ACTIVE

Macides

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Financial year 2025 · closed on 31/12/2025

Net result

1,5 M €

+45.4% YoY

Gross margin

712,9 k €

-53.3% YoY

Equity

4,7 M €

+41.8% YoY

What does Macides do?

Macides is a Private limited company incorporated in 2003. Its main activity is: Public relations and communication activities. Its registered office is in Diepenbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.338.960

Incorporation

16/01/2003

Legal form

Private limited company

Registered office

Laag Keizel 2 box A
3590 Diepenbeek · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

70210Public relations and communication activities· main 73300Advertising and market research 74141Specialised design activities 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 70200Management consultancy activities+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2007		2006
Income statement
Gross margin	712,9 k €	-53.3%	1,5 M €	+69.5%	899,8 k €	-42.0%	1,6 M €	+163%	591 k €	+87.8%	314,7 k €	+17.6%	267,7 k €	+49.6%	178,9 k €	+134%	76,6 k €	-33.7%	115,4 k €	+15.2%	100,2 k €	+19.8%	83,7 k €	-10.9%	93,9 k €	-25.0%	125,2 k €	-23.0%	162,6 k €	-4.1%	169,5 k €	-10.7%	189,9 k €	+147%	76,8 k €	+28.4%	59,8 k €
EBITDA	704,7 k €	-53.6%	1,5 M €	+71.3%	887,4 k €	-42.5%	1,5 M €	+166%	580,5 k €	+105%	283,5 k €	+11.9%	253,4 k €	+54.9%	163,6 k €	+197%	55,1 k €	-23.7%	72,2 k €	-26.0%	97,6 k €	+21.5%	80,3 k €	-11.9%	91,2 k €	-26.0%	123,3 k €	-22.7%	159,4 k €	-2.8%	164 k €	-0.8%	165,4 k €	+248%	47,6 k €	+274%	12,7 k €
Operating result	609,6 k €	-58.1%	1,5 M €	+74.1%	836,3 k €	-44.6%	1,5 M €	+187%	525,6 k €	+111%	248,9 k €	+14.2%	218 k €	+70.1%	128,2 k €	+560%	19,4 k €	-58.3%	46,6 k €	-18.9%	57,5 k €	+44.8%	39,7 k €	-7.3%	42,8 k €	-19.6%	53,2 k €	-57.4%	125 k €	-2.0%	127,5 k €	+2.6%	124,3 k €	+331%	28,9 k €	+904%	-3,6 k €
Net result	1,5 M €	+45.4%	1 M €	+86.1%	559,6 k €	-45.4%	1 M €	+206%	334,7 k €	+156%	130,6 k €	+2.2%	127,8 k €	+84.2%	69,4 k €	+1585%	4,1 k €	-84.8%	27,1 k €	-13.3%	31,2 k €	+41.9%	22 k €	+42.9%	15,4 k €	-66.9%	46,5 k €	-43.9%	82,9 k €	+2.0%	81,3 k €	+1.5%	80,1 k €	+332%	18,6 k €	+471%	-5 k €
Balance sheet
Equity	4,7 M €	+41.8%	3,3 M €	+41.2%	2,4 M €	+31.2%	1,8 M €	+117%	824,4 k €	+68.3%	489,8 k €	+36.4%	359,1 k €	+55.3%	231,3 k €	+42.8%	161,9 k €	+2.6%	157,8 k €	+20.7%	130,8 k €	-34.5%	199,5 k €	+12.4%	177,5 k €	+9.5%	162,2 k €	+40.2%	115,7 k €	+253%	32,8 k €	-80.9%	171,5 k €	+542%	26,7 k €	+725%	-4,3 k €
Total assets	5 M €	+38.2%	3,6 M €	+17.7%	3,1 M €	+12.1%	2,7 M €	+51.9%	1,8 M €	+9.9%	1,6 M €	+5.7%	1,6 M €	-4.1%	1,6 M €	-2.5%	1,7 M €	+122%	752,3 k €	+161%	287,8 k €	-23.9%	378,3 k €	-43.5%	669,2 k €	+21.9%	548,9 k €	+255%	154,6 k €	+49.7%	103,2 k €	-50.5%	208,6 k €	+160%	80,2 k €	+6.5%	75,3 k €
Cash	386,9 k €	+247%	111,5 k €	+44.0%	77,4 k €	+286%	20,1 k €	+15.6%	17,3 k €	+217%	5,5 k €	+280%	1,4 k €	-95.9%	34,9 k €	+1064%	3 k €	-92.2%	38,7 k €	+351%	8,6 k €	-79.1%	41,1 k €	+3687%	1,1 k €	-91.6%	12,9 k €	-41.5%	22 k €	+100%	11 k €	+726%	1,3 k €		–		1,7 k €
Debts	298,4 k €	+0.9%	295,7 k €	-59.5%	729,2 k €	-23.8%	956,6 k €	-3.0%	985,7 k €	-8.5%	1,1 M €	-10.1%	1,2 M €	-13.9%	1,4 M €	-7.4%	1,5 M €	+153%	594,5 k €	+278%	157,1 k €	-12.1%	178,7 k €	-63.6%	491,6 k €	+27.1%	386,7 k €	+893%	38,9 k €	-44.8%	70,5 k €	+89.9%	37,1 k €	-30.6%	53,5 k €	-32.8%	79,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP	-83.3%	0,6 ETP		–		0,0 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 · 1 active · 7 ended

Active mandates

Hans Desmet

Director · since 30 décembre 2002

Active

Ended mandates

Nadine Van Gaever

Manager · since 19 mai 2003

Ended

Hans Desmet

Manager · since 30 décembre 2002

Ended

Hans Desmet

Mandate

Ended

Hans Desmet

Director

Ended

At this address

Other companies at this address

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Domades● Active	0438.612.818
FDH Andalusians● Active	0715.394.103

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro 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	19/08/2026	30/07/2025	30/07/2024	31/07/2023	01/06/2022	26/07/2021
General meeting	18/04/2026	30/06/2025	30/06/2024	30/06/2023	18/05/2022	26/06/2021
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/04/2026	19/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Micro model	31/12/2021	18/05/2022	01/06/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	26/07/2021	Dutch	PDF
Abridged model	31/12/2019	18/04/2020	24/06/2020	Dutch	PDF
Micro model	31/12/2018	20/04/2019	01/07/2019	Dutch	PDF
Micro model	31/12/2017	21/04/2018	31/07/2018	Dutch	PDF
Micro model	31/12/2016	15/04/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	16/04/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/04/2015	01/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/04/2014	02/06/2014	Dutch	PDF
Abridged model	31/12/2012	20/04/2013	15/05/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	14/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	30/07/2009	Dutch	PDF
Abridged modelCorrection	31/12/2007	27/06/2008	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	30/07/2007	Dutch	PDF

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 · 1 active · 7 ended

Active mandates

Hans Desmet

Director · since 30 décembre 2002

Active

Ended mandates

Nadine Van Gaever

Manager · since 19 mai 2003

Ended

Hans Desmet

Manager · since 30 décembre 2002

Ended

Hans Desmet

Mandate

Ended

Hans Desmet

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other02/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates17/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/09/2022
MAATSCHAPPELIJKE ZETEL
PDF
Other01/02/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/01/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/09/2012
ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office14/09/2004
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/06/2003
ONTSLAGEN - BENOEMINGEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - DIVERSEN
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 20251,5 M €↑
2024
Annual accounts 20241 M €↑
2023
Annual accounts 2023559,6 k €↓
2023
Name changeMacides
2022
Annual accounts 20221 M €↑
2022
Name changeMacedes
2021
Annual accounts 2021334,7 k €↑
2021
Name changeManagement & Advies
2020
Annual accounts 2020130,6 k €↑
2019
Annual accounts 2019127,8 k €↑
2018
Annual accounts 201869,4 k €↑
2017
Annual accounts 20174,1 k €↓
2016
Annual accounts 201627,1 k €↓
2015
Annual accounts 201531,2 k €↑
2014
Annual accounts 201422 k €↑
2013
Annual accounts 201315,4 k €↓
2012
Annual accounts 201246,5 k €↓
2011
Annual accounts 201182,9 k €↑
2010
Annual accounts 201081,3 k €↑
2009
Annual accounts 200980,1 k €↑
2007
Annual accounts 200718,6 k €↑
2006
Annual accounts 2006-5 k €
16/01/2003
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

Macides

Overview

What does Macides do?

Trend over 19 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