Equity
€22,551 from €53,728 in 2020
Equity fell by 58% in 5 years.
M C E
Lifetime
9 annual accounts with figures on one time axispeak €47,824 (2024)
€15,584▼ 67.4%
lowest -€24,381 (2023)
€12,291▲ 75.5%
peak €53,728 (2020)
€22,551▲ 29.2%
€9,187▼ 10.7%
peak 0.8 FTE (2019)
-not published
Board5 names since 2017
3 directors and 2 others
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Gross margin from €47,824 to €15,584Result from €7,005 to €12,291Resignation: (director) 24-01Dividend €7,200Equity from €17,460 to €22,551
Key points
from the 2025 annual accountsTurnover
≈ €98,000 estimated
The micro format states no turnover.
Liquidity
2.75 was 1.93 in 2024
Short-term debts fell from €10,287 to €9,187.
Filings
9 annual accounts 1 late
The 2017 accounts came 86 days late. The other eight were filed on time.
Starting capital
€18,600 186 shares
Position in the sector
€12,291
Lower net result than 81% of companies in human health. Sector median €59,543 · 21,321 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as M C E has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,973 companies, not a prediction for M C E. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Manager, since 25-08-2017
Director, since 06-03-2018
Director
- deed of 23-05-2018
Recent changes
Resignation: (director)
Board meeting of 02-01-2025 · Gazette deed
Appointments: (director) and (director)
General meeting of 13-04-2023 · Gazette deed
Appointment: (manager)
Transfer of shares from to · General meeting of 2018-03 · Gazette deed
Resignation: (manager)
holds all the shares · General meeting of 30-09-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| M C E Etterbeek | €31,738 | €15,584 | 71.1% | - |
| TRAVAGLINI'S GENERAL PRACTICE Anderlecht | €27,756 | €19,512 | -11.4% | - |
| Sur Le Chemin Ittre | €31,180 | €20,404 | 88.7% | - |
| MEDICAL FOCUS Zaventem | €20,917 | €15,584 | -17.7% | - |
| DR. VICTOR CAMERLYNCK Antwerp | €37,950 | €15,500 | 28.4% | - |
| Dr. Kathleen Van Aken Edegem | €39,954 | €11,550 | 90.8% | - |
| Integraal Healthcare Management Services Antwerp | €50,627 | €14,073 | 34.3% | - |
These companies have the same main activity as M C E: general medical practice (NACE 86210). They are comparable in size and age: total assets between €20,900 and €50,600, founded between 2015 and 2021.
Official details
Source: KBO- Status
- Active since 25-08-2017Normal situation
- Activity
- General medical practiceNACE 86210
- Joint committee
- 330Health institutions and services · annual accounts 2025
- Establishment unit
- 2.268.658.4671040 Etterbeek, since 01-10-2017
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €31,738▲ 14.4%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on M C E
M C E files the micro format. That format states no turnover. The gross margin fell from €18,621 in 2017 to €15,584 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about M C E
- What is the company number of M C E?
- The company number of M C E is 0680.438.766. The VAT number is the same number with BE in front: BE 0680.438.766.
- Where is M C E based?
- The registered office is at Oudergemlaan 239, 1040 Etterbeek.Company details
- What does M C E do?
- According to the KBO register, the main activity is general medical practice (NACE 86210).
- What is the legal form of M C E?
- M C E is a private limited company (BV).
- When was M C E founded?
- M C E was founded on 25-08-2017.
- Is M C E still active?
- Yes, M C E is an active enterprise in the KBO register.
- How many employees does M C E have?
- M C E had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does M C E fall under?
- In its 2025 annual accounts, M C E states joint committee 330 (Health institutions and services).
- What is the turnover of M C E?
- The turnover in financial year 2025 is ≈ €98,000. This figure is estimated from the gross margin of €15,584 and 51 comparable companies (NACE 86). It probably lies between €66,000 and €170,000. It is a rough estimate. In financial year 2018 turnover was €109,372.
- Is M C E profitable?
- In financial year 2025, M C E made a profit of €12,291.
- Where can I find the annual accounts of M C E?
- M C E filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M C E due?
- M C E must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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