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 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAC-SQUARE from Brussel, company number BE0738895619, closed financial year 2025 with a result of € 164,103 after tax. For that financial year MAC-SQUARE recorded a gross margin of € 614,376 and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 1.2 million to € 164,103. The company is profitable. 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 July 9, 2026.
€ 3.1 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 164,103
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 109,800
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.1 million.
People and assets in 2025
8.2
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 494,460
▼ 3% vs 2024
€ 60,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,349
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 993,871
▼ 43% vs 2024
Loans from banks and other lenders, long and short.
€ 54,373
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,943
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 386,150 | € 743,345 | € 701,517 | € 614,376 | ▼ 12% |
| Profit after taxes | € 124,176 | € 1,479,531 | € 1,168,626 | € 164,103 | ▼ 86% |
| Equity | € 526,175 | € 2,005,705 | € 2,974,332 | € 3,138,434 | ▲ 6% |
| Total debts | € 8,877,302 | € 7,680,913 | € 6,208,351 | € 2,385,408 | ▼ 62% |
| Cash | € 437,478 | € 635,029 | € 283,057 | € 109,800 | ▼ 61% |
| Retained profit | € 514,175 | € 1,993,705 | € 2,962,332 | € 3,126,434 | ▲ 6% |
| Dividend | € 0 | € 0 | € 200,000 | € 0 | ▼ 100% |
| Bank debt | € 2,447,270 | € 2,116,403 | € 1,752,943 | € 993,871 | ▼ 43% |
| Balance sheet total | € 9,403,477 | € 9,686,619 | € 9,182,683 | € 5,523,842 | ▼ 40% |
| Employees (FTE) | - | 6.5 | 7.1 | 8.2 | ▲ 1.1 |
By gross margin, MAC-SQUARE ranks 107th of 1424 companies with main activity “Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies” in Brussel that publish figures (fiscal year 2025).
Key figures of MAC-SQUARE, 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.
Ask about MAC-SQUARE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to MAC-SQUARE?
What happened at MAC-SQUARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 164,103 (▼ 86% vs 2024). Source: NBB ↗
- New establishment in Lasne. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Brussel. KBO
In short
From € 124,176 profit in 2022 to € 164,103 profit in 2025.
Paid € 44,273 in corporate taxes since 2022.
Best year ever: 2023, with € 1.5 million profit.
On average € 74,900 of value added per employee in 2025.
Management
The stake of NAGUI MANAGEMENT GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAC-SQUAREBehind MAC-SQUARE is ATEF WAHBA. The shares are held by NAGUI MANAGEMENT GROUP (5%). It owns 100% of LCL-XL and 100% of LCL-DOX itself.
Directors
According to the 2025 annual accounts
Shareholders
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 244 box 7
1050 Brussel
Vieux Chemin de Wavre 39
1380 Lasne
Active since 1 July 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
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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 ↗- WAHBA Atef(comparant) 95%
- NAGUI MANAGEMENT GROUP INTERNATIONAL(comparant) 5%
Details
- Company number
- 0738.895.619
- VAT number
- BE 0738.895.619
- Registered office
- Franklin Rooseveltlaan 244 bus 7, 1050 Brussel
- Names & denominations
- MAC-SQUARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2019
- Peppol
- Active · Active since 22 May 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Overige zakelijke dienstverlening, neg