MC GESTION · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for MC GESTION according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €335k and a net result of €327k.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 event

14-08-2023

Bankruptcy Opening

Date: 27-03-2023 · Tribunal de l’entreprise du Hainaut, division Charleroi · MC GESTION SPRL AVENUE DU MARQUIS 9, 6220 FLEURUS · Publications in State Gazette ↗

Full timeline and publications

Signals

Insufficient current data: the most recent filed accounts (financial year 2020) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide

Filing behaviour not assessed

The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.

Filed after the deadline

The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 22-09-2021, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

How we compute the deadline

The year end is derived from 8 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2020, that is 31-07-2021.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	nothing on record	not filed	-
31-12-2022	31-07-2023	nothing on record	not filed	-
31-12-2021	31-07-2022	nothing on record	not filed	-
31-12-2020	31-07-2021	22-09-2021	53 d late	2021-68600085
31-12-2019	31-07-2020	23-07-2020	8 d early	2020-34600445
31-12-2018	31-07-2019	27-09-2019	58 d late	2019-66300211
31-12-2017	31-07-2018	20-12-2018	142 d late	2018-75000578
31-12-2016	31-07-2017	09-08-2017	9 d late	2017-43000440
31-12-2015	31-07-2016	16-08-2016	16 d late	2016-43300522
31-12-2014	31-07-2015	22-07-2015	9 d early	2015-34200328

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€233k+17.8%

EBIT margin10.3%-3.8pp

Net result€327k-3.1%

Working capital€-611k-5.9%

Directors1

CSV export

Annual accounts & ratios

Source: NBB · 2020

Annual accounts filed on 22-09-2021 with the NBB · fiscal year 2020 · micro

RevenueOperating resultNet result

Revenue

€233k

+17.8% 18-20

EBITDA

€135k

+6.6% 18-20

Net profit

€327k

-3.1% 18-20

Cash flow

€438k

+0.4% 18-20

Total assets

€2.48M

+13.1% 18-20

Equity

€335k

-3.1% 18-20

Working capital

€-611k

-5.9% 18-20

Income taxes

€3k

- 18-20

Show 11 other metrics

Debt

€2.14M

+16.2% 18-20

Debt ≤ 1y

€988k

+61.5% 18-20

Debt > 1y

€1.14M

-6.5% 18-20

Current ratio

0.38

+568.5% 18-20

Quick ratio

0.38

+568.5% 18-20

Solvency

13.5%

-14.3% 18-20

Debt / equity

3.41

-3.6% 18-20

ROE

97.6%

-0.1% 18-20

ROA

13.2%

-14.4% 18-20

Net margin

140.3%

-17.8% 18-20

EBITDA margin

57.8%

-9.4% 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	micro
Revenue	€233k
EBITDA	€135k
Net profit	€327k
Cash flow	€438k
Staff costs	-
Income taxes	€3k
Dividends	-
Total assets	€2.48M
Equity	€335k
Debt	€2.14M
of which ≤ 1y	€988k
of which > 1y	€1.14M
Working capital	€-611k
Employees (FTE)	-

Ratios (computed)

	2020
Current ratio	0.38
Quick ratio	0.38
Working capital ratio	-24.7%
Solvency	13.5%
Debt / equity	3.41
Long-term debt ratio	3.41
Interest coverage	-
Gross margin	-
Net margin	140.3%
ROA	13.2%
ROE	97.6%
EBITDA margin	57.8%
Days sales outstanding	105d
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €2.10M · 84.8% Current assets €377k · 15.2%

Equity & liabilities

Equity €335k · 13.5% Debt €2.14M · 86.5%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.48M
Fixed assets	21/28	€2.10M
Tangible fixed assets	22/27	€1.80M
Financial fixed assets	28	€304k
Current assets	29/58	€377k
Amounts receivable within one year	40/41	€67k
Cash & bank	54/58	€290k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.48M
Equity	10/15	€335k
Reserves	13	€2k
Accumulated profits (losses)	14	€327k
Amounts payable	17/49	€2.14M
Amounts payable after one year	17	€1.14M
Amounts payable within one year	42/48	€988k
Trade debts payable within one year	44	€336
Income statement
Turnover	70	€233k
Gross operating margin	9900	€198k
Operating result	9901	€24k
Financial income	75	€1k
Financial charges	65	€33k
Result before taxes	9903	€-8k
Income taxes	67/77	€3k
Net result for the period	9904	€-11k
Result to be appropriated	9905	€-11k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2020 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

6 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate

Role	Name	Tenure	Source
Curator	BERNARD POPYN RUE DE LA GRANDE TRIPERIE, 15, 7000 MONS- . Date provisoire de cessation de paiement : 27/03/2023	27-03-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	16-11-2012
Status	Active
Postal code	6220
First insolvency signal	14-08-2023
Latest insolvency signal	14-08-2023

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

MC GESTION

Rue Odon Rosier(S) 39, 7332 Saint-GhislainGroothandel in computers, randapparatuur en software

since 20122.214.568.594

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area9,626 m²

Buildings2

Building footprint1,716 m²

Volume (LiDAR)11,747 m³

Tallest building12.0 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52332B0459/00G003	Wallonia	7,436 m²	1 · 1,541 m²	12.0 m · 2 fl.
53073A0690/00E000	Wallonia	2,190 m²	1 · 175 m²	8.1 m · 2 fl.

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.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette

14-08-2023

Bankruptcy Opening

Date: 27-03-2023 · Tribunal de l’entreprise du Hainaut, division Charleroi · MC GESTION SPRL AVENUE DU MARQUIS 9, 6220 FLEURUS · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgian State Gazette · acts

0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured

38 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 15

Growth 76

Stability 0

Credit advice

verdict per customer and amount

Company registry

Company registry (CBE)

Crossroads Bank

Names & trade names

Legal nameFR

MC GESTION

Registered office

Avenue du Marquis(FL) 9

6220 Fleurus, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.