M C E
Annual accounts 2025
micro format, filed on 22-06-2026, 39 days before the deadline€15,584
▼ 67.4%
€12,435
▲ 70.1%
€13,873
▲ 51.5%
€13,729
▲ 55.1%
71.1%
▲ 8.1 percentage points
2.75
▲ 0.82
Money flows
no detail for 2025Balance sheet
balance sheet total €31,738 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
71.1%
Higher than 58% of 21,334 companies in 2025.
2.75
Higher than 50% of 20,884 companies in 2025.
38.7%
Higher than 74% of 21,184 companies in 2025.
M C E
Middle half of the sector
80% of the sector
Micro accounts in human health (NACE 86)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Staff
€1,653
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
31,738 | 27,747 | 27,210 | 52,217 | 68,501 | 88,237 | 47,642 | 50,452 | 27,283 | |
21/28 |
6,494 | 7,932 | 9,779 | 11,988 | 14,214 | 5,372 | 3,030 | 5,438 | - | |
22/27 |
6,494 | 7,932 | 9,779 | 11,988 | 14,214 | 5,372 | 3,030 | 5,438 | - | |
22 |
2,698 | 2,873 | 3,049 | 3,224 | 3,400 | - | - | - | - | |
23 |
2,846 | 3,330 | 3,814 | 4,298 | 4,782 | - | - | - | - | |
24 |
950 | 1,729 | 2,916 | 4,466 | 6,032 | 5,372 | 3,030 | 5,438 | - | |
29/58 |
25,244 | 19,815 | 17,431 | 40,229 | 54,287 | 82,865 | 44,612 | 45,014 | 27,283 | |
40/41 |
4,952 | - | - | - | 4,891 | 3,023 | 8,912 | 7,546 | 73 | |
40 |
- | - | - | - | - | - | 454 | - | - | |
41 |
4,952 | - | - | - | 4,891 | 3,023 | 8,458 | 7,546 | 73 | |
54/58 |
18,016 | 16,069 | 13,083 | 31,023 | 33,993 | 62,602 | 27,691 | 31,123 | 22,750 | |
490/1 |
2,276 | 3,746 | 4,348 | 9,206 | 15,403 | 17,240 | 8,009 | 6,345 | 4,460 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
31,738 | 27,747 | 27,210 | 52,217 | 68,501 | 88,237 | 47,642 | 50,452 | 27,283 | |
10/15 |
22,551 | 17,460 | 10,455 | 34,836 | 49,932 | 53,728 | 40,638 | 36,324 | 26,772 | |
10/11 |
12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,100 | 6,100 | 6,100 | |
13 |
7,364 | 7,364 | 7,364 | 7,364 | 7,364 | 7,364 | 7,364 | 7,364 | 7,364 | |
130/1 |
364 | 364 | 364 | 7,364 | 7,364 | 7,364 | - | - | - | |
130 |
- | - | - | - | - | - | 364 | 364 | 364 | |
1311 |
364 | 364 | 364 | 7,364 | 7,364 | 7,364 | - | - | - | |
132 |
7,000 | 7,000 | 7,000 | - | - | - | 7,000 | 7,000 | 7,000 | |
14 |
2,687 | -2,404 | -9,409 | 14,972 | 30,068 | 33,864 | 20,774 | 16,460 | 6,908 | |
17/49 |
9,187 | 10,287 | 16,755 | 17,381 | 18,569 | 34,509 | 7,004 | 14,128 | 511 | |
42/48 |
9,187 | 10,287 | 16,755 | 17,381 | 18,569 | 34,509 | 7,004 | 14,128 | 511 | |
43 |
- | - | - | 9 | - | - | - | - | - | |
430/8 |
- | - | - | 9 | - | - | - | - | - | |
44 |
385 | 794 | 1,018 | 802 | 317 | 3,160 | 439 | 5,121 | 21 | |
440/4 |
385 | 794 | 1,018 | 802 | 317 | 3,160 | 439 | 5,121 | 21 | |
45 |
1,602 | 7,478 | 14,456 | 7,718 | 17,252 | 19,306 | 6,565 | 4,898 | 81 | |
450/3 |
336 | 1,260 | 5,665 | 146 | 10,210 | 13,764 | 2,387 | 3,693 | - | |
454/9 |
1,266 | 6,218 | 8,791 | 7,572 | 7,042 | 5,542 | 4,178 | 1,205 | 81 | |
47/48 |
7,200 | 2,015 | 1,281 | 8,852 | 1,000 | 12,043 | - | 4,109 | 409 | |
| Income statement | ||||||||||
70 |
- | - | - | - | - | - | - | 109,372 | 38,496 | |
76A |
8,194 | 15,859 | - | 13,829 | 12,203 | 23,433 | - | - | - | |
9900 |
15,584 | 47,824 | 16,740 | -41,794 | -57,050 | -26,622 | -25,887 | -15,328 | 18,621 | |
60/61 |
- | - | - | - | - | - | - | 124,712 | 19,875 | |
62 |
1,653 | 37,669 | 44,248 | 39,189 | 35,037 | 24,274 | 24,773 | 19,276 | 4,107 | |
630 |
1,438 | 1,847 | 2,209 | 2,226 | 1,887 | 2,439 | 2,408 | 1,853 | - | |
640/8 |
58 | 998 | 930 | 528 | 645 | 495 | 334 | 8,166 | 319 | |
66A |
- | - | - | - | - | 69 | - | - | - | |
9901 |
12,435 | 7,310 | -30,647 | -83,737 | -94,619 | -53,899 | -53,402 | -44,623 | 14,195 | |
75/76B |
134 | - | 6,597 | 68,758 | 91,034 | 93,125 | 56,443 | 56,875 | 101 | |
75 |
134 | - | 6,597 | 68,758 | 91,034 | 93,125 | 56,443 | 56,875 | 101 | |
65/66B |
137 | 131 | 211 | 117 | 101 | 102 | 52 | 222 | 25 | |
65 |
137 | 131 | 211 | 117 | 101 | 102 | 52 | 222 | 25 | |
9903 |
12,432 | 7,179 | -24,261 | -15,096 | -3,686 | 39,124 | 2,989 | 12,030 | 14,271 | |
67/77 |
141 | 174 | 120 | - | 110 | 8,829 | -1,325 | 2,478 | - | |
9904 |
12,291 | 7,005 | -24,381 | -15,096 | -3,796 | 30,295 | 4,314 | 9,552 | 14,271 | |
9905 |
12,291 | 7,005 | -24,381 | -15,096 | -3,796 | 30,295 | 4,314 | 9,552 | 14,271 | |
| Appropriation of the result | ||||||||||
9906 |
9,887 | -2,404 | -9,409 | 14,972 | 30,068 | 51,069 | 20,774 | 16,460 | 14,271 | |
14P |
-2,404 | -9,409 | 14,972 | 30,068 | 33,864 | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 7,363 | |
6920 |
- | - | - | - | - | - | - | - | 363 | |
6921 |
- | - | - | - | - | - | - | - | 7,000 | |
694/7 |
7,200 | - | - | - | - | 17,205 | - | - | - | |
694 |
7,200 | - | - | - | - | 17,205 | - | - | - | |
| Social balance sheet | ||||||||||
9087 |
1 | 1 | 1 | 1 | 0.9 | 0.8 | 0.8 | - | - | |
Hours worked1013 |
- | 1,208 | 1,520 | 1,702 | 1,530 | 1,277 | 1,300 | - | - | |
| Document | ||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-06-2026 | 2026-00181231 | |
| 31-12-2024 | micro format | 16-06-2025 | 2025-00146134 | |
| 31-12-2023 | micro format | 17-06-2024 | 2024-00133615 | |
| 31-12-2022 | micro format | 23-06-2023 | 2023-00151472 | |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20091415 | |
| 31-12-2020 | micro format | 15-06-2021 | 2021-20000275 | |
| 31-12-2019 | micro format | 15-06-2020 | 2020-16800594 | |
| 31-12-2018 | micro format | 10-07-2019 | 2019-31300492 | |
| 31-12-2017 | micro format | 25-10-2018 | 2018-70600072 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 13,873 | 9,157 | -28,438 | -81,511 | -92,732 | -51,460 | -50,994 | -42,770 | - | ||
| 13,729 | 8,852 | -22,172 | -12,870 | -1,909 | 32,734 | 6,722 | 11,405 | - | ||
| 0 | 0 | 0 | 0 | 10,729 | 4,781 | 0 | 7,810 | - | ||
| 1,947 | 2,986 | -17,940 | -2,970 | -28,609 | 34,911 | -3,432 | 8,373 | - | ||
| 16,057 | 9,528 | 676 | 22,848 | 35,718 | 48,356 | 37,608 | 30,886 | 26,772 | ||
| - | - | - | - | - | - | - | -40.8% | 36.9% | ||
| 71.1% | 62.9% | 38.4% | 66.7% | 72.9% | 60.9% | 85.3% | 72.0% | 98.1% | ||
| 2.75 | 1.93 | 1.04 | 2.31 | 2.92 | 2.40 | 6.37 | 3.19 | 53.39 | ||
| 0.41 | 0.59 | 1.60 | 0.50 | 0.37 | 0.64 | 0.17 | 0.39 | 0.02 | ||
| 54.5% | 40.1% | -233.2% | -43.3% | -7.6% | 56.4% | 10.6% | 26.3% | 53.3% | ||
| 38.7% | 25.2% | -89.6% | -28.9% | -5.5% | 34.3% | 9.1% | 18.9% | 52.3% | ||
| over 100 | 69.90 | -134.78 | -696.68 | -918.14 | - | - | - | - | ||
| - | - | - | - | - | - | - | 25 days | 1 day | ||
| - | - | - | - | - | - | - | 15 days | 0 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| 1 | 1 | 1 | 1 | 0.9 | |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €10,729 |
| €1,438 | €1,847 | €2,209 | €2,226 | €1,887 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on M C E
The operating result for 2025 is 70% higher than in 2024 and the highest since 2017. It is the fourth rise in a row, after the fall in 2021.
Debt's share of the balance-sheet total falls from 37.1% to 28.9%. Equity is higher and debt is lower.