M & C
ActiveM & C has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114k and a net result of €19k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 7027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-5
Solvency48▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.44 in 2024; short-term debt: 31.2% and cash: 5.5% of total assets), and 76.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
23.3%
Return on assets
3.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
47 d late
2023
30 d late
2022
31 d late
2021
113 d late
2020
31 d late
2019
91 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€114k▼ 23.3%
2024 · €148k
2018: €36k
2019: €45k
2020: €115k
2021: €104k
2022: €97k
2023: €106k
2024: €148k
2018 → 2025
Total assets
€489k▼ 4.4%
2024 · €511k
2018: €73k
2019: €135k
2020: €171k
2021: €339k
2022: €490k
2023: €518k
2024: €511k
2018 → 2025
Net result
€19k▼ 55.6%
2024 · €42k
2018: €22k
2019: €25k
2020: €70k
2021: €-11k
2022: €10k
2023: €9k
2024: €42k
2018 → 2025
Working capital
€-119k▼ 92.9%
2024 · €-62k
2018: €52k
2019: €81k
2020: €108k
2021: €36k
2022: €-49k
2023: €-62k
2024: €-62k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€104k-€97k▼ 6.9%€106k▲ 9.6%€148k▲ 39.4%€114k▼ 23.3%
Operating result€-7k-€19k€20k▲ 5.9%€64k▲ 221%€44k▼ 32.2%
Net result€-11k-€10k€9k▼ 10.3%€42k▲ 351%€19k▼ 55.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €489k
Fixed assets
€455k▼ 1.6%
Current assets
€33k▼ 31.4%
Equity and liabilities €489k
Equity
€114k▼ 23.3%
Debt
€375k▲ 3.3%
The debt ratio rises from 71.0% to 76.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€51k▼
2024 · €78k
Cash flow
€26k▼
2024 · €55k
Solvency
23.3%▼
2024 · 29.0%
Current ratio
0.22▼
2024 · 0.44
Quick ratio
0.22▼
2024 · 0.44
Debt / equity
3.30▲
2024 · 2.45
ROE
16.3%▼
2024 · 28.2%
ROA
3.8%▼
2024 · 8.2%
Interest coverage
6.64▼
2024 · 19.30
Debt
€375k▲
2024 · €363k
Debt ≤ 1 year
€152k▲
2024 · €110k
Debt > 1 year
€223k▼
2024 · €253k
Income taxes
€17k▼
2024 · €18k
Staff costs
€51k▼
2024 · €80k
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€511k€489k▼
Fixed assets21/28€463k€455k▼
Tangible fixed assets22/27€460k€453k▼
Land and buildings22€444k€438k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€9k€8k▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€3k€3k=
Current assets29/58€49k€33k▼
Amounts receivable within one year40/41-€6k
Trade receivables40-€6k
Cash at bank and in hand54/58€48k€27k▼
Deferred charges and accrued income490/1€750€303▼
Equity and liabilities
Total equity and liabilities10/49€511k€489k▼
Equity10/15€148k€114k▼
Contributions10/11€19k€19k=
Reserves13€130k€95k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€8k€8k=
Distributable reserves133€119k€85k▼
Amounts payable17/49€363k€375k▲
Amounts payable after more than one year17€253k€223k▼
Financial debts170/4€253k€223k▼
Amounts payable within one year42/48€110k€152k▲
Current portion of amounts payable after more than one year42€49k€48k▼
Trade debts44€10k€14k▲
Suppliers440/4€10k€14k▲
Taxes, remuneration and social security45€41k€50k▲
Taxes450/3€30k€31k▲
Remuneration and social security454/9€11k€19k▲
Other amounts payable47/48€10k€40k▲
Income statement
Code20242025
Remuneration, social security and pensions62€80k€51k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€7k▼
Other operating charges640/8€371€2k▲
Gross operating margin9900€158k€103k▼
Operating profit (loss)9901€64k€44k▼
Financial income75/76B€76-
Recurring financial income75€76-
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€60k€36k▼
Income taxes67/77€18k€17k▼
Profit (loss) for the period9904€42k€19k▼
Profit (loss) for the period to be appropriated9905€42k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€19k▼
Profit (loss) brought forward from the previous period14P€-2k-
Transfer from equity791/2-€30k
Transfer to equity691/2€40k€19k▼
To other reserves6921€40k€19k▼
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €100kEq €106k ▲9.6%
2 profitable years in a row build equity to €106k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
21-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 113 days late
2021
31-12
Financial
Weakest financial yearnet €-11k ▼116%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €70k ▲185%
Operating result €95k, net result €70k, both a record.
31-12
Financial
Equity above €100kEq €115k ▲154%
3 profitable years in a row build equity to €115k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Waterloo · 1 establishment unit since 2004
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.
Clos des Ecossais 11410 WaterlooGround area
854 m²
Building footprint
123 m²
Volume, LiDAR
680 m³
Parcel 25764O0113/00P000, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M & C
since 20042.137.684.515
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764O0113/00P000 | Wallonia | 854 m² | 1 · 123 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 5,565 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2004
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
74141
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.