/08/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	24/08/2010	French	PDF
Abridged model	31/12/2008	04/05/2009	10/08/2009	French	PDF
Abridged model	31/12/2007	05/05/2008	29/07/2008	French	PDF
Abridged model	31/12/2006	07/05/2007	14/08/2007	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 · 2 active · 12 ended

Active mandates

Francis MOES

Director

Active

Nicolas de Schaetzen Van Brienen

Director

Active

Ended mandates

Francis Moës

Mandate · since 30 juillet 2014 · until 29 juillet 2020

Ended

NICOLAS DE SCHAETZEN

Mandate · since 30 juillet 2014 · until 29 juillet 2020

Ended

Francis Moes

Managing director · since 30 juillet 2008 · until 29 juillet 2014

Ended

Nicolas de Schaetzen van Brienen

Managing director · since 30 juillet 2008 · until 29 juillet 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other27/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates18/01/2023
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/11/2010
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates16/10/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates22/05/2003
DEMISSIONS, NOMINATIONS
PDF
Mandates24/03/2003
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 20256,6 k €↑
2024
Annual accounts 20245,9 k €↑
2023
Annual accounts 20234,7 k €↓
2022
Annual accounts 20228,4 k €↓
2021
Annual accounts 202110,2 k €↓
2020
Annual accounts 202023,8 k €↑
2019
Annual accounts 2019-2,4 k €↓
2018
Annual accounts 20186,2 k €↑
2017
Annual accounts 2017-6,5 k €↓
2016
Annual accounts 2016-3,7 k €↓
2015
Annual accounts 20155,1 k €↓
2014
Annual accounts 20145,5 k €↑
2013
Annual accounts 20133,3 k €↑
2012
Annual accounts 2012-1,3 k €↑
2011
Annual accounts 2011-2,3 k €↓
2010
Annual accounts 20102,9 k €↑
2009
Annual accounts 20092,0 k €↑
2008
Annual accounts 2008270,0 €↑
2007
Annual accounts 2007-135,0 €↓
2006
Annual accounts 2006-33,0 €
14/03/1997
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

MAC

Overview

What does MAC 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