M&C DRIVE · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of M&C DRIVE is 3.5% (moderate). The 2024 annual accounts show equity of €3k and a net result of €3k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 14 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

How we compute the deadline

The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	30-10-2025	91 d late	2025-00558431
31-12-2023	31-07-2024	24-02-2025	208 d late	2025-00042457

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

3.5% Moderate

0%0,5%1,5%4%10%≥25%

Young company +No NACE activity registered +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€65k-57.6%

EBIT margin4.5%+10.0pp

Net result€3k

Working capital€2k

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 30-10-2025 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

Revenue

€65k

-57.6% 23-24

Net profit

€3k

- 23-24

Total assets

€7k

+29.2% 23-24

Equity

€3k

- 23-24

Working capital

€2k

- 23-24

Staff costs

€407

+15.8% 23-24

Debt

€5k

-18.8% 23-24

Debt ≤ 1y

€5k

-18.8% 23-24

Current ratio

1.41

+77.0% 23-24

Quick ratio

0.93

+36.8% 23-24

Solvency

34.3%

- 23-24

Debt / equity

1.92

- 23-24

ROE

110.2%

-96.3% 23-24

ROA

37.8%

- 23-24

Net margin

4.3%

- 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	€65k
EBITDA	-
Net profit	€3k
Cash flow	-
Staff costs	€407
Income taxes	-
Dividends	-
Total assets	€7k
Equity	€3k
Debt	€5k
of which ≤ 1y	€5k
of which > 1y	-
Working capital	€2k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.41
Quick ratio	0.93
Working capital ratio	26.7%
Solvency	34.3%
Debt / equity	1.92
Long-term debt ratio	-
Interest coverage	-
Gross margin	5.1%
Net margin	4.3%
ROA	37.8%
ROE	110.2%
EBITDA margin	-
Days sales outstanding	4d
Days payable outstanding	2d
Inventory turnover	26.65
Days inventory (DSI)	14d

Balance-sheet composition 2024

Assets

Fixed assets €561 · 7.6% Current assets €7k · 92.4%

Equity & liabilities

Equity €3k · 34.3% Debt €5k · 65.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€7k
Fixed assets	21/28	€561
Tangible fixed assets	22/27	€463
Financial fixed assets	28	€98
Current assets	29/58	€7k
Stocks & contracts in progress	3	€2k
Amounts receivable within one year	40/41	€662
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€7k
Equity	10/15	€3k
Contributions / capital	10/11	€8k
Accumulated profits (losses)	14	€-5k
Amounts payable	17/49	€5k
Amounts payable within one year	42/48	€5k
Trade debts payable within one year	44	€363
Income statement
Turnover	70	€65k
Gross operating margin	9900	€3k
Operating result	9901	€3k
Financial charges	65	€142
Result before taxes	9903	€3k
Net result for the period	9904	€3k
Result to be appropriated	9905	€3k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

76 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Leuvensesteenweg 2461932 Zaventem

Establishment units

1 location

M&C DRIVE

Hendrik I-lei 116, 1800 VilvoordeVervaardiging van carrosserieën voor motorvoertuigen

since 20222.337.173.131

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area720 m²

Buildings2

Building footprint280 m²

Volume (LiDAR)2,696 m³

Tallest building14.6 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23078A0472/00L000	Flanders	461 m²	1 · 192 m²	10.8 m · 3 fl.
23643G0474/00N005	Flanders	259 m²	1 · 87 m²	14.6 m · 5 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

Address history · 1

24-08-2023

Registered-office move

All acts · 1 updated 2 years ago

2023

24-08-2023 Registered office moved from MACHELEN to Zaventem Registered-office change

GEORGE FERRESTRAAT 27 - 1830 MACHELEN → Leuvensesteenweg 246 bus 1-1932 Zaventem

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

72 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 76

Profitability 73

Solvency 63

Growth 52

Stability 94

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers

Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Company registry

Company registry (CBE)

Crossroads Bank

Names & trade names

Legal nameNL

M&C DRIVE

Registered office

Leuvensesteenweg 246 bus 1

1932 Zaventem, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.