M.C.M.
ActiveM.C.M. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.52M and a net result of €222k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 493 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
86
/ 100
Excellent▼ -14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability44▼-23
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 13.85 against 16.92 in 2023), and 7.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
92.1%
Return on assets
8.1%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
43 d early
2022
30 d early
2021
65 d early
2020
74 d early
2019
70 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.52M▲ 5.1%
2023 · €2.40M
2018: €1.43M
2019: €1.70M
2020: €1.92M
2021: €1.98M
2022: €2.18M
2023: €2.40M
2018 → 2024
Total assets
€2.74M▲ 8.8%
2023 · €2.52M
2018: €2.14M
2019: €2.21M
2020: €2.29M
2021: €2.15M
2022: €2.29M
2023: €2.52M
2018 → 2024
Net result
€222k▼ 31.2%
2023 · €322k
2018: €291k
2019: €320k
2020: €211k
2021: €64k
2022: €201k
2023: €322k
2018 → 2024
Working capital
€1.80M▼ 1.4%
2023 · €1.83M
2018: €1.08M
2019: €1.27M
2020: €1.51M
2021: €1.69M
2022: €1.79M
2023: €1.83M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.92M-€1.98M▲ 3.3%€2.18M▲ 10.2%€2.40M▲ 10.2%€2.52M▲ 5.1%
Operating result€239k-€87k▼ 63.5%€263k▲ 201%€446k▲ 69.5%€320k▼ 28.3%
Net result€211k-€64k▼ 69.7%€201k▲ 214%€322k▲ 59.8%€222k▼ 31.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.74M
Fixed assets
€800k▲ 38.7%
Current assets
€1.94M=
Equity and liabilities €2.74M
Equity
€2.52M▲ 5.1%
Debt
€215k▲ 87.7%
The debt ratio rises from 4.6% to 7.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€534k▼
2023 · €610k
Cash flow
€436k▼
2023 · €486k
Solvency
92.1%▼
2023 · 95.4%
Current ratio
13.85▼
2023 · 16.92
Quick ratio
10.19▼
2023 · 13.22
Debt / equity
0.09▲
2023 · 0.05
ROE
8.8%▼
2023 · 13.4%
ROA
8.1%▼
2023 · 12.8%
Interest coverage
15.96▼
2023 · 35.22
Debt
€215k▲
2023 · €115k
Debt ≤ 1 year
€140k▲
2023 · €115k
Income taxes
€65k▼
2023 · €110k
Staff costs
€735k▲
2023 · €638k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.52M€2.74M▲
Fixed assets21/28€577k€800k▲
Tangible fixed assets22/27€577k€800k▲
Land and buildings22€6k€5k▼
Plant, machinery and equipment23€391k€445k▲
Furniture and vehicles24€180k€350k▲
Current assets29/58€1.94M€1.94M=
Stocks and contracts in progress3€425k€512k▲
Contracts in progress37€425k€512k▲
Amounts receivable within one year40/41€666k€327k▼
Trade receivables40€575k€231k▼
Other amounts receivable41€91k€96k▲
Current investments50/53€595k€595k=
Cash at bank and in hand54/58€255k€505k▲
Equity and liabilities
Total equity and liabilities10/49€2.52M€2.74M▲
Equity10/15€2.40M€2.52M▲
Contributions10/11€80k€80k=
Reserves13€2.32M€2.44M▲
Non-distributable reserves130/1€8k€0▼
Reserves not available under the articles1311€8k€0▼
Distributable reserves133€2.31M€2.44M▲
Profit (loss) carried forward14€2k€0▼
Amounts payable17/49€115k€215k▲
Amounts payable within one year42/48€115k€140k▲
Financial debts43€29k€29k▼
Credit institutions430/8€29k€29k▼
Trade debts44€41k€18k▼
Suppliers440/4€41k€18k▼
Taxes, remuneration and social security45€39k€55k▲
Taxes450/3€39k€33k▼
Remuneration and social security454/9€0€22k▲
Other amounts payable47/48€6k€38k▲
Accrued charges and deferred income492/3€0€75k▲
Income statement
Code20232024
Non-recurring operating income76A€8k€0▼
Remuneration, social security and pensions62€638k€735k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€164k€214k▲
Other operating charges640/8€6k€20k▲
Gross operating margin9900€1.25M€1.29M▲
Operating profit (loss)9901€446k€320k▼
Financial income75/76B€4k€539▼
Recurring financial income75€4k€539▼
Financial charges65/66B€17k€33k▲
Recurring financial charges65€17k€33k▲
Profit (loss) for the period before taxes9903€432k€287k▼
Income taxes67/77€110k€65k▼
Profit (loss) for the period9904€322k€222k▼
Profit (loss) for the period to be appropriated9905€322k€222k▼
Appropriation of the result
Profit (loss) to be appropriated9906€324k€223k▼
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer from equity791/2€100k€0▼
Transfer to equity691/2€322k€123k▼
To the legal reserve6920-€123k
To other reserves6921€322k€0▼
Profit to be distributed694/7€100k€100k=
Return on contributions (dividend)694€100k€100k=
Social balance
Average headcount (FTE)908710.10.0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €322k ▲59.8%
Net result €322k, the highest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €2MEq €2.18M ▲10.2%
5 profitable years in a row build equity to €2.18M.
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €64k ▼69.7%
Net result drops to €64k, the lowest in the series; recovery starts the following year.
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Michielsen Rik
CurrentDirector · since 30-03-2023
Michielsen, Jan August Emilia
CurrentDirector · since 30-03-2023
30-03-2023
Michielsen Rik: Appointed as Director
30-03-2023
Michielsen, Jan August Emilia: Resigned as Director
30-03-2023
Michielsen, Jan August Emilia: Appointed as Director
Location & real-estate footprint
Registered office, Retie · 1 establishment unit since 1994
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.
Looiend 272470 RetieGround area
3,900 m²
Building footprint
250 m²
Volume, LiDAR
1,215 m³
Parcel 13036A0520/00Y000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M.C.M.
since 19942.067.645.862
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13036A0520/00Y000 | Flanders | 3,900 m² | 1 · 250 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ANIMMA
BE 0448.601.343
Antwerpen · Eq €2.53M
LARCIN
BE 0401.185.367
Estinnes · Eq €2.55M
Groupe Broers
BE 0808.226.863
Perwez · Eq €2.55M
JACKRI
BE 0897.122.811
Bilzen-Hoeselt · Eq €2.56M
Scheldekabel
BE 0416.984.786
Dendermonde · Eq €2.45M
Of 2,315 companies in sector 42110 we hold annual accounts for 1,088. 499 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-06-1994
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
45230
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.