MC1 (0661.763.989): financials and annual accounts

MC1

Uccle ·KBO/BCE: BE 0661.763.989

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
Balance sheet: assets
Total assets`20/58`	2.3m	2.3m	2.3m	2.4m	2.4m	2.5m	2.5m	2.5m	2.5m
Formation expenses`20`	-	-	-	-	-	-	-	0	0
Fixed assets`21/28`	2.3m	2.3m	2.3m	2.3m	2.4m	2.4m	2.4m	2.5m	2.5m
Intangible fixed assets`21`	-	-	-	-	-	-	-	0	0
Tangible fixed assets`22/27`	2.3m	2.3m	2.3m	2.3m	2.4m	2.4m	2.4m	2.5m	2.5m
Land and buildings`22`	2.2m	2.2m	2.2m	2.3m	2.3m	2.3m	2.4m	2.4m	2.4m
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	0	0
Furniture and vehicles`24`	47,458	76,080	103,360	74,249	101,157	54,506	82,339	112,075	77,583
Other tangible fixed assets`26`	-	-	-	-	-	-	-	0	0
Assets under construction and advance payments`27`	-	-	-	-	-	-	-	0	0
Financial fixed assets`28`	855	-	-	-	-	0	300	300	0
Current assets`29/58`	37,938	17,911	25,044	20,469	29,453	65,654	29,282	38,339	45,796
Trade receivables`290`	-	-	-	-	-	-	-	0	0
Other amounts receivable`291`	-	-	-	-	-	-	-	0	0
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	0	0
Stocks`30/36`	-	-	-	-	-	-	-	0	0
Contracts in progress`37`	-	-	-	-	-	-	-	0	0
Amounts receivable within one year`40/41`	11,815	14,464	11,329	9,422	12,487	150	16,212	269	9,397
Trade receivables`40`	1,031	5,486	1,000	3,243	1,077	150	15,169	269	4,397
Other amounts receivable`41`	10,784	8,978	10,329	6,179	11,410	0	1,044	0	5,000
Current investments`50/53`	-	-	-	-	-	-	-	0	0
Cash at bank and in hand`54/58`	22,757	239	10,264	8,396	14,672	63,150	10,504	35,640	34,542
Deferred charges and accrued income`490/1`	3,366	3,208	3,451	2,651	2,294	2,353	2,565	2,430	1,857
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	2.3m	2.3m	2.3m	2.4m	2.4m	2.5m	2.5m	2.5m	2.5m
Equity`10/15`	-1.1m	-1.1m	-951,203	-860,501	-792,552	-773,131	-690,599	-596,084	-493,873
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	0	18,600	18,600	18,600
Issued capital`100`	-	-	-	-	-	0	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	-	0	0
Contributions outside capital`11`	-	-	-	-	-	18,600	-	0	0
Share premium`1100/10`	-	-	-	-	-	18,600	-	0	0
Revaluation surpluses`12`	-	-	-	-	-	-	-	0	0
Legal reserve`130`	-	-	-	-	-	-	-	0	0
Own shares acquired`1312`	-	-	-	-	-	-	-	0	0
Other`1319`	-	-	-	-	-	-	-	0	0
Tax-exempt reserves`132`	-	-	-	-	-	-	-	0	0
Distributable reserves`133`	-	-	-	-	-	-	-	0	0
Profit (loss) carried forward`14`	-1.2m	-1.1m	-969,803	-879,101	-811,152	-791,731	-709,199	-614,684	-512,473
Investment grants`15`	-	-	-	-	-	-	-	0	0
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	0	0
Pensions and similar obligations`160`	-	-	-	-	-	-	-	0	0
Taxes`161`	-	-	-	-	-	-	-	0	0
Major repairs and maintenance`162`	-	-	-	-	-	-	-	0	0
Environmental obligations`163`	-	-	-	-	-	-	-	0	0
Other liabilities and charges`164/5`	-	-	-	-	-	-	-	0	0
Deferred taxes`168`	-	-	-	-	-	-	-	0	0
Amounts payable`17/49`	3.4m	3.4m	3.3m	3.2m	3.2m	3.2m	3.2m	3.1m	3.0m
Trade debts`175`	-	-	-	-	-	-	-	0	0
Advances received on contracts in progress`176`	-	-	-	-	-	-	-	0	0
Other amounts payable`178/9`	-	-	-	-	-	-	-	0	0
Amounts payable within one year`42/48`	3.4m	3.4m	3.3m	3.2m	3.2m	3.2m	3.2m	3.1m	3.0m
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	0	0
Financial debts`43`	2.9m	2.9m	2.9m	2.9m	2.9m	2.9m	2.9m	2.9m	2.9m
Credit institutions`430/8`	2.9m	2.9m	2.9m	2.9m	2.9m	2.9m	2.9m	2.9m	2.9m
Other loans`439`	-	-	-	-	-	-	-	0	0
Trade debts`44`	4,429	6,874	1,954	3,172	977	6,618	2,561	9,688	421
Suppliers`440/4`	4,429	6,874	1,954	3,172	977	6,618	2,561	9,688	421
Bills of exchange payable`441`	-	-	-	-	-	-	-	0	0
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	0	0
Taxes, remuneration and social security`45`	0	90	135	648	57	4,700	512	4,475	39
Taxes`450/3`	0	90	135	648	57	4,700	512	4,475	39
Remuneration and social security`454/9`	-	-	-	-	-	-	-	0	0
Other amounts payable`47/48`	504,123	445,898	396,911	308,861	303,970	324,020	259,569	219,475	131,507
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	0	479
Income statement
Turnover`70`	-	-	-	-	-	-	-	0	0
Non-recurring operating income`76A`	0	13,575	-	-	-	-	-	0	0
Gross operating margin`9900`	88,787	71,832	56,722	49,153	83,446	34,964	24,990	18,044	30,141
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	0	0
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	0	0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	28,622	28,827	85,888	88,962	73,095	87,285	86,041	83,082	523,831
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	0	0
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	0	0
Other operating charges`640/8`	10,930	10,526	10,751	11,804	9,484	8,385	9,378	12,922	1,136
Operating charges capitalised as restructuring costs`649`	-	-	-	-	-	-	-	0	0
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	0	0
Operating profit (loss)`9901`	49,236	32,479	-39,917	-51,614	867	-60,706	-70,428	-77,959	-494,826
Financial income`75/76B`	-	-	-	-	-	-	-	80	0
Recurring financial income`75`	-	-	-	-	-	-	-	80	0
Non-recurring financial income`76B`	-	-	-	-	-	-	-	0	0
Financial charges`65/66B`	111,467	151,223	50,149	15,687	19,744	21,323	23,574	23,499	17,608
Recurring financial charges`65`	111,467	151,223	50,149	15,687	19,744	21,323	23,574	23,499	17,608
Non-recurring financial charges`66B`	-	-	-	-	-	-	-	0	0
Profit (loss) for the period before taxes`9903`	-62,231	-118,744	-90,066	-67,301	-18,877	-82,029	-94,003	-101,378	-512,434
Income taxes`67/77`	443	500	635	648	544	504	512	834	39
Profit (loss) for the period`9904`	-62,674	-119,244	-90,702	-67,949	-19,421	-82,532	-94,514	-102,212	-512,473
Transfer from tax-exempt reserves`789`	-	-	-	-	-	-	-	0	0
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	-	0	0
Profit (loss) for the period to be appropriated`9905`	-62,674	-119,244	-90,702	-67,949	-19,421	-82,532	-94,514	-102,212	-512,473
Appropriation of the result
Profit (loss) to be appropriated`9906`	-1.2m	-1.1m	-969,803	-879,101	-811,152	-791,731	-709,199	-614,684	-512,473
Profit (loss) brought forward from the previous period`14P`	-1.1m	-969,803	-879,101	-811,152	-	-	-	-	-
Transfer from equity`791/2`	-	-	-	-	-	-	-	0	0
Addition to contributions`691`	-	-	-	-	-	-	-	0	0
To the legal reserve`6920`	-	-	-	-	-	-	-	0	0
To other reserves`6921`	-	-	-	-	-	-	-	0	0
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	0	0
Directors or managers`695`	-	-	-	-	-	-	-	0	0
Employees`696`	-	-	-	-	-	-	-	0	0
Social balance sheet
Average staff (FTE)`9087`	0	0	0	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
30-06-2025	full format	15-12-2025	2025-00581289	PDF
30-06-2024	full format	13-02-2025	2025-00034428	PDF
30-06-2023	full format	21-02-2024	2024-00032398	PDF
30-06-2022	full format	10-01-2023	2023-20555641	PDF
30-06-2021	full format	20-12-2021	2021-80800034	PDF
30-06-2020	full format	07-01-2021	2021-00400320	PDF
30-06-2019	full format	10-01-2020	2020-01000034	PDF
30-06-2018	micro format	07-01-2019	2019-00500080	PDF
30-06-2017	micro format	05-12-2017	2017-71200371	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
EBITDA	77,858	61,306	45,971	37,348	73,962	26,579	15,612	5,123	29,005
Cash flow	-34,052	-90,417	-4,813	21,013	53,674	4,753	-8,474	-19,130	11,358
Investment in fixed assets	855	1,547	66,927	37,673	81,218	41,377	29,588	89,519	3.0m
Change in cash	22,518	-10,025	1,868	-6,276	-48,478	52,646	-25,136	1,098	-
Working capital	-3.4m	-3.4m	-3.3m	-3.2m	-3.2m	-3.2m	-3.1m	-3.1m	-3.0m
Solvency	-49.4%	-46.5%	-40.7%	-36.6%	-32.9%	-31.4%	-27.9%	-23.5%	-19.5%
Current ratio	0.01	0.01	0.01	0.01	0.01	0.02	0.01	0.01	0.02
ROA	-2.7%	-5.2%	-3.9%	-2.9%	-0.8%	-3.4%	-3.8%	-4.0%	-20.2%
Interest coverage	0.70	0.41	0.92	2.38	-	-	-	-	-

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	-	€1,547	€66,927	€37,673
Financial fixed assets	€855	-	-	-
Depreciation and write-downs of the year	€28,622	€28,827	€85,888	€88,962

MC1

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency-49.4%

Current ratio0.01

Return on assets-2.7%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on MC1

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