MC SOFT
ActiveSummary
MC SOFT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2,000 and a net result of €40,254. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency27▼-35
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
1.8%
Return on assets
36.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 20783 sector peers (2024).
NBB · sector comparisonPosition among 20783 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-05-2025, 69 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
69 d early
2023
29 d late
2022
31 d late
2021
61 d late
2020
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€2,000▼ 96.3%
2023 · €53,603
Total assets
€108,967▼ 25.6%
2023 · €146,377
Net result
€40,254▲ 8.1%
2023 · €37,246
Working capital
-€32,816
2023 · €22,664
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€19,465-€25,229▲ 29.6%€18,962▼ 24.8%€55,598▲ 193%€51,577▼ 7.2%
Net result€16,297within the sector's middle half-€24,739within the sector's middle half▲ 51.8%€10,568within the sector's middle half▼ 57.3%€37,246within the sector's middle half▲ 252%€40,254within the sector's middle half▲ 8.1%
Equity€18,297below the sector's middle half-€43,036within the sector's middle half▲ 135%€53,604within the sector's middle half▲ 24.6%€53,603within the sector's middle half=€2,000below the sector's middle half▼ 96.3%
Total assets€62,914below the sector's middle half-€80,891within the sector's middle half▲ 28.6%€79,043within the sector's middle half▼ 2.3%€146,377within the sector's middle half▲ 85.2%€108,967within the sector's middle half▼ 25.6%
Debt€44,617-€37,855▼ 15.2%€25,439▼ 32.8%€92,774▲ 265%€106,967▲ 15.3%
Working capital€6,869-€30,856▲ 349%€51,105▲ 65.6%€22,664▼ 55.7%-€32,816
Solvency29.1%below the sector's middle half-53.2%within the sector's middle half▲ 24.1pp67.8%within the sector's middle half▲ 14.6pp36.6%within the sector's middle half▼ 31.2pp1.8%below the sector's middle half▼ 34.8pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
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 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €108,967
Fixed assets
€35,780 ▼ 17.8%
Current assets
€73,187 ▼ 28.8%
Equity and liabilities €108,967
Equity
€2,000 ▼ 96.3%
Debt
€106,967 ▲ 15.3%
Debt's share of the balance-sheet total rises from 63.4% to 98.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€64,641▼
2023 · €68,741
Cash flow
€53,318▲
2023 · €50,389
Current ratio
0.69▼
2023 · 1.28
Debt to equity
53.48▲
2023 · 1.73
ROA
36.9%▲
2023 · 25.4%
Interest coverage
88.07▲
2023 · 64.61
Debt ≤ 1 year
€106,003▲
2023 · €80,187
Debt > 1 year
€964▼
2023 · €12,587
Income taxes
€10,589▼
2023 · €17,288
A ratio outside any meaningful range has been withheld (balance sheet total €108,967, equity €2,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,151 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,151 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €27,149 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,294 | €14,844 | €11,629 | €13,143 | €13,063 | ▼ 0.6% |
| Other operating charges640/8 | - | €769 | €1,066 | €2,526 | €824 | ▼ 67.4% |
| Non-recurring operating charges66A | - | €430 | €597 | - | - | - |
| Gross operating margin9900 | €38,929 | €41,272 | €32,254 | €71,267 | €65,465 | ▼ 8.1% |
| Operating profit (loss)9901 | €19,465 | €25,229 | €18,962 | €55,598 | €51,577 | ▼ 7.2% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | - | €490 | €204 | €1,064 | €734 | ▼ 31.0% |
| Recurring financial charges65 | €668 | €435 | €204 | €1,064 | €734 | ▼ 31.0% |
| Non-recurring financial charges66B | - | €55 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €18,797 | €24,739 | €18,758 | €54,534 | €50,843 | ▼ 6.8% |
| Income taxes67/77 | €2,500 | - | €8,190 | €17,288 | €10,589 | ▼ 38.7% |
| Profit (loss) for the period9904 | €16,297 | €24,739 | €10,568 | €37,246 | €40,254 | ▲ 8.1% |
| Profit (loss) for the period to be appropriated9905 | €16,297 | €24,739 | €10,568 | €37,246 | €40,254 | ▲ 8.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62,914 | €80,891 | €79,043 | €146,377 | €108,967 | ▼ 25.6% |
| Fixed assets21/28 | €22,815 | €12,180 | €2,499 | €43,526 | €35,780 | ▼ 17.8% |
| Tangible fixed assets22/27 | €22,815 | €12,180 | €2,499 | €43,526 | €35,780 | ▼ 17.8% |
| Plant, machinery and equipment23 | - | €661 | €1,299 | €649 | €3,622 | ▲ 458% |
| Furniture and vehicles24 | - | €11,519 | €1,200 | €42,877 | €32,158 | ▼ 25.0% |
| Current assets29/58 | €40,099 | €68,711 | €76,544 | €102,851 | €73,187 | ▼ 28.8% |
| Amounts receivable within one year40/41 | €11,011 | €13,649 | €11,495 | €10,649 | €9,983 | ▼ 6.3% |
| Trade receivables40 | - | €13,649 | €11,495 | €10,649 | €9,983 | ▼ 6.3% |
| Cash at bank and in hand54/58 | €29,088 | €55,062 | €65,049 | €92,202 | €61,162 | ▼ 33.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,042 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62,914 | €80,891 | €79,043 | €146,377 | €108,967 | ▼ 25.6% |
| Equity10/15 | €18,297 | €43,036 | €53,604 | €53,603 | €2,000 | ▼ 96.3% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Capital10 | - | €2,000 | €2,000 | €2,000 | - | - |
| Issued capital100 | - | €2,000 | €2,000 | €2,000 | - | - |
| Profit (loss) carried forward14 | €16,297 | €41,036 | €51,604 | €51,603 | - | - |
| Amounts payable17/49 | €44,617 | €37,855 | €25,439 | €92,774 | €106,967 | ▲ 15.3% |
| Amounts payable after more than one year17 | €11,373 | - | - | €12,587 | €964 | ▼ 92.3% |
| Financial debts170/4 | - | - | - | €12,587 | €964 | ▼ 92.3% |
| Amounts payable within one year42/48 | €33,230 | €37,855 | €25,439 | €80,187 | €106,003 | ▲ 32.2% |
| Current portion of amounts payable after more than one year42 | - | €11,374 | - | €10,694 | €11,353 | ▲ 6.2% |
| Trade debts44 | €15,742 | €17,689 | €16,238 | €18,744 | €2,698 | ▼ 85.6% |
| Suppliers440/4 | - | €17,689 | €16,238 | €18,744 | €2,698 | ▼ 85.6% |
| Taxes, remuneration and social security45 | - | €8,642 | €8,658 | €18,761 | €13,270 | ▼ 29.3% |
| Taxes450/3 | - | €8,642 | €8,658 | €18,761 | €13,270 | ▼ 29.3% |
| Other amounts payable47/48 | - | €150 | €543 | €31,988 | €78,682 | ▲ 146% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,297 | €24,739 | €10,568 | €37,246 | €40,254 | ▲ 8.1% |
| + Depreciation and write-downs630 | €16,294 | €14,844 | €11,629 | €13,143 | €13,063 | ▼ 0.6% |
| Operating cash flow (approximation) | €32,591 | €39,583 | €22,197 | €50,389 | €53,318 | ▲ 5.8% |
| Investment in fixed assets (approximation) | - | -€4,209 | -€1,948 | -€54,170 | -€5,317 | ▲ 90.2% |
| Change in cash | - | €25,974 | €9,987 | €27,153 | -€31,040 | ▼ 214% |
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
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €40,254 ▲8.1%
Net result €40,254, the highest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €10,568 ▼57.3%
Net result drops to €10,568, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Vilvoorde · 1 establishment unit since 2019
Ground area
77 m²
Building footprint
77 m²
Volume, LiDAR
553 m³
Parcel 23088A0107/00A005, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MC-SOFT
since 20192.294.567.365
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23088A0107/00A005 | Flanders | 77 m² | 1 · 77 m² | 10.7 m · 3 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.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 3,105 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735852589
Also
9925:BE0735852589
Registered
31-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.