M-CR
ActiveSummary
The computed 12-month bankruptcy probability of M-CR is 2.4% (moderate). The 2025 annual accounts show negative equity (-€222,259) and a net result of -€214. Equity is shrinking by ~4% per year across the filed fiscal years. The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€222,259
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
54 d late
2023
70 d late
2022
28 d late
2021
73 d late
2020
24 d early
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 42 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€222,259▼ 0.1%
2024 · -€222,045
Total assets
€500=
2024 · €500
Net result
-€214▲ 96.1%
2024 · -€5,448
Working capital
-€217,097▼ 3.8%
2022 · -€209,234
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€455-€1,668-€4,396▼ 164%€0-€214
Net result€337-€8,790-€7,863▲ 10.5%-€5,448▲ 30.7%-€214▲ 96.1%
Equity-€199,944▲ 0.2%-€208,734▼ 4.4%-€216,597▼ 3.8%-€222,045▼ 2.5%-€222,259▼ 0.1%
Total assets€510▲ 1.9%€510=€500▼ 1.9%€500=€500=
Debt€200,454▼ 0.2%€209,244▲ 4.4%€217,097▲ 3.8%€222,545▲ 2.5%€222,759▲ 0.1%
Working capital-€200,444▲ 0.2%-€209,234▼ 4.4%-€217,097▼ 3.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €214 after €0 in 2024.
Key figures and ratios
Debt ≤ 1 year
€222,759▲
2024 · €222,545
Ratios withheld: a balance sheet total of €500 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €10 | - | - | - |
| Gross operating margin9900 | €455 | -€1,668 | -€4,386 | €0 | -€214 | - |
| Operating profit (loss)9901 | €455 | -€1,668 | -€4,396 | €0 | -€214 | - |
| Financial income75/76B | €0 | - | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | €118 | €7,122 | €3,467 | €5,448 | - | - |
| Recurring financial charges65 | €118 | €7,122 | €3,467 | €5,448 | - | - |
| Profit (loss) for the period before taxes9903 | €337 | -€8,790 | -€7,863 | -€5,448 | -€214 | ▲ 96.1% |
| Profit (loss) for the period9904 | €337 | -€8,790 | -€7,863 | -€5,448 | -€214 | ▲ 96.1% |
| Profit (loss) for the period to be appropriated9905 | €337 | -€8,790 | -€7,863 | -€5,448 | -€214 | ▲ 96.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €510 | €510 | €500 | €500 | €500 | = |
| Fixed assets21/28 | €500 | €500 | €500 | €500 | €500 | = |
| Tangible fixed assets22/27 | €0 | €0 | - | - | - | - |
| Land and buildings22 | €0 | €0 | - | - | - | - |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €10 | €10 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €10 | €10 | €0 | - | - | - |
| Other amounts receivable41 | €10 | €10 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €0 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €510 | €510 | €500 | €500 | €500 | = |
| Equity10/15 | -€199,944 | -€208,734 | -€216,597 | -€222,045 | -€222,259 | ▼ 0.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Other1319 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€208,004 | -€216,794 | -€224,657 | -€230,105 | -€230,319 | ▼ 0.1% |
| Amounts payable17/49 | €200,454 | €209,244 | €217,097 | €222,545 | €222,759 | ▲ 0.1% |
| Amounts payable within one year42/48 | €200,454 | €209,244 | €217,097 | €222,545 | €222,759 | ▲ 0.1% |
| Trade debts44 | €0 | - | €2,972 | €0 | - | - |
| Suppliers440/4 | €0 | - | €2,972 | €0 | - | - |
| Taxes, remuneration and social security45 | €19,620 | €22,881 | €0 | - | - | - |
| Remuneration and social security454/9 | €19,620 | €22,881 | €0 | - | - | - |
| Other amounts payable47/48 | €180,833 | €186,363 | €214,125 | €222,545 | €222,759 | ▲ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €337 | -€8,790 | -€7,863 | -€5,448 | -€214 | ▲ 96.1% |
| Operating cash flow (approximation) | €337 | -€8,790 | -€7,863 | -€5,448 | -€214 | ▲ 96.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Back to profitnet €337
Net result €337 after 2 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€75,882
Net result drops to -€75,882, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Eupen
Ground area
1,770 m²
Building footprint
443 m²
Volume, LiDAR
2,719 m³
Parcel 63041G0256/00N002, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63041G0256/00N002 | Wallonia | 1,770 m² | 1 · 443 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company details
Identification
Legal formPrivate limited company
Founded31-08-2006
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.