MC-PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of MC-PROJECTS is 2.1% (moderate). For MC-PROJECTS, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €305,416 and a net result of -€30,091. Equity is growing by ~4.9% per year across the filed fiscal years. The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability7▼-76
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 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 2022Solvency, return and age of the figures
Solvency
98.9%
Return on assets
-9.7%
Age of the figures
48 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2023 close30-04-2024 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 27-04-2026, 1093 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
1093 d late
2021
1066 d late
2020
72 d late
2019
437 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 667 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Turnover
€91,289
EBIT margin
26.8%
Net result
-€30,091
2021 · €16,220
Working capital
€282,943▼ 14.4%
2021 · €330,694
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€91,289
Operating result€39,671-€19,868▼ 49.9%€28,065▲ 41.3%€24,468▼ 12.8%-€32,765
Net result€28,096-€13,982▼ 50.2%€21,719▲ 55.3%€16,220▼ 25.3%-€30,091
EBIT margin26.8%
Equity€283,586-€297,568▲ 4.9%€319,288▲ 7.3%€335,508▲ 5.1%€305,416▼ 9.0%
Total assets€286,472-€315,296▲ 10.1%€354,727▲ 12.5%€352,562▼ 0.6%€308,791▼ 12.4%
Debt€2,886-€17,728▲ 514%€35,440▲ 99.9%€17,054▼ 51.9%€3,375▼ 80.2%
Working capital€200,138-€241,972▲ 20.9%€292,852▲ 21.0%€330,694▲ 12.9%€282,943▼ 14.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €32,765 after €24,468 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €308,791
Fixed assets
€22,474 ▲ 367%
Current assets
€286,317 ▼ 17.7%
Equity and liabilities €308,791
Equity
€305,416 ▼ 9.0%
Debt
€3,375 ▼ 80.2%
Debt's share of the balance-sheet total falls from 4.8% to 1.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€31,964▼
2021 · €50,462
Cash flow
-€29,291▼
2021 · €42,213
Current ratio
84.84▲
2021 · 20.39
Debt to equity
0.01▼
2021 · 0.05
ROE
-9.9%▼
2021 · 4.8%
ROA
-9.7%▼
2021 · 4.6%
Interest coverage
-118.06▼
2021 · 171.76
Debt ≤ 1 year
€3,375▼
2021 · €17,054
Income taxes
-€1,174▼
2021 · €7,954
Staff costs
€251
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €91,289 | - | - |
| Non-recurring operating income76A | - | - | - | - | €2,421 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €39,469 | €34,023 | ▼ 13.8% |
| Remuneration, social security and pensions62 | - | - | - | - | €251 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,142 | €27,852 | €30,400 | €25,993 | €801 | ▼ 96.9% |
| Other operating charges640/8 | - | - | - | €1,358 | €111 | ▼ 91.8% |
| Gross operating margin9900 | €68,173 | €48,646 | €58,800 | €51,819 | -€31,602 | ▼ 161% |
| Operating profit (loss)9901 | €39,671 | €19,868 | €28,065 | €24,468 | -€32,765 | ▼ 234% |
| Financial income75/76B | - | - | - | - | €1,770 | - |
| Recurring financial income75 | €296 | - | - | - | €1,770 | - |
| Financial charges65/66B | - | - | - | €294 | €271 | ▼ 7.8% |
| Recurring financial charges65 | - | €280 | €267 | €294 | €271 | ▼ 7.8% |
| Profit (loss) for the period before taxes9903 | €40,603 | €19,588 | €27,798 | €24,175 | -€31,265 | ▼ 229% |
| Income taxes67/77 | €12,506 | €5,606 | €6,079 | €7,954 | -€1,174 | ▼ 115% |
| Profit (loss) for the period9904 | €28,096 | €13,982 | €21,719 | €16,220 | -€30,091 | ▼ 286% |
| Profit (loss) for the period to be appropriated9905 | €20,953 | €6,661 | €14,816 | €16,220 | -€30,091 | ▼ 286% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €286,472 | €315,296 | €354,727 | €352,562 | €308,791 | ▼ 12.4% |
| Fixed assets21/28 | €83,448 | €55,596 | €26,435 | €4,814 | €22,474 | ▲ 367% |
| Tangible fixed assets22/27 | €83,448 | €55,596 | €26,435 | €4,814 | €22,474 | ▲ 367% |
| Land and buildings22 | - | - | - | €3,308 | €19,581 | ▲ 492% |
| Plant, machinery and equipment23 | - | - | - | €953 | €754 | ▼ 20.8% |
| Furniture and vehicles24 | - | - | - | €533 | €2,139 | ▲ 301% |
| Other tangible fixed assets26 | - | - | - | €20 | - | - |
| Current assets29/58 | €203,024 | €259,699 | €328,292 | €347,748 | €286,317 | ▼ 17.7% |
| Amounts receivable after more than one year29 | - | - | - | €41,599 | €8,469 | ▼ 79.6% |
| Other amounts receivable291 | - | - | - | €41,599 | €8,469 | ▼ 79.6% |
| Amounts receivable within one year40/41 | €31,061 | €32,671 | €39,719 | €39,332 | €3,580 | ▼ 90.9% |
| Trade receivables40 | - | - | - | €22,276 | €3,452 | ▼ 84.5% |
| Other amounts receivable41 | - | - | - | €17,056 | €128 | ▼ 99.2% |
| Cash at bank and in hand54/58 | €168,952 | €227,029 | €227,072 | €266,817 | €274,268 | ▲ 2.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €286,472 | €315,296 | €354,727 | €352,562 | €308,791 | ▼ 12.4% |
| Equity10/15 | €283,586 | €297,568 | €319,288 | €335,508 | €305,416 | ▼ 9.0% |
| Contributions10/11 | €35,000 | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Capital10 | - | - | - | €35,000 | - | - |
| Issued capital100 | - | - | - | €35,000 | - | - |
| Outside capital11 | - | - | - | - | €35,000 | - |
| Other1109/19 | - | - | - | - | €35,000 | - |
| Reserves13 | €248,586 | €262,568 | €284,288 | €300,508 | €300,508 | = |
| Non-distributable reserves130/1 | - | - | - | €3,500 | €3,500 | = |
| Legal reserve130 | - | - | - | €3,500 | €3,500 | = |
| Tax-exempt reserves132 | - | - | - | €26,462 | €26,462 | = |
| Distributable reserves133 | - | - | - | €270,546 | €270,546 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€30,091 | - |
| Amounts payable17/49 | €2,886 | €17,728 | €35,440 | €17,054 | €3,375 | ▼ 80.2% |
| Amounts payable within one year42/48 | €2,886 | €17,728 | €35,440 | €17,054 | €3,375 | ▼ 80.2% |
| Trade debts44 | €1,557 | €4,465 | €21,639 | €770 | €3,375 | ▲ 338% |
| Suppliers440/4 | - | - | - | €770 | €3,375 | ▲ 338% |
| Taxes, remuneration and social security45 | - | - | - | €16,284 | - | - |
| Taxes450/3 | - | - | - | €16,284 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,096 | €13,982 | €21,719 | €16,220 | -€30,091 | ▼ 286% |
| + Depreciation and write-downs630 | €28,142 | €27,852 | €30,400 | €25,993 | €801 | ▼ 96.9% |
| Operating cash flow (approximation) | €56,238 | €41,834 | €52,120 | €42,213 | -€29,291 | ▼ 169% |
| Investment in fixed assets (approximation) | - | €0 | -€1,240 | -€4,372 | -€18,460 | ▼ 322% |
| Change in cash | - | €58,076 | €44 | €39,745 | €7,451 | ▼ 81.3% |
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
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1093 days late
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1066 days late
2022
30-09
Financial
Weakest financial yearnet -€30,091
Net result drops to -€30,091, the lowest in the series.
30-09
Financial
Liquidity quadruplescurrent ratio 84.84
Current ratio from 20.39 to 84.84; short-term debt falls from €17,054 to €3,375.
2021
30-09
Financial
Liquidity doublescurrent ratio 20.39
Current ratio from 9.26 to 20.39; short-term debt falls from €35,440 to €17,054.
11-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 72 days late
11-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 437 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
16-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Deerlijk · 1 establishment unit since 2007
Ground area
1,781 m²
Building footprint
537 m²
Volume, LiDAR
3,537 m³
2 parcels, Flanders · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MC-PROJECTS
since 20072.160.464.568
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34009A0002/00A002 | Flanders | 1,469 m² | 1 · 226 m² | 8.8 m · 2 fl. |
| 34035B0076/00G000 | Flanders | 311 m² | 1 · 311 m² | 13.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded15-02-2007
Fiscal year end30-09
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.