MC²
ActiveSummary
MC² has been active since 2013 and the Belgian Official 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 about 16% per year across the filed financial years. Its solvency ranks better than 68% of 1,164 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, full format
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
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508497.
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
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 49% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0.3m
2025
Operating result€0.05m
2025
Net result€0.006m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€6.1m
2025
Equity€4.1m
2025
Debt€2.0m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin15.7%
2025
Return on assets (ROA)0.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency67.1%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.16
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.3m€0.3m▲ 3.8%€0.4m▲ 11.1%€0.3m▼ 4.2%€0.3m▼ 13.0%
Operating result€0.07m-€0.06m▼ 18.3%€0.09m▲ 41.3%€0.08m▼ 3.0%€0.05m▼ 38.2%€0.1m▲ 105%€0.09m▼ 12.9%€0.05m▼ 49.2%
Net result€1.0m-€0.4m▼ 65.1%€0.03mwithin the sector's middle half▼ 91.5%€0.003mwithin the sector's middle half▼ 90.0%€1.5mabove the sector's middle half▲ 502×€0.05mwithin the sector's middle half▼ 97.0%€0.6mabove the sector's middle half▲ 13×€0.006mwithin the sector's middle half▼ 99.0%
EBIT margin26.9%16.0%▼ 10.9pp29.5%▲ 13.5pp26.8%▼ 2.7pp15.7%▼ 11.2pp
Equity€1.6m-€2.0m▲ 21.9%€2.0mabove the sector's middle half▲ 1.5%€2.0mabove the sector's middle half▲ 0.1%€3.5mabove the sector's middle half▲ 75.0%€3.5mabove the sector's middle half▲ 1.3%€4.1mabove the sector's middle half▲ 16.9%€4.1mwithin the sector's middle half▲ 0.1%
Total assets€3.9m-€3.9m▲ 0.1%€4.4mabove the sector's middle half▲ 13.8%€4.7mwithin the sector's middle half▲ 6.4%€6.2mwithin the sector's middle half▲ 32.8%€6.1mwithin the sector's middle half▼ 2.1%€6.1mwithin the sector's middle half▲ 0.8%€6.1mwithin the sector's middle half▲ 0.1%
Debt€2.3m-€1.9m▼ 15.4%€2.4m▲ 26.3%€2.7m▲ 11.6%€2.7m▲ 1.7%€2.6m▼ 6.5%€2.0m▼ 21.1%€2.0m=
Working capital-€1.5m--€1.2m▲ 24.1%-€1.9mbelow the sector's middle half▼ 60.8%-€1.8mbelow the sector's middle half▲ 1.1%-€0.3mbelow the sector's middle half▲ 82.0%-€0.3mbelow the sector's middle half▲ 13.7%€0.3mwithin the sector's middle half€0.3mwithin the sector's middle half▲ 1.9%
Solvency41.5%-50.5%▲ 9.0pp45.1%within the sector's middle half▼ 5.4pp42.4%within the sector's middle half▼ 2.7pp55.9%within the sector's middle half▲ 13.5pp57.8%within the sector's middle half▲ 2.0pp67.0%within the sector's middle half▲ 9.2pp67.1%within the sector's middle half=
Current ratio0.33-0.39▲ 0.070.23below the sector's middle half▼ 0.160.32below the sector's middle half▲ 0.090.88within the sector's middle half▲ 0.560.89within the sector's middle half▲ 0.011.15within the sector's middle half▲ 0.261.16within the sector's middle half=
Return on assets (ROA)26.0%-9.1%▼ 17.0pp0.7%within the sector's middle half▼ 8.4pp0.1%within the sector's middle half▼ 0.6pp24.0%above the sector's middle half▲ 23.9pp0.7%within the sector's middle half▼ 23.2pp9.7%within the sector's middle half▲ 8.9pp0.1%within the sector's middle half▼ 9.6pp
above
within
below
the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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
Debt to equity
0.49▼
2024 · 0.49
ROE
0.1%▼
2024 · 14.4%
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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €0.3m | €0.3m | €0.4m | €0.3m | €0.3m | ▼ 13.0% |
| Turnover70 | - | - | - | €0.3m | €0.3m | €0.4m | €0.3m | €0.3m | ▼ 13.0% |
| Other operating income74 | - | - | - | €0.001m | €157 | €0 | - | - | - |
| Operating charges60/66A | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 0.2% |
| Services and other goods61 | - | - | - | €0.2m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0 | - | - | - |
| Other operating charges640/8 | - | - | - | €0.003m | €0.002m | €0.003m | €0.003m | €0.003m | ▲ 8.6% |
| Gross operating margin9900 | €0.1m | €0.08m | €0.1m | - | - | - | - | - | - |
| Operating profit (loss)9901 | €0.07m | €0.06m | €0.09m | €0.08m | €0.05m | €0.1m | €0.09m | €0.05m | ▼ 49.2% |
| Financial income75/76B | - | - | - | €0.02m | €1.5m | €0.05m | €0.6m | €0.04m | ▼ 92.6% |
| Recurring financial income75 | €1.0m | €0.4m | €0.02m | €0.02m | €1.5m | €0.05m | €0.6m | €0.04m | ▼ 92.6% |
| Income from financial fixed assets750 | - | - | - | - | €1.5m | €0 | €0.6m | €0 | ▼ 100% |
| Income from current assets751 | - | - | - | €0.02m | €0.04m | €0.05m | €0.04m | €0.04m | ▲ 5.8% |
| Financial charges65/66B | - | - | - | €0.09m | €0.1m | €0.09m | €0.08m | €0.08m | ▼ 0.4% |
| Recurring financial charges65 | €0.08m | €0.06m | €0.06m | €0.09m | €0.1m | €0.09m | €0.08m | €0.08m | ▼ 0.4% |
| Debt charges650 | - | - | - | €0.08m | €0.1m | €0.09m | €0.08m | €0.08m | ▼ 0.4% |
| Other financial charges652/9 | - | - | - | €0.001m | €345 | €70 | €35 | €40 | ▲ 15.7% |
| Profit (loss) for the period before taxes9903 | €1.0m | €0.4m | €0.04m | €0.01m | €1.5m | €0.06m | €0.6m | €0.01m | ▼ 98.1% |
| Income taxes67/77 | €0.006m | €0.008m | €0.01m | €0.01m | €0.002m | €0.02m | €0.02m | €0.006m | ▼ 67.5% |
| Taxes670/3 | - | - | - | €0.01m | €0.002m | €0.02m | €0.02m | €0.006m | ▼ 67.5% |
| Profit (loss) for the period9904 | €1.0m | €0.4m | €0.03m | €0.003m | €1.5m | €0.05m | €0.6m | €0.006m | ▼ 99.0% |
| Profit (loss) for the period to be appropriated9905 | €1.0m | €0.4m | €0.03m | €0.003m | €1.5m | €0.05m | €0.6m | €0.006m | ▼ 99.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.9m | €3.9m | €4.4m | €4.7m | €6.2m | €6.1m | €6.1m | €6.1m | ▲ 0.1% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €3.1m | €3.1m | €3.8m | €3.8m | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.07m | €0.05m | €0.03m | €0.02m | €0 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.02m | €0 | - | - | - | - |
| Financial fixed assets28 | €3.1m | €3.1m | €3.8m | €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 | €0.7m | €0.8m | €0.6m | €0.9m | €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 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €0.6m | €0.7m | - | €0.6m | €2.3m | €0.2m | €0.3m | €0.4m | ▲ 52.3% |
| Trade receivables40 | - | - | - | - | - | - | €0.01m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0.6m | €2.3m | €0.2m | €0.3m | €0.4m | ▲ 59.7% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.09m | €0.08m | €0.6m | €0.2m | €0.04m | €0.03m | €0.03m | €0.03m | ▲ 14.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | ▲ 0.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.9m | €3.9m | €4.4m | €4.7m | €6.2m | €6.1m | €6.1m | €6.1m | ▲ 0.1% |
| Equity10/15 | €1.6m | €2.0m | €2.0m | €2.0m | €3.5m | €3.5m | €4.1m | €4.1m | ▲ 0.1% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €1.5m | €1.8m | €1.8m | €1.8m | €3.3m | €3.4m | €4.0m | €4.0m | ▲ 0.2% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.02m | €0.02m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €1.8m | €3.3m | €3.4m | €4.0m | €4.0m | ▲ 0.2% |
| Profit (loss) carried forward14 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0 | ▼ 100% |
| Amounts payable17/49 | €2.3m | €1.9m | €2.4m | €2.7m | €2.7m | €2.6m | €2.0m | €2.0m | = |
| Amounts payable within one year42/48 | €2.3m | €1.9m | €2.4m | €2.7m | €2.7m | €2.6m | €2.0m | €2.0m | = |
| Trade debts44 | €0.007m | €0.006m | €57 | €25 | €31 | €0.001m | €35 | €37 | ▲ 4.8% |
| Suppliers440/4 | - | - | - | €25 | €31 | €0.001m | €35 | €37 | ▲ 4.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.01m | €0.03m | €0.03m | €0.02m | ▼ 40.4% |
| Taxes450/3 | - | - | - | €0.01m | €0.01m | €0.03m | €0.03m | €0.02m | ▼ 40.4% |
| Other amounts payable47/48 | - | - | - | €2.7m | €2.7m | €2.5m | €2.0m | €2.0m | ▲ 0.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | ▲ 0.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.0m | €0.4m | €0.03m | €0.003m | €1.5m | €0.05m | €0.6m | €0.006m | ▼ 99.0% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0 | - | - | - |
| Operating cash flow (approximation) | €1.0m | €0.4m | €0.05m | €0.02m | €1.5m | €0.05m | €0.6m | €0.006m | ▼ 99.0% |
| Investment in fixed assets (approximation) | - | €0 | -€0.8m | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€0.02m | €0.5m | -€0.4m | -€0.1m | -€0.003m | -€0.008m | €0.004m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 31-08-2026 | 2026-00508497 |
| 31-12-2024 | full format | 31-07-2025 | 2025-00360221 |
| 31-12-2023 | full format | 30-07-2024 | 2024-00314744 |
| 31-12-2022 | full format | 31-07-2023 | 2023-00302838 |
| 31-12-2021 | full format | 29-07-2022 | 2022-20257231 |
| 31-12-2020 | abbreviated format | 23-07-2021 | 2021-39600354 |
| 31-12-2019 | abbreviated format | 30-10-2020 | 2020-66000018 |
| 31-12-2018 | abbreviated format | 29-07-2019 | 2019-39600022 |
| 31-12-2017 | abbreviated format | 12-06-2018 | 2018-17600446 |
| 31-12-2016 | micro format | 24-08-2017 | 2017-48200483 |
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Of the 24,204 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,752. 2,124 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.