MC Belgium Renovation
ActiveMC Belgium Renovation has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €231k and a net result of €72k. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+27
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 6.08 against 7.69 in 2023; short-term debt: 15.7% of total assets), and 15.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2024Solvency, return and age of the figures
Solvency
84.3%
Return on assets
26.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-10-2025, 80 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
80 d late
2023
436 d late
2022
232 d late
2021
18 d late
2020
25 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€231k▲ 33.4%
2023 · €173k
2018: €77k
2019: €87k
2020: €87k
2021: €138k
2022: €162k
2023: €173k
2018 → 2024
Total assets
€274k▲ 38.2%
2023 · €198k
2018: €270k
2019: €251k
2020: €224k
2021: €180k
2022: €208k
2023: €198k
2018 → 2024
Net result
€72k▲ 562%
2023 · €11k
2018: €46k
2019: €9k
2020: €48
2021: €52k
2022: €24k
2023: €11k
2018 → 2024
Working capital
€219k▲ 29.9%
2023 · €168k
2018: €72k
2019: €84k
2020: €87k
2021: €132k
2022: €158k
2023: €168k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€87k-€138k▲ 59.8%€162k▲ 17.3%€173k▲ 6.7%€231k▲ 33.4%
Operating result€-7k-€68k€32k▼ 53.7%€17k▼ 45.4%€91k▲ 428%
Net result€48-€52k▲ 108,183%€24k▼ 53.9%€11k▼ 54.6%€72k▲ 562%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 428% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €274k
Fixed assets
€12k▲ 154%
Current assets
€262k▲ 35.3%
Equity and liabilities €274k
Equity
€231k▲ 33.4%
Debt
€43k▲ 71.2%
The debt ratio rises from 12.7% to 15.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€95k▲
2023 · €19k
Cash flow
€75k▲
2023 · €13k
Solvency
84.3%▼
2023 · 87.3%
Current ratio
6.08▼
2023 · 7.69
Quick ratio
6.08▼
2023 · 7.69
Debt / equity
0.19▲
2023 · 0.15
ROE
31.1%▲
2023 · 6.3%
ROA
26.2%▲
2023 · 5.5%
Interest coverage
74.85▲
2023 · 5.63
Debt
€43k▲
2023 · €25k
Debt ≤ 1 year
€43k▲
2023 · €25k
Income taxes
€18k▲
2023 · €3k
Staff costs
€41k▼
2023 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€198k€274k▲
Fixed assets21/28€5k€12k▲
Tangible fixed assets22/27€5k€12k▲
Plant, machinery and equipment23€2k€9k▲
Furniture and vehicles24€3k€3k▲
Current assets29/58€193k€262k▲
Amounts receivable after more than one year29€75k€75k=
Other amounts receivable291€75k€75k=
Amounts receivable within one year40/41€96k€187k▲
Trade receivables40€2k€20k▲
Other amounts receivable41€95k€166k▲
Cash at bank and in hand54/58€22k-
Equity and liabilities
Total equity and liabilities10/49€198k€274k▲
Equity10/15€173k€231k▲
Contributions10/11€10k€10k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€161k€219k▲
Amounts payable17/49€25k€43k▲
Amounts payable within one year42/48€25k€43k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€5k-
Suppliers440/4€5k-
Taxes, remuneration and social security45€20k€24k▲
Taxes450/3€18k€23k▲
Remuneration and social security454/9€1k€973▼
Other amounts payable47/48-€14k
Income statement
Code20232024
Remuneration, social security and pensions62€45k€41k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€334€419▲
Non-recurring operating charges66A€507€560▲
Gross operating margin9900€65k€137k▲
Operating profit (loss)9901€17k€91k▲
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€14k€90k▲
Income taxes67/77€3k€18k▲
Profit (loss) for the period9904€11k€72k▲
Profit (loss) for the period to be appropriated9905€11k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€161k€233k▲
Profit (loss) brought forward from the previous period14P€150k€161k▲
Profit to be distributed694/7-€14k
Directors or managers695-€14k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 80 days late
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 436 days late
2024
31-12
Financial
Highest result since 2018net €72k ▲562%
Operating result €91k, net result €72k, both a record.
31-12
Financial
Equity above €200kEq €231k ▲33.4%
7 profitable years in a row build equity to €231k.
19-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 232 days late
2022
31-12
Financial
Equity above €150kEq €162k ▲17.3%
5 profitable years in a row build equity to €162k.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 4.18
Current ratio from 1.63 to 4.18; short-term debt falls from €137k to €42k.
31-12
Financial
Equity above €100kEq €138k ▲59.8%
4 profitable years in a row build equity to €138k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet €48 ▼99.5%
Net result drops to €48, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Similar companies · same sector, comparable size
De Roover & Zn
BE 0442.397.006
Begijnendijk · Eq €231k
SEBEL
BE 0502.673.004
Oud-Heverlee · Eq €231k
JK Vastgoed & Projectontwikkeling
BE 0790.303.837
Wuustwezel · Eq €231k
GO Construct
BE 0716.632.931
Zutendaal · Eq €231k
COSEAS
BE 0421.598.424
Incourt · Eq €231k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 11,726 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:mcbelgiumrenovation16@gmail.com
Phone:+32 474076741