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MC-Elec

Active
Private limited company (pre-2019)founded 201016 yrs activeSankt Vither Strasse 8, 4760 Büllingen, BelgiumKBO/BCE: BE 0828.619.629

MC-Elec has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €21k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
61 / 100
Healthy▲ +25 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+65
Solvency35▲+16
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.66 in 2024), and 70.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
29.3%
Return on assets
4%
Age of the figures
8 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
13 d early
2023
22 d late
2022
7 d late
2021
31 d late
2020
31 d late
2019
91 d late
← before the deadline after the deadline →
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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€21k▲ 1,735%
2024 · €1k
2018: €3k 2019: €500 2020: €6k 2021: €-2k 2022: €8k 2023: €8k 2024: €1k
2018 → 2025
Working capital
€-110k▼ 3.3%
2024 · €-107k
2018: €-47k 2019: €-79k 2020: €-116k 2021: €-95k 2022: €-106k 2023: €-101k 2024: €-107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€116k-€124k▲ 6.5%€132k▲ 6.5%€132k▲ 0.6%€153k▲ 15.7%
Operating result€15k-€23k▲ 51.3%€32k▲ 41.1%€35k▲ 10.7%€45k▲ 28.3%
Net result€-2k-€8k€8k▲ 6.8%€1k▼ 86.3%€21k▲ 1,735%
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €15k€15kNet result 2021: €-2k€-2kOperating result 2022: €23k€23kNet result 2022: €8k€8kOperating result 2023: €32k€32kNet result 2023: €8k€8kOperating result 2024: €35k€35kNet result 2024: €1k€1kOperating result 2025: €45k€45kNet result 2025: €21k€21k20212022202320242025
The operating result has risen four years in a row; 2025 is 28% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €523k
Fixed assets €415k▼ 3.4%
Current assets €107k▼ 49.4%
Equity and liabilities €523k
Equity €153k▲ 15.7%
Debt €369k▼ 27.5%
The debt ratio falls from 79.4% to 70.7%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€92k
2024 · €82k
Cash flow
€68k
2024 · €48k
Solvency
29.3%
2024 · 20.6%
Current ratio
0.49
2024 · 0.66
Quick ratio
0.49
2024 · 0.66
Debt / equity
2.41
2024 · 3.85
ROE
13.7%
2024 · 0.9%
ROA
4.0%
2024 · 0.2%
Interest coverage
5.87
2024 · 2.69
Debt
€369k
2024 · €510k
Debt ≤ 1 year
€218k
2024 · €319k
Debt > 1 year
€143k
2024 · €186k
Income taxes
€9k
2024 · €4k
Staff costs
€467k
2024 · €475k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€642k€523k
Fixed assets21/28€430k€415k
Intangible fixed assets21€91-
Tangible fixed assets22/27€418k€403k
Land and buildings22€382k€363k
Plant, machinery and equipment23€22k€34k
Furniture and vehicles24€14k€6k
Financial fixed assets28€12k€12k=
Current assets29/58€212k€107k
Amounts receivable within one year40/41€195k€82k
Trade receivables40€186k€74k
Other amounts receivable41€9k€8k
Cash at bank and in hand54/58€1k€15k
Deferred charges and accrued income490/1€16k€10k
Equity and liabilities
Total equity and liabilities10/49€642k€523k
Equity10/15€132k€153k
Contributions10/11€21k€21k=
Reserves13€29k€29k=
Tax-exempt reserves132€27k€27k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€78k€99k
Investment grants15€5k€4k
Amounts payable17/49€510k€369k
Amounts payable after more than one year17€186k€143k
Financial debts170/4€186k€143k
Amounts payable within one year42/48€319k€218k
Current portion of amounts payable after more than one year42€69k€58k
Financial debts43€75k€50k
Credit institutions430/8€75k€50k
Trade debts44€66k€28k
Suppliers440/4€66k€28k
Taxes, remuneration and social security45€101k€75k
Taxes450/3€10k€15k
Remuneration and social security454/9€91k€60k
Other amounts payable47/48€8k€6k
Accrued charges and deferred income492/3€4k€8k
Income statement Code20242025
Non-recurring operating income76A€47-
Remuneration, social security and pensions62€475k€467k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€47k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k-
Other operating charges640/8€6k€4k
Gross operating margin9900€578k€563k
Operating profit (loss)9901€35k€45k
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€31k€16k
Recurring financial charges65€31k€16k
Profit (loss) for the period before taxes9903€5k€30k
Income taxes67/77€4k€9k
Profit (loss) for the period9904€1k€21k
Profit (loss) for the period to be appropriated9905€1k€21k
Appropriation of the result
Profit (loss) to be appropriated9906€78k€99k
Profit (loss) brought forward from the previous period14P€77k€78k
Social balance
Average headcount (FTE)90878.89.4

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €21k ▲1735%
Operating result €45k, net result €21k, both a record.
31-12
Financial Equity above €150kEq €153k ▲15.7%
4 profitable years in a row build equity to €153k.
18-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
22-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 22 days late
2023
07-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 7 days late
2022
31-12
Financial Back to profitnet €8k
Net result €8k after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial Weakest financial yearnet €-2k ▼126%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Büllingen · 1 establishment unit since 2010
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.

Sankt Vither Strasse 84760 Büllingen
1 establishment unit
MC-Elec
Sankt Vither Strasse 8, 4760 BüllingenRepair, maintenance and installation of machinery and equipment
since 20102.191.079.154

Similar companies · same sector, comparable size

Of 1,221 companies in sector 33200 we hold annual accounts for 675. 529 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded11-08-2010
Fiscal year end31-12
Activities, NACEBEL
33200Installation of industrial machinery and equipment
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filings

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.