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GROUP MC

Active
Public limited companyfounded 198936 yrs activeAldestraat 44, 3500 Hasselt, BelgiumKBO/BCE: BE 0438.856.506
Summary

GROUP MC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of GROUP MC were filed more than 90 days after the deadline. The 2024 annual accounts show equity of €12.5m and a net result of €274,597. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 6166 sector peers (fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
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Signals

1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-11-2025, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
122 d late
2023
on the day
2022
on the day
2021
1 d early
2020
on the day
2019
153 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GROUP MC was incorporated on 6 November 1989.1 Total assets rose from EUR 25 million in 2018 to EUR 30 million in 2024 and headcount from 1 full-time equivalents in 2019 to 0.6 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€12.5m▲ 2.3%
2023 · €12.2m
Net result
€274,597▲ 371%
2023 · €58,294
Total assets
€30.2m▲ 3.2%
2023 · €29.3m
Solvency
41.2%▼ 0.4pp
2023 · 41.6%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€192,482▼ 22.8%€2.0m▲ 953%€42,645▼ 97.9%-€168,421-€41,100▲ 75.6%
Net result-€671,142below the sector's middle half€2.2mabove the sector's middle half€475,255above the sector's middle half▼ 78.2%€58,294within the sector's middle half▼ 87.7%€274,597above the sector's middle half▲ 371%
Equity€6.1mabove the sector's middle half▼ 9.9%€11.6mabove the sector's middle half▲ 89.8%€12.1mabove the sector's middle half▲ 4.1%€12.2mabove the sector's middle half▲ 0.5%€12.5mabove the sector's middle half▲ 2.3%
Total assets€25.9mabove the sector's middle half▲ 4.0%€25.1mabove the sector's middle half▼ 2.9%€28.8mabove the sector's middle half▲ 14.8%€29.3mabove the sector's middle half▲ 1.6%€30.2mabove the sector's middle half▲ 3.2%
Debt€19.7m▲ 9.2%€13.5m▼ 31.7%€16.7m▲ 24.0%€17.1m▲ 2.4%€17.7m▲ 3.8%
Working capital-€10.2mbelow the sector's middle half▲ 24.4%-€9.4mbelow the sector's middle half▲ 8.0%-€13.1mbelow the sector's middle half▼ 39.9%-€14.3mbelow the sector's middle half▼ 8.9%-€15.3mbelow the sector's middle half▼ 7.3%
Solvency23.7%below the sector's middle half▼ 3.7pp46.4%within the sector's middle half▲ 22.6pp42.1%within the sector's middle half▼ 4.3pp41.6%within the sector's middle half▼ 0.4pp41.2%within the sector's middle half▼ 0.4pp
Current ratio0.39within the sector's middle half▲ 0.330.10below the sector's middle half▼ 0.290.14below the sector's middle half▲ 0.040.13below the sector's middle half▼ 0.010.13below the sector's middle half=
Return on assets (ROA)-2.6%below the sector's middle half▼ 3.4pp8.7%within the sector's middle half▲ 11.3pp1.6%within the sector's middle half▼ 7.0pp0.2%below the sector's middle half▼ 1.5pp0.9%within the sector's middle half▲ 0.7pp
Staff (FTE)1.9within the sector's middle half▲ 90.0%2.2within the sector's middle half▲ 15.8%2within the sector's middle half▼ 9.1%1within the sector's middle half▼ 50.0%0.6within the sector's middle half▼ 40.0%
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.0m€0€1.0m€2.0mOperating result 2020: €192,482€192,482Net result 2020: -€671,142-€671,142Operating result 2021: €2.0m€2.0mNet result 2021: €2.2m€2.2mOperating result 2022: €42,645€42,645Net result 2022: €475,255€475,255Operating result 2023: -€168,421-€168,421Net result 2023: €58,294€58,294Operating result 2024: -€41,100-€41,100Net result 2024: €274,597€274,59720202021202220232024-€200,000€0€200,000€400,000Operating result 2022: €42,645€42,600Net result 2022: €475,255€475,000Operating result 2023: -€168,421-€168,000Net result 2023: €58,294€58,300Operating result 2024: -€41,100-€41,100Net result 2024: €274,597€275,000202220232024
The operating result stays negative: a loss of €41,100 in 2024 against €168,421 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30.2m
Fixed assets €27.9m ▲ 2.6%
Current assets €2.3m ▲ 10.8%
Equity and liabilities €30.2m
Equity €12.5m ▲ 2.3%
Debt €17.7m ▲ 3.8%
Debt's share of the balance-sheet total rises from 58.4% to 58.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
ROE
2.2%▲
2023 · 0.5%
Debt ≤ 1 year
€17.6m▲
2023 · €16.4m
Debt > 1 year
€102,096▼
2023 · €718,211
Income taxes
€8,834
Staff costs
€37,821▼
2023 · €63,012
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€29.3m€30.2m▲
Fixed assets21/28€27.2m€27.9m▲
Intangible fixed assets21-€511,803
Tangible fixed assets22/27€5.3m€5.2m▼
Land and buildings22€5.0m€4.9m▼
Plant, machinery and equipment23€3,284€3,284=
Furniture and vehicles24€225,380€348,042▲
Financial fixed assets28€21.9m€22.1m▲
Current assets29/58€2.1m€2.3m▲
Amounts receivable within one year40/41€1.9m€2.1m▲
Trade receivables40€132,990€409,569▲
Other amounts receivable41€1.7m€1.7m▼
Cash at bank and in hand54/58€42,337€8,995▼
Deferred charges and accrued income490/1€167,277€191,477▲
Equity and liabilities
Total equity and liabilities10/49€29.3m€30.2m▲
Equity10/15€12.2m€12.5m▲
Contributions10/11€6.3m€6.3m=
Capital10€6.3m€6.3m=
Issued capital100€6.3m€6.3m=
Reserves13€631,200€631,200=
Non-distributable reserves130/1€631,200€631,200=
Legal reserve130€631,200€631,200=
Profit (loss) carried forward14€5.2m€5.5m▲
Amounts payable17/49€17.1m€17.7m▲
Amounts payable after more than one year17€718,211€102,096▼
Financial debts170/4€718,211€102,096▼
Amounts payable within one year42/48€16.4m€17.6m▲
Current portion of amounts payable after more than one year42€824,515€652,937▼
Trade debts44€223,452€180,259▼
Suppliers440/4€223,452€180,259▼
Taxes, remuneration and social security45€47,101€36,067▼
Taxes450/3€38,428€35,137▼
Remuneration and social security454/9€8,673€931▼
Other amounts payable47/48€15.3m€16.8m▲
Accrued charges and deferred income492/3€4,000-
Income statement Code20232024
Remuneration, social security and pensions62€63,012€37,821▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€213,660€337,906▲
Other operating charges640/8€17,775€19,398▲
Gross operating margin9900€126,026€354,025▲
Operating profit (loss)9901-€168,421-€41,100▲
Financial income75/76B€248,499€341,614▲
Recurring financial income75€248,499€341,614▲
Financial charges65/66B€21,784€17,083▼
Recurring financial charges65€21,784€17,083▼
Profit (loss) for the period before taxes9903€58,294€283,431▲
Income taxes67/77-€8,834
Profit (loss) for the period9904€58,294€274,597▲
Profit (loss) for the period to be appropriated9905€58,294€274,597▲
Appropriation of the result
Profit (loss) to be appropriated9906€5.2m€5.5m▲
Profit (loss) brought forward from the previous period14P€5.2m€5.2m▲
Social balance
Average headcount (FTE)90871.00.6▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€133,790€131,918€63,012€37,821▼ 40.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€152,760€175,827€166,711€213,660€337,906▲ 58.2%
Other operating charges640/8-€42,018€15,535€17,775€19,398▲ 9.1%
Gross operating margin9900€489,109€2.4m€356,808€126,026€354,025▲ 181%
Operating profit (loss)9901€192,482€2.0m€42,645-€168,421-€41,100▲ 75.6%
Financial income75/76B-€515,842€466,361€248,499€341,614▲ 37.5%
Recurring financial income75€966,658€515,842€466,361€248,499€341,614▲ 37.5%
Financial charges65/66B-€102,502€26,638€21,784€17,083▼ 21.6%
Recurring financial charges65€1.8m€102,502€26,638€21,784€17,083▼ 21.6%
Profit (loss) for the period before taxes9903-€670,660€2.4m€482,368€58,294€283,431▲ 386%
Transfer from deferred taxes780-€221,673----
Income taxes67/77€482€480,000€7,113-€8,834-
Profit (loss) for the period9904-€671,142€2.2m€475,255€58,294€274,597▲ 371%
Transfer from tax-exempt reserves789-€430,300----
Profit (loss) for the period to be appropriated9905-€671,142€2.6m€475,255€58,294€274,597▲ 371%
Line20202021202220232024Change
Assets
Total assets20/58€25.9m€25.1m€28.8m€29.3m€30.2m▲ 3.2%
Fixed assets21/28€19.3m€24.0m€26.6m€27.2m€27.9m▲ 2.6%
Intangible fixed assets21----€511,803-
Tangible fixed assets22/27€5.0m€5.1m€5.0m€5.3m€5.2m▼ 0.9%
Land and buildings22-€5.0m€4.9m€5.0m€4.9m▼ 3.3%
Plant, machinery and equipment23--€1,662€3,284€3,284=
Furniture and vehicles24-€91,123€118,947€225,380€348,042▲ 54.4%
Financial fixed assets28€14.3m€18.9m€21.7m€21.9m€22.1m▲ 1.1%
Current assets29/58€6.6m€1.1m€2.2m€2.1m€2.3m▲ 10.8%
Amounts receivable within one year40/41€6.5m€879,208€1.9m€1.9m€2.1m▲ 12.5%
Trade receivables40-€499,125€176,364€132,990€409,569▲ 208%
Other amounts receivable41-€380,083€1.7m€1.7m€1.7m▼ 2.4%
Cash at bank and in hand54/58€1,691€44,312€121,519€42,337€8,995▼ 78.8%
Deferred charges and accrued income490/1-€171,254€167,277€167,277€191,477▲ 14.5%
Equity and liabilities
Total equity and liabilities10/49€25.9m€25.1m€28.8m€29.3m€30.2m▲ 3.2%
Equity10/15€6.1m€11.6m€12.1m€12.2m€12.5m▲ 2.3%
Contributions10/11€4.8m€6.3m€6.3m€6.3m€6.3m=
Capital10-€6.3m€6.3m€6.3m€6.3m=
Issued capital100-€6.3m€6.3m€6.3m€6.3m=
Reserves13€475,000€631,200€631,200€631,200€631,200=
Non-distributable reserves130/1-€631,200€631,200€631,200€631,200=
Legal reserve130-€631,200€631,200€631,200€631,200=
Profit (loss) carried forward14€910,330€4.7m€5.2m€5.2m€5.5m▲ 5.2%
Amounts payable17/49€19.7m€13.5m€16.7m€17.1m€17.7m▲ 3.8%
Amounts payable after more than one year17€3.0m€3.0m€1.4m€718,211€102,096▼ 85.8%
Financial debts170/4-€3.0m€1.4m€718,211€102,096▼ 85.8%
Amounts payable within one year42/48€16.8m€10.5m€15.3m€16.4m€17.6m▲ 7.7%
Current portion of amounts payable after more than one year42-€17,580€797,492€824,515€652,937▼ 20.8%
Trade debts44€138,674€197,323€2,125€223,452€180,259▼ 19.3%
Suppliers440/4-€197,323€2,125€223,452€180,259▼ 19.3%
Taxes, remuneration and social security45-€41,199€26,126€47,101€36,067▼ 23.4%
Taxes450/3-€30,148€17,651€38,428€35,137▼ 8.6%
Remuneration and social security454/9-€11,051€8,476€8,673€931▼ 89.3%
Other amounts payable47/48-€10.2m€14.5m€15.3m€16.8m▲ 9.8%
Accrued charges and deferred income492/3-€6,000€6,000€4,000--
Line20202021202220232024Change
Profit (loss) for the period9904-€671,142€2.2m€475,255€58,294€274,597▲ 371%
+ Depreciation and write-downs630€152,760€175,827€166,711€213,660€337,906▲ 58.2%
Operating cash flow (approximation)-€518,382€2.4m€641,966€271,954€612,504▲ 125%
Investment in fixed assets (approximation)--€4.9m-€2.8m-€748,940-€1.0m▼ 38.2%
Change in cash-€42,621€77,207-€79,182-€33,342▲ 57.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-11
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 122 days late
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-12
State Gazette act General meeting · Dissolution
Director resignation · Director appointment
31-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-10
State Gazette act General meeting · Director reappointment
Permanent representative
30-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €2.2m
Net result €2.2m after one loss-making year.
31-12
Financial Equity above €10mEq €11.6m ▲89.8%
Equity rises from €6.1m to €11.6m.
31-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet -€671,142
Net result drops to -€671,142, the lowest in the series; recovery starts the following year.
31-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 153 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
Show earlier events
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
1.7 ha
Building footprint
1,058 m²
Volume, LiDAR
4,139 m³
2 parcels, Flanders · tallest building 17.2 m, ±2 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
HENEGAUW
Luikersteenweg 467, 3500 HasseltAir transport
since 19902.048.976.530
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71324E0703/00V002 Flanders 1.6 ha 1 · 855 m² 17.2 m · 2 fl.
71022H1475/00A000
ProtectedMonumentBurgerhuis HeusdenSource ↗
Flanders 1,455 m² 1 · 203 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Connections & network

2 connected companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
MC Capital
Shared director
→
WILAN
Shared director
→

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 5,431 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded06-11-1989
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0438856506
Also 9925:BE0438856506

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.