Financials
Financial year 2025
MAC QUEEN from Tongeren-Borgloon, company number BE0437620844, closed financial year 2025 with a result of € -1,883 after tax. For that financial year MAC QUEEN recorded a gross margin of € 39,751 and equity of € 719,191. Compared with financial year 2024, the result moved from € 8,268 to € -1,883. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 719,191
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,883
▼ still € 8,268 profit in 2024
Profit after tax over the fiscal year.
€ 1,050
▲ € 1,040 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 434,191.
Debts at end 2025
€ 194,215
▼ 6% vs 2024
€ 31,551 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 5,362
▲ € 4,693 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,345 | € 43,027 | € 39,918 | € 39,751 | |
| Profit after taxes | € 24,362 | € 14,264 | € 8,268 | € -1,883 | ▼ € 10,150 |
| Equity | € 698,542 | € 712,807 | € 721,074 | € 719,191 | |
| Total debts | € 72,461 | € 176,265 | € 211,407 | € 212,757 | ▲ 1% |
| Cash | € 6,887 | € 2,057 | € 9 | € 1,050 | ▲ € 1,040 |
| Land & buildings | € 545,162 | € 544,537 | € 588,282 | € 612,434 | ▲ 4% |
| Retained profit | € 413,542 | € 427,807 | € 436,074 | € 434,191 | |
| Bank debt | € 8,333 | € 174,125 | € 206,532 | € 194,215 | ▼ 6% |
| Balance sheet total | € 771,004 | € 889,072 | € 932,481 | € 931,948 |
Key figures of MAC QUEEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MAC QUEEN?
What happened at MAC QUEEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jos Geladé stepped down as director. NBB
- Jenthe Geladé stepped down as director. NBB
- Jarne Geladé stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1,883 (▼ € 10,150 vs 2024). Source: NBB ↗
- Jos Geladé became a director. NBB
- Jenthe Geladé became a director. NBB
- Jarne Geladé became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
In short
From € 24,362 profit in 2022 to € 1,883 loss in 2025.
Paid € 18,337 in corporate taxes since 2022.
Best year ever: 2022, with € 24,362 profit.
Management
The stake of GELBOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAC QUEENThe shares are held by GELBOR (100%). It owns 99.3% of Mac Queen Projects itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
Shareholders
100%
Participations
99.3%
Establishments
Establishment units
Physical locations of this company
Tongersesteenweg 338
3840 Tongeren-Borgloon
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.620.844
- VAT number
- BE 0437.620.844
- Registered office
- Tongersesteenweg 338, 3840 Tongeren-Borgloon
- Names & denominations
- MAC QUEEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 1989
- Peppol
- Active · Active since 10 Aug 2025