MC DECOR
ActiveFor MC DECOR, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €117k and a net result of €85k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 33685 sector peers (fiscal year 2023). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+61
Solvency63▲+21
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
38.2%
Return on assets
27.7%
Age of the figures
33 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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline19-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 08-04-2025, 251 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
251 d late
2022
85 d late
2021
31 d late
2020
28 d late
2019
116 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€117k▲ 264%
2022 · €32k
2018: €74k
2019: €51k
2020: €22k
2021: €27k
2022: €32k
2018 → 2023
Total assets
€307k▲ 57.5%
2022 · €195k
2018: €240k
2019: €164k
2020: €150k
2021: €142k
2022: €195k
2018 → 2023
Net result
€85k▲ 1,517%
2022 · €5k
2018: €22k
2019: €-23k
2020: €-29k
2021: €4k
2022: €5k
2018 → 2023
Working capital
€116k▲ 202%
2022 · €38k
2018: €58k
2019: €30k
2020: €-929
2021: €8k
2022: €38k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€51k-€22k▼ 56.0%€27k▲ 19.8%€32k▲ 19.5%€117k▲ 264%
Operating result€-19k-€23k€2k▼ 89.1%€23k▲ 829%€121k▲ 422%
Net result€-23k-€-29k▼ 24.8%€4k€5k▲ 18.1%€85k▲ 1,517%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 422% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €307k
Fixed assets
€14k▼ 31.7%
Current assets
€293k▲ 68.4%
Equity and liabilities €307k
Equity
€117k▲ 264%
Debt
€190k▲ 16.7%
The debt ratio falls from 83.5% to 61.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€129k▲
2022 · €30k
Cash flow
€93k▲
2022 · €13k
Solvency
38.2%▲
2022 · 16.5%
Current ratio
1.65▲
2022 · 1.28
Quick ratio
1.63▲
2022 · 1.26
Debt / equity
1.62▼
2022 · 5.06
ROE
72.5%▲
2022 · 16.3%
ROA
27.7%▲
2022 · 2.7%
Interest coverage
12.45▲
2022 · 2.06
Debt
€190k▲
2022 · €163k
Debt ≤ 1 year
€177k▲
2022 · €136k
Debt > 1 year
€13k
Income taxes
€27k▲
2022 · €7k
Staff costs
€0▼
2022 · €33k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€195k€307k▲
Formation expenses20€0€0=
Fixed assets21/28€21k€14k▼
Tangible fixed assets22/27€18k€12k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€5k€2k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€3k€3k=
Current assets29/58€174k€293k▲
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€159k€247k▲
Trade receivables40€90k€181k▲
Other amounts receivable41€69k€66k▼
Cash at bank and in hand54/58€7k€36k▲
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€195k€307k▲
Equity10/15€32k€117k▲
Contributions10/11€19k€19k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Profit (loss) carried forward14€4k€89k▲
Amounts payable17/49€163k€190k▲
Amounts payable after more than one year17-€13k
Financial debts170/4-€13k
Amounts payable within one year42/48€136k€177k▲
Current portion of amounts payable after more than one year42€20k€20k=
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€57k€74k▲
Suppliers440/4€57k€74k▲
Taxes, remuneration and social security45€9k€34k▲
Taxes450/3€7k€34k▲
Remuneration and social security454/9€2k-
Accrued charges and deferred income492/3€27k€0▼
Income statement
Code20222023
Remuneration, social security and pensions62€33k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€11k€394▼
Gross operating margin9900€75k€129k▲
Operating profit (loss)9901€23k€121k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€15k€10k▼
Recurring financial charges65€15k€10k▼
Profit (loss) for the period before taxes9903€12k€112k▲
Income taxes67/77€7k€27k▲
Profit (loss) for the period9904€5k€85k▲
Profit (loss) for the period to be appropriated9905€5k€85k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€89k▲
Profit (loss) brought forward from the previous period14P€-1k€4k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 251 days late
2023
31-12
Financial
Highest result since 2018net €85k ▲1517%
Operating result €121k, net result €85k, both a record.
31-12
Financial
Equity above €100kEq €117k ▲264%
3 profitable years in a row build equity to €117k.
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
14-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 106 days late
2015
20-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
1 establishment unit since 2012
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.
Ground area
4,004 m²
Building footprint
1,941 m²
Volume, LiDAR
11,235 m³
2 parcels, Flanders, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MC DECOR
since 20122.214.572.158
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23069A0191/00E002 | Flanders | 3,703 m² | 1 · 1,853 m² | 6.5 m · 2 fl. |
| 55008B0253/00T008 | Wallonia | 301 m² | 1 · 88 m² | - |
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.
Similar companies · same sector, comparable size
STEVE VERHAEGHE
BE 0827.610.136
Gistel · Eq €117k
MAKU
BE 0839.318.234
Merelbeke-Melle · Eq €117k
ACRODIMI
BE 0807.621.109
Wellin · Eq €118k
IWP PROJECTS
BE 0691.767.574
Assenede · Eq €118k
YUSPROC
BE 0564.895.930
Genk · Eq €117k
Of 7,289 companies in sector 43350 we hold annual accounts for 2,361. 1,952 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2012
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43230Insulation installation
43291Specialised construction activities
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.