Financials
Financial year 2025
MACADAM EUROPE NV from Vilvoorde, company number BE0881767513, closed financial year 2025 with a result of € 4.6 million after tax. For that financial year MACADAM EUROPE NV recorded revenue of € 18.7 million and equity of € 11.2 million. Compared with financial year 2024, the result moved from € 1.7 million to € 4.6 million. 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 August 19, 2026.
€ 11.2 million
▲ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.6 million
▲ 167% vs 2024
Profit after tax over the fiscal year.
€ 159,614
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
11 % of the profit went to the shareholders, mostly to ALBATROS MANAGEMENT COMPANY (100 % of the shares). That is where the money ends up.
People and assets in 2025
12
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 10% vs 2024
€ 148,800 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.
€ 185,739
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11.4 million
▼ 8% vs 2024
€ 2.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4.5 million
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 133 days on average.
€ 898,432
▲ 141% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 13,692,090 | € 18,733,567 | ▲ 37% |
| Gross margin | € 2,514,637 | € 1,832,627 | - | - | |
| Profit after taxes | € 3,177,468 | € 1,060,503 | € 1,737,338 | € 4,641,643 | ▲ 167% |
| Equity | € 6,398,048 | € 6,308,551 | € 7,012,389 | € 11,154,032 | ▲ 59% |
| Total debts | € 4,839,007 | € 14,863,825 | € 18,043,542 | € 17,277,009 | ▼ 4% |
| Cash | € 143,236 | € 188,132 | € 157,567 | € 159,614 | ▲ 1% |
| Retained profit | € 5,898,048 | € 5,808,551 | € 6,512,389 | € 10,654,032 | ▲ 64% |
| Dividend | € 1,350,000 | € 1,150,000 | € 1,033,500 | € 500,000 | ▼ 52% |
| Bank debt | € 2,512,379 | € 10,794,494 | € 12,310,151 | € 11,362,703 | ▼ 8% |
| Balance sheet total | € 11,237,055 | € 21,172,376 | € 25,055,931 | € 28,471,041 | ▲ 14% |
| Employees (FTE) | 3.9 | 7.4 | 11.1 | 12 | ▲ 0.9 |
Key figures of MACADAM EUROPE NV, 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 MACADAM EUROPE NV?
What happened at MACADAM EUROPE NV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ingels Consulting BV stepped down as director. NBB
- Strike Management Company BV stepped down as director. NBB
- L2 Capital BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.6 million (▲ 167% vs 2024). filed late Source: NBB ↗
- L2 Capital BV became a director. NBB
- Ingels Consulting BV became a director. NBB
- Strike Management Company BV became a director. NBB
- New establishment in Vilvoorde. KBO
In short
From € 3.2 million profit in 2022 to € 4.6 million profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2025, with € 4.6 million profit.
On average € 247,700 of value added per employee in 2023.
A new publication or filing at MACADAM EUROPE NV? 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
The stake of ALBATROS MANAGEMENT COMPANY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MACADAM EUROPE NVThe shares are held by ALBATROS MANAGEMENT COMPANY (100%). It owns 100% of MACADAM ROMANIA S.R.L, 100% of MACADAM DEUTSCHLAND, 100% of MACADAM NEDERLAND, 100% of MACADAM PORTUGAL UNIPESSOAL LDA, 100% of MACADAM AUTOMOTIV SWITZERLAND and 100% of MACADAM POLAND itself.
Directors
According to the 2025 annual accounts
Director · represented by Wilbert Ingels
Also active at: House of Invest, House of IT Support
since 2024 · until 2027
Managing director · represented by Bertrand Donck
Also active at: LEMAHIEU GROUP, LDCwood
since 2024 · until 2027
Director · represented by Tom Van de Voorde
since 2025 · until 2027
Shareholders
Participations
MACADAM ROMANIA S.R.L
100%
100%
MACADAM NEDERLAND
100%
MACADAM PORTUGAL UNIPESSOAL LDA
100%
MACADAM AUTOMOTIV SWITZERLAND
100%
MACADAM POLAND
100%
MACADAM CZECH S.R.O.
100%
Macadam Slovakia
100%
MACADAM TURKEY OTOMOTIV TICARET LIMITED SIRKETE
100%
MACADAM SPAIN
100%
MACADAM HUNGARY
100%
MACADAM ITALY
100%
MACADAM FRANCE
100%
MACADAM UK LIMITED
100%
MACADAM AUSTRIA
100%
100%
MACADAM AUTOMOTIV SWEDEN
100%
MAC CC
100%
100%
Establishments
Establishment units
Physical locations of this company
Schaarbeeklei 613
1800 Vilvoorde
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.
Details
- Company number
- 0881.767.513
- VAT number
- BE 0881.767.513
- Registered office
- Schaarbeeklei 613, 1800 Vilvoorde
- Names & denominations
- MACADAM EUROPE NV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2006
- Peppol
- Active · Active since 4 Dec 2025
- Contact
- macadam.be [email protected]
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Activiteiten van hoofdkantoren
Holdings