ACTIVE

MACOVAK

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Financial year 2024 · closed on 31/12/2024

Net result

176,8 k €

-24.7% YoY

Gross margin

916,1 k €

-15.2% YoY

Equity

1,2 M €

+17.9% YoY

Workforce

6,9 ETP

What does MACOVAK do?

MACOVAK is a Private limited company incorporated in 2003. Its main activity is: Manufacture of lifting and handling equipment. Its registered office is in Lint. It employs on average 6,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.351.486

Incorporation

29/10/2003

Legal form

Private limited company

Registered office

Lerenveld 45
2547 Lint · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Average workforce

6,9 ETP

Activities (NACE)

28220Manufacture of lifting and handling equipment· main 28220Manufacture of lifting and handling equipment 28990Manufacture of other special-purpose machinery n.e.c.28990Manufacture of other special-purpose machinery n.e.c.29220Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers 22120Manufacture of rubber products+2

Joint committees (8)

111
1110
149
14904
200
209
20900
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	916,1 k €	-15.2%	1,1 M €	+48.0%	729,9 k €	-9.8%	809,4 k €	+39.4%	580,8 k €	+28.6%	451,7 k €	+9.6%	412,2 k €	+24.4%	331,3 k €	-6.5%	354,3 k €	+109%	169,6 k €	-27.9%	235,2 k €	+44.4%	162,9 k €	+4.6%	155,7 k €	+3.6%	150,2 k €	+20.7%	124,5 k €	-10.7%	139,4 k €	+82.3%	76,5 k €
EBITDA	380 k €	-17.5%	460,6 k €	+276%	122,4 k €	-54.4%	268,3 k €	+54.1%	174,1 k €	+42.1%	122,5 k €	-5.7%	130 k €	+32.6%	98 k €	-42.3%	170 k €	+753%	19,9 k €	-82.0%	110,8 k €	+63.6%	67,7 k €	+95.1%	34,7 k €	-29.6%	49,3 k €	+33.3%	37 k €	-38.6%	60,3 k €	+150%	24,1 k €
Operating result	259,7 k €	-28.9%	365,4 k €	+994%	33,4 k €	-81.6%	181,4 k €	+68.8%	107,4 k €	+88.3%	57,1 k €	-19.9%	71,2 k €	+70.5%	41,8 k €	-65.5%	121,2 k €	+622%	-23,2 k €	-142%	54,8 k €	+133%	23,5 k €	+287%	-12,5 k €	-716%	2 k €	+111%	-18,3 k €	-228%	14,2 k €	+154%	5,6 k €
Net result	176,8 k €	-24.7%	234,8 k €	+825%	25,4 k €	-80.0%	126,9 k €	+74.4%	72,7 k €	+116%	33,7 k €	-21.3%	42,8 k €	+61.4%	26,5 k €	-69.5%	87,2 k €	+478%	-23 k €	-147%	49,5 k €	+154%	19,4 k €	+298%	-9,8 k €	-3080%	-309,2 €	+97.2%	-11,2 k €	-200%	11,1 k €	+57.8%	7,1 k €
Balance sheet
Equity	1,2 M €	+17.9%	989,5 k €	+19.6%	827,3 k €	+3.2%	802 k €	+142%	331,3 k €	+28.1%	258,6 k €	+15.0%	224,8 k €	+23.5%	182 k €	+17.1%	155,4 k €	+128%	68,3 k €	-25.2%	91,3 k €	+75.7%	52 k €	+17.9%	44,1 k €	-36.7%	69,7 k €	+33.5%	52,2 k €	+1.8%	51,3 k €	+14.7%	44,7 k €
Total assets	1,8 M €	+15.6%	1,6 M €	+9.7%	1,4 M €	+13.7%	1,3 M €	+28.0%	982,9 k €	+19.8%	820,3 k €	-0.2%	821,9 k €	-4.4%	859,6 k €	+25.7%	683,8 k €	+23.8%	552,2 k €	+0.5%	549,4 k €	+24.6%	441,1 k €	-12.1%	501,6 k €	-6.2%	535 k €	-8.7%	586 k €	+2.5%	571,6 k €	+384%	118 k €
Cash	97,9 k €	+129%	42,7 k €	-51.5%	88 k €	+34.0%	65,7 k €	+27.0%	51,7 k €	+2.7%	50,4 k €	+29.0%	39 k €	-37.7%	62,7 k €	+71.9%	36,5 k €	+24.7%	29,2 k €	-17.6%	35,5 k €	+51.4%	23,4 k €	-26.4%	31,8 k €	+182%	11,3 k €	-50.7%	22,9 k €	-26.7%	31,2 k €	+296%	7,9 k €
Debts	648 k €	+12.3%	577,2 k €	-4.0%	601,1 k €	+32.5%	453,7 k €	-29.2%	640,4 k €	+18.2%	541,9 k €	-4.9%	569,8 k €	-13.8%	661,2 k €	+28.2%	515,7 k €	+8.7%	474,4 k €	+28.2%	370,1 k €	-4.9%	389,1 k €	-14.9%	457,5 k €	-1.7%	465,3 k €	-12.8%	533,8 k €	+2.6%	520,3 k €	+610%	73,3 k €
Other
Workforce	6,9 ETP		–		–		9,0 ETP		–		6,7 ETP	+13.6%	5,9 ETP	+22.9%	4,8 ETP	-4.0%	5,0 ETP	+51.5%	3,3 ETP	+65.0%	2,0 ETP	0.0%	2,0 ETP	-31.0%	2,9 ETP	-3.3%	3,0 ETP	+30.4%	2,3 ETP	+15.0%	2,0 ETP	+53.8%	1,3 ETP

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 31/12/2024 · 1 active · 7 ended

Active mandates

MADIGIL

Director · since 30 décembre 2024 · 1018.045.583

Represented by Diego GILLAIN

Active

Ended mandates

DiegoGillain

Director · since 07 février 2024 · 0802.958.971

Represented by Diego GILLAIN

Ended

MGI PROJECTS

Director · since 07 février 2024 · 1003.599.513

Represented by Matthias GILLAIN

Ended

Didier Gillain

Director · since 15 juin 2015

Ended

Didier Gillain

Manager · since 15 juin 2015

Ended

At this address

Other companies at this address

Company	CBE no.
MADIGIL● Active	1018.045.583

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	31/07/2025	26/08/2024	14/07/2023	08/07/2022	15/07/2021	08/10/2020
General meeting	30/06/2025	28/06/2024	15/06/2023	15/06/2022	15/06/2021	08/09/2020
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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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	26/08/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	15/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	08/10/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	21/08/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	07/07/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	20/06/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	02/08/2011	Dutch	PDF
Abridged model	31/12/2009	15/06/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	18/06/2009	Dutch	PDF
Abridged model	31/12/2007	16/06/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	22/06/2007	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 31/12/2024 · 1 active · 7 ended

Active mandates

MADIGIL

Director · since 30 décembre 2024 · 1018.045.583

Represented by Diego GILLAIN

Active

Ended mandates

DiegoGillain

Director · since 07 février 2024 · 0802.958.971

Represented by Diego GILLAIN

Ended

MGI PROJECTS

Director · since 07 février 2024 · 1003.599.513

Represented by Matthias GILLAIN

Ended

Didier Gillain

Director · since 15 juin 2015

Ended

Didier Gillain

Manager · since 15 juin 2015

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/05/2008
MAATSCHAPPELIJKE ZETEL
PDF
Other05/11/2003
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

2024
Annual accounts 2024176,8 k €↓
2023
Annual accounts 2023234,8 k €↑
2022
Annual accounts 202225,4 k €↓
2021
Annual accounts 2021126,9 k €↑
2018
Annual accounts 201872,7 k €↑
2017
Annual accounts 201733,7 k €↓
2016
Annual accounts 201642,8 k €↑
2015
Annual accounts 201526,5 k €↓
2014
Annual accounts 201487,2 k €↑
2013
Annual accounts 2013-23 k €↓
2012
Annual accounts 201249,5 k €↑
2011
Annual accounts 201119,4 k €↑
2010
Annual accounts 2010-9,8 k €↓
2009
Annual accounts 2009-309,2 €↑
2008
Annual accounts 2008-11,2 k €↓
2007
Annual accounts 200711,1 k €↑
2006
Annual accounts 20067,1 k €
29/10/2003
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

MACOVAK

Overview

What does MACOVAK do?

Trend over 17 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