ACTIVE

MAC² SOLUTIONS

Financial year 2025 · closed on 31/12/2025
Net result
-71,5 k €
-104.7% YoY
Revenue
11,8 M €
-14.8% YoY
Equity
5,3 M €
-1.3% YoY
Workforce
24,7 ETP
-2.4% YoY

What does MAC² SOLUTIONS do?

MAC² SOLUTIONS is a Public limited company incorporated in 1997. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Antwerpen. It employs on average 24,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.862.035
Incorporation
13/11/1997
Legal form
Public limited company
Registered office
Blauwe Weg 7
2030 Antwerpen · FlandreSee on map
Contributed capital
1 847 670,54 €
Latest accounts
31/12/2025
Average workforce
24,7 ETP
Joint committees (8)
  • 100
  • 116
  • 1160
  • 121
  • 200
  • 207
  • 2070
  • 218
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue11,8 M €13,8 M €13,2 M €11,7 M €9,2 M €8,8 M €7,4 M €8 M €7,8 M €7,7 M €8,3 M €8,2 M €7,3 M €6,6 M €6,6 M €7,9 M €7,4 M €8,8 M €8,1 M €6,5 M €
EBITDA1,3 M €2,8 M €1,9 M €1 M €765,3 k €449,2 k €207,7 k €870,2 k €833 k €1,1 M €2,5 M €335,8 k €667,9 k €1,2 M €87,6 k €86,8 k €1,6 M €3,3 M €3,3 M €1,6 M €
Operating result29,4 k €1,7 M €1,2 M €430 k €218,7 k €-79,4 k €-245,1 k €511,6 k €654,4 k €808,3 k €1,6 M €-751,4 k €-565,3 k €43,4 k €-1,1 M €-1,4 M €-441,9 k €1,8 M €1,9 M €357,4 k €
Net result-71,5 k €1,5 M €1,1 M €363,1 k €192,1 k €-100,1 k €-288,1 k €469,1 k €497,1 k €770,8 k €1,2 M €-449,7 k €-903,5 k €-144,2 k €-1,1 M €-2,4 M €-446,1 k €1,7 M €1,4 M €58 k €
Balance sheet
Equity5,3 M €5,4 M €3,9 M €2,8 M €2,4 M €2,2 M €2,3 M €3 M €2,5 M €3,2 M €2,5 M €1,3 M €1,7 M €1,1 M €1,3 M €2,3 M €6,4 M €7,5 M €5,8 M €2,4 M €
Total assets14,2 M €15,1 M €14,4 M €11,9 M €6,1 M €5,1 M €5,4 M €6,7 M €6,6 M €7,6 M €6,5 M €5,8 M €5,9 M €5,9 M €6 M €8 M €11,2 M €13,5 M €12,8 M €11,1 M €
Cash27,7 k €49,6 k €56,6 k €231,4 k €230,7 k €103,6 k €53,8 k €361,4 k €314,6 k €103,3 k €72,5 k €135,8 k €864,2 k €389,1 k €223,6 k €84,5 k €38,5 k €275 k €185,9 k €280,7 k €
Debts6,4 M €8 M €8,8 M €7,9 M €2,6 M €2,3 M €2,4 M €2,8 M €3 M €3,2 M €2,5 M €3,4 M €3,2 M €3,7 M €3,6 M €2,5 M €3,2 M €4,5 M €5,8 M €8,1 M €
Other
Workforce24,7 ETP25,3 ETP25,7 ETP26,8 ETP24,8 ETP23,4 ETP20,7 ETP19,9 ETP19,2 ETP18,4 ETP17,6 ETP20,6 ETP24,8 ETP28,3 ETP32,3 ETP32,2 ETP33,5 ETP31,7 ETP32,9 ETP32,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 55 ended

Active mandates

IGUANODON

Director · since 01 décembre 2025 · until 06 juin 2029 · 1019.179.295

Represented by Bernard Hallemans

Active
JEMI CONSULT

Director · since 01 décembre 2025 · until 06 juin 2029 · 0827.597.565

Represented by Tom Melotte

Active
BEFAS

Director · since 01 septembre 2023 · until 01 décembre 2025 · 0458.271.847

Represented by Fabienne Soetaers

Active
JEMI CONSULT

Managing director · since 01 septembre 2023 · until 06 juin 2029 · 0827.597.565

Represented by Louis MACHIELS

Active
Pampelonne

Director · since 01 septembre 2023 · until 01 décembre 2025 · 0781.387.854

Represented by Marieke Meugens

Active

Ended mandates

BEFAS

Director · since 01 septembre 2023 · until 06 juin 2029 · 0458.271.847

Represented by Fabienne SOETAERS

Ended
JEMI CONSULT

Managing director · since 01 septembre 2023 · until 06 juin 2029 · 0827.597.565

Represented by Louis Machiels

Ended
Pampelonne

Director · since 01 septembre 2023 · until 06 juin 2029 · 0781.387.854

Represented by Marieke Meugens

Ended
Helena Verjans

Director · since 19 mars 2021 · until 03 mai 2024

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202627/08/202527/06/202409/08/202312/08/202231/08/2021
General meeting30/06/202630/06/202505/06/202402/06/202301/06/202207/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202629/07/2026DutchPDF
Full model31/12/202430/06/202527/08/2025DutchPDF
Full model31/12/202305/06/202427/06/2024DutchPDF
Full model31/12/202202/06/202309/08/2023DutchPDF
Full model31/12/202101/06/202212/08/2022DutchPDF
Full model31/12/202007/05/202131/08/2021DutchPDF
Full model31/12/201902/05/202005/08/2020DutchPDF
Full model31/12/201803/05/201931/07/2019DutchPDF
Full model31/12/201704/05/201825/07/2018DutchPDF
Full model31/12/201605/05/201728/07/2017DutchPDF
Full model31/12/201506/05/201630/06/2016DutchPDF
Full model31/12/201404/05/201524/07/2015DutchPDF
Full model31/12/201330/06/201415/07/2014DutchPDF
Full model31/12/201205/07/201316/07/2013DutchPDF
Full model31/12/201116/11/201220/12/2012DutchPDF
Full model31/12/201030/06/201124/08/2011DutchPDF
Full model31/12/200907/05/201020/07/2010DutchPDF
Full model31/12/200804/05/200927/08/2009DutchPDF
Full model31/12/200702/05/200827/08/2008DutchPDF
Full model31/12/200604/05/200713/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 5 active · 55 ended

Active mandates

IGUANODON

Director · since 01 décembre 2025 · until 06 juin 2029 · 1019.179.295

Represented by Bernard Hallemans

Active
JEMI CONSULT

Director · since 01 décembre 2025 · until 06 juin 2029 · 0827.597.565

Represented by Tom Melotte

Active
BEFAS

Director · since 01 septembre 2023 · until 01 décembre 2025 · 0458.271.847

Represented by Fabienne Soetaers

Active
JEMI CONSULT

Managing director · since 01 septembre 2023 · until 06 juin 2029 · 0827.597.565

Represented by Louis MACHIELS

Active
Pampelonne

Director · since 01 septembre 2023 · until 01 décembre 2025 · 0781.387.854

Represented by Marieke Meugens

Active

Ended mandates

BEFAS

Director · since 01 septembre 2023 · until 06 juin 2029 · 0458.271.847

Represented by Fabienne SOETAERS

Ended
JEMI CONSULT

Managing director · since 01 septembre 2023 · until 06 juin 2029 · 0827.597.565

Represented by Louis Machiels

Ended
Pampelonne

Director · since 01 septembre 2023 · until 06 juin 2029 · 0781.387.854

Represented by Marieke Meugens

Ended
Helena Verjans

Director · since 19 mars 2021 · until 03 mai 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates04/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/11/2019
    KAPITAAL - AANDELEN
    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

Timeline

  1. 2025
    Annual accounts 2025-71,5 k €
  2. 2024
    Annual accounts 20241,5 M €
  3. 2023
    Annual accounts 20231,1 M €
  4. 2022
    Annual accounts 2022363,1 k €
  5. 2021
    Annual accounts 2021192,1 k €
  6. 2020
    Annual accounts 2020-100,1 k €
  7. 2019
    Annual accounts 2019-288,1 k €
  8. 2018
    Annual accounts 2018469,1 k €
  9. 2017
    Annual accounts 2017497,1 k €
  10. 2016
    Annual accounts 2016770,8 k €
  11. 2015
    Annual accounts 20151,2 M €
  12. 2014
    Annual accounts 2014-449,7 k €
  13. 2013
    Annual accounts 2013-903,5 k €
  14. 2012
    Annual accounts 2012-144,2 k €
  15. 2011
    Annual accounts 2011-1,1 M €
  16. 2010
    Annual accounts 2010-2,4 M €
  17. 2009
    Annual accounts 2009-446,1 k €
  18. 2008
    Annual accounts 20081,7 M €
  19. 2007
    Annual accounts 20071,4 M €
  20. 2006
    Annual accounts 200658 k €
  21. 13/11/1997
    IncorporationPublic limited company