MACAN DEVELOPMENT
0508.869.423 · rovalta.com · 21/09/2026
ACTIVE
MACAN DEVELOPMENT
Financial year 2024 · closed on 31/12/2024
Net result
-4,7 M €
-1655.4% YoY
Revenue
214,2 k €
+223.2% YoY
Equity
9,3 M €
-33.7% YoY
Workforce
1,0 ETP
-79.2% YoY
Overview
What does MACAN DEVELOPMENT do?
MACAN DEVELOPMENT is a Public limited company incorporated in 2013. Its main activity is: Development of building projects. Its registered office is in Ixelles. It employs on average 1,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0508.869.423
Incorporation
03/01/2013
Legal form
Public limited company
Registered office
Avenue Louise 251
1050 Ixelles · BruxellesSee on map
1050 Ixelles · BruxellesSee on map
Contributed capital
5 600 000,00 €
Latest accounts
31/12/2024
Average workforce
1,0 ETP
Activities (NACE)
Signals
Healthy social debts
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Financials
Trend over 12 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||
| Revenue | 214,2 k € | +223% | 66,3 k € | -86.9% | 504,1 k € | -89.8% | 4,9 M € | – | – | – | – | – | – | – | – | ||||||||
| EBITDA | -658,2 k € | +59.9% | -1,6 M € | +8.2% | -1,8 M € | -195% | 1,9 M € | +217% | -1,6 M € | -157% | 2,8 M € | +1588% | 167,3 k € | +133% | -505,4 k € | +68.9% | -1,6 M € | -220% | -508,6 k € | +15.7% | -603,2 k € | -6.7% | -565,3 k € |
| Operating result | -870,4 k € | +48.7% | -1,7 M € | +7.7% | -1,8 M € | -204% | 1,8 M € | +204% | -1,7 M € | -163% | 2,7 M € | +3593% | 73,7 k € | +112% | -601,1 k € | +65.0% | -1,7 M € | -224% | -530,4 k € | +17.5% | -643 k € | -7.9% | -595,7 k € |
| Net result | -4,7 M € | -1655% | -268,7 k € | +93.0% | -3,9 M € | -208% | 3,6 M € | +202% | -3,5 M € | -121% | 16,4 M € | +3102% | -547,5 k € | -9.2% | -501,5 k € | +74.5% | -2 M € | -239% | 1,4 M € | +249% | -947,5 k € | -6.4% | -890,8 k € |
| Balance sheet | |||||||||||||||||||||||
| Equity | 9,3 M € | -33.7% | 14 M € | -1.9% | 14,3 M € | -21.3% | 18,1 M € | +20.1% | 15,1 M € | -18.8% | 18,6 M € | +760% | 2,2 M € | +256% | -1,4 M € | -56.4% | -888,7 k € | -183% | 1,1 M € | +418% | -338,4 k € | -156% | 609,2 k € |
| Total assets | 31,3 M € | -9.4% | 34,5 M € | +1.3% | 34,1 M € | +21.3% | 28,1 M € | -21.4% | 35,8 M € | -3.6% | 37,1 M € | -3.5% | 38,5 M € | +1.2% | 38 M € | +14.9% | 33,1 M € | +88.6% | 17,5 M € | -14.7% | 20,5 M € | +39.3% | 14,7 M € |
| Cash | 466,6 k € | -57.3% | 1,1 M € | +227% | 333,9 k € | -4.7% | 350,2 k € | +252% | 99,4 k € | -88.7% | 876,6 k € | +226% | 268,8 k € | +1019% | 24 k € | -98.1% | 1,2 M € | +16687% | 7,4 k € | -93.1% | 106,8 k € | +449% | 19,4 k € |
| Debts | 21,7 M € | +7.2% | 20,3 M € | +2.9% | 19,7 M € | +99.1% | 9,9 M € | -52.1% | 20,6 M € | +11.9% | 18,4 M € | -49.1% | 36,3 M € | -7.9% | 39,4 M € | +16.0% | 33,9 M € | +110% | 16,2 M € | -22.0% | 20,7 M € | +47.4% | 14,1 M € |
| Other | |||||||||||||||||||||||
| Workforce | 1,0 ETP | -79.2% | 4,8 ETP | 0.0% | 4,8 ETP | +45.5% | 3,3 ETP | +37.5% | 2,4 ETP | -50.0% | 4,8 ETP | +4.3% | 4,6 ETP | +24.3% | 3,7 ETP | +85.0% | 2,0 ETP | +5.3% | 1,9 ETP | +137% | 0,8 ETP | -20.0% | 1,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 15 ended
Active mandates
Active
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
| 0799.774.205 | |
AAC-SNC● Active | 0844.390.047 |
ACTION EUROPE● Active | 0644.409.404 |
Agathe De Brouwer Avocate● Active | 0795.278.749 |
AGRECO● Active | 0446.816.741 |
Agrer● Active | 0400.501.419 |
AIRWINDSS● Active | 0766.567.838 |
Alexandre Szmaj Investment● Judicial reorganisation | 0832.048.479 |
All Finances● Active | 0447.483.764 |
ALTERNATIVE● Active | 0899.280.466 |
ALT INVEST● Active | 0752.740.883 |
| 1010.597.864 | |
AMG TRANSPORT● Bankrupt | 0688.942.696 |
A.M VIRTUAL OFFICE● Active | 0686.777.222 |
AMY INVEST● Active | 0794.550.952 |
ANTWERP SR● Active | 0682.639.181 |
AQUASOURCA Belgique● Active | 0841.140.646 |
AREK● Active | 0703.875.451 |
ARTDEA● Active | 1003.394.031 |
AS Leisure● Active | 0786.486.886 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 27/06/2025 | 18/07/2024 | 29/06/2023 | 06/09/2022 | 04/08/2021 | 19/11/2020 |
| General meeting | 27/06/2025 | 18/07/2024 | 29/06/2023 | 06/09/2022 | 23/07/2021 | 26/10/2020 |
| 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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Try for 7 daysFilings
Annual accounts filings
12 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2024 | 27/06/2025 | 27/06/2025 | French | |
| Full model | 31/12/2023 | 18/07/2024 | 18/07/2024 | French | |
| Full model | 31/12/2022 | 29/06/2023 | 29/06/2023 | French | |
| Full model | 31/12/2021 | 06/09/2022 | 06/09/2022 | French | |
| Abridged model | 31/12/2020 | 23/07/2021 | 04/08/2021 | French | |
| Abridged model | 31/12/2019 | 26/10/2020 | 19/11/2020 | French | |
| Abridged model | 31/12/2018 | 16/09/2019 | 25/09/2019 | French | |
| Abridged model | 31/12/2017 | 13/03/2019 | 20/03/2019 | French | |
| Abridged model | 31/12/2016 | 10/01/2018 | 15/01/2018 | French | |
| Abridged model | 31/12/2015 | 03/10/2016 | 05/10/2016 | French | |
| Abridged model | 31/12/2014 | 25/09/2015 | 30/09/2015 | French | |
| Abridged model | 31/12/2013 | 09/02/2015 | 11/02/2015 | French |
Valuation
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.
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 31/12/2024 · 2 active · 15 ended
Active mandates
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates24/02/2026DEMISSIONS, NOMINATIONS
- Mandates22/08/2025DEMISSIONS, NOMINATIONS
- Mandates25/09/2023DEMISSIONS, NOMINATIONS
- Mandates20/10/2022DEMISSIONS, NOMINATIONS
- Mandates16/08/2022DEMISSIONS, NOMINATIONS
- Mandates07/01/2020DEMISSIONS, NOMINATIONS
- Mandates07/01/2020DEMISSIONS, NOMINATIONS
- Mandates28/11/2019DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024-4,7 M €↓
- 2023Annual accounts 2023-268,7 k €↑
- 2022Annual accounts 2022-3,9 M €↓
- 2021Annual accounts 20213,6 M €↑
- 2020Annual accounts 2020-3,5 M €↓
- 2019Annual accounts 201916,4 M €↑
- 2018Annual accounts 2018-547,5 k €↓
- 2017Annual accounts 2017-501,5 k €↑
- 2016Annual accounts 2016-2 M €↓
- 2015Annual accounts 20151,4 M €↑
- 2014Annual accounts 2014-947,5 k €↓
- 2013Annual accounts 2013-890,8 k €
- 03/01/2013IncorporationPublic limited company