M & C
ActiveM & C has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▲+8
Solvency27▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.08 against 1.11 in 2024; short-term debt: 92.5% and cash: 0.7% of total assets), and 98.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.9%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 7744 sector peers (2025).
NBB · sector comparisonPosition among 7744 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
6 d early
2023
6 d early
2022
4 d early
2021
20 d early
2020
9 d early
2019
46 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€31k▲ 39.3%
2024 · €23k
2018: €405k
2019: €151k
2020: €139k
2022: €35k
2023: €34k
2024: €23k
2018 → 2025
Total assets
€1.67M▲ 8.4%
2024 · €1.54M
2018: €909k
2019: €1.21M
2020: €1.44M
2022: €1.27M
2023: €1.41M
2024: €1.54M
2018 → 2025
Net result
€9k
2024 · €-12k
2018: €167k
2019: €121k
2020: €-13k
2022: €-108k
2023: €-826
2024: €-12k
2018 → 2025
Working capital
€118k▼ 21.6%
2024 · €151k
2018: €422k
2019: €147k
2020: €125k
2022: €21k
2023: €208k
2024: €151k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€139k-€35k▼ 74.7%€34k▼ 2.4%€23k▼ 34.2%€31k▲ 39.3%
Operating result€-5k-€-95k▼ 1,725%€37k€15k▼ 60.9%€43k▲ 198%
Net result€-13k-€-108k▼ 759%€-826▲ 99.2%€-12k▼ 1,317%€9k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 198% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.67M
Fixed assets
€7k▼ 41.2%
Current assets
€1.67M▲ 8.8%
Equity and liabilities €1.67M
Equity
€31k▲ 39.3%
Debt
€1.64M▲ 7.9%
The debt ratio falls from 98.5% to 98.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▲
2024 · €21k
Cash flow
€16k▲
2024 · €-6k
Solvency
1.9%▲
2024 · 1.5%
Current ratio
1.08▼
2024 · 1.11
Quick ratio
1.08▼
2024 · 1.11
Debt / equity
52.19▼
2024 · 67.35
ROE
28.2%▲
2024 · -51.9%
ROA
0.5%▲
2024 · -0.8%
Interest coverage
1.49▲
2024 · 0.80
Debt
€1.64M▲
2024 · €1.52M
Debt ≤ 1 year
€1.55M▲
2024 · €1.38M
Debt > 1 year
€94k▼
2024 · €140k
Income taxes
€706▼
2024 · €747
Staff costs
€433k▼
2024 · €443k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.54M€1.67M▲
Fixed assets21/28€12k€7k▼
Tangible fixed assets22/27€12k€7k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€4k€3k▼
Leasing and similar rights25€4k€0▼
Financial fixed assets28€0-
Current assets29/58€1.53M€1.67M▲
Amounts receivable within one year40/41€1.53M€1.65M▲
Trade receivables40€828k€942k▲
Other amounts receivable41€701k€707k▲
Cash at bank and in hand54/58€619€12k▲
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.67M▲
Equity10/15€23k€31k▲
Contributions10/11€19k€19k=
Reserves13€8k€13k▲
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€0▼
Other1319-€8k
Distributable reserves133€0€4k▲
Profit (loss) carried forward14€-5k€0▲
Amounts payable17/49€1.52M€1.64M▲
Amounts payable after more than one year17€140k€94k▼
Financial debts170/4€140k€94k▼
Amounts payable within one year42/48€1.38M€1.55M▲
Current portion of amounts payable after more than one year42€57k€51k▼
Trade debts44€782k€896k▲
Suppliers440/4€782k€896k▲
Taxes, remuneration and social security45€145k€197k▲
Taxes450/3€19k€110k▲
Remuneration and social security454/9€127k€88k▼
Other amounts payable47/48€396k€403k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€1k€0▼
Remuneration, social security and pensions62€443k€433k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€11k€10k▼
Non-recurring operating charges66A€10k€0▼
Gross operating margin9900€484k€493k▲
Operating profit (loss)9901€15k€43k▲
Financial income75/76B€89€0▼
Recurring financial income75€89€0▼
Financial charges65/66B€26k€34k▲
Recurring financial charges65€26k€34k▲
Profit (loss) for the period before taxes9903€-11k€10k▲
Income taxes67/77€747€706▼
Profit (loss) for the period9904€-12k€9k▲
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€-12k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€4k▲
Profit (loss) brought forward from the previous period14P-€-5k
Transfer from equity791/2€7k€0▼
Transfer to equity691/2€0€4k▲
To other reserves6921€0€4k▲
Social balance
Average headcount (FTE)90878.27.7▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after 4 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-108k
Net result drops to €-108k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 46 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
19 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, Heusden-Zolder · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Buitingweg 223550 Heusden-ZolderGround area
1.1 ha
Building footprint
5,986 m²
Volume, LiDAR
35,142 m³
2 parcels, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M & C
since 19872.033.074.666
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A1999/00S003 | Flanders | 6,608 m² | 1 · 4,490 m² | 12.9 m · 2 fl. |
| 71065A0205/00V015 | Flanders | 4,514 m² | 1 · 1,496 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 6,859 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1987
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.