MC & S CONSTRUCT
Bankruptcy closedSummary
MC & S CONSTRUCT was declared bankrupt on 27-02-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 30-09-2025, published in the Belgian State Gazette on 08-10-2025. The 2020 annual accounts show equity of €1,572 and a net result of -€1,020.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-08-2021, 25 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
25 d late
2019
98 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 62 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 2020, micro schema
Equity
€1,572▼ 39.4%
2019 · €2,592
Total assets
€11,294▲ 35.0%
2019 · €8,368
Net result
-€1,020
2019 · €5,375
Working capital
€1,572▼ 39.4%
2019 · €2,592
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
Line20192020
Operating result€6,955-€158▼ 97.7%
Net result€5,375--€1,020
Equity€2,592-€1,572▼ 39.4%
Total assets€8,368-€11,294▲ 35.0%
Debt€5,775-€9,722▲ 68.3%
Working capital€2,592-€1,572▼ 39.4%
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 2020; 2020 is 98% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €11,294
Equity
€1,572 ▼ 39.4%
Debt
€9,722 ▲ 68.3%
Debt's share of the balance-sheet total rises from 69.0% to 86.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.16▼
2019 · 1.45
ROE
-64.9%▼
2019 · 207.3%
ROA
-9.0%▼
2019 · 64.2%
Debt ≤ 1 year
€9,722▲
2019 · €5,775
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Gross operating margin9900 | €7,195 | €1,251 | ▼ 82.6% |
| Operating profit (loss)9901 | €6,955 | €158 | ▼ 97.7% |
| Recurring financial charges65 | €876 | €1,178 | ▲ 34.5% |
| Profit (loss) for the period before taxes9903 | €5,375 | -€1,020 | ▼ 119% |
| Profit (loss) for the period9904 | €5,375 | -€1,020 | ▼ 119% |
| Profit (loss) for the period to be appropriated9905 | €5,375 | -€1,020 | ▼ 119% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €8,368 | €11,294 | ▲ 35.0% |
| Current assets29/58 | €8,368 | €11,294 | ▲ 35.0% |
| Amounts receivable within one year40/41 | €8,368 | €11,294 | ▲ 35.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €8,368 | €11,294 | ▲ 35.0% |
| Equity10/15 | €2,592 | €1,572 | ▼ 39.4% |
| Contributions10/11 | €100 | - | - |
| Reserves13 | €3,400 | €3,400 | = |
| Profit (loss) carried forward14 | -€908 | -€1,928 | ▼ 112% |
| Amounts payable17/49 | €5,775 | €9,722 | ▲ 68.3% |
| Amounts payable within one year42/48 | €5,775 | €9,722 | ▲ 68.3% |
| Trade debts44 | €1,398 | €5,019 | ▲ 259% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5,375 | -€1,020 | ▼ 119% |
| Operating cash flow (approximation) | €5,375 | -€1,020 | ▼ 119% |
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
2025
08-10
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · event 30-09-2025
2024
05-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 27-02-2024
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 25 days late
2014
21-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 82 days late
SignalNBB filing
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Pepingen · 1 establishment unit since 2013
Ground area
922 m²
Building footprint
228 m²
Volume, LiDAR
927 m³
Parcel 23064B0414/00S000, Flanders · tallest building 11.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MC & S Construct
since 20132.220.800.845
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23064B0414/00S000 | Flanders | 922 m² | 1 · 228 m² | 11.0 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WIM HEETHEM WATERLOOSESTEENWEG 412/F,
1050 BRUSSEL 5 |
27-02-2024 → 30-09-2025 |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-04-2013
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.