Losses
-€71,701 in four years
Every financial year from 2017 to 2020 closed with a loss. 2020 was the heaviest.
M&C
Overview
Lifetime
12 annual accounts with figures on one time axispeak €44,628 (2019)
€21,721▼ 51.3%
lowest -€66,512 (2020)
-€66,512▼ €62,980
peak €2,510 (2019)
-€64,003▼ €66,512
€147,991▲ 68.6%
peak 6 FTE (2020)
6 FTE
Board2 names since 2019
-
Documentsfilings and deeds
15-03-2022227 days late
2020micro format
Gross margin from €44,628 to €21,721Loss of €66,512Equity from €2,510 to -€64,003Debts from €87,753 to €147,991
Key points
from the 2020 annual accounts, the last ones filedDebts
€147,991 176% of the balance sheet
After one year 4%Within one year 96%
Of this, €141,694 falls due within a year.
Filings
12 annual accounts since 2009
Ten of the last ten came late. The 2020 accounts came latest: 227 days after the end of the period.
No score
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Hainaut, Mons division · judgment of 29-09-2025 · Bankruptcy
Bankruptcy published
Enterprise Court of Hainaut, Mons division · judgment of 08-05-2023 · Bankruptcy
Registered office moved from Colfontaine to Mons
New registered office: 1, Boulevard André Delvaux à 7000 Mons · Previous registered office: 123 Rue Saint-Pierre à 7340 Colfontaine · Resignation: CUVELIER Christophe (manager) · General meeting of 07-08-2019 · Gazette deed
Company renamed from JO & KA to M&C
Registered office moved from Saint-Ghislain to Colfontaine · New registered office: rue Saint-Pierre 123, 7340 Colfontaine · Previous registered office: Rue Grande 83 bte RDC 7330 Saint-Ghislain · General meeting of 10-10-2018 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 03-10-2008 · bankruptcy closed on 29-09-2025
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2020
- €175,546
- €66,512▲ 19×
- -€64,003
- €83,988▼ 7.0%
- 6 FTE
- Filing
- Filed on 15-03-2022
Insights on M&C
Equity fell from €2,510 in 2019 to -€64,003 in 2020, while debts rose from €87,753 to €147,991.
On 8 May 2023 the court declared M&C bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2020
micro format, filed on 15-03-2022, 227 days late€175,546
-€64,291
▼ €61,882
-€57,003
▼ €61,882
-€59,224
▼ €62,980
-76.2%
▼ 79.0 percentage points
0.42
▼ 0.30
Money flows
of every €100 of turnover, €37.89 was lost in 2020Balance sheet
balance sheet total €83,988 on 31-12-2020What the company ownsHow it is paid for
in euro
in euro
Staff
€11,348
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
83,988 | 90,263 | 3 | 6 | 6 | 6 | 6 | 14,370 | 48,617 | 31,680 | 25,505 | 20,216 | |
21/28 |
24,892 | 31,817 | - | - | - | - | - | - | 3,009 | 7,455 | 13,294 | 19,133 | |
21 |
24,147 | 31,053 | - | - | - | - | - | - | - | - | - | - | |
22/27 |
382 | 764 | - | - | - | - | - | - | 3,009 | 7,455 | 13,294 | 19,133 | |
23 |
382 | 764 | - | - | - | - | - | - | 2,834 | 4,375 | 5,917 | 7,459 | |
24 |
- | - | - | - | - | - | - | - | 176 | 3,079 | 7,377 | 11,674 | |
28 |
363 | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
59,096 | 58,445 | 3 | 6 | 6 | 6 | 6 | 14,370 | 45,608 | 24,225 | 12,211 | 1,084 | |
3 |
9,155 | 11,447 | - | - | - | - | - | - | 700 | 700 | 288 | 218 | |
30/36 |
9,155 | 11,447 | - | - | - | - | - | - | 700 | 700 | 288 | 218 | |
40/41 |
31,644 | 27,572 | - | 6 | 6 | 6 | 6 | 11,765 | 44,671 | 22,909 | 11,340 | 18 | |
40 |
6,738 | 27,260 | - | - | - | - | - | 3,651 | 26,026 | - | - | - | |
41 |
24,906 | 312 | - | 6 | 6 | 6 | 6 | 8,113 | 18,645 | 22,909 | 11,340 | 18 | |
54/58 |
14,784 | 14,548 | 3 | - | - | - | - | 2,605 | - | 463 | 375 | 397 | |
490/1 |
3,514 | 4,879 | - | - | - | - | - | - | 237 | 154 | 208 | 451 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
83,988 | 90,263 | 3 | 6 | 6 | 6 | 6 | 14,370 | 48,617 | 31,680 | 25,505 | 20,216 | |
10/15 |
-64,003 | 2,510 | -5,724 | -4,275 | -4,068 | -4,567 | -4,331 | 1,565 | 2,491 | -1,181 | -3,837 | -7,259 | |
10/11 |
18,600 | 18,600 | 6,834 | 6,834 | 6,834 | 6,834 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | 11,766 | 11,766 | 11,766 | 11,766 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
14 |
-82,603 | -16,090 | -12,558 | -11,109 | -10,902 | -11,401 | -10,531 | -4,635 | -3,709 | -7,381 | -10,037 | -13,459 | |
17/49 |
147,991 | 87,753 | 5,726 | 4,281 | 4,074 | 4,573 | 4,337 | 12,804 | 46,126 | 32,861 | 29,341 | 27,475 | |
17 |
6,297 | 6,297 | - | - | - | - | - | - | 1,850 | 6,835 | 4,773 | 8,517 | |
170/4 |
- | - | - | - | - | - | - | - | 1,850 | 6,835 | 4,773 | 8,517 | |
178/9 |
6,297 | 6,297 | - | - | - | - | - | - | - | - | - | - | |
42/48 |
141,694 | 81,457 | 5,726 | 4,281 | 4,074 | 4,573 | 4,337 | 12,789 | 44,252 | 26,026 | 24,564 | 18,940 | |
42 |
- | - | - | - | - | - | - | 1,850 | 4,971 | 6,211 | 5,674 | 5,980 | |
43 |
- | - | - | - | - | 4 | 588 | 2,078 | 5,648 | 2,946 | 3,627 | - | |
430/8 |
- | - | - | - | - | 4 | 588 | 2,078 | 5,648 | 2,946 | 3,627 | - | |
44 |
116,191 | 55,457 | 702 | 168 | 168 | 668 | - | 8,861 | 29,260 | 16,861 | 7,660 | 2,853 | |
440/4 |
116,191 | 55,457 | 702 | 168 | 168 | 668 | - | 8,861 | 29,260 | 16,861 | 7,660 | 2,853 | |
45 |
25,503 | 26,000 | - | - | - | - | - | - | 2,623 | 8 | 386 | 1,920 | |
450/3 |
21,891 | 17,868 | - | - | - | - | - | - | 2,623 | - | 153 | 249 | |
454/9 |
3,612 | 8,132 | - | - | - | - | - | - | - | 8 | 233 | 1,671 | |
47/48 |
- | - | 5,024 | 4,113 | 3,906 | 3,902 | 3,748 | - | 1,750 | - | 7,217 | 8,186 | |
492/3 |
- | - | - | - | - | - | - | 16 | 24 | - | 5 | 18 | |
| Income statement | |||||||||||||
70 |
175,546 | - | - | - | - | - | - | - | - | - | - | - | |
76A |
- | - | - | - | 500 | - | 826 | 21,491 | - | - | 105 | - | |
9900 |
21,721 | 44,628 | -1,053 | -207 | 500 | -467 | -3,838 | 5,840 | 21,538 | 20,716 | 21,344 | 3,452 | |
60/61 |
185,958 | - | - | - | - | - | - | - | - | - | - | - | |
62 |
68,086 | 65,352 | - | - | - | - | 1,444 | 22,134 | 11,345 | 9,479 | 11,431 | 8,004 | |
630 |
7,288 | 7,288 | - | - | - | - | - | - | 4,445 | 5,839 | 5,839 | 7,595 | |
640/8 |
10,638 | 356 | 348 | - | - | 354 | 663 | 1,346 | 385 | 1,181 | 661 | 607 | |
649 |
- | -25,959 | - | - | - | - | - | - | - | - | - | - | |
66A |
- | - | - | - | - | - | - | 2,810 | - | - | - | - | |
9901 |
-64,291 | -2,409 | -1,400 | -207 | 500 | -821 | -5,944 | -17,640 | 5,363 | 4,217 | 3,414 | -12,754 | |
75/76B |
1 | - | - | - | - | - | - | - | - | - | 932 | 32 | |
75 |
1 | - | - | - | - | - | - | - | - | - | 932 | 32 | |
65/66B |
2,222 | 1,124 | 48 | - | 1 | 49 | 778 | 1,967 | 1,691 | 1,561 | 1,027 | 737 | |
65 |
2,004 | 1,124 | 48 | - | 1 | 49 | 778 | 1,967 | 1,691 | 1,561 | 1,027 | 737 | |
66B |
218 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
-66,512 | -3,533 | -1,449 | -207 | 499 | -870 | -5,896 | -926 | 3,672 | 2,656 | 3,424 | -13,459 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | 2 | - | |
9904 |
-66,512 | -3,533 | -1,449 | -207 | 499 | -870 | -5,896 | -926 | 3,672 | 2,656 | 3,422 | -13,459 | |
9905 |
-66,512 | -3,533 | -1,449 | -207 | 499 | -870 | -5,896 | -926 | 3,672 | 2,656 | 3,422 | -13,459 | |
| Appropriation of the result | |||||||||||||
9906 |
-82,603 | -16,090 | -12,558 | -11,109 | -10,902 | -11,401 | -10,531 | -4,635 | -3,709 | -7,381 | -10,037 | -13,459 | |
| Social balance sheet | |||||||||||||
9087 |
6 | - | - | - | - | - | - | 0.5 | 0.3 | 0.4 | 0.5 | 0.3 | |
Hours worked1013 |
3,562 | - | - | - | - | - | - | 1,006 | 552 | 408 | 519 | 595 | |
| Document | |||||||||||||
Source: Annual accounts 2020 (PDF), filed on 15-03-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2020 annual accounts filed 227 days after the deadline. Filed on 15 March 2022, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2022-08000221.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 15-03-2022 | 2022-08000221 | |
| 31-12-2019 | micro format | 01-12-2020 | 2020-73900331 | |
| 31-12-2018 | micro format | 12-08-2019 | 2019-46200125 | |
| 31-12-2017 | micro format | 17-08-2018 | 2018-46700493 | |
| 31-12-2016 | micro format | 23-08-2017 | 2017-46700323 | |
| 31-12-2015 | full format | 03-08-2016 | 2016-40800254 | |
| 31-12-2014 | full format | 12-08-2015 | 2015-42300544 | |
| 31-12-2013 | full format | 28-08-2014 | 2014-51500296 | |
| 31-12-2012 | full format | 01-08-2013 | 2013-39200250 | |
| 31-12-2011 | full format | 29-08-2012 | 2012-51800321 | |
| 31-12-2010 | full format | 18-08-2011 | 2011-41200222 | |
| 31-12-2009 | full format | 17-08-2010 | 2010-42700595 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -57,003 | 4,879 | - | - | - | - | - | - | 9,808 | 10,056 | 9,253 | -5,159 | ||
| -59,224 | 3,755 | - | - | - | - | - | - | 8,117 | 8,495 | 9,261 | -5,864 | ||
| 363 | 39,105 | - | - | - | - | - | - | 0 | 0 | 0 | 25,783 | ||
| 236 | 14,545 | - | - | - | - | - | - | - | 88 | -22 | - | ||
| -82,598 | -23,011 | -5,724 | -4,275 | -4,068 | -4,567 | -4,331 | 1,581 | 1,355 | -1,801 | -12,353 | -17,857 | ||
| -36.6% | - | - | - | - | - | - | - | - | - | - | - | ||
| -76.2% | 2.8% | - | - | - | - | - | 10.9% | 5.1% | -3.7% | -15.0% | -35.9% | ||
| 0.42 | 0.72 | - | - | - | - | - | 1.12 | 1.03 | 0.93 | 0.50 | 0.06 | ||
| 0.35 | 0.58 | - | - | - | - | - | 1.12 | 1.01 | 0.90 | 0.49 | 0.05 | ||
| - | 34.97 | - | - | - | - | - | 8.18 | 18.52 | - | - | - | ||
| - | -140.8% | - | - | - | - | - | -59.2% | 147.4% | - | - | - | ||
| -79.2% | -3.9% | - | - | - | - | - | -6.4% | 7.6% | 8.4% | 13.4% | -66.6% | ||
| 14 days | - | - | - | - | - | - | - | - | - | - | - | ||
| 228 days | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on M&C
The operating result for 2020 is a loss of €64,291, larger than the loss of €2,409 in 2019. It is the lowest result since 2009.
Equity is negative. Debt (€147,991) exceeds the balance-sheet total (€83,988).
Board & ownership
Curator
1 mandateCurator, Avenue Des Expositions, 8A, 7000 Mons
from 08-05-2023 to 29-09-2025
Also on 128 other cases
Mandates through the years
2 names, the dashed line is todayDEBIEVE Julien
Manager
Manager
CUVELIER Christophe
Manager
Manager
Earliermandate already running before its first mentionend not datedBankruptcy 08-05-2023
Mandates as a list
- DEBIEVE Julien
- Manager, appointed by deed of 26-08-2019, last mentioned in 2019
- CUVELIER Christophe
- Manager, until 07-08-2019
Control
Capital
- Capital
- €18,600
- Source
- 2019 annual accounts
Network & group
No group
M&C has no parent and no holdings in its annual accounts.
Earlier ties
| PataBelgium via DEBIEVE Julien, at M&C, last mentioned in 2019 · Director · deed of 03-07-2020 Bankrupt |
total assets €247,627 (2022) |
| ELIE SELECTION via CUVELIER Christophe, at M&C until 2019 · Director (not named in the articles) · deed of 25-05-2020 founded in 2015 · negative equity (2025) |
total assets €235,585 (2025) |
| ELIE CUVELIER via CUVELIER Christophe, at M&C until 2019 · Managing director · deed of 27-09-2019 founded in 2006 |
total assets €1.5m (2025) |
| OKINEO.be via CUVELIER Christophe, at M&C until 2019 · Director (not named in the articles) · deed of 25-05-2020 founded in 2011 |
total assets €650,895 (2025) |
| C. CUV Management via CUVELIER Christophe, at M&C until 2019 · Director (not named in the articles) · deed of 03-01-2022 founded in 2021 |
total assets €183,972 (2025) |
| LCC CREACOM via CUVELIER Christophe, at M&C until 2019 · Director · deed of 14-02-2023 founded in 2018 |
total assets €75,439 (2025) |
Show 3 more earlier ties
| OKINEO System via CUVELIER Christophe, at M&C until 2019 · Director (not named in the articles) · deed of 15-01-2021 founded in 2021 |
total assets €64,459 (2025) |
| HuggyMed.be via CUVELIER Christophe, at M&C until 2019 · Director (not named in the articles) · deed of 27-08-2026 |
founded in 2026 |
| SDJ Concept via DEBIEVE Julien, at M&C, last mentioned in 2019 · Director (not named in the articles) · deed of 02-09-2026 |
founded in 2026 |
Connections & network
This company
Company
Director
Shareholding
+N: links not shown yet
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Timeline
Timeline
21 events since 2008Board
Filings
Financial
Insolvency
Address
2008201020122014201620182020202220242026
2025
Bankruptcy closure (by liquidation) Enterprise Court of Hainaut, Mons division · judgment of 29-09-2025
2023
Bankruptcy published Enterprise Court of Hainaut, Mons division · judgment of 08-05-2023
2022
Annual accounts 2020 filed PDFmicro format · 227 days late
2020
Weakest financial year net -€66,512 The net result drops to -€66,512, the lowest from 2009 to 2020.
Annual accounts 2019 filed PDFmicro format · 123 days late
2019
Registered office moved from Colfontaine to MonsNew registered office: 1, Boulevard André Delvaux à 7000 Mons · Previous registered office: 123 Rue Saint-Pierre à 7340 Colfontaine · Resignation: CUVELIER Christophe (manager) · General meeting of 07-08-20194 points ▸
- General meeting, 07-08-2019
- Director resignation, CUVELIER Christophe (manager)
- Director appointment, Debieve Julien (manager)
- Registered-office move, 1, Boulevard André Delvaux à 7000 Mons
Annual accounts 2018 filed PDFmicro format · 12 days late
2018
Company renamed from JO & KA to M&CRegistered office moved from Saint-Ghislain to Colfontaine · New registered office: rue Saint-Pierre 123, 7340 Colfontaine · Previous registered office: Rue Grande 83 bte RDC 7330 Saint-Ghislain · General meeting of 10-10-20184 points ▸
- General meeting, 10-10-2018
- Name change, M&C
- Registered-office move, rue Saint-Pierre 123, 7340 Colfontaine
- Purpose change, “La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales,industrielles,financières,mobilières et immobilières; Le…” (deed in French)
- The deed holds 1 more point.
Annual accounts 2017 filed PDFmicro format · 17 days late
2017
Annual accounts 2016 filed PDFmicro format · 23 days late
2016
Back to profit net €499 The net result is €499, after 3 loss-making years.
Annual accounts 2015 filed PDFfull format · 3 days late
2015
Annual accounts 2014 filed PDFfull format · 12 days late
2014
Annual accounts 2013 filed PDFfull format · 28 days late
2013
Annual accounts 2012 filed PDFfull format · 1 day late
2012
Highest result from 2009 to 2020 net €3,672 ▲38.2% The operating result of €5,363 and the net result of €3,672 are both a record.
Annual accounts 2011 filed PDFfull format · 29 days late
2011
Annual accounts 2010 filed PDFfull format · 18 days late
2010
Back to profit net €3,422 The net result is €3,422, after one loss-making year.
Annual accounts 2009 filed PDFfull format · 17 days late
2008
Incorporation PDF5 publications in the Belgian Official Gazette, the last on 26-08-2019
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
M&C is no longer in the KBO register.
- Last annual accounts
- financial year to 31 December 2020
- Last registered office
- Rue Saint-Pierre 123, 7340 Colfontaineas published on 26 August 2019
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2009