M C DEVELOPMENT
ActiveSummary
M C DEVELOPMENT has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €89,456, of which €205,485 non-recurring income. Equity is growing by about 3.5% per year across the filed financial years. Its solvency ranks better than 43% of 5,034 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Other retail sale of new goods
NACE 47789
5th largest company by total assets in Huy, Wholesale and retail trade sector1 site
Size
≈ €1.1mturnover 2025, estimated
- Equity
- €1.2m
- Profit
- €89,456
Turnover estimated from the gross margin
Structure
- Board
- 4 members
- Holdings
- 1
- Françoise THOMASManaging director
2025 accounts 9 days early4 of 8 deeds summarised
Why 84raises riskLiquidity: current ratio 1.14, cash €7,9081 change of registered office in 24 monthslowers riskFigures for financial year 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%
Financially better than 47% of its sector peers (NACE 47, small)
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%● unchanged vs 11-2024
01-2025: 0.2%▲ +0.1 percentage points vs 12-2024
02-2025: 0.4%▲ +0.2 percentage points vs 01-2025
03-2025: 0.2%▼ -0.2 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.6%▲ +0.1 percentage points vs 09-2025
11-2025: 0.7%▲ +0.1 percentage points vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.8%▲ +0.1 percentage points vs 12-2025
02-2026: 1.2%▲ +0.4 percentage points vs 01-2026
03-2026: 1.6%▲ +0.4 percentage points vs 02-2026
04-2026: 2.8%▲ +1.2 percentage points vs 03-2026
05-2026: 3.0%▲ +0.2 percentage points vs 04-2026
06-2026: 3.5%▲ +0.5 percentage points vs 05-2026
07-2026: 4.8%▲ +1.3 percentage points vs 06-2026highest value
08-2026: 0.4%▼ -4.4 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.14, compared with 0.96 in 2024, below the usual 1.5; short-term debt: 39.5% and cash: 0.2% of total assets), and 70.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 49% on solvency, 33% on liquidity and 59% on profitability.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
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 days early
2024
on the day
2023
23 days late
2022
27 days late
2021
4 days early
2020
16 days late
2019
39 days 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 (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Appointment: Thierry CAVENAILE (administrateur provisoire)Gazette deed
- Annual accounts filedfinancial year 2025 · full…
- Resignation: Eric MATON (director)Director discharge
Financials · financial year 2025, full format
In the rankings
#5 company by total assets in Huy, Wholesale and retail trade sector#6 company by equity in Huy, Wholesale and retail trade sector
Turnover
≈ €1.1m
Estimated: probably between €870,000 and €1.8m
EBIT margin
Not included in this filing
Net result
€89,456▲ 43.8%
2024 · €62,208
Working capital
€208,699
2024 · -€66,469
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 56% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.2m
2025
Net result€0.09m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.9m
2025
Equity€1.2m
2025
Debt€2.6m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)2.3%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency29.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.14
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€0.02m-€0.1m€0.01m▼ 89.6%-€0.03m€0.2m€0.1m▼ 42.8%€0.2m▲ 56.4%
Net result-€0.02m-€0.1mabove the sector's middle half€0.008mwithin the sector's middle half▼ 92.5%-€0.03mbelow the sector's middle half€0.1mabove the sector's middle half€0.06mabove the sector's middle half▼ 52.7%€0.09mwithin the sector's middle half▲ 43.8%
Equity€0.9m-€1.0mabove the sector's middle half▲ 11.1%€1.0mabove the sector's middle half▲ 0.8%€1.0mabove the sector's middle half▼ 3.2%€1.1mabove the sector's middle half▲ 13.5%€1.1mabove the sector's middle half▼ 2.5%€1.2mwithin the sector's middle half▲ 8.1%
Total assets€3.1m-€3.1mabove the sector's middle half▲ 0.8%€3.5mabove the sector's middle half▲ 12.2%€3.5mabove the sector's middle half=€3.7mabove the sector's middle half▲ 6.5%€3.8mabove the sector's middle half▲ 3.0%€3.9mwithin the sector's middle half▲ 2.5%
Debt€1.9m-€1.8m▼ 4.6%€2.2m▲ 20.5%€2.3m▲ 1.8%€2.4m▲ 4.5%€2.5m▲ 7.2%€2.6m▲ 0.8%
Working capital€0.08m-€0.4mabove the sector's middle half▲ 344%€0.5mabove the sector's middle half▲ 23.2%-€0.1mbelow the sector's middle half-€0.005mbelow the sector's middle half▲ 96.2%-€0.07mbelow the sector's middle half▼ 1,323%€0.2mwithin the sector's middle half
Solvency29.4%-32.4%within the sector's middle half▲ 3.0pp29.1%within the sector's middle half▼ 3.3pp28.2%within the sector's middle half▼ 0.9pp30.0%within the sector's middle half▲ 1.8pp28.4%within the sector's middle half▼ 1.6pp29.9%within the sector's middle half▲ 1.6pp
Current ratio1.10-1.44within the sector's middle half▲ 0.341.38within the sector's middle half▼ 0.060.90below the sector's middle half▼ 0.471.00within the sector's middle half▲ 0.090.96within the sector's middle half▼ 0.041.14within the sector's middle half▲ 0.17
Return on assets (ROA)-0.8%-3.3%within the sector's middle half▲ 4.1pp0.2%below the sector's middle half▼ 3.1pp-0.9%below the sector's middle half▼ 1.2pp3.6%within the sector's middle half▲ 4.5pp1.6%within the sector's middle half▼ 1.9pp2.3%within the sector's middle half▲ 0.7pp
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.9m
Fixed assets
€2.2m ▼ 1.4%
Current assets
€1.8m ▲ 7.7%
Equity and liabilities €3.9m
Equity
€1.2m ▲ 8.1%
Provisions
€175,610 ▼ 6.9%
Debt
€2.6m ▲ 0.8%
Debt's share of the balance-sheet total falls from 66.7% to 65.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€258,530▲
2024 · €165,809
Cash flow
€187,005▲
2024 · €125,108
Debt to equity
2.19▼
2024 · 2.35
ROE
7.7%▲
2024 · 5.8%
Interest coverage
11.22▼
2024 · 12.21
Debt ≤ 1 year
€1.5m▼
2024 · €1.7m
Debt > 1 year
€1.0m▲
2024 · €845,818
Income taxes
€63,443▲
2024 · €40,994
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
96.9%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,685 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €114,461 | €205,485 | ▲ 79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70,326 | €70,422 | €70,459 | €70,281 | €59,185 | €62,900 | €97,549 | ▲ 55.1% |
| Other operating charges640/8 | - | - | - | €5,155 | €13,047 | €15,774 | €27,128 | ▲ 72.0% |
| Non-recurring operating charges66A | - | - | - | - | - | €6,446 | €20,674 | ▲ 221% |
| Gross operating margin9900 | €101,510 | €201,882 | €96,405 | €43,953 | €252,087 | €188,029 | €306,332 | ▲ 62.9% |
| Operating profit (loss)9901 | -€17,945 | €120,596 | €12,494 | -€31,483 | €179,855 | €102,909 | €160,981 | ▲ 56.4% |
| Financial income75/76B | - | - | - | €800 | €3,990 | €5,192 | €1,940 | ▼ 62.6% |
| Recurring financial income75 | €1,292 | €1,292 | €45 | €800 | €3,990 | €5,192 | €1,940 | ▼ 62.6% |
| Financial charges65/66B | - | - | - | €4,581 | €9,095 | €13,585 | €23,050 | ▲ 69.7% |
| Recurring financial charges65 | €15,524 | €9,134 | €6,521 | €4,581 | €9,095 | €13,585 | €23,050 | ▲ 69.7% |
| Profit (loss) for the period before taxes9903 | -€32,177 | €112,754 | €6,018 | -€35,264 | €174,750 | €94,516 | €139,871 | ▲ 48.0% |
| Transfer from deferred taxes780 | - | - | - | €8,723 | €8,686 | €8,686 | €13,029 | ▲ 50.0% |
| Income taxes67/77 | - | - | €7,114 | €5,779 | €51,904 | €40,994 | €63,443 | ▲ 54.8% |
| Profit (loss) for the period9904 | -€23,794 | €101,353 | €7,627 | -€32,320 | €131,532 | €62,208 | €89,456 | ▲ 43.8% |
| Transfer from tax-exempt reserves789 | - | - | - | €24,904 | €24,792 | €24,672 | €37,009 | ▲ 50.0% |
| Profit (loss) for the period to be appropriated9905 | €89 | €44,681 | €32,531 | -€7,416 | €156,324 | €86,880 | €126,465 | ▲ 45.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €3.1m | €3.1m | €3.5m | €3.5m | €3.7m | €3.8m | €3.9m | ▲ 2.5% |
| Fixed assets21/28 | €2.1m | €1.9m | €1.8m | €2.3m | €2.2m | €2.2m | €2.2m | ▼ 1.4% |
| Tangible fixed assets22/27 | €2.0m | €1.8m | €1.8m | €1.7m | €1.6m | €1.6m | €1.5m | ▼ 1.9% |
| Land and buildings22 | - | - | - | €1.7m | €1.6m | €1.5m | €1.5m | ▼ 5.2% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | €0.02m | €0.07m | ▲ 255% |
| Other tangible fixed assets26 | - | - | - | - | - | €0.02m | €0.02m | = |
| Financial fixed assets28 | €0.1m | €0.08m | €0.08m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Current assets29/58 | €0.9m | €1.2m | €1.6m | €1.2m | €1.5m | €1.6m | €1.8m | ▲ 7.7% |
| Stocks and contracts in progress3 | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | - | - |
| Stocks30/36 | - | - | - | €0.007m | €0.007m | €0.007m | - | - |
| Amounts receivable within one year40/41 | €0.1m | €0.9m | €1.5m | €1.1m | €1.4m | €1.6m | €1.7m | ▲ 5.3% |
| Trade receivables40 | - | - | - | €0.03m | €0.02m | €0.06m | €0.01m | ▼ 79.1% |
| Other amounts receivable41 | - | - | - | €1.1m | €1.3m | €1.5m | €1.7m | ▲ 8.4% |
| Cash at bank and in hand54/58 | €0.8m | €0.3m | €0.2m | €0.08m | €0.1m | €0.007m | €0.008m | ▲ 11.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.007m | €0.05m | ▲ 644% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €3.1m | €3.1m | €3.5m | €3.5m | €3.7m | €3.8m | €3.9m | ▲ 2.5% |
| Equity10/15 | €0.9m | €1.0m | €1.0m | €1.0m | €1.1m | €1.1m | €1.2m | ▲ 8.1% |
| Contributions10/11 | €0.2m | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | - | - | - | €0.2m | - |
| Issued capital100 | - | - | - | - | - | - | €0.2m | - |
| Reserves13 | €0.7m | €0.8m | €0.7m | €0.7m | €0.7m | €0.6m | €0.5m | ▼ 6.4% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Legal reserve130 | - | - | - | - | - | - | €0.03m | - |
| Reserves not available under the articles1311 | - | - | - | €0.03m | €0.03m | €0.03m | - | - |
| Tax-exempt reserves132 | - | - | - | €0.7m | €0.7m | €0.6m | €0.5m | ▼ 6.7% |
| Profit (loss) carried forward14 | €0.02m | €0.07m | €0.1m | €0.09m | €0.2m | €0.3m | €0.5m | ▲ 37.6% |
| Investment grants15 | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | ▼ 14.6% |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 6.9% |
| Deferred taxes168 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 6.9% |
| Amounts payable17/49 | €1.9m | €1.8m | €2.2m | €2.3m | €2.4m | €2.5m | €2.6m | ▲ 0.8% |
| Amounts payable after more than one year17 | €1.1m | €1.0m | €1.0m | €0.9m | €0.9m | €0.8m | €1.0m | ▲ 20.1% |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.2m | €0.4m | ▲ 88.1% |
| Other amounts payable178/9 | - | - | - | €0.6m | €0.6m | €0.7m | €0.7m | = |
| Amounts payable within one year42/48 | €0.8m | €0.8m | €1.2m | €1.3m | €1.5m | €1.7m | €1.5m | ▼ 8.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.09m | €0.06m | €0.06m | €0.07m | ▲ 19.8% |
| Trade debts44 | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.05m | ▼ 76.8% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.2m | €0.05m | ▼ 76.8% |
| Taxes, remuneration and social security45 | - | - | - | €100 | €0.06m | €0.1m | €285 | ▼ 99.7% |
| Taxes450/3 | - | - | - | €100 | €0.06m | €0.1m | €285 | ▼ 99.7% |
| Other amounts payable47/48 | - | - | - | €1.1m | €1.2m | €1.3m | €1.4m | ▲ 6.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.007m | €0.007m | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€23,794 | €101,353 | €7,627 | -€32,320 | €131,532 | €62,208 | €89,456 | ▲ 43.8% |
| + Depreciation and write-downs630 | €70,326 | €70,422 | €70,459 | €70,281 | €59,185 | €62,900 | €97,549 | ▲ 55.1% |
| Operating cash flow (approximation) | €46,532 | €171,775 | €78,086 | €37,961 | €190,717 | €125,108 | €187,005 | ▲ 49.5% |
| Investment in fixed assets (approximation) | - | €175,812 | -€3,879 | -€527,944 | -€907 | -€18,284 | -€66,804 | ▼ 265% |
| Change in cash | - | -€514,969 | -€101,975 | -€88,153 | €18,406 | -€96,048 | €800 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 22-07-2026 | 2026-00315816 |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00024050 |
| 30-06-2023 | full format | 23-02-2024 | 2024-00035340 |
| 30-06-2022 | full format | 27-02-2023 | 2023-00033362 |
| 30-06-2021 | full format | 27-01-2022 | 2022-02400477 |
| 30-06-2020 | micro format | 16-02-2021 | 2021-05500445 |
| 30-06-2019 | micro format | 23-12-2019 | 2019-77200458 |
| 30-06-2018 | micro format | 20-12-2018 | 2018-75200391 |
| 30-06-2017 | micro format | 22-01-2018 | 2018-01900431 |
| 30-06-2016 | full format | 04-01-2017 | 2017-00300523 |
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Of the 4,193 active companies whose main activity is other retail sale of new goods (NACE 47789), figures are known for 1,041. 464 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
4 directors, 1 in day-to-day management, last change in 2026
Board 4
Françoise THOMAS
CurrentDirector · since 26-06-2025
Thierry CAVENAILE
CurrentAdministrateur provisoire · since 26-08-2026
MATONEric
CurrentDirector
THOMASFrançoise
CurrentDirector
Day-to-day management 1
Françoise THOMAS
CurrentManaging director · since 26-06-2025
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 8 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
5 people since 2022, 4 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| MATONEric |
|
| THOMASFrançoise |
|
| Françoise THOMAS |
|
| Thierry CAVENAILE |
|
| Eric MATON |
|
Owners and capital
Capital and shareholders
Capital over the years
- 24-07-2025 Capital stated in the deed · €62,000 · 620 shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the 2025 annual accounts of M C DEVELOPMENT and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
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History
Acts, filings and financial milestones
2026
05-10
Gazette deed
Appointment: Thierry CAVENAILE (administrateur provisoire)2 facts ▸
Gazette deed
Appointment: Thierry CAVENAILE (administrateur provisoire)
2 facts ▸
- Director appointment, Thierry CAVENAILE (administrateur provisoire)
- Other provision, “l'organe de gestion est dessaisi de ses pouvoirs de gestion” (deed in French)
22-07
NBB filing
Annual accounts filed
financial year 2025 · full format
2025
24-10
Gazette deed
Resignation: Eric MATON (director)Director discharge3 facts ▸
Gazette deed
Resignation: Eric MATON (director)
Director discharge3 facts ▸
- General meeting, 25-08-2025
- Director resignation, Eric MATON (director)
- Director discharge, Eric MATON (director)
24-07
Gazette deed
Appointments: Françoise THOMAS (director) and Eric MATON (director)Amendment of the articles · Capital · Registered-office move10 facts ▸
Gazette deed
Appointments: Françoise THOMAS (director) and Eric MATON (director)
Amendment of the articles · Capital · Registered-office move10 facts ▸
- General meeting, “assemblée générale extraordinaire” (deed in French)
- Amendment of the articles (2 times)
- Capital, €62,000
- Director appointment, Françoise THOMAS (director)
- Director appointment, Eric MATON (director)
- Director appointment, Françoise THOMAS (managing director)
- Registered-office move, Huy, rue du Mont Falise, 45
- Other provision, “statute coordination deposit, general assembly gives mission to notary to ensure deposit of coordinated statutes” (deed in French)
- Power of attorney
- Purpose change
31-01
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
23-02
NBB filing
Annual accounts filed
financial year 2023 · full format · 23 days late
2023
30-06
Financial
Back to profitnet €131,532
Net result €131,532 after one loss-making year.
30-06
Financial
Equity above €1mequity €1.1m ▲13.5%
Equity rises from €977,177 to €1.1m.
27-02
NBB filing
Annual accounts filed
financial year 2022 · full format · 27 days late
2022
13-10
Gazette deed
Reappointments: THOMASFrançoise (director) and MATONEric (director)3 facts ▸
Gazette deed
Reappointments: THOMASFrançoise (director) and MATONEric (director)
3 facts ▸
- General meeting, “l'assemblée, parvotespécialàl'unanimité” (deed in French)
- Director reappointment, THOMASFrançoise (director)
- Director reappointment, MATONEric (director)
30-06
Financial
Weakest financial yearnet -€32,320
Net result drops to -€32,320, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
financial year 2021 · full format
Show earlier events
2021
16-02
NBB filing
Annual accounts filed
financial year 2020 · micro format · 16 days late
2020
30-06
Financial
Back to profitnet €101,353
Net result €101,353 after one loss-making year.
30-06
Financial
Equity above €1mequity €1.0m ▲11.1%
Equity rises from €901,809 to €1.0m.
2019
23-12
NBB filing
Annual accounts filed
financial year 2019 · micro format
2018
20-12
NBB filing
Annual accounts filed
financial year 2018 · micro format
22-01
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
04-01
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 22 annual accounts filed, the latest 10 are here; all 22 are under Financials.
4 of 8 deeds read
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPublic limited company
Founded10-12-2002
Financial year end31-12
Activities, NACEBEL 2025
47789Other retail sale of new goods
43120Site preparation
Contact
E-mail
office@mc-development.be
Phone
+3285214249
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478978872
Also
9925:BE0478978872
Registered
27-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0478.978.872
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Huy · 1 establishment unit since 2003
Ground area
7,338 m²
Building footprint
2,773 m²
Building volume
16,119 m³
2 parcels, Wallonia · tallest building 6.8 m. Linked by address, not a title deed.
1 establishment unit
M.C.DEVELOPMENT
since 2003unit no. 2.115.226.837
2 parcels
Wallonia
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 61070A0115/00A004 | Wallonia | 6,085 m² | 1 · 2,525 m² | 6.8 m · 2 |
| 61322A0019/00F005 | Wallonia | 1,253 m² | 1 · 248 m² | - |
How the parcels are linked
Good to know
Both parcels match the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toute entreprise et tous travaux d'aménagement de plaines de jeux et de sports, de parc et de jardins; tous travaux de drainage…” (deed in French)
8 activities (deed in French)
- Toute entreprise et tous travaux d'aménagement de plaines de jeux et de sports, de parc et de jardins; tous travaux de drainage, d'irrigation et d'arrosage de tous sols; toute entreprise de plantation forestière, de travaux horticoles, de pose de clôture, d'éclairage, y compris la construction de sols et plus généralement toute entreprise de construction ou équipement en ces domaines, y compris le terrassement et l'engineering
- La fabrication, la commercialisation de matériel sportif, de loisirs et de tous accessoires liés directement ou indirectement au sport et aux loisirs, l'exploitation de brevets d'appareils sportifs ou de loisirs, la commercialisation ou la fabrication de tous matériaux liés directement ou indirectement à la construction ainsi qu'à l'entretien du sol, en général. La pose de revêtements spéciaux pour la pratique de différents sports
- La tenue d'un bureau d'études et de conseils en aménagement d'intérieur, le commerce de meubles, mobiliers de bureau et de matériel d'éclairage, lampe et autres, la conception, la fabrication, le placement de tous mobiliers offerts en vente, la décoration intérieure au sens large, la création d'étalages, le placement de décors divers pour théâtre, cinémas, etc. et l'installation de magasins
- La fabrication, l'achat et la vente de meubles et les articles pour la décoration et l'aménagement intérieur d'immeubles et ceci dans le sens le plus large du terme
- Le commerce au sens large du terme, le courtage et toutes autres opérations concernant tous matériaux et produits de construction, de rénovation, de décoration et d'aménagement au sens large
- La constitution, la gestion, l'exploitation, la mise en valeur d'un patrimoine immobilier, et pour ce faire, l'aliénation, l'acquisition, la location de tout bien ou droit réel immobilier
- L'exploitation de tous brevets, licences, secrets de fabrication, dessins et modèles
- La mise en valeur, l'exploitation, la gestion dans la plus large acceptation du terme de tous biens immeubles bâtis ou non bâtis, ainsi que la gestion de toutes valeurs de portefeuille et la prise de participations dans toute société de gestion
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision de l’organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 20 - REPRESENTATION DE LA SOCIETE a). Tous les actes qui engagent la société, en justice et dans tous les actes sont valables s’ils…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Le conseil d'administration élit parmi ses membres un président. Le conseil peut également nommer un vice-président. En cas d'empêchement du…” (deed in French)“Au lieu indiqué dans la convocation et à défaut de telle indication, au siège social, convocation du conseil d'administration” (deed in French)“Tout administrateur peut donner mandat à un de ses collègues pour le représenter à une réunion déterminée du conseil d'administration et…” (deed in French)“Procès-verbaux du conseil d'administration, Toutes copies et extraits des procès-verbaux sont signés par le président du Conseil…” (deed in French)“Accomplir tous les actes nécessaires ou utiles à la réalisation de l'objet de la société, pouvoirs du conseil d'administration” (deed in French)“Le conseil d'administration détermine s'ils agissent seul ou conjointement, gestion journalière” (deed in French)“Rémunération des administrateurs, Le mandat d'administrateur est exercé gratuitement, sauf décision contraire de l'assemblée générale” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Toutes les actions sont nominatives, elles portent un numéro d'ordre. Elles sont inscrites dans un registre des actions nominatives tenu au…” (deed in French)“Tous les titres, autres que les actions, sont nominatifs, ils portent un numéro d'ordre. Ils sont inscrits dans un registre des titres…” (deed in French)“Toute action est indivisible. Si une action appartient à plusieurs copropriétaires, la société peut suspendre l'exercice des droits y…” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Applicable dans tous les cas de cessions entre vifs, soit à titre onéreux, soit à titre gratuit, tant volontaires que forcées (cas de…” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 15:00
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- 2 provisions in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- 2 provisions in the deed