Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAKOL from Watermaal-Bosvoorde, company number BE0803439617, closed financial year 2025 with a result of € -51,124 after tax. For that financial year MAKOL recorded a gross margin of € -45,997 and equity of € -16,346. Compared with financial year 2024, the result moved from € 31,778 to € -51,124. 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 17, 2026.
€ -16,346
▼ € 51,124 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -51,124
▼ still € 31,778 profit in 2024
Profit after tax over the fiscal year.
€ 8,030
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -19,346.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,071
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,246
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,408
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 47,529 | € -45,997 | ▼ € 93,527 |
| Profit after taxes | € 31,778 | € -51,124 | ▼ € 82,902 |
| Equity | € 34,778 | € -16,346 | ▼ € 51,124 |
| Total debts | € 21,120 | € 57,771 | ▲ 174% |
| Cash | € 35,548 | € 8,030 | ▼ 77% |
| Retained profit | € 31,778 | € -19,346 | ▼ € 51,124 |
| Balance sheet total | € 55,898 | € 41,425 | ▼ 26% |
Key figures of MAKOL, fiscal years 2024 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 MAKOL?
What happened at MAKOL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 51,124 (▼ € 82,902 vs 2024). Source: NBB ↗
- New establishment in Ukkel. KBO
- Nicolas GRAUX became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 31,778 profit in 2024 to € 51,124 loss in 2025.
Paid € 8,408 in corporate taxes since 2024.
Best year ever: 2024, with € 31,778 profit.
A new publication or filing at MAKOL? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MAKOL is Nicolas GRAUX. Nicolas GRAUX is also behind LOCAT-TENTES and UNLOK.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Damhertlaan 11
1170 Watermaal-Bosvoorde
Sint-Jobsesteenweg 626
1180 Ukkel
Active since 1 November 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0803.439.617
- VAT number
- BE 0803.439.617
- Registered office
- Damhertlaan 11, 1170 Watermaal-Bosvoorde
- Names & denominations
- MAKOL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2023
- Peppol
- Active · Active since 30 Dec 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
Algemene bouw van residentiële gebouwen
Groothandel in wijnen en geestrijke dranken