Equity
MC Electronics has made a profit without a break since 2018.
MC Electronics has made a profit without a break since 2018.
The micro format states no turnover.
Green is investment, beige is depreciation. Machinery stands 11.8% higher than in 2024.
In July 2024, 34,693 companies had the same profile as MC Electronics has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,448 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,693 companies, not a prediction for MC Electronics. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MC Electronics Tessenderlo-Ham | €156,265 | €27,603 | 52.8% | - |
| PTU ELEKTRO Beringen | €154,226 | €30,898 | 69.4% | - |
| TRIMIJO Bilzen-Hoeselt | €167,796 | €27,454 | 67.0% | - |
| DERWA SVEN Tongeren-Borgloon | €165,913 | €32,751 | 39.7% | - |
| E-S-V IVAN PEETERS Laakdal | €150,939 | €28,453 | 79.2% | - |
| DELAPLACE INSTALLATIES Zonnebeke | €166,734 | €29,944 | 17.8% | - |
| DAVE-ELEK Wervik | €154,438 | €28,007 | 53.5% | - |
These companies have the same main activity as MC Electronics: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €151,000 and €168,000, founded between 2008 and 2012.
MC Electronics files the micro format. That format states no turnover. The gross margin rose from €26,214 in 2010 to €27,603 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €90,000 and €200,000.
Higher than 57% of 35,156 companies in 2025.
Higher than 52% of 34,529 companies in 2025.
Higher than 47% of 34,730 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
156,265 | 198,538 | 116,900 | 137,604 | 98,803 | 107,697 | 110,450 | 60,121 | 49,852 | 47,631 | 51,071 | 62,931 | 29,017 | 37,969 | 49,757 | 54,253 | |
21/28 |
16,482 | 11,789 | 15,873 | 18,874 | 13,877 | 13,233 | 8,420 | 7,985 | 13,465 | 16,530 | 22,991 | 26,375 | 2,897 | 9,293 | 17,475 | 27,260 | |
22/27 |
16,482 | 11,789 | 15,873 | 18,874 | 13,877 | 13,233 | 8,420 | 7,985 | 13,465 | 16,530 | 22,991 | 26,375 | 2,897 | 9,293 | 17,475 | 27,260 | |
22 |
3,921 | 4,554 | 5,187 | 4,909 | 669 | 747 | 825 | 909 | 1,055 | 1,697 | 2,343 | 2,987 | 2,225 | 2,781 | 3,476 | 4,345 | |
23 |
5,482 | 4,902 | 6,730 | 7,074 | 5,169 | 1,154 | 1,152 | 1,356 | 1,430 | 1,355 | 1,878 | 465 | 113 | 1,200 | 2,361 | 3,934 | |
24 |
6,795 | 1,764 | 3,102 | 5,753 | 6,617 | 9,625 | 4,452 | 3,444 | 2,970 | 2,579 | 2,422 | 1,126 | 559 | 5,311 | 11,638 | 18,981 | |
26 |
285 | 569 | 854 | 1,138 | 1,423 | 1,707 | 1,992 | 2,276 | 2,561 | - | - | - | - | - | - | - | |
29/58 |
139,783 | 186,748 | 101,027 | 118,729 | 84,926 | 94,464 | 102,030 | 52,136 | 36,388 | 31,101 | 28,081 | 36,556 | 26,120 | 28,676 | 32,281 | 26,992 | |
3 |
62,263 | 64,536 | 27,569 | 50,394 | 29,612 | 26,282 | 11,255 | 19,940 | 12,461 | 12,585 | 15,806 | 20,343 | 7,700 | 2,900 | 3,643 | - | |
30/36 |
8,925 | 8,756 | 10,569 | 18,057 | 8,565 | 3,618 | 3,815 | 5,440 | 5,587 | 5,675 | 5,806 | 5,343 | - | - | - | - | |
37 |
53,338 | 55,780 | 17,000 | 32,336 | 21,047 | 22,664 | 7,440 | 14,500 | 6,874 | 6,909 | 10,000 | 15,000 | 7,700 | 2,900 | 3,643 | - | |
40/41 |
48,787 | 82,924 | 37,028 | 66,033 | 51,837 | 60,481 | 71,488 | 16,666 | 23,926 | 18,516 | 12,275 | 10,309 | 18,420 | 25,776 | 18,513 | 26,952 | |
40 |
16,068 | 53,002 | 14,773 | 41,037 | 38,112 | 39,947 | 54,212 | 2,770 | 12,306 | 13,707 | 3,530 | 1,529 | 15,051 | 9,558 | 2,826 | 5,111 | |
41 |
32,720 | 29,921 | 22,255 | 24,996 | 13,725 | 20,534 | 17,276 | 13,896 | 11,620 | 4,809 | 8,744 | 8,779 | 3,369 | 16,218 | 15,687 | 21,841 | |
54/58 |
13,552 | 37,100 | 32,215 | - | 1,288 | 6,375 | 19,104 | 15,453 | - | - | - | 5,412 | - | - | - | - | |
490/1 |
15,180 | 2,189 | 4,215 | 2,302 | 2,188 | 1,326 | 183 | 78 | - | - | - | 492 | - | - | 10,125 | 40 | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
156,265 | 198,538 | 116,900 | 137,604 | 98,803 | 107,697 | 110,450 | 60,121 | 49,852 | 47,631 | 51,071 | 62,931 | 29,017 | 37,969 | 49,757 | 54,253 | |
10/15 |
82,533 | 74,780 | 59,600 | 50,426 | 42,184 | 28,919 | 14,500 | 1,531 | -3,847 | 259 | 65 | 2,987 | 3,262 | 2,429 | 4,498 | 10,455 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
76,333 | 68,580 | 53,400 | 44,226 | 35,984 | 22,719 | 8,300 | 4,468 | 4,468 | 4,448 | 4,397 | 4,377 | 4,359 | 4,307 | 4,255 | 4,255 | |
130/1 |
- | - | - | 213 | 213 | 213 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 213 | 213 | 213 | 213 | 213 | 213 | 213 | 213 | 213 | 213 | |
1311 |
- | - | - | 213 | 213 | 213 | - | - | - | - | - | - | - | - | - | - | |
132 |
20 | 20 | 20 | 20 | 20 | 20 | 213 | 213 | 213 | 193 | 142 | 122 | 104 | 52 | - | - | |
133 |
76,313 | 68,560 | 53,380 | 43,994 | 35,751 | 22,487 | 7,874 | 4,042 | 4,042 | 4,042 | 4,042 | 4,042 | 4,042 | 4,042 | 4,042 | 4,042 | |
14 |
- | - | - | - | - | - | - | -9,137 | -14,514 | -10,389 | -10,532 | -7,590 | -7,297 | -8,078 | -5,957 | - | |
17/49 |
73,732 | 123,758 | 57,300 | 87,177 | 56,619 | 78,778 | 95,950 | 58,590 | 53,699 | 47,372 | 51,007 | 59,944 | 25,755 | 35,540 | 45,258 | 43,798 | |
17 |
- | - | 2,077 | 6,258 | - | - | 876 | 6,065 | 3,001 | 9,450 | 13,946 | 19,100 | - | 469 | 5,951 | 10,744 | |
170/4 |
- | - | 2,077 | 6,258 | - | - | 876 | 6,065 | 3,001 | 9,450 | 13,946 | 19,100 | - | 469 | 5,951 | 10,744 | |
42/48 |
73,732 | 123,758 | 55,222 | 80,920 | 56,619 | 78,778 | 95,074 | 52,525 | 50,507 | 37,843 | 36,764 | 40,543 | 25,535 | 34,797 | 39,001 | 32,796 | |
42 |
- | 2,043 | 3,354 | 3,219 | - | 876 | 5,189 | 8,072 | 6,450 | 10,473 | 5,154 | 4,952 | 469 | 5,482 | 5,218 | 5,393 | |
43 |
1,013 | 1,276 | 1,276 | 6,053 | 1,268 | 1,269 | 1,258 | - | 3,166 | 6,224 | 6,196 | - | 8,197 | 9,059 | 8,981 | 508 | |
430/8 |
1,013 | 1,276 | 1,276 | 6,053 | 1,268 | 1,269 | 1,258 | - | 3,166 | 6,224 | 6,196 | - | 8,197 | 9,059 | 8,981 | 508 | |
44 |
67,700 | 98,694 | 43,116 | 61,412 | 45,539 | 68,608 | 86,153 | 41,815 | 39,585 | 19,183 | 22,439 | 30,949 | 15,375 | 18,215 | 22,098 | 24,869 | |
440/4 |
67,700 | 98,694 | 43,116 | 61,412 | 45,539 | 68,608 | 86,153 | 41,815 | 39,585 | 19,183 | 22,439 | 30,949 | 15,375 | 18,215 | 22,098 | 24,869 | |
45 |
3,353 | 16,246 | 7,475 | 10,236 | 9,812 | 8,024 | 2,474 | 2,639 | 1,307 | 1,963 | 2,975 | 4,642 | 1,494 | 2,042 | 2,704 | 2,026 | |
450/3 |
3,353 | 16,246 | 7,475 | 10,236 | 9,812 | 8,024 | 2,474 | 2,639 | 1,307 | 1,902 | 2,975 | 4,642 | 1,494 | 2,042 | 1,504 | 2,026 | |
454/9 |
- | - | - | - | - | - | - | - | - | 61 | - | - | - | - | 1,200 | - | |
47/48 |
1,666 | 5,498 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
492/3 |
- | - | - | - | - | - | - | - | 192 | 78 | 296 | 300 | 221 | 274 | 306 | 258 | |
| Income statement | |||||||||||||||||
9900 |
27,603 | 45,557 | 32,581 | 26,910 | 32,981 | 31,042 | 26,431 | 22,033 | 10,097 | 14,907 | 10,539 | 11,902 | 11,630 | 11,037 | 9,031 | 26,214 | |
62 |
3,154 | 4,934 | 6,544 | 2,963 | 3,198 | 2,398 | 1,678 | 1,027 | 513 | 278 | 133 | 400 | 421 | 430 | 919 | 1,490 | |
630 |
5,526 | 4,397 | 5,585 | 5,056 | 4,179 | 2,633 | 3,094 | 8,174 | 8,272 | 7,556 | 7,335 | 6,534 | 7,094 | 8,371 | 9,785 | 15,113 | |
640/8 |
1,515 | 1,336 | 1,804 | 2,819 | 2,531 | 2,908 | 2,635 | 3,314 | 3,253 | 3,560 | 3,654 | 3,176 | 1,268 | 1,817 | 2,118 | 1,770 | |
9901 |
17,408 | 34,890 | 18,647 | 16,072 | 23,073 | 23,102 | 19,023 | 9,518 | -1,940 | 3,514 | -583 | 1,792 | 2,847 | 418 | -3,792 | 7,841 | |
75/76B |
71 | 8 | 185 | 16 | 19 | 168 | 18 | 109 | 0 | 4 | 2 | 2 | 0 | 1 | 1 | 6 | |
75 |
71 | 8 | 185 | 16 | 19 | 168 | 18 | 109 | 0 | 4 | 2 | 2 | 0 | 1 | 1 | 6 | |
65/66B |
4,405 | 3,026 | 2,579 | 2,848 | 2,763 | 1,103 | 1,019 | 1,763 | 1,828 | 2,359 | 2,191 | 1,927 | 1,962 | 2,438 | 2,166 | 1,567 | |
65 |
4,405 | 3,026 | 2,579 | 2,848 | 2,763 | 1,103 | 1,019 | 1,763 | 1,828 | 2,359 | 2,191 | 1,927 | 1,962 | 2,438 | 2,166 | 1,567 | |
9903 |
13,074 | 31,872 | 16,254 | 13,240 | 20,329 | 22,167 | 18,022 | 7,864 | -3,768 | 1,159 | -2,772 | -133 | 885 | -2,018 | -5,957 | 6,281 | |
67/77 |
3,655 | 11,194 | 7,080 | 4,997 | 7,065 | 7,748 | 5,053 | 2,487 | 338 | 965 | 150 | 142 | 52 | 51 | - | 2,026 | |
9904 |
9,419 | 20,678 | 9,174 | 8,243 | 13,264 | 14,420 | 12,969 | 5,378 | -4,106 | 194 | -2,922 | -275 | 833 | -2,069 | -5,957 | 4,255 | |
789 |
- | - | - | - | - | 193 | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | 20 | 51 | 20 | 18 | 52 | 52 | - | - | |
9905 |
9,419 | 20,678 | 9,174 | 8,243 | 13,264 | 14,612 | 12,969 | 5,378 | -4,126 | 144 | -2,942 | -293 | 781 | -2,122 | -5,957 | 4,255 | |
| Appropriation of the result | |||||||||||||||||
9906 |
9,419 | 20,678 | 9,174 | 8,243 | 13,264 | 14,612 | 3,832 | -9,137 | -14,514 | -10,389 | -10,532 | -7,590 | -7,297 | -8,078 | -5,957 | 4,255 | |
791/2 |
1,666 | 5,498 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
9,419 | 20,678 | 9,174 | 8,243 | 13,264 | 14,612 | 3,832 | - | - | - | - | - | - | - | - | 4,255 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 213 | |
6921 |
9,419 | 20,678 | 9,174 | 8,243 | 13,264 | 14,612 | 3,832 | - | - | - | - | - | - | - | - | 4,042 | |
694/7 |
1,666 | 5,498 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
1,666 | 5,498 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 03-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00246527 | |
| 31-12-2024 | micro format | 07-07-2025 | 2025-00234974 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00176474 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00352929 | |
| 31-12-2021 | micro format | 20-07-2022 | 2022-20204744 | |
| 31-12-2020 | micro format | 06-07-2021 | 2021-31300319 | |
| 31-12-2019 | micro format | 26-06-2020 | 2020-21300091 | |
| 31-12-2018 | micro format | 02-07-2019 | 2019-26900425 | |
| 31-12-2017 | micro format | 27-06-2018 | 2018-24300009 | |
| 31-12-2016 | micro format | 05-07-2017 | 2017-28200471 | |
| 31-12-2015 | abbreviated format | 15-07-2016 | 2016-32100319 | |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-51500202 | |
| 31-12-2013 | abbreviated format | 30-06-2014 | 2014-24200117 | |
| 31-12-2012 | abbreviated format | 15-07-2013 | 2013-30600125 | |
| 31-12-2011 | abbreviated format | 16-07-2012 | 2012-30200339 | |
| 31-12-2010 | abbreviated format | 14-07-2011 | 2011-30200184 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22,934 | 39,286 | 24,232 | 21,128 | 27,252 | 25,735 | 22,118 | 17,692 | 6,331 | 11,070 | 6,752 | 8,326 | 9,941 | 8,790 | 5,993 | 22,954 | ||
| 14,945 | 25,075 | 14,759 | 13,299 | 17,443 | 17,052 | 16,064 | 13,552 | 4,166 | 7,750 | 4,413 | 6,259 | 7,927 | 6,302 | 3,828 | 19,368 | ||
| 22,012 | 313 | 2,584 | 10,053 | 4,823 | 7,445 | 3,530 | 2,694 | 5,206 | 1,095 | 3,950 | 30,012 | 699 | 189 | 0 | 42,373 | ||
| -23,547 | 4,884 | - | - | -5,087 | -12,729 | 3,652 | - | - | - | - | - | - | - | - | - | ||
| 66,051 | 62,990 | 45,805 | 37,810 | 28,307 | 15,687 | 6,956 | -389 | -14,119 | -6,742 | -8,683 | -3,988 | 585 | -6,121 | -6,720 | -5,803 | ||
| 52.8% | 37.7% | 51.0% | 36.6% | 42.7% | 26.9% | 13.1% | 2.5% | -7.7% | 0.5% | 0.1% | 4.7% | 11.2% | 6.4% | 9.0% | 19.3% | ||
| 1.90 | 1.51 | 1.83 | 1.47 | 1.50 | 1.20 | 1.07 | 0.99 | 0.72 | 0.82 | 0.76 | 0.90 | 1.02 | 0.82 | 0.83 | 0.82 | ||
| 1.05 | 0.99 | 1.33 | 0.84 | 0.98 | 0.87 | 0.95 | 0.61 | 0.47 | 0.49 | 0.33 | 0.40 | 0.72 | 0.74 | 0.73 | 0.82 | ||
| 0.89 | 1.65 | 0.96 | 1.73 | 1.34 | 2.72 | 6.62 | 38.28 | - | - | - | 20.07 | 7.90 | 14.63 | 10.06 | 4.19 | ||
| 11.4% | 27.7% | 15.4% | 16.3% | 31.4% | 49.9% | 89.4% | 351.3% | - | - | - | -9.2% | 25.5% | -85.2% | -132.4% | 40.7% | ||
| 6.0% | 10.4% | 7.8% | 6.0% | 13.4% | 13.4% | 11.7% | 8.9% | -8.2% | 0.4% | -5.7% | -0.4% | 2.9% | -5.4% | -12.0% | 7.8% | ||
| 5.21 | 12.98 | 9.40 | 7.42 | 9.86 | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €22,012 | €313 | €2,584 | €10,053 | €4,823 |
| €5,526 | €4,397 | €5,585 | €5,056 | €4,179 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 50% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 62.3% to 47.2%. Equity is higher and debt is lower.
MC Electronics has no parent and no holdings in its annual accounts. MC Electronics shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kerkhofstraat 31 registered office 3945 Tessenderlo-Ham | 31-12-2009 | 2.184.517.105 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71046A1004/00D000 | 2,547 m² | 1 · 162 m² | 7.9 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0821.442.718
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