M.C.E. TECHNOLOGIC
ActiveSummary
M.C.E. TECHNOLOGIC has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€10,945) and a net result of -€344. Equity is shrinking by about 4.3% per year across the filed financial years. Its solvency ranks better than 5% of 21,074 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- -€10,945
- Loss
- -€344
Why 53raises riskCapped at 59: negative equityNegative equity -€10,945Loss of €344, the second in a row (financial year 2025)lowers riskSize: total assets €2,358Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro): better than 3% on solvency, 6% on liquidity, 10% on profitability and 36% on growth.
The bankruptcy probability was computed on 25-10-2026 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).
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Signals
This company filed its last 7 accounts on average 19 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €85 after a loss of €451 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: 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.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.4% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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 6,906 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,641 | €6,641 | €292 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €348 | €348 | €384 | €387 | €700 | ▲ 80.7% |
| Gross operating margin9900 | €13,840 | €6,113 | €829 | €2,270 | -€268 | -€744 | -€64 | €785 | - |
| Operating profit (loss)9901 | €6,795 | -€926 | €189 | €1,923 | -€616 | -€1,129 | -€451 | €85 | - |
| Financial income75/76B | - | - | - | - | €100 | €120 | €94 | €88 | ▼ 6.0% |
| Recurring financial income75 | €0 | - | - | - | €100 | €81 | €94 | €88 | ▼ 6.0% |
| Non-recurring financial income76B | - | - | - | - | - | €39 | - | - | - |
| Financial charges65/66B | - | - | - | €83 | €423 | €494 | €567 | €518 | ▼ 8.6% |
| Recurring financial charges65 | €602 | €314 | €316 | €83 | €423 | €494 | €567 | €518 | ▼ 8.6% |
| Profit (loss) for the period before taxes9903 | €6,192 | -€1,240 | -€127 | €1,840 | -€939 | -€1,502 | -€924 | -€344 | ▲ 62.7% |
| Profit (loss) for the period9904 | €6,192 | -€1,240 | -€127 | €1,840 | -€939 | -€1,502 | -€924 | -€344 | ▲ 62.7% |
| Profit (loss) for the period to be appropriated9905 | €6,192 | -€1,240 | -€127 | €1,840 | -€939 | -€1,502 | -€924 | -€344 | ▲ 62.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €23,072 | €2,209 | €224 | €1,692 | €1,686 | €3,711 | €2,098 | €2,358 | ▲ 12.4% |
| Fixed assets21/28 | €6,934 | €292 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €6,934 | €292 | - | - | - | - | - | - | - |
| Current assets29/58 | €16,138 | €1,917 | €224 | €1,692 | €1,686 | €3,711 | €2,098 | €2,358 | ▲ 12.4% |
| Amounts receivable within one year40/41 | €11,304 | - | €5 | €155 | €1,529 | €3,510 | €1,951 | €2,043 | ▲ 4.7% |
| Trade receivables40 | - | - | - | €140 | €100 | €1,748 | €94 | €88 | ▼ 6.0% |
| Other amounts receivable41 | - | - | - | €14 | €1,429 | €1,762 | €1,857 | €1,955 | ▲ 5.3% |
| Cash at bank and in hand54/58 | €4,834 | €1,917 | €219 | €1,490 | €158 | €201 | €147 | €315 | ▲ 114% |
| Deferred charges and accrued income490/1 | - | - | - | €47 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €23,072 | €2,209 | €224 | €1,692 | €1,686 | €3,711 | €2,098 | €2,358 | ▲ 12.4% |
| Equity10/15 | -€7,709 | -€8,949 | -€9,075 | -€7,235 | -€8,175 | -€9,677 | -€10,601 | -€10,945 | ▼ 3.2% |
| Contributions10/11 | €60,600 | €60,600 | €60,600 | €60,600 | €60,600 | - | - | - | - |
| Capital10 | - | - | - | €60,600 | €60,600 | - | - | - | - |
| Issued capital100 | - | - | - | €60,600 | €60,600 | - | - | - | - |
| Reserves13 | - | - | - | - | - | €60,600 | €60,600 | €60,600 | = |
| Distributable reserves133 | - | - | - | - | - | €60,600 | €60,600 | €60,600 | = |
| Profit (loss) carried forward14 | -€68,309 | -€69,549 | -€69,675 | -€67,835 | -€68,775 | -€70,277 | -€71,201 | -€71,545 | ▼ 0.5% |
| Amounts payable17/49 | €30,781 | €11,158 | €9,299 | €8,928 | €9,861 | €13,388 | €12,699 | €13,303 | ▲ 4.8% |
| Amounts payable after more than one year17 | €2,884 | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €27,549 | €10,810 | €8,766 | €8,928 | €9,539 | €13,054 | €12,265 | €12,879 | ▲ 5.0% |
| Financial debts43 | - | - | - | - | €5 | - | - | - | - |
| Credit institutions430/8 | - | - | - | - | €5 | - | - | - | - |
| Trade debts44 | €7,700 | - | €18 | €140 | €348 | €1,478 | - | - | - |
| Suppliers440/4 | - | - | - | €140 | €348 | €1,478 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | - | €50 | - |
| Taxes450/3 | - | - | - | - | - | - | - | €50 | - |
| Other amounts payable47/48 | - | - | - | €8,787 | €9,187 | €11,576 | €12,265 | €12,829 | ▲ 4.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €322 | €333 | €434 | €424 | ▼ 2.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,192 | -€1,240 | -€127 | €1,840 | -€939 | -€1,502 | -€924 | -€344 | ▲ 62.7% |
| + Depreciation and write-downs630 | €6,641 | €6,641 | €292 | - | - | - | - | - | - |
| Operating cash flow (approximation) | €12,834 | €5,402 | €166 | €1,840 | -€939 | -€1,502 | -€924 | -€344 | ▲ 62.7% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - | - |
| Change in cash | - | -€2,918 | -€1,697 | €1,271 | -€1,333 | €43 | -€53 | €168 | - |
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 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00243219 |
| 31-12-2024 | micro format | 08-07-2025 | 2025-00255021 |
| 31-12-2023 | micro format | 07-08-2024 | 2024-00337595 |
| 31-12-2022 | micro format | 04-07-2023 | 2023-00210851 |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20164133 |
| 31-12-2020 | micro format | 18-08-2021 | 2021-51300599 |
| 31-12-2019 | micro format | 12-06-2020 | 2020-16700007 |
| 31-12-2018 | micro format | 18-07-2019 | 2019-34900147 |
| 31-12-2017 | micro format | 30-07-2018 | 2018-40600144 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56600277 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Marco LIGURGO |
|
Owners and capital
Capital and shareholders
- 01-02-2024 Converted to unavailable equity · €60,600
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
01-02
Gazette deed
Appointment: Marco LIGURGO (director)Resignation: Marco LIGURGO (manager) · Legal-form conversion · Amendment of the articles11 facts ▸
- Legal-form conversion, “Société à Responsabilité Limitée” (deed in French)
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Declaration, “absence de réserve légale” (deed in French)
- Reserve release, “unanimité, suppression du compte de capitaux propres statutairement indisponible” (deed in French)
- Capital
- Capital conversion, “capitaux propres non indisponibles, l’assemblée générale ayant décidé de supprimer cette indisponibilité” (deed in French)
- Registered-office move, 6001 Marcinelle, Rue Hoyas 102
- Power of attorney
- Director appointment, Marco LIGURGO (director (not named in the articles))
- Director resignation, Marco LIGURGO (manager)
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52352C0188/00B002 | Wallonia | 610 m² | 1 · 178 m² | 6.7 m · 2 |
| 52393B0302/00T003 | Wallonia | 462 m² | 1 · 60 m² | 8.6 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Recherche et développement de programmes informatiques en matière de modélisation informatique et de cartographie visant tant le domaine de…” (deed in French)
5 activities (deed in French)
- Recherche et développement de programmes informatiques en matière de modélisation informatique et de cartographie visant tant le domaine de l’automobile que de la domotique
- La sous-traitance
- Le développement et le commerce dans le sens le plus large en ce compris l’achat, la vente, l’importation, l’exportation et la conception de softwares relatifs à l’électronique en général
- Toutes opérations quelconques, commerciales, industrielles ou financières, mobilières ou immobilières se rattachant directement ou indirectement à son objet social, même partiellement
- S’intéresser par voie d’apports, de souscriptions, d’interventions financières ou par tous les autres modes, dans toutes société ou entreprises ayant en tout ou en partie un objet similaire ou connexe au sien ou susceptible d’en favoriser l’extension ou le développement
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- M.C.E. TECHNOLOGIC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, peut établir, par simple décision de l’organe d’administration, des sièges administratifs, d'exploitation, agences et…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, organe d'administration” (deed in French)“Rémunération, mandat d'administrateur gratuit” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, Les titulaires d’actions peuvent prendre connaissance de ce registre relatif à leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “En cas de transfert d’une action non entièrement libérée, tant le cédant que le cessionnaire sont solidairement tenus de la libération…” (deed in French)“Tous les frais de procédure et d’expertise étant pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs…” (deed in French)2 more provisions on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Lorsque les actions ne sont pas entièrement libérées, l’organe d’administration décide souverainement des appels de fonds complémentaires à…” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Affectation du bénéfice, chaque action confère un droit égal dans la répartition des bénéfices” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of June at 18:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “Convocations, e-mails envoyés 15 jours au moins avant l'assemblée” (deed in French)
- Meeting procedureHow the meeting runs, from opening to minutes.
- “Séances et délibérations, ne peut délibérer que sur les propositions figurant à l'ordre du jour, sauf si toutes les personnes à convoquer…” (deed in French)“Prorogation, annule toutes les décisions prises” (deed in French)
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- “Tout actionnaire peut se faire représenter par toute personne, actionnaire ou non, porteuse d'une procuration spéciale, représentation et…” (deed in French)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Rémunération de l'expert-comptable à charge de la société s'il a été désigné avec son accord ou si mise à sa charge par décision judiciaire…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution et liquidation, les biens conservés leur sont remis pour être partagés dans la même proportion” (deed in French)