Financials
- Fiscal year
- 2025
- Total assets
- €3.9m
- Profit
- €89,456
- Solvency
- 29.9%
Total assets▲ 2.5%
Net result
20192025
M C DEVELOPMENT
ActiveSummary
M C DEVELOPMENT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €89,456. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 43% of 4922 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Other retail sale of new goods
NACE 47789
#5 company by total assets in Huy, Wholesale and retail trade sector1 site
Size
€3.9mtotal assets 2025
- Equity
- €1.2m
- Profit
- €89,456
Structure
- Board
- 1 member
- Holdings
- 1
Accounts 9 d early1 of 7 deeds read
Why 84- Liquidity: current ratio 1.14, cash €7,908- 1 change of registered office in 24 months+ Figures for FY 2025 (filed 22-07-2026)+ Size: total assets €3.9mShow the evidence
Checked score
Score 2025
84
/ 100
Excellent
Probability in this band: under 0.55%
Better than 47% of its sector peers (NACE 47, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
55+2
equity 29.9% of total assets
Liquidity
32+3
short-term debt 39.5% · cash 0.2%
Profitability
72+1
return on assets 2.3%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%▲ +42.4% vs 11-2024
01-2025: 0.2%▲ +75.2% vs 12-2024
02-2025: 0.4%▲ +48.2% vs 01-2025
03-2025: 0.2%▼ -48.9% vs 02-2025
04-2025: 0.2%● 0.0% vs 03-2025
05-2025: 0.2%● 0.0% vs 04-2025
06-2025: 0.2%● 0.0% vs 05-2025
07-2025: 0.2%● 0.0% vs 06-2025
08-2025: 0.4%▲ +124% vs 07-2025
09-2025: 0.5%▲ +19.6% vs 08-2025
10-2025: 0.6%▲ +9.8% vs 09-2025
11-2025: 0.7%▲ +22.4% vs 10-2025
12-2025: 0.7%▲ +6.4% vs 11-2025
01-2026: 0.8%▲ +6.4% vs 12-2025
02-2026: 1.2%▲ +62.2% vs 01-2026
03-2026: 1.6%▲ +33.4% vs 02-2026
04-2026: 2.8%▲ +72.3% vs 03-2026
05-2026: 3.0%▲ +6.5% vs 04-2026
06-2026: 3.5%▲ +16.2% vs 05-2026
07-2026: 4.8%▲ +36.8% vs 06-2026highest value
08-2026: 0.4%▼ -92.7% vs 07-2026
09-2026: 0.4%● 0.0% vs 08-2026
10-2026: 0.4%● 0.0% vs 09-2026
- Liquidity: current ratio 1.14, cash €7,908 raises the probability
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2025 (filed 22-07-2026) lowers the probability
- Size: total assets €3.9m lowers the probability for this profile
Credit up to €95,000 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 0.96 in 2024; short-term debt: 39.5% and cash: 0.2% of total assets), and 70.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, small). Better than this share of them on solvency 49%, liquidity 33%, profitability 59%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
on the day
2023
23 d late
2022
27 d late
2021
4 d early
2020
16 d late
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Appointment: Thierry CAVENAILE (administrateur provisoire)State Gazette act
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 16
- Since
- 2017
- 05-10-2026Appointment: Thierry CAVENAILE (administrateur provisoire)
- 22-07-2026Annual accounts filed
- 31-01-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Other retail sale of new goodsNACE 47789
- Founded
- 10-12-2002
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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