MC PROJECTS

Active

Private limited company (pre-2019)founded 20187 yrs activeBultkets 10, 9402 Ninove, BelgiumKBO/BCE: BE 0713.421.142

The computed 12-month bankruptcy probability of MC PROJECTS is 7.8% (elevated). The 2024 annual accounts show negative equity (€-27k) and a net result of €-4k. Equity is shrinking by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 6717 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

9 / 100

Critical

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency0=

Growth58▲+26

Track record100

Bankruptcy probability, 12 months

7.8% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

balance sheet total too small for a liquidity verdict, and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

192021222324

2019 to 2024 · latest year €-27k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 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.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

23 d late

2023

49 d late

2022

100 d late

2021

16 d late

2020

26 d early

2019

23 d early

← before the deadline after the deadline →

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 2024, micro schema

Equity

€-27k▼ 17.5%

2023 · €-23k

2019: €5k 2020: €8k 2021: €67k 2022: €65k 2023: €-23k

2019 → 2024

Total assets

€324▲ 0.3%

2023 · €323

2019: €10k 2020: €22k 2021: €105k 2022: €108k 2023: €323

2019 → 2024

Net result

€-4k▲ 95.4%

2023 · €-88k

2019: €-6k 2020: €3k 2021: €59k 2022: €-2k 2023: €-88k

2019 → 2024

Working capital

€-27k▼ 17.5%

2023 · €-23k

2019: €5k 2020: €9k 2021: €67k 2022: €65k 2023: €-23k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€8k-€67k▲ 711%€65k▼ 3.7%€-23k€-27k▼ 17.5%

Operating result€4k-€79k▲ 1,807%€-2k€-84k▼ 4,197%€-3k▲ 96.9%

Net result€3k-€59k▲ 1,655%€-2k€-88k▼ 3,472%€-4k▲ 95.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €3k in 2024 against €84k in 2023; the loss shrinks.

Key figures and ratios

2024 value · change against 2023

Debt

€28k▲

2023 · €24k

Debt ≤ 1 year

€28k▲

2023 · €24k

Ratios withheld: a balance sheet total of €324 is too small for a meaningful ratio.

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€323€324▲

Current assets29/58€323€324▲

Amounts receivable within one year40/41€323€323=

Other amounts receivable41€323€323=

Cash at bank and in hand54/58€0€1▲

Equity and liabilities

Total equity and liabilities10/49€323€324▲

Equity10/15€-23k€-27k▼

Contributions10/11€11k€11k=

Profit (loss) carried forward14€-34k€-38k▼

Amounts payable17/49€24k€28k▲

Amounts payable within one year42/48€24k€28k▲

Financial debts43€74€0▼

Credit institutions430/8€74€0▼

Trade debts44€2k€2k▼

Suppliers440/4€2k€2k▼

Taxes, remuneration and social security45€22k€0▼

Taxes450/3€22k€0▼

Other amounts payable47/48-€26k

Income statement Code20232024

Other operating charges640/8€84k€141▼

Gross operating margin9900€681€-2k▼

Operating profit (loss)9901€-84k€-3k▲

Financial charges65/66B€5k€1k▼

Recurring financial charges65€5k€1k▼

Profit (loss) for the period before taxes9903€-88k€-4k▲

Profit (loss) for the period9904€-88k€-4k▲

Profit (loss) for the period to be appropriated9905€-88k€-4k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-34k€-38k▼

Profit (loss) brought forward from the previous period14P€54k€-34k▼

The notes to these accounts (1 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

All 9Financial 3Filings 6

2025

23-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 23 days late

2024

18-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 49 days late

2023

31-12

Financial Weakest financial yearnet €-88k

Net result drops to €-88k, the lowest in the series; recovery starts the following year.

08-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 100 days late

2022

16-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 16 days late

2021

31-12

Financial Highest result since 2019net €59k ▲1655%

Operating result €79k, net result €59k, both a record.

05-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

08-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Ninove · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Bultkets 109402 Ninove

Ground area

4,313 m²

Building footprint

285 m²

Volume, LiDAR

1,423 m³

2 parcels, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MC Projects

Brakelsesteenweg(Voo) 561, 9400 NinoveAgents specialised in the wholesale of other particular products

since 20182.281.537.196

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41038C0073/00P000	Flanders	2,605 m²	1 · 175 m²	7.6 m · 2 fl.
41073A0336/00T000	Flanders	1,708 m²	1 · 110 m²	8.0 m · 2 fl.

Linked by address, not proof of ownership

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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Ninove2.281.537.196

1 permission

Toelating · Automatenwinkel · since 01-07-2025

Similar companies · same sector, comparable size

Y-Drive Chauffeured Services

BE 0716.686.973

Boortmeerbeek · Eq €65k

Of 6,687 companies in sector 49330 we hold annual accounts for 2,291. 1,803 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded09-11-2018

Fiscal year end31-12

Activities, NACEBEL

49320Non-scheduled passenger transport by road

49330On-demand passenger transport by chauffeured vehicle

49390Land transport and transport via pipelines

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.