ACTIVE

MACON

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Financial year 2025 · closed on 30/09/2025

Net result

-1,4 k €

-102.0% YoY

Gross margin

101,9 k €

-41.3% YoY

Equity

2,2 M €

-8.8% YoY

What does MACON do?

MACON is a Private limited company incorporated in 1999. Its main activity is: Activities of holding companies. Its registered office is in Sint-Martens-Latem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.082.822

Incorporation

19/05/1999

Legal form

Private limited company

Registered office

Grote Moortel 13
9830 Sint-Martens-Latem · FlandreSee on map

Contributed capital

351 100,00 €

Latest accounts

30/09/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Signals

Solid 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	101,9 k €	-41.3%	173,5 k €	-46.9%	326,6 k €	-16.0%	388,7 k €	+3.5%	375,4 k €	+62.1%	231,6 k €	+7.1%	216,2 k €	-52.3%	453 k €	+50.1%	301,9 k €	+1.4%	297,6 k €	+0.3%	296,7 k €	+80.5%	164,4 k €	-28.1%	228,7 k €	-13.2%	263,6 k €	+25.5%	210,1 k €	+25.7%	167,1 k €	+5.0%	159,2 k €	+45.9%	109,1 k €	+534%	17,2 k €	+356%	3,8 k €
EBITDA	96,4 k €	-42.7%	168,2 k €	-47.7%	321,6 k €	-16.5%	385,3 k €	+4.1%	369,9 k €	+81.1%	204,3 k €	-3.5%	211,7 k €	-52.8%	448,1 k €	+51.2%	296,3 k €	+0.9%	293,7 k €	+1.2%	290,2 k €	+79.2%	161,9 k €	-27.7%	224 k €	-13.8%	259,8 k €	+24.8%	208,1 k €	+26.7%	164,3 k €	+3.9%	158,1 k €	+47.2%	107,4 k €	+670%	13,9 k €	+498%	2,3 k €
Operating result	2,6 k €	-96.9%	84,3 k €	-63.3%	229,8 k €	-26.3%	311,9 k €	+12.8%	276,6 k €	+148%	111,6 k €	+7102%	1,5 k €	-99.5%	341,3 k €	+70.1%	200,6 k €	-5.7%	212,7 k €	+1.0%	210,6 k €	+135%	89,5 k €	-18.0%	109,2 k €	-12.5%	124,8 k €	+53.6%	81,2 k €	+41.1%	57,5 k €	-38.8%	94 k €	+122%	42,4 k €	+1437%	2,8 k €	+720%	-445,3 €
Net result	-1,4 k €	-102%	69,1 k €	-60.1%	173 k €	-17.1%	208,7 k €	-6.0%	222,1 k €	+215%	70,5 k €	+1040%	-7,5 k €	-104%	201,4 k €	-7.0%	216,5 k €	+4.0%	208,2 k €	-31.2%	302,6 k €	+84.5%	164 k €	+54.8%	106 k €	-48.1%	204,3 k €	+117%	94,1 k €	-55.1%	209,6 k €	-14.0%	243,6 k €	+916%	-29,9 k €	-102%	1,8 M €	+15320%	11,7 k €
Balance sheet
Equity	2,2 M €	-8.8%	2,4 M €	+2.9%	2,4 M €	+7.9%	2,2 M €	+10.5%	2 M €	+12.6%	1,8 M €	+4.1%	1,7 M €	-58.6%	4,1 M €	+5.2%	3,9 M €	+5.9%	3,7 M €	+6.0%	3,5 M €	+9.5%	3,2 M €	-5.6%	3,4 M €	+3.2%	3,3 M €	+6.7%	3,1 M €	-4.9%	3,2 M €	+7.0%	3 M €	+8.8%	2,8 M €	-1.1%	2,8 M €	+182%	988,2 k €
Total assets	2,2 M €	-9.7%	2,5 M €	-10.8%	2,8 M €	+5.0%	2,6 M €	-5.9%	2,8 M €	-17.9%	3,4 M €	-18.3%	4,2 M €	-10.1%	4,7 M €	+1.1%	4,6 M €	+1.5%	4,5 M €	+2.8%	4,4 M €	+1.8%	4,3 M €	-6.0%	4,6 M €	+3.1%	4,5 M €	+5.1%	4,3 M €	+1.4%	4,2 M €	+12.5%	3,7 M €	+10.5%	3,4 M €	+15.3%	2,9 M €	+168%	1,1 M €
Cash	169,2 k €	-56.2%	386,2 k €	-35.6%	599,4 k €	+35.1%	443,7 k €	+262%	122,4 k €	-87.1%	951,4 k €	+998%	86,7 k €	-90.3%	893,5 k €	+181%	318,1 k €	-59.2%	779,3 k €	+75.3%	444,5 k €	+14.9%	387 k €	+4.4%	370,5 k €	+52.1%	243,6 k €	-8.8%	267,2 k €	-68.6%	850,6 k €	-55.2%	1,9 M €	+3332%	55,3 k €	-19.0%	68,3 k €	-37.9%	109,9 k €
Debts	10 k €	-71.1%	34,5 k €	-91.5%	404,5 k €	-9.3%	445,9 k €	-45.7%	821,7 k €	-50.3%	1,7 M €	-33.6%	2,5 M €	+347%	557,3 k €	-21.4%	709,2 k €	-17.1%	855,7 k €	-9.2%	942,8 k €	-19.2%	1,2 M €	-6.9%	1,3 M €	+2.8%	1,2 M €	+1.4%	1,2 M €	+21.2%	992,8 k €	+36.1%	729,7 k €	+17.8%	619,2 k €	+333%	143 k €	+34.1%	106,6 k €

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 · 8 ended

Active mandates

EMKA - B

Director · 0449.243.226

Represented by Jenkins Lutgarde

Active

Guy Wynendaele

Director

Active

Ended mandates

EMKA - B

Director · since 24 septembre 2019 · 0449.243.226

Represented by Jenkins LUTGARDE

Ended

EMKA - B

Manager · since 10 janvier 2008 · 0449.243.226

Represented by Guy Wynendaele

Ended

EMKA - B

Manager · 0449.243.226

Ended

EMKA - B

Manager · 0449.243.226

Represented by Guy Wynendaele

Ended

At this address

Other companies at this address

Company	CBE no.
EMKA - B● Active	0449.243.226
Tuinarchitectuur Pieter Wynendaele● Active	0843.204.073

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	31/03/2026	30/04/2025	29/04/2024	28/04/2023	29/04/2022	18/05/2021
General meeting	28/03/2026	30/04/2025	26/04/2024	25/04/2023	28/04/2022	30/04/2021
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	30/09/2025	28/03/2026	31/03/2026	Dutch	PDF
Micro model	30/09/2024	30/04/2025	30/04/2025	Dutch	PDF
Micro model	30/09/2023	26/04/2024	29/04/2024	Dutch	PDF
Micro model	30/09/2022	25/04/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	28/04/2022	29/04/2022	Dutch	PDF
Abridged model	30/09/2020	30/04/2021	18/05/2021	Dutch	PDF
Abridged model	30/09/2019	31/03/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	30/03/2019	26/04/2019	Dutch	PDF
Abridged model	30/09/2017	31/03/2018	02/05/2018	Dutch	PDF
Abridged model	30/09/2016	25/03/2017	08/05/2017	Dutch	PDF
Abridged model	30/09/2015	26/03/2016	19/04/2016	Dutch	PDF
Abridged model	30/09/2014	30/03/2015	22/04/2015	Dutch	PDF
Abridged model	30/09/2013	22/03/2014	27/03/2014	Dutch	PDF
Abridged model	30/09/2012	13/05/2013	14/05/2013	Dutch	PDF
Abridged model	30/09/2011	24/03/2012	18/04/2012	Dutch	PDF
Abridged model	30/09/2010	26/03/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	27/03/2010	12/04/2010	Dutch	PDF
Abridged model	30/09/2008	28/03/2009	30/03/2009	Dutch	PDF
Abridged model	30/09/2007	22/03/2008	25/04/2008	Dutch	PDF
Abridged model	30/09/2006	24/03/2007	24/04/2007	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 · 8 ended

Active mandates

EMKA - B

Director · 0449.243.226

Represented by Jenkins Lutgarde

Active

Guy Wynendaele

Director

Active

Ended mandates

EMKA - B

Director · since 24 septembre 2019 · 0449.243.226

Represented by Jenkins LUTGARDE

Ended

EMKA - B

Manager · since 10 janvier 2008 · 0449.243.226

Represented by Guy Wynendaele

Ended

EMKA - B

Manager · 0449.243.226

Ended

EMKA - B

Manager · 0449.243.226

Represented by Guy Wynendaele

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/10/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/11/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office17/04/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/05/2008
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/08/2006
MAATSCHAPPELIJKE ZETEL
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 2025-1,4 k €↓
2024
Annual accounts 202469,1 k €↓
2023
Annual accounts 2023173 k €↓
2022
Annual accounts 2022208,7 k €↓
2021
Annual accounts 2021222,1 k €↑
2020
Annual accounts 202070,5 k €↑
2019
Annual accounts 2019-7,5 k €↓
2018
Annual accounts 2018201,4 k €↓
2017
Annual accounts 2017216,5 k €↑
2016
Annual accounts 2016208,2 k €↓
2015
Annual accounts 2015302,6 k €↑
2014
Annual accounts 2014164 k €↑
2013
Annual accounts 2013106 k €↓
2012
Annual accounts 2012204,3 k €↑
2011
Annual accounts 201194,1 k €↓
2010
Annual accounts 2010209,6 k €↓
2009
Annual accounts 2009243,6 k €↑
2008
Annual accounts 2008-29,9 k €↓
2007
Annual accounts 20071,8 M €↑
2006
Annual accounts 200611,7 k €
19/05/1999
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

MACON

Overview

What does MACON 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