MC-SOLUTION
InactiveSignals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2024 was due by 31-03-2025 and was filed on 28-11-2024, 123 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
123 d early
2023
29 d late
2022
31 d late
2021
2 d early
2020
31 d late
2019
on the day
2018
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 1 day before 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)
Financials · fiscal year 2024, micro schema
Equity
€3.5m▼ 6.3%
2023 · €3.7m
Total assets
€3.5m▼ 10.1%
2023 · €3.9m
Net result
€121,195▲ 371%
2023 · €25,751
Working capital
€3.5m▲ 3.0%
2023 · €3.4m
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€76,438▼ 46.9%€97,078▲ 27.0%€2.7m▲ 2,637%-€2,308-€11,652▼ 405%
Net result€62,169▼ 38.8%€84,256▲ 35.5%€2.5m▲ 2,819%€25,751▼ 99.0%€121,195▲ 371%
Equity€1.2m▲ 0.5%€1.2m▲ 7.2%€3.7m▲ 197%€3.7m▲ 0.6%€3.5m▼ 6.3%
Total assets€1.6m▲ 5.0%€1.5m▼ 9.6%€4.1m▲ 179%€3.9m▼ 6.2%€3.5m▼ 10.1%
Debt€480,986▲ 17.6%€239,769▼ 50.2%€440,544▲ 83.7%€159,017▼ 63.9%€2,299▼ 98.6%
Working capital€462,526▲ 1.3%€261,703▼ 43.4%€3.4m▲ 1,193%€3.4m▲ 0.2%€3.5m▲ 3.0%
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 €11,652 in 2024 against €2,308 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €3.5m
Equity
€3.5m ▼ 6.3%
Debt
€2,299 ▼ 98.6%
Debt's share of the balance-sheet total falls from 4.1% to 0.1%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.00▼
2023 · 0.04
ROE
3.5%▲
2023 · 0.7%
ROA
3.5%▲
2023 · 0.7%
Debt ≤ 1 year
€2,299▼
2023 · €110,944
Income taxes
€6,552▼
2023 · €7,170
A ratio outside any meaningful range has been withheld (balance sheet total €3.5m, equity €3.5m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2.8m | €8,023 | €6,328 | ▼ 21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,250 | €10,504 | €12,955 | - | - |
| Other operating charges640/8 | - | €41,646 | €4,631 | €5,602 | €1,213 | ▼ 78.4% |
| Non-recurring operating charges66A | - | - | - | - | €17,160 | - |
| Gross operating margin9900 | €77,415 | €142,973 | €2.7m | €16,249 | €6,721 | ▼ 58.6% |
| Operating profit (loss)9901 | €76,438 | €97,078 | €2.7m | -€2,308 | -€11,652 | ▼ 405% |
| Financial income75/76B | - | €16,376 | €101,290 | €36,713 | €133,995 | ▲ 265% |
| Recurring financial income75 | €13,843 | €16,376 | €101,290 | €36,713 | €133,995 | ▲ 265% |
| Financial charges65/66B | - | €853 | €35,716 | €1,483 | -€5,404 | ▼ 464% |
| Recurring financial charges65 | €7,825 | €853 | €35,716 | €1,483 | -€5,404 | ▼ 464% |
| Profit (loss) for the period before taxes9903 | €82,456 | €112,601 | €2.7m | €32,921 | €127,747 | ▲ 288% |
| Income taxes67/77 | €20,287 | €28,346 | €263,218 | €7,170 | €6,552 | ▼ 8.6% |
| Profit (loss) for the period9904 | €62,169 | €84,256 | €2.5m | €25,751 | €121,195 | ▲ 371% |
| Profit (loss) for the period to be appropriated9905 | €62,169 | €84,256 | €2.5m | €25,751 | €121,195 | ▲ 371% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.5m | €4.1m | €3.9m | €3.5m | ▼ 10.1% |
| Fixed assets21/28 | €700,002 | €1.1m | €398,887 | €385,932 | - | - |
| Tangible fixed assets22/27 | - | €390,750 | €398,887 | €385,932 | - | - |
| Land and buildings22 | - | €390,750 | €382,455 | €374,160 | - | - |
| Furniture and vehicles24 | - | - | €16,431 | €11,771 | - | - |
| Financial fixed assets28 | €700,002 | €700,002 | - | - | - | - |
| Current assets29/58 | €943,513 | €395,801 | €3.7m | €3.5m | €3.5m | ▼ 0.2% |
| Amounts receivable within one year40/41 | €20,221 | €30,729 | €512,747 | €515,859 | €513,794 | ▼ 0.4% |
| Trade receivables40 | - | - | €9,680 | €6,050 | - | - |
| Other amounts receivable41 | - | €30,729 | €503,067 | €509,809 | €513,794 | ▲ 0.8% |
| Current investments50/53 | €178,936 | €214,656 | €1.7m | €2.7m | €2.9m | ▲ 7.4% |
| Cash at bank and in hand54/58 | €744,355 | €150,416 | €1.6m | €239,142 | €33,164 | ▼ 86.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,994 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.5m | €4.1m | €3.9m | €3.5m | ▼ 10.1% |
| Equity10/15 | €1.2m | €1.2m | €3.7m | €3.7m | €3.5m | ▼ 6.3% |
| Contributions10/11 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €485,455 | €569,636 | €3.0m | €3.1m | €3.1m | = |
| Non-distributable reserves130/1 | - | €5,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | €5,000 | - | - | - | - |
| Distributable reserves133 | - | €564,636 | €3.0m | €3.1m | €3.1m | = |
| Profit (loss) carried forward14 | €627,074 | €627,147 | €627,457 | €627,458 | €748,653 | ▲ 19.3% |
| Advance to shareholders on the distribution of net assets19 | - | - | - | - | €357,000 | - |
| Amounts payable17/49 | €480,986 | €239,769 | €440,544 | €159,017 | €2,299 | ▼ 98.6% |
| Amounts payable after more than one year17 | - | €105,672 | €75,802 | €45,676 | - | - |
| Financial debts170/4 | - | €105,672 | €75,802 | €45,676 | - | - |
| Amounts payable within one year42/48 | €480,986 | €134,097 | €363,792 | €110,944 | €2,299 | ▼ 97.9% |
| Current portion of amounts payable after more than one year42 | - | €29,615 | €29,870 | €30,126 | - | - |
| Trade debts44 | €24,500 | €545 | €515 | €709 | €2,299 | ▲ 224% |
| Suppliers440/4 | - | €545 | €515 | €709 | €2,299 | ▲ 224% |
| Taxes, remuneration and social security45 | - | €26,984 | €257,659 | €8,727 | - | - |
| Taxes450/3 | - | €23,234 | €253,659 | €7,727 | - | - |
| Remuneration and social security454/9 | - | €3,750 | €4,000 | €1,000 | - | - |
| Other amounts payable47/48 | - | €76,954 | €75,748 | €71,383 | - | - |
| Accrued charges and deferred income492/3 | - | - | €950 | €2,397 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,169 | €84,256 | €2.5m | €25,751 | €121,195 | ▲ 371% |
| + Depreciation and write-downs630 | - | €4,250 | €10,504 | €12,955 | - | - |
| Operating cash flow (approximation) | €62,169 | €88,505 | €2.5m | €38,706 | €121,195 | ▲ 213% |
| Investment in fixed assets (approximation) | - | -€395,000 | €681,362 | €0 | - | - |
| Change in cash | - | -€593,939 | €1.4m | -€1.3m | -€205,978 | ▲ 84.3% |
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
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-08
Financial
Liquidity times 48current ratio 1520.74
Current ratio from 31.58 to 1520.74; short-term debt falls from €110,944 to €2,299.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €25,751 ▼99%
Net result drops to €25,751, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 31.58
Current ratio from 10.30 to 31.58; short-term debt falls from €363,792 to €110,944.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €2.5m ▲2,819%
Operating result €2.7m, net result €2.5m, both a record.
31-12
Financial
Liquidity triplescurrent ratio 10.30
Current ratio from 2.95 to 10.30.
31-12
Financial
Equity above €2mEq €3.7m ▲197%
5 profitable years in a row build equity to €3.7m.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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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Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2021 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2021 annual accounts of MC-SOLUTION and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.