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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Macbeth 3 from Brussel, company number BE0719788795, closed financial year 2025 with a result of € -4.9 million after tax. For that financial year Macbeth 3 recorded a gross margin of € 1.9 million and equity of € -5.8 million. Compared with financial year 2024, the result moved from € -7.6 million to € -4.9 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ -5.8 million
▼ € 3.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.9 million
▲ 35 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1.5 million
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20.4 million.
Debts at end 2025
€ 53.5 million
▲ 26% vs 2024
Loans from banks and other lenders, long and short.
€ 64,247
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,924,541 | - | - | - | |
| Gross margin | - | € 646,434 | € -402,501 | € 1,912,370 | ▲ € 2.3 million |
| Profit after taxes | € -140,527 | € -6,934,069 | € -7,607,322 | € -4,931,441 | ▲ € 2.7 million |
| Equity | € -873,138 | € -2,807,207 | € -2,055,740 | € -5,809,564 | ▼ € 3.8 million |
| Total debts | € 47,869,603 | € 47,383,784 | € 48,628,918 | € 59,278,775 | ▲ 22% |
| Cash | € 2,175,995 | € 2,627,275 | € 1,922,211 | € 1,515,250 | ▼ 21% |
| Land & buildings | € 44,802,469 | € 40,174,825 | € 44,341,082 | € 51,186,842 | ▲ 15% |
| Retained profit | € -934,638 | € -7,868,707 | € -15,476,029 | € -20,407,470 | ▼ € 4.9 million |
| Bank debt | € 47,135,715 | € 45,882,541 | € 42,355,118 | € 53,498,908 | ▲ 26% |
| Balance sheet total | € 46,996,465 | € 44,576,577 | € 46,573,177 | € 53,469,211 | ▲ 15% |
Key figures of Macbeth 3, 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 Macbeth 3?
What happened at Macbeth 3 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4.9 million. Source: NBB ↗
- Nicolas KEIZER became a director. NBB
- Tobias Reinhilde Germaan SCHWAGTEN became a director. NBB
- Anne-Julie Marie-France BELLAIZE became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 140,527 loss in 2022 to € 4.9 million loss in 2025.
Management
Behind Macbeth 3 are Nicolas KEIZER, Tobias Reinhilde Germaan SCHWAGTEN and Anne-Julie Marie-France BELLAIZE.
Directors
According to the 2025 annual accounts
Nicolas KEIZER
Director
since 2024
Tobias Reinhilde Germaan SCHWAGTEN
Director
since 2023
Anne-Julie Marie-France BELLAIZE
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Koningsstraat 47
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →Banque Jules Joire et Cie
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Vlaams Pers-, Radio- en Televisie-Instituut
Vereniging van Vlaamse Mandatarissen
+44 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0719.788.795
- VAT number
- BE 0719.788.795
- Registered office
- Koningsstraat 47, 1000 Brussel
- Names & denominations
- Macbeth 3
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2019
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Opslag