MARKETING CONSULTING ENGINEERING
ActiveSummary
MARKETING CONSULTING ENGINEERING has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376k and a net result of €-20k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+8
Solvency72▲+3
Growth42▲+2
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.23 in 2024; short-term debt: 36.5% and cash: 6.6% of total assets), and 53% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-20k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
35 d early
2023
48 d early
2022
60 d early
2021
61 d early
2020
57 d early
2019
38 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.15M▲ 4.2%
2024 · €1.10M
2018: €1.53M
2019: €1.41M
2020: €1.36M
2021: €1.46M
2022: €1.81M
2023: €1.60M
2024: €1.10M
2018 → 2025
EBIT margin
-0.3%▲ 1.9pp
2024 · -2.2%
2018: 3.2%
2019: 3.7%
2020: 6.7%
2021: 4.4%
2022: 5.8%
2023: 6.6%
2024: -2.2%
2018 → 2025
Net result
€-20k▲ 55.1%
2024 · €-45k
2018: €16k
2019: €17k
2020: €47k
2021: €30k
2022: €63k
2023: €69k
2024: €-45k
2018 → 2025
Working capital
€58k▼ 24.2%
2024 · €77k
2018: €-35k
2019: €-32k
2020: €9k
2021: €35k
2022: €92k
2023: €110k
2024: €77k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.46M-€1.81M▲ 23.8%€1.60M▼ 11.6%€1.10M▼ 31.1%€1.15M▲ 4.2%
Equity€399k-€434k▲ 8.9%€457k▲ 5.2%€405k▼ 11.3%€376k▼ 7.2%
Operating result€64k-€106k▲ 66.1%€105k▼ 0.2%€-24k€-3k▲ 86.6%
Net result€30k-€63k▲ 114%€69k▲ 9.2%€-45k€-20k▲ 55.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €24k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €800k
Fixed assets
€449k ▼ 11.3%
Current assets
€350k ▼ 14.1%
Equity and liabilities €800k
Equity
€376k ▼ 7.2%
Debt
€424k ▼ 16.8%
Debt's share of the balance-sheet total falls from 55.7% to 53.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€53k▲
2024 · €34k
Cash flow
€36k▲
2024 · €14k
Current ratio
1.20▼
2024 · 1.23
Quick ratio
0.70▼
2024 · 0.86
Debt to equity
1.13▼
2024 · 1.26
ROE
-5.3%▲
2024 · -11.0%
ROA
-2.5%▲
2024 · -4.9%
Interest coverage
2.28▲
2024 · 1.64
Debt ≤ 1 year
€292k▼
2024 · €331k
Debt > 1 year
€132k▼
2024 · €178k
Income taxes
€962▲
2024 · €787
Staff costs
€174k▲
2024 · €165k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 69 lines
Balance sheet
Code20242025
Assets
Total assets20/58€915k€800k▼
Fixed assets21/28€507k€449k▼
Tangible fixed assets22/27€501k€444k▼
Land and buildings22€431k€394k▼
Plant, machinery and equipment23€1k€498▼
Furniture and vehicles24€69k€49k▼
Financial fixed assets28€5k€5k=
Current assets29/58€408k€350k▼
Amounts receivable after more than one year29€28k€0▼
Other amounts receivable291€28k€0▼
Stocks and contracts in progress3€123k€145k▲
Stocks30/36€123k€145k▲
Amounts receivable within one year40/41€145k€146k▲
Trade receivables40€137k€140k▲
Other amounts receivable41€9k€5k▼
Current investments50/53€10k€0▼
Cash at bank and in hand54/58€89k€52k▼
Deferred charges and accrued income490/1€13k€7k▼
Equity and liabilities
Total equity and liabilities10/49€915k€800k▼
Equity10/15€405k€376k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€388k€379k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€36k€36k=
Distributable reserves133€346k€336k▼
Profit (loss) carried forward14€-45k€-65k▼
Amounts payable17/49€509k€424k▼
Amounts payable after more than one year17€178k€132k▼
Financial debts170/4€178k€132k▼
Amounts payable within one year42/48€331k€292k▼
Current portion of amounts payable after more than one year42€46k€47k▲
Financial debts43€130k€125k▼
Credit institutions430/8€130k€125k▼
Trade debts44€72k€89k▲
Suppliers440/4€72k€89k▲
Taxes, remuneration and social security45€30k€32k▲
Taxes450/3€11k€12k▲
Remuneration and social security454/9€19k€20k▲
Other amounts payable47/48€54k€0▼
Income statement
Code20242025
Turnover70€1.10M€1.15M▲
Non-recurring operating income76A-€956
Goods, raw materials, services and sundry goods60/61€933k€943k▲
Remuneration, social security and pensions62€165k€174k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€56k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€8k€9k▲
Gross operating margin9900€208k€238k▲
Operating profit (loss)9901€-24k€-3k▲
Financial income75/76B€1k€7k▲
Recurring financial income75€1k€581▼
Non-recurring financial income76B€0€7k▲
Financial charges65/66B€21k€23k▲
Recurring financial charges65€21k€23k▲
Profit (loss) for the period before taxes9903€-44k€-19k▲
Income taxes67/77€787€962▲
Profit (loss) for the period9904€-45k€-20k▲
Profit (loss) for the period to be appropriated9905€-45k€-20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-45k€-65k▼
Profit (loss) brought forward from the previous period14P-€-45k
Transfer from equity791/2€7k€9k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€7k€9k▲
Return on contributions (dividend)694€7k€9k▲
Employees696€0-
Social balance
Average headcount (FTE)90872.52.5=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-45k ▼165%
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €69k ▲9.2%
Net result €69k, the highest in the series.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Merelbeke-Melle · 2 establishment units 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.
Karel De Roosestraat 159820 Merelbeke-MelleGround area
1.9 ha
Building footprint
4,454 m²
Volume, LiDAR
32,703 m³
2 parcels, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
M.C.E
since 19942.067.529.759
M.C.E
since 20252.385.284.834
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0558/00S000 | Flanders | 1.9 ha | 1 · 4,446 m² | 9.6 m · 3 fl. |
| 44302E1530/00R000 | Flanders | 55 m² | 1 · 8 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300MWW55KODR7BS25
Similar companies · same sector, comparable size
MATEL - BELGIUM
BE 0453.544.383
Oudergem · Eq €377k
TSN
BE 0423.099.350
Jette · Eq €379k
FST
BE 0451.765.028
Sint-Truiden · Eq €371k
AWT
BE 0430.924.280
Kontich · Eq €382k
ACCORD INVEST
BE 0465.255.748
Crisnée · Eq €369k
Of 1,247 companies in sector 46643 we hold annual accounts for 954. 711 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-06-1994
Fiscal year end31-12
Abbreviation NL
M.C.E.
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.