Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
Cuzzi & Macler from Etterbeek, company number BE0508518441, closed financial year 2026 with a result of € 5,792 after tax. For that financial year Cuzzi & Macler recorded a gross margin of € 7,307 and equity of € 965,064. Compared with financial year 2025, the result moved from € -5,424 to € 5,792. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2026.
€ 965,064
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,792
▲ still € 5,424 loss in 2025
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 327,464.
Debts at end 2026
€ 106,812
▼ 5% vs 2025
€ 16,752 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 93,323
▼ 63% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 28,937
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 38,303 | € 15,245 | € -707 | € 7,307 | ▲ € 8,014 |
| Profit after taxes | € 5,815 | € 8,067 | € -5,424 | € 5,792 | ▲ € 11,216 |
| Equity | € 956,629 | € 964,696 | € 959,271 | € 965,064 | ▲ 1% |
| Total debts | € 518,884 | € 505,208 | € 445,500 | € 475,501 | ▲ 7% |
| Cash | - | - | € 120 | - | |
| Retained profit | € 319,029 | € 327,096 | € 321,671 | € 327,464 | ▲ 2% |
| Bank debt | € 221,339 | € 191,068 | € 112,502 | € 106,812 | ▼ 5% |
| Balance sheet total | € 1,475,513 | € 1,469,904 | € 1,404,771 | € 1,440,564 | ▲ 3% |
Key figures of Cuzzi & Macler, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Cuzzi & Macler?
What happened at Cuzzi & Macler in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 5,792. Source: NBB ↗
- HAZEL INSIGHT SL became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Ukkel. KBO
In short
From € 5,815 profit in 2023 to € 5,792 profit in 2026.
Paid € 134 in corporate taxes since 2023.
Best year ever: 2024, with € 8,067 profit.
Management
Behind Cuzzi & Macler is HAZEL INSIGHT SL. It owns 76% of SHECCO itself.
Directors
According to the 2026 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Jachtlaan 133/135
1040 Etterbeek
Sterrewachtlaan 3/6
1180 Ukkel
Active since 17 December 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →CONCORD SYSTEM
€ -4,051 gross margin · 2025
SENUCA
€ -1,816 gross margin · 2025
Unit.aide
€ 252,941 gross margin · 2025
BUILD & BEYOND SOCIETY
€ 1,373 gross margin · 2024
Wanko Guy Médecine d'Urgence
€ 80,153 gross margin · 2024
+30 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Marc CHASSEROT(oprichter) 98.8%
- Nicole CUZZI(oprichter) 1.3%
Details
- Company number
- 0508.518.441
- VAT number
- BE 0508.518.441
- Registered office
- Jachtlaan 133/135, 1040 Etterbeek
- Names & denominations
- Cuzzi & Macler · CM+
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2012
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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