MC Electronics
ActiveSummary
MC Electronics has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83k and a net result of €9k. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 56% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-12
Solvency78▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.51 in 2024; short-term debt: 47.2% and cash: 8.7% of total assets), and 47.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.8%
Return on assets
6%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
24 d early
2023
33 d early
2022
25 d late
2021
11 d early
2020
25 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€83k▲ 10.4%
2024 · €75k
2018: €2klowest in 8 years
2019: €14k▲ +847% vs 2018
2020: €29k▲ +99.4% vs 2019
2021: €42k▲ +45.9% vs 2020
2022: €50k▲ +19.5% vs 2021
2023: €60k▲ +18.2% vs 2022
2024: €75k▲ +25.5% vs 2023
2025: €83k▲ +10.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€156k▼ 21.3%
2024 · €199k
2018: €60klowest in 8 years
2019: €110k▲ +83.7% vs 2018
2020: €108k▼ -2.5% vs 2019
2021: €99k▼ -8.3% vs 2020
2022: €138k▲ +39.3% vs 2021
2023: €117k▼ -15.0% vs 2022
2024: €199k▲ +69.8% vs 2023highest in 8 years
2025: €156k▼ -21.3% vs 2024
2018 → 2025
Net result
€9k▼ 54.4%
2024 · €21k
2018: €5klowest in 8 years
2019: €13k▲ +141% vs 2018
2020: €14k▲ +11.2% vs 2019
2021: €13k▼ -8.0% vs 2020
2022: €8k▼ -37.9% vs 2021
2023: €9k▲ +11.3% vs 2022
2024: €21k▲ +125% vs 2023highest in 8 years
2025: €9k▼ -54.4% vs 2024
2018 → 2025
Working capital
€66k▲ 4.9%
2024 · €63k
2018: €-389lowest in 8 years
2019: €7k▲ +1888% vs 2018
2020: €16k▲ +126% vs 2019
2021: €28k▲ +80.4% vs 2020
2022: €38k▲ +33.6% vs 2021
2023: €46k▲ +21.1% vs 2022
2024: €63k▲ +37.5% vs 2023
2025: €66k▲ +4.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€50k▲ 19.5%€60k▲ 18.2%€75k▲ 25.5%€83k▲ 10.4%
2021: €42klowest in 5 years
2022: €50k▲ +19.5% vs 2021
2023: €60k▲ +18.2% vs 2022
2024: €75k▲ +25.5% vs 2023
2025: €83k▲ +10.4% vs 2024highest in 5 years
Operating result€23k-€16k▼ 30.3%€19k▲ 16.0%€35k▲ 87.1%€17k▼ 50.1%
2021: €23k
2022: €16k▼ -30.3% vs 2021lowest in 5 years
2023: €19k▲ +16.0% vs 2022
2024: €35k▲ +87.1% vs 2023highest in 5 years
2025: €17k▼ -50.1% vs 2024
Net result€13k-€8k▼ 37.9%€9k▲ 11.3%€21k▲ 125%€9k▼ 54.4%
2021: €13k
2022: €8k▼ -37.9% vs 2021lowest in 5 years
2023: €9k▲ +11.3% vs 2022
2024: €21k▲ +125% vs 2023highest in 5 years
2025: €9k▼ -54.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €156k
Fixed assets
€16k ▲ 39.8%
Current assets
€140k ▼ 25.1%
Equity and liabilities €156k
Equity
€83k ▲ 10.4%
Debt
€74k ▼ 40.4%
Debt's share of the balance-sheet total falls from 62.3% to 47.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▼
2024 · €39k
Cash flow
€15k▼
2024 · €25k
Current ratio
1.90▲
2024 · 1.51
Quick ratio
1.05▲
2024 · 0.99
Debt to equity
0.89▼
2024 · 1.65
ROE
11.4%▼
2024 · 27.7%
ROA
6.0%▼
2024 · 10.4%
Interest coverage
5.21▼
2024 · 12.98
Debt ≤ 1 year
€74k▼
2024 · €124k
Income taxes
€4k▼
2024 · €11k
Staff costs
€3k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€199k€156k▼
Fixed assets21/28€12k€16k▲
Tangible fixed assets22/27€12k€16k▲
Land and buildings22€5k€4k▼
Plant, machinery and equipment23€5k€5k▲
Furniture and vehicles24€2k€7k▲
Other tangible fixed assets26€569€285▼
Current assets29/58€187k€140k▼
Stocks and contracts in progress3€65k€62k▼
Stocks30/36€9k€9k▲
Contracts in progress37€56k€53k▼
Amounts receivable within one year40/41€83k€49k▼
Trade receivables40€53k€16k▼
Other amounts receivable41€30k€33k▲
Cash at bank and in hand54/58€37k€14k▼
Deferred charges and accrued income490/1€2k€15k▲
Equity and liabilities
Total equity and liabilities10/49€199k€156k▼
Equity10/15€75k€83k▲
Contributions10/11€6k€6k=
Reserves13€69k€76k▲
Tax-exempt reserves132€20€20=
Distributable reserves133€69k€76k▲
Amounts payable17/49€124k€74k▼
Amounts payable within one year42/48€124k€74k▼
Current portion of amounts payable after more than one year42€2k-
Financial debts43€1k€1k▼
Credit institutions430/8€1k€1k▼
Trade debts44€99k€68k▼
Suppliers440/4€99k€68k▼
Taxes, remuneration and social security45€16k€3k▼
Taxes450/3€16k€3k▼
Other amounts payable47/48€5k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€5k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€46k€28k▼
Operating profit (loss)9901€35k€17k▼
Financial income75/76B€8€71▲
Recurring financial income75€8€71▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€32k€13k▼
Income taxes67/77€11k€4k▼
Profit (loss) for the period9904€21k€9k▼
Profit (loss) for the period to be appropriated9905€21k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€9k▼
Transfer from equity791/2€5k€2k▼
Transfer to equity691/2€21k€9k▼
To other reserves6921€21k€9k▼
Profit to be distributed694/7€5k€2k▼
Return on contributions (dividend)694€5k€2k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €3k | €3k | €7k | €5k | €3k | ▼ 36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €6k | €4k | €6k | ▲ 25.7% |
| Other operating charges640/8 | €3k | €3k | €2k | €1k | €2k | ▲ 13.4% |
| Gross operating margin9900 | €33k | €27k | €33k | €46k | €28k | ▼ 39.4% |
| Operating profit (loss)9901 | €23k | €16k | €19k | €35k | €17k | ▼ 50.1% |
| Financial income75/76B | €19 | €16 | €185 | €8 | €71 | ▲ 802% |
| Recurring financial income75 | €19 | €16 | €185 | €8 | €71 | ▲ 802% |
| Financial charges65/66B | €3k | €3k | €3k | €3k | €4k | ▲ 45.6% |
| Recurring financial charges65 | €3k | €3k | €3k | €3k | €4k | ▲ 45.6% |
| Profit (loss) for the period before taxes9903 | €20k | €13k | €16k | €32k | €13k | ▼ 59.0% |
| Income taxes67/77 | €7k | €5k | €7k | €11k | €4k | ▼ 67.4% |
| Profit (loss) for the period9904 | €13k | €8k | €9k | €21k | €9k | ▼ 54.4% |
| Profit (loss) for the period to be appropriated9905 | €13k | €8k | €9k | €21k | €9k | ▼ 54.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99k | €138k | €117k | €199k | €156k | ▼ 21.3% |
| Fixed assets21/28 | €14k | €19k | €16k | €12k | €16k | ▲ 39.8% |
| Tangible fixed assets22/27 | €14k | €19k | €16k | €12k | €16k | ▲ 39.8% |
| Land and buildings22 | €669 | €5k | €5k | €5k | €4k | ▼ 13.9% |
| Plant, machinery and equipment23 | €5k | €7k | €7k | €5k | €5k | ▲ 11.8% |
| Furniture and vehicles24 | €7k | €6k | €3k | €2k | €7k | ▲ 285% |
| Other tangible fixed assets26 | €1k | €1k | €854 | €569 | €285 | ▼ 50.0% |
| Current assets29/58 | €85k | €119k | €101k | €187k | €140k | ▼ 25.1% |
| Stocks and contracts in progress3 | €30k | €50k | €28k | €65k | €62k | ▼ 3.5% |
| Stocks30/36 | €9k | €18k | €11k | €9k | €9k | ▲ 1.9% |
| Contracts in progress37 | €21k | €32k | €17k | €56k | €53k | ▼ 4.4% |
| Amounts receivable within one year40/41 | €52k | €66k | €37k | €83k | €49k | ▼ 41.2% |
| Trade receivables40 | €38k | €41k | €15k | €53k | €16k | ▼ 69.7% |
| Other amounts receivable41 | €14k | €25k | €22k | €30k | €33k | ▲ 9.4% |
| Cash at bank and in hand54/58 | €1k | - | €32k | €37k | €14k | ▼ 63.5% |
| Deferred charges and accrued income490/1 | €2k | €2k | €4k | €2k | €15k | ▲ 594% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99k | €138k | €117k | €199k | €156k | ▼ 21.3% |
| Equity10/15 | €42k | €50k | €60k | €75k | €83k | ▲ 10.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €36k | €44k | €53k | €69k | €76k | ▲ 11.3% |
| Non-distributable reserves130/1 | €213 | €213 | - | - | - | - |
| Reserves not available under the articles1311 | €213 | €213 | - | - | - | - |
| Tax-exempt reserves132 | €20 | €20 | €20 | €20 | €20 | = |
| Distributable reserves133 | €36k | €44k | €53k | €69k | €76k | ▲ 11.3% |
| Amounts payable17/49 | €57k | €87k | €57k | €124k | €74k | ▼ 40.4% |
| Amounts payable after more than one year17 | - | €6k | €2k | - | - | - |
| Financial debts170/4 | - | €6k | €2k | - | - | - |
| Amounts payable within one year42/48 | €57k | €81k | €55k | €124k | €74k | ▼ 40.4% |
| Current portion of amounts payable after more than one year42 | - | €3k | €3k | €2k | - | - |
| Financial debts43 | €1k | €6k | €1k | €1k | €1k | ▼ 20.6% |
| Credit institutions430/8 | €1k | €6k | €1k | €1k | €1k | ▼ 20.6% |
| Trade debts44 | €46k | €61k | €43k | €99k | €68k | ▼ 31.4% |
| Suppliers440/4 | €46k | €61k | €43k | €99k | €68k | ▼ 31.4% |
| Taxes, remuneration and social security45 | €10k | €10k | €7k | €16k | €3k | ▼ 79.4% |
| Taxes450/3 | €10k | €10k | €7k | €16k | €3k | ▼ 79.4% |
| Other amounts payable47/48 | - | - | - | €5k | €2k | ▼ 69.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €8k | €9k | €21k | €9k | ▼ 54.4% |
| + Depreciation and write-downs630 | €4k | €5k | €6k | €4k | €6k | ▲ 25.7% |
| Operating cash flow (approximation) | €17k | €13k | €15k | €25k | €15k | ▼ 40.4% |
| Investment in fixed assets (approximation) | - | €-10k | €-3k | €-313 | €-10k | ▼ 3,164% |
| Change in cash | - | - | - | €5k | €-24k | ▼ 582% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €21k ▲125%
Operating result €35k, net result €21k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Tessenderlo-Ham · 1 establishment unit since 2009
Ground area
2,547 m²
Building footprint
162 m²
Volume, LiDAR
857 m³
Parcel 71046A1004/00D000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MC Electronics
since 20092.184.517.105
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71046A1004/00D000 | Flanders | 2,547 m² | 1 · 162 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,808 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.