MC²
ActiveSummary
MC² has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of €5,767. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 69% of 934 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▼-24
Solvency92=
Growth45▼-5
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.15 in 2024; short-term debt: 32.9% and cash: 0.5% of total assets), and 32.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
67.1%
Return on assets
0.1%
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
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
1 d early
2022
on the day
2021
2 d early
2020
8 d early
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#3 company by equity in Dendermonde, Administrative and support services sector#5 company by total assets in Dendermonde, Administrative and support services sector
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€300,000▼ 13.0%
2024 · €345,000
EBIT margin
15.7%▼ 11.2pp
2024 · 26.8%
Net result
€5,767▼ 99.0%
2024 · €594,326
Working capital
€314,985▲ 1.9%
2024 · €309,211
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€312,000€324,000▲ 3.8%€360,000▲ 11.1%€345,000▼ 4.2%€300,000▼ 13.0%
Operating result€83,949▼ 3.0%€51,889▼ 38.2%€106,219▲ 105%€92,561▼ 12.9%€47,007▼ 49.2%
Net result€2,972▼ 99.2%€1.5m▲ 50,075%€45,321▼ 97.0%€594,326▲ 1,211%€5,767▼ 99.0%
EBIT margin26.9%16.0%▼ 10.9pp29.5%▲ 13.5pp26.8%▼ 2.7pp15.7%▼ 11.2pp
Equity€2.0m▲ 0.1%€3.5m▲ 75.0%€3.5m▲ 1.3%€4.1m▲ 16.9%€4.1m▲ 0.1%
Total assets€4.7m▲ 6.4%€6.2m▲ 32.8%€6.1m▼ 2.1%€6.1m▲ 0.8%€6.1m▲ 0.1%
Debt€2.7m▲ 11.6%€2.7m▲ 1.7%€2.6m▼ 6.5%€2.0m▼ 21.1%€2.0m=
Working capital-€1.8m▼ 10.8%-€330,449▲ 82.0%-€285,127▲ 13.7%€309,211€314,985▲ 1.9%
Why a figure moved sharply
- 2021 Net result -99% on 2020. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 49% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.1m
Fixed assets
€3.8m =
Current assets
€2.3m ▲ 0.2%
Equity and liabilities €6.1m
Equity
€4.1m ▲ 0.1%
Debt
€2.0m =
Debt's share of the balance-sheet total stays at 32.9%.
Key figures and ratios
Current ratio
1.16▲
2024 · 1.15
Debt to equity
0.49▼
2024 · 0.49
ROE
0.1%▼
2024 · 14.4%
ROA
0.1%▼
2024 · 9.7%
Debt ≤ 1 year
€2.0m=
2024 · €2.0m
Income taxes
€5,747▼
2024 · €17,687
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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | €312,743 | €324,157 | €360,000 | €345,000 | €300,000 | ▼ 13.0% |
| Turnover70 | €312,000 | €324,000 | €360,000 | €345,000 | €300,000 | ▼ 13.0% |
| Other operating income74 | €743 | €157 | €0 | - | - | - |
| Operating charges60/66A | €228,794 | €272,267 | €253,781 | €252,439 | €252,993 | ▲ 0.2% |
| Services and other goods61 | €208,807 | €252,433 | €251,179 | €249,821 | €250,150 | ▲ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,349 | €17,349 | €0 | - | - | - |
| Other operating charges640/8 | €2,639 | €2,486 | €2,602 | €2,618 | €2,843 | ▲ 8.6% |
| Operating profit (loss)9901 | €83,949 | €51,889 | €106,219 | €92,561 | €47,007 | ▼ 49.2% |
| Financial income75/76B | €15,064 | €1.5m | €45,603 | €599,791 | €44,496 | ▼ 92.6% |
| Recurring financial income75 | €15,064 | €1.5m | €45,603 | €599,791 | €44,496 | ▼ 92.6% |
| Income from financial fixed assets750 | - | €1.5m | €0 | €557,737 | €0 | ▼ 100% |
| Income from current assets751 | €15,064 | €43,566 | €45,603 | €42,054 | €44,496 | ▲ 5.8% |
| Financial charges65/66B | €85,372 | €98,490 | €89,221 | €80,339 | €79,988 | ▼ 0.4% |
| Recurring financial charges65 | €85,372 | €98,490 | €89,221 | €80,339 | €79,988 | ▼ 0.4% |
| Debt charges650 | €83,935 | €98,146 | €89,151 | €80,304 | €79,948 | ▼ 0.4% |
| Other financial charges652/9 | €1,437 | €345 | €70 | €35 | €40 | ▲ 15.7% |
| Profit (loss) for the period before taxes9903 | €13,640 | €1.5m | €62,601 | €612,014 | €11,514 | ▼ 98.1% |
| Income taxes67/77 | €10,668 | €1,621 | €17,280 | €17,687 | €5,747 | ▼ 67.5% |
| Taxes670/3 | €10,668 | €1,621 | €17,280 | €17,687 | €5,747 | ▼ 67.5% |
| Profit (loss) for the period9904 | €2,972 | €1.5m | €45,321 | €594,326 | €5,767 | ▼ 99.0% |
| Profit (loss) for the period to be appropriated9905 | €2,972 | €1.5m | €45,321 | €594,326 | €5,767 | ▼ 99.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.7m | €6.2m | €6.1m | €6.1m | €6.1m | ▲ 0.1% |
| Fixed assets21/28 | €3.8m | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Tangible fixed assets22/27 | €17,349 | €0 | - | - | - | - |
| Furniture and vehicles24 | €17,349 | €0 | - | - | - | - |
| Financial fixed assets28 | €3.8m | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Affiliated companies280/1 | €3.8m | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Participating interests280 | €3.8m | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Current assets29/58 | €856,370 | €2.4m | €2.3m | €2.3m | €2.3m | ▲ 0.2% |
| Amounts receivable after more than one year29 | - | - | €2.0m | €2.0m | €1.9m | ▼ 6.8% |
| Other amounts receivable291 | - | - | €2.0m | €2.0m | €1.9m | ▼ 6.8% |
| Stocks and contracts in progress3 | - | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €629,538 | €2.3m | €203,882 | €262,769 | €400,196 | ▲ 52.3% |
| Trade receivables40 | - | - | - | €12,100 | €0 | ▼ 100% |
| Other amounts receivable41 | €629,538 | €2.3m | €203,882 | €250,669 | €400,196 | ▲ 59.7% |
| Cash at bank and in hand54/58 | €184,442 | €36,757 | €34,007 | €26,467 | €30,345 | ▲ 14.7% |
| Deferred charges and accrued income490/1 | €42,390 | €42,065 | €42,204 | €42,494 | €42,591 | ▲ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.7m | €6.2m | €6.1m | €6.1m | €6.1m | ▲ 0.1% |
| Equity10/15 | €2.0m | €3.5m | €3.5m | €4.1m | €4.1m | ▲ 0.1% |
| Contributions10/11 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Reserves13 | €1.8m | €3.3m | €3.4m | €4.0m | €4.0m | ▲ 0.2% |
| Non-distributable reserves130/1 | €15,000 | €15,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | €15,000 | €15,000 | €0 | - | - | - |
| Distributable reserves133 | €1.8m | €3.3m | €3.4m | €4.0m | €4.0m | ▲ 0.2% |
| Profit (loss) carried forward14 | €1,279 | €1,279 | €1,279 | €1,279 | €0 | ▼ 100% |
| Amounts payable17/49 | €2.7m | €2.7m | €2.6m | €2.0m | €2.0m | = |
| Amounts payable within one year42/48 | €2.7m | €2.7m | €2.6m | €2.0m | €2.0m | = |
| Trade debts44 | €25 | €31 | €715 | €35 | €37 | ▲ 4.8% |
| Suppliers440/4 | €25 | €31 | €715 | €35 | €37 | ▲ 4.8% |
| Taxes, remuneration and social security45 | €10,820 | €12,493 | €28,580 | €26,283 | €15,669 | ▼ 40.4% |
| Taxes450/3 | €10,820 | €12,493 | €28,580 | €26,283 | €15,669 | ▼ 40.4% |
| Other amounts payable47/48 | €2.7m | €2.7m | €2.5m | €2.0m | €2.0m | ▲ 0.5% |
| Accrued charges and deferred income492/3 | €2,821 | €2,859 | €2,861 | €2,872 | €2,880 | ▲ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,972 | €1.5m | €45,321 | €594,326 | €5,767 | ▼ 99.0% |
| + Depreciation and write-downs630 | €17,349 | €17,349 | €0 | - | - | - |
| Operating cash flow (approximation) | €20,321 | €1.5m | €45,321 | €594,326 | €5,767 | ▼ 99.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€147,685 | -€2,750 | -€7,541 | €3,878 | ▲ 151% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €1.5m ▲50,075%
Net result €1.5m, the highest in the series.
31-12
Financial
Equity above €2mEq €3.5m ▲75%
5 profitable years in a row build equity to €3.5m.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €2,972 ▼99.2%
Net result drops to €2,972, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 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
2 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, Dendermonde · 1 establishment unit since 2013
Ground area
1,686 m²
Building footprint
209 m²
Volume, LiDAR
1,121 m³
Parcel 42021A0943/00Y000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MC²
since 20132.237.277.482
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0943/00Y000 | Flanders | 1,686 m² | 1 · 209 m² | 8.9 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.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 3
-
99.73%
-
99.73%
-
50%
According to the 2025 annual accounts of MC² and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 2,109 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-09-2013
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
70100Activities of head offices
70200Business and other management consultancy
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0537894989
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.