M&C
The computed 12-month bankruptcy probability of M&C is 2.5% (moderate). The 2025 annual accounts show equity of €85k and a net result of €68k. Equity is growing by ~170.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 148 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €85k |
| Net result | €68k |
| Staff (FTE) | 6.6 |
| Better than sector | 80% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 64.0% | 42.1% | |
| Net result | €68k | €9k | |
| Equity | €85k | €43k | |
| Gross operating margin | €386k | €43k | |
| Staff costs | €284k | €36k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €101k |
| Net profit | €68k |
| Cash flow | €81k |
| Staff costs | €284k |
| Income taxes | €18k |
| Dividends | - |
| Total assets | €133k |
| Equity | €85k |
| Debt | €48k |
| of which ≤ 1y | €48k |
| of which > 1y | - |
| Working capital | €79k |
| Employees (FTE) | 6.6 |
| 2025 | |
|---|---|
| Current ratio | 2.65 |
| Quick ratio | 2.65 |
| Working capital ratio | 59.3% |
| Solvency | 64.0% |
| Debt / equity | 0.56 |
| Long-term debt ratio | - |
| Interest coverage | 84.60 |
| Gross margin | - |
| Net margin | - |
| ROA | 51.5% |
| ROE | 80.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €133k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €6k |
| Current assets | 29/58 | €126k |
| Amounts receivable within one year | 40/41 | €125k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €133k |
| Equity | 10/15 | €85k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €79k |
| Amounts payable | 17/49 | €48k |
| Amounts payable within one year | 42/48 | €48k |
| Trade debts payable within one year | 44 | €388 |
| Income statement | ||
| Gross operating margin | 9900 | €386k |
| Operating result | 9901 | €88k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €87k |
| Income taxes | 67/77 | €18k |
| Net result for the period | 9904 | €68k |
| Result to be appropriated | 9905 | €68k |
| NACE primary | 42219 |
| Legal form | Private limited company(610) |
| Incorporation | 26-10-2021 |
| Status | Active |
| Postal code | 1020 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0027/00R004 | Brussels | 198 m² | 1 · 113 m² | 15.9 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-01-2025 Registered office moved from Zaventem to Laeken
- Hermesstraat 22, 1930 Zaventem → Pagodenlaan 45 te 1020 Laeken
Technical details
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"filing_date": "2025-01-08",
"act_kind_objet": "Onderwerp akte:"
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"date": "2024-11-10",
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"subject_company": {
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"person_name": "Baynal Bilalcan",
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},
"co_filed_documents": []
}26-08-2024 1 director appointed, 1 resigning
- AYIN Yakup, Bestuurder
- TAS Erdem, Bestuurder
Technical details
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"kind": "director_out",
"role": "bestuurder",
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"evidence_quote": "De heer TAS Erdem wonende te 1831 Diegem, Eugen Vander Aastraat 45/2 neemt ontslag als bestuurder met onmiddellijke ingang. Hem wordt kwijting verleend voor zijn mandaat.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
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{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "AYIN Yakup",
"address": "1070 Anderlecht, Clos Marie Kor\u00E9 54",
"birth_date": null,
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"evidence_quote": "De heer AYIN Yakup wonende te 1070 Anderlecht, Clos Marie Kor\u00E9 54 wordt benoemd als bestuurder met onmiddeilijke ingang.",
"decharge_status": null,
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],
"notary": {
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"office_city": "Brussel",
"is_associated": false
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"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2024-08-16",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
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"body": "bijzondere_algemene_vergadering",
"date": "2024-06-30",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0776.486.978",
"name_full": null,
"legal_form": "BESLOTEN VENOOTSCHAP",
"_kbo_filled_from_list": true
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"co_filed_documents": [],
"corrected_publication_numac": null
}25-03-2024 1 director appointed, 1 resigning correction
- TAS Erdem, Bestuurder
- Tas Hacer, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
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"name": "Tas Hacer",
"address": null,
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"profession": null,
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},
"reason": "rechtzetting",
"subkind": "rectification",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2023-06-06",
"evidence_quote": "De eerdere publicatie in het Belgisch Staatblad, gedaan op 19/10/2023, was een materi\u00EBle vergissing. Mevrouw Tas Hacer wordt dus, voor zover noodzakelijk, ontslagen van haar foutieve benoeming als bestuurder, de dato 6 juni 2023.",
"decharge_status": null,
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{
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"subkind": "confirmation",
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"evidence_quote": "",
"decharge_status": null,
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],
"notary": {
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"office_city": "Brussel",
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"act_meta": {
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"pub_date": "2024-03-25",
"filing_date": "2023-11-15",
"act_kind_objet": "Onderwerp akte:"
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"decisions": [
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"body": "bijzondere_algemene_vergadering",
"date": "2023-11-15",
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],
"is_correction": true,
"subject_company": {
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"name_full": "M\u0026C",
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"co_filed_documents": [],
"corrected_publication_numac": "19/10/2023"
}19-10-2023 All shares are now held by a single shareholder
Technical details
{
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"subscribers": [
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"underlying_resolution_date": "2023-06-12"
},
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"shareholders_after": [
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},
{
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}
],
"share_classes_after": []
}25-05-2022 Registered office moved to Machelen
- Oude Haachtsesteenweg 95- 1831 Machelen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Oude Haachtsesteenweg 95- 1831 Machelen",
"city": "Machelen",
"region": "vlaams_gewest",
"street": "Oude Haachtsesteenweg",
"country": "BE",
"postcode": "1831",
"box_number": null,
"street_number": "95",
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},
"old_address": null,
"effective_date": "2022-04-25",
"evidence_quote": "Met eenparigheid van stemmen wordt beslist om de hoofdzetel van de onderneming te verplaatsen naar Oude Haachtsesteenweg 95- 1831 Machelen en dit vanaf 25 april 2022.",
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],
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"pub_date": "2022-05-25",
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"person_name": "YUCEL Ebulmuhsin",
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},
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | M&C |