Equity
€32,235 ▲ 15.5%
M-CE has made a profit in every financial year since 2023.
M-CE
Lifetime
3 annual accounts with figures on one time axispeak €83,157 (2025)
€83,157▲ 49.7%
peak €20,057 (2023)
€4,337▼ 18.8%
peak €32,235 (2025)
€32,235▲ 15.5%
€66,500▼ 15.2%
Board1 name since 2023
1 director
Documentsfilings and deeds
12-05-202680 days before the deadline
2025micro format
Gross margin from €55,556 to €83,157Registered office moved within Bonheiden 12-02Equity from €27,898 to €32,235Debts from €78,447 to €66,500Cash from €1,510 to €10,587
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,545 companies had the same profile as M-CE has now. Each dot stands for 7 companies, two years later.
94.3%
were still trading
3.2%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 2,545 companies, not a prediction for M-CE. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799447868
Registered office moved within Bonheiden
New registered office: Gestelhoflei 41 unit 4, 2820 Bonheiden · Previous registered office: Mechelsesteenweg 337 A bus 11, 2820 Bonheiden · General meeting of 12-07-2024 · Gazette deed
Incorporation
Founding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 15-03-2023 · Gazette deed
First establishment
Mechelsesteenweg 337 A, Bonheiden
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| M-CE Bonheiden | €98,735 | €83,157 | 32.6% | - |
| Rhapit Heist-op-den-Berg | €105,125 | €79,780 | 96.3% | - |
| IH POWERSOLUTIONS Antwerp | €97,846 | €68,042 | 39.2% | - |
| Inno-Tech-Service Ninove | €102,314 | €84,689 | 9.0% | - |
| SMART & DESIGN Amay | €98,113 | €88,707 | 48.6% | - |
| TMN TECHNOLOGY Kraainem | €89,428 | €88,467 | 29.2% | - |
| SCHITER PRO CABLING Vilvoorde | €96,816 | €93,178 | 36.9% | - |
These companies have the same main activity as M-CE: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €89,400 and €105,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 13-03-2023Normal situation
- Activity
- General electrical installation workNACE 43211
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 2025
- Establishment unit
- 2.342.696.5872820 Bonheiden, since 13-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 23-03-2025
Annual accounts 2025
- €98,735▼ 7.2%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 12-05-2026, 80 days before the end of the filing period
Insights on M-CE
M-CE files the micro format. That format states no turnover. The gross margin rose from €45,520 in 2023 to €83,157 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-CE
- What is the company number of M-CE?
- The company number of M-CE is 0799.447.868. The VAT number is the same number with BE in front: BE 0799.447.868.
- Where is M-CE based?
- The registered office is at Gestelhoflei 41, 2820 Bonheiden.Company details
- What does M-CE do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of M-CE?
- M-CE is a private limited company (BV).
- When was M-CE founded?
- M-CE was founded on 13-03-2023.
- Is M-CE still active?
- Yes, M-CE is an active enterprise in the KBO register.
- How many employees does M-CE have?
- M-CE had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does M-CE fall under?
- In its 2025 annual accounts, M-CE states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of M-CE?
- The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €83,157 and 40 comparable companies (NACE 43211). It probably lies between €200,000 and €510,000.
- Is M-CE profitable?
- In financial year 2025, M-CE made a profit of €4,337.
- Where can I find the annual accounts of M-CE?
- M-CE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M-CE due?
- M-CE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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