ACTIVE

MACELLUM

Financial year 2025 · closed on 31/12/2025
Net result
24,3 k €
+10.8% YoY
Gross margin
230,1 k €
+9.0% YoY
Equity
687,6 k €
+3.7% YoY

What does MACELLUM do?

MACELLUM is a Public limited company incorporated in 2018. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0695.700.727
Incorporation
04/05/2018
Legal form
Public limited company
Registered office
Hurstweg 8
9000 Gent · FlandreSee on map
Contributed capital
600 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin230,1 k €211,1 k €189,5 k €212,5 k €176,1 k €149,6 k €187,9 k €
EBITDA206,3 k €186,6 k €166 k €155,4 k €157,9 k €132,1 k €160,7 k €
Operating result99,2 k €132,2 k €110,4 k €102,8 k €105,3 k €79,5 k €73,9 k €
Net result24,3 k €21,9 k €21 k €13,2 k €20,6 k €1,1 k €-14,5 k €
Balance sheet
Equity687,6 k €663,3 k €641,3 k €620,3 k €607,1 k €586,6 k €585,5 k €
Total assets3,8 M €4 M €4 M €3,8 M €3,9 M €3,5 M €3,3 M €
Cash437,3 €26,7 k €4,3 k €2,2 k €273,1 €2,4 k €47,9 k €
Debts3,1 M €3,2 M €3,3 M €2,9 M €3,2 M €2,8 M €2,8 M €
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 31/12/2025 · 2 active · 2 ended

Active mandates

VALMINVEST

Director · since 02 novembre 2023 · until 20 juin 2029 · 0464.033.548

Represented by Stefaan Vallaeys

Active
XL GROUP VLAANDEREN

Director · since 02 novembre 2023 · until 20 juin 2029 · 0816.880.946

Represented by Johan GOOSSENS

Active

Ended mandates

XL GROUP VLAANDEREN

Managing director · since 04 avril 2020 · until 21 mai 2026 · 0816.880.946

Represented by Johan GOOSSENS

Ended
VALMINVEST

Director · since 04 février 2020 · until 21 mai 2026 · 0464.033.548

Represented by Stefaan Vallaeys

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date30/07/202611/08/202515/07/202428/06/202322/08/202201/07/2021
General meeting17/06/202618/06/202519/06/202419/05/202319/05/202220/05/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202517/06/202630/07/2026DutchPDF
Micro model31/12/202418/06/202511/08/2025DutchPDF
Micro model31/12/202319/06/202415/07/2024DutchPDF
Micro model31/12/202219/05/202328/06/2023DutchPDF
Micro model31/12/202119/05/202222/08/2022DutchPDF
Micro model31/12/202020/05/202101/07/2021DutchPDF
Micro model31/12/201922/05/202022/01/2021DutchPDF
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 31/12/2025 · 2 active · 2 ended

Active mandates

VALMINVEST

Director · since 02 novembre 2023 · until 20 juin 2029 · 0464.033.548

Represented by Stefaan Vallaeys

Active
XL GROUP VLAANDEREN

Director · since 02 novembre 2023 · until 20 juin 2029 · 0816.880.946

Represented by Johan GOOSSENS

Active

Ended mandates

XL GROUP VLAANDEREN

Managing director · since 04 avril 2020 · until 21 mai 2026 · 0816.880.946

Represented by Johan GOOSSENS

Ended
VALMINVEST

Director · since 04 février 2020 · until 21 mai 2026 · 0464.033.548

Represented by Stefaan Vallaeys

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/11/2023
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates09/03/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/05/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202524,3 k €
  2. 2024
    Annual accounts 202421,9 k €
  3. 2023
    Annual accounts 202321 k €
  4. 2022
    Annual accounts 202213,2 k €
  5. 2021
    Annual accounts 202120,6 k €
  6. 2020
    Annual accounts 20201,1 k €
  7. 2019
    Annual accounts 2019-14,5 k €
  8. 04/05/2018
    IncorporationPublic limited company