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MC² DEVELOPMENT

Active Public limited companyfounded 2018active for 8 yearsKarel Rogierplein 11, 1210 Saint-Josse-ten-NoodeKBO/BCE: BE 0697.839.972 subsidiary of #10 company by equity in Saint-Josse-ten-Noode, Real estate sector
Part of the group 75 companies in 3 countries

Lifetime

7 annual accounts with figures on one time axis
peak €2.7m (2025)
€2.7m▲ 4.0%
lowest -€65,866 (2020)
€871,657▲ 3.3%
peak €13.8m (2025)
€13.8m▲ 6.7%
€20.9m▼ 3.2%
Board13 names since 2018all names
2 directors and 1 other
Owners3 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
08-04-2026114 days before the deadline
2025financial year
Reappointment: (statutory auditor) 06-05

Key points

from the 2025 annual accounts

Equity

€13.8m ▲ 6.7%

MC² DEVELOPMENT has made a profit without a break since 2021.

Investments

€80,836 0.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

7 annual accounts since 2019
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 101 to 121 days before the end of the period.

Position in the sector

€871,657

Higher net result than 83% of companies in real estate. Sector median €31,544 · 2,104 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 721 companies had the same profile as MC² DEVELOPMENT has now. Each dot stands for 2 companies, two years later.

95.3%
were still trading
4.2%
stopped another way
0.6%
went bankrupt
  • Large
  • solvency 30% or more
  • a profit under 5% of the balance sheet
  • without age
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 721 companies, not a prediction for MC² DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 10-02-2023
Director, since 01-10-2023
Auditor,
  • 100%annual accounts 2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0697839972
New statutory auditor appointed, resigned · General meeting of 07-04-2026 · Gazette deed
Reappointment: (statutory auditor) Permanent representative: · General meeting of 01-04-2025 · Gazette deed
Appointment: (director) Resignation: (director) · General meeting of 02-04-2024 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
MC² DEVELOPMENT Saint-Josse-ten-Noode €2.6m 65.1% 39.8% -
ESPEVELO1 Brussels €3.2m 60.9% 6.4% -
KORTRIJK BUSINESS PARK Kortrijk - - -17.4% 2
Oeverloos Antwerp - - 99.6% 0
Life.be Antwerp €1.8m 34.6% 36.8% 1
JENI PROJECTEN Turnhout €3.4m -3.6% 22.6% -
ELAWAN ENERGY HANNUT Namur €5.5m 24.5% 22.5% -
-10%0%10%20%€2m€20m€200m€2bnMC² DEVELOPMENTEBIT margin

Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as MC² DEVELOPMENT: development of non-residential building projects (NACE 68122). They are comparable in size and age: total assets between €24m and €39m, founded between 2015 and 2020.

Official details

Source: KBO
Status
Active since 12-06-2018Normal situation
Registered office
63 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity
Development of non-residential building projectsNACE 68122
Establishment unit
2.276.639.5871210 Saint-Josse-ten-Noode, since 12-06-2018
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€34.7m▲ 0.5%
Filing
Filed on 08-04-2026, 114 days before the end of the filing period
Financials

Companies linked to MC² DEVELOPMENT

Parent and group

Insights on MC² DEVELOPMENT

MC² DEVELOPMENT has existed since 2018. The present size dates from 2022. The gross margin rose that year from €781,536 to €2.1m.

The gross margin has grown every year since.

holds all the shares. In February 2022, four directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MC² DEVELOPMENT

What is the company number of MC² DEVELOPMENT?
The company number of MC² DEVELOPMENT is 0697.839.972. The VAT number is the same number with BE in front: BE 0697.839.972.
Where is MC² DEVELOPMENT based?
The registered office is at Karel Rogierplein 11, 1210 Saint-Josse-ten-Noode.Company details
What does MC² DEVELOPMENT do?
According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
What is the legal form of MC² DEVELOPMENT?
MC² DEVELOPMENT is a public limited company (NV).
When was MC² DEVELOPMENT founded?
MC² DEVELOPMENT was founded on 12-06-2018.
Is MC² DEVELOPMENT still active?
Yes, MC² DEVELOPMENT is an active enterprise in the KBO register.
What is the turnover of MC² DEVELOPMENT?
The turnover of MC² DEVELOPMENT was €2.6m in financial year 2025, according to the filed annual accounts.Financials
Is MC² DEVELOPMENT profitable?
In financial year 2025, MC² DEVELOPMENT made a profit of €871,657.
Where can I find the annual accounts of MC² DEVELOPMENT?
MC² DEVELOPMENT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MC² DEVELOPMENT due?
MC² DEVELOPMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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